Global Automotive Bushing Market by Vehicle & Electric Vehicle, Product and Application - Forecast to 2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 18, 2019--The “Automotive Bushing - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Automotive Bushing market accounted for $126.89 billion in 2017 and is expected to reach $196.42 billion by 2026 growing at a CAGR of 5% during the forecast period.
The significant growth in the production of automotives and the rising demand among consumers for comfort, safety & ride quality are driving the market growth. However, lack of global level standards for automotive bushing is restraining the market.
By product, rubber bushings are the most commonly used for cars. Their design helps manufacturers meet the standards of Noise, Vibration, and Harshness or NVH. The first rubber bushings were just utilized as motor mounts. Because of their effectiveness in reducing vibration, these components are now massively produced to be placed anywhere around a car.
The Automotive Bushing market in Asia-Pacific region is majorly attributed to the growing automotive industry in developing countries like China, Japan and India. In addition, the increasing number in population is in turn leading to increasing automotive purchase and adoption.
Vehicles Covered:Light Commercial Vehicle (LCV) Heavy Commercial Vehicle (HCV) Passenger Car (PC)
Electric Vehicles Covered:Plug-In-Hybrid Electric Vehicle (PHEV) Hybrid Electric Vehicle (HEV) Battery Electric Vehicle (BEV)
Products Covered:Polyurethane Rubber
Applications Covered:Transmission Suspension Chassis Exhaust Engine Interior
Companies Profiled:Whiteline Vibracoustic GmbH Tenneco Inc. Sumitomo Riko Company Limited Prothane Paulstra SNC Oiles Corporation Nolathane Moog Hyundai Polytech India Federal-Mogul DuPont Crown Automotive Cooper Standard Holdings Inc. BOGE Rubber & Plastics Benara Udyog Limited Advanced Flow Engineering Inc. AC Delco
For more information about this report visit https://www.researchandmarkets.com/research/xvkmqt/global_automotive?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190118005239/en/
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Related Topics:Suspension Systems and Components
INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE OTHER AUTOMOTIVE
SOURCE: Research and Markets
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PUB: 01/18/2019 08:34 AM/DISC: 01/18/2019 08:34 AM