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Automotive Connecting Rod Market Trends

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

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Automotive Connecting Rod Market Trends

The trend of two-piece connecting rods in the automotive market is emerging as a promising innovation, offering enhanced performance and efficiency. These rods provide benefits such as reduced piston rock, increased torque, and improved dynamic compression. By shifting the pivot point of the piston, two-piece rods allow for more controlled piston movement, enhancing engine durability and power. This technology is gaining attention for its potential to revolutionize both OEM and racing applications.

Manufacturers are exploring its advantages in high-performance and electric vehicle (EV) powertrains. As patents and prototypes continue to develop, the trend could disrupt traditional connecting rod designs in the coming years.

For instance, in October 2023, Transcend Energy Group introduced a groundbreaking two-piece connecting rod called the Thunder Rod. This innovation moves the pivot point of the piston to the connecting rod, allowing the piston to travel vertically without lateral forces, reducing piston rock. The Thunder Rod enhances engine performance by increasing torque and dynamic compression by 25-30%. Transcend claims the technology could revolutionize the OEM, racing, and aftermarket industries. The company has secured patents for the Thunder Rod and is already testing it on the road, with plans to showcase it at the SEMA show.

One significant challenge in the automotive connecting rod market is fluctuating raw material costs. The prices of essential materials like steel, aluminum, and titanium can vary due to supply chain disruptions, geopolitical factors, and demand shifts. These cost fluctuations impact production budgets and pricing strategies, making it difficult for manufacturers to maintain stable profit margins. Additionally, sourcing high-quality materials at competitive prices remains a challenge for both OEM and aftermarket suppliers. As raw material costs rise, manufacturers may need to find innovative ways to minimize costs without compromising product quality.

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.