Automotive Bushing Market Size Analysis and Top Companies
The global automotive bushing market size is estimated to hit around USD 251.25 billion by 2033 increasing from USD 155.28 billion in 2023, with a CAGR of 4.93%. The top companies in the automotive bushing market are Powerflex USA, GYCX Factory, MEYLE AG, ContiTech Deutschland GmbH, Vogelsang Fastener Solutions, Schaeffler AG, Teknorot, Barberi Rubinetterie Industriali S.r.l., Xiamen, Kesaria Rubber Industries Pvt. Ltd., and Others.
Market Report Coverage
Report Attributes |
Details |
Market Size by 2033 |
USD 251.25 Billion |
Market Size in 2023 |
USD 155.28 Billion |
Market Growth Rate from 2023 to 2033 |
CAGR of 4.93% |
Largest Market |
Asia Pacific |
Base Year |
2023 |
Forecast Period |
2023 to 2033 |
Segments Covered |
Vehicle Type, Application, and Regions |
Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East, and Africa |
Automotive Bushing Market Lead Manufacturers
- Powerflex USA
- GYCX Factory
- MEYLE AG
- ContiTech Deutschland GmbH
- Vogelsang Fastener Solutions
- Schaeffler AG
- Teknorot
- Barberi Rubinetterie Industriali S.r.l.
- Xiamen
- Kesaria Rubber Industries Pvt. Ltd.
Latest Announcements by Industry Leaders
- In July 2023, the gycx factory reported that investing in quality bushings and regular maintenance can improve noise reduction and overall driving experience.
- In September 2024, ZF continued to expand its leadership position in the commercial vehicle sector with new orders for electronics, chassis, and safety solutions.
Recent Developments
- In April 2023, Siemens innovated with new sensor bushes, protection, and display equipment. In addition to the short-circuit and ground fault indicator, the intelligent cable gland SIBushing and the SICAM FCM plus short circuit and earth fault indicator. The product portfolio is designed with sustainable development at its core, offering intelligent solutions for the switchgear of the future.
- In January 2024, Rheinmetall wins a double-digit million-euro order for rocker arm bushes. The ordered items are rocker arm bushes for various engine models in the heavy-duty transportation sector. The rocker arm is a unique engine component that provides a precise, low-friction transition between the engine inlet and outlet valves. This increases cylinder pressure, thereby improving engine performance.
- In April 2024, SKF developed a novel solution to a common problem in electric vehicle (EV) powertrain design. SKF conductive brush rings provide a secure electrical connection between the EV eAxle rotor shaft and housing, extending the life of the eAxle.
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