Global Automotive Connecting Rod Market 2017-2021
About Automotive Connecting Rod
Connecting rods are commonly known as con rod. In the reciprocating piston engine, connecting rod connects the piston to the crankshaft. It converts the reciprocating motion into rotating motion. In a reciprocating piston engine, connecting rods are mostly made of steel or aluminum. For light weight and the ability to absorb high impact at the expense of durability, aluminum is preferred. The connecting rod manufacturers are dependent on the number of vehicles produced and the number of cylinders used in a vehicle's engine.
Technavio’s analysts forecast the global automotive connecting rod market to grow at a CAGR of 3.16% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive connecting rod market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Connecting Rod Market 2017-2021
Technavio recognizes the following companies as the key players in the global automotive connecting rod market: Cummins, JD Norman Industries, Linamar Corporation, and MAHLE.
Other Prominent Vendors in the market are: Wossner Pistons, Wiseco Piston Company, POWER INDUSTRIES, ROBSON ENGINEERING, YASUNAGA CORPORATION, and Magal Engineering.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is use of titanium connecting rod. Titanium is known for its high strength, low density, durability, heat resistance, and corrosion resistance. These properties make titanium a preferable material to use in connecting rod in the place of steel. Even though titanium is costlier than steel, but its properties of durability, weight, and ability to withstand heat is attracting the market.”
According to the report, one driver in the market is use of advanced material for manufacturing connecting rods. Using advanced material have led to an increase in the life span of connecting rods. The continuous development to increase the efficiency and strength of connecting rods is driving innovation initiatives in the market. Use of advanced materials significantly reduces replacement costs. The connecting rod is a key engine component, which affects the weight of the rest of the crank train. The connecting rod, piston, piston pins, and piston rings are the key contributors to the friction of engine. Lightweighting these components improve the mechanical efficiency of the engine. The use of fracture-split forged steel reduces the connecting rod's weight and increases its durability.
Further, the report states that one challenge in the market is increasing engine downsizing. Engine downsizing is a process wherein a smaller engine is used to deliver power equivalent to the larger engine by adding a boosting device, such as a turbocharger or a supercharger or by integrating direct fuel injection technology. This is done by reducing the engine capacity and the number of cylinders in it. Engine downsizing is becoming increasingly important day by day as it helps in improving vehicle's fuel efficiency and reducing carbon emission. Smaller engine capacity results in reducing the overall weight of the vehicle. Thus the vehicle is lighter and agiler. The static and dynamic downsizing are the contemporary trends in the development of combustion engines.
Cummins, JD Norman Industries, Linamar Corporation, MAHLE, Wossner Pistons, Wiseco Piston Company, POWER INDUSTRIES, ROBSON ENGINEERING, YASUNAGA CORPORATION, and Magal Engineering.