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The Global Automotive Suspension Market to 2023: A $79 Billion Opportunity, Growing at a CAGR of 5.3%

Dublin, July 20, 2018 (GLOBE NEWSWIRE) -- The "Automotive Suspension Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

The future of the global automotive suspension market looks promising with opportunities in the passenger car, light commercial vehicle and heavy commercial vehicle segments.

The global automotive suspension market is expected to reach an estimated $79 billion by 2023 and it is forecast to grow at a CAGR of 5.3% from 2018 to 2023. The major drivers of growth for this market are increasing vehicle production, increasing need for improved ride quality, and the growing demand for advanced safety and convenience systems.

Emerging trends, which have a direct impact on the dynamics of the automotive suspension industry, include the development of lightweight suspensions, the introduction of electronic suspension technology, and the introduction of energy recovery suspension systems.

The study includes the automotive suspension market size and forecast for the global automotive suspension market through 2023, segmented by vehicle type, system type, damping type, end user, material type, and region, as follows:

Automotive Suspension Market by Vehicle Type ($ Billion from 2012 to 2023)

  • Passenger Car
  • Small Car
  • Compact Car
  • Mid-Size Car
  • Large Car
  • Light Commercial Vehicle
  • SUVs & Crossovers
  • MPVs
  • Pickups
  • Heavy Commercial Vehicle

Automotive Suspension Market by System ($ Billion from 2012 to 2023)

  • Passive Suspension System
  • Active Suspension System
  • Semi-Active Suspension System

Automotive Suspension Market by Damping Type ($ Billion from 2012 to 2023)

  • Hydraulic Suspension
  • Air Suspension
  • Leaf Spring Suspension
  • Others

Automotive Suspension Market by End User ($ Billion from 2012 to 2023)

  • OEM
  • Aftermarket

Automotive Suspension Market by Material Type ($ Billion 2017)

  • Steel
  • Composites
  • Others

Automotive Suspension Market by Region ($ Billion and Million Units from 2011 to 2023)

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

Some of the automotive suspension companies profiled in this report include Benteler International, Tenneco Inc., ZF Friedrichshafen AG, KYB Corporation, and Magneti Marelli S.p.A and others.

On the basis of its comprehensive research, it is forecast that the passenger car segment will show above average growth during the forecast period.

By system, passive suspension system, active suspension system, and semi-active suspension system are the major segments of the automotive suspension market. Passive suspension system is the largest segment but active suspension system is expected to grow faster as it works by constantly sensing changes in the road surface and feeding the information through ECU to the outlying components. Thus these components help in adjusting shock stiffness and spring rates thereby improving ride comfort, which results in increasing safety and comfort of the passengers.

APAC is expected to remain the largest region and register the highest growth rate due to higher vehicle production, increasing government regulations for safety and security, and consumer demand for improved suspensions during the forecast period.

Some of the features of this report include:

  • Market size estimates: Global automotive suspension market size estimation in terms of value ($B) shipment.
  • Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by segments and region.
  • Segmentation analysis: Global automotive suspension market size by various applications such as vehicle, system, damping, end user, and material in terms of value and volume shipment.
  • Regional analysis: Global automotive suspension market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions of automotive suspension in the global automotive suspension market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape of automotive suspension in the global automotive suspension market.
  • Analysis of competitive intensity of the industry based on Porter's Five Forces model.

Key Topics Covered

1. Executive Summary

2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2012 to 2023
3.1: Macroeconomic Trends and Forecasts
3.2: Global Automotive Suspension Market Trends and Forecast
3.3: Global Automotive Suspension Market by System
3.3.1: Passive Suspension Systems
3.3.2: Active Suspension Systems
3.3.3: Semi-Active Suspension Systems
3.4: Global Automotive Suspension Market by Vehicle Type
3.4.1: Small Cars
3.4.2: Compact Cars
3.4.3: Mid-Size Cars
3.4.4: Large Cars
3.4.5: SUVs and Crossovers
3.4.6: Multi-Purpose Vehicles (MPVs)
3.4.7: Pickups
3.4.8: Heavy Commercial Vehicles
3.4.9: Other Cars
3.5: Global Automotive Suspension Market by End User
3.5.1: OEM
3.5.2: Aftermarket
3.6: Global Automotive Suspension Market by Damping Type
3.6.1: Hydraulic Suspension
3.6.2: Air Suspension
3.6.3: Leaf Spring Suspension
3.6.4: Others

4. Market Trends and Forecast Analysis by Region
4.1: Global Automotive Suspension Market by Region
4.2: North American Automotive Suspension Market
4.2.1: North American Automotive Suspension Market by System
4.2.2: North American Automotive Suspension Market by Vehicle Type
4.2.3: North American Automotive Suspension Market by End User
4.2.4: North American Automotive Suspension Market by Damping Type
4.2.5: The US Automotive Suspension Market
4.2.6: Mexican Automotive Suspension Market
4.2.7: Canadian Automotive Suspension Market
4.3: European Automotive Suspension Market
4.3.1: European Automotive Suspension Market by System
4.3.2: European Automotive Suspension Market by Vehicle Type
4.3.3: European Automotive Suspension Market by End User
4.3.4: European Automotive Suspension Market by Damping Type
4.3.5: German Automotive Suspension Market
4.3.6: French Automotive Suspension Market
4.3.7: The United Kingdom Automotive Suspension Market
4.3.8: Russian Automotive Suspension Market
4.3.9: Italian Automotive Suspension Market
4.4: APAC Automotive Suspension Market
4.4.1: APAC Automotive Suspension Market by System
4.4.2: APAC Automotive Suspension Market by Vehicle Type
4.4.3: APAC Automotive Suspension Market by End User
4.4.4: APAC Automotive Suspension Market by Damping Type
4.4.5: Chinese Automotive Suspension Market
4.4.6: Japanese Automotive Suspension Market
4.4.7: South Korean Automotive Suspension Market
4.4.8: Indian Automotive Suspension Market
4.4.9: Indonesian Automotive Suspension Market
4.5: ROW Automotive Suspension Market
4.5.1: ROW Automotive Suspension Market by System
4.5.2: ROW Automotive Suspension Market by Vehicle Type
4.5.3: ROW Automotive Suspension Market by End User
4.5.4: ROW Automotive Suspension Market by Damping Type
4.5.5: Brazilian Automotive Suspension Market
4.5.6: Turkish Automotive Suspension Market

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Automotive Suspension Market by System
6.1.2: Growth Opportunities for the Global Automotive Suspension Market by End User
6.1.3: Growth Opportunities for the Global Automotive Suspension Market by Damping Type
6.1.4: Growth Opportunities for the Global Automotive Suspension Market by Vehicle Type
6.1.5: Growth Opportunities for the Global Automotive Suspension Market by Region
6.2: Emerging Trends in the Global Automotive Suspension Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Automotive Suspension Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automotive Suspension Market
6.3.4: Certification and Licensing
6.3.5: Technology Development

7. Company Profiles of Leading Players
7.1: Benteler International
7.2: Tenneco Inc.
7.3: ZF Friedrichshafen AG
7.4: KYB Corporation
7.5: Magneti Marelli S.p.A
7.6: Mando Corporation
7.7: NHK Spring Co., Ltd.
7.8: ThyssenKrupp AG
7.9: Sogefi Group
7.10: Rassini

For more information about this report visit https://www.researchandmarkets.com/research/t6hb9n/the_global?w=12

                    
                    
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