PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1486788
PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1486788
Body Mounts Market Assessment, By Type [Rubber Body Mount Bushing Type, Polyurethane Body Mount Bushing Type], By Application [Cars, SUV], By Region, Opportunities and Forecast, 2017-2031F
Global body mounts market is projected to witness a CAGR of 5.32% during the forecast period 2024-2031, growing from USD 12.89 billion in 2023 to USD 19.51 billion in 2031. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.
Body mounts are parts that join the body of a car to the frame, provide vibration isolation and structural support. They lessen noise and improve riding comfort by absorbing shocks and vibrations. Additionally, by preserving correct alignment and reducing chassis flex, they enhance the stability and longevity of the vehicle.
The combination of intelligent technology and cutting-edge production methods is another trend that is revolutionizing this business. By combining cutting-edge simulation and modeling techniques with sensor-based systems for in-the-moment performance tracking, body mount production is being revolutionized by the marriage of manufacturing excellence and technology. The integration aims to increase vehicle performance and improve customer satisfaction by optimizing material consumption, enhancing ruggedness, and streamlining assembly methods.
The body mounts market is essentially a dynamic environment driven by the demand for robust, lightweight materials, enhanced vehicle performance and comfort, and the incorporation of intelligent technologies into manufacturing processes. Collectively, these factors shape the direction of the sector, encouraging innovation and creating the foundation for the future.
For instance, the automotive industry's expansion fuels demand for body mounts, with sales reaching new highs, especially in developing countries of the Asia-Pacific region. For instance, according to the Society of Indian Automobile Manufacturers (SIAM,) India has emerged as the third largest automobile market. The automobile industry produced a total 25.93 million vehicles, including passenger vehicles, commercial vehicles, three-wheelers, two-wheelers, and quadricycles in 2022. Hence, expansion of the automotive industry across the world is anticipated to accelerate the demand for body mounts for vehicle production across the globe.
Technological Advancements in Automotive Body Mounts
The lightweight and robust materials are becoming more popular in the automobile body mount market because of the industry's emphasis on enhancing vehicle performance and fuel economy. The increasing usage of advanced materials like composites and elastomers is causing conventional body mount designs to change in response to customer requests for improved ride quality and noise, vibration, and harshness (NVH) reduction. Additionally, the companies are offering customized body mounts solutions for different applications.
For example, in April 2024, JConcepts added infusion-shaped body mount choices to fit a few Traxxas Rush vehicles. The set shows up with a precise rib that bolts to the front of the shock tower which puts the stock body mount at a suitable plot for the #0087 Portage Aerostar van body shell. Likewise included is a back mount that slides into standard body mount math and can be set to a tall level for various sorts of body mixes.
Demand for Enhanced Lightweight Mount
Fiberglass and elastomers, two lighter composite materials, are supplanting conventional metal mounts. This pattern reduces vehicle weight, increases mileage, and improves driving elements. It is driven by eco-friendly principles and execution requests. Interest in mounts with predominant vibration-hosing capacities and optimal solidarity to weight proportions ought to rise.
For example, in December 2023, NVH-battling plastic EV engine mount wins the lightweighting grant. This mount is produced using another rendition of Zytel, which is especially proficient at damping the high-recurrence vibrations of electric engines. Presently, composite nylon is put together in engine mount with respect to the Cadillac Lyriq, which has won the general public for car examiners' development in lightweighting grant.
Increasing Production of Electric Vehicles is Reshaping the Landscape
Tremendous growth in electric vehicle (EV) popularity is transforming the automotive industry. With a growing number of consumers demanding EVs, manufacturers are innovating their production processes and component designs. This ranges from creating body mounts that can handle the distinct vibration patterns of electric motors versus traditional gasoline engines to special mounts for the battery pack, ensuring optimum thermal management and safety.
According to International Energy Agency (IEA,) electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022. Moreover, the penetration of electric vehicles is expected to increase multifold in the coming years. This is anticipated to generate the demand for body mounts designed and compatible with electric vehicles, thereby driving the market growth in the forecast period.
Asia-Pacific Dominates the Global Body Mounts Market
Asia-Pacific is exerting its dominance in the body mounts market. Owing to the presence of automotive production hubs in countries like Japan, China, and South Korea, Asia-Pacific is the biggest market for vehicle body mounts. Furthermore, the market for car body mounts is expanding due to the rising interest in lightweight, high-strength materials as well as the increasing focus on passenger security.
Future Market Scenario (2024-2031F)
Integration of smart sensors within body mounts will enable real-time monitoring of vehicle dynamics, improving security and execution through prescient upkeep and dynamic suspension control.
