The Asia-Pacific exhaust system market is expected to reach $16,616.8 26 March | Page 2
Browse through the market data tables, figures and detailed ToC on the
“The Asia-Pacific exhausts system market”.
http://www.micromarketmonitor.com/market/asia-pacific-exhaust-system-4795015713.html
Some of the most powerful automotive giants across the globe have set up their manufacturing
units in this region, due to availability of resources, such as cheap labor and land. For past couple
of years, the Asia-Pacific region has dominated the automobile manufacturing industry. Factors,
such as the improving lifestyle and the consequent rise in disposable income and the different
government initiatives in this sector are anticipated to boost the growth of the exhaust system in
Asia-Pacific. The China exhaust market was valued at $4,272.8 million in 2014, and is expected
to reach $7,215.9 million by 2019, at a CAGR of 11.0% from 2014 to 2019. The exhaust system
market in India is expected to grow at CAGR of 11.7% during the forecast period.
The Asia-Pacific exhaust system market is a competitive market, due to the presence of a large
number of market players in this region. The major players operational in this market are Yutaka
Corporation, Futaba, and Tenneco Inc. New product launches and expansions are the major
strategies adopted by the companies operational in the Asia-Pacific exhaust system market.
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Tel: +1-888-502-0539