Automotive Bushing Technologies Market growing at 4.86% CAGR during 2019 to 2023, according to “Automotive Bushing Technologies Market 2019 Global Industry Analysis Research Report”, published by Market Research Future. Global Automotive Bushing Technologies Market by Type (Damper Bushings, Bump stops, Top Mounts, Suspension Arm Bushings, Subframe Bushings, PT Mounts), Material, Sales, Application (PV, LCV, HCV) and Region with forecast to 2023. —
Global Automotive Bushing Technologies Market Forecast Highlights:
Some of the key players in this market include Vibracoustic GmbH (Germany), Tenneco Inc (US), SumiRiko AVS Germany GmbH (Germany), Paulstra SNC (France), Nolathane (US), Hyundai Polytech (India), Cooper Standard Holdings Inc (US), BOGE Rubbers and Plastics (Damme), Continental AG (Germany) and Federal Mogul LLC (US).
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The automotive bushing technologies market is growing rapidly over the last few years, mainly due to the increase in sales of advanced and luxury vehicles. The rise in the need for anti-vibration parts in the vehicle has influenced the growth of the market, opening new opportunities for the existing as well as new manufacturers. Moreover, factors such as the increase in the growth of the auto component industry, accelerate the market, globally.
The sale of luxury cars on the rise, the demand for that smooth ride and the rising needs for vehicle driving comfort is all set to drive the growth of the global automotive bushing technologies market both in terms of volume and value till 2023. Bushings play a vital part in the functioning of a car. It ensures that the connection between the wheel and the car body thereby serving like a pivot point. Basically, these are vibration insulators which offer some form of boundary amid car components. It will help in reducing the energy that is transmitted from a moving component to the other. Due to this purpose, the vibration that occurs in the vehicle’s suspension system while driving will be reduced to a large extent which in turn will keep both the driver as well as the passenger inside the car extremely comfortable. For optimizing the manner in which the bushings work, such parts should be sustainable and flexible. The key advantage of using bushing over a solid connection is that less vibration and less noise are transmitted.
Though automotive bushings are available in different types, but those made of rubber are the most widely used. It has been specially designed to cater to the standards of harshness, vibration and noise. Increase in the sales of various anti-vibration components together with the growing demand for cars having high performance is likely to open doors for the new entrants thereby boosting the revenue further of the global automotive bushing technologies market.
Automotive Bushing Technologies Market Segmentation:
Market Research Future (MRFR) report provides a comprehensive segmental analysis of global automotive bushing technologies market on the basis of type, material, sales channel and vehicle type.
Based on type, the automotive bushing technologies market is segmented into PT mounts, subframe bushings, suspension arm bushings, top mounts, bump stops, and damper bushings. The PT mounts bushing is again sub-divided into transmission, roll-rod and engine.
Based on material, this market is segmented into polyurethane and rubber.
Based on sales channel, the automotive bushing technologies market is segmented into aftermarket and OEM.
Based on vehicle type, the market is segmented into heavy commercial vehicle, light commercial vehicle and passenger cars. Due to the rising need for passenger cars, this category dominated the automotive bushing technologies market in 2017.
Automotive Bushing Technologies Market Regional Analysis:
The Asia Pacific region, heading with its burgeoning automotive market, would retain its dominance over the global automotive bushing technologies market. The growing OEMs and aftermarket sectors alongside the increased concern regarding safety and vibration in the vehicle boost the growth in the market. The market is witnessing a spurting increase in the production of commercial vehicles as well as in passenger cars in emerging nations such as India, China, and Japan, which is impacting the growth of the regional market, positively.
The rise in the total sales of vehicles and also high population in India and China is anticipated to raise the automotive bushing technologies market over the forecast period. Also, rising concerns for whole body vibration in the car is likely to boost the growth of this market. Similarly, markets in Europe and North America are expected to see an uptick due to strict standards taken by the government concerning vehicle safety.
The market for automotive bushing technologies in the European region accounts for another lucrative market, globally. European countries such as Germany and the UK, backed by their futuristic technologies and enormous investments, account for the major growth contributors to the growth of the market in the region.
The North America automotive bushing technologies market has emerged as a promising market, globally. The well-established automotive sector in the region is expected to support the Automotive Bushing Technologies market to grow significantly over the forecast period.
Table Of Content
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
List of Tables:
Table 1 Global Automotive Bushing Technologies Market: By Region, 2018-2023
Table 2 North America Automotive Bushing Technologies Market: By Country, 2018-2023
Table 3 Europe Automotive Bushing Technologies Market: By Country, 2018-2023
Table 4 Asia Pacific Automotive Bushing Technologies Market: By Country, 2018-2023
Table 5 RoW Automotive Bushing Technologies Market: By Country, 2018-2023
List of Figures:
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top Down & Bottom Up Approach
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
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