Automotive Bushing Market Expansion 2024-2033: Growth Drivers and Dynamics

The automotive bushing global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Automotive Bushing Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
The automotive bushing market size has grown strongly in recent years. It will grow from $154.83 billion in 2023 to $163.74 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. 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 $207.07 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. 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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Scope Of Automotive Bushing Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers –
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, according to the European Automobile Manufacturers’ Association (ACEA), a Belgium-based group in the automobile industry, in 2021, 79.1 million motor vehicles were produced globally, a 1.3% increase from 2020. Therefore, growing vehicle production is driving the growth of the automotive bushing market.

Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.

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, Aftermarket

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Regional Insights –
North America was the largest region in the automotive bushing market in 2023. 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

Key Companies –
Major companies operating in the automotive bushing market report are 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

Table of Contents

1. Executive Summary
2. Automotive Bushing Market Report Structure
3. Automotive Bushing Market Trends And Strategies
4. Automotive Bushing Market – Macro Economic Scenario
5. Global Automotive Bushing Market Size and Growth
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31. Global Automotive Bushing Market Competitive Benchmarking
32. Global Automotive Bushing Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Automotive Bushing Market
34. Automotive Bushing Market Future Outlook and Potential Analysis
35. Appendix

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