Engine Mounts Market Size, Share, Growth, and Industry Analysis, By Type (Conventional Engine Mount, Hydraulic Engine Mount), By Application (Passenger Car, Commercial Vehicle), Regional Insights, and Forecast To 2033

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ENGINE MOUNTS MARKET OVERVIEW

Global Engine Mounts Market size was USD 4.62 Billion in 2024 and market is projected to touch USD 6.14 Billion by 2033, exhibiting a CAGR of 3.2% during the forecast period.

The component of a car that supports the engine is referred to as the engine mount. The items' primary function is to join the car frame and engine. In contrast, automobile engines—which are found in a variety of vehicles, including buses, airplanes, and motorcycles—are known as fuel-guzzlers. These engines improve the vehicle's efficiency. L4, L6, V6, and V8 engines are a few of the popular models on the market.

Depending on the use and quantity of energy they must absorb, it can take many different shapes or forms. As a result, the majority of mounts are either quite small or just big enough to dampen and absorb the energy without taking up too much room. A few components go into making an engine mount. The molded rubber bushing or mount, which serves as a vibration dampener, is one of these. Normally, this component will be directly connected to the engine. Moreover, a bolt that runs the entire length of the motor mount will be present and utilized to fasten it. Making ensuring there is a rubber break between the two mating surfaces is the goal.

COVID-19 IMPACT

Pandemic Increased the Market Demand

The COVID-19 epidemic has resulted in economic penalties against a number of nations, an increase in commodity prices, and interruptions in the supply chain, which have caused inflation in the pricing of products and services and had an impact on numerous markets throughout the world. Throughout the projected period, the market for automobile engines and engine mounts is anticipated to expand.

LATEST TRENDS

Rising Demand and development of technologies to Fuel Market Growth

The development of technologies such as multi-fuel engines, turbocharger technology, variable valve technology (VVT), and common rail direct injection (CRDI), which can produce the high power and high torque required for luxury segment vehicles, is a result of technological advancements in automotive engines. Manufacturers are creating lightweight, powerful engines, which would probably increase demand for automobile engines and propel the market for the same.

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ENGINE MOUNTS MARKET SEGMENTATION

By Type Analysis

According to type, the market can be segmented into conventional engine mount, hydraulic engine mount.

By Application Analysis

Based on application, the market can be divided into passenger car, commercial vehicle.

DRIVING FACTORS

Increase in manufacturing volumes of both passenger and commercial vehicle to Stimulate Market Demand

One of the key reasons propelling the engine mounts market growth of the automotive engine and equipment market is the increase in manufacturing volumes of both passenger and commercial vehicles. The market for automotive engines and engine mounts is growing as a result of technological advancements made by the manufacturers to create materials that provide a better damping effect and an increase in investments by major sports vehicle manufacturers to provide advanced equipment offering maximum vibration damping. The growing consumer awareness of the benefits of reducing vehicle emissions and increasing efforts made by OEMs and governments worldwide also have an impact on the market for automotive engines and engine mounts.

Rising urbanization to surge the demand for luxury vehicles, boosting market growth

The market for machinery and equipment is positively impacted by the growth in the sales and production of vehicles, the demand for high torque and high power engines for luxury vehicles, and the demand for high grade natural rubber with high load carrying capacity engines. Also, in the projection period of 2024 to 2033, the automotive engine and engine mounts market players would benefit from the development of demand for engine downsizing with high engine power and fuel economy.

RESTRAINING FACTORS

High costs associated with research and development activities to restrict market growth

The market growth for automotive engines and engine mounts is anticipated to be hindered by high costs associated with research and development activities and an increase in demand for electric vehicles. The automotive engine and equipment market is anticipated to face challenges during the forecast period due to strict emission regulations intended to reduce carbon footprints.

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ENGINE MOUNTS MARKET REGIONAL INSIGHTS

Strong manufacturing base in North America anticipated to Boost Market Expansion

The market for automobile engines and engine mounts is dominated by North America due to the region's strong manufacturing base, growing automotive sector, and increased OEM activities. The research and development efforts are anticipated to lead to significant growth in Europe between 2024 and 2033.

KEY INDUSTRY PLAYERS

Adoption Innovative Strategies by Key Players Influencing Market Development

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. The top key players in the market are Invacare, Ponte Giulio, Pressalit Care, HealthCraft, MEYRA, O.D.F, Herdegen and YJL. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios. In addition, the strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates the market growth.

List of Top Engine Mounts Companies

• TrelleborgVibracoustic
• ContiTech
• Hutchinson
• Sumitomo Riko
• Bridgestone
• BOGE Rubber & Plastics
• Toyo-Rubber
• Cooper Standard
• Nissin
• Yamashita Rubber
• Tuopu
• Luoshi
• Faw Foundry
• PGI Far East
• Hetian Automotive
• SKF

REPORT COVERAGE

This report examines an understanding of the Engine mounts market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.