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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Global Automotive Bushing Technologies Market Highlights:
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. The developing automotive components industry with regards to demand is likely to create more demand for the automotive bushing technologies. Constant fluctuation in the cost of raw materials however is likely to take a toll on the growth of the global automotive bushing technologies market.
Market Segments Analysis:
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.
Regional Market Analysis:
Based on region, the automotive bushing technologies market has been segmented into four major regions which includes North America, Europe, Asia Pacific, and Rest-of-the-World. Of all, Asia Pacific has the largest market share followed by Europe. 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.
TABLE OF CONTENTS:
1 INTRODUCTION
1.1 DEFINITION
1.2 SCOPE OF STUDY
1.3 RESEARCH OBJECTIVE
1.4 ASSUMPTIONS & LIMITATIONS
1.5 MARKET STRUCTURE:
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCES
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
3 MARKET DYNAMICS
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 CHALLENGES
3.5 MACROECONOMIC INDICATORS
Continued…
LIST OF TABLES:
TABLE 1 EUROPE AUTOMOTIVE BUSHING TECHNOLOGIESS, BY REGION 2011-2027, ($ MILLION)
TABLE 2 EUROPE AUTOMOTIVE BUSHING TECHNOLOGIESS FOR MINING, BY REGION 2011-2027, (MILLION)
TABLE 3 EUROPE AUTOMOTIVE BUSHING TECHNOLOGIESS FOR MARINE, BY REGION 2011-2027, (MILLION)
TABLE 4 EUROPE AUTOMOTIVE BUSHING TECHNOLOGIESS FOR WATERTREATMENT, BY REGION 2011-2027, (MILLION)
Continued…
LIST OF FIGURES
FIGURE 1 SUPPLY CHAIN: AODD PUMPS
FIGURE 2 PORTERS FIVE FORCES
Continued…
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