Automotive Bushing Market Introduction and Overview
According to SPER Market Research, the Global Automotive Bushing Market is estimated to reach USD 250.71 billion by 2033 with a CAGR of 5.33%.
The report includes an in-depth analysis of the Global Automotive Bushing Market, including market size and trends, product mix, applications, and supplier analysis. Automotive manufacturers are adding innovative suspension systems as the emphasis on comfort and safety in vehicles grows. Automotive bushings are critical in improving ride comfort, lowering noise, vibration, and harshness (NVH), and increasing overall vehicle stability. Consumer demand for smoother, quieter rides adds to the expanding use of vehicle bushings. Automotive bushing market expansion is being driven by continuous advancements in automotive bushing materials, manufacturing techniques, and designs. The bushing reduces the transmission of shock and vibration between vehicle components.
- January 2023: Rivian Automotive chose Tenneco to provide adaptive suspension and anti-vibration performance materials for its first two electric cars, the R1T five-passenger pickup and R1S seven-passenger SUV. Tenneco supplied these vehicles with CVSA2/Kinetic H2 semi-active suspension technology and Clevite NVH performance elastomers.
- April 2023: Vibracoustic increased its manufacturing capacity to meet new customer projects. Significant investments were made in new production lines and equipment at the company's manufacturing plants in Europe, the United States, and Mexico.
Market Opportunities and Challenges
The global emphasis on lightweight automobiles is projected to shift demand for lightweight bushing. The growing need for lightweight passenger and commercial cars has compelled automakers to employ lightweight raw materials. Automobile manufacturers are emphasising rubber and polyurethane material for bushings, which helps to reduce vehicle overall weight. Lightweight bushings assist vehicles in reducing excessive vibrations and noise, extending the life of the engine and linked sensor components, and protecting the gearbox and important elements.
The growing emphasis on improving vehicle comfort, safety, and ride quality is projected to propel market expansion. Furthermore, strict government rules and the availability of several vendors supplying luxury vehicles enable OEMs to deliver vehicles of higher quality. The increasing demand for luxury vehicles raises the demand for high-quality automotive bushings to improve vehicle suspension on the road. Automotive bushings are not standardised because each vehicle has a unique bushing based on its specifications and features. Various bushings are available on the market; however, they lack defined criteria because they are related with different elements of cars. The lack of bushing standardisation raises the cost of manufacture for OEMs. The introduction of new model automobiles allows market participants to spend in design. The predicted increase in the overall operational cost of manufacturing bushing of various specifications may stymie market growth.
Market Competitive Landscape
Many big and creative significant players provide automotive bushing in the competitive scene. The market's main players place an emphasis on producing new bushings to meet the continually changing automotive industry demand. The major players in the Global Automotive Bushing Market include: Bodge Rubber & Plastics, Continental AG, Cooper Standard, DuPont, Hall Star, Hutchinson Paulstra, Hyundai Polytech India, Mahle GmbH, Mark Lines Co., Ltd., Oiles Corporation, Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Application, By Vehicle Type, By Product Type, By Distribution Channel, By Electric Vehicle Type.
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Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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Companies Covered | Bodge Rubber & Plastics, Continental AG, Cooper Standard, DuPont, Hall Star, Hutchinson Paulstra, Hyundai Polytech India, Mahle GmbH, Mark Lines Co., Ltd., Oiles Corporation, Others.
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COVID-19 Impact on Global 5G IoT Market
The COVID-19 pandemic had a significant impact on vehicle production activities around the world, as several manufacturers were forced to suspend production owing to pandemic regulations. According to the International Organisation of Motor Vehicle Manufacturers (OICA), vehicle output in 2020 will be 15.7% lower than in 2019. The reduction in car production in 2020 led in a decrease in demand for many automotive components, including bushing. The lack of semiconductor chips caused by supply chain disruption has resulted in lower automobile production around the world.
Key Target Audience:
- Manufacturers of automotive bushings
- Automotive OEMs
- Electric vehicle manufacturers
- Industry associations and experts
- Traders, distributors, and suppliers of automotive bushings
Our in-depth analysis of the Automotive Bushing Market includes the following segments:
By Application: |
Chassis
Engine
Exhaust
Interior
Suspension
Transmission
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By Vehicle Type: |
Heavy commercial vehicle (HCV)
Light commercial vehicle (LCV)
Passenger car (PC)
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By Product Type: |
5 Damper Top Mounts
Engine Mounts
Hydro Bushings
Subframe Bushings
Suspension Arm Bushings
Suspension Mounts
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By Distribution Channel: |
Aftermarket
Original Equipment Manufacturers (OEMs)
By Electric Vehicle Type
Battery electric vehicle (BEV)
Hybrid electric vehicle (HEV)
Plug-in-hybrid electric vehicle (PHEV)
|
Key Topics Covered in the Report:
- Global Automotive Bushing Market Size (FY’2023-FY’2033)
- Overview of Global Automotive Bushing Market
- Segmentation of Global Automotive Bushing Market By Application (Chassis, Engine, Exhaust, Interior, Suspension, Transmission)
