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Automotive Electric HVAC Compressor Market: Boasting an Exponential CAGR of 22.8%, Market Size To Reach $20.24 billion by 2025
Automotive Electric HVAC Compressor Market
Staying ahead in the Automotive Engine and Engine Mounts Market: Evolving Market Size, Vigorous Growth, and Opportunities
What Is The Projected Market Size Of The Global Automotive Engine and Engine Mounts Market And Its Growth Rate?
The global automotive engine and engine mounts market continues to witness strong growth.
* The Market Size in 2024: $92.33 billion
* The Market Size in 2025: $98.84 billion (7.0% CAGR)
* The Market Size in 2029: $133.21 billion (7.7% CAGR)
This growth is driven by factors such as government regulations, globalization, rising disposable income, and an increase in demand for commercial vehicles. Further growth is anticipated in the forecast period due to the adoption of electric vehicles, rise of autonomous vehicles, emission regulations, trade agreements, and general global market growth.
What Is Driving The Growth In The Automotive Engine and Engine Mounts Market?
The substantial growth in the production of passenger cars is a primary factor driving the automotive engine and engine mounts market. The demand and manufacture of passenger cars, specifically those designed to seat no more than nine persons, have been on the rise. For example, Business Today reports that passenger vehicle (PVs) sales in May 2022 rose an impressive 185% year-on-year to 251,052 units, up from the previous year's figure of 88.04k units.
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Who Are the Key Players Driving Automotive Engine and Engine Mounts Market Growth?
Key market players include:
* Mitsubishi Heavy Industries Ltd.
* Cummins Inc.
* Continental AG
* Y-Tec India Pvt Ltd
* Trinity Auto Engineering Pvt Ltd
* Scania AB
* Hutchinson SA
* Cooper Standard Automotive Inc
* Trelleborg AB
* Toyo Tire U.S.A. Corp
* BWI Group
* S M International
* Sumitomo Riko Company Limited
* Yamashita Rubber Co Ltd
* WanLi Topshine
* Hyundai Motor Company
* Fiat Chrysler Automobiles
* Roechling Group
* Autoneum Holding AG
* Trocellen Group
* BASF SE
* Johnson Matthey
* Klarius Products Ltd.
* Umicore
* Tenneco Inc.
* DCL International Inc.
* Ecocat India Pvt Ltd
* N.E. CHEMCAT CORPORATION
* Vibracoustic GmbH
* Federal-Mogul LLC
* Dana Holding Corporation
* Mahle GmbH
* BorgWarner Inc.
What Are The Key Trends In The Automotive Engine and Engine Mounts Market?
Key market trends include:
* Advanced combustion technologies
* Connectivity and IoT
* Sustainable and renewable fuels
* Emission reduction technologies
* 3D printing and additive manufacturing
What Are The Segments Of The Global Automotive Engine and Engine Mounts Market?
The market is segmented by:
* Product Type: Elastomer Mounts, Active Hydraulic Mounts, Passive Hydraulic Mounts, Electrohydraulic Mounts
* Fuel Type: Gasoline, Diesel, Hybrid, Natural Gas
* Sales Channel: OEM, After market
* End User: SUV, Sedan
Which Region Leads The Automotive Engine and Engine Mounts Market?
Europe led the automotive engine and engine mounts market in 2024. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Automotive Engine and Engine Mounts Market Global Market Report?
* Market Size Analysis: Analyze the Automotive Engine and Engine Mounts Market size by key regions, countries, product types and applications.
* Market Segmentation Analysis: Identify various subsegments within the Automotive Engine and Engine Mounts Market for effective categorization.
* Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
* Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
* Market Contribution: Evaluate contributions of different segments to the overall Automotive Engine and Engine Mounts Market growth.
* Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
* Industry Challenges: Analyze challenges and risks affecting the Automotive Engine and Engine Mounts Market.
* Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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