Automotive Active Engine Mount Market REPORT OVERVIEW
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global automotive active engine mount market size was USD 1860.4 million in 2022 and market is projected to touch USD 3683.97 million by 2031 at CAGR 7.9% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with the automotive active engine mount market experiencing higher than anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The automotive active engine mount aims to elevate vehicle performance, comfort, and the entirety of the driving encounter. In contrast to conventional passive engine mounts, these active counterparts feature cutting-edge technologies that empower them to proactively fine-tune and regulate engine vibrations and motion. Seamlessly integrated within the vehicle's suspension system, these mounts assume a pivotal role in curtailing engine-induced vibrations, reducing noise levels, and mitigating the general impact of engine operation known as noise, vibration, and harshness
COVID-19 Impact: Increased Demand for Comfort and Safety among Population to Fuel Market Growth
With a heightened emphasis on personal health and well-being, individuals developed a stronger interest in the comfort and safety of their vehicles. Active engine mounts play a role in creating a smoother and quieter driving experience, resonating with consumers' aspirations for a more tranquil and enjoyable cabin ambiance.
The global supply chains experienced disruptions due to the pandemic, impacting the manufacturing of automotive components, including active engine mounts. These disruptions in obtaining parts and components could potentially have resulted in delays and interruptions in production.
LATEST TRENDS
"Integration with Vehicle Dynamics Systems and Advanced Vibration Analysis to Fuel Market Growth "
The current shift towards integrating Automotive Active Engine Mounts with Vehicle Dynamics Systems represents a substantial leap forward in elevating the collective aspects of vehicle performance, comfort, and control. This trend entails harmonizing the capabilities of active engine mounts with the encompassing framework of vehicle dynamics and control systems, culminating in a more unified and harmonized driving encounter. These Vehicle Dynamics Systems encompass a spectrum of components including suspension, braking, steering, and stability control. By seamlessly incorporating active engine mounts into this intricate framework, the adaptations enacted by these mounts can seamlessly synchronize with other concurrent vehicle maneuvers. Manufacturers were directing their efforts towards incorporating advanced techniques for analyzing vibrations, including predictive analytics and algorithms driven by artificial intelligence. This implementation facilitated on-the-fly modifications to engine mount configurations, ensuring the finest vibration control outcomes in real-time.
Automotive Active Engine Mount Market SEGMENTATION
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By Type
Based on Type Automotive active engine mount market is classified as semi-active engine mount, active engine mount, and automotive active engine mount.
By Application
Based on Application automotive active engine mount market is classified as sedans, and SUVs.
DRIVING FACTORS
"Demand for Enhanced Comfort to Fuel Market Growth "
Growingly, consumers are pursuing driving experiences that are both comfortable and enjoyable. Active engine mounts play a pivotal role in this pursuit by minimizing vibrations and noise, thereby elevating the overall comfort within the vehicle cabin.
"Regulations and Emission Standards to Stimulate Market Progress"
Heightened emission regulations propel the demand for advanced technologies aimed at optimizing engine performance. This includes active engine mounts capable of enhancing both fuel efficiency and emission management.
RESTRAINING FACTORS
"Cost Considerations to Harm Market Growth "
The manufacturing and integration of active engine mounts equipped with advanced technologies can incur substantial costs, potentially affecting their accessibility to specific vehicle segments and consumer groups in terms of affordability. This factors are responsible to fuel automotive active engine mount market growth in the forthcoming years.
Automotive Active Engine Mount Market REGIONAL INSIGHTS
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"Strong emphasis on vehicle comfort and technology-driven features in North America to Drive Market Share "
North America is expected to hold significant automotive active engine mount market share owing to increased focus on enhancing vehicle comfort and integrating technology-driven features among population. The increasing regulatory attention on emissions and overall vehicle efficiency further encourages the acceptance of advanced engine technologies. The market is experiencing growth due to elevated consumer awareness and their willingness to invest in premium features.
KEY INDUSTRY PLAYERS
"Multitude of companies that were prominent in shaping the market landscape"
Within the market, there exists a multitude of companies that were prominent in shaping the market landscape. Among these, notable industry players encompass ZF Friedrichshafen AG, Continental AG, Tenneco Inc., and BWI Group.
List of Market Players Profiled
- BOGE Rubber and Plastics (Germany)
- BWI Group (China)
- Continental (Germany)
REPORT COVERAGE
The future demand for the Automotive Active Engine Mount Market is covered in this study. The Research report includes the Impact of Increased Demand for Comfort and Safety due to the Covid-19 Impact. The report covers the latest trends elevating the collective aspects of vehicle performance. The paper includes a segmentation of the Automotive Active Engine Mount Market. The research paper includes the driving factors provide experiences that are both comfortable and enjoyable. The report also covers information on Regional Insights where the region which has emerged leading market for Automotive Active Engine Mounts.
| REPORT COVERAGE | DETAILS |
|---|---|
Market Size Value In |
US$ 1860.4 Million in 2022 |
Market Size Value By |
US$ 3683.97 Million by 2031 |
Growth Rate |
CAGR of 7.9% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type & Application |
Frequently Asked Questions
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What CAGR is the market expected to exhibit by 2031?
The market experienced a CAGR of 7.9% during the forecast to 2031.
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What are the driving factors of the market?
Demand for Enhanced Comfort to Fuel Market Growth and Regulations and Emission Standards to Stimulate Market Progress is the driving factor of the market.
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What is the restraining factor of the market?
Cost Considerations is the restraining factor of the market.
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Which are the key players functioning in the market?
BOGE Rubber and Plastics, BWI Group, and Continental are the key players functioning in the Market.
