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Automotive Bushing Market

Automotive Bushing Market Size, Share and Segmentation by Application (Engine, Suspension, Chassis, Interior, Exhaust, Transmission), by Vehicle Type (Passenger car (PC), Light commercial vehicle (LCV), Heavy commercial vehicle (HCV)), by Electric Vehicle Type (Battery electric vehicle (BEV), Hybrid electric vehicle (HEV), Plug-in-hybrid electric vehicle (PHEV)), by Regions and Global Market Forecast 2023-2030

Report Id: SNS/AUTO/2258 | July 2022 | Region: Global | 130 Pages

Report Scope & Overview:

Automotive Bushing Market Size was valued at USD 156.2 billion in 2022, and expected to reach USD 217.40 billion by 2030, and grow at a CAGR of 4.2 % over the forecast period 2023-2030.

Automotive bushing in a car act as a shock absorber and can provide smooth interference, very little vibration, and control the noise made by moving parts. Most of the time, elastic or polyurethane is used to make bushings for cars. Most of the time, it is used in suspension, which makes the ride more comfortable for passengers by reducing bumps. One of the best things about automotive bushing is that it needs less or no grease and transfers less noise and vibration. Modern noise, harshness, and vibration standards make it necessary to use automotive bushing to cut down on noise and vibration. So, over the next few years, the market is likely to be driven by the growing demand for comfort and luxury.

Automotive Bushing Market Revenue Graph

In most cases, rubber or polyurethane is used to make vehicle bushings. To provide a smooth ride and prevent jolts, they are mostly used as shock absorbers in suspension systems. Two metal parts are isolated using automotive bushings, which are commonly seen in vehicles. Because automobile bushings require less or no grease and also transfer less disturbance or vibrations, they have a considerable advantage over other types of bushings. The market will expand in terms of volume and value as people's concerns about vehicle driving comfort, their desire for a smooth ride, and their willingness to pay more for luxury automobiles grow.

Market Dynamics:

Drivers:

  • The growth of the auto parts industry is going up.

  • A growing number of people are worried about the comfort of their vehicles' rides.

  • An increase in luxury vehicle purchases are projected to fuel the market's growth in the near future.

Restraints:

  • High competition in the market for automotive bushing advances in the automotive part sector.

  • Concerns about safety and vibrations have grown.

Opportunity:

  • Innovative polyurethane automobile bushings that give a high level of comfort.

  • Customers' awareness of safety and luxury has led them to buy expensive cars, which will fuel the industry.

Challenge:

  • Fluctuating raw material prices and availability will be the market's biggest hurdles.

  • Concerns about safety and vibrations have grown.

Impact of Covid-19:

As factories around the world have shut down, the market has been hit hard by a drop in sales and a drop in demand. Since the pandemic, the most productive countries in the world have made a list of which ones lost the most production. Also, economic trade has had a huge effect on companies that make things.

The auto industry and other industries like steel, chemicals, textiles, etc. are very important to the world economy. But since they have to close because of the pandemic, it has had a huge effect on the car business. After the lockdown, production may start right away, but the rise in demand is likely to take a while to come back. Companies are expected to lose money because of this.

Key Players:

Oiles Corporation, ZF Group, DuPont, Federal-Mogul LLC, BOGE Rubber & Plastics, Sumitomo Riko Company Limited, Paulstra SN, Vibracoustic GmbH, Continental AG, Mahle GmbH are the major key player in the Automotive Bushing Market.

Market Segmentation:

By Application

  • Engine

  • Suspension

  • Chassis

  • Interior

  • Exhaust

  • Transmission

By Vehicle Type

  • Passenger car (PC)

  • Light commercial vehicle (LCV)

  • Heavy commercial vehicle (HCV)

By Electric Vehicle Type

  • Battery electric vehicle (BEV)

  • Hybrid electric vehicle (HEV)

  • Plug-in-hybrid electric vehicle (PHEV)

Automotive Bushing Market Segment Chart

Regional Analysis:

The global automotive bushing technologies market is split into four major regions: North America, Europe, Asia Pacific, and the rest of the world. During the forecast period, Asia-Pacific is expected to have the largest share of the market, followed by Europe. During the forecast period, the market for automotive bushing technologies will grow because more cars will be sold and because China and India have a lot of people. The market will grow even more as people worry more about safety and vibrations in vehicles. North America and Europe will have more growth because their governments have strict rules about how safe cars should be.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Automotive Bushing Market Report Scopw:
Report Attributes Details
Market Size in 2022 US$ 156.2 Billion
Market Size by 2030 US$ 217.40 Billion
CAGR CAGR of 4.2% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Application (Engine, Suspension, Chassis, Interior, Exhaust, Transmission)
• by Vehicle Type (Passenger car (PC), Light commercial vehicle (LCV), Heavy commercial vehicle (HCV))
• by Electric Vehicle Type (Battery electric vehicle (BEV), Hybrid electric vehicle (HEV), Plug-in-hybrid electric vehicle (PHEV))
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Oiles Corporation, ZF Group, DuPont, Federal-Mogul LLC, BOGE Rubber & Plastics, Sumitomo Riko Company Limited, Paulstra SN, Vibracoustic GmbH, Continental AG, Mahle GmbH 
Key Drivers •The growth of the auto parts industry is going up.

•A growing number of people are worried about the comfort of their vehicles' rides.
RESTRAINTS •High competition in the market for automotive bushing advances in the automotive part sector.

•Concerns about safety and vibrations have grown.


Frequently Asked Questions (FAQ) :


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Automotive Bushing Market Segment, By Application

8.1 Engine

8.2 Suspension

8.3 Chassis

8.4 Interior

8.5 Exhaust

8.6 Transmission

 

9. Automotive Bushing Market Segment, By Vehicle Type

9.1 Passenger car (PC)

9.2 Light commercial vehicle (LCV)

9.3 Heavy commercial vehicle (HCV)

 

10. Automotive Bushing Market Segment, By Electric Vehicle Type

10.1 Battery electric vehicle (BEV)

10.2 Hybrid electric vehicle (HEV)

10.3 Plug-in-hybrid electric vehicle (PHEV)

 

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2  Canada

11.2.3  Mexico

11.3 Europe

11.3.1  Germany

11.3.2  UK

11.3.3  France

11.3.4  Italy

11.3.5  Spain

11.3.6  The Netherlands

11.3.7  Rest of Europe

11.4 Asia-Pacific

11.4.1  Japan

11.4.2  South Korea

11.4.3  China

11.4.4  India

11.4.5  Australia

11.4.6  Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1  Israel

11.5.2  UAE

11.5.3  South Africa

11.5.4  Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

 

12. Company Profile

12.1 Oiles Corporation

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 ZF Group

12.3 DuPont

12.4 Federal-Mogul LLC

12.5 BOGE Rubber & Plastics

12.6 Sumitomo Riko Company Limited

12.7 Paulstra SNC

12.8 Vibracoustic GmbH

12.9 Continental AG

12.10 Mahle GmbH

 

13. Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

 

14. Conclusion

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Secondary Research

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