Monday, July 1, 2024

Idler arm Market Size, Share, Growth & Trends Analysis Report, Competitive Landscape By 2024-2032

 Idler arm Market Share

Various factors are propelling the global  Idler arm Market Share growth. According to the latest MRFR report, such factors include the growing preference for heavy and light commercial vehicles, an increase in innovations and advancements with regards to perfect handling, increasing fleet size of automotive vehicle, the introduction of greasable automotive idler arm, and increasing production & sales of electric cars. 

The global  Idler arm Market Share is predicted to touch USD 5.4 billion at a 4.1% CAGR amid 2023- 2032, according to the recent Market Research Future (MRFR) analysis. An idler arm is the right component to improve the alignment of a car. It is also called steering idler arm and is made of different materials such as carbon steel, iron, alloy steel, and others. This offers pivoting support to the steering linkage. This is made of a rod that pivots on the bracket bolted to the car’s frame on one end & supports ball socket at the other end. 

On the contrary, uncertain trade policies, volatility in raw material prices, and the impact of the COVID-19 outbreak are some factors that may limit the global  Idler arm Market Share growth over the forecast period. 

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Idler arm Market Share Key Players 

  • Datta Industries (India)
  • Sankei Industry Co. Ltd (Japan)
  • Rare Parts Inc. (US)
  • High Link Autoparts Co. Ltd (Taiwan)
  • ACDelco (US)
  • GMB Corporation Japan (Japan)
  • Ningbo Motor Industrial Co. Ltd (China)
  • Mevotech (Canada)
  • Chase Steering Parts Co. (Taiwan)
  • Emerson Forge Pvt. Ltd (India)

What does an idler arm do?

An idler arm is a component in a vehicle's steering system. It supports the steering linkage on the passenger side of the vehicle. The idler arm works in conjunction with the pitman arm to ensure the steering linkage remains stable and properly aligned, allowing for smooth and controlled steering.

What is an idler or pitman arm?

  • Idler Arm: The idler arm is a pivoting support for the steering linkage and is usually attached to the vehicle's frame on the passenger side. It works to support the center link of the steering system, allowing it to move parallel to the pitman arm.
  • Pitman Arm: The pitman arm is attached to the steering gear (or steering box) and translates the rotational movement of the steering wheel into the linear movement necessary to steer the wheels. It connects to the center link, which then directs the movement to the wheels.

What happens when an idler arm goes bad?

When an idler arm goes bad, several symptoms can arise:

  1. Steering Play: There can be excessive play or looseness in the steering, making the vehicle harder to control.
  2. Vibration: The steering wheel may vibrate or shake, especially when driving over bumps or rough roads.
  3. Uneven Tire Wear: Poor alignment caused by a faulty idler arm can lead to uneven tire wear.
  4. Steering Wander: The vehicle may drift or wander, requiring constant correction by the driver to maintain a straight path.

How important is an idler arm?

The idler arm is crucial for the proper functioning of a vehicle's steering system. A faulty idler arm can compromise vehicle control and safety, leading to handling issues and potentially causing accidents. Regular inspection and maintenance of the idler arm are essential to ensure safe and reliable steering performance.

 Idler arm Market Share Segmentation

The MRFR report provides an inclusive segmental analysis of the global  Idler arm Market Share based on vehicle type, sales channel, and material. 

·       By material, the global  Idler arm Market Share is segmented into carbon steel, iron, alloy steel, and others. 

·       By sales channel, the global idler market is segmented into aftermarket and OEM. 

·       By vehicle type, the global idler market is segmented into heavy commercial vehicle, light commercial vehicle, and passenger car. 

Idler arm Market Share Regional Analysis

Based on the region, the global  Idler arm Market Share report covers the recent trends and growth opportunities across the Americas, the Asia Pacific (APAC), Europe & the Middle East and Africa (MEA). Of these, the APAC region is predicted to dominate the market over the forecast period. The presence of developing economies such as Indonesia, Malaysia, South Korea, Japan, India, and China, the availability of low-cost idler arm, and the highest consumption and production of vehicles are adding to the global  Idler arm Market Share growth in the region. 

The global  Idler arm Market Share in North America is predicted to have healthy growth over the forecast period. The US holds the maximum share in the market, followed by Mexico. The booming e-commerce industry in Canada & the US and the demand for light commercial vehicles are adding to the global  Idler arm Market Share growth in the region. 

The global  Idler arm Market Share in Europe is predicted to have healthy growth over the forecast period. The presence of developed infrastructure and developed nations and introduced strict government standards for the occupant and vehicle safety are adding to the  Idler arm Market Share growth in the region. Germany, the UK, and France have the maximum share in the market. 

The global  Idler arm Market Share in the MEA is predicted to have sound growth over the forecast period. Underdeveloped road infrastructure and an increase in vehicle production are adding to the global  Idler arm Market Share growth in the region. 

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