Report ID: SQMIG25A2499
Report ID: SQMIG25A2499
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Report ID:
SQMIG25A2499 |
Region:
Global |
Published Date: August, 2025
Pages:
181
|Tables:
88
|Figures:
71
Global Automotive Connecting Rod Market size was valued at USD USD 45.64 Billion in 2024 and is poised to grow from USD 47.24 Billion in 2025 to USD 62.21 Billion by 2033, growing at a CAGR of 3.5% during the forecast period (2026–2033).
Increasing vehicle production, growth in demand for fuel-efficient engines, higher usage of lightweight materials and an abundance of performance vehicles is going to create more demand for automotive connecting rods.
The rapidly expanding automotive market is opening-up demand for connecting rods traditionally found in internal combustion engines. The use of forged and powder metal connecting rods are also being embraced as manufacturers transition to a greener environment with engines that require strength, performance and durability - using lightweight material such as aluminum, which are being forged and cast there now making strides with the environmental and emissions standards. The growth of the market is positively influenced by increased production of performance and luxury vehicles, which require high-end connecting rods, as per automotive connecting rod market statistics. Additionally, changes in manufacturing practices and the rising demand for cost-effective, high-volume production are contributing to market expansion.
The increasing price of raw materials, increasing demand for electric vehicles with stricter emission norms which reduces the use of internal combustion engines, and costly new advanced forging technologies will have an impact on the global automotive connecting rod market growth.
How is the Growth of EVs Impacting the Automotive Connecting Rod Market?
Electric vehicles are changing the automotive connecting rods market outlook, resulting in a reduction in long-term demand for internal combustion engine (ICE) components. Since EVs do not contain a traditional engine and only use components, the need for connecting rods which are used to connect the crankshaft to the piston in ICEs is no longer needed. As this market is shifting, manufacturers are beginning to change how they are producing connecting rods, looking for strategies to expand portfolio offerings, and exploring new markets such as hybrid vehicles or aftermarket activities where no longer developing connecting rods for ICE. In the short term, there remains a steady demand for internal combustion engines (ICE) in emerging global markets. This continues to support the automotive connecting rod market. However, in the long term, the dynamics of the market are shifting. With the increasing adoption of electric vehicles (EVs), the competitive landscape for connecting rods is evolving significantly.
Market snapshot - 2026-2033
Global Market Size
USD 44.1 Billion
Largest Segment
Forged connecting rods
Fastest Growth
Powder metal connecting rods
Growth Rate
3.5% CAGR
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Global automotive connecting rod market is segmented by process type, vehicle type, material, and region. Based on process type, the market is segmented into forged, cast rods and powder metals. Based on vehicle type, the market is segmented into passenger car and commercial vehicle. Based on material, the market is segmented into steel and aluminum. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America.
Steel connecting rods currently dominate the automotive connecting rod market as they are the most durable, strongest and the most cost-effective, and they remain essential to heavy-duty engines and performance vehicles due to long-term reliability and ruggedness in demanding applications. The established market is solidified with the manufacturing processes of steel rod being further developed and advanced, and its widespread application in multiple situations has spurned continued emphasis moving forward.
Aluminium connecting rods are gaining automotive connecting rod market. Traditionally, connecting rods have been made from forged steel or cast iron due to their strength and durability. However, advancements in metallurgy and manufacturing techniques are now enabling the use of aluminum alloys in this critical engine component. The key advantage of aluminum lies in its lightweight properties—it is significantly lighter than steel, which directly contributes to reducing the overall mass of the engine’s reciprocating components. This weight reduction translates to faster engine response, higher RPM capabilities, and improved acceleration, making aluminum connecting rods especially attractive for high-performance and racing applications.
The Forged process type represents the largest automotive connecting rod market share. Forging improves the grain structure of the metal while forming the connecting rod, resulting in connections that can withstand the extreme stresses present in high power engine applications. This provides the strongest possible connecting rods that is clearly needed in high-performance and commercial vehicle applications.
Powder metals are the fastest-growing segment in the connecting rod market. These types of connecting rods can provide a cost-effective solution that can produce lightweight, high-strength components and having the added advantage of material properties that can be intimately controlled. All of this provides advantages to mass production with significant weight reductions for mass production vehicles.
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As per automotive connecting rod market outlook, North America leads in global market due to strong demand for high-performance vehicles and continuous development in designs and technology. The presence of original equipment manufacturers like Ford and General Motors is further strengthened by a robust aftermarket industry that fosters innovation in connecting rod design, materials, or both. In addition, North America is prioritizing the development of lightweight yet durable connecting rods to meet strict fuel efficiency and emissions reduction standards.
The increasing volume of vehicle production, the ongoing trend of engine downsizing, and the rise in demand for fuel efficiency all contribute to the growth of the U.S. automotive connecting rod market. High performance and lightweight materials such as forged steel and aluminum alloys continue to support the growth side of the market and spur innovation. The focus on complying with emissions regulations and the greater interest in hybrid vehicle technologies continues to increase market growth. Overall demand is present in both the OEM sector and the aftermarket sector.
The Canadian automotive connecting rod market is spurred by stable vehicle production, a desire for efficient engines, and the continuing evolution of lightweight materials. Growth in hybrid and electric vehicles will continue to increase innovation in connecting rod applications. Demand from the aftermarket is steady for connecting rods since the fleet is becoming older. However, OEMs have a lot of space for innovation in connecting rods form of designs through the strong focus on emissions regulations and some improvements in engine performance.
The Asia Pacific region has become a favorable place for connecting rod suppliers because of the high volume of vehicle production in the region, especially in China, India and Japan. In addition, the region has low-cost manufacturing, plenty of raw materials, and well-educated workers. With a growing middle-class population driving demand for personal vehicles, rising vehicle exports from the region, and favorable government policies, the Asia Pacific region presents significant opportunities for global players to expand their operations and form strategic partnerships by aligning with key automotive connecting rod market strategies.
The automotive connecting rod market in Japan is fueled by its strong automotive manufacturing base, advanced engineering capabilities, and focus on high performance, fuel-efficient engines. OEMs in Japan have higher precision and quality standards that increase demand for forged, lightweight connecting rods. The increasing innovation of hybrid and electric vehicles is adding material and design upgrades and demand in the aftermarket sector is steady due to the huge aging vehicle fleet.
The automotive connecting rod market in South Korea benefits from a strong local automotive industry, specifically with recognized OEMs like Hyundai and Kia. The market is in a state of demand for new engine performance and efficiency along with lighter structures and technological developments that currently are yielding next generation connecting rods. With new hybrid and electric vehicles comes new design specifications but the overall steady aftermarket volume stimulates stability for the market.
Automotive connecting rod companies in Europe have considerable opportunities to tap into an established automotive industry, strong original equipment manufacturer presence and strict emissions regulations are causing a demand for lighter and more efficient automotive engine components. Additionally, the transition to hybrid and electric vehicles is exceptionally stimulating innovation as well as continuing/expanding R&D initiatives, while the aftermarket sector in Europe being more established than in other regions provides further attractiveness for the automotive connecting rod industry.
The automotive connecting rod business in the UK has a strong engineering base of premium vehicle manufacturers, and a desire for lightweight "performance" components; emission regulations influencing OEM developments towards hybrid / electric vehicles will also generate innovations in materials and design characteristics therein. The aftermarket segment also plays a role in consistent growth through an aging vehicle fleet and maintenance needs across the on-road vehicle population in the UK.
Germany's automotive connecting rod market is driven by a world-leading automotive sector, advanced manufacturing technologies, and a focus on high-performance engines. The automotive connecting rod market is trending towards lightweight yet durable connecting rods, a trend that is expected to strengthen further due to tightening emission regulations and increasing efficiency goals. Market growth and innovation are also being driven by strong R&D capabilities, the presence of premium OEMs, and the development of hybrid solutions as the industry transitions to more widespread hybrid powertrains.
The France automotive connecting rods market is supported by a strong automotive manufacturing base and its relative focus on high-performance and luxury vehicles. The increase in hybrid and electric vehicle production will also begin to affect demand for connecting rods that are lightweight and durable. New forging and material technologies, along with the push for greener mobility in France, will spur innovation in this components sector.
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Increasing Production of Vehicles
Demand for lightweight and strong looking parts
Growing use of EV Indication
Fluctuation in Raw Material Prices
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Automotive connecting rods manufacturers will need to focus on creating lighter and stronger parts to keep up with stricter emission requirements and increasing fuel efficiency. As seen in this automotive connecting rod market report, new techniques of manufacturing, along with material changes, will create significant opportunities for businesses.
There are multiple startups operating in the automotive connecting rod market, driving innovation through advanced manufacturing processes and use of lightweight, high-performance materials. As emission regulations tighten and performance standards rise, startups that can deliver functionally superior, ultra-lightweight, and digitally smart connecting rods are well positioned to complement traditional players and carve out new market segments.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the automobile connecting rod market is not only driven by the continuous manufacturing of internal combustion engine vehicles but also from the demand for high-performance, fuel-efficient engines. Expect a headwind of declining demand due to the high adoption and production of electric vehicles (EVs) and new emission standards. The automotive connecting rod market in Asia-Pacific is expected to grow fastest due to increasing automotive manufacturing in the region and the demand for new components. New technologies related to materials and manufacturing processes, especially those related to weight reduction and durability, will help long-term opportunities in this market.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD USD 45.64 |
| Market size value in 2033 | USD 47.24 Billion |
| Growth Rate | 3.5% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Automotive Connecting Rod Market , our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Connecting Rod Market .
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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