NEW YORK, June 1, 2021 /PRNewswire/ —
Technavio has been monitoring the automotive connecting rod market and it is poised to grow by 51.57 mn units during 2021-2025, progressing at a CAGR of 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the automotive connecting rod market.
Frequently Asked Questions:
- Based on segmentation by application, which is the leading segment in the market?
The passenger cars segment is expected to lead the market during the forecast period. - What is the key driver influencing the market?
The growth of the automotive industry in emerging economies will drive the market growth. - At what rate is the market projected to grow?
The market is projected to grow at a CAGR of over 2%. - What is the key challenge expected to hinder the market growth?
The increasing adoption of EVs will impede market growth. - How big is the APAC market?
69% of the growth will come from APAC region.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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. are some of the major market participants. Although the growth of automotive industry in emerging economies and use of advanced materials in the manufacturing of connecting rods will offer immense growth opportunities, the increasing adoption of EVs is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this automotive connecting rod market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Automotive Connecting Rod Market 2021-2025: Segmentation
Automotive Connecting Rod Market is segmented as below:
- Application
- Passenger Cars
- Commercial Vehicles
- Geography
- APAC
- Europe
- North America
- South America
- MEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44249
Automotive Connecting Rod Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive connecting rod market report covers the following areas:
- Automotive Connecting Rod Market Size
- Automotive Connecting Rod Market Trends
- Automotive Connecting Rod Market Industry Analysis
This study identifies production shift to low-cost countries as one of the prime reasons driving the automotive connecting rod market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Automotive Connecting Rod Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist automotive connecting rod market growth during the next five years
- Estimation of the automotive connecting rod market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive connecting rod market across APAC, Europe, North America, South America, and MEA
- 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
Table of Contents:
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
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Report: https://www.technavio.com/report/automotive-connecting-rod-market-industry-analysis
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