시장 전망:
Automotive Connecting Rod Market size is expected to expand from USD 39.98 Billion in 2024 to USD 2.64 Billion by 2034, demonstrating a CAGR of more than 4.7% between 2025 and 2034. In 2025, the industry revenue is estimated to reach USD 41.6 billion.
Base Year Value (2024)
USD 39.98 Billion
19-24
x.x %
25-34
x.x %
CAGR (2025-2034)
4.7%
19-24
x.x %
25-34
x.x %
Forecast Year Value (2034)
USD 2.64 Billion
19-24
x.x %
25-34
x.x %
Historical Data Period
2021-2024
Largest Region
Asia Pacific
Forecast Period
2025-2034
Get more details on this report -
시장 역학:
Growth Drivers & Opportunities
The automotive connecting rod market is experiencing notable growth, primarily driven by the escalating demand for high-efficiency engines and the growing trend towards lightweight materials in vehicle manufacturing. As automakers strive to enhance fuel efficiency and lower emissions, the need for performance-oriented connecting rods has surged. The increasing adoption of electric vehicles (EVs) is also presenting new opportunities for the connecting rod market. With advancements in battery technology and electric drivetrains, the design and material considerations for connecting rods are evolving to cater to hybrid and fully electric engines.
Furthermore, the recovery of the automotive industry post-pandemic is contributing to an optimistic market outlook. As production ramps up globally, the demand for connecting rods is expected to rise correspondingly. Innovations in manufacturing processes, such as additive manufacturing and improved forging techniques, are enhancing the quality and performance attributes of connecting rods, thereby attracting more manufacturers and suppliers. Additionally, the integration of advanced technologies, such as artificial intelligence and automation in production lines, can lead to increased operational efficiency, further stimulating market growth.
Report Scope
Report Coverage | Details |
---|
Segments Covered | Material, Process, Vehicle, Sales Channel |
Regions Covered | • North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC)
• Latin America (Argentina, Brazil, Rest of South America)
• Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Aisin Seiki Co, Albon Engineering & Manufacturing, Arrow Precision Engineering, Bharat Forge, CP-Carrillo, Cummins, Federal-Mogul Holdings LLC (DRiV), Hitachi Metals, ITR Components, Kalyani Technoforge, Linamar Corporation, Mahle GmbH, Pankl Racing Systems, Riken Corporation, Sanyo Special Steel, Shriram Pistons & Rings Ltd., Thyssenkrupp AG, Tupy S.A., Wiseco Piston Company, Yasunaga |
Unlock insights tailored to your business with our bespoke market research solutions - Click to get your customized report now!
Industry Restraints:
Despite the positive growth trajectory, the automotive connecting rod market faces several restraints that could impede progress. One major challenge is the fluctuating prices of raw materials used in the manufacture of connecting rods, such as aluminum and steel. This volatility can affect production costs and profit margins for manufacturers, making it difficult to maintain competitive pricing. Moreover, the growing emphasis on sustainability and eco-friendly practices in the automotive sector necessitates the adoption of alternative materials. Transitioning to these new materials can pose engineering challenges and require significant investment in R&D for existing manufacturers.
Another significant restraint is the stringent regulatory landscape governing emissions and fuel standards, which can impact the design parameters and specifications for connecting rods. Manufacturers must adapt swiftly to comply with evolving regulations, which can lead to increased development times and costs. Additionally, the market is characterized by intense competition, with numerous players vying for market share. This competitive pressure may lead to pricing wars, further squeezing profit margins and limiting investment in future innovations.
지역예보:
Largest Region
Asia Pacific
XX% Market Share in 2024
Get more details on this report -
North America
The North American automotive connecting rod market is characterized by a mature automobile industry, particularly in the United States and Canada. The U.S. is a major player, thanks to its robust automotive manufacturing base and a shift toward high-performance and electric vehicles. Innovations in engine design are driving demand for lightweight and high-strength connecting rods, which are essential for enhancing fuel efficiency and performance. Canada, while smaller in market size, is also contributing through its growing electric vehicle segment. The region is expected to focus on advanced materials and technologies, which may lead to significant market expansions in the coming years.
Asia Pacific
In the Asia Pacific region, the automotive connecting rod market is expected to witness substantial growth, with China leading the charge due to its vast automotive production ecosystem. The country is not only a major manufacturer of traditional internal combustion vehicles but is also rapidly advancing in electric vehicle production, necessitating advanced connecting rod technologies. Japan and South Korea are also critical players, with their innovative automotive sectors contributing significantly to market demand. Japan's emphasis on high-performance engines and South Korea's expansion into electric vehicles reflects a broader regional trend towards advanced automotive technologies, ensuring steady growth potential.
Europe
The European automotive connecting rod market is marked by a strong emphasis on sustainability and innovation. Countries such as Germany and France are at the forefront, with their robust automotive industries pushing for more efficient engine designs and the incorporation of materials that enhance performance while reducing weight. The UK's focus on electric vehicles and stringent environmental regulations is also influencing market trends, leading to an increased demand for high-quality connecting rods. The integration of new technologies in manufacturing and a shift towards hybrid and electric vehicles are anticipated to create opportunities for significant market growth across the region, particularly in Germany and France, as they adapt to the evolving automotive landscape.
Report Coverage & Deliverables
Historical Statistics
Growth Forecasts
Latest Trends & Innovations
Market Segmentation
Regional Opportunities
Competitive Landscape
세분화 분석:
""
In terms of segmentation, the global Automotive Connecting Rod market is analyzed on the basis of Material, Process, Vehicle, Sales Channel.
