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Technavio’s automotive thrust washers market research report has identified the growing need for lightweight thrust washers as one of the primary factors that will trigger the automotive thrust washers market growth in the coming years. The increasing use of aluminum over steel to produce automotive thrust washers improves the performance of the thrust washer. End-user industries are the highest adopter of aluminum for several applications such as building, construction, electrical, machinery, automotive, and transportation. Moreover, aluminum exhibits several distinctive features such as lightweight, corrosion resistance, and recyclability. Aluminum alloys weigh half the weight of regular steel due to which, it is extensively used for automotive thrust washers. This enables automobiles to be stronger, safer, and more efficient. Our market research analysts have estimated that this market will grow steadily at a CAGR close to 8% by 2022.
The adoption of self-lubricating thrust washers is one of the key trends in the automotive thrust washers market. The production of self-lubricating thrust washers is increasing due to the emergence of lubrication technology in bearings and washers. They are light in weight and incur low maintenance costs. Moreover, self-lubricating thrust washers have low wear and tear and have the capability to work under specific loads, extreme temperatures, and high speeds. Oil-filled sintered bronze bearings, self-lubricating metal polymer bearings, and lubrication-free solid polymer bearings are some of the self-lubricating bearings found in the thrust bearing market.
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The automotive thrust washers market is fragmented due to the presence of several players. This industry research report provides an in-depth analysis of the competitive environment among the players in this thrust bearing market. Moreover, the report also recommends strategies the companies should adopt and the areas they should focus on to sustain the competition in this global market.
The report includes an analysis of a number of companies in this marketspace including -
The OEMs accounted for the major share of the market during 2017. The enhancement of the material strength will improve the the lifespan of automotive thrust washers. According to our analysts, OEMs will be the major end-user segment to the automotibe thrust washers market during the forecast period as well.
in terms of geographic regions, APAC accounted for the maximum share of this thrust bearing market during 2017. Our analysts have predicted that the market will witness steady growth in this region during the next five years as well and this will attribute to the rising production of the automotive industry especially in the emerging countries.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
PART 09: MARKET SEGMENTATION BY VEHICLE TYPE
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
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