Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 72.28 Billion | USD 121.08 Billion | CAGR at 5.90% | 2023 |
According to the report published by Zion Market Research, the global Engine Mounting Brackets Market size was valued at USD 72.28 Billion in 2023 and is predicted to reach USD 121.08 Billion by the end of 2032. The market is expected to grow with a CAGR of 5.90% during the forecast period. The report analyzes the global Engine Mounting Brackets Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Engine Mounting Brackets Market industry.
The engine mounting systems include components such as engine mounting brackets which carry the engine’s weight within the chassis. The engine mounting brackets provides isolation to the transmission systems and the engine from the powertrain vibrations.
In the engine management systems, the powertrains are run close to the edge in order to reduce the noise, harshness, noise, and fuel use which, in turn, pressures the engine mounts. The conventional engine mounts have plastic or rigid metals which are bonded to the rubber element. New innovations in the product are being designed by Trelleborg Automotive and Lord Corp.
The global market for the engine mounting brackets is fragmented into its engine configuration, vehicle type, fuel type, engine mount, and the sales channel.
On the basis of the engine configuration, the global market is segregated into flat engines, W-type engines, inline engines, V-type engines, and others.
On the basis of the vehicle type, the market is categorized into heavy commercial vehicles, passenger cars, and light commercial vehicles.
On the basis of the fuel type, the market is bifurcated into natural gas, diesel, gasoline, and hybrid.
On the basis of the engine mount, the market is fragmented into hydraulic, elastomer, and electrohydraulic.
On the basis of sales channel, the market is divided into aftermarket and original equipment manufacturers.
A positive impact is being created in the market of the engine mounting brackets due to the technological developments that are made for the production of the engine mounting brackets that are light in weight and are compact. Due to the growing demand for the engine mounting brackets that are light in weight the composite materials and the gray cast iron are being preferred more in the manufacturing process. The other factors that will drive the engine mounting brackets are the new innovations that are done in the manufacturing process of the engines and the growing demand for the engines that are noiseless and are highly efficient. There are factors that will hamper the growth of the market which includes the high replacement costs of various engine mounting systems and the engine mounting brackets that are made from steel are heavy in weight.
Report Attributes | Report Details |
---|---|
Report Name | Engine Mounting Brackets Market Research Report |
Market Size in 2023 | USD 72.28 Billion |
Market Forecast in 2032 | USD 121.08 Billion |
Growth Rate | CAGR of 5.90% |
Number of Pages | 196 |
Key Companies Covered | Allena Group, MISUMI Corporation, Hangzhou EKKO Auto Parts Co., Ltd., Nissin Kogyo Co. Ltd., Cooper-Standard Holdings Inc., SK Rubber Industries, Toyo Tire and Rubber Co. Inc., Kavo BV, Boge Rubber and Plastics, and Fibet Rubber Bonding Ltd. |
Segments Covered | By Engine configuration, By Vehicle type, By Fuel type, By Engine mount, By The sales channel and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
In the Asia Pacific region, the engine mounting brackets will experience a rapid growth in the coming years owing to the rapid industrialization, economic growth, and the development that is made in the automotive industry. Additionally, the rise in the sales of the aftermarket propels the growth of the engine mounting brackets market. In the European countries, there has been a growth in the automobile industry and the market players have also taken initiatives in making innovations in existing engine models which will fuel the growth of the engine mounting brackets market. The economic growth of the Middle East and Africa regions has contributed to the development of the automobiles and engine mounting brackets market.
The key market players that are involved in the engine mounting brackets market include:
By Engine configuration
By Vehicle type
By Fuel type
By Engine mount
By The sales channel
Engine Mounting Brackets Market: Regional Segment Analysis
What Reports Provides
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