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Automotive Connecting Rod Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Automotive Connecting Rod Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Published: May 2021 120 Pages SKU: IRTNTR44249

The automotive connecting rod market size is expected to grow by 51.57 mn units and record a CAGR of 2% during 2021-2025.

This post-pandemic automotive connecting rod market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this automotive connecting rod market analysis report, key drivers such as growth of automotive industry in emerging economies have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as increasing adoption of evs, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Automotive Connecting Rod Market Size be in 2021?

Automotive-Connecting-Rod-Market-Market-Size-2020-2025

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Who are the Key Vendors in the Automotive Connecting Rod Market?

The automotive connecting rod market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

  • Albon Engineering and Manufacturing Plc
  • American Axle and Manufacturing Inc.
  • Cummins Inc.
  • Honda Motor Co. Ltd.
  • IT Forging (Thailand) Co. Ltd.
  • JD Norman Industries Inc.
  • Linamar Corp.
  • MAHLE GmbH
  • Robson Engineering
  • YASUNAGA Corp.

Our analysts have extensively outlined successful business strategies deployed by the key vendors in this market research report. The automotive connecting rod market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

This automotive connecting rod market report further entails segmentations by application (Passenger cars and Commercial vehicles) and geography (APAC, Europe, North America, South America, and MEA). The available actionable insights on the segmentations, in this report, will enable a better understanding of the target audience and changing demand patterns.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. The automotive connecting rod market further offers well-structured marketing strategies to overcome the negative post-COVID-19 impact, if any, on each product and service segment.

Which are the Key Regional Markets for Automotive Connecting Rod Market?

Automotive-Connecting-Rod-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. The will significantly influence automotive connecting rod market growth in this region. From the statistical study of the geographic landscape, you can interpret and understand the competitive intelligence and regional opportunities in store for vendors for 2021-2025.

69% of the market’s growth will originate from APAC during the forecast period. China, US, Germany, Japan, South Korea (Republic of Korea), and India are the key markets for automotive connecting rod market in the region. This report provides estimations of the contribution of all regions to the growth of the automotive connecting rod market size.

Automotive Connecting Rod Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 2%

Market growth 2021-2025

51.57 mn units

Market structure

Fragmented

YoY growth (%)

0.98

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 69%

Key consumer countries

China, US, Germany, Japan, South Korea (Republic of Korea), and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Albon Engineering and Manufacturing Plc, American Axle and Manufacturing Inc., Cummins Inc., Honda Motor Co. Ltd., IT Forging (Thailand) Co. Ltd., JD Norman Industries Inc., Linamar Corp., MAHLE GmbH, Robson Engineering, and YASUNAGA Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Automotive Connecting Rod Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive connecting rod market growth during the next five years
  • Precise estimation of the automotive connecting rod market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive connecting rod market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive connecting rod market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Passenger cars - Market size and forecast 2020-2025
    • Commercial vehicles - Market size and forecast 2020-2025
    • Market opportunity by Application

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Albon Engineering and Manufacturing Plc
      • American Axle and Manufacturing Inc.
      • Cummins Inc.
      • Honda Motor Co. Ltd.
      • IT Forging (Thailand) Co. Ltd.
      • JD Norman Industries Inc.
      • Linamar Corp.
      • MAHLE GmbH
      • Robson Engineering
      • YASUNAGA Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Methodology

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      INFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases

      DATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts

      REPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape

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      Frequently Asked Questions

      Automotive Connecting Rod market growth will increase by 51.57 million units during 2021-2025.

      The Automotive Connecting Rod market is expected to grow at a CAGR of 2.26% during 2021-2025.

      Automotive Connecting Rod market is segmented by Application( Passenger cars, Commercial vehicles) Geographic( APAC, Europe, North America, South America, MEA) Geographic( APAC, Europe, North America, South America, MEA)

      Albon Engineering and Manufacturing Plc, American Axle and Manufacturing Inc., Cummins Inc., Honda Motor Co. Ltd., IT Forging (Thailand) Co. Ltd., JD Norman Industries Inc., Linamar Corp., MAHLE GmbH, Robson Engineering, YASUNAGA Corp. are a few of the key vendors in the Automotive Connecting Rod market.

      APAC will register the highest growth rate of 69.46% among the other regions. Therefore, the Automotive Connecting Rod market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

      China, US, Germany, Japan, South Korea (Republic of Korea), India

      • Growth of automotive industry in emerging economiesThe growth of the automotive industry in emerging economies is one of the primary factors driving the global automotive connecting rod market. The increase in economic activities in emerging nations has led to the growth of per capita income in these countries. As cities are at the center of economic development is the driving factor this market.
      • increasing economic development has led to the growth of major cities and urbanization. According to The World Bank is the driving factor this market.
      • the urban population in China accounted for 45% of the total population of the country in 2007 is the driving factor this market.
      • and it grew to 58% of the total population in 2017. Likewise is the driving factor this market.
      • the urban population in Indonesia is the driving factor this market.
      • which was 48% of the total population in 2007 is the driving factor this market.
      • reached 55% of the country s population in 2017. In most of the cities in developing economies is the driving factor this market.
      • governments are unable to meet the public transport needs of the growing population. This has led most of the urban commuters to purchase cars for convenient commuting is the driving factor this market.
      • resulting in the robust growth of the automotive industry in these countries. Furthermore is the driving factor this market.
      • the inability of the railways to provide last-mile connectivity and the growing popularity of e-commerce sites have led to the rise in sales of heavy commercial vehicles for logistics in emerging economies. As automotive connecting rod plays a vital role in ensuring the efficient working of automotive engines is the driving factor this market.
      • the growth of the automotive industry in emerging economies is a prime factor driving the global automotive connecting rod market. is the driving factor this market.

      The Automotive Connecting Rod market vendors should focus on grabbing business opportunities from the Passenger cars segment as it accounted for the largest market share in the base year.