Automotive Suspension Market by Components (Air Compressor, Ball Joint, Control Arms), Geometry (Dependent Geometry, Independent Geometry, Semi-Independent), Architecture, Vehicle Type - Global Forecast 2023-2030
The Automotive Suspension Market is projected to reach USD 77.23 billion by 2030 from USD 39.67 billion in 2022, at a CAGR of 8.68% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Automotive Suspension Market.
- Based on Components, market is studied across Air Compressor, Ball Joint, Control Arms, Leaf Spring, Shock Dampener, Spring, and Struts. The Control Arms is projected to witness significant market share during forecast period.
- Based on Geometry, market is studied across Dependent Geometry, Independent Geometry, and Semi-Independent. The Dependent Geometry is projected to witness significant market share during forecast period.
- Based on Architecture, market is studied across Front Suspension and Rear Suspension. The Front Suspension is projected to witness significant market share during forecast period.
- Based on Vehicle Type, market is studied across Commercial Vehicle and Passenger Car. The Passenger Car is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Automotive Suspension Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Automotive Suspension Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Automotive Suspension Market, highlighting leading vendors and their innovative profiles. These include BENTELER International AG, BWI Group, Continental AG, Cummins Inc., Eibach, Inc., Fox Factory, Inc., Gabriel India Limited, Hendrickson USA, L.L.C., Hitachi Ltd, HYUNDAI MOBIS Co. Ltd., Infineon Technologies AG, KYB Corporation, Mando Corporation, Marelli Holdings Co., Ltd., Multimatic Inc., NHK Spring Co., Ltd., Parker-Hannifin Corporation, Quigley Motor Company, Inc., Rassini, S.A.P.I. de C.V., RTS S.A., SIDEM NV, Sogefi S.P.A., Tenneco Inc., THK Co., Ltd., thyssenkrupp AG, and ZF Friedrichshafen AG.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Automotive Suspension Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Automotive Suspension Market?
- What is the competitive strategic window for identifying opportunities in the Automotive Suspension Market?
- What are the latest technology trends and regulatory frameworks in the Automotive Suspension Market?
- What is the market share of the leading vendors in the Automotive Suspension Market?
- Which modes and strategic moves are suitable for entering the Automotive Suspension Market?
Please Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Automotive Suspension Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing production and sales of automobiles globally
- 5.1.1.2. Rise in demand for luxury and comfort in vehicles
- 5.1.1.3. Adoption of air suspension systems in heavy commercial vehicles
- 5.1.2. Restraints
- 5.1.2.1. High cost of maintenance and air suspension
- 5.1.3. Opportunities
- 5.1.3.1. Rapid rise in demand for the lightweight suspension system
- 5.1.3.2. Development of regenerative suspension system and other advanced suspension systems
- 5.1.4. Challenges
- 5.1.4.1. Counterfeit suspension products in the aftermarket
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Automotive Suspension Market, by Components
- 6.1. Introduction
- 6.2. Air Compressor
- 6.3. Ball Joint
- 6.4. Control Arms
- 6.5. Leaf Spring
- 6.6. Shock Dampener
- 6.7. Spring
- 6.8. Struts
- 7. Automotive Suspension Market, by Geometry
- 7.1. Introduction
- 7.2. Dependent Geometry
- 7.3. Independent Geometry
- 7.4. Semi-Independent
- 8. Automotive Suspension Market, by Architecture
- 8.1. Introduction
- 8.2. Front Suspension
- 8.3. Rear Suspension
- 9. Automotive Suspension Market, by Vehicle Type
- 9.1. Introduction
- 9.2. Commercial Vehicle
- 9.3. Passenger Car
- 10. Americas Automotive Suspension Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Automotive Suspension Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Automotive Suspension Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. BENTELER International AG
- 14.1.2. BWI Group
- 14.1.3. Continental AG
- 14.1.4. Cummins Inc.
- 14.1.5. Eibach, Inc.
- 14.1.6. Fox Factory, Inc.
- 14.1.7. Gabriel India Limited
- 14.1.8. Hendrickson USA, L.L.C.
- 14.1.9. Hitachi Ltd
- 14.1.10. HYUNDAI MOBIS Co. Ltd.
- 14.1.11. Infineon Technologies AG
- 14.1.12. KYB Corporation
- 14.1.13. Mando Corporation
- 14.1.14. Marelli Holdings Co., Ltd.
- 14.1.15. Multimatic Inc.
- 14.1.16. NHK Spring Co., Ltd.
- 14.1.17. Parker-Hannifin Corporation
- 14.1.18. Quigley Motor Company, Inc.
- 14.1.19. Rassini, S.A.P.I. de C.V.
- 14.1.20. RTS S.A.
- 14.1.21. SIDEM NV
- 14.1.22. Sogefi S.P.A.
- 14.1.23. Tenneco Inc.
- 14.1.24. THK Co., Ltd.
- 14.1.25. thyssenkrupp AG
- 14.1.26. ZF Friedrichshafen AG
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
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