Market Research Report
Automotive Bushing Market by Application (Engine, Suspension, Chassis, Interior, Exhaust, Transmission), Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), EV Type, and Region - Global Forecast to 2025
|Published by||MarketsandMarkets||Product code||745755|
|Published||Content info||121 Pages
Delivery time: 1-2 business days
|Automotive Bushing Market by Application (Engine, Suspension, Chassis, Interior, Exhaust, Transmission), Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), EV Type, and Region - Global Forecast to 2025|
|Published: November 9, 2018||Content info: 121 Pages||
"The significant increase in production in the global automotive industry is expected to drive the automotive bushing market."
The global automotive bushing market is projected to grow from an estimated USD 132.20 billion in 2018 to USD 175.31 billion by 2025, at a CAGR of 4.11% from 2018 to 2025. The market is anticipated to grow due to the growing vehicle production, shifting focus toward lightweight vehicles, and rising demand for ride quality. However, the major restraint for the automotive bushing market is the lack of standardization of automotive bushing.
The interior bushing segment is expected to show high growth in the future. Due to the rising demand for ride quality and safety, this segment is expected to drive the growth of automotive bushings in the coming years.
Bushing used in suspension system is expected to hold the largest market share. Bushings are used in several applications of the suspension system such as balance rod, shock absorber, and front suspension.
The increasing production of vehicles in the Asia Pacific region, particularly in India and China, is expected to drive the automotive bushing market in the region. The huge vehicle production in China and rapidly growing automotive market in India would drive the growth of automotive bushings in the Asia Pacific region. In addition, the increasing demand for electric, self-driving, and connected vehicles is expected to make a huge impact on the region's car market.
The study contains insights provided by various industry experts, ranging from automotive bushing manufacturers to automobile OEMs and various automotive associations. The break-up of the primaries is as follows:
Players profiled in the report are:
The report covers the automotive bushing market by application (engine, suspension, chassis, interior, exhaust, transmission), vehicle type (passenger car, HCV, LCV), electric vehicle type (BEV, HEV, PHEV), and region (Asia Pacific, Europe, North America, and Rest of the World).
The report provides insights into the following points:
*Details on Business overview, Products offered, Recent Developments, SWOT analysis might not be captured in case of unlisted companies.