The global anti-vibration mounts market size was evaluated at $6.3 billion in 2022 and is slated to hit $7.8 billion by the end of 2030 with a CAGR of nearly 2.1% between 2023 and 2030.
Anti-vibration mounts are specialized devices that absorb vibration from vehicles, machinery, and a variety of systems. These devices have widespread use in vehicles and enhance fuel economy. Their implementation enhances vehicle safety and comfort. The product reduces noise pollution and improves the usability and performance of technological devices.
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🔰 Major Insights
• According to the projections of our research analyst, the global anti-vibration mounts market will expand at a rate of approximately 2.1% per year over the forecast period (2023-2030).
• In terms of revenue, the global anti-vibration mounts market is anticipated to reach $7.8 billion by 2030, up from an estimated $6.3 billion in 2022.
• The global market for anti-vibration mounts is anticipated to expand at a rapid rate over the period of the forecast. This is due to the rising demand for personalized products among consumers.
➤ Accelerating product penetration in the automotive industry will propel the global market increase through 2030
The expansion of the global anti-vibration mounts market will be driven by increasing consumer demand for personalized products. Moreover, manufacturers are employing wear-resistant and high-temperature polymer materials, which is likely to stimulate the global expansion of the market. Moreover, the cost-effectiveness of these products will contribute to the expansion of the global market. The global market will be driven by the escalating need to improve the performance of vehicles and engineering devices. The expansion of the global market will rely heavily on the introduction of new products and strategic partnerships. For instance, Continental AG signed an agreement with Cooper-Standard Automotive in the fourth quarter of 2018 to acquire its anti-vibration mounts business.
➤ High temperatures degrading the rubber mounts can place brakes on the global industry expansion over 2023-2030
Rubber mounts are utilized extensively in anti-vibration mounts for a variety of industrial applications. Extreme temperatures, however, cause the rubber mount’s limitation to become rigid and degrade. In turn, this can hinder the global expansion of the anti-vibration mounts industry.
➤ In the next eight years, the growing demand for vibration isolation will create a new growth opportunity for the global market
Long-term exposure to a high proportion of vibrations can have a negative effect on the vehicle’s equipment; therefore, vibration isolation is required for long-term operation of equipment. In turn, this will create new growth opportunities for the global market for anti-vibration mounts.
➤ In the future years, the rising demand for noise reduction may pose a threat to the expansion of global industry
Utilization of anti-vibration mounts to reduce pollution from industrial equipment is on the rise, posing a significant challenge to the expansion of the global anti-vibration mounts industry.
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The Global Anti-Vibration Mounts Market is segmented based on product, application and region
Global Anti-Vibration Mounts Market: Product Segment Analysis
● Cylindrical Bobbins
● Silent Marine
● Rubber Sheeting
Global Anti-Vibration Mounts Market: Application Segment Analysis
● Diesel Generators
● Motors
● Household Devices
● Pumps
● HVAC Equipment
● Others
The global anti-vibration mounts market profiles key players such as:
● Farrat
● Conti Tech
● Machine House India Private Limited
● FUKOKU Co. Ltd.
● Pendle Polymer Engineering
● Sumitomo Riko Co. Ltd.
● Hutchinson SA
● IAC Acoustics
● Vibracoustic
● Vibra systems Inc
➤ Asia-Pacific is anticipated to continue to dominate the global market throughout the assessment period
Asia-Pacific, which accounted for approximately two-fifths of the global anti-vibration mounts market’s revenue in 2022, is projected to lead the global market’s revenue in the coming years. Rapid urbanization and industrialization in emerging economies such as China and India can be attributed with the expansion of the regional market. In addition, the need for smaller initial investments and technological advances will drive regional market trends.
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Due to the extensive presence of major players in countries such as Canada and the United States, the North American anti-vibration mounts industry is expected to record the highest CAGR in the coming years. In addition, the growing adoption of rubber-based anti-vibration mounts in the U.S. automotive industry will enhance regional industry trends.
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