Automotive Bushing Technologies Market 2018 Global Industry Size, Trends, Share, And Regional Forecast To 2023

Automotive Bushing Technologies Market Report Segments Global Automotive Bushing Technologies Market by Type (Damper Bushings, Bump stops, Top Mounts, Suspension Arm Bushings, Subframe Bushings, PT Mounts), Material, Sales, Application (PV, LCV, HCV) and Region - Forecast till 2023.

Automotive Bushing Technologies Key Companies Studied In This Report:

ederal-Mogul LLC (U.S.), Continental AG (Germany), BOGE Rubbers & Plastics (Damme), and Cooper-Standard Holdings Inc. (U.S.). Hyundai Polytech (India), and Nolathane (U.S.). Paulstra SNC (France), SumiRiko AVS Germany GmbH (Germany), Tenneco Inc. (U.S.), and Vibracoustic GmbH.

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Automotive Bushing Technologies Market Highlights:

The automotive bushing are commonly made from rubber, either from rubber or polyurethane. They are mostly used in suspension application, which provide comfort ride by preventing bumps in the vehicle. Automotive bushings are used to separate two metal pieces to carry on the movement. The major advantage of automotive bushing is that they need less or no lubrication as well as they transmit less noise and vibrations.

In terms of region, the global market for the automotive bushing technologies is segmented into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to hold a significant market revenue share during the forecast period. Increase in the production of vehicles and growth of luxury vehicles will drive the growth of the market throughout the forecast period. Asia Pacific will register the highest CAGR during the forecast period, owing to the increase in sales of electric vehicles, better infrastructure, and increased production of vehicle components. Furthermore, China is leading the market in terms of revenue due to the vehicle sales followed by Japan, India, and Korea. In Asia Pacific, low labor wages and low production cost influence the manufacturers for the production of the automobile components. In Europe, new government regulations and increased awareness towards vehicle safety technologies will drive the market and create further opportunities for new entrants. Vehicle driving comfort will be the major concern in all regions and the vehicle standards regarding comfort will create further opportunities in the market.

Growing concern about vehicle driving comfort, demand for a smooth ride and increase in the sales for luxury vehicles will drive the growth of the market in terms of both value and volume. The increase in the demand for high-performance vehicles and increase in the sales of anti-vibration components will create opportunities for new entrants and further boost the revenue of the automotive bushing technologies. Growing automotive components industry in terms of demand will create further demand for automotive bushing technologies. However, continuous fluctuation in the price of the raw materials will hamper the growth of the automotive bushing technologies market.

The report for Global Automotive Bushing Technologies Market of Market Research Future covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance.

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