About Engine Mounts
Engine Mount is the part of an engine which used to hold the engine. It secures the engine as well as transmission to the frame of the car. Additionally, it is used to absorb the road shocks and engine vibrations so that the driver does not feel any engine movement. There are two types of engine mount conventional engine mount and hydraulic engine mount.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 6.62% |
Engine Mounts is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that Japanese Manufacturers will contribute the maximum growth to Global Engine Mounts market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TrelleborgVibracoustic (Freudenberg Group) (Germany), ContiTech (Continental AG) (Germany), Hutchinson (France), Sumitomo Riko (Japan), Bridgestone (Japan), BOGE Rubber & Plastics (Japan), Toyo-Rubber (Japan), Cooper Standard (United States), Nissin (Japan) and SKF (Sweden) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Tuopu (China), Faw Foundry (China), PGI Far East (China), Hetian Automotive (China) and Yamashita Rubber (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Engine Mounts market by Type (Conventional Engine Mount and Hydraulic Engine Mount), Application (Passenger Car, Commercial Vehicle and Others) and Region.
On the basis of geography, the market of Engine Mounts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Engine Type, the sub-segment i.e. L4 Engine will boost the Engine Mounts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Engine Mounts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel Type, the sub-segment i.e. Gasoline will boost the Engine Mounts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for High Load Carrying Capacity Engines and Increasing Popularity of L4 Engine Type
Market Growth Drivers:
Rising Adoption of High Power Engines for High-End Cars, Favorable Macro-Economic Environment in Developed As Well As Developing Nations and Up Surging Vehicle Production
Challenges:
Stringent Emission Norms to Reduce Carbon Footprints
Restraints:
High Cost of Electric Vehicles and Higher Aftermarket Cost
Market Leaders and their expansionary development strategies
In July 2018, Cooper Standard has acquired Lauren Manufacturing and Lauren Plastics, subject to regulatory approvals and related parties' consent.
In July 2018, Mitsubishi Corp. and Toyo Tire & Rubber Co. Ltd. are partnered to improve Toyo's global distribution assets.
Key Target Audience
Engine Mounts and Engine manufacturers, Traders, Distributors, and Suppliers, Industry associations and experts, Government Regularity Bodies, Private Research Organization, Government Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.