Global Automobile Muffler Market to Exhibit Steady Growth from 2018 to 2028 in Light of Emission Regulations & Technological Advancements [Yahoo! Finance]
Honda Motor Company, Ltd. (HMC)
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Source: Yahoo! Finance
Size, Share, Trends, Opportunity, and Forecast, 2018-2028F" report has been added to ResearchAndMarkets.com's offering. The global landscape of the automobile muffler market is showing promising growth, valued at USD 9.7 Billion in 2022, with anticipated steady expansion at a CAGR of 6.07% through 2028. The surge in market growth can be attributed to stringent noise and emission control standards implemented globally, requiring advanced exhaust silencing devices in vehicles. Automobile Mufflers Integral to Vehicle Performance and Emission Reduction Automobile mufflers play a critical role in curbing noise pollution and enhancing vehicle performance. Using innovative chambers, baffles, and sound-absorbing materials, these devices mitigate the noise output of internal combustion engines and contribute to a more pleasant driving experience. Moreover, optimized exhaust flow aids in increasing engine efficiency, therefore improving fuel economy and cutting down on emissions. Market
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Sec Filings
- 4/25/24 - Form 6-K
- 4/9/24 - Form 6-K
- 4/2/24 - Form 6-K
- HMC's page on the SEC website