About Elastomer Bumpers
Elastomer bumpers are highly engineered elastomeric products specially designed for energy management issues including shock isolation, vibration isolation shock absorbers, and return springs.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Elastomer Bumper market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Elastomer Bumpers 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.
EFDYN (United States), Ringfeder Power Transmission (Germany), Advanced Antivibration Components (United States), ISC Plastic Parts, SL (Spain), ACE Controls Inc. (United States), CoPoly Tech, LLC (United States), RITM INDUSTRY (Ukraine), Miner Elastomer Products Corporation (MEPC) (United States), Allstates Rubber & Tool Corp. (United States) and Accurate Products (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Reid (United States) and ROMUS (France).
Segmentation Overview
AMA Research has segmented the market of Global Elastomer Bumpers market by Type (Axial Bumpers {High Performance, Soft Performance}, Radial Bumpers {Radial High Performance, Radial Soft Performance}, Crane Bumpers, Tapered Rod Bumpers and Micro Bumpers) and Region.
On the basis of geography, the market of Elastomer Bumpers 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). If we see Market by End Users, the sub-segment i.e. Agricultural will boost the Elastomer Bumpers 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 Sales Channels will boost the Elastomer Bumpers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase Adoption of Rubber Elastomer Bumper
Market Growth Drivers:
Growing Demand from Automotive Industry, Advancement in the Agriculture Industry and Growing Demand from Fitness Equipment
Challenges:
Limited Energy Absorption in Rubber Elastomer Bumper
Restraints:
Fluctuation in Interest Rates and Foreign Currency Exchange Rates
Opportunities:
Increasing Number of Manufacture Companies Majorly In Asia Pacific Region
Market Leaders and their expansionary development strategies
In 2021, Ringfeder Power Transmission, a division of publicly traded VBG Group AB, has acquired the Carlyle Johnson Machine Company ("Carlyle Johnson"). EdgePoint served as Carlyle Johnson's sole financial advisor.
In December 2020, ELASTOMER SOLUTIONS, a full-service supplier dedicated to the development, manufacturing, and supply of technical injected parts-rubber or other polymeric materials-in single or multi-material products, is pleased to announce the launch of its newly redesigned website at https://www.elastomer-solutions.com/. Our goal with this new website is to provide a more insightful and subscriber experience for our visitors (customers, partners, staff, and other interested parties) to learn about our services and solutions.
Minor Rubber provides a variety of rubber and elastomer materials to meet your specific needs. We constantly monitor REACH and RoHS regulations to stay in compliance with both. We believe that maintaining compliance is critical not only for our business but also for the environment. Please see our signed statement, which is updated as needed.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Elastomer Bumper Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
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.