Global Exhaust Systems Market to Spread a Predictable Worth of US$ 57,504.6 Mn by 2022


Free Press Release DB | Press Release Date : Aug 10, 2017  Download


According to a latest report published by Fact.MR the global automotive exhaust systems market is set to expand at a steady CAGR during the forecast period (2017-2022) to reach a valuation of US$ 57,504.6 Mn.


Exhaust system is an important automotive component found in almost all modern vehicles. However, growing need for auto technologies that can address the issues of carbon emission and environmental degradation is likely to reflect on the automotive application of exhaust systems in the future. Fact.MR in its latest report reveals that the global market for exhaust systems will reach a valuation of US$ 57,504.6 Mn by 2022-end, registering steady CAGR during the forecast period (2017-2022). Factors such as growing consumer awareness and introduction of new regulatory guidelines are expected to impact the growth of the global exhaust system market over the next couple of years.

OEM - Top Sales Channel for Exhaust Systems

Based on sales channel, the OEM segment currently accounts for over 60% share of the market and this trend is likely to continue throughout the forecast period. In addition, the segment is expected to stand at US$ 37,722.8 Mn towards the end of 2022, expanding at 5% CAGR. As the overall auto industry undergoes massive transformation, OEMs will also need to adapt accordingly to leverage the available opportunities and avoid obsoleteness. Meanwhile, the aftermarket segment is expected to witness a relatively lower growth. By 2022-end, nearly US$ 19,781.8 Mn worth exhaust systems are estimated to be sold in the aftermarket.

Request For Report Sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=35

By vehicle type, passenger car is projected to remain the most lucrative segment of the global exhaust systems market. Increased global demand for passenger cars is expected to support the growth of the market in 2017 and beyond. The LCV segment is expected to emerge as the second segment over 2022.

On the basis of fuel type, the diesel segment is projected to witness a relatively higher growth as compared to gasoline segment. By 2022-end, the diesel segment is expected to reach a market valuation of US$ 36,449.3 Mn. This is attribute to growing consumer preference for vehicles that run on diesel.

Check Discount @ https://www.factmr.com/connectus/sample?flag=D&rep_id=35

Additional Highlights of the Report

Click to View Complete Report @ https://www.factmr.com/report/35/exhaust-system-market

About Us

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR

Office: Dublin 2

Suite 9884

27 Upper Pembroke Street,

Dublin 2, Ireland

Tel: +353-1-6111-593

( Dublin 2 )

Email: sales@factmr.com

Web: https://www.factmr.com

 




Contact Person & Company

Name

:

Ram Singh

Company

:

Fact.mr

Contact Numbers

Telephone No.

:

Fax No.

:

Handphone No.

:

Website

Website 1

:

Go To PR Site

Website 2

:

Go To PR Site

Youtube

:

PR Tags

:

Global Exhaust Systems Market, Exhaust Systems Market, Exhaust Systems, ,

Address

Suite 9884

27 Upper Pembroke Street

Dublin 2

Ireland


Contact The Author



Contact Ram Singh






More Press Release From Author



Global Thermal Insulation Material Market is Anticipated to Register US$ 53,286.8 Million by 2020 End


Free Press Release DB :

The Global Thermal Insulation Material Market is slated to grow at a robust CAGR during the assessment period, 2020 --> Read This Press Release !



By : Ram , Singh ( Oct 11, 2017 )
Category : Business Press Release | Country : United States Press Release




Global Electric Bus Market is Poised to Exhibit A Moderate at a CAGR of 28.0% by 2020 End


Free Press Release DB :

The global electric bus market is slated to grow at a robust CAGR during the assessment period 2020 --> Read This Press Release !



By : Ram , Singh ( Oct 5, 2017 )
Category : Automotive Press Release | Country : United States Press Release




Global Dry Type Dust Control Systems Market is Expected to Expand US$ 290 Mn by 2022


Free Press Release DB :

Fact.MR’s new report reveals that the global dry type dust control systems market is set to ride at steady CAGR of 5.1% between 2017 and 2022. --> Read This Press Release !



By : Ram , Singh ( Sep 21, 2017 )
Category : Business Press Release | Country : United States Press Release





Read More Articles From Ram Singh



Disclaimer

The author of the press releases are solely responsible for the content of their press releases. Freepressreleasedb.com can't be held liable for the content posted by author. Please check the accuracy of the press release before using the press release. If necessary please contact the author. Thank you.




Report Abuse