Exactitude Consultancy Press Release: Automotive engine mount market

Manufacturers, distributors, and suppliers of engine mounts for a variety of vehicles, including passenger cars, commercial vehicles, and heavy-duty trucks, make up the automotive Engine Mount Market. Factors driving the market include rising demand for fuel-efficient vehicles, rising demand for electric vehicles, and the need for lightweight and durable engine mount materials.

The Automotive Engine Mount market is the industry that manufactures and sells engine mounts, which are important components in the construction of an automobile. An engine mount is a device that connects a vehicle’s engine to its chassis, providing a secure and stable mounting point while absorbing and dampening engine vibrations.

The automotive engine mount market is expected to grow at a 5.8% CAGR between 2022 and 2029. It is expected to be worth more than USD 108 billion by 2028, up from USD 65.02 billion in 2021.

Engine mounts can be made of a variety of materials, including rubber, metal, and polyurethane, each with its own set of properties and suitability for specific vehicle applications. Traditional engine mounts, hydraulic engine mounts, and electric vehicle engine mounts are among the various types of engine mounts available.

Explore 260 market data Tables spread through nearly 150 Pages and in-depth analysis on “Automotive Engine Mount Market Size by Product Type (Traditional Engine Mount, Hydraulic Engine Mount, And Electric Vehicle Engine Mount), by Vehicle Type (Passenger Cars, Commercial Vehicles, And Heavy-Duty Trucks), by Material Type (Rubber, Metal, And Polyurethane), by Sales Channel (OEMs or Aftermarket Channels) and by Region, Global Trends and Forecast from 2022 to 2029 ” with Table of Content –

The market is being drawn in by a shift towards modular designs and the incorporation of advanced technologies.

Manufacturers of engine mounts are incorporating advanced technologies such as active and semi-active engine mounts that can adjust the stiffness of the mount in response to driving conditions to improve ride comfort and reduce noise and vibration.

Manufacturers are shifting towards modular engine mount designs that enable easy replacement of individual components, lowering maintenance costs and downtime. With the growing popularity of electric vehicles, there is an increased demand for specialized engine mounts that can withstand the unique vibrations produced by electric motors. Engine mounts for electric vehicles are made to be more durable and resistant to wear and tear.

Drivers and Restraints

The automotive engine mount market is being driven by an increase in demand for fuel-efficient and electric vehicles, technological advancements in engine mount materials, and a growing automotive industry.

Rising fuel prices, environmental concerns, and government regulations are driving up demand for fuel-efficient vehicles. Engine mounts are critical in reducing engine vibrations, which improves fuel efficiency and reduces emissions.

Engine mount manufacturers are investing in research and development to create lightweight and durable materials like polyurethane, which outperform traditional materials like rubber and have a longer service life.

Specialized engine mounts that can absorb and dampen vibrations caused by electric motors are required for electric vehicles. The market for electric vehicle engine mounts is being driven by rising demand for electric vehicles. Governments around the world are imposing strict regulations on emissions and safety standards for automobiles, which is driving demand for engine mounts that meet these standards.

The global automotive industry is expanding, with increased automobile production and sales worldwide. This expansion is driving up demand for engine mounts.

The major restraints of the automotive engine mount market are high development and production costs, fluctuating raw material prices, intense competition, environmental concerns, and engine mounts’ limited lifespan.

Engine mounts have a limited lifespan and must be replaced on a regular basis, which can be costly for vehicle owners and may have an impact on market growth. Developing and manufacturing advanced engine mounts necessitates significant investment in R&D as well as specialized manufacturing processes, which can result in high costs.

The market is fiercely competitive, with many manufacturers and suppliers vying for market share. This intense competition may result in price pressure, affecting manufacturer profitability.

The cost of raw materials used in engine mount production, such as rubber and metal, can fluctuate significantly, affecting manufacturer profitability. Rubber and metal, which are commonly used in the manufacture of engine mounts, are not environmentally friendly materials. This has led to growing concerns about their environmental impact, which may result in tighter regulations and restrictions on their use.

Automotive Engine Mount Market Players

Key players involved in Automotive Engine Mount market are Cummins Inc, Hyundai Motor Company, Mitsubishi Heavy Industries, Ltd., MAHLE GmbH, Scania, Fiat Chrysler Automobiles, Hutchinson, Cooper Standard, Trelleborg AB, TOYO Tire U.S.A. CORP, Yamashita Rubber, Sumitomo Riko Company Limited, ZF Friedrichshafen AG, BOGE Rubber & Plastics, BWI Group. Mergers and acquisitions, joint ventures, capacity expansions, significant distribution, and branding decisions by established industry players to boost market share and regional presence. They are also engaged in continuous R&D activities to develop new Product Types and are focused on expanding the Product Type portfolio. This is expected to increase competition and pose a threat to new market entrants.

Key Market Segments: Automotive Engine Mount Market

Automotive Engine Mount Market By Product Type, 2020-2029, (USD Billion) (Thousand Units)

• Traditional Engine Mount
• Hydraulic Engine Mount
• Electric Vehicle Engine Mount

Automotive Engine Mount Market By Vehicle Type, 2020-2029, (USD Billion) (Thousand Units)

• Passenger Cars
• Commercial Vehicles
• Heavy-Duty Trucks

Automotive Engine Mount Market By Material Type, 2020-2029, (USD Billion) (Thousand Units)

• Rubber
• Metal
• Polyurethane

Automotive Engine Mount Market By Sales Channel, 2020-2029, (USD Billion) (Thousand Units)

• OEMS
• Aftermarket Channels

Automotive Engine Mount Market By Regions, 2020-2029, (USD Billion) (Thousand Units)

• North America
• Europe
• Asia Pacific
• South America
• Middle East And Africa

Important Countries In All Regions Are Covered

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