Global Automotive Engine Management System Industry: Market Outlook 2018 To 2023

Posted by Abhijeet Bendre on January 8th, 2019

Automotive Connecting Rod Market 2019 Global Industry Forecast To 2023 Report, published by Market Research Future, provides in-depth Global Automotive Connecting Rod Market analysis by Material (Steel, Aluminum, Others), Process Type (Forged, cast rods, powder metals), Vehicle Type (Passenger cars, Commercial vehicles), and Region. The demand from end users fuels the automotive industry's popularity on a global level. Market reports related to the automobile industry have been presented by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios. The market is estimated to develop at a CAGR of 4 % in the forecast period.

The noticeable competitors in the automotive connecting rod market comprise of Wiseco Piston Company Inc. (U.S.), Wossner Pistons (U.S.), Pauter Machine (U.S.), Albon Engineering & Manufacturing Plc (U.K.), and Tianrun Crankshaft Co., Ltd. (China).,Magal Engineering Ltd. (U.K.), Robson Engineering (U.K.), Nangong Jingqiang Connecting Rod Co., Ltd (China), Yasunaga Corporation (Japan),  JD Norman Industries, Inc. (U.S.), CP-Carrillo (U.S.), Arrow Precision Engineering, Ltd. (U.K.), Mahle GmbH (Germany), Power Industries (India), Cummins, Inc. (U.S.), and Linamar Corporation (Canada) are among others.  

The use of advanced materials such as fracture-split forged steel leads to an increase in the life of connecting rods. The developments for increasing the efficiency and strength of connecting rods is showing significant opportunities for new product development. The connecting rod is a key engine component that affects the weight of the crank train. Therefore measures must be taken for reducing their weight and improving the mechanical efficiency of the engine. As the connecting rods do not require regular replacements, they help in reducing the overall maintenance cost of the automotive. The other factors contributing in the growth of the market are the boom in the automotive industry, the increased use of advanced coating, the use of carbon fiber connecting rods in racing cars, and the increase in demand for internal combustion engines.

For more insight on this report visit: https://www.marketresearchfuture.com/reports/automotive-connecting-rod-market-5646

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Abhijeet Bendre

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Abhijeet Bendre
Joined: February 20th, 2018
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