The motorcycle exhaust system is normally
manufactured in two types: muffler and full system. Muffler only also
called as slip-on systems. This type of exhaust retains the factory head
pipe and replaces just the muffler. Another type is the full system, in
which the exhaust systems replaces everything from the head to the back
of the motorcycle. The motorcycle slip-on exhaust system is employed as
a replacement component for the muffler in the standard exhaust system
and it offers enhanced esthetic appeal and maintain proper sound.
Moreover, it boosts the performance of the motorcycle. Superior esthetic
appearance coupled with enhancement in performance is a major requisite
for sports bikes.
Increased demand for racing bikes is driving the motorcycle slip-on exhaust systems market.
Rise in demand for racing bikes coupled with increase in number of
racing events being organized is boosting the motorcycle slip-on exhaust
systems market. Norms by governing bodies to manufacture slip-on
exhaust systems are offering significant opportunity to the market.
Higher cost of manufacturing and higher cost of the systems are major restraints of the market.
The global motorcycle slip-on exhaust
systems market can be segmented based on vehicle type, material, sales
channel, and region.
According to vehicle type, the motorcycle
slip-on exhaust systems market can be classified into motorbikes,
scooter, and moped. The motorbikes segment is likely to hold a
significant share of the market by the end of 2018, owing to a higher
preference among consumers toward the slip-on exhaust systems in the
aftermarket. Moreover, the production of motorbikes is much higher than
that of the other two segments. Increase in demand for scooters in
countries with maximum two wheeler vehicle production, such as India, is
likely to propel the scooter segment during forecast period.
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Based on material, the motorcycle slip-on
exhaust systems market can be divided into stainless steel, aluminum,
carbon fiber, titanium, and others. The exhaust system is in direct
contact with the engine, and it is located in the heat-prone zone.
Materials having high thermal resistance are mostly utilized to
fabricate the slip-on exhaust systems. Advancements in material
technology have led to an improvement in life of the component. A
composite layer is incorporated in the slip-on exhaust system in order
to reduce the damage to the part.
Based on sales channel, the motorcycle
slip-on exhaust systems market can be bifurcated into OEM and
aftermarket. The OEM segment is expected to hold a relatively minor
share of the market by the end of 2018. Consumers opt for motorcycle
slip-on exhaust systems as replacement after damage to the original
part, or to improve the esthetic appearance of the vehicle. These parts
are included under the aftermarket segment, which is projected to
account for a major share of the market by the end of 2018.
In terms of region, the global motorcycle
slip-on exhaust systems market can be segmented into North America,
Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia
Pacific is likely to lead the global market owing to the presence of
major motorcycle producer countries, such as China and India, in the
region.
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Global players operating in the market
for motorcycle slip-on exhaust systems are Akrapovic, Arrow, YOSHIMURA
JAPAN, Cobra, VANES&HINES, Graves Motorsports, FMF, M4 Exhaust, Two
Brothers Racing, and VooDoo Industries. Regulatory norms mandated by the
government and organizations are likely to prompt manufacturers to
implement those changes in their vehicle parts while manufacturing.
This, in turn, is expected to boost the cost on research and development
and manufacturing of those parts
