Automotive Bushing Market
The market for Automotive Bushing was estimated at $165 billion in 2024; it is anticipated to increase to $217 billion by 2030, with projections indicating growth to around $273 billion by 2035.
Global Automotive Bushing Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Automotive Bushing industry revenue is expected to be around $172.5 billion in 2025 and expected to showcase growth with 4.7% CAGR between 2025 and 2034. The lasting importance of the Automotive Bushings market is mainly fueled by reasons such as the growing need for an safe driving experience in vehicles and ongoing investments in automotive advancements worldwide leading to increased vehicle manufacturing output globally. Moreover. Showing a correlation. The rising utilization of cutting edge technologies like bushings monitors aimed at enhancing vehicle performance and lifespan underlines this situation. Increasing consumer awareness regarding the functions of bushings in reducing vibrations and noise while improving driving comfort. Combined with their pivotal role, in vehicle upkeep. has solidified the enduring value of this market sector.
Completing the overview of the Automotive Bushings market signifies its role in vehicles by linking various parts together to reduce friction and absorb shocks effectively. Its widely utilized in vehicle components like engines, suspensions and steering systems. Noteworthy prospects stem from trends such as employing lightweight materials for enhanced fuel economy and environmental friendliness. The rise of Electric Vehicles (EVs) has brought about hurdles and opportunities, for inventive automotive bushings hence driving market growth.
Market Key Insights
- The Automotive Bushing market is projected to grow from $164.7 billion in 2024 to $261 billion in 2034. This represents a CAGR of 4.7%, reflecting rising demand across Suspension Systems, Steering Systems and Engine Mounts.
- ZF Friedrichshafen AG, Federal-Mogul (Tenneco), Vibracoustic GmbH are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Automotive Bushing market and are expected to observe the growth CAGR of 3.3% to 4.3% between 2024 and 2030.
- Emerging markets including India, Brazil and Vietnam are expected to observe highest growth with CAGR ranging between 5.2% to 6.6%.
- Transition like Transition from Traditional to Advanced Materials has greater influence in United States and China market's value chain; and is expected to add $5 billion of additional value to Automotive Bushing industry revenue by 2030.
- The Automotive Bushing market is set to add $96.0 billion between 2024 and 2034, with manufacturer targeting Service Centers & Branded Repair Centers Sales Channel projected to gain a larger market share.
- With Ever-increasing demand in the automotive industry, and Progressive technological advancements, Automotive Bushing market to expand 58% between 2024 and 2034.