Automotive Suspension Market (2030) Trends Assessment and Descriptive Analysis

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Automotive Suspension Market was valued at US$ 43.47 Bn. in 2022. Global Automotive Suspension Market size is expected to grow at a CAGR of 3.5 % through the forecast period.

Automotive Suspension Market Report Overview

The Automotive Suspension industry report is a combination of primary and secondary research methods. It includes a detailed analysis of global and regional Automotive Suspension market size with market dynamics and regional insights makes the report an investor’s guide. 

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Automotive Suspension Market Segmentation

According to System, In 2022, the market was led by the passive category with 83.73%. This suspension system is the most common suspension system found in most standard passenger cars. This is a passive mechanism that is extensively used in all cheap cars. Moreover, accessibility makes replacement and maintenance-related jobs more feasible. This system is also a great option for low- and mid-range cars due to its price.

by System

Passive
Active
Semi-Active


by Component

Shock Dampener
Struts
Control Arm
Ball Joint
Air Compressor


by Suspension Type

Hydraulic Suspension
Air Suspension
Leaf Spring


by Vehicle Type

Two Wheelers
Passenger Cars
Commercial Vehicles

 

Automotive Suspension Market Key Players

1. ZF Friedrichshafen AG (Germany) 2. Continental AG (Germany) 3. Mando Corporation (South Korea) 4. Thyssenkrupp AG (Germany) 5. Morelli Corporation (Japan) 6. KYB Corporation (Japan) 7. Tenneco Inc. (U.S.) 8. BENTELER (Austria) 9. NHK Spring (Japan) 10. Sogefi S.P.A (Italy) 11. WABCO (France) 12. FOX Factory, Inc. (U.S)

Automotive Suspension Market Report Scope and Research Methodology

The objective of this report is to identify the opportunities, restraints, challenges, and drivers for the global Automotive Suspension market. The Maximize Market Research Analyst conducted surveys with Automotive Suspension companies, and the respondents were also asked about their competitors. Through secondary research, the analyst sourced a list of companies in the industry and provided a detailed examination of the macroeconomic and microeconomic factors that have shaped the Automotive Suspension industry dynamics. The report also offers a SWOT analysis, PESTLE analysis, and Porter's five force analysis of key players and markets, which provides key insights into these companies' strengths and weaknesses.

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Automotive Suspension Market Regional Analysis

The report includes a detailed analysis of several key countries including Automotive Suspension market size, CAGR, drivers, restraints, opportunities, challenges and a detailed analysis of key players. The regions and the countries covered in the report are:

    • North America (U.S., Canada, Mexico)
    • Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
    • Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC)
    • South America (Brazil)

 

  • The Middle East and Africa

 

 

Key Questions answered in the Automotive Suspension Market Report are:

 

  • What is Automotive Suspension?
  • What was the Automotive Suspension Market size in 2022?

 

  • What will be the CAGR of the Automotive Suspension market during the forecast period?
  • Which region held the largest Automotive Suspension market share in 2022?
  • What are the factors driving the growth of the Automotive Suspension Market?
  • What factors are hampering the Automotive Suspension market growth?
  • Who are the Automotive Suspension key players in the industry?
  • What growth strategies are the players considering to increase their presence in Automotive Suspension Market?

Key offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis of segments and sub-segments
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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