Wednesday 25 March 2020

Automotive Drive Train Mounts Market and Research Insights by 2027

  • Drive train mounts are the critical components of the vehicle, as they connect the engine, transmission, and other drive train parts to the chassis. Drive train mounts enable the engine power to be transferred safely to the tires. Drive train mounts isolate the vibration of drivetrain from the chassis and improve riding comfort of the occupants.

Key Drivers and Restraints of Global Automotive Drive Train Mounts Market

  • Rise in production of vehicles, globally, coupled with increased purchasing power of consumers is projected to drive the automotive drive train mounts market. The auto industry in China, India, Brazil, and Mexico has been witnessing significant expansion in the last five years. Entry of foreign automakers, rising consumer demand, and efforts taken by governments to boost the manufacturing sector in their respective countries in Latin America and Asia Pacific have spurred the production of vehicles in these regions.
  • Rise in number of on road vehicles has fueled the demand for automotive drive train mounts in the aftermarket. Drive train mounts are subjected to wear and tear and are susceptible to cracking. Moreover, they requires periodic replacement. Rise in average age of vehicles to 11 years and growing consumer trend toward longer vehicle retention and resale vehicle purchase are driving the automotive drive train mounts market.
  • Advancements in technologies and rising demand for lightweighting of vehicles have led to the development of lightweight drive train mounts and the utilization of electronics to adjust the stiffness of mounts and cancel the harmonics in order to offset engine drivetrain vibrations

Elastomeric/Rubber mounts to dominate automotive drive train mounts market

Drive train mounts used in vehicles are mostly elastomeric mounts owing to their ability to dissipate vibration at a cost-effective price. However, elastomeric / rubber mounts are expected to be gradually replaced by hydro mounts and electronic mounts due to their better ability to absorb and dampen vibrations and noise.
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Engine mounts to hold leading share of automotive drive train mounts market

  • Generally, 3 engine mounts are used in passenger cars and one is utilized for the transmission. The engine segment is estimated to hold a notable share of the automotive drive mounts market, owing to the use of multiple mounts in an engine.

Passenger vehicle segment to hold leading market share

  • Based on vehicle type, the passenger vehicle segment is anticipated to account for a prominent share of the automotive drive train mounts market owing to the high production volume of passenger vehicles worldwide.

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OEM segment to hold leading market share

  • Due to the wear and tear nature of the product the drive train mounts require periodic replacement and thereby contribute to the leading market share in the automotive drive train mounts market. The OEM segment holds a significant share of the market and the segment includes drive train mounts that are OE fitted by automakers. Consequently, rise in vehicle production is projected to drive the OEM segment.

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