Global Automotive Connecting Rod Market By, Material (Steel, Aluminum, Others), Process Type (Forged, Cast Rods, Powder Metals), Vehicle Type (Passenger Cars, Commercial Vehicles), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Automotive Connecting Rod Market
Automotive connecting rod market is expected to witness market growth at a rate of 2.8% in the forecast period of 2021 to 2028. Data Bridge Market Research report on automotive connecting rod market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The inclination towards to low-cost countries for production and the use of advanced materials for the manufacturing of connecting rods are escalating the automotive connecting rod market.
Automotive connecting rods refer to the rods which connect the piston to the crankshaft or crank in a reciprocating piston engine. These rods pass through quality checks before being supplied to clients.
The increasing demand of connecting rods owning to its properties such as engine stability and drivability and the growing demand for internal combustion engine -powered vehicles are key factors driving the automotive connecting rod market. Increasing concerns with carbon emissions and increase in demand for titanium connecting rods due to their low weight accelerates the market growth. Additionally, the increasing popularity of powder forged connecting rod in the gasoline market because of its durability and high strength and the emergence of flex fuel engines influence the automotive connecting rod market. Furthermore, the rise in demand for racing cars and the increase in use of carbon fiber connecting rods in these cars extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, government emphasizing on growing the production of battery electric vehicles is expected to obstruct the market growth. The increasing need for engine downsizing resulting in the reduction of engine’s size is expected to challenge the automotive connecting rod market in the forecast period of 2021 to 2028.
This automotive connecting rod market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive connecting rod market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Connecting Rod Market Scope and Market Size
Automotive connecting rod market is segmented on the basis of material, process type and vehicle type. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of material, the automotive connecting rod market is segmented into steel, aluminum and others.
- On the basis of process type, the automotive connecting rod market is segmented into forged, cast rods and powder metals.
- On the basis of vehicle type, the automotive connecting rod market is segmented into passenger cars and commercial vehicles.
Global Automotive Connecting Rod Market Country Level Analysis
Automotive connecting rod market is analyzed and market size, volume information is provided by country, material, process type and vehicle type as referenced above.
The countries covered in the automotive connecting rod market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the automotive connecting rod market because of the expansion of automotive industry in India, rise in production of passenger vehicles in China and low import duties on Japanese automobiles in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Connecting Rod Market Share Analysis
Automotive connecting rod market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive connecting rod market.
The major players covered in the automotive connecting rod market report are, Tianrun Crankshaft Co., Ltd., Arrow Precision Ltd., Albon Engineering & Manufacturing plc., JD Norman Industries, CP Carrillo., Wossner Pistons, Wiseco Piston Company Inc., Pauter Machine Co., POWER INDUSTRIES., Mahle GmbH, Cummins Inc., Honda Motor Co. Ltd., Dover Corporation, IT Forging (Thailand) Co. Ltd., Linamar, YASUNAGA CORPORATION., Tianrun Crankshaft Co., Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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