Global Automotive Connecting Rod Market, By Material (Steel, Aluminum, and Others), By Process Type

Published Date: | Report Code : AT1934228

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Global Automotive Connecting Rod Market, By Material (Steel, Aluminum, and Others), By Process Type (Forged, Cast Rods, and Powder Metals), By Vehicle Type (Passenger Cars and Commercial Vehicles), and By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World) – Market Size & Forecasting (2016-2028)

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Domain : Automotive

Report Code : AT1934228

Status : Upcoming

Increase in demand for lightweight and highly durable connecting rods is expected to drive the growth of automotive connecting rod market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

The automotive connecting rod is an inflexible part of the engine, which links a piston to a wrench or crankshaft in a responding engine. Together with the wrench, it frames a straightforward component that changes reciprocating motion into the rotating motion. Automotive connecting rods need to pass quality checks before supplying them to clients.

The use of advanced materials, such as fracture-split forged steel increases the life of connecting rods. The purpose of an automotive connection rod is to provide fluid movement between pistons and the crankshaft.

An automotive connecting rod is the main engine component that affects the weight of the crank train. Therefore, efforts are being taken to reduce their weight and improving the mechanical efficiency of an engine. Automotive connecting rods do not require regular replacements. Hence, they help in reducing the overall maintenance cost of the automotive.

The automotive connecting rod market is growing with the increasing vehicle demand. Moreover, the rise in demand for sports cars is increasing the use of carbon fiber connecting rods for making cars lighter and stronger. The increasing use of advanced coating and demand for internal combustion engines is also fueling the demand for the automotive connecting rod market.

Key Factors Impacting Market Growth:

  • Increasing demand for automobiles
  • Use of carbon fiber connecting rods in sports cars
  • Increase in demand for lightweight and highly durable connecting rods
  • Need for engine downsizing

Regional Analysis:

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the automotive connecting rod market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with a number of global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the automotive connecting rod market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the automotive connecting rod market in the region.

The Asia Pacific is estimated to be the fastest-growing region for the automotive connecting rod market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the automotive connecting rod market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: Wossner Pistons, Wiseco Piston Company Inc., Nangong Jingqiang Connecting Rod Co., Ltd., Pauter Machine, Albon Engineering & Manufacturing Plc, Tianrun Crankshaft Co., Ltd.,  JD Norman Industries, Inc., CP-Carrillo, Power Industries, Arrow Precision Engineering, Ltd., Mahle GmbH, Magal Engineering Ltd., Robson Engineering, Yasunaga Corporation, Cummins, Inc., and Linamar Corporation… 

Market Segmentation:

By Material:

  • Steel
  • Aluminum
  • Others

By Process Type:

  • Forged
  • Cast Rods
  • Powder Metals

By Vehicle Type:

  • Passenger Cars
  • Commercial Vehicles

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Material
    • By Process Type
    • By Vehicle Type
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Material
    • By Process Type
    • By Vehicle Type
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Material
    • By Process Type
    • By Vehicle Type
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Material
    • By Process Type
    • By Vehicle Type
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Material
    • By Process Type
    • By Vehicle Type
  • Rest of the World
    • By Region (South America, Africa)
    • By Material
    • By Process Type
    • By Vehicle Type

Reasons to Buy This Report:

  • Market size estimation of the global automotive connecting rod market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
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