- Segmentation of Global Automotive Bushing Market By Vehicle Type (Heavy commercial vehicle, Light commercial vehicle, Passenger car)
- Segmentation of Global Automotive Bushing Market By Product Type (Damper Top Mounts, Engine Mounts, Hydro Bushings, Subframe Bushings, Suspension Arm Bushings, Suspension Mounts)
- Segmentation of Global Automotive Bushing Market By Distribution Channel (Aftermarket, Original Equipment Manufacturers)
- Segmentation of Global Automotive Bushing Market By Electric Vehicle Type (Battery electric vehicle, Hybrid electric vehicle, Plug-in-hybrid electric vehicle)
- Statistical Snap of Global Automotive Bushing Market
- Expansion Analysis of Global Automotive Bushing Market
- Problems and Obstacles in Global Automotive Bushing Market
- Competitive Landscape in the Global Automotive Bushing Market
- Impact of COVID-19 and Demonetization on Global Automotive Bushing Market
- Details on Current Investment in Global Automotive Bushing Market
- Competitive Analysis of Global Automotive Bushing Market
- Prominent Players in the Global Automotive Bushing Market
- SWOT Analysis of Global Automotive Bushing Market
- Global Automotive Bushing Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Automotive Bushing Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Automotive Bushing Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Bushing Market
7. Global Automotive Bushing Market, By Application (USD Million)
7.1. Global Automotive Bushing Market Value Share and Forecast, By Application, 2023-2033
7.2. Chassis
7.3. Engine
7.4. Exhaust
7.5. Interior
7.6. Suspension
7.7. Transmission
8. Global Automotive Bushing Market, By Vehicle Type (USD Million)
8.1. Global Automotive Bushing Market Value Share and Forecast, By Vehicle Type, 2023-2033
8.2. Heavy commercial vehicle (HCV)
8.3. Light commercial vehicle (LCV)
8.4. Passenger car (PC)
9. Global Automotive Bushing Market, By Product Type (USD Million)
9.1. Global Automotive Bushing Market Value Share and Forecast, By Product Type, 2023-2033
9.2. 5 Damper Top Mounts
9.3. Engine Mounts
9.4. Hydro Bushings
9.5. Subframe Bushings
9.6. Suspension Arm Bushings
9.7. Suspension Mounts
10. Global Automotive Bushing Market, By Distribution Channel (USD Million)
10.1. Global Automotive Bushing Market Value Share and Forecast, By Distribution Channel, 2023-2033
10.2. Aftermarket
10.3. Original Equipment Manufacturers (OEMs)
11. Global Automotive Bushing Market, By Electric Vehicle Type (USD Million)
11.1. Global Automotive Bushing Market Value Share and Forecast, By Electric Vehicle Type, 2023-2033
11.2. Battery electric vehicle (BEV)
11.3. Hybrid electric vehicle (HEV)
11.4. Plug-in-hybrid electric vehicle (PHEV)
12. Global Automotive Bushing Market Forecast, 2019-2033 (USD Million)
12.1. Global Automotive Bushing Market Size and Market Share
13. Global Automotive Bushing Market, By Application 2019-2033 (USD Million)
13.1. Global Automotive Bushing Market Size and Market Share By Application (2019-2026)
13.2. Global Automotive Bushing Market Size and Market Share By Application (2027-2033)
14. Global Automotive Bushing Market, By Vehicle Type, 2019-2033 (USD Million)
14.1. Global Automotive Bushing Market Size and Market Share By Vehicle Type (2019-2026)
14.2. Global Automotive Bushing Market Size and Market Share By Vehicle Type (2027-2033)
15. Global Automotive Bushing Market, By Product Type, 2019-2033 (USD Million)
15.1. Global Automotive Bushing Market Size and Market Share By Product Type (2019-2026)
15.2. Global Automotive Bushing Market Size and Market Share By Product Type (2027-2033)
16. Global Automotive Bushing Market, By Distribution Channel, 2019-2033 (USD Million)
16.1. Global Automotive Bushing Market Size and Market Share By Distribution Channel (2019-2026)
16.2. Global Automotive Bushing Market Size and Market Share By Distribution Channel (2027-2033)
17. Global Automotive Bushing Market, By Electric Vehicle Type, 2019-2033 (USD Million)
17.1. Global Automotive Bushing Market Size and Market Share By Electric Vehicle Type (2019-2026)
17.2. Global Automotive Bushing Market Size and Market Share By Electric Vehicle Type (2027-2033)
18. Global Automotive Bushing Market, By Region, 2019-2033 (USD Million)
18.1. Global Automotive Bushing Market Size and Market Share By Region (2019-2026)
18.2. Global Automotive Bushing Market Size and Market Share By Region (2027-2033)
18.3. Asia-Pacific
18.3.1. Australia
18.3.2. China
18.3.3. India
18.3.4. Japan
18.3.5. South Korea
18.3.6. Rest of Asia-Pacific
18.4. Europe
18.4.1. France
18.4.2. Germany
18.4.3. Italy
18.4.4. Spain
18.4.5. United Kingdom
18.4.6. Rest of Europe
18.5. Middle East and Africa
18.5.1. Kingdom of Saudi Arabia
18.5.2. United Arab Emirates
18.5.3. Rest of Middle East & Africa
18.6. North America
18.6.1. Canada
18.6.2. Mexico
18.6.3. United States
18.7. Latin America
18.7.1. Argentina
18.7.2. Brazil
18.7.3. Rest of Latin America
19. Company Profile
19.1. Bodge Rubber & Plastics
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. Continental AG
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. Cooper Standard
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. DuPont
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. Hall Star
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. Hutchinson Paulstra
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. Hyundai Polytech India
19.7.1. Company details
19.7.2. Financial outlook
19.7.3. Product summary
19.7.4. Recent developments
19.8. Mahle GmbH
19.8.1. Company details
19.8.2. Financial outlook
19.8.3. Product summary
19.8.4. Recent developments
19.9. Mark Lines Co., Ltd.,
19.9.1. Company details
19.9.2. Financial outlook
19.9.3. Product summary
19.9.4. Recent developments
19.10. Oiles Corporation
19.10.1. Company details
19.10.2. Financial outlook
19.10.3. Product summary
19.10.4. Recent developments
19.11. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope