Global Automotive Engine and Engine Mounts Market Projected to Expand at 7.2% CAGR by 2029
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How Much Was The Automotive Engine and Engine Mounts Market Worth In 2025, And What Is Its Anticipated Value By 2029?
The sphere of automotive engines and associated mounts has experienced considerable expansion over the past few years, projecting an increase from a valuation of $92.33 billion in 2024 to $97.25 billion in the subsequent year, reflecting a consistent annual expansion rate, or CAGR, of 5.3%. This upward trajectory during the preceding timeframe is largely attributable to factors such as stringent governmental mandates, the increasing interconnectedness of global markets, augmenting personal affluence among consumers, and a heightened need for various types of commercial transport vehicles.
Anticipation surrounds the automotive engine and engine mounts sector, projecting substantial expansion in the coming years, escalating to a valuation of $128.36 billion by the year 2029, underpinned by a compound annual growth rate (CAGR) of 7.2%. This upward trajectory across the projection timeframe is fundamentally driven by the increasing integration of electric vehicles (EVs), the progression of autonomous driving systems, increasingly stringent pollution control standards, evolving international trade pacts, and the general expansion of the worldwide market. Key developments shaping this period involve the implementation of more sophisticated combustion methods, the incorporation of connected technologies and the Internet of Things (IoT), a pivot towards ecologically sound and renewable energy sources for fuel, the development of technologies aimed at minimizing emissions, and the utilization of 3D printing along with additive manufacturing techniques.
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What Are The Top Growth Drivers Impacting The Automotive Engine and Engine Mounts Market Outlook?
Anticipated increases in passenger car output are set to fuel the expansion of the automotive engine and engine mount sectors in the future. A passenger automobile is defined as a public road motor vehicle, excluding motorcycles, engineered for transporting people, with a maximum seating capacity of nine occupants. Developing beyond traditional hydro mounts, adaptive engine mounts serve the main purpose of enhancing passenger comfort, particularly in passenger vehicles employing engines mounted longitudinally that generate significant vibration. To illustrate this trend, data sourced from Business Today, an Indian business publication, indicated that overall sales of passenger vehicles in May 2022 experienced a substantial surge of 185% compared to the previous year, reaching 251,052 units, contrasting sharply with the 88.04 thousand passenger vehicle units sold in May 2021; consequently, this upward trend in passenger car manufacturing is directly stimulating the market expansion for automotive engines and their associated mounts.
What Are The Major Segment Types Covered In The Automotive Engine and Engine Mounts Market?
The automotive engine and engine mounts market covered in this report is segmented –
1) By Product Type: Elastomer Mounts, Active Hydraulic Mounts, Passive Hydraulic Mounts, Electrohydraulic Mounts
2) By Fuel Type: Gasoline, Diesel, Hybrid, Natural Gas
3) By Sales Channel: OEM, Aftermarket
4) By End User: SUV, Sedan
Subsegments:
1) By Elastomer Mounts: Natural Rubber Mounts, Synthetic Rubber Mounts, Polymer Mounts
2) By Active Hydraulic Mounts: Electrically Controlled Active Mounts, Adaptive Hydraulic Mounts
3) By Passive Hydraulic Mounts: Conventional Hydraulic Mounts, Tuned Hydraulic Mounts
4) By Electrohydraulic Mounts: Electrically Tuned Mounts, Sensor-Based Electrohydraulic Mounts
How Are Emerging Market Trends Shaping The Automotive Engine and Engine Mounts Industry Landscape?
Leading enterprises within the automotive engine and engine mount sectors are embracing collaborative alliances as a means to furnish all-encompassing answers for their clientele; this concept of strategic partnership involves organizations pooling their unique capabilities and assets to realize shared advantages and favorable outcomes. A prime illustration of this occurred in the initial month of 2023 when McLaren Automotive, a luxury vehicle producer hailing from the United Kingdom, established an agreement with Ricardo, a consulting firm specializing in engineering and environmental strategy, also based in the UK; this alliance is specifically geared toward the production of McLaren’s forthcoming V8 power source, and concurrently, both Ricardo and McLaren intend to inject further capital into their Shoreham-based facility dedicated to high-performance engine fabrication, securing the dedication of more than one hundred skilled manufacturing engineers and technical specialists whose focus will be on bringing McLaren’s high-output powertrains to fruition.
Which Leading Companies Dominate The Automotive Engine and Engine Mounts Market Share?
Major companies operating in the automotive engine and engine mounts market include Mitsubishi Heavy Industries Ltd., Cummins Inc., Continental AG, Y-Tec India Pvt Ltd, Trinity Auto Engineering Pvt Ltd, Scania AB, Hutchinson SA, Cooper Standard Automotive Inc, Trelleborg AB, Toyo Tire U.S.A. Corp, BWI Group, S M International, Sumitomo Riko Company Limited, Yamashita Rubber Co Ltd, WanLi Topshine, Hyundai Motor Company, Fiat Chrysler Automobiles, Roechling Group, Autoneum Holding AG, Trocellen Group, BASF SE, Johnson Matthey, Klarius Products Ltd., Umicore, Tenneco Inc., DCL International Inc., Ecocat India Pvt Ltd, N.E. CHEMCAT CORPORATION, Vibracoustic GmbH, Federal-Mogul LLC, Dana Holding Corporation, Mahle GmbH, BorgWarner Inc.
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Which Regional Markets Are Contributing Most To The Automotive Engine and Engine Mounts Industry Expansion?
Europe was the largest region in the automotive engine and engine mounts market in 2024. The regions covered in the automotive engine and engine mounts market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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