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Global Automotive Bushing Market: About this marketSpeak directly to the analyst to clarify any post sales queries you may have.
Bushings are generally made of rubber and mounted between joints to isolate vibration absorb shocks occurring due to bumps over the road surface and reduce the wear and tear resulting due to frequent direct contact between two metal components. The automotive bushing market analysis considers sales from both suspension and steering, transmission system and other applications. This analysis also considers the sales of automotive bushing in APAC, Europe, MEA, North America, and South America. In 2018, the suspension and steering segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing adoption of vehicles across the globe will play a significant role in the suspension and steering segment to maintain its market position. Also, our global automotive bushing market report also looks at factors such as increase in demand for vehicles, growing preference for vehicle light weighting and in-vehicle comfort and safety and increasing preference of SUVs. However, increasing instances of product recalls, consumers’ shift from vehicle ownership, and increasing incorporation of air suspension system may hamper the growth of the automotive bushing industry over the forecast period.
Global Automotive Bushing Market: Overview
Growing preference for vehicle lightweight and in-vehicle comfort and safety
Government bodies and vehicle manufacturers are implementing stringent emission norms to reduce vehicle emission. As a reduction in vehicle weight has a considerable impact on vehicle emission, vehicle manufacturers are focusing on the adoption of lightweight materials. Majority of bushings are made of either polyurethane or rubber, which are considerably lightweight. The growing preference for vehicle lightweight will fuel the automotive busing market to grow at a CAGR of almost 4% during the forecast period.
Growing adoption of predictive maintenance technology and component monitoring system
Preventive maintenance technology is gaining popularity in the automotive industry as the technology alerts the failure of the component and avoids breakdown of vehicles. Rubber bushings are subjected to uneven forces applied by uneven road surface, heat, oil & chemicals, and dust, which leads to their failure and sometimes may result in an accident. This development is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global automotive bushing market during the forecast period 2019-2023, click here.
Competitive Landscape
With the presence of several major players, the global automotive bushing market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive bushing manufacturers, that include Bridgestone Corp., Freudenberg SE, MAHLE GmbH, Sumitomo Riko Co. Ltd. and Tenneco Inc.
Also, the automotive bushing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
PART 08: MARKET SEGMENTATION BY VEHICLE TYPE
PART 09: GEOGRAPHIC LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
List of Exhibits
Companies Mentioned
A selection of companies mentioned in this report includes:
- Bridgestone Corp.
- Freudenberg SE
- MAHLE GmbH
- Sumitomo Riko Co. Ltd.Tenneco Inc.