Automotive Suspension Market By System; By Vehicle Type; By Component; By Damping; By Geometry; By Region, Segments & Forecast, 2024

Description

The worldwide Automotive Suspension Market is anticipated to reach USD 59.48 billion by 2032 according to a new study published by Polaris Market Research. 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 growing popularity of luxury automobiles boosts 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 of 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 has 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 the market growth in the region. Expansion of global players into these countries to tap market potential boosts the 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.

Product Code: PM1446

1. Overview and Scope

1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
- 1.3.1. Primary data sources
- 1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders

2. Executive Summary

2.1. Market Definition
2.2. Market Segmentation

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
  - 3.3.1.1. Automotive Suspension Market Driver Analysis
  - 3.3.1.2. Automotive Suspension Market Restraint/Challenges analysis
  - 3.3.1.3. 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, 2019 - 2032

4.1. Key Findings
4.2. Active Suspension
4.3. Passive Suspension
4.4. Semi-Active Suspension

5. Automotive Suspension Market Size and Forecast by Vehicle Type, 2019 - 2032

5.1. Key Findings
5.2. Passenger Cars
5.3. Light Commercial Vehicles
5.4. Heavy Commercial Vehicles

6. Automotive Suspension Market Size and Forecast by Component, 2019 - 2032

6.1. Key Findings
6.2. Strut
6.3. Shock Absorber
6.4. Leaf Spring
6.5. Ball Joint
6.6. Air Spring
6.7. Control Arm
6.8. Coil Spring
6.9. Others

7. Automotive Suspension Market Size and Forecast by Damping, 2019 - 2032

7.1. Key Findings
7.2. Hydraulic
7.3. Electromagnetic

8. Automotive Suspension Market Size and Forecast by Geometry, 2019 - 2032

8.1. Key Findings
8.2. Independent Suspension
8.3. Semi-Independent Suspension
8.4. Dependent Suspension

9. Automotive Suspension Market Size and Forecast by Region, 2019 - 2032

9.1. Key Findings
9.2. North America
- 9.2.1. U.S.
- 9.2.2. Canada
- 9.2.3. Mexico
9.3. Europe
- 9.3.1. Germany
- 9.3.2. UK
- 9.3.3. France
- 9.3.4. Italy
- 9.3.5. Rest of Europe
9.4. Asia-Pacific
- 9.4.1. China
- 9.4.2. India
- 9.4.3. Japan
- 9.4.4. Rest of Asia-Pacific
9.5. Latin America
- 9.5.1. Brazil
9.6. Middle East & Africa

10. Company Profiles

10.1. Multimatic Inc.
- 10.1.1. Overview
- 10.1.2. Financials
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Developments
10.2. Continental AG
- 10.2.1. Overview
- 10.2.2. Financials
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Developments
10.3. ZF TRW
- 10.3.1. Overview
- 10.3.2. Financials
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Developments
10.4. Tenneco Inc.
- 10.4.1. Overview
- 10.4.2. Financials
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Developments
10.5. Hendrickson USA, L.L.C
- 10.5.1. Overview
- 10.5.2. Financials
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Developments
10.6. Thyssenkrupp AG
- 10.6.1. Overview
- 10.6.2. Financials
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Developments
10.7. Magneti Marelli S.p.A
- 10.7.1. Overview
- 10.7.2. Financials
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Developments
10.8. Sogefi SpA
- 10.8.1. Overview
- 10.8.2. Financials
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Developments
10.9. WABCO Holdings Inc.
- 10.9.1. Overview
- 10.9.2. Financials
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Developments
10.10. NHK Spring Co., Ltd.
- 10.10.1. Overview
- 10.10.2. Financials
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Developments

Automotive Suspension Market By System; By Vehicle Type; By Component; By Damping; By Geometry; By Region, Segments & Forecast, 2024 - 2032