Automotive Suspension System is the vehicle frame and the axle or between the wheels of all power transmission device connected to the general term, its role is to transfer between the wheel and the frame force and torque, and the buffer from the uneven road surface to the frame Or body impact, and attenuate the resulting vibration to ensure that the car can run smoothly. Typical suspension system structure consists of elastic elements, guide mechanisms and shock absorbers and other components, the individual structure is also a buffer block, lateral stabilizer bar. The elastic elements are leaf springs, air springs, coil springs and torsion bar springs and other forms, and modern sedan suspension system and more use of helical springs and torsion bar springs, individual limousine is the use of air springs.
Asia Oceania is expected to dominate the automotive suspension market during the forecast period. Increasing vehicle production and awareness about advanced suspension technology are the factors that boost the market in this region. The presence of top suspension system manufacturers who have heavily invested in setting up the production facility in these countries to meet increasing demand for suspension systems is also a major factor fuelling the growth of the market in this region. In this region, consumers are more interested about the comfort levels and safety of the vehicle. Hence, the region is expected to dominate the market.
Global Automotive Suspension System market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Suspension System.
This industry study presents the global Automotive Suspension System market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Suspension System production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Suspension System in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Mando, ZF, etc.
The following manufacturers are covered in this report:
Dongfeng Motor Suspension
Fawer Automotive Parts
Automotive Suspension System Breakdown Data by Type
Independent Automotive Suspension System
Non-independent Automotive Suspension System
Automotive Suspension System Breakdown Data by Application
LCV-Light Commercial Vehicle
HCV-Heavy Commercial Vehicle
Automotive Suspension System Production by Region
Automotive Suspension System Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Suspension System status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Automotive Suspension System manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive Suspension System :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Suspension System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.