Automotive Connecting Rod Market | Discover Top Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025

The Global automotive connecting rod market is expected to grow by 51.57 mn units, accelerating at a CAGR of  2% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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Automotive Connecting Rod Market: Leading Segments and Growth Analysis

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• The Automotive Connecting Rod Market is segmented by Application (Passenger cars and Commercial vehicles) and Geography (APAC, Europe, North America, South America, and MEA).
• The APAC region emerged as the leading segment in recent years. 69% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Automotive Connecting Rod Market size.

Automotive Connecting Rod Market: Trends, Drivers, Challenges to impact growth

Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.

• Growth of automotive industry in emerging economies will be a significant factor in driving the growth of the Automotive Connecting Rod Market.
• Another factor that will boost the market will be the Production shift to low-cost countries.
• One of the key challenges that market players need to contend with in order to achieve further success is the Increasing adoption of EVs.

Automotive Connecting Rod Market: Vendor Analysis

• The market is fragmented.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• 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.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of 2%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by 51.57 mn units through 2021-2025.
    
3. What is a key factor driving this market?
   Growth of automotive industry in emerging economies will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   69% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are 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.
    
7. What are the market segments covered in this report?
   The market is segmented by Application (Passenger cars and Commercial vehicles) and Geography (APAC, Europe, North America, South America, and MEA)

Automotive Connecting Rod Market Size to Grow by 51.57 mn units through 2021-2025

The automotive connecting rod market is expected to grow by 51.57 mn units, accelerating at a CAGR of almost 2% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

Automotive Connecting Rod Market: Receive Free Sample Report

Automotive Connecting Rod Market: Segmentation by Application

This report provides a detailed analysis of the market by Application (Passenger cars and Commercial vehicles) and Geography (APAC, Europe, North America, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Automotive Connecting Rod Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with impact analysis of government regulations.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of 2%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by 51.57 mn units through 2021-2025.
    
3. What is a key factor driving this market?
   Growth of automotive industry in emerging economies will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   69% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are 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.
    
7. What are the market segments covered in this report?
   The market is segmented by Application (Passenger cars and Commercial vehicles) and Geography (APAC, Europe, North America, South America, and MEA)

Automotive Connecting Rod Market Size to Grow by 51.57 Million Units During 2021-2025

Technavio has been monitoring the automotive connecting rod market and it is expected to grow by 51.57 mn units, accelerating at a CAGR of almost 2% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

Automotive Connecting Rod Market: Receive Free Sample Report

Automotive Connecting Rod Market: APAC to lead market growth during the forecast period

• 69% of the market growth will originate from APAC during the forecast period.
• China, Japan, South Korea (Republic of Korea), and India are the key markets for automotive connecting rods in the region. 
• The growth of automotive industry in emerging economies will be a significant factor in driving the growth of the automotive connecting rod market.

Automotive Connecting Rod Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 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. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights on this market: Download a Free Sample Report

Automotive Connecting Rod Market: Key Highlights of the Report for 2021-2025

• 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