Innovations in design, such as active and adaptive mounts, will become more prevalent, providing dynamic adjustments for varying road conditions and driving styles.
High-level materials like composite polymers will rule, offering lighter weight and better vibration damping, satisfying needs for eco-friendliness and solace in vehicles.
Worldwide drives toward manageability will drive the reception of eco-accommodating materials and assembling processes in the body mounts market, lining up with industry endeavors to lessen natural effects.
With the ascent of electric vehicles, body mounts will advance to oversee remarkable vibration designs related to electric powertrains.
Key Players Landscape and Outlook
Key participants in the body mounts market include Continental AG, Sumitomo Riko Company Ltd., etc. The companies in this industry are moving towards body mounts made from lighter but strong materials like composites and high-strength steel. This reduces weight while maintaining structural integrity, which improves fuel efficiency and performance. Additionally, With the rise of EVs, manufacturers are increasingly inclined towards body mounts that can handle the unique noise and vibration patterns of electric motors.
In 2023, Continental AG is enhancing its body mounts product portfolio by expanding to electric vehicles market space. The company is planning to introduce special body elastomer mounts for EVs.
Table of Contents
1.Research Methodology
2.Project Scope & Definitions
3.Executive Summary
4.Voice of Customer
- 4.1.Mode of Brand Awareness
- 4.2.Factors Considered in Purchase Decisions
- 4.2.1.Features and Other Value-Added Service
- 4.2.2.Efficiency of Solutions
- 4.2.3.After-Sales Support
- 4.3.Consideration of Privacy and Safety Regulations
5.Global Body Mounts Market Outlook, 2017-2031F
- 5.1.Market Size & Forecast
- 5.1.1.By Value
- 5.2.By Type
- 5.2.1.Rubber Body Mount Bushing Type
- 5.2.2.Polyurethane Body Mount Bushing Type
- 5.3.By Application
- 5.3.1.Cars
- 5.3.2.SUV
- 5.4.By Region
- 5.4.1.North America
- 5.4.2.Europe
- 5.4.3.Asia-Pacific
- 5.4.4.South America
- 5.4.5.Middle East and Africa
- 5.5.By Company Market Share (%), 2023
6.Global Body Mounts Market Outlook, By Region, 2017-2031F
- 6.1.North America*
- 6.1.1.Market Size & Forecast
- 6.1.1.1.By Value
- 6.1.2.By Type
- 6.1.2.1.Rubber Body Mount Bushing Type
- 6.1.2.2.Polyurethane Body Mount Bushing Type
- 6.1.3.By Application
- 6.1.3.1.Cars
- 6.1.3.2.SUV
- 6.1.4.United States*
- 6.1.4.1.Market Size & Forecast
- 6.1.4.1.1.By Value
- 6.1.4.2.By Type
- 6.1.4.2.1.Rubber Body Mount Bushing Type
- 6.1.4.2.2.Polyurethane Body Mount Bushing Type
- 6.1.4.3.By Application
- 6.1.4.3.1.Cars
- 6.1.4.3.2.SUV
- 6.1.4.1.Market Size & Forecast
- 6.1.5.Canada
- 6.1.6.Mexico
- 6.1.1.Market Size & Forecast
All segments will be provided for all regions and countries covered
- 6.2.Europe
- 6.2.1.Germany
- 6.2.2.France
- 6.2.3.Italy
- 6.2.4.United Kingdom
- 6.2.5.Russia
- 6.2.6.Netherlands
- 6.2.7.Spain
- 6.2.8.Turkey
- 6.2.9.Poland
- 6.3.Asia-Pacific
- 6.3.1.India
- 6.3.2.China
- 6.3.3.Japan
- 6.3.4.Australia
- 6.3.5.Vietnam
- 6.3.6.South Korea
- 6.3.7.Indonesia
- 6.3.8.Philippines
- 6.4.South America
- 6.4.1.Brazil
- 6.4.2.Argentina
- 6.5.Middle East and Africa
- 6.5.1.Saudi Arabia
- 6.5.2.UAE
- 6.5.3.South Africa
7.Market Mapping, 2023
- 7.1.By Type
- 7.2.By Application
- 7.3.By Region
8.Macro Environment and Industry Structure
- 8.1.Demand Supply Analysis
- 8.2.Import Export Analysis
- 8.3.Value Chain Analysis
- 8.4.PESTEL Analysis
- 8.4.1.Political Factors
- 8.4.2.Economic System
- 8.4.3.Social Implications
- 8.4.4.Technological Advancements
- 8.4.5.Environmental Impacts
- 8.4.6.Legal Compliances and Regulatory Policies (Statutory Bodies Included)
- 8.5.Porter's Five Forces Analysis
- 8.5.1.Supplier Power
- 8.5.2.Buyer Power
- 8.5.3.Substitution Threat
- 8.5.4.Threat From New Entrant
- 8.5.5.Competitive Rivalry
9.Market Dynamics
- 9.1.Growth Drivers
- 9.2.Growth Inhibitors (Challenges and Restraints)
10.Key Players Landscape
- 10.1.Competition Matrix of Top Five Market Leaders
- 10.2.Market Revenue Analysis of Top Five Market Leaders (in %, 2023)
- 10.3.Mergers and Acquisitions/Joint Ventures (If Applicable)
- 10.4.SWOT Analysis (For Five Market Players)
- 10.5.Patent Analysis (If Applicable)
11.Case Studies
12.Pricing Analysis
13.Key Players Outlook
- 13.1.Continental AG
- 13.1.1.Company Details
- 13.1.2.Key Management Personnel
- 13.1.3.Products and Services
- 13.1.4.Financials (As reported)
- 13.1.5.Key Market Focus and Geographical Presence
- 13.1.6.Recent Developments
- 13.2.Sumitomo Riko Company Ltd.
