Press release
Automotive Engine Connecting Rods Market is estimated to reach USD 68.33 million by 2030 : Cognitive Market Research
Automotive Engine Connecting Rods Market is estimated to reach USD 68.33 million by 2030 : Cognitive Market Research
What are automotive engine connecting rods?
- Automotive engine connecting rods are components of an internal combustion engine that connect the piston to the crankshaft. They are responsible for transferring the up-and-down motion of the piston to the rotational motion of the crankshaft, which powers the vehicle.
Connecting rods are typically made of steel or aluminum, and are designed to withstand high stress and temperature conditions. They come in different shapes and sizes, depending on the engine design and application.
Summary:
• The Automotive Engine Connecting Rods Market is expected to grow from USD 49.15 million in 2022 to USD 68.33 million by 2030, at a CAGR of 4.0%.
"To know more about The Automotive Engine Connecting Rods Market statistics click here: https://www.cognitivemarketresearch.com/automotive-engine-connecting-rods-market-report
Market Dynamics:
• Rising demand for high-performance and fuel-efficient engine boost the demand for automotive engine connecting rods
One driver of the global automotive engine connecting rods market is the increasing demand for high-performance and fuel-efficient engines in the automotive industry. As consumers continue to demand better fuel efficiency, automakers are focused on developing engines that can deliver more power while consuming less fuel. This has led to the development of advanced engine designs that require more durable and lightweight connecting rods to handle the increased stress and load.
• Increasing demand for EVs and Hybrid automobiles acts as restraints of the automotive engine connecting rods market
One restraint of the global automotive engine connecting rods market is the increasing adoption of electric vehicles (EVs) and hybrid vehicles. These vehicles use electric motors instead of internal combustion engines, which means that they do not require the same level of engine components, including connecting rods, as traditional vehicles.
As a result, the demand for automotive engine connecting rods is expected to decrease over time as the market share of EVs and hybrid vehicles grows. This trend is expected to be most pronounced in developed markets, where environmental regulations are driving the shift toward cleaner and more sustainable transportation.
• The rising adoption of lightweight and durable materials will drive the automotive engine connecting rods market growth
The global automotive engine connecting rods market is influenced by increasing demand for lightweight and durable materials in engine manufacturing. As automakers seek to improve fuel efficiency and reduce emissions, they are looking for ways to make engines lighter without sacrificing performance or durability. This has led to the development of new materials and manufacturing processes, such as the use of high-strength steel, aluminum, and composites in engine components including connecting rods.
Automotive Engine Connecting Rods Market Segmentation:
Type
• Aluminum
• Steel
• Titanium
Application
• Passenger Vehicles
• Commercial Vehicles
The Major Players in Automotive Engine Connecting Rods Market are:
Wossner, Wiseco, Jingqiang Connecting Rod, Pauter Machine, Albon Engineering & Manufacturing, Tianrun Crankshaft, MGP, JD Norman Industries, CP Carrillo, Powder Industries, Arrow Precision, Mahle GmbH
Get free sample pages of the latest published Automotive Engine Connecting Rods Report:
https://www.cognitivemarketresearch.com/automotive-engine-connecting-rods-market-report/report_enquiry?id=4
News
- November 2022
Utah's Transcend Energy Group claims it has a relatively simple and cheap way to dramatically increase the torque output of combustion engines, simply by replacing the standard connecting rods with new two-piece designs with a secondary joint.
Regional Analysis:
- Asia Pacific dominates the Automotive Engine connecting rods Market
Geographically, the global automotive engine connecting rods market is divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. Asia Pacific dominates the automotive engine connecting rods market due to the presence of major automotive manufacturing hubs in countries such as China, India, Japan, and South Korea, which are driving the demand for automotive engine connecting rods.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Automotive Engine Connecting Rods Market
• 3.1 Global Automotive Engine Connecting Rods Market Size 2018 - 2030, (USD Million)
• 3.2 Global Automotive Engine Connecting Rods Value, Absolute & Opportunity Analysis
• 3.3 Global Automotive Engine Connecting Rods Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Automotive Engine Connecting Rods Market Statistics 2022: Snapshot
Chapter 4 Global Automotive Engine Connecting Rods Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Automotive Engine Connecting Rods Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Automotive Engine Connecting Rods Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Automotive Engine Connecting Rods Market Regional Analysis
Chapter 12 North America Automotive Engine Connecting Rods Market Outlook (2018 - 2030)
Chapter 13 Europe Automotive Engine Connecting Rods Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Automotive Engine Connecting Rods Market Outlook (2018 - 2030)
Chapter 15 Latin America Automotive Engine Connecting Rods Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Automotive Engine Connecting Rods Market Outlook (2018 - 2030)
Chapter 17 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more Automotive Engine Connecting Rods Market TOC click here: https://www.cognitivemarketresearch.com/automotive-engine-connecting-rods-market-report#table_of_contents
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• Automotive Sunroof System Market - https://www.cognitivemarketresearch.com/automotive-sunroof-system-market-report
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• Automotive Engine Actuators Market - https://www.cognitivemarketresearch.com/automotive-engine-actuators-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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