News on U.S. government agencies, U.S. politics, companies doing business with U.S. federal government. Read U.S. national and local news. This site is not affiliated with United States Government.
(USGovernment-News.Com, February 21, 2019 ) One of the major reason for high adoption of automotive bushing technologies is, rise in the volume of production of passenger cars globally. The trend of urbanization is growing at an exponential growth rate. Due to this, the average disposal income of the population staying in urban cities is also increasing, allowing them to enhance their lifestyles. The number of passenger cars operated worldwide is therefore bolstering, further creating a demand for production of passenger cars to cater to the ever increasing demands. The production of vehicles has witnessed a steady growth in the post-recession era since the year 2010. There was a steady rise in the demand for new passenger cars post-recession in the advanced as well as developing economies of the world. Also, lowered interest rates on loans favored the much needed growth of the automobile industry. Over the last 7 or 8 years, the passenger car production has consistently witnessed a growth close to 2% year-on-year.
1. BOGE Rubbers & Plastics 2. Continental AG 3. Cooper-Standard Holdings Inc. 4. Federal-Mogul LLC 5. Hyundai Polytech India 6. Nolathane 7. Paulstra SNC 8. SumiRiko AVS Germany GmbH 9. Tenneco Inc. 10. Vibracoustic GmbH
This report contains:
Market sizing for the global Automotive Bushing Technologies Market. Compare major Automotive Bushing Technologies providers strategies and approaches to the challenges they face Analysis of the effects deglobalisation trends may have for Automotive Bushing Technologies providers Profiles of major Automotive Bushing Technologies providers 5-year CAGR forecasts for Automotive Bushing Technologies -intensive vertical sectors
The Automotive Bushing Technologies Market segmentation is done on the basis of type, suspension type and vehicle type. The type segment of automotive bushing technologies market includes damper bushings, bump stops, top mounts, suspension arm bushings and PT Mounts. The PT Mounts bushing are further sub-divided into three categories namely engine, roll-rod and transmission. Various types of suspension systems are used in different passenger cars depending upon different parameters such as space occupied, cost and comfort. The different suspension systems included in the study include McPherson, double wishbone, multi-link suspension and Coupled Torsion Beam Axle (CTBA). The different types of vehicles profiled in the report are A/B Class, C Class, D Class, E Class, F Class, SUV (A,B,C,D), and MPV & PT. On the basis of geography, the Automotive Bushing Technologies market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
In the era of cut-throat competition, the ability of a premium car manufacturers to build an appealing and intuitive interior inside a car could realize the difference between the success and failure of the brand in a particular market. Audi, BMW, General Motors, Mercedes-Benz, Jaguar-Land Rover are some of the automakers that have some of the most differentiated car interiors in their models. These luxury carmakers already have an established market in the developed countries. In terms of exploring new geographic locations, these automakers have witnessed surge in the sales of their premium cars segment in emerging markets such as India and China. The surge in the sales of premium and luxury cars provides automotive bushing suppliers with new opportunities and drive the market for bushing products.
Major percentage of the automotive bushings are sold and distributed directly to the automotive OEMs and a small share of the bushings market remains for the after-market sales. Generally, a single passenger car consists of a dozen or a little more number of bushings integrated into it. Hence, the increasing production of passenger cars is bound to drive the market for automotive bushings. The market for automotive bushing technologies is moderately fragmented market with the top ten companies accounting for approximately 50% of the market share. The automotive bushing technologies market is anticipated to grow at a CAGR of 3.6% between 2018 and 2025.
The availability of polyurethane bushing that is much easier to install and also lasts for a longer time as compared to rubber bushings has posed obstacles for the growth of rubber bushing products. A polyurethane bushing is extremely easy to remove and install and can be done by the car owner himself without the need to visit a car mechanic. Also, the lifespan of a polyurethane bushing is more as compared to rubber. The only task required for the proper maintenance of a polyurethane bushing is the need to grease it after 4-5 years which is further a relatively simpler task. These factors pose challenges to the popularity of the rubber bushings market.
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:
