Automotive Suspension System Market | Growth, Trends, and Forecast 2025


Posted July 22, 2020 by pranitahakim

The global automotive suspension market size was valued at USD 76.94 billion in 2017 and the market is estimated to grow at the CAGR of 4.8% during the forecast period.

 
Global Automotive Suspension Market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Automotive Suspension market development trends and marketing channels are analysed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.

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In the horse and buggy days, the automotive suspension consisted of a beam (axle) that extended across the breadth of the vehicle. In the front, the wheels were mounted to the shaft ends and the shaft was turned at the middle to supply steering. The first cars used the one‐piece shaft style but rather than being turned at the middle, it had been fixed‐mounted to the vehicle through springs to provide the artifact of shock masses from road inaccuracies. The wheels were rotationally‐mounted at the shaft ends to supply steering.
The global automotive suspension market is combined with three basic forms of suspension components: linkages, springs, and shock absorbers. The linkages are the bars and brackets that support the wheels, springs and shock absorbers. Springs cushion the vehicle by wetting shock loads from bumps and holes in the road. Shock absorbers use hydraulic pistons and cylinders to cushion the vehicle from shock masses. They also serve to dampen spring oscillations, so bring the vehicle back to a neutral position before long after being shock loaded by a road obstruction.

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The global automotive suspension market is categorized into several segmentation including type overview, vehicle type overview, system overview, and regional overview. Based on the type overview, the global automotive suspension market is fragmented into hydraulic, leaf, air, and others. On the basis of vehicle type overview, the global automotive suspension market classified into commercial vehicle and passenger vehicle. In terms of system overview, the global automotive suspension market is divided into passive and semi-active.
Based on the regional overview, the global automotive suspension market is a wide range to North America, U.S., Canada, Mexico, Europe, UK, France, Germany, Italy, Spain, Rest of Europe, Asia Pacific, China, Japan, South Korea, India, Rest of Asia Pacific, South America, Brazil, Argentina, Rest of South America, the Middle East & Africa, GCC, South Africa, Rest of Middle East & Africa. Leading players of the global automotive suspension market includes KYB, Magneti Marelli, ThyssenKrupp, NHK Spring, Sogefi, ZF, Continental, Benteler, and Tenneco.

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Key segments of the global automotive suspension market

Type Overview, 2015-2025 (USD billion)
• Air
• Hydraulic
• Leaf
• Others
Vehicle Type Overview, 2015-2025 (USD billion)
• Passenger Vehicle
• Commercial Vehicle
System Overview, 2015-2025 (USD billion)
• Passive
• Semi active/Active
Regional Overview, 2015-2025 (USD billion)
• North America
• S.
• Canada
• Mexico
• Europe
• K.
• France
• Germany
• Italy
• Spain
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Rest of Asia Pacific
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa

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Tags automotive suspension system market , automotive suspension system market growth , global automotive suspension system market
Last Updated July 22, 2020