The Business Research Company’s report on the Automotive Bushing Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the automotive bushing market further?
Growing vehicle production is expected to propel the growth of the automotive bushing market going forward. A vehicle is a machine with an engine and wheels that transports people or cargo. Due to rapid urbanization and the expansion of global auto manufacturers, vehicle production has been on the rise in recent years. Since the bushings are used in all vehicles, increased vehicle production simply results in increased demand for the automotive bushings. For instance, in May 2023, according to the Driving Mobility Association, a Europe-based manufacturers’ group, global motor vehicle production reached 85.4 million units in 2022, marking a 5.7% increase from 2021. Therefore, growing vehicle production is driving the growth of the automotive bushing market.
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What are the key factors influencing the forecasted market size of the automotive bushing industry?
The automotive bushing market size has grown strongly in recent years. It will grow from $161.4 billion in 2024 to $169.7 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to vehicle production growth, regulatory compliance, consumer comfort and ride quality, globalization of automotive supply chains, government incentives.
The automotive bushing market size is expected to see strong growth in the next few years. It will grow to $219.46 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to electrification of vehicles, lightweighting initiatives, autonomous vehicles, stricter emissions standards, advanced manufacturing techniques. Major trends in the forecast period include active suspension systems, sustainable materials, sealed and maintenance-free designs, customization for performance vehicles, integration of smart technologies.
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Who are the leading competitors in the automotive bushing market?
Major companies operating in the automotive bushing market include Continental AG, ZF Friedrichshafen AG, MAHLE GmbH, Sumitomo Riko Company Limited, DuPont de Nemours Inc., BOGE Elastmetall GmbH, Vibracoustic GmbH, Federal-Mogul LLC, Paulstra SNC, Oiles Corporation, Nolathane Pty Ltd., Keats Manufacturing Co., Dayton Lamina Corporation, Jotex Rubber Industrial Co. Ltd., JRB Engineering Pvt. Ltd., Tenneco Inc., Delphi Technologies plc, BorgWarner Inc., Trelleborg AB, Dana Incorporated, Hutchinson SA, Freudenberg Co., Cooper-Standard Holdings Inc., Chassis Technology Products Inc., Haldex AB, MANN+HUMMEL Group, Tachi-S Co. Ltd., Hyspan Precision Products Inc., General Motors Company, BMW AG, Toyota Motor Corporation
Which emerging trends are set to transform the automotive bushing market landscape?
Major companies operating in the automotive bushings market are focusing on developing advanced solutions, such as intelligent cable connection bushing, to enhance the efficiency and safety of medium voltage distribution systems. A cable connection bushing refers to a protective device that helps safely pass electrical cables through a barrier, like a wall or a box, while keeping the cable insulated and preventing it from touching other parts. For instance, in April 2023, Siemens AG, a Germany-based automation company, launched SIBushing, SICAM FCM Plus, and SIPROTEC 7SY82 to support environmentally friendly practices in energy management. It offers unique features such as high-precision measurement capabilities, advanced fault detection algorithms for improved transparency in medium voltage distribution systems, and multifunctional protection with Low Power Instrument Transformer (LPIT) inputs.
How do different geographies compare in terms of market share and growth potential in the automotive bushing market?
North America was the largest region in the automotive bushing market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive bushing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Which major segments of the automotive bushing market are experiencing the fastest growth?
The automotive bushing market covered in this report is segmented –
1) By Product Type: Damper Top Mounts, Suspension Arm Bushings, Subframe Bushings, Hydro Bushings, Engine Mounts, Suspension Mounts
2) By Vehicle Type: Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
3) By Application: Engine, Suspension, Chassis, Interior, Exhaust, Transmission
4) By Distribution Channel: Original Equipment Manufacturer, After market
Subsegments:
1) By Damper Top Mounts: Rubber Damper Top Mounts, Polyurethane Damper Top Mounts
2) By Suspension Arm Bushings: Control Arm Bushings, Trailing Arm Bushings, Radius Arm Bushings
3) By Subframe Bushings: Front Subframe Bushings, Rear Subframe Bushings
4) By Hydro Bushings: Fluid-filled Hydro Bushings, Non-fluid Hydro Bushings,
5) By Engine Mounts: Hydraulic Engine Mounts, Solid Engine Mounts, Torque Axis Mounts
6) By Suspension Mounts: Strut Mounts, Shock Absorber Mounts, Leaf Spring Mounts
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How is the automotive bushing market defined, and what are its core characteristics?
Automotive bushings are cushions made from rubber, polyurethane, or other materials. They are mounted on the joints of cars or other moving components. The automotive bushing market consists of sales of automotive bushings are useful in absorbing road bumps, controlling the number of movements in the joints, and reducing noise and vibration.
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