Reportocean.com “Global Automotive Suspension Market” research report has been added to its Research Database.
Automotive Suspension Market, [By System (Active Suspension, Passive Suspension, Semi-Active Suspension); By Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles); By Component (Strut, Shock Absorber, Leaf Spring, Ball Joint, Air Spring, Control Arm, Coil Spring, Others); By Damping (Hydraulic, Electromagnetic); By Geometry (Independent Suspension, Semi-Independent Suspension, Dependent Suspension); By Region]: Market Size & Forecast, 2018 – 2026
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The worldwide Automotive Suspension Market is anticipated to reach USD 127.6 billion by 2026. In 2017, the passenger cars segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global automotive suspension market.
The increasing need to offer high-quality driving experience along with enhanced comfort and safety drives the automotive suspension market growth. The increasing production of motor vehicles across the world and the growing popularity of luxury automobiles boost the adoption of automotive suspension. The growing safety concerns have encouraged market players to integrate advanced automotive suspension systems in vehicles to improve the overall driving experience. Factors such as technological advancements and use of light-weight material for suspension systems would fuel the automotive suspension market growth during the forecast period. New emerging markets, increasing demand for automobiles, and growing safety concerns are factors expected to influence the market in the coming years.
Asia-Pacific is expected to lead the global automotive suspension market during the forecast period. Significant investment by market players to improve driving experience coupled with favorable regulations regarding transportation safety drive the growth of Automotive Suspension market in this region. Technological advancement and introduction of advanced automotive suspension systems by the market players have increased the acceptance of automotive suspension systems in the region. The rising demand for luxury vehicles and economic growth in countries such as China and India boost market growth in the region. Expansion of global players into these countries to tap market potential boosts market growth.
The key players operating in the automotive suspension market include Multimatic Inc., Continental AG, Tenneco Inc., ZF TRW, Hendrickson USA, L.L.C, ThyssenKrupp AG, Magneti Marelli S.p.A, Sogefi SpA, WABCO Holdings Inc., and NHK Spring Co., Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Table of Contents
1.Overview and Scope
1.1.Research goal & scope
1.3.1.Primary data sources
1.3.2.Secondary data sources
3.Automotive Suspension Market Insights
3.1.Automotive Suspension – Industry snapshot
3.2.Automotive Suspension – Ecosystem analysis
3.3.Automotive Suspension Market Dynamics
3.3.1.Automotive Suspension – Market Forces
18.104.22.168.Automotive Suspension Market Driver Analysis
22.214.171.124.Automotive Suspension Market Restraint/Challenges analysis
126.96.36.199.Automotive Suspension Market Opportunity Analysis
3.4.Industry analysis – Porter’s five force
3.4.1.Bargaining power of supplier
3.4.2.Bargaining power of buyer
3.4.3.Threat of substitute
3.4.4.Threat of new entrant
3.4.5.Degree of competition
3.5.Automotive Suspension Market PEST Analysis, 2017
3.6.Automotive Suspension Market Value Chain Analysis
3.7.Automotive Suspension Industry Trends
3.8.Competitive Ranking Analysis
4.Automotive Suspension Market Size and Forecast by System, 2018-2026
5.Automotive Suspension Market Size and Forecast by Vehicle Type, 2018-2026
5.3.Light Commercial Vehicles
5.4.Heavy Commercial Vehicles
6.Automotive Suspension Market Size and Forecast by Component, 2018-2026
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Note: The study forecast period can be customized as per the request.
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