Automotive Idler Arm Market

Automotive Idler Arm Market



Growth Factors of Automotive Idler Arm Market

The Automotive Idler Arm Market size was valued at USD 3.56 billion in 2022. The market is projected to grow from USD 3.68 billion in 2023 to USD 4.85 billion by 2030, exhibiting a 4.0% during the forecast period of 2024-2032.

The COVID-19 pandemic had a sizeable impact at the automobile idler arm market. Lockdowns, travel regulations, and deliver chain disruptions led to reduced production and income of vehicles. The marketplace witnessed a slowdown as demand for automobile elements plummeted, mainly in 2020. However, as restrictions eased and the economy began recuperating, there was a resurgence in demand, particularly with the developing trend in the direction of private car ownership to keep away from public transport. The pandemic has underscored the significance of resilient supply chains, riding agencies to invest in automation and virtual deliver chain management.

A extraordinary trend inside the automotive idler arm market is the growing adoption of electric vehicles (EVs). EVs are progressively reshaping the market for automobile elements, such as idler palms. With the upward push of EV production, there's growing emphasis on light-weight and sturdy additives to beautify automobile performance. This shift towards EVs is pushing manufacturers to innovate and bring parts that align with the precise requirements of electric powertrains, contributing to market growth.

One key driving issue for the automobile loafer arm market is the rising worldwide demand for commercial and passenger vehicles. As urbanization will increase and disposable earnings rises, particularly in rising economies, the automotive industry is experiencing a consistent surge in automobile manufacturing. This growth without delay boosts the call for for idler hands and other important car additives. Additionally, advancements in suspension structures and the want for improved automobile dealing with are similarly propelling the marketplace ahead.

Comprehensive Analysis of Automotive Idler Arm Market

The Automotive Idler Arm Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by . By Vehicle Type include Passenger Vehicle, Commercial Vehicle. By Sales Channel include OEM, Aftermarket.

The North America region lead the Automotive Idler Arm Market share by benefitting a market size of USD 1.17 billion The region is set to experience a strong increase in the demand for idler arms, displaying a promising growth path.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.

In July 2023, ZF's Commercial Vehicle Solutions (CVS) division and Volta Trucks, a distinguished company of all-electric powered business automobiles and services, entered into a lasting agreement. This agreement pertains to many essential structures and components inside the all-electric powered Volta Zero. ZF is chosen as a number one company for numerous important Volta Zero electric truck structures, encompassing braking, suspension, and steerage functionalities.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 4.0% from 2023 to 2030

Unit Value (USD Billion) and Volume (Units)

Segmentation By Vehicle Type

Passenger Vehicle

Commercial Vehicle

By Sales Channel

OEM

Aftermarket

By Geography

North America (By Vehicle Type and Sales Channel)

U.S. (By Vehicle Type)

Canada (By Vehicle Type)

Mexico (By Vehicle Type)

Europe (By Vehicle Type and Sales Channel)

U.K. (By Vehicle Type)

Germany (By Vehicle Type)

France (By Vehicle Type)

Rest of Europe (By Vehicle Type)

Asia Pacific (By Vehicle Type and Sales Channel)

China (By Vehicle Type)

Japan (By Vehicle Type)

India (By Vehicle Type)

South Korea (By Vehicle Type)

Rest of Asia Pacific (By Vehicle Type)

Rest of World (By Vehicle Type and Sales Channel)


Please Note: It will take 5-6 business days to complete the report upon order confirmation.


