Global Automotive Bushing Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
"Global Automotive Bushing Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global automotive bushing market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive bushing market report has been segmented on the basis of vehicle type, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the global market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the global automotive bushing market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Bushing is a mechanical part or component that is made by using rubber or polyurethane material. Bushing acts as an isolator for noise and vibrations prevention. Mechanical bushing is placed between rotary applications to reduce friction between moving components. Bushing is widely used in automotive sector to ensure convenience, smoothness, and comfortability inside the vehicle.
Increasing sale of passenger vehicles across the globe is a key factor expected to drive growth of the global automotive bushing market over the forecast period. In addition, increasing demand for high comfort level among end users of vehicles across the globe is expected to proliferate growth of the global market in the near future, owing to various features offered by automotive bushing such as, vibration isolation, cushioning, and reduced friction.
Increasing use of various types of bushing in various parts of vehicles such as, in shock absorber mountings, alternator, motor mounts, sub-frame mounts, control arm, transmission shifters, sway bar links, and sub-frame mounts is expected to support growth of the global automotive bushing market, owing to beneficial properties of mechanical bushing such as, reduced wear outs of mechanical parts and controls the movement in the joints and reduces noise and friction in various mechanical parts.
In addition, bushing implementation among various automotive mechanical parts offers various benefits such as, it provides resistance to road shocks, enables operation with a poor shaft surface finish, provides high resistance to corrosive conditions, improves lubrication groove, provides high sliding velocity, high load bearing capacity, and operates at temperatures up to 250 °C. These properties are expected to support penetration of bushing among automotive manufacturers across the globe and this in turn expected to support growth of the global market in the forecast period.
However, lack of maintained standards for automotive bush and rising stringent safety regulations related to maintenance of suspension systems are some major factors expected to hamper growth of the global automotive bushing market.
The market in Asia Pacific is expected to dominate the global market in terms of revenue, owing to high sale of vehicles among emerging countries such as, China and India. In addition, increasing bushing manufacturing facilities among countries in Asia Pacific region is expected to support growth of the target market in the region.
Market in North America is expected to witness steady growth during the forecast period, owing to increasing development of advanced suspension systems from luxury car manufacturers. The Europe is expected to witness significant growth owing, to continuous development for advanced automotive parts with high efficiency and presence of leading automotive manufacturers in countries in the region. In addition, The Latin America and Middle East are expected to witness lucrative growth in the next 10 years, owing to increasing penetration of mechanical bushing among automotive manufacturers in countries in the region.
Global Market Segmentation:
Global market segmentation, by vehicle type:
- Passenger Car (PC)
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
- Electric Vehicle
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
- Plug-in-hybrid Electric Vehicle (PHEV)
Global market segmentation, by application:
Global market segmentation, by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Mahle GmbH
- Tenneco, Inc.
- Continental AG
- Federal-Mogul LLC
- Vibracoustic GMBH
- Benara Udyog Limited
- Cooper Standard Holdings, Inc.
- Sumitomo Riko Company Limited
- BOGE Rubber & Plastics Brasil S.A
- I. du Pont de Nemours and Company (DuPont)
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