30 Nov -0001
Rockville, Md. The global automotive exhaust muffler market is set to grow at a 6.2% CAGR and reach US$ 18.55229 Bn by 2032, according to Fact.MR, driven by the push to cut both noise and tailpipe emissions from exhaust systems. The market stands at US$ 10.1662 Bn by the end of 2022, recovering from a slower stretch earlier in the cycle.
Between 2017 and 2021, demand grew at just a 2.7% CAGR, weighed down by a broad slowdown in the auto industry and the pandemic downturn, with the market at US$ 9.63898 Bn in 2020. As conditions normalise, sustained sales of fossil-fuel vehicles, alongside rising electric-vehicle popularity, are expected to keep muffler demand afloat through the coming decade.
Center inlet mufflers lead the product mix, accounting for about 23% of revenue. By size, inlet mufflers measuring 1 1/2 to 2 1/2 inches stand at around US$ 2.047 Bn in 2022. Passenger cars are the largest vehicle segment, contributing close to US$ 3 Bn in value by the end of 2022, as regulators lean on original equipment manufacturers to fit more sophisticated exhaust systems.
China is the fastest-expanding market at an 8% CAGR from 2022 to 2032, while the United Kingdom is an opportunistic market growing at 7.4%.
Regulation is the strongest force in this market. As governments tighten limits on automotive emissions to address air pollution, manufacturers are steered toward advanced exhaust systems that lower the overall environmental footprint of vehicles, keeping mufflers relevant even amid the shift to cleaner powertrains.
The global market is highly fragmented, with players focused on mergers, acquisitions and innovation. In September 2021, Eberspaecher opened a new facility in Brazil to expand its global footprint, producing complete exhaust after-treatment systems along with catalytic converters and mufflers for passenger cars and trucks.
For suppliers, growth favours advanced, low-emission exhaust systems and a foothold in fast-growing Asian markets. Investors get a market with a firm regulatory tailwind and a steady recovery path. Procurement teams can plan around center inlet mufflers and passenger car applications carrying volume, with China offering the fastest growth through 2032.
Fact.MR's study covers the global automotive exhaust muffler market with historical data for 2017 to 2021 and forecasts for 2022 to 2032, segmented by product type, sales channel, size type and vehicle type across six regions. It sizes each segment, maps the competitive field, and weighs the regulatory forces shaping demand. Further detail is available in the automotive exhaust muffler market report.
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.
Automotive Exhaust Muffler Market
Free SampleAbout Fact.MR
Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.