1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Industry Developments - Mergers, Acquisitions & Partnerships
4.2. Latest Technological Advancements
4.3. Porters Five Forces Analysis
4.4. Impact of COVID-19 Pandemic on Global Automotive Idler Arm Market
5. Global Automotive Idler Arm Market Analysis, Insights and Forecast, 2019-2030
5.1. Key Findings / Definition
5.2. Market Analysis, Insights and Forecast - By Vehicle Type
5.2.1.
5.2.1.1. Passenger Vehicle
5.2.1.2. Commercial Vehicle
5.3. Market Analysis, Insights and Forecast - By Sales Channel
5.3.1.
5.3.1.1. OEM
5.3.1.2. Aftermarket
5.4. Market Analysis, Insights and Forecast - By Region
5.4.1.
5.4.1.1. North America
5.4.1.2. Europe
5.4.1.3. Asia Pacific
5.4.1.4. Rest of the World
6. North America Automotive Idler Arm Market Analysis, Insights and Forecast, 2019-2030
6.1. Market Analysis, Insights and Forecast - By Vehicle Type
6.1.1. Passenger Vehicle
6.1.2. Commercial Vehicle
6.2. Market Analysis, Insights and Forecast - By Sales Channel
6.2.1. OEM
6.2.2. Aftermarket
6.3. Market Analysis, Insights and Forecast - By Country
6.3.1. U.S.
6.3.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
6.3.2. Canada
6.3.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
6.3.3. Mexico
6.3.3.1. Market Analysis, Insights and Forecast - By Vehicle Type
7. Europe Automotive Idler Arm Market Analysis, Insights and Forecast, 2019-2030
7.1. Market Analysis, Insights and Forecast - By Vehicle Type
7.1.1. Passenger Vehicle
7.1.2. Commercial Vehicle
7.2. Market Analysis, Insights and Forecast - By Sales Channel
7.2.1. OEM
7.2.2. Aftermarket
7.3. Market Analysis, Insights and Forecast - By Country
7.3.1. Germany
7.3.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
7.3.2. France
7.3.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
7.3.3. U.K.
7.3.3.1. Market Analysis, Insights and Forecast - By Vehicle Type
7.3.4. Rest of the Europe
7.3.4.1. Market Analysis, Insights and Forecast - By Vehicle Type
8. Asia Pacific Automotive Idler Arm Market Analysis, Insights and Forecast, 2019-2030
8.1. Market Analysis, Insights and Forecast - By Vehicle Type
8.1.1. Passenger Vehicle
8.1.2. Commercial Vehicle
8.2. Market Analysis, Insights and Forecast - By Sales Channel
8.2.1. OEM
8.2.2. Aftermarket
8.3. Market Analysis, Insights and Forecast - By Country
8.3.1. China
8.3.1.1. Market Analysis, Insights and Forecast - By Vehicle Type
8.3.2. Japan
8.3.2.1. Market Analysis, Insights and Forecast - By Vehicle Type
8.3.3. India
8.3.3.1. Market Analysis, Insights and Forecast - By Vehicle Type
8.3.4. South Korea
8.3.4.1. Market Analysis, Insights and Forecast - By Vehicle Type
8.3.5. Rest of Asia Pacific
8.3.5.1. Market Analysis, Insights and Forecast - By Vehicle Type
9. Rest of the World Automotive Idler Arm Market Analysis, Insights and Forecast, 2019-2030
9.1. Market Analysis, Insights and Forecast - By Vehicle Type
9.1.1. Passenger Vehicle
9.1.2. Commercial Vehicle
9.2. Market Analysis, Insights and Forecast - By Sales Channel
9.2.1. OEM
9.2.2. Aftermarket
10. Competitive Analysis
10.1. Key Industry Developments
10.2. Global Market Rank Analysis (2022)
10.3. Competitive Dashboard
10.4. Comparative Analysis - Major Players
10.5. Company Profiles
10.5.1. Dorman Products (U.S.)
10.5.1.1. Overview
10.5.1.2. Products & Services
10.5.1.3. SWOT Analysis
10.5.1.4. Recent Developments
10.5.1.5. Strategies
10.5.1.6. Financials (Based on Availability)
10.5.2. DRiV Incorporated (Moog) (U.S.)
10.5.2.1. Overview
10.5.2.2. Products & Services
10.5.2.3. SWOT Analysis
10.5.2.4. Recent Developments
10.5.2.5. Strategies
10.5.2.6. Financials (Based on Availability)
10.5.3. Masterparts (South Africa)
10.5.3.1. Overview
10.5.3.2. Products & Services
10.5.3.3. SWOT Analysis
10.5.3.4. Recent Developments
10.5.3.5. Strategies
10.5.3.6. Financials (Based on Availability)
10.5.4. CJ MANUFACTURING COMPANY LIMITED (Bangkok)
10.5.4.1. Overview
10.5.4.2. Products & Services
10.5.4.3. SWOT Analysis
10.5.4.4. Recent Developments
10.5.4.5. Strategies
10.5.4.6. Financials (Based on Availability)
10.5.5. Sankei Industries Co, Ltd (Japan)
10.5.5.1. Overview
10.5.5.2. Products & Services
10.5.5.3. SWOT Analysis
10.5.5.4. Recent Developments
10.5.5.5. Strategies
10.5.5.6. Financials (Based on Availability)
10.5.6. Highlink Auto Parts Co., Ltd (Taiwan)
10.5.6.1. Overview
10.5.6.2. Products & Services
10.5.6.3. SWOT Analysis
10.5.6.4. Recent Developments
10.5.6.5. Strategies
10.5.6.6. Financials (Based on Availability)
10.5.7. GMB Corporation Japan (Japan)
10.5.7.1. Overview
10.5.7.2. Products & Services
10.5.7.3. SWOT Analysis
10.5.7.4. Recent Developments
10.5.7.5. Strategies
10.5.7.6. Financials (Based on Availability)
10.5.8. Datta Industries (India)
10.5.8.1. Overview
10.5.8.2. Products & Services
10.5.8.3. SWOT Analysis
10.5.8.4. Recent Developments
10.5.8.5. Strategies
10.5.8.6. Financials (Based on Availability)
10.5.9. Rare Parts Inc (U.S.)
10.5.9.1. Overview
10.5.9.2. Products & Services
10.5.9.3. SWOT Analysis
10.5.9.4. Recent Developments
10.5.9.5. Strategies
10.5.9.6. Financials (Based on Availability)
10.5.10. Emerson Forge Pvt. Ltd (India)
10.5.10.1. Overview
10.5.10.2. Products & Services
10.5.10.3. SWOT Analysis
10.5.10.4. Recent Developments
10.5.10.5. Strategies
10.5.10.6. Financials (Based on Availability)

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings