Global Body Mounts Market Assessment, By Type [Rubber Body Mount Bushing Type, Polyurethane Body Mount Bushing Type], By Application [Cars, SUV], By Region, Opportunities and Forecast, 2017-2031F

Body Mounts Market is projected to witness a CAGR of 5.32% during the forecast period 2024-2031, growing from USD 12.89 billion in 2023 to USD 19.51 billion in 2031.

Body Mounts Market Share, Trends, Industry 2031

Global body mounts market is projected to witness a&nbsp;CAGR of 5.32%&nbsp;during the forecast period 2024-2031, growing from&nbsp;USD 12.89 billion&nbsp;in 2023 to&nbsp;USD 19.51 billion&nbsp;in 2031. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.
Body mounts are parts that join the body of a car to the frame, provide vibration isolation and structural support. They lessen noise and improve riding comfort by absorbing shocks and vibrations. Additionally, by preserving correct alignment and reducing chassis flex, they enhance the stability and longevity of the vehicle.
The combination of intelligent technology and cutting-edge production methods is another trend that is revolutionizing this business. By combining cutting-edge simulation and modeling techniques with sensor-based systems for in-the-moment performance tracking, body mount production is being revolutionized by the marriage of manufacturing excellence and technology. The integration aims to increase vehicle performance and improve customer satisfaction by optimizing material consumption, enhancing ruggedness, and streamlining assembly methods.
The body mounts market is essentially a dynamic environment driven by the demand for robust, lightweight materials, enhanced vehicle performance and comfort, and the incorporation of intelligent technologies into manufacturing processes. Collectively, these factors shape the direction of the sector, encouraging innovation and creating the foundation for the future.
For instance, the automotive industry's expansion fuels demand for body mounts, with sales reaching new highs, especially in developing countries of the Asia-Pacific region. For instance, according to the Society of Indian Automobile Manufacturers (SIAM,) India has emerged as the third largest automobile market. The automobile industry produced a total 25.93 million vehicles, including passenger vehicles, commercial vehicles, three-wheelers, two-wheelers, and quadricycles in 2022. Hence, expansion of the automotive industry across the world is anticipated to accelerate the demand for body mounts for vehicle production across the globe.
<h2 style="text-align: justify;">Technological Advancements in Automotive Body Mounts</h2>
The lightweight and robust materials are becoming more popular in the automobile body mount market because of the industry's emphasis on enhancing vehicle performance and fuel economy. The increasing usage of advanced materials like composites and elastomers is causing conventional body mount designs to change in response to customer requests for improved ride quality and noise, vibration, and harshness (NVH) reduction. Additionally, the companies are offering customized body mounts solutions for different applications.
For example, in April 2024, JConcepts added infusion-shaped body mount choices to fit a few Traxxas Rush vehicles. The set shows up with a precise rib that bolts to the front of the shock tower which puts the stock body mount at a suitable plot for the #0087 Portage Aerostar van body shell. Likewise included is a back mount that slides into standard body mount math and can be set to a tall level for various sorts of body mixes.
<h2 style="text-align: justify;">Demand for Enhanced Lightweight Mount</h2>
Fiberglass and elastomers, two lighter composite materials, are supplanting conventional metal mounts. This pattern reduces vehicle weight, increases mileage, and improves driving elements. It is driven by eco-friendly principles and execution requests. Interest in mounts with predominant vibration-hosing capacities and optimal solidarity to weight proportions ought to rise.
For example, in December 2023, NVH-battling plastic EV engine mount wins the lightweighting grant. This mount is produced using another rendition of Zytel, which is especially proficient at damping the high-recurrence vibrations of electric engines. Presently, composite nylon is put together in engine mount with respect to the Cadillac Lyriq, which has won the general public for car examiners' development in lightweighting grant.
<h2 style="text-align: justify;">Increasing Production of Electric Vehicles is Reshaping the Landscape</h2>
Tremendous growth in electric vehicle (EV) popularity is transforming the automotive industry. With a growing number of consumers demanding EVs, manufacturers are innovating their production processes and component designs. This ranges from creating body mounts that can handle the distinct vibration patterns of electric motors versus traditional gasoline engines to special mounts for the battery pack, ensuring optimum thermal management and safety.
According to International Energy Agency (IEA,) electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022. Moreover, the penetration of electric vehicles is expected to increase multifold in the coming years. This is anticipated to generate the demand for body mounts designed and compatible with electric vehicles, thereby driving the market growth in the forecast period.
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<h2 style="text-align: justify;">Asia-Pacific Dominates the Global Body Mounts Market</h2>
Asia-Pacific is exerting its dominance in the body mounts market. Owing to the presence of automotive production hubs in countries like Japan, China, and South Korea, Asia-Pacific is the biggest market for vehicle body mounts. Furthermore, the market for car body mounts is expanding due to the rising interest in lightweight, high-strength materials as well as the increasing focus on passenger security.
