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Automotive Connecting Rod Market Share

Report ID: GMI12435
Published Date: Nov 2024
Report Format: PDF

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Automotive Connecting Rod Market Share

Automotive Connecting Rod Company Market Share, 2024

Mahle GmbH, Linamar Corporation, and Schaeffler AG collectively held a substantial market share of over 9% in the automotive connecting rod industry in 2024. Mahle GmbH, Linamar Corporation, and Schaeffler AG dominate the automotive connecting rod industry due to their extensive experience, technological expertise, and global manufacturing capabilities.

These companies have established strong relationships with major OEMs, ensuring consistent demand for their high-quality products. They lead in innovation, utilizing advanced materials and production techniques to enhance engine performance and fuel efficiency. Their large-scale operations enable them to benefit from economies of scale, keeping costs competitive. Additionally, these companies are investing in research and development, particularly for electric and hybrid vehicle powertrains. Their broad geographical presence and ability to adapt to market trends further solidify their leadership in the market. .

Automotive Connecting Rod Market Companies

Major players operating in the automotive connecting rod industry are:

Aisin Seiki
Bharat Forge
CP-Carrillo
Cummins
Federal-Mogul
Linamar
Mahle
Schaeffler AG
Tupy S.A.

Authors: Preeti Wadhwani, Satyam Jaiswal

Frequently Asked Questions (FAQ) :

The market size of automotive connecting rod reached USD 40.8 billion in 2024 and is set to grow at a 4.5% CAGR from 2025 to 2034, driven by the increasing demand for high-performance vehicles.

The OEM segment held over 85% of the market share in 2024, supported by established relationships with vehicle manufacturers and the ability to provide high-quality, warranty-backed components.

The China market accounted for 60% of the revenue share in 2024 and is expected to exceed USD 10 billion by 2034, led by its position as the world’s largest automotive manufacturer and consumer.

The major players in the industry include Aisin Seiki, Bharat Forge, CP-Carrillo, Cummins, Federal-Mogul, Linamar, Mahle, Schaeffler AG, and Tupy S.A.