Automotive Connecting Rod Market 2019 Global Industry Forecast To 2023 Report, published by Market Research Future, provides in-depth Global Automotive Connecting Rod Market analysis by Material (Steel, Aluminum, Others), Process Type (Forged, cast rods, powder metals), Vehicle Type (Passenger cars, Commercial vehicles), and Region. The demand from end users fuels the automotive industry's popularity on a global level. Market reports related to the automobile industry have been presented by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios. The market is estimated to develop at a CAGR of 4 % in the forecast period.

The noticeable competitors in the automotive connecting rod market comprise of Wiseco Piston Company Inc. (U.S.), Wossner Pistons (U.S.), Pauter Machine (U.S.), Albon Engineering & Manufacturing Plc (U.K.), and Tianrun Crankshaft Co., Ltd. (China).,Magal Engineering Ltd. (U.K.), Robson Engineering (U.K.), Nangong Jingqiang Connecting Rod Co., Ltd (China), Yasunaga Corporation (Japan),  JD Norman Industries, Inc. (U.S.), CP-Carrillo (U.S.), Arrow Precision Engineering, Ltd. (U.K.), Mahle GmbH (Germany), Power Industries (India), Cummins, Inc. (U.S.), and Linamar Corporation (Canada) are among others.  

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The use of advanced materials such as fracture-split forged steel leads to an increase in the life of connecting rods. The developments for increasing the efficiency and strength of connecting rods is showing significant opportunities for new product development. The connecting rod is a key engine component that affects the weight of the crank train. Therefore measures must be taken for reducing their weight and improving the mechanical efficiency of the engine. As the connecting rods do not require regular replacements, they help in reducing the overall maintenance cost of the automotive. The other factors contributing in the growth of the market are the boom in the automotive industry, the increased use of advanced coating, the use of carbon fiber connecting rods in racing cars, and the increase in demand for internal combustion engines.

The global automotive connecting rods market is expected to experience significant growth opportunities with the assembly of carbon fiber connecting rods in racing cars. The rise in demand for sports cars is increasing the use of carbon fiber connecting rods for making the cars lighter and stronger.

The market is witnessing challenges with the need for engine downsizing that is reducing the size of the engine and simultaneously delivering power equivalent to the larger engine by adding devices, such as a turbocharger, supercharger or by integrating direct fuel injection technology. Engine downsizing helps improve the fuel efficiency of vehicle and reducing the overall carbon emission.

The framework for growth plans also has inspired the market for potential new entrants. The market competitors are making considerable adjustments to minimalize the incidence of competitive disadvantage. The leadership trends in the market are reinforcing the level of growth that can be realized in the present market scenario.  The market is also well equipped to meet the challenges and keep up with the dynamic growth trends effectively. The alterations seen in terms of strategy execution and creation are modifying the development pace of the market. The plan formulation process in the market has become meaningfully easier in which deviations are well accounted for; this approach surges the overall success of these plans in the market. The evolution patterns are revised in tandem to the customer likings to realize abundant growth, and in the long run, viability.

List Of Figures:

Figure 1 Research Methodology

Figure 2 Global Automotive Connecting Rod Market: By System Type (%)

Figure 3 Global Automotive Connecting Rod Market: By Vehicle Type (%)

Figure 4 Global Automotive Connecting Rod Market: By Region

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List Of Tables:

Table 1 Automotive Connecting Rod Global Market, By System Type

Table 2 Automotive Connecting Rod Global Market, By Vehicle Type

Table 3 Automotive Connecting Rod Global Market, By Regions

Table 4 Automotive Connecting Rod North America Market, By System Type

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