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Automotive Bushing Market Share
Automotive bushing industry seem to be highly fragmented in nature due to presence of local and global players across the globe. In 2023, the market players such as Continental AG, Tenneco Inc., Mahle GmbH, Sumitomo Riko Co., Ltd., Vibracoustic GmbH, Federal-Mogul LLC, BorgWarner Inc. and ZF Friedrichshafen ag collectively held around 5%-10% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.
Automotive Bushing Market Companies
Major companies operating in the automotive bushing industry are:
- BOGE Rubber & Plastics
- BorgWarner Inc.
- Continental AG
- Cooper Standard Automotive Inc.
- Delphi Technologies
- DuPont de Nemours, Inc.
- Federal-Mogul LLC
- GMT Rubber-Metal-Technic Ltd.
- Hutchinson SA
- Mahle GmbH
- Nolathane
- Sumitomo Riko Co., Ltd.
- Tenneco Inc.
- Trelleborg AB
- Vibracoustic GmbH
- ZF Friedrichshafen ag
Who are the leading automotive bushing market players?
BOGE Rubber & Plastics, BorgWarner Inc., Continental AG, Cooper Standard Automotive Inc., Delphi Technologies, DuPont de Nemours, Inc., Federal-Mogul LLC, GMT Rubber-Metal-Technic Ltd., Hutchinson SA, Mahle GmbH, are some of the leading automotive bushing companies worldwide.
Why is the demand for suspension arm automotive bushing on the rise?
The suspension arm bushing segment recorded USD 46.3 billion in 2023, due to the client preferences for automobiles with improved handling, balance, and cornering overall performance, in sports activities cars and overall performance-orientated motors
What factors are driving automotive bushing industry growth in North America?
North America market size was worth USD 34.1 billion in 2023, on account of the rising vehicle production and sales.
How big is the automotive bushing market?
The market size of automotive bushing reached USD 153.4 billion in 2023 and is set to witness 5.2% CAGR from 2024 to 2032, owing to the increasing vehicle production, surging demand for comfort and stability, and advancements in bushing materials and designs.