PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Long-Term Growth of Performance Segment Energizes North American Exhaust Components Aftermarket Finds Frost & Sullivan - Emission regulations requiring the replacement of failed or worn out components will drive growth in the North American components aftermarket
Long-Term Growth of Performance Segment Energizes North American Exhaust Components Aftermarket Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Mountain View, CA, United States, 2009/06/25 - Emission regulations requiring the replacement of failed or worn out components will drive growth in the North American components aftermarket.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

While long lasting OE installed parts impede the growth of the aftermarket, the adoption of inspection and maintenance programs in an increasing number of states will drive unit shipments. Further, the transition toward direct-fit components from universal components expects to expedite revenue generation for the exhaust aftermarket. Brand awareness remains low in the standard exhaust components aftermarket and consumers settle for what is available at a reasonable price.

"The performance exhaust segment, in contrast, is characterized by high levels of customer involvement and branding plays a key role in determining purchase decisions," says Frost & Sullivan Research Analyst Ratika Garg. "Thus, the performance segment holds enormous potential as the lack of technology standardization in this particular arena gives aftermarket manufacturers the liberty to introduce new features and induce greater product differentiation."

New analysis from Frost & Sullivan (automotive.frost.com), Market Analysis of the North American Exhaust Components Aftermarket, finds that market earned revenues of $769.1 million in 2008 and estimates this to reach $1.02 billion in 2015.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, send an email to David Escalante, Corporate Communications, at david.escalante[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.

The North American exhaust components aftermarket has witnessed a shift towards direct-fit components that translates into increased average prices and revenues.

"I have seen this trend more in certain product lines like mufflers and catalytic converters. Direct-fit components also adversely impact the unit shipments of exhaust pipes because direct-fit components come with the requisite tubing," says Garg. "In addition, there is a move towards integrated systems such as integrated exhaust manifolds, as well as cat-back systems that present new growth opportunities to aftermarket manufacturers."

At the installer level, direct-fit components offer an ease of installation and optimized productivity. A major cause of concern in the aftermarket remains the shortage of skilled technicians, which makes direct-fit components an easier alternative. Direct-fit components eliminate the need for cutting and welding and can simply be bolted on to a vehicle. Due to this advantage, direct-fit components are preferred to universal components even despite their higher price.

Although the quality of exhaust components at the OE level has improved a great deal, stringent emission regulations ensure that vehicle owners replace a catalytic converter or pipe when it is damaged. Besides, a larger number of consumers are more inclined towards keeping their vehicles longer, which bodes well for the exhaust components aftermarket. Nonetheless, compliance with emissions and noise regulations pose a huge challenge as variations in regulations at the federal, state, and even local levels complicate matters for manufacturers.

There are two sets of emission regulations followed by aftermarket manufacturers – one imposed by Environmental Protection Agency (EPA) and another imposed by California Air Resources Board (CARB). In order to compete effectively, aftermarket manufacturers are developing two different product lines, one for California, and one for the remaining 49 states. On one hand it raises their manufacturing costs, but on the other, it allows them to grow their customer base and rake in better revenues.

Aftermarket manufacturers of catalytic converters are hit worse by regulatory issues. They have to walk the tightrope between developing lower-cost catalytic converter replacements that work on various vehicle applications and satisfying specific parameters related to exhaust emissions.

"By focusing on performance improvements while meeting emission regulations, manufacturers can offset the impact of declining replacement rates in the standard exhaust segment," says Garg. "Also, the ability to cater to their customers' needs in a short turnaround time, providing direct-fit components, and offering a full line supply will emerge as critical success factors."

Market Analysis of the North American Exhaust Components Aftermarket is part of the Automotive and Transportation Growth Partnership Service program, which also includes research in the following markets: Total North American Aftermarket for Selected Fractional Horsepower Motors, North American Heating, Ventilating, and Air-Conditioning (HVAC) Aftermarket, Protect Your Assets: An Analysis of the North American Spray-on and Drop-in Bedliner Market, and North American Selected Brake Components Aftermarket. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.

Market Analysis of the North American Exhaust Components Aftermarket / N594

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Long-Term Growth of Performance Segment Energizes North American Exhaust Components Aftermarket Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Automotive&Transportation | Frost & Sullivan
Publisher Contact: David Escalante 
210.477.8427 david.escalante[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

The NEOPLAN Skyliner Has Been Awarded The ‘International Busplaner Sustainability Prize 2017’
First Transports in Networked Trucks - DB Schenker and MAN Agree on Platooning Project
MAN Truck & Bus Are Placing the New MAN TGE Under Static Scrutiny As Part of A Van Bodybuilders’ Day Today
MAN Lion's Intercity is Russia’s Intercity Bus of the Year
Enel and Nissan Present First All-inclusive Electric Mobility Solution
MAN Truck & Bus Korea Launched MAN Lion’s Touring - The First and Only Cabriolet Bus for Sightseeing Tours in Korea
Influx of Cheap Imports Floods the Automotive Filter Aftermarket Says Frost & Sullivan
BASF Introduces Latest Robust Connectors for Automotive Wire Harnesses
Man Group Announces 100 NEOPLAN Skyliner Coaches for Rome
BASF Introduces Synthetic Leather Made with Elastollan® - Makes Car Seats More Comfortable
Frost & Sullivan Acclaims Federal-Mogul Motorparts' Visionary Solutions and Growth Strategies for the North American Automotive Aftermarket
Borealis and Borouge Showcase Lightweight Solutions with the 2016 European Car of the Year At K Fair
BASF - Charge Air Duct Made from The High-temperature Polyamide Ultramid® Endure BM for Blow Molding
MAN Announces First Major Order from Tbilisi
BASF and Hyundai Motor Showcase RN30 Concept Car At K Fair

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)