Automotive Suspension Market by Architecture (MacPherson Strut, Double Wishbone, Multilink, Twist Beam, Leaf Spring, Air Suspension), System, Actuation, Component, Vehicle (ICE, Electric, Off-Highway, ATV), Aftermarket & Region - Global Forecast to 2027
[348 Pages Report] The global automotive suspension market size was valued at USD 45.3 billion in 2022 and is expected to reach USD 51.6 billion by 2027, at a CAGR of 2.6% during the forecast period 2022-2027.The demand for automotive suspension is driven by the increase in demand for vehicle comfort and safety and the increasing adoption of air suspension systems in HCVs.
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The most likely scenario taken into consideration is the gradual resumption of production volumes around the globe, wherein global vehicle sales are recovering from the impacts of the pandemic. As the lockdowns are lifted, challenges related to the supply chain, availability of labor, and preventive guidelines from the governments will be reduced. In this scenario, the automotive suspension market is to have a moderate impact and will witness steady growth.
Market Dynamics
Driver: Growing sales of SUVs and luxury vehicles to drive demand for advanced suspension systems
The adoption of independent suspensions has increased over the years owing to various advantages offered by them. The growth can be attributed to independent suspensions offering more stability to vehicles. The weight of an independent suspension type is less, which makes it a preferred choice for heavy vehicles. Passenger cars generally employ an independent suspension at the front and a dependent suspension at the rear wheel. Hence, both independent and dependent suspensions are required. MacPherson strut is one of the most preferred front independent suspensions in compact passenger cars. Low manufacturing costs and better stability are attributed to the growth of the MacPherson suspension system. A double wishbone is another type of independent suspension, which provides superior comfort, dynamics, and road holding. However, as the production cost of the double wishbone is higher, it is generally used in premium models, such as Alfa Romeo, Toyota Tundra, MG Rover TF, Honda Accord, and Aston Martin DB7. The double wishbone suspension is also employed in high-performance racing cars owing to its design complexity and increased number of parts, such as joints and bearings. However, with technological advancements, mid-high segment vehicles such as Toyota Camry, Fortuner, and Honda Accord have opted for the double wishbone.
Restraint: Lack of standardization of independent suspension systems
The standardization of suspension systems with respect to vehicle type, is expected to reduce the overall manufacturing cost which will help Tier 1 and component manufacturers produce suspension systems in large volumes as there would be specific suspension types for each model. OEMs and suspension suppliers during the supply contract negotiations can establish standardization for independent suspension with respect to significant parameters which could offer a win-win situation to both of the parties. Manufacturers have to keep track of the preferences in different countries due to a lack of standardization in order to remain competitive in the market. Change in preference or implementation of new regulation, causes manufacturers to change their investment strategy, which makes the market volatile for them. This also immediately affect component suppliers as they are reliant on demand from tier 1 suppliers. Hence, the lack of standardization has caused manufacturers to face challenges in catering to diverse architecture demands of different vehicle types and restrain the automotive suspension market.
Opportunities: Growth in ATV sales due to increased off-road recreational activities globally to drive ATV suspension market
All-terrain vehicles (ATVs) are four or more than four-wheeled motorized vehicles that are primarily used for off-road activities but can also be used for on-road activities. Almost all ATVs employ a suspension system as it is one of the very crucial functional components of the vehicles, which encounter all sorts of rugged and difficult terrains. Rising GDP and growing disposable incomes globally have led to increased spending on leisure activities. The overall increase in the tourism industry revenue was owed to the fact that there was a 4% increase in tourist arrivals across the world in tourist locations in 2019. This created a lot of demand for these ATVs pre-pandemic and, as tourism resumes post-pandemic, the demand is expected to continue. Recreational activities offered by tourist spots globally have increased alongside off-road competitions involving ATVs. ATV championships, like the World Off-Road Championship Series (WORCS) held in the US, with off-terrain vehicles in challenging conditions are organized by sports authorities at national levels. These factors have resulted in high demand for ATVs and driven the sales figures. Some of the major ATV players and their top-selling models are Polaris (RZR, Ranger, Sportsman), Textron (Alterra TRV, Wildcat, Prowler), Yamaha (Grizzly, Kodiak, YXZ, Wolverine, Viking), Honda (Fourtrax, Talon, Pioneer), and Kawasaki (Brute Force, KFX, Mule, Teryx).
Challenges: Lack of alternative materials poses challenge for overall suspension weight reduction
It is predicted that future transportation will be dominated by autonomous, connected, electric, and shared (ACES) vehicles, altering the way consumers interact with vehicles. A lightweight vehicle is seen by automakers as a core aspect of sustainable mobility, improving both fuel consumption and CO2 emissions. Electrification of automotive vehicles poses additional challenges since the batteries or added electrical components make them heavier than the conventional Internal Combustion Engine (ICE) vehicles. Since EVs are typically 125% heavier than ICE equivalents, due to the accommodation of heavy battery packs, there is an increasing emphasis to reduce overall vehicle weight to increase the driving range from a single complete battery charge. For electric vehicles, a reducing weight by 10% generally amounts to a 13.7% increase in driving range. While the lighweighting objective, in both ICEs and EVs, is somewhat similar, the architecture differences affect the approach as well as the scope for lightweight in EVs. The requirement to accomodate a large, heavy battery pack at the bottom of the vehicle and the want to use one platform for multiple vehicles will force the automotive industry back the the design table for the frame arrangement for Battery Electric Vehicles (BEVs). This has called for a need for alternative materials to replace existing heavy material components in suspension modules.
Some of the advances have been seen in the use of composites to replace parts and components traditionally manufactured from steel. Carbon-fiber reinforced plastics (CFRP) and Glass-fiber reinforced plastics (GFRP) have great potential to reduce the weight of light-duty vehicles. Back in 2014, Audi introduced GFRP suspension springs in an effort to reduce weight. The lightweight springs, constructed from a glass-fiber-reinforced polymer composite enabled a weight saving of 2.5 kilograms per spring, and a 40 percent reduction compared with steel springs. An technological advance was made in 2015 by Volvo by the introduction of new leaf springs for their XC90 model. These springs were replacing the traditional steel springs used and were manufactured from a glass-fiber reinforced composite material. This led to a reduction of weight by 4.5 kilos. Safety is paramount in vehicles and any changes made in designs must be resilient to adhere to current and future crash safety regulations. Cost of production is also an important factor, and while processes are continuously improving,, the challenge remains in terms of cost-effective mass production. These examples do provide a glimpse of potential future advancements in material technology. But limited options for suspension components’ material selection, the high cost of such materials (such as carbon fiber), and production processes still pose a huge challenge for suspension manufacturers when it comes to reducing the overall module weight.
Active suspension - the fastest growing suspension system type
The growing demand to improve ride quality and occupant comfort is a significant factor driving the market for active suspension systems. The high-end luxury & sports cars and some medium-range cars with few commercial vehicles mainly use active suspension systems. The active system incurs a high cost but is the most advanced and comfortable suspension system. The active systems are available under various brand names, such as Magic Body Control by Mercedes-Benz, MagneRide by Delphi, and PASM Porsche Active Suspension Management by Porsche. The SUV demand is estimated to increase year on year by 3.3 % from 2020 to 2022. The Asia-Pacific market has shown a larger growth in SUVs, where the region has 58.5% of SUVs in 2021. Considering the increase in demand for SUVs, the demand for active suspension is expected to grow globally, and Asia would be the leading market.
MacPherson strut holds the largest market share for front wheel suspension
MacPherson strut eliminates the need for a separate upper control arm, which reduces the cost of components and the weight of the architecture. This advantage offered by the architecture has made the adoption of this architecture widely accepted by OEMs globally. In terms of value, Asia Pacific will be the largest and fastest-growing market for MacPherson strut over the forecast period. The market growth in this region is attributed to the high penetration of the MacPherson strut in the front suspension, which is ~70-75%. The low cost and limited space required for the installation of this architecture make it a preferred choice for compact passenger cars, which have a high demand in the Asia Pacific. Models such as Toyota Camry, Honda Accord, BMW X5, and Subaru XV, among others, are equipped with front axle Macpherson strut.
Asia Pacific region to dominate the global automotive suspension market
The Asia Pacific has emerged as a hub for automotive production in recent years, owing to changing consumer preferences, increasing per capita income of the middle-class population, and cost advantages for OEMs. The Asia Pacific is estimated to account for the largest share of the automotive suspension market, by value, in 2022, due to the presence of automotive OEMs with large vehicle production capacity, higher vehicle sales, and a large customer base. Increasing demand for better comfort in passenger cars has led to the adoption of multilink and air suspension systems in western countries. However, due to their high cost, these systems are still in their introductory phase in the Asia Pacific region.
China is estimated to remain the largest market within the region, owing to its large population and increased demand for passenger vehicles post-pandemic. The country has resumed production close to pre-pandemic levels. By value, India is expected to be the fasted-growing market due to the increased demand for passenger vehicles as the country’s economy recovers from the effects of the pandemic.
Asia pacific: automotive suspension market
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Key Market Players
The automotive suspension market is dominated by global players and comprises several regional players as well. The key players in the global market are ZF Friedrichshafen AG (Germany), Tenneco Inc. (US), Continental AG (Germany), ThyssenKrupp AG (Germany), and KYB Corporation (Japan)
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Scope of the Report
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Report Metric |
Details |
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Base Year for Estimation |
2021 |
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Forecast Period |
2022–2027 |
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Market Growth and Revenue Forecast |
USD (Million/Billion) |
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Top Players |
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Fastest Growing Market |
Air Suspension |
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Largest Market |
Asia Pacific |
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Segments Covered |
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By vehicle type |
Passenger cars, LCVs, Trucks, Buses |
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By System |
Passive, Semi-Active, Active |
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By Architecture |
MacPherson Strut, Double Wishbone, Multilink, Twist beam/Torsion Beam, Leaf Spring, Air Suspension |
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By Actuation |
Hydraulically Actuated Active Suspension, Electronically Actuated Active Suspension |
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By OE Component |
Coil springs, Air springs, Shock absorbers, Struts, Control Arms, Rubber bushings, Leaf springs, Link stabilizers/Sway bars, Ball joints |
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By Aftermarket components |
Shock absorbers, Struts, Ball joints, Leaf springs, Control Arms, Coil springs |
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Electric & Hybrid Passenger Car |
Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric vehicles (PHEVs). Fuel-cell Electric Vehicles (FCEVs) |
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Electric & Hybrid HCVs, By Vehicle Type |
Electric and Hybrid Trucks, Electric and Hybrid buses |
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Off-Highway Vehicles, By Application & Region |
Construction Equipment, Agricultural Tractors |
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All-terrain vehicles |
MacPherson strut, Double Wishbone |
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By Region |
Asia Pacific – China, India, Japan, South Korea, Rest of Asia Pacific |
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Additional Customization to be offered |
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Available Customizations
Along with the given market data, MarketsandMarkets offers customizations in accordance with a company’s specific needs.
Automotive Suspension Market, ICE Vehicle Type (Country Level)
- Passenger cars
Front Suspension, By Architecture
- MacPherson Strut
- Double Wishbone
- Multilink
- Twist Beam/Torsion Beam
- Air Suspension
Rear Suspension, By Architecture
- MacPherson Strut
- Double Wishbone
- Multilink
- Twist Beam/Torsion Beam
- Air suspension
- LCVs
Front Suspension, By Architecture
- MacPherson Strut
- Double Wishbone
- Multilink
- Twist Beam/Torsion Beam
- Leaf Spring
- Air Suspension
Rear Suspension, By Architecture
- MacPherson Strut
- Double Wishbone
- Multilink
- Twist Beam/Torsion Beam
- Leaf Spring
- Air Suspension
- HCVs
Passive, Semi-Active, And Active Suspension, By Architecture (Country Level)
- MacPherson Strut
- Double Wishbone
- Multilink
- Twist Beam/Torsion Beam
- Leaf Spring Suspension
- Air Suspension
Automotive Suspension Market, Electric & Hybrid Vehicle (Regional Level)
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BEV
- Front Suspension, By Architecture
- Rear Suspension, By Architecture
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PHEV
- Front Suspension, By Architecture
- Rear Suspension, By Architecture
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FCEV
- Front Suspension, By Architecture
- Rear Suspension, By Architecture
*The segment will be further segmented into MacPherson Strut, Double Wishbone, Multilink, Twist Beam/Torsion Beam, Air Suspension
Off-Highway Suspension Market, By Type and Region (Regional Level)
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Construction Equipment
- Mechanical
- Pneumatic
- Hydro-pneumatic
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Agricultural Tractors
- Mechanical
- Pneumatic
- Hydro-pneumatic
Recent Developments
- In October 2021, Continental AG now offers the automotive aftermarket the same air suspension vibration dampers and compressors that it supplies to vehicle manufacturers. This means that workshops can now use new parts that are installed as standard when repairing such systems.
- In March 2021, ThyssenKrupp planned to expand its presence in China. The new damper production line in China is being built at an existing ThyssenKrupp automotive site in Changzhou. The plant will produce electronically adjustable damping systems. These semi-active dampers use sensors to measure vibrations throughout the journey and recognize the driving situation and condition of the vehicle
- In August 2020, ZF Commercial Vehicle Control Systems division in India designed air suspension with Electronically Controlled Air Suspension (ECAS) technology to address issues including higher fuel consumption, decreased rider comfort, passenger safety, and vehicular instability.
- In September 2020, Continental AG developed sensors for vehicles with air suspension, which uses ultrasound to measure the height and pressure of air springs in order to determine the axle’s load condition. A height sensor also has been developed for shock absorbers for vehicles without air suspension. The suspension travel of the shock absorber provides information on the load condition of the respective axle.
- In January 2019, Tenneco Inc. completed its acquisition of Öhlins Racing A.B, a Swedish technology company that develops premium suspension systems and components for the automotive and motorsport industries.
Frequently Asked Questions (FAQ):
What is the market size of the automotive suspension?
The global automotive suspension market is expected to grow from USD 45.3 billion in 2022 and is projected to reach USD 51.6 billion in 2027, at a CAGR of 2.6% during the forecast period.
Who are the top key players in the automotive suspension market?
The automotive suspension market is dominated by global players and comprises several regional players as well. The key players in the automotive suspension market are ZF Friedrichshafen AG (Germany), Tenneco Inc. (US), Continental AG (Germany), ThyssenKrupp AG (Germany), and KYB Corporation (Japan). Moreover, these companies develop new products as per market demands and concentrates of supply contracts to capture market share. Such advantages give these companies an edge over other companies that are component providers.
What are the trends in the automotive suspension market?
Active suspension market is estimated to be the fastest-growing market by system type.
Increasing sales of electric vehicles to provide lucrative growth opportunities to active suspension
Which are the most prominent factors driving the automotive suspension market?
Increase in demand for vehicle comfort and safety
Increasing adoption of air suspension systems in HCVs. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 33)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
1.4 STUDY SCOPE
1.4.1 YEARS CONSIDERED
1.5 SUMMARY OF CHANGES
1.6 CURRENCY
1.7 PACKAGE SIZE
1.8 LIMITATIONS
1.9 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 38)
2.1 RESEARCH DATA
2.2 SECONDARY DATA
2.2.1 LIST OF KEY SECONDARY SOURCES TO ESTIMATE VEHICLE PRODUCTION
2.2.2 LIST OF KEY SECONDARY SOURCES TO ESTIMATE AUTOMOTIVE SUSPENSION MARKET
2.3 PRIMARY DATA
2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS
2.3.2 PRIMARY PARTICIPANTS
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
2.5 FACTOR ANALYSIS
2.6 MARKET BREAKDOWN AND DATA TRIANGULATION
2.7 RESEARCH ASSUMPTIONS
2.8 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 55)
3.1 INTRODUCTION
3.2 REPORT SUMMARY
4 PREMIUM INSIGHTS (Page No. - 57)
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE SUSPENSION MARKET
4.2 MARKET, BY SYSTEM
4.3 MARKET, BY ARCHITECTURE
4.4 MARKET, BY VEHICLE TYPE
4.5 AUTOMOTIVE SUSPENSION OE MARKET, BY COMPONENT
4.6 AUTOMOTIVE SUSPENSION AFTERMARKET, BY COMPONENT
4.7 ELECTRIC & HYBRID PASSENGER CAR SUSPENSION MARKET, BY ARCHITECTURE
4.8 ELECTRIC & HYBRID TRUCKS AND BUSES SUSPENSION MARKET, BY VEHICLE TYPE
4.9 ACTIVE SUSPENSION MARKET, BY ACTUATION
4.10 OFF-HIGHWAY SUSPENSION MARKET, BY APPLICATION
4.11 ALL-TERRAIN VEHICLES SUSPENSION MARKET, BY REGION
4.12 MARKET, BY REGION
5 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 65)
5.1 ASIA PACIFIC EXPECTED TO LEAD AUTOMOTIVE SUSPENSION MARKET
5.2 GROWING DEMAND FOR AIR SUSPENSION - KEY FOCUS AREAS
5.3 CONCLUSION
6 MARKET OVERVIEW (Page No. - 67)
6.1 INTRODUCTION
6.2 MARKET DYNAMICS
6.2.1 DRIVERS
6.2.1.1 Increased demand for SUVs, EVs, and luxury vehicles globally
6.2.1.1.1 Growing sales of SUVs and luxury vehicles to drive demand for advanced suspension systems
6.2.1.1.2 Increasing sales of EVs to drive demand for semi-active and active suspension systems
6.2.1.2 Increased adoption of air suspension systems in buses and trucks
6.2.2 RESTRAINTS
6.2.2.1 Lack of standardization of independent suspension systems to hinder supply chain streamlining
6.2.3 OPPORTUNITY
6.2.3.1 Regenerative suspension system to drive advanced technology development in suspension systems
6.2.3.2 Growth in ATV sales due to increased off-road recreational activities globally to drive ATV suspension market
6.2.4 CHALLENGES
6.2.4.1 High initial cost of advanced suspension systems to deter higher adoption in passenger vehicles
6.2.4.2 Counterfeit suspension products in aftermarket can reduce overall suspension system quality
6.2.4.3 Overcoming steer torque through technology challenging for suspension manufacturers
6.2.4.4 Lack of alternative materials poses challenge for overall suspension weight reduction
6.3 AUTOMOTIVE SUSPENSION MARKET SCENARIO
6.3.1 MOST LIKELY SCENARIO
6.3.2 LOW-IMPACT SCENARIO
6.3.3 HIGH-IMPACT SCENARIO
6.4 PORTER’S FIVE FORCES ANALYSIS
6.4.1 PORTER’S FIVE FORCES ANALYSIS
6.4.2 THREAT OF SUBSTITUTES
6.4.3 THREAT OF NEW ENTRANTS
6.4.4 BARGAINING POWER OF BUYERS
6.4.5 BARGAINING POWER OF SUPPLIERS
6.4.6 INTENSITY OF COMPETITIVE RIVALRY
6.5 AUTOMOTIVE SUSPENSION MARKET ECOSYSTEM
6.6 SUPPLY CHAIN ANALYSIS
6.6.1 GLOBAL SUPPLIERS
6.6.2 NORTH AMERICAN SUPPLIERS
6.7 AVERAGE SELLING PRICE TREND
6.7.1 LIGHT DUTY VEHICLES
6.7.2 TRUCKS
6.7.3 PRICING ANALYSIS, BY COMPONENTS
6.8 CUSTOMER BUYING BEHAVIOR
6.8.1 BUYING CRITERIA
6.9 PATENT ANALYSIS
6.9.1 APPLICATIONS AND PATENTS GRANTED, 2019–2022
6.10 REVENUE SHIFT FOR AUTOMOTIVE SUSPENSION MANUFACTURERS
6.11 CASE STUDY ANALYSIS
6.11.1 HENDRICKSON TRAILER COMMERCIAL VEHICLE SYSTEMS
6.11.2 VEHICLE SUSPENSION HARNESS SYSTEM
6.12 TECHNOLOGY ANALYSIS
6.12.1 IN-WHEEL SUSPENSION TECHNOLOGY FUTURE OF EV MOBILITY
6.12.2 360-DEGREE WHEEL SETUP WITH IN-WHEEL SUSPENSION
6.13 TRADE ANALYSIS
6.13.1 IMPORT DATA - SUSPENSION SYSTEMS AND PARTS, BY COUNTRY, 2021 (USD)
6.13.2 EXPORT DATA - SUSPENSION SYSTEMS AND PARTS, BY COUNTRY, 2021 (USD)
6.14 REGULATORY ANALYSIS
6.15 KEY CONFERENCES & EVENTS IN 2022-2023
7 AUTOMOTIVE SUSPENSION MARKET, BY VEHICLE TYPE (Page No. - 98)
7.1 INTRODUCTION
7.1.1 RESEARCH METHODOLOGY
7.1.2 ASSUMPTIONS
7.1.3 INDUSTRY INSIGHTS
7.2 PASSENGER CARS
7.2.1 MACPHERSON STRUT COMMONLY USED ARCHITECTURE IN PASSENGER CAR SEGMENT
7.3 LIGHT COMMERCIAL VEHICLES (LCVS)
7.3.1 DEMAND FOR MULTILINK ARCHITECTURE INCREASING IN LCVS SEGMENT
7.4 TRUCKS
7.4.1 LEAF SPRING SUSPENSION HAS MAXIMUM PENETRATION IN TRUCKS SEGMENT
7.5 BUSES
7.5.1 AIR SUSPENSION USED IN BUSES SEGMENT TO PROVIDE MAXIMUM COMFORT TO PASSENGERS
8 AUTOMOTIVE SUSPENSION MARKET, BY SYSTEM (Page No. - 109)
8.1 INTRODUCTION
8.1.1 RESEARCH METHODOLOGY
8.1.2 ASSUMPTIONS
8.1.3 INDUSTRY INSIGHTS
8.2 PASSIVE
8.2.1 MACPHERSON STRUT AND DOUBLE WISHBONE ARE MOST COMMONLY USED PASSIVE SYSTEMS IN PASSENGER CARS
8.3 SEMI-ACTIVE
8.3.1 INCREASING DEMAND FOR HIGH-PERFORMANCE CARS TO DRIVE MARKET FOR SEMI-ACTIVE SYSTEMS
8.4 ACTIVE SUSPENSION
8.4.1 INCREASE DEMAND FOR AIR SUSPENSION IN BUSES SEGMENT TO DRIVE ACTIVE SUSPENSION MARKET
9 AUTOMOTIVE SUSPENSION MARKET, BY ARCHITECTURE (Page No. - 119)
9.1 INTRODUCTION
9.1.1 RESEARCH METHODOLOGY
9.1.2 ASSUMPTIONS
9.1.3 INDUSTRY INSIGHTS
9.2 MACPHERSON STRUT
9.2.1 COST-EFFECTIVENESS AND SIMPLE DESIGN MAKE MACPHERSON STRUT SUITABLE FOR PASSENGER CAR SEGMENT
9.3 DOUBLE WISHBONE
9.3.1 COMPLEX DESIGN AND HIGH COST MAKE DOUBLE WISHBONE SUITABLE FOR PREMIUM VEHICLE SEGMENT
9.4 MULTILINK
9.4.1 MULTILINK SUSPENSION PROVIDES BETTER RIDE QUALITY AND HANDLING
9.5 TWIST BEAM/TