Global Automotive Bushing Market, By Product Type (Damper Top Mounts, Suspension Arm Bushings, Subframe Bushings, Hydro Bushings, Engine Mounts, Suspension Mounts), Vehicle Type (Passenger Car, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (LCV)), Application (Engine, Suspension, Chasis, Interior, Exhaust, Transmission), Distribution Channel (Original Equipment Manufacturers (OEMs), Aftermarket), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Automotive Bushing Market
Automotive bushing market size is valued at USD 199.37 million by 2028 and is expected to grow at a compound annual growth rate of 4.55% over the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive bushing market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Automotive bushing is a type of rubber based element which is used to segregate the vibrations of the parts it is used on, as well as isolating the part from any surrounding vibrations. It acts as a medium between two parts dropping the effect of interactions among two metal parts and causing a lessening in friction between the two.
The automotive bushing market has a huge potential to grow over the forecast period of 2021 to 2028, owing to the rapid technological improvements by using lightweight materials improves the efficiency of vehicles. In addition, the increased sale of luxury vehicle is also largely influencing the growth of the automotive bushing market. Also the increasing demand for comfort, safety and ride quality is another driver flourishing the growth of automotive bushing market. Also, the high growth in automotive sector as well as the increasing demand for safe, comfortable and premium vehicles are also creating the demand for automotive bushing and is projected to witness significant growth in the above mentioned forecast period. However, the market of automotive bushing though has certain limitations which can obstruct the potential growth of the market such as the dearth of standardization for automotive bushing system, whereas the increasing price of natural rubber and increasing demand for pure electric vehicles have the potential to challenge the growth of the automotive bushing market.
In addition, the rapid increase in demand for bushings with high load carrying capacity for heavy-duty applications as well as the rising use of lightweight materials to enhance the efficiency of vehicles will further offer various growth opportunities for the automotive bushing market in the forecast period of 2021 to 2028.
This automotive bushing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive bushing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Automotive Bushing Market Scope and Market Size
Automotive bushing market is segmented on the basis of product type, vehicle type, application and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the automotive bushing market is segmented into damper top mounts, suspension arm bushings, subframe bushings, hydro bushings, engine mounts and suspension mounts.
- Based on vehicle type, the automotive bushing market is segmented into passenger car, light commercial vehicle (LCV) and heavy commercial vehicle (HCV).
- The application segment of the automotive bushing market is segmented into engine, suspension, chasis, interior, exhaust and transmission.
- On the basis of distribution channel, the automotive bushing market is segmented into original equipment manufacturer (OEM) and aftermarket.
Automotive Bushing Market Country Level Analysis
Automotive bushing market is analyzed and market size, volume information is provided by country, product type, vehicle type, application and distribution channel as referenced above.
The countries covered in the automotive bushing market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Asia-Pacific leads the automotive bushing because of the rapid rise in the demand for vehicles along with the strong presence of a large number of contract manufacturers as well as increasing adoption of automation processes in this particular region. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the increasing demand for vision-guided robotic systems and high adoption of application-specific machine vision systems in the region.
The country section of the automotive bushing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Bushing Market Share Analysis
Automotive bushing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive bushing market.
The major players covered in the automotive bushing market report are Continental AG, ZF Friedrichshafen AG, Sumitomo Riko Company Limited, DuPont, MAHLE GmbH, Tenneco Inc., OILES CORPORATION, Cooper Standard, Vibracoustic, BOGE Rubber & Plastics, HYUNDAI POLYTECH INDIA, Hallstar, Hutchinson Paulstra, MarkLines Co., Ltd., The Benara Udyog Limited, Keats Manufacturing, DAYTON LAMINA CORPORATION, Jotex Rubber Industrial Co. Ltd., JRB Engineering Works and Xiamen Monake Import And Export Co. Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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