(2019 – 2024) “Automotive Engine Mount Market” Report studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Automotive Engine Mount Analysis. The Automotive Engine Mount market is expected to register a CAGR of approximately XX% during the forecast period of (2019 – 2024).
Automotive Engine Mount Market Report Covers Leading Manufacturers: Sumitomo Riko Co. Ltd. Vibracoustic GmbHZF Friedrichshafen AGContiTech AGBWI GroupKurashikikako (Dalian) Co., Ltd.Schaeffler Technologies AG & Co. KG
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An engine mount is the part of a vehicle, which grips the engine in its place. Apart from holding the engine in its place, the engine mount also plays the vital function of damping the vibrations of the engines. Some engine mounts contain a fluid to dampen engine vibrations. Thereby, a liquid-filled engine mount can act as a shock absorber. Additionally, vehicles can be equipped with vacuum-controlled engine mounts in cases where the dampening of the engine vibrations is to be controlled. For instance, in the case of sports cars, it is necessary that the engine vibrations do not transfer to the vehicle body. Growing awareness among customers regarding the need to improve the fuel efficiency of vehicles, by reducing vehicle emissions, is anticipated to fuel the automotive engine mount market. Rapid technological innovations being carried out by the vehicle manufacturers for developing materials that provide a better damping effect is further expected to boost the automotive engine mount market during the forecast period.
Latest Automotive Engine Mount Market Insights
A couple of years back, Hans-Juergen Karkosch, Conti Tech Vibration and Control, and Holger Klink, BASF, launched heavy duty lightweight composite engine mounts and cross members. Most of the engine mounts are made of Aluminium. Manufacturers have started replacing engine mounts with a lightweight material of 50% glass fiber and rubber modified polyamide (PA). Major manufacturers are investing in the advancement of sports vehicles to provide technologically advanced engine mounts that can offer maximum vibration damping, which is very essential in cases of high-performance vehicles, such as sports vehicles, which in turn, is anticipated to further propel the automotive engine mount market. For instance, Continental AG, a leading manufacturer of engine mounts, has recently started the production of electronically switchable engine mounts, primarily for sports vehicles. Also, BWI Group has launched a new adaptive engine mount technology. This technology combines effective control of powertrain motion with good attenuation of noise and vibration, simultaneously improving the vehicle stability and interior refinement.
Automotive Engine Mount Market - Geographical Analysis
The Asia-Pacific region is expected to lead the automotive engine mount market over the forecast period, because of the rapidly expanding automotive industry in the region and the increasing efforts in boosting its growth. The efforts are being undertaken by the OEMs, who have a strong manufacturing footprint in the few potential regional markets of the Asia-Pacific, such as China, Japan, and South Korea. Europe is anticipated to be the next primary market for automotive engine mounts, regarding volume and value demand over the forecast period. The market in the region is estimated to remain as a dynamic hotspot for research and development since Europe is a base for crucial technology leaders in the automotive market. The United States is expected to account for a significant share of the demand in the North American automotive mount market during the coming years.
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Reasons to Purchase Automotive Engine Mount Market Report:
- Identification of key factors instrumental in changing the market scenario, exploiting new opportunities, and gaining a competitive edge.
- Analysing various perspectives of the market with the help of Porter’s five forces analysis.
- The authentication mode is likely to witness the highest adoption of these systems in the market.
- The regions that are expected to witness the fastest growth during the forecast period.
- The SWOT analysis for key players and a detailed study of their current strategic interests and key financial performance indicators.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
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