Global Aftermarket Automotive Control Arm Market Growth 2023-2029
Control arm is a piece of a vehicle's suspension, it is a hinged suspension link between the chassis and the suspension upright or hub that carries the wheel. A vehicle's suspension is a complexity of geometry and leverage. The front suspensions in most vehicles manufactured today not only steer the vehicle, but also drive the vehicle. Front-wheel drive designs rely on a control arm to counteract the engine's torque. By placing an engine torque limiter arm between the engine and the vehicle's chassis, the vehicle is able to be easily steered while applying power to the engine. Without this arm, the vehicle would be nearly impossible to steer when a driver applies power to the wheels.
LPI (LP Information)' newest research report, the “Aftermarket Automotive Control Arm Industry Forecast” looks at past sales and reviews total world Aftermarket Automotive Control Arm sales in 2022, providing a comprehensive analysis by region and market sector of projected Aftermarket Automotive Control Arm sales for 2023 through 2029. With Aftermarket Automotive Control Arm sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aftermarket Automotive Control Arm industry.
This Insight Report provides a comprehensive analysis of the global Aftermarket Automotive Control Arm landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aftermarket Automotive Control Arm portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aftermarket Automotive Control Arm market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aftermarket Automotive Control Arm and breaks down the forecast by materials, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aftermarket Automotive Control Arm.
The global Aftermarket Automotive Control Arm market size is projected to grow from US$ 601.2 million in 2022 to US$ 799.2 million in 2029; it is expected to grow at a CAGR of 799.2 from 2023 to 2029.
Aftermarket Automotive Control Arm companies include ZF Aftermarket and Schaeffler etc. The top 2 companies hold a share about 15%. Asia-Pacific takes up the largest sales market, with a share about 40%, followed by Europe and North America with the share about 30%and 25%.
This report presents a comprehensive overview, market shares, and growth opportunities of Aftermarket Automotive Control Arm market by product materials, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by materials
Steel Control Arms
Aluminum Control Arms
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ZF Aftermarket
Schaeffler
Dorman Products
Mevotech
MOOG
DLZ
MEYLE
Central Corporation
Delphi
RTS S.A.
Teknorot
Ferdinand Bilstein
Sankei
Aisin
Sidem
ACDelco
Teenray
Key Questions Addressed in this Report
What is the 10-year outlook for the global Aftermarket Automotive Control Arm market?
What factors are driving Aftermarket Automotive Control Arm market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aftermarket Automotive Control Arm market opportunities vary by end market size?
How does Aftermarket Automotive Control Arm break out materials, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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