Report ID: 10346750 |
Published Date: 21 Oct 2022 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
U.S. Aftermarket For Exhaust Manifolds For Heavy Duty Trucks Market Analysis 2019-2028
An exhaust manifold is a cast iron or stainless-steel component which gathers engine exhaust gases from the engine cylinders and funnels all the exhaust gases to the exhaust pipe. The U.S. aftermarket for exhaust manifolds for the heavy-duty truck market is anticipated to record a CAGR of 5.76% during the forecast period, i.e. 2020-2028. Factors such as the increasing implementation of stringent regulations by the U.S. government for their focus to reduce emissions from heavy-duty vehicles, rising demand for heavy-duty vehicles in the automotive industry, and the growing demand for aftermarket vehicle spare parts from the transportation and logistics industries are anticipated to promote towards the growth of the U.S. aftermarket for exhaust manifolds for the heavy-duty truck market. Additionally, factors such as the growing production of heavy commercial vehicles in the U.S., change in focus amongst the manufacturers of automotive parts to manufacture lightweight spare parts using advanced alloys and the significant properties of advanced materials that allow to enhance the efficiency of the exhaust system of engine are anticipated to drive the growth of the U.S. aftermarket for exhaust manifolds for the heavy-duty truck market.
The U.S. aftermarket for exhaust manifolds for the heavy-duty truck market consists of various segments that are segmented by material, type, engine type, truck type and by region. The type segment is further divided into tubular and log. Out of these, the log segment registered the largest market share and registered a value of around USD 50 million in the year 2019. The log exhaust manifolds support the high flow of gases inside the logs and are cost-effective compared to other turbo exhaust manifolds. They are also highly reliable and compact. The tubular segment, on the other hand, is anticipated to grow with the highest CAGR of around 7% during the forecast period.
Some of the affluent industry leaders in the United States aftermarket for exhaust manifolds for heavy duty trucks market are Cadillac Casting, Inc., Aisin World Corp. of America, MetalTek International, CAB Incorporated, and Wescast Inc.
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Report ID: 10346750 |
Published Date: 21 Oct 2022 |
Report Format: |
Delivery Timeline: 48-72 Business Hours
