Automobile Suspension Market Size Worth USD 67.10 Billion by 2025 | CAGR: 4.3%
The Automobile Suspension market is expected to grow at CAGR of 4.3% to reach USD 67.10 billion by 2025.
Automobile suspension are the group of mechanical components which connect the wheels to the body or frame. There are mainly three types of suspension components namely springs, linkages, and shock absorbers. The linkages are the brackets and bars which support the springs, wheels and shock absorbers. Shock absorbers use cylinders and hydraulic pistons. Springs cushion the vehicle through dampening shock loads from bumps in the road. They also serve to dampen spring oscillations, thereby bring the vehicle back to a normal position after shock.
This report studies the Automobile suspension market size by players, geography, product types and end user industries. This report also analyse the worldwide automobile suspension market competition landscape, sales channels, distributors, industry trends, opportunities and recommendations, risks and entry barriers, and Porter’s Five Forces Analysis.
Top Key Players Covered in this report –
- FOX Factory, Inc.
- Gabriel India Limited
- Fox Factory Tenneco
- WABCO, Continental AG
- ZF TRW
- Tinsley Bridge Group
- KYB Corporation
- Sogefi SpA.
- ThyssenKrupp AG
- Magneti Marelli S.p.A
- Tenneco Inc.,
- ZF Friedrichshafen AG
- Benteler International AG
- Hendrickson USA,L.L.C
- Others
Based on vehicle types, the Automobile Suspension market is segmented into
- Passenger Cars
- Two Wheelers
- Commercial Vehicles
In terms of component, the Automobile Suspension market is divided into
- Air Compressor
- Control Arms
- Shock Dampener
- Ball Joint
- Struts
- Leaf Spring
- Spring
Based on system, the Automobile Suspension market is segmented into
- Semi-Active/Active
- Passive
Depending upon suspension system, the Automobile Suspension market is segmented into
- Leaf Spring
- Hydraulic
- Air
- Others
Depending upon geometry, the Automobile Suspension market is segmented into
- Independent
- Dependent
- Semi Independent
Market, by region is broadly analyzed into;
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
The study objectives of this report are:
- To study and forecast the market size of Automobile Suspension
- To analyse the global key players, and global market share for top players.
- To define, describe and forecast the market by type, distribution channel, region and country
- To analyse and compare the market status and forecast among global industry
- To analyse the global key regions market potential and advantage, opportunity and restraints and risks.
- To identify significant trends and factors driving or restraining the industry growth.
- To analyse the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically profile the key players and analyse their growth strategies.