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Automotive Bushing Market by Product (Damper Top Mounts, Suspension Arm Bushings, Subframe Bushings, Hydro Bushings, Engine Mounts and Suspension Mounts), Application (Engine, Suspension, Chassis, Interior, Exhaust and Transmission), Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs)) and Sales Channel (Original Equipment Manufacturers (OEMs) and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021–2027

A08450
Pages: NA
Feb 2021 | 115 Views
 
Author(s) : NA
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Charts: NA
 

COVID-19

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Automotive Bushing Market Outlook - 2027 

Automotive bushing in a vehicle acts as a shock absorber and can provide smooth interference, very less vibration, and control the noise created from vehicle moving parts. Automotive bushing is usually produced using elastic either from elastic or polyurethane. It is utilized for most parts in suspension application, which gives comfort to passengers by reducing knocks in the vehicle. The significant preferred standpoint of automotive bushing is that it requires less or no grease and it transmits less commotion and vibrations the advanced standards of noise, harshness & vibration of a vehicle make it essential to use an automotive bushing to reduce noise and vibrations. Therefore, increase in demand for comfort and luxury is expected to drive the market over the forecast period.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast unit

  Value (USD)

  Segments covered

  Product, Application, Vehicle Type, and Sales Channel

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

Continental AG, ZF Group, Sumitomo Riko Company Limited, DuPont, BOGE Rubber & Plastics, Vibracoustic GmbH, Federal-Mogul LLC, Paulstra SNC, Oiles Corporation, Mahle GmbH

 

COVID-19 scenario analysis:

  • As the manufacturing units across the globe have been shut down, footfalls in the demand due to market shut down with a huge dip in the sales of units have made a huge impact on the market.
  • The highest production loss has been listed by the most productive countries across the world since the pandemic. In addition, economic trade has also posted a huge impact on manufacturing companies.
  • The global economy is highly dependent on the automotive industry and other industries such as steel, chemicals, textile, etc. However, as they are shut down due to pandemic, it has tremendously affected the automobile industry.
  • Production may start soon after the lockdown but the increase in demand is expected to take some time to revive. This is estimated to affect the profitability of companies.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

Increase in concerns about vehicle driving comfort, demand for a smooth ride, and increment in the deals for luxury vehicles are expected to drive the growth of the market over the forecast period. Moreover, high rivalry in the market for automotive bushing advancements in the automotive part industry is expected to hamper the growth of the market. Furthermore, innovating polyurethane automotive bushings, which can provide a high level of comfort and noise reduction, can offer lucrative opportunities for the market growth.

The automotive bushing market trends are aas follows:

Increase in concerns about vehicle driving comfort 

The technology is rapidly restructuring the automotive industry and the automotive Original Equipment Manufacturer (OEM) is continuously adopting new technological changes to enhance the comfort of passengers. To gain competitive edge, manufacturers offer some of these features in their economic vehicles to sustain their position in the market. Therefore, this is expected to further boost the automotive bushing market over the forecast period.

Increment in the deals for luxury vehicles 

The buying power of customers is increasing rapidly in many developing countries due to urbanization, thereby creating a huge demand for luxury and safety in automobiles. Awareness about the advantages of
safety and luxury among customers has forced them to buy expensive vehicles, which is expected to further fuel the automotive bushing market growth over the forecast period.

Key segments covered:

Segments

Sub-segments

  Product

  • Damper Top Mounts
  • Suspension Arm Bushings
  • Subframe Bushings
  • Hydro Bushings
  • Engine Mounts
  • Suspension Mounts

  Application

  • Engine
  • Suspension
  • Chassis
  • Interior
  • Exhaust
  • Transmission

  Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)

  Sales Channel

  • Original Equipment Manufacturers (OEMs)
  • Aftermarket

 

Key benefits of the report:

  • This study presents the analytical depiction of the automotive bushing market along with current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the automotive bushing market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the automotive bushing market scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions answered in the automotive bushing market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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