Automotive Connecting Rod Market by Process Type (Powder Metals, Forged, Cast Rods), by Vehicle Type (Passenger Cars, Commercial Vehicles), by Material (Aluminum, Steel, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2024-2032
The Automotive Connecting Rod Market size was valued at USD 639.4 Million Units in 2023 and is projected to reach USD 709.5 Million Units by 2032, exhibiting a CAGR of 14.73 % during the forecast period. Automotive connecting rods refer to the connecting rods that connect the piston to the crankshaft or to the crank of a piston-to-piston engine. These bars undergo quality control before being delivered to customers. Growing demand for connecting rods due to their features such as engine stability and drivability and increasing demand for internal combustion engine vehicles are the driving factors for the automotive connecting rods market. Growing concern about carbon dioxide emissions and rising demand for titanium rods due to their light weight are boosting the growth of the market. In addition, the automotive connecting rod market is influenced by the increasing popularity of powder connecting rods in the gasoline market due to their durability and high strength, and the emergence of flexible combustion engines.
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The report provides a comprehensive analysis of the automotive connecting rod market, including:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 14.73% from 2018-2032 |
Segmentation |
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 14.73% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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