Connecting rods, placed between piston and crankshaft converts the linear reciprocating motion of piston to a rotary motion for engine power transmission. They are subject to extremely high mechanical impacts, rotational moments and high temperatures.
The classification of Connecting Rod Assembly includes Iron Connecting Rod, Aluminum Connecting Rod, Steel Connecting Rod, and the proportion of Steel Connecting Rod in 2015 is 81.54%.
China region is the largest supplier of Connecting Rod Assembly, with a production market share nearly 30% in 2015. Europe is the second largest supplier of Connecting Rod Assembly, enjoying production market share nearly 22% in 2015.
The worldwide market for Connecting Rod Assembly is expected to grow at a CAGR of roughly 4.1% over the next five years, will reach 3200 million US$ in 2024, from 2510 million US$ in 2019.
Global Connecting Rod Assembly Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.Connecting Rod Assembly Industry report also provides essential attributes associated with Connecting Rod Assembly market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global Connecting Rod Assembly Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.Connecting Rod Assembly business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents Connecting Rod Assembly market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Fujita Iron Works
Market Segment by Type, covers:
Iron Connecting Rod
Aluminum Connecting Rod
Steel Connecting Rod
Market Segment by Applications, can be divided into:
Industrial Machinery Engine
The prospective of this Connecting Rod Assembly industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, Connecting Rod Assembly present market share and future prospects of the segment in terms of has also been explored in this report.
Global Connecting Rod Assembly market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. Connecting Rod Assembly report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
Conclusively, the Connecting Rod Assembly Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.