Generator Exhaust Silencer Market Projected to Register an Impressive Growth Through 2027
Growing
need to control noise and air pollution arising from running generators is
estimated to bolster the global generator exhaust silencer market in the coming
years.
According
to TechSci report on, “Generator Exhaust
Silencer Market - By Region, Competition Forecast &
Opportunities, 2027”, the generator exhaust silencer market is
expected to grow at an impressive CAGR during the forecast period, 2023-2027,
on account of rising carbon emissions and greenhouse gases across the globe. In
addition, the implementation of stringent government policies regulations towards
emissions from generators is supporting the demand for generator exhaust
silencers. For instance, the United States has set a goal to generate 100%
carbon pollution free electricity by 2035, for which the regulatory authority
has set multiple cost-effective pathways, each resulting in reduction in the
carbon emissions. Moreover, for the development of energy-efficient and green
buildings, the builders are increasingly employing exhaust silencers with
generators as these silencers absorb heat and emissions before they disperse
into the atmosphere. Apart from this, the exponentially rising oil and gas
exploration activities, particularly in the Middle East due to the easy
availability of minerals and other valuable metals has resulted in the
increased adoption of power generators in the region. Furthermore, the growing
need to install sturdy backup power units to combat sudden power cuts is also
fostering the demand for both generators and exhaust silencers. Hence, rapid
urbanization, industrialization, and exponential demand for power across the
globe are anticipated to propel the global generator exhaust silencer market
over the forecast period.
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The global generator exhaust silencer market
is segmented by fuel, shape, material competitive landscape, and regional
distribution. Based on fuel, the market is bifurcated into diesel and natural
gas. Among these, diesel generators are anticipated to hold a significant
market share in the coming years. Diesel generators are more reliable and
inexpensive but also noisy, loud, and messy. Whereas natural gas generators are
expensive but are also quieter and cleaner. The easy affordability of diesel
generators is leading to its growing adoption, which in turn is augmenting the
demand for exhaust silencers.
By type, the market is divided into reactive
silencer, absorptive silencer, and combination silencer. The combination
silencer segment is expected to hold a considerable market share in the coming
years. Combination silencers combine the features of both reactive and
absorptive silencers due to which they can reduce both mid-frequency and
high-frequency sound waves. They have the absorption material incorporated
within the chamber design of the reactive silencer, which facilitates the
reduction of all frequency types. As a result, combination silencers are more
in demand and expected to lead the segment in the forecast period.
Based on the shape, the market is segmented
into cylindrical, rectangular, oval, and round. Among these, the cylindrical
segment is estimated to witness a robust demand over the coming years. The
cylindrical silencers can be used for both inside and outside applications and
can be mounted vertically or horizontally to satisfy the requirement. In addition,
cylindrical exhaust silencers are considered to be one of the most economical
silencers among the other types.
On the basis of material, the global market
is segmented into aluminized steel, stainless steel, and carbon steel. The
carbon steel segment is projected to hold a prominent market share in the
coming years. Compared to stainless steel and aluminized steel, carbon steel
has high ductile strength and is very less vulnerable to denting or bending.
Due to the high strength of carbon steel, it is widely adopted in the
manufacturing of generator exhaust silencers.
A list of major market players of the Generator
exhaust silencer market includes:
- Delcot Engineering Private Limited
- IAC Acoustics
- Curtis Power Solutions
- EngNet Engineering Network
- Nett Technologies Inc.
- Silen & Sistem
- Durr Universal
- Anpam Engineering
- P.K. Engineering
- Genset India Pvt Ltd
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“On the geographical front, the Asia-Pacific region is
projected to hold the most considerable market share as most of the economies
of Asia-Pacific region are in the transition phase. The rapidly growing
infrastructure development, urbanization, and industrialization in countries
like India, China, and South Korea has resulted in the increased employment of
generators and exhaust silencers across various end-user industries. Besides, North
America is estimated to grow at a rapid pace owing to the stringent policies
implemented by the regulatory authorities in the US to advance building energy
security. With the surging need for the
more sustainable variants, new market players are advised to invest heavily in
pursuit of building more sustainable and environmentally friendly technologies
in order to establish their brand dominance in the competitive market.,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Generator Exhaust Silencer Market
- Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027" Segmented By Fuel (Diesel, Natural
Gas), By Type (Reactive Silencer, Absorptive Silencer, Combination Silencer),
By Shape (Cylindrical, Rectangular, Oval, Round), By Material (Aluminized
steel, Stainless Steel, Carbon Steel) and By Region” has evaluated the future growth potential of generator
exhaust silencer market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in generator
exhaust silencer market.
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