The
"Automotive Bushing Technologies Market to 2025 by Type (Damper Bushings,
Bump stops, Top Mounts, Suspension Arm Bushings, Subframe Bushings and PT
Mounts); Suspension Type (McPherson, Double Wishbone, Multilink and CTBA); and
Vehicle Segment (A/B, C, D, E, F and SUV (A, B, C, and D), and MPV &
PT) - Global Analysis and Forecast"
Automotive Bushing Technologies Market to 2025 - Global Analysis and Forecast
by Type, Suspension Type and Vehicle Type. Automotive Bushing Technologies
market is expected to grow to US$ 9.95 billion by 2025 from US$ 7.56 billion in
2017. It is believed that there are more than a billion cars are on road
worldwide. Also, people have been keen on keeping cars for longer times with
them than ever before and therefore, the expenditures on the aesthetics and
design of cars is expected to be more than ever before. Previously, automotive
bushings were considered to be the most overlooked suspension components in the
passenger cars. However, with gaining importance for fuel efficiencies while
driving and surging demands for smoother rides have translated into healthy
growth for bushing products in the passenger cars. Bushings being used as
products that are used to isolate the vibrations and noises and reduce the
energy being transmitted to the vehicle occupants by damping them have gained
significant importance in the modern times.
The car manufacturers today are concerned with meeting the Noise Vibration
Harshness (NVH) standards as every moving part of the vehicle produces some
sort of noise. Therefore, a vehicle comes with a number of bushings fitted at
places which are sources of nose generations while on the move.
Majority of these bushings are fitted near or around the suspension systems of
the vehicle. Depending upon various parameters different types of bushings are
sold in the market. The critical parameters for identifying the appropriate
bushing include cost of the bushing, durability & lifespan of the bushing,
feel performance to the vehicle occupant on the road, performance of the
bushing, NVH rating and installation & maintenance complexities.
Currently, the automotive bushing technologies market is experiencing a steady
growth that is attributed to numerous factors. The most significant factors
that have impacted the growth of this industry are more disposable incomes with
consumers and consequently more number of passenger cars on the roads; poor
condition of roads in the developing and the under developed economies and the
parallel advancements made in the consumer products industry. Over the years
the automobile industry has experienced occasional highs and lows as a result
of the changes in economy, weather conditions and the interest from new
investors. The consumer spending on automotive components and other allied accessories
has changed drastically that present large opportunities to the businesses
today. McPherson and Coupled Torsion Beam Axle (CTBA) suspension systems occupy
lesser horizontal and vertical spaces and are therefore used by the car
manufacturers to reduce the overall cost of the cars. These types of suspension
systems are typically used in the lower segment and entry level cars such as
Class A and Class B. Also, double wishbone and multi-link suspension systems
occupy more engine spaces and are expensive systems as compared to the other
two. These two suspension systems however offer the best stability and dynamic
response to a car while it is moving and are therefore used in premium and
luxury cars.
The growth of this technology is very high as more and more countries are
increasing investing to implement in this technology for sustainability and
easier car maintenance factors. In the forecasted period, the automotive
bushing technologies market is estimated to grow at a good pace. Some of the
key players contributing significantly to the market are Vibracoustic GmbH,
BOGE GmbH, Continental AG, Tenneco, Inc., and Federal Mogul LLC.
The report segments the global automotive bushing technologies market as
follows:
Global Automotive Bushing Technologies Market - By Type
Damper Bushings
Bumpstops
Top Mounts
Suspension Arm Bushings
PT Mounts
Engine
Roll Rod
Transmission
Global Automotive Bushing Technologies Market - By Suspension Type
McPherson
Double Wishbone
Multilink
Coupled Torsion Beam Axle (CTBA)
Global Automotive Bushing Technologies Market - By Vehicle Type
A/B Class
C Class
D Class
E Class
F Class
SUV (A,B,C,D)
MPV & PT
Global Automotive Bushing Technologies Market - By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K
Rest of Europe
Asia Pacific (APAC)
Japan
China
India
Australia
Middle East & Africa (MEA)
Iran
South Africa
Rest of MEA
South America (SAM)
Brazil