Future Market Scenario (2024-2031F)
1.&nbsp;Integration of smart sensors within body mounts will enable real-time monitoring of vehicle dynamics, improving security and execution through prescient upkeep and dynamic suspension control.
2.&nbsp;Innovations in design, such as active and adaptive mounts, will become more prevalent, providing dynamic adjustments for varying road conditions and driving styles.
3.&nbsp;High-level materials like composite polymers will rule, offering lighter weight and better vibration damping, satisfying needs for eco-friendliness and solace in vehicles.
4.&nbsp;Worldwide drives toward manageability will drive the reception of eco-accommodating materials and assembling processes in the body mounts market, lining up with industry endeavors to lessen natural effects.
5.&nbsp;With the ascent of electric vehicles, body mounts will advance to oversee remarkable vibration designs related to electric powertrains.
Report Scope
&ldquo;Body Mounts Market Assessment, Opportunities, and Forecast, 2017-2031F&rdquo;,&nbsp;is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global body mounts market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
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Details
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Base Year of the Analysis
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2023
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Historical Period
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2017-2022
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Forecast Period
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2024-2031
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Projected Growth Rate
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CAGR of 5.32% between 2024 and 2031
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Revenue Forecast in 2031
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USD 19.51 billion
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Segments Covered
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Type, Application
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Regions Covered
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North America, Europe, South America, Asia-Pacific, Middle East and Africa
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Key Companies Profile
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Continental AG, Sumitomo Riko Company Ltd., ZF Friedrichshafen AG, Kurashiki Kako Ltd., Anchor Industries, Auto Twirler Inc., Tenneco Corporation, Mardave Inc., Evil Manufacturing Ltd.
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Customization Scope
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15% free report customization with purchase
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Pricing and Purchase Options
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Avail the customized purchase options to fulfill your precise research needs
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Delivery Format
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PDF and Excel through email (subject to the license purchased)
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In this report, the&nbsp;global body mounts market&nbsp;has been segmented into the following categories:&nbsp;
<ul style="text-align: justify;">
<li>By&nbsp;Type
<ul>
<li>Rubber Body Mount Bushing Type</li>
<li>Polyurethane Body Mount Bushing Type</li>
</ul>
</li>
<li>By Application
<ul>
<li>Cars</li>
<li>SUV</li>
</ul>
</li>
<li>By Region
<ul>
<li>North America</li>
<li>Europe</li>
<li>Asia-Pacific</li>
<li>South America</li>
<li>Middle East and Africa</li>
</ul>
</li>
</ul>
Key Players Landscape and Outlook
Key participants in the body mounts market include Continental AG, Sumitomo Riko Company Ltd., etc. The companies in this industry are moving towards body mounts made from lighter but strong materials like composites and high-strength steel. This reduces weight while maintaining structural integrity, which improves fuel efficiency and performance. Additionally, With the rise of EVs, manufacturers are increasingly inclined towards body mounts that can handle the unique noise and vibration patterns of electric motors.
In 2023, Continental AG is enhancing its body mounts product portfolio by expanding to electric vehicles market space. The company is planning to introduce special body elastomer mounts for EVs.
Key Players Operating in the Global Body Mounts Market Are:
<ul style="text-align: justify;">
<li>Continental AG</li>
<li>Sumitomo Riko Company Ltd.</li>
<li>ZF Friedrichshafen AG</li>
<li>Kurashiki Kako Ltd.</li>
<li>Anchor Industries</li>
<li>Auto Twirler Inc.</li>
<li>Tenneco Corporation</li>
<li>Mardave Inc.</li>
<li>Evil Manufacturing Ltd.</li>
</ul>
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<li>What is the current and future market size of the product/service in question globally or specific to different countries?</li>
<li>How are the markets divided into different product/service segments and the market size and growth of each segment?</li>
<li>What is the market potential of different product segments and their investment case?</li>
<li>How are the markets predicted to develop in the future and what factors will drive or inhibit growth?</li>
<li>What is the business environment and regulatory landscape specific to the product/service?</li>
</ul>
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Global Body Mounts Market Assessment, Opportunities and Forecast, 2017-2031F

The surge in vehicle production coupled with the emphasis on comfort and noise reduction in automotive designs is driving growth of the global body mounts market.

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