Engine mount is a component whose primary purpose is to safeguard the engine against vibrations and road shocks. This engine mount also prevents transmission of these vibrations to the passenger area of the vehicle. An engine mount basically holds the engine to the body of the car. Some OEMs have manufactured electromagnetic mounts that reduce the transmission of engine vibrations to vehicle body. Engine mount market is anticipated to see a promising growth in coming years all over the world.
MARKET SCOPE
The "Global Engine Mount Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the engine mount market with detailed market segmentation by engine type, fuel type, vehicle type, and geography. The report provides key statistics on the market status of the leading engine mount market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on engine type, the global engine mount market is segmented into L4, L6, V6 and V8.
? On the basis of fuel type, the market is segmented into gasoline, diesel, natural gas and hybrid.
? Based on vehicle type, the market is bifurcated into PC, LCV, HCV and Two-Wheeler.
MARKET DYNAMICS
Drivers:
? Growing count of passenger cars in many developing countries of Asia
? Increasing per capita disposable income to boost market growth of engine mounts.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The engine mount market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the engine mount market in these regions.
IMPACT OF COVID-19 ON ENGINE MOUNT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. This pandemic restricted movement of people from one place to another to a great extent. This directly hampered the demand for engine mount all over the world. However, after the situation returns to normalcy, this market is expected to grow positively across the globe.
MARKET PLAYERS
The report covers key developments in the engine mount market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from engine mount market are anticipated to lucrative growth opportunities in the future with the rising demand for vinegar in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the engine mount market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
? BOGE Rubber & Plastic
? Bridgestone Industrial
? ContiTech AG
? HETIAN (Wuhu) Automotive Industrial Ltd.
? Hutchinson
? Jiangsu Vibration Control Co., Ltd.
? Nissin Kogyo Co., Ltd.
? SumiRiko AVS Germany GmbH
? Toyo Tire Corporation
? ZF Friedrichshafen AG