- 13.3.ZF Friedrichshafen AG
- 13.4.Kurashiki Kako Ltd.
- 13.5.Anchor Industries
- 13.6.Auto Twirler Inc.
- 13.7.Tenneco Corporation
- 13.8.Mardave Inc.
- 13.9.Evil Manufacturing Ltd.
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.
14.Strategic Recommendations
15.About Us & Disclaimer
List of Tables
- Table 1. Pricing Analysis of Products from Key Players
- Table 2. Competition Matrix of Top 5 Market Leaders
- Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
- Table 4. About Us - Regions and Countries Where We Have Executed Client Projects
List of Figures
- Figure 1.Global Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 2.Global Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 3.Global Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 4.Global Body Mounts Market Share (%), By Region, 2017-2031F
- Figure 5.North America Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 6.North America Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 7.North America Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 8.North America Body Mounts Market Share (%), By Country, 2017-2031F
- Figure 9.United States Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 10.United States Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 11.United States Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 12.Canada Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 13.Canada Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 14.Canada Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 15.Mexico Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 16.Mexico Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 17.Mexico Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 18.Europe Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 19.Europe Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 20.Europe Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 21.Europe Body Mounts Market Share (%), By Country, 2017-2031F
- Figure 22.Germany Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 23.Germany Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 24.Germany Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 25.France Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 26.France Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 27.France Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 28.Italy Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 29.Italy Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 30.Italy Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 31.United Kingdom Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 32.United Kingdom Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 33.United Kingdom Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 34.Russia Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 35.Russia Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 36.Russia Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 37.Netherlands Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 38.Netherlands Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 39.Netherlands Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 40.Spain Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 41.Spain Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 42.Spain Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 43.Turkey Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 44.Turkey Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 45.Turkey Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 46.Poland Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 47.Poland Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 48.Poland Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 49.South America Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 50.South America Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 51.South America Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 52.South America Body Mounts Market Share (%), By Country, 2017-2031F
- Figure 53.Brazil Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 54.Brazil Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 55.Brazil Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 56.Argentina Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 57.Argentina Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 58.Argentina Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 59.Asia-Pacific Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 60.Asia-Pacific Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 61.Asia-Pacific Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 62.Asia-Pacific Body Mounts Market Share (%), By Country, 2017-2031F
- Figure 63.India Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 64.India Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 65.India Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 66.China Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 67.China Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 68.China Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 69.Japan Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 70.Japan Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 71.Japan Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 72.Australia Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 73.Australia Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 74.Australia Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 75.Vietnam Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 76.Vietnam Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 77.Vietnam Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 78.South Korea Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 79.South Korea Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 80.South Korea Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 81.Indonesia Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 82.Indonesia Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 83.Indonesia Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 84.Philippines Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 85.Philippines Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 86.Philippines Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 87.Middle East & Africa Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 88.Middle East & Africa Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 89.Middle East & Africa Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 90.Middle East & Africa Body Mounts Market Share (%), By Country, 2017-2031F
- Figure 91.Saudi Arabia Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 92.Saudi Arabia Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 93.Saudi Arabia Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 94.UAE Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 95.UAE Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 96.UAE Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 97.South Africa Body Mounts Market, By Value, In USD Billion, 2017-2031F
- Figure 98.South Africa Body Mounts Market Share (%), By Type, 2017-2031F
- Figure 99.South Africa Body Mounts Market Share (%), By Application, 2017-2031F
- Figure 100.By Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
- Figure 101.By Application Map-Market Size (USD Billion) & Growth Rate (%), 2023
- Figure 102.By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023
