Sway Bar Bushing Market Overview
A suspension system is crucial in providing a smooth ride for the car's occupants. As the vehicle is moving, these solid suspension parts are connected to each other and transfer energy. Bushings are small rubber or polyurethane components that serve as isolators for the noise, road shock and vibrations transmitted by solid metal suspension parts.
The sway bar helps to keep the vehicle stable as it turn around a corner on the race track. The sway bar is component of the suspension that allows one side of the cars suspension to respond to what the other side is doing. The sway bar distributes the load when the vehicle is corning and is connected to the suspension through sway bar bushings.
Damage to the sway bar bushing affects the car's handling, especially if it breaks and the sway bar disconnects from one side of the vehicle, thus the vehicle has a higher tendency to lean. With a broken bushing, the vehicle tends to lean more on corners, and the vehicle can topple or become imbalanced when in motion.
Sway bar bushings usually measure 15 to 20 mm in diameter and are attached to the sway bar at 90-degree angles. The sway bar bushing connects the sway bar's outer end to the suspension portion. Certain cars only have one sway bar, while others have two sway bars between the rear wheels. The sway bar bushing provides rigid connection to the suspension system with each end of a sway bar bushing normally having two joints.
The sway bar bushings allow the sway bar to float and respond to the race car's movement on the ground which are usually used on lower control arms and are fixed to the chassis. The sway bar will have a rigid attachment to the frame without the bushings, preventing any weight shifting and make controlling the car's handling in corners nearly impossible.
Sway Bar Bushing: Market Drivers and Challenges
Sway bar bushing sales are driven by anIncreasing production of automobile as well as on-road fleet size. The OEM market is said to be largely dominated by the leading manufacturers who have a contract-based supply order, while the aftermarket includes a multitude of tier-2 manufacturers as well as regional/local based players.
High replacement rate of sway bar bushing in the vehicle is expected to propel the growth of the global sway bar bushing market in the forecast period. Mostly many cars couldn’t drive without sway bars in the vehicles which is pushing the sales of sway bar bushing in the global sway bar bushing market.
Though the possibility of growth restriction in the sway bar bushing connection market is understood to be negligible by the concerned market participants, the present transients in production rates and sales in few regional marketsmay cause the sway bar bushing market to plummet to some extent.Up and down in the raw material pricing of the sway bar bushing might effect on the global sway bar bushing market growth.
The initial cost of parts is low, but the labor cost of removing/installing the sway bar bushing is very high. As a result, customers are putting off replacing the sway bar bushing, and as a result, the sway bar bushing market is expected to decline sales in the coming years.
Increasing the key development activities by sway bar bushing manufacturers may create different opportunities for them to increase sales of the sway bar bushing in the global sway bar bushing market.
Impact of COVID-19 on Sway Bar Bushing market
With the automotive industry's sluggish growth prior to the effects of the COVID-19 pandemic, the industry has now experienced a production slowdown this year as a result of the pandemic. In the first half of the fiscal year, decreased output performance and disruptions in the component supply chain were clearly visible. During the second quarter of 2020, however,automobile sales improved from the previous quarter, with demand growth returning to a reasonable level.
With low to moderate sales of the commodity in regional markets, the turnaround for Sway Bar Bushing demand growth is likely to take speedy growth during forecast period. Sway bar bushings are available to end users either directly from the manufacturer or aftermarket.
Because of the customization, repair, and general service provided to meet customer needs, the aftermarket segment accounts for a greater portion of sway bar bushing revenues. As a result, these businesses are working harder to solidify their brand by improving channel quality in both offline and online sales.
Sway Bar Bushing: Regional Market Outlook
Europe and North America are expected to dominate the sway bar bushing market in the present scenario, owing to increase in production capacity and fleet size in these region. Asia Pacific is touted as the next growth market in forecast period. Increased demand from developing nations such as China and India, due to rapid growth in transportation vehicle expected to boost the sway bar bushing market.
Latin America is estimated to push the sway bar bushing market in this region because of increasing urbanization and requirement of passenger transportation in this region especially in GCC countries. Middle East & Africa is less prominent region compared to other region expected to hold a moderate growth in sway bar bushing market.
Sway Bar Bushing Market: Which trend / segment to impact more
Among various different type of application of sway bar bushing, the adoption of Rubber bushing in passenger/commercial vehicles are expected to create more incremental opportunities. Sway bar bushing provide protection against wear and damage to the stabilizer bar.
Although, unnecessary, sway bar bushing ensure the highest levels of street performance. Sway bar bushing not only make the stabilizer bar system efficient, but it is also preferred for the reducing road noise, reducing road shock, reducing vibrations, and enhanced handling which add to the smooth ride for the passengers, which increases the demand of sway bar bushing market.
Sway Bar Bushing Gauge Market: Analyst perspective
“The sway bar bushing market is experiencing a strong growth trend, owing to increased demand from both the automotive industry and the aftermarket. Leading market players are concentrating their efforts on forming strategic alliances and creating lighter and more precise sway bar bushings. These factors are driving sway bar bushing adoption in the automotive industry.”
Sway Bar Bushing: Key Market Players
Major market participants in the global Sway bar bushingmarket identified across the value chain include:
- ENERGY SUSPENSION INC.
- Moog parts
- Whiteline Performance
- Daystar Performance Parts
- Detroit Axle
- Red Hound
- Hyundai Polytech India
The Sway Bar Bushingresearch report presents a comprehensive assessment of the Sway Bar Bushingmarket and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
TheSway Bar Bushingresearch report provides analysis and information according to market segments, such as geographies, application, and industry.
The Sway Bar Bushingreport covers exhaustive analysis on
- Sway Bar Bushing Market Segments
- Sway Bar Bushing Market Dynamics
- Sway Bar Bushing Market Size
- Sway Bar Bushing Supply & Demand
- Current Trends/Issues/Challenges in theSway Bar Bushingmarket
- Competition & Companies involved in the Sway Bar Bushingmarket
- Sway Bar Bushing Technology
- Value Chain of market
Sway Bar Bushing regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The Sway Bar Bushingglobal report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The Sway Bar Bushingreport provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Sway Bar Bushing: Market Segmentation
On the basis of Product Type:
- Metal Bushing
- Rubber Bushing
- Urethane or Polyurethane Bushings
- Grease able or Non-Grease able Bushings
On the basis of Application:
- Passenger Car
- High Performance Vehicles
On the basis of Sales Channel
- Original Equipment Manufacturer