Press release
Automotive Connecting Rod Market Insights 2020: Wossner Pistons, Pauter Machine, Cummins Inc, Tianrun Crankshaft Co
Automotive Connecting Rod Market
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An increase in demand for lightweight and highly durable connecting rods is expected during the forecast period to drive the growth of the automotive connecting rod market. This has resulted in some of the key developments that companies operating on the market have in consolidating their market positions and looking for further opportunities for niches.
What is an automotive connecting rod market?
An inflexible part of the engine is the automotive connecting rod, which connects a piston to a wrench or crankshaft in a response engine. It frames a straight part together with the wrench, which converts the reciprocating motion into the rotating motion. Automotive connecting rods have to pass quality controls before they are supplied to customers.
The use of advanced materials, such as forged steel fracture-split, increases the life of the connecting rods. The automobile link rod has the purpose of providing fluid motion between the pistons and the crankshaft.
The main engine component which affects the weight of the crank train is an automotive connecting rod. Hence, efforts are made to reduce their weight and improve an engine's mechanical efficiency. Connecting rods in automobiles do not require regular replacements. Hence, they help to reduce the overall automotive maintenance costs.
With the increasing demand for automobiles, the automotive connecting rod market is growing. In addition, the increase in demand for sports cars increases the use of carbon fiber-connecting rods to make cars lighter and stronger. The increasing use of advanced coating and demand for internal combustion engines is also fuelling the demand for the automotive connecting rod market.
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Key Factors Impacting Market Growth:
o Increasing demand for automobiles
o Use of carbon fiber connecting rods in sports cars
o Increase in demand for lightweight and highly durable connecting rods
o Need for engine downsizing
Regional segmentation and analysis to understand growth patterns:
The market has been segmented in major regions to understand the global development and demand patterns of this market.
By region, North America, Western Europe, and the Asia Pacific dominate the automotive connecting rod market. In these regions, the automotive sectors have been competitive across the terms of technological advances and product shifts.
Some of these factors are expected to affect the dynamics of the North American and Western European automotive connecting rod market. The US, Germany, France, Italy, UK, and Spain were some of the major economies of the automotive connecting rod market.
With the growth of the automotive sector the Middle East region promises a strong market potential. The Asia Pacific is estimated to be the fastest-growing region for the automotive connecting rod market. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region.
This report provides:
1) An overview of the global market for automotive connecting rod market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for the global automotive connecting rod market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in the industry.
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The researchers have studied the market in-depth and have developed important segments such as product type, application, and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects, and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.
With an emphasis on both organic and inorganic growth strategies, there have been several primary developments done by major companies like Wossner Pistons, Wiseco Piston Company Inc., Nangong Jingqiang Connecting Rod Co., Ltd., Pauter Machine, Albon Engineering & Manufacturing Plc, Tianrun Crankshaft Co., Ltd., JD Norman Industries, Inc., CP-Carrillo, Power Industries, Arrow Precision Engineering, Ltd., Mahle GmbH, Magal Engineering Ltd., Robson Engineering, Yasunaga Corporation, Cummins, Inc., and Linamar Corporation.
Market Segmentation:
By Material:
Steel
Aluminum
Others
By Process Type:
Forged
Cast Rods
Powder Metals
By Vehicle Type:
Passenger Cars
Commercial Vehicles
By Region:
North America
By Country (US, Canada, Mexico)
By Material
By Process Type
By Vehicle Type
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Material
By Process Type
By Vehicle Type
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Material
By Process Type
By Vehicle Type
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Material
By Process Type
By Vehicle Type
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Material
By Process Type
By Vehicle Type
Rest of the World
By Region (South America, Africa)
By Material
By Process Type
By Vehicle Type
Reasons to Buy This Report:
Market size estimation of the global automotive connecting rod market on a regional and global basis
The unique research design for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market
Customization:
We provide customization of the study to meet specific requirements:
By Segment
By Sub-segment
By Region/Country
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +1 208 405 2835 / +44 121 364 6144 / +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
ABOUT US:
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