Automotive Suspension Market Worth USD 68.84 Billion by 2025, Led by Tenneco (US), KYB (Japan) and Continental (Germany) Players
The key companies profiled in Automotive Suspension Market study are as ZF (Germany), Tenneco (US), KYB (Japan), Continental (Germany), Magneti Marelli (Italy), Mando (South Korea), NHK Spring (Japan), ThyssenKrupp (Germany), Sogefi (Italy), and Benteler
(EMAILWIRE.COM, September 11, 2018 ) The global automotive suspension market, is projected to grow at a CAGR of 3.88%, during the forecast period, from an estimated USD 49.17 Billion in 2016 to USD 68.84 Billion by 2025. Automotive suspension market has been segmented on basis of architecture, system, active suspension actuation, ICE vehicle, electric & hybrid vehicle, component, aftermarket component, and region.
Download Free Brochure of Automotive Suspension Market Research Now available at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1436505 .
The air suspension estimated to be fastest and largest in automotive suspension market, by architecture, in terms of value. Increasing demand for cabin comfort, better control, manoeuvrability, and stability of vehicle has led to increasing demand for air suspension systems.
Automotive Suspension Market, By Architecture
1 Introduction
2 Macpherson Strut
3 Double Wishbone
4 Multilink Suspension
5 Twist Beam/Torsion Beam Suspension
6 Leaf Spring Suspension
7 Air Suspension
Automotive Suspension Oe Market, By Component
1 Introduction
2 Coil Spring
3 Leaf Spring
4 Air Spring
5 Shock Absorber
6 Control Arm
7 Rubber Bushing
8 Link Stabilizer/Sway Bar
9 Ball Joint
10 Strut
Click Here for More Information on Automotive Suspension Market with Forecast and Company Profiles at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1436505 .
The active suspension system is the fastest growing market, by system, in terms of value. Majority of the present-day vehicles are equipped with passive suspension systems as they are easy to install, repair, and are economical than the semi-active and active systems. However, with the advancement in suspension technology, active suspension will show better growth than the passive suspension as it enhances the comfort and handling of vehicles.
Key Target Audience
• Manufacturers of automotive suspension systems
• Suspension system component manufacturers
• Suppliers of raw material for suspension system component
• Dealers and distributors of automotive suspension systems
• Industry associations
• Vehicle manufacturers/OEMs
• Automobile industry as end-user
• Government agencies
• Compliance regulatory authorities
The hydraulically actuated is the largest market, by actuation, in terms of value. The present-day vehicles have hydraulic actuation as it is efficient, robust, and affordable.
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The key factor restraining the growth of the automotive suspension market is the high development cost of advanced suspension and lack of standardization in the suspension technologies. The choice of suspension system technologies varies in different regions with a preference for different vehicle types and cost.
The study contains insights provided by various industry experts. The break-up of the primaries is as follows:
• By Company Type: Tier-1 - 45%, Tier-2 - 40%, and OEM- 15%
• By Designation: D level –60%,C level - 20 % Other- 20%
• By Region: North America - 35%, Europe - 26%, Asia Oceania–25%, RoW – 14%
Download Free Brochure of Automotive Suspension Market Research Now available at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1436505 .
The air suspension estimated to be fastest and largest in automotive suspension market, by architecture, in terms of value. Increasing demand for cabin comfort, better control, manoeuvrability, and stability of vehicle has led to increasing demand for air suspension systems.
Automotive Suspension Market, By Architecture
1 Introduction
2 Macpherson Strut
3 Double Wishbone
4 Multilink Suspension
5 Twist Beam/Torsion Beam Suspension
6 Leaf Spring Suspension
7 Air Suspension
Automotive Suspension Oe Market, By Component
1 Introduction
2 Coil Spring
3 Leaf Spring
4 Air Spring
5 Shock Absorber
6 Control Arm
7 Rubber Bushing
8 Link Stabilizer/Sway Bar
9 Ball Joint
10 Strut
Click Here for More Information on Automotive Suspension Market with Forecast and Company Profiles at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1436505 .
The active suspension system is the fastest growing market, by system, in terms of value. Majority of the present-day vehicles are equipped with passive suspension systems as they are easy to install, repair, and are economical than the semi-active and active systems. However, with the advancement in suspension technology, active suspension will show better growth than the passive suspension as it enhances the comfort and handling of vehicles.
Key Target Audience
• Manufacturers of automotive suspension systems
• Suspension system component manufacturers
• Suppliers of raw material for suspension system component
• Dealers and distributors of automotive suspension systems
• Industry associations
• Vehicle manufacturers/OEMs
• Automobile industry as end-user
• Government agencies
• Compliance regulatory authorities
The hydraulically actuated is the largest market, by actuation, in terms of value. The present-day vehicles have hydraulic actuation as it is efficient, robust, and affordable.
Get 22% Discount on “Automotive Suspension Market By Architecture (MacPherson Strut, Double Wishbone, Multi-link, Twist Beam, Leaf Spring, Air Suspension), System Type, Actuation, Component OE & Aftermarket, Vehicle (ICE, BEV, HEV, PHEV), and Region-Global Forecast To 2025” Report Now at http://www.rnrmarketresearch.com/contacts/discount?rname=1436505 .
The key factor restraining the growth of the automotive suspension market is the high development cost of advanced suspension and lack of standardization in the suspension technologies. The choice of suspension system technologies varies in different regions with a preference for different vehicle types and cost.
The study contains insights provided by various industry experts. The break-up of the primaries is as follows:
• By Company Type: Tier-1 - 45%, Tier-2 - 40%, and OEM- 15%
• By Designation: D level –60%,C level - 20 % Other- 20%
• By Region: North America - 35%, Europe - 26%, Asia Oceania–25%, RoW – 14%
Contact Information:
ReportsnReports
Ganesh Pardeshi
Tel: +91 9890103464
Email us
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ReportsnReports
Ganesh Pardeshi
Tel: +91 9890103464
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results