Growth Of Light Vehicle Exhaust & Emissions Systems Market 2015 - 2023

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REPORT DESCRIPTION
Light vehicle exhaust systems are installed in vehicles to reduce the noise created by the vehicle’s engine.
The systems help in enhancing the drivability, fuel economy, and overall power of the light vehicles. The
indigenous models of exhaust systems, such as a simple duct system, could only inhibit toxic exhaust
gases from entering the light vehicles. However, the implementation of stringent emission control
regulations and a paradigm shift in consumer preference have increased the demand for lightweight and
more compact vehicle exhaust and emissions systems.
In-depth research report on : http://www.transparencymarketresearch.com/light-vehicle-exhaustemissions-systems-market.html
Impact of Stringent Government Policies on Light Vehicle Exhaust and Emissions Systems
The Federal and state governments in the U.S. have enacted and deployed stringent standards for noise
pollution control. For instance, the Federal Noise Control Act was one of the most noted nationwide laws
introduced by the Federal government to regulate noise created by light vehicles. Similar laws have been
also introduced in Australia to regulate the noise levels of light vehicles. Such regulations have fuelled the
demand for light vehicle exhaust and emissions systems around the world.
The global light vehicle exhaust and emissions systems market is segmented into opposite dual exhaust,
dual side exhaust, dual rear exit, and single exit pipe, in terms of type. Of these, single exit pipe systems
have only one exhaust pipe, through which it releases the exhaust gases away from the engine. Dual rear
exit differs from single exit pipes in terms of the number of pipes. Some of the major components of
exhaust systems installed in light vehicles include mufflers, filters and catalytic converters, hangers, and
decoupling elements.
Emerging Economies in Asia Pacific to Emerge as Lucrative Markets
The demand for light vehicle exhaust and emissions systems is expected to be the highest from regions
including North America, Asia Pacific, and Europe. The U.S. is anticipated to remain one of the most
lucrative markets for the systems.
The high population of China, coupled with increasing demand for lightweight vehicles, will create
impressive opportunities for the light vehicle exhaust and emissions systems market in the country.
Furthermore, the demand for these systems will also be high across countries such as South Korea and
Germany, since they are witnessing robust economic growth. Increased spending on commercial
infrastructure and rapid expansion of the automotive industry in Japan will also augment the demand for
light vehicle exhaust and emissions system from the country.
A major share of the global population is located in the emerging economies of Asia Pacific. This aids the
exponential growth of the automotive industry. Governments across these nations have increased their
funding to improve infrastructure and provide a balanced view of parking for better management of road
traffic and congestion. Furthermore, implementation of stringent pollution control emissions has impelled
carmakers to deploy the latest technologies such as light vehicle exhaust and emissions systems in the
cars they manufacture. Such factors are boosting the global market for light vehicle exhaust and emissions
systems.
Some of the prominent companies operating in the light vehicle exhaust and emission systems market are
Borla, Gibson Performance, Inc., Magnaflow, MBRP Inc., are Flowmaster, Inc., JBA Performance Exhaust,
advanced FLOW engineering, Inc., Gale Banks Engineering. INC., and Gibson Performance, Inc.
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Light vehicle exhaust systems are installed in vehicles to reduce the noise created by the vehicle’s engine. The systems help in enhancing the drivability, fuel economy, and overall power of the light vehicles. The indigenous models of exhaust systems, such as a simple duct system, could only inhibit toxic exhaust gases from entering the light vehicles. However, the implementation of stringent emission control regulations and a paradigm shift in consumer preference have increased the demand for lightweight and more compact vehicle exhaust and emissions systems. In-depth research report on : http://www.transparencymarketresearch.com/light-vehicle-exhaust-emissions-systems-market.html