Material
The material segment of the automotive connecting rod market is primarily divided into steel, aluminum, and composite materials. Among these, steel connecting rods are the most widely used due to their strength, durability, and cost-effectiveness. However, aluminum connecting rods are gaining traction, particularly in high-performance and lightweight vehicle applications, as they offer benefits such as reduced weight and improved fuel efficiency. The shift towards electric vehicles has also prompted interest in advanced composite materials, which can provide enhanced performance and reduced overall weight. With manufacturers increasingly focusing on sustainability and performance, the aluminum and composite materials sub-segments are anticipated to experience significant growth in the coming years.
Process
The process segment encompasses forging, casting, and machining methods for producing connecting rods. Forging remains the dominant process due to its ability to produce rods with superior mechanical properties, making them ideal for high-engine performance applications. The casting process also holds a substantial market share, especially in the production of connecting rods for various vehicle types, due to its cost-effectiveness for mass production. Machining processes are essential for delivering precision parts, catering specifically to high-performance and specialized applications. As automotive manufacturers continue to innovate, the forging and casting sub-segments are poised for notable growth, driven by the demand for high-strength components in both conventional and electric vehicles.
Vehicle
In the vehicle segment, the market is segmented into passenger cars, commercial vehicles, and electric vehicles. Passenger cars represent the largest share of the automotive connecting rod market, primarily driven by the high volume of production and the continual demand for engine efficiency improvements. However, the commercial vehicle segment is expected to grow significantly due to rising transportation needs and advancements in engine technologies. The electric vehicle segment, though currently smaller, is projected to expand rapidly as manufacturers increasingly adopt electric drivetrains, leading to the development of specialized connecting rods. The growth in electric vehicles will also create opportunities for new materials and designs specifically suited for electric application, potentially reshaping the market landscape.
Sales Channel
The sales channel segment consists of original equipment manufacturers (OEMs) and aftermarket sales. OEMs traditionally dominate the market, providing connecting rods as integral components in new vehicle production. With the rising trend towards vehicle customization and the growing vehicle parc, the aftermarket sales channel is expected to witness substantial growth as consumers seek replacement and performance-enhancement parts. Additionally, the increasing use of e-commerce platforms for vehicle parts sales is revolutionizing the aftermarket landscape, making it easier for consumers to access a broader array of products. As a result, both OEM and aftermarket segments are anticipated to grow, with aftermarket sales likely experiencing the fastest expansion due to evolving consumer preferences.
Get more details on this report -
경쟁 구도:
The Automotive Connecting Rod Market is characterized by intense competition, with several key players striving to maintain their market share through innovation and technological advancements. The market is driven by an increase in vehicle production and the growing demand for lightweight components to enhance fuel efficiency. Manufacturers are increasingly focusing on the development of connecting rods using advanced materials like aluminum and composite materials to reduce weight and improve performance. Additionally, the rise of electric vehicles is prompting companies to adapt their product lines and invest in research and development to cater to emerging market needs. Strategic partnerships, mergers, and acquisitions are common as companies aim to leverage synergies and enhance their product offerings.
Top Market Players
1. Thyssenkrupp AG
2. Aisin Seiki Co Ltd
3. Mahindra Susten
4. Oetiker Group
5. Federal-Mogul Holdings
6. AAM (American Axle & Manufacturing)
7. Bridgestone Corporation
8. Bosch Engineering GmbH
9. Ricardo PLC
10. Metaldyne Performance Group
이름 * 1. 방법론
- 시장 정의
- 연구 Assumptions
- 시장 범위
- 회사연혁
- 지역 커버
- 기본 견적
- Forecast 계산
- 데이터 소스
이름 * 2. 경영진
제3장 Automotive Connecting Rod Market 관련 기사
- 시장 개요
- 시장 드라이버 & 기회
- 시장 재량 및 도전
- 규제 조경
- Ecosystem 분석
- 기술 & 혁신 파일 형식
- 주요 산업 개발
- 주요 특징
- Merger / 인수
- 투자정보
- 제품 출시
- 공급망 분석
- Porter의 다섯 힘 분석
- 새로운 Entrants의 위협
- 의 목
- 기업 Rivalry
- 공급 업체의 Bargaining 힘
- 구매자의 Bargaining 힘
- COVID-19 영향
- PESTLE 분석
- 연락처
- 경제 풍경
- 사회 풍경
- 기술 조경
- 법적 풍경
- 환경 풍경
- 공급 업체
제4장 Automotive Connecting Rod Market 통계, Segments
*보고서 범위/requirements에 따라 정렬 목록
장 5. Automotive Connecting Rod Market Region의 통계
- 주요 동향
- 시장 예상 및 예측
- 지역 범위
- 북아메리카
- ·
- 담당자: Mr. Li
- 대한민국
- 한국어
- 담당자: Mr. Li
- 담당자: Ms.
- 유럽의 나머지
- 아시아 태평양
- 주요 특징
- ·
- 대한민국
- 대한민국
- 주요 특징
- 주요 특징
- APAC의 나머지
- 라틴 아메리카
- 중동 및 아프리카
*List 배기
이름 * 6. 회사 자료
- 사업영역
- 재무정보
- 제품 제안
- 전략 매핑
- 주요 특징
- Merger / 인수
- 투자정보
- 제품 출시
- 최근 개발
- 지역 지배
- SWOT 분석
*보고 범위 / 요구 사항에 따라 회사 목록