Global Automotive Connecting Rod Bearing Market, By Sales Channels (Original Equipment Manufacturers (OEM) and Aftermarket), Material Type (Aluminum, Stainless Steel, High-Carbon Steel and Babbitt), Vehicle Type (Heavy Commercial Vehicles, Light Commercial Vehicles, Hybrid Electric Vehicles and Two Wheelers), and 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 Connecting Rod Bearing Market
The automotive connecting rod bearing market is expected to witness market growth at a rate of 11.20% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive connecting rod bearing market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the concerns with carbon emissions is escalating the growth of automotive connecting rod bearing market.
Automotive connecting rod bearing can also be referred to as rod-end bearing makes an important part for an engine assembly. Being a two piece band, it offers the rotatory motion when the two parts that is the connecting rods and the bearings are connected. It can manage pressure and maximum load capacity varying upon the type of engine.
Major factors that are that are expected to boost the growth of the automotive connecting rod bearing market in the forecast period are the rise in the demand of connecting rods because of its properties like engine stability and drivability. Furthermore, the increase in the demand for the internal combustion engine -powered vehicles is further anticipated to propel the growth of the automotive connecting rod bearing market. Moreover, the upsurge in the need for titanium connecting rods because of their low weight is further estimated to cushion the growth of the automotive connecting rod bearing market. On the other hand, the government emphasizing on increasing in the production of battery electric vehicles is further projected to impede the growth of the automotive connecting rod bearing market in the timeline period.
In addition, the rise in utilization of the carbon fiber connecting rods in these cars will further provide potential opportunities for the growth of the automotive connecting rod bearing market in the coming years. However, the rise in the demand for the engine downsizing resulting in the reduction of engine’s size might further challenge the growth of the automotive connecting rod bearing market in the near future.
This automotive connecting rod bearing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 connecting rod bearing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Connecting Rod Bearing Market Scope and Market Size
The automotive connecting rod bearing market is segmented on the basis of sales channel, material type and vehicle type. The growth among segments helps you analyse 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 sales channels, the automotive connecting rod bearing market has been segmented into original equipment manufacturers (OEM) and aftermarket.
- On the basis of material type, the automotive connecting rod bearing market has been segmented into aluminum, stainless steel, high-carbon steel and babbitt.
- On the basis of vehicle type, the automotive connecting rod bearing market has been segmented into heavy commercial vehicles, light commercial vehicles, hybrid electric vehicles and two wheelers.
Automotive Connecting Rod Bearing Market Country Level Analysis
The automotive connecting rod bearing market is analysed and market size, volume information is provided by country, sales channel, material type and vehicle type as referenced above.
The countries covered in the automotive connecting rod bearing market report are the 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).
North America dominates the automotive connecting rod bearing market due to the rise in the potential for spending more due to the inventive growth of the automotive industry. Furthermore, the rise in the occurrence of major key players will further boost the growth of the automotive connecting rod bearing market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of the growth of the automotive connecting rod bearing market due to the effectiveness and the sales of vehicles in the advancing countries. Moreover, the rise in the potential and the high living standard is further anticipated to propel the growth of the automotive connecting rod bearing market in the region in the coming years.
The country section of the 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 Connecting Rod Bearing Market Share Analysis
The automotive connecting rod bearing 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 connecting rod bearing market.
The major players covered in the automotive connecting rod bearing market report are Tianrun Crankshaft Co., Ltd., Arrow Precision Ltd., Albon Engineering & Manufacturing plc., JD Norman Industries, CP Carrillo., Wossner Pistons, Wiseco Piston Company Inc., Pauter Machine Co., POWER INDUSTRIES., Mahle GmbH, Cummins Inc., Honda Motor Co. Ltd., Dover Corporation, IT Forging (Thailand) Co. Ltd., Linamar, YASUNAGA CORPORATION., Tianrun Crankshaft Co., Ltd., and American Axle & Manufacturing, Inc., 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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