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Automotive Bushing Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Automotive Bushing Market is segmented by Vehicle Type( Passenger Car and Commercial Vehicle), Propulsion Type (ICE and Electric), and Geography.

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Automotive Bushing Market Snapshot

Automotive Bushing Market
Study Period: 2018-2027
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >5 %

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Market Overview

The Automotive Bushing Market is anticipated to register a CAGR of about 5 %, during the forecast period (2020 – 2025).

  • With the growing standards of vehicles, it is very essential for a vehicle to have minimum levels of noise, harshness and vibrations. The increased concerned about the noise and air pollution amongst the end users and strict government norms for automobile manufacturers to ensure that their vehicle produces minimum levels of noise pollution, have been the major growth drivers in the automotive bushing market.
  • With the increase in income levels of the people, they are spending their excess money in buying new and luxurious vehicle. It is expected during the forecast period that the sales of automobiles all around the world will grow with a CAGR of around 8 %. With an increase in sales of automobiles the market of bushing will also increase as it is an essential material in various parts in an automobile.

Scope of the Report

The automotive bushing market covers the latest trends and technological developments as well as provide analysis of the market demand on various segments like vehicle type and propulsion type. Regional and country-level analysis, as well as the market share of major automotive bushing suppliers across the globe, will be covered in the scope of the report.

Vehicle Type
Passenger Car
Commercial Vehicle
Propulsion Type
ICE
Electric
Geography
North America
United States
Canada
Rest of North America
Europe
Germany
United Kingdom
France
Rest of Europe
Asia Pacific
India
China
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Brazil
United Arab Emirates
Other Countries

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Key Market Trends

Rise in Comfort Levels and Silent Cars Driving the Market

With the increase in global automobile standards regarding noise and vibrations inside the vehicle, the market demand is expected to grow during the forecast period. The premium vehicle normally requires a greater number of automotive bushings to make the ride more efficient and smoother. The rising demand for comfortable, safe, and premium vehicles is expected to drive the market of automotive bushings.

Automotive Bushing Market

Asia Pacific Captures Major Market Share

During the forecast period, it is expected that the automobiles sales in the Asia-Pacific region will be the highest in the world owing to the factors such as the population in the region is most in the world, as countries like China and India are present in the region which constitutes about 36% of the world’s population and Asia itself constitutes 60% of world’s population. Another factor will be the growing income level of people living in the world. The region has scope for potential growth for the markets in China and India due to their developing economies. The income level of people living in these countries is expected to rise during the forecast period which will enable them to buy more automobiles.

Automotive Bushing Market_Key Market Trend2

Competitive Landscape

The automotive bushing market is highly fragmented due to the presence of many regional and international players in the market. The companies have been investing to develop advanced bushing for growing advancements in the vehicle systems. For instance:

In November 2019, Vibracoustic develops innovative steering column bushing. The whole bushing is highly robust and durable, and the decrease in stiffness is as low as 10 % over lifetime - also being superior to other conventional solutions which experience a much bigger drop in stiffness during their lifetime. Vibracoustic steering column bushing also prevents buckling of the steering column due to its high conical stiffness, given its compact construction. The product is expected to serve a long life compared to other conventional bushings.

Automotive Bushing Market_Market Concentration.png

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porters Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Vehicle Type

      1. 5.1.1 Passenger Car

      2. 5.1.2 Commercial Vehicle

    2. 5.2 Propulsion Type

      1. 5.2.1 ICE

      2. 5.2.2 Electric

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 South Korea

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 Rest of the World

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 United Arab Emirates

        3. 5.3.4.3 Other Countries

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Delphi Technologies

      2. 6.2.2 Continental AG

      3. 6.2.3 Sumitomo Riko

      4. 6.2.4 Vibracoustic

      5. 6.2.5 Boge rubber and plastics

      6. 6.2.6 Hyundai Polytech India Pvt. Ltd.

      7. 6.2.7 Cooper Standard Holdings Ltd.

      8. 6.2.8 Dupont

      9. 6.2.9 Mahle

      10. 6.2.10 Tenneco

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The Automotive Bushing Market market is studied from 2018 - 2026.

The Automotive Bushing Market is growing at a CAGR of >5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Continental AG, Vibracoustic , Mahle , Delphi Technologies, Sumitomo Riko are the major companies operating in Automotive Bushing Market .

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