Report Summary

The global automotive cold-end exhaust aftermarket industry was valued at $4,550 million in 2017 and is anticipated to grow at a CAGR of 3.5% during the forecast period. The cold-end exhaust aftermarket includes the sale of components in the exhaust system such as underfloor convertor, resonator, intermediate pipes, muffler, heat shields, and exhaust tip among others. The cold-end exhaust aftermarket offers components and automobile parts which are affordable. However, with respect to the cold-end exhaust aftermarket, there are strong government regulations regarding the emission norms. Additionally, these aftermarkets also go through JASMA, an association which monitors the noise levels in the mufflers and resonators in exhaust systems. This aftermarket also experiences the introduction of new and emerging technologies and chemicals used to control particulate matter from the exhaust pipe and light weight muffler with efficient sound reduction.

The growing global automotive industry, and rising demand for passenger and commercial vehicles primarily drive the automotive cold-end exhaust Aftermarket. The introduction of stringent government regulations, and emission norms boost the adoption of automotive cold-end exhaust aftermarket. Market players are offering technologically advanced exhaust systems and related components at affordable costs to cater to the growing consumer demands, which boosts market growth. The growing development of autonomous cars, and increasing environmental concerns accelerate the growth of the automotive cold-end exhaust Aftermarket.

Segment Analysis

The global automotive cold-end exhaust aftermarket is segmented on the basis of type, vehicle type, and geography. Based on type, the market is segmented into basic, and performance. The basic segment accounted for the highest share in the global Automotive Cold-End Exhaust Aftermarket in 2017 owing to increasing environmental concerns among consumers and introduction of stringent government regulations regarding vehicular emissions.

The vehicle types in the global automotive cold-end exhaust aftermarket include passenger vehicles, and commercial vehicles. Passenger vehicles segment dominated the global market in 2017 owing to rising demand of luxury vehicles, and increasing disposable incomes in emerging economies.

Regional Analysis

This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. Europe accounted for the largest share in the global Automotive Cold-End Exhaust Aftermarket in 2017. The primary factors driving market growth in this region include rising demand for luxury automobiles, increasing development of autonomous vehicles, and stringent government regulations regarding vehicular emissions in the region.

Competitive Landscape

The vendors in the market are launching new products to meet the growing customer needs. In addition, the leaders in the market are acquiring and collaborating with top companies in the market to enhance their offerings in the market and expand their customer base. The Automotive Cold-End Exhaust Aftermarket is highly competitive with the presence of a large number of small and large vendors. The leading players in the market include Faurecia, Dynomax Ultra Flo, Flowmaster, Inc., Tenneco Inc., Rogue Engineering, MagnaFlow, Bosal Group, Eberspächer Exhaust Aftermarket GmbH & Co. KG, Calsonic Kansei Corporation, and Magneti Marelli S.p.A. among others.