Some Recent developments
In January 2020, MagnaFlow entered the UTV market with a new cat-back exhaust system for 2017-20 Can-Am Maverick X3 models. The new exhaust system (part number 8101201) uses 2.5-in. mandrel-bent stainless-steel tubing and a 14-in. muffler with an aggressively styled dual-exit design, to give your Can-Am the deep signature MagnaFlow growl, without the drone associated with other systems on the market. This new venture by MagnaFlow provides the company new region top explore and gain demands from. It will work out for the company well in the longer run.
In October 2019, MagnaFlow launched its new modular, cat-back exhaust system designed for the 2020 Toyota Supra. This new system, dubbed xMOD, will eventually spread to other applications. This system can be customized as it sits after installation thanks to a series of modular components that can be swapped in and out in minutes using quick-release v-band clamps. Given these abilities of the system it is expected to turn a lot of heads in the automotive exhaust market. This will also boost the growth rate of cold-end exhaust system in the aftermarket.
In March 2019, MagnaFlow suffered a setback, when it was penalized by Environmental Protection Agency (EPA) for manufacturing and selling diesel truck parts that bypass or disable emissions control systems, in violation of the Clean Air Act. It sold 5,674 aftermarket exhaust systems intended for trucks from 2001 to 2007, which allowed for the removal of newer exhaust control systems that reduce emissions. This act has caused the company to be heavily penalized by the agency to the tune of more than $600,000. These penalties and the rules for environmental safety will act as hindrances for the growth.
In February 2020, Flowmaster releases new American thunder exhaust for Ram & Silverado Company. Flowmaster’s American Thunder series exhaust uses Delta Flow technology to increase performance and deliver a deep, powerful sound. Their new exhaust lineup is designed for 2014-2019 RAM 3500 models with the 6.4L Hemi engine. Flowmaster has also expanded to cover 2020 Chevy/GMC 2500HD & 3500HD trucks equipped with the 6.6L gas engine. It will provide improved performance and fuel economy while producing a moderate tone inside and outside the truck, leading to better demand in the market for the systems.
In January 2019, MagnaFlow introduced the DPF-Back Exhaust for 2018-19 Ford F-150 diesel trucks. The system has two configurations, black-coated and polished dual-tip. The systems are fully compliant to the emission standards in every state of the U.S. This new exhaust system utilizes 4″ tubing, welded intercooled tips to enhance exhaust aesthetics, all in a simple, clamp-on exhaust configuration that provides the signature MagnaFlow sound. Also, this launch boosts the credibility of the exhaust systems by MagnaFlow for the market.
In-depth report on global cold-end exhaust system aftermarket by Grand View Research:
https://www.grandviewresearch.com/industry-analysis/cold-end-exhaust-system-aftermarket-industry
In May 2019, The Eberspaecher Group of Companies invested in a component plant for exhaust technology in Mexico. The new building in Saltillo will house manufacturing facilities for existing and future contracts in the NAFTA market. The planned facility with approximately 15,000 square meters of manufacturing space will produce complete exhaust systems as well as components such as particulate filters and catalytic converters for the NAFTA market. The first batch of products rolled out at the end of 2019.
In May 2019, Calsonic Kansei and Magneti Marelli announced that they would be moving to a single brand (Marelli), and in September, they announced that they would be changing their legal name in October 2019. While Calsonic Kansei now legally operate as ‘MARELLI Corporation’, Magneti Marelli is called as ‘MARELLI Europe S.p.A.’. The move comes on the back of parent MARELLI planning to compete effectively on the global scale. Major affiliate companies are also called by the MARELLI name from October 2019.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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