Suspension System Industry Research Report 2024

Suspension System Industry Research Report 2024


Summary

According to APO Research, The global Suspension System market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Suspension System is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Suspension System is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Suspension System is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global companies of Suspension System include ZF, TENNECO, KYB Corporation, Hitachi Automotive Systems, ADD Industry, Bilstein, BWI Group, Continental and KONI, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Suspension System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Suspension System.
The Suspension System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Suspension System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

ZF
TENNECO
KYB Corporation
Hitachi Automotive Systems
ADD Industry
Bilstein
BWI Group
Continental
KONI
Mando
Mercedes-Benz
Porsche
SAF-Holland
Wabco
Gabriel
ALKO
KW
Tein inc
Ohlins
Meritor
Hendrickson
H&R
Eibach
D2 Racingsport
AST suspension
Suspension System segment by Type

Air Suspension System
Hydraulic Suspension System
Electromagnetic Suspension System
Electro-hydraulic Suspension System
Suspension System Segment by Application

Passenger Cars
Commercial Vehicles
Suspension System Segment by Region

North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Suspension System market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Suspension System and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Suspension System.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Suspension System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Suspension System by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030)
2.2.2 Air Suspension System
2.2.3 Hydraulic Suspension System
2.2.4 Electromagnetic Suspension System
2.2.5 Electro-hydraulic Suspension System
2.3 Suspension System by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030)
2.3.2 Passenger Cars
2.3.3 Commercial Vehicles
2.4 Assumptions and Limitations
3 Suspension System Breakdown Data by Type
3.1 Global Suspension System Historic Market Size by Type (2019-2024)
3.2 Global Suspension System Forecasted Market Size by Type (2025-2030)
4 Suspension System Breakdown Data by Application
4.1 Global Suspension System Historic Market Size by Application (2019-2024)
4.2 Global Suspension System Forecasted Market Size by Application (2019-2024)
5 Global Growth Trends
5.1 Global Suspension System Market Perspective (2019-2030)
5.2 Global Suspension System Growth Trends by Region
5.2.1 Global Suspension System Market Size by Region: 2019 VS 2023 VS 2030
5.2.2 Suspension System Historic Market Size by Region (2019-2024)
5.2.3 Suspension System Forecasted Market Size by Region (2025-2030)
5.3 Suspension System Market Dynamics
5.3.1 Suspension System Industry Trends
5.3.2 Suspension System Market Drivers
5.3.3 Suspension System Market Challenges
5.3.4 Suspension System Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Suspension System Players by Revenue
6.1.1 Global Top Suspension System Players by Revenue (2019-2024)
6.1.2 Global Suspension System Revenue Market Share by Players (2019-2024)
6.2 Global Suspension System Industry Players Ranking, 2022 VS 2023 VS 2024
6.3 Global Key Players of Suspension System Head office and Area Served
6.4 Global Suspension System Players, Product Type & Application
6.5 Global Suspension System Players, Date of Enter into This Industry
6.6 Global Suspension System Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Suspension System Market Size (2019-2030)
7.2 North America Suspension System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 North America Suspension System Market Size by Country (2019-2024)
7.4 North America Suspension System Market Size by Country (2025-2030)
7.5 United States
7.6 Canada
8 Europe
8.1 Europe Suspension System Market Size (2019-2030)
8.2 Europe Suspension System Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Europe Suspension System Market Size by Country (2019-2024)
8.4 Europe Suspension System Market Size by Country (2025-2030)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Russia
8.10 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Suspension System Market Size (2019-2030)
9.2 Asia-Pacific Suspension System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Asia-Pacific Suspension System Market Size by Country (2019-2024)
9.4 Asia-Pacific Suspension System Market Size by Country (2025-2030)
9.5 China
9.6 Japan
9.7 South Korea
9.8 Southeast Asia
9.9 India
9.10 Australia
10 Latin America
10.1 Latin America Suspension System Market Size (2019-2030)
10.2 Latin America Suspension System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Latin America Suspension System Market Size by Country (2019-2024)
10.4 Latin America Suspension System Market Size by Country (2025-2030)
10.5 Mexico
10.6 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Suspension System Market Size (2019-2030)
11.2 Middle East & Africa Suspension System Market Growth Rate by Country: 2019 VS 2023 VS 2030
11.3 Middle East & Africa Suspension System Market Size by Country (2019-2024)
11.4 Middle East & Africa Suspension System Market Size by Country (2025-2030)
11.5 Turkey
11.6 Saudi Arabia
11.7 UAE
12 Players Profiled
12.1 ZF
12.1.1 ZF Company Information
12.1.2 ZF Business Overview
12.1.3 ZF Revenue in Suspension System Business (2019-2024)
12.1.4 ZF Suspension System Product Portfolio
12.1.5 ZF Recent Developments
12.2 TENNECO
12.2.1 TENNECO Company Information
12.2.2 TENNECO Business Overview
12.2.3 TENNECO Revenue in Suspension System Business (2019-2024)
12.2.4 TENNECO Suspension System Product Portfolio
12.2.5 TENNECO Recent Developments
12.3 KYB Corporation
12.3.1 KYB Corporation Company Information
12.3.2 KYB Corporation Business Overview
12.3.3 KYB Corporation Revenue in Suspension System Business (2019-2024)
12.3.4 KYB Corporation Suspension System Product Portfolio
12.3.5 KYB Corporation Recent Developments
12.4 Hitachi Automotive Systems
12.4.1 Hitachi Automotive Systems Company Information
12.4.2 Hitachi Automotive Systems Business Overview
12.4.3 Hitachi Automotive Systems Revenue in Suspension System Business (2019-2024)
12.4.4 Hitachi Automotive Systems Suspension System Product Portfolio
12.4.5 Hitachi Automotive Systems Recent Developments
12.5 ADD Industry
12.5.1 ADD Industry Company Information
12.5.2 ADD Industry Business Overview
12.5.3 ADD Industry Revenue in Suspension System Business (2019-2024)
12.5.4 ADD Industry Suspension System Product Portfolio
12.5.5 ADD Industry Recent Developments
12.6 Bilstein
12.6.1 Bilstein Company Information
12.6.2 Bilstein Business Overview
12.6.3 Bilstein Revenue in Suspension System Business (2019-2024)
12.6.4 Bilstein Suspension System Product Portfolio
12.6.5 Bilstein Recent Developments
12.7 BWI Group
12.7.1 BWI Group Company Information
12.7.2 BWI Group Business Overview
12.7.3 BWI Group Revenue in Suspension System Business (2019-2024)
12.7.4 BWI Group Suspension System Product Portfolio
12.7.5 BWI Group Recent Developments
12.8 Continental
12.8.1 Continental Company Information
12.8.2 Continental Business Overview
12.8.3 Continental Revenue in Suspension System Business (2019-2024)
12.8.4 Continental Suspension System Product Portfolio
12.8.5 Continental Recent Developments
12.9 KONI
12.9.1 KONI Company Information
12.9.2 KONI Business Overview
12.9.3 KONI Revenue in Suspension System Business (2019-2024)
12.9.4 KONI Suspension System Product Portfolio
12.9.5 KONI Recent Developments
12.10 Mando
12.10.1 Mando Company Information
12.10.2 Mando Business Overview
12.10.3 Mando Revenue in Suspension System Business (2019-2024)
12.10.4 Mando Suspension System Product Portfolio
12.10.5 Mando Recent Developments
12.11 Mercedes-Benz
12.11.1 Mercedes-Benz Company Information
12.11.2 Mercedes-Benz Business Overview
12.11.3 Mercedes-Benz Revenue in Suspension System Business (2019-2024)
12.11.4 Mercedes-Benz Suspension System Product Portfolio
12.11.5 Mercedes-Benz Recent Developments
12.12 Porsche
12.12.1 Porsche Company Information
12.12.2 Porsche Business Overview
12.12.3 Porsche Revenue in Suspension System Business (2019-2024)
12.12.4 Porsche Suspension System Product Portfolio
12.12.5 Porsche Recent Developments
12.13 SAF-Holland
12.13.1 SAF-Holland Company Information
12.13.2 SAF-Holland Business Overview
12.13.3 SAF-Holland Revenue in Suspension System Business (2019-2024)
12.13.4 SAF-Holland Suspension System Product Portfolio
12.13.5 SAF-Holland Recent Developments
12.14 Wabco
12.14.1 Wabco Company Information
12.14.2 Wabco Business Overview
12.14.3 Wabco Revenue in Suspension System Business (2019-2024)
12.14.4 Wabco Suspension System Product Portfolio
12.14.5 Wabco Recent Developments
12.15 Gabriel
12.15.1 Gabriel Company Information
12.15.2 Gabriel Business Overview
12.15.3 Gabriel Revenue in Suspension System Business (2019-2024)
12.15.4 Gabriel Suspension System Product Portfolio
12.15.5 Gabriel Recent Developments
12.16 ALKO
12.16.1 ALKO Company Information
12.16.2 ALKO Business Overview
12.16.3 ALKO Revenue in Suspension System Business (2019-2024)
12.16.4 ALKO Suspension System Product Portfolio
12.16.5 ALKO Recent Developments
12.17 KW
12.17.1 KW Company Information
12.17.2 KW Business Overview
12.17.3 KW Revenue in Suspension System Business (2019-2024)
12.17.4 KW Suspension System Product Portfolio
12.17.5 KW Recent Developments
12.18 Tein inc
12.18.1 Tein inc Company Information
12.18.2 Tein inc Business Overview
12.18.3 Tein inc Revenue in Suspension System Business (2019-2024)
12.18.4 Tein inc Suspension System Product Portfolio
12.18.5 Tein inc Recent Developments
12.19 Ohlins
12.19.1 Ohlins Company Information
12.19.2 Ohlins Business Overview
12.19.3 Ohlins Revenue in Suspension System Business (2019-2024)
12.19.4 Ohlins Suspension System Product Portfolio
12.19.5 Ohlins Recent Developments
12.20 Meritor
12.20.1 Meritor Company Information
12.20.2 Meritor Business Overview
12.20.3 Meritor Revenue in Suspension System Business (2019-2024)
12.20.4 Meritor Suspension System Product Portfolio
12.20.5 Meritor Recent Developments
12.21 Hendrickson
12.21.1 Hendrickson Company Information
12.21.2 Hendrickson Business Overview
12.21.3 Hendrickson Revenue in Suspension System Business (2019-2024)
12.21.4 Hendrickson Suspension System Product Portfolio
12.21.5 Hendrickson Recent Developments
12.22 H&R
12.22.1 H&R Company Information
12.22.2 H&R Business Overview
12.22.3 H&R Revenue in Suspension System Business (2019-2024)
12.22.4 H&R Suspension System Product Portfolio
12.22.5 H&R Recent Developments
12.23 Eibach
12.23.1 Eibach Company Information
12.23.2 Eibach Business Overview
12.23.3 Eibach Revenue in Suspension System Business (2019-2024)
12.23.4 Eibach Suspension System Product Portfolio
12.23.5 Eibach Recent Developments
12.24 D2 Racingsport
12.24.1 D2 Racingsport Company Information
12.24.2 D2 Racingsport Business Overview
12.24.3 D2 Racingsport Revenue in Suspension System Business (2019-2024)
12.24.4 D2 Racingsport Suspension System Product Portfolio
12.24.5 D2 Racingsport Recent Developments
12.25 AST suspension
12.25.1 AST suspension Company Information
12.25.2 AST suspension Business Overview
12.25.3 AST suspension Revenue in Suspension System Business (2019-2024)
12.25.4 AST suspension Suspension System Product Portfolio
12.25.5 AST suspension Recent Developments
13 Report Conclusion
14 Disclaimer

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