29.10.2015 Views

Automotive Exhaust Systems Market

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Report Description<br />

Global <strong>Automotive</strong> <strong>Exhaust</strong> <strong>Systems</strong> <strong>Market</strong>: Region-wise Outlook<br />

In terms of geography, the global automotive exhaust systems market has been divided in<br />

to seven key regions including North America, Latin America, Eastern Europe, Western<br />

Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan.Global automotive<br />

exhaust system market is expected to witness high growth in APAC followed by Eastern<br />

Europe and North America. With high automobile production, APAC is expected to<br />

witness significant growth, especially in emerging economies such as China and India.<br />

Favourable working conditions along with cheap labour are major factors which<br />

encourage OEMs to set up manufacturing plants in APAC. Rising demand in countries<br />

such as Japan and South Korea are also fuelling the global automotive exhaust system<br />

market. Global automotive exhaust system market is expected to expand at a steady<br />

CAGR of 6% to 8% during the forecast period.<br />

<strong>Automotive</strong> <strong>Exhaust</strong> <strong>Systems</strong> <strong>Market</strong>: Key Players<br />

Some of the market participants in the global automotive exhaust systems market are<br />

Benteler International, Eberspacher, Faurecia, Futaba Industrial, Chongqing Height<br />

Automobile <strong>Exhaust</strong> System, Harbin Airui <strong>Automotive</strong> <strong>Exhaust</strong> System, Futaba Industrial<br />

Company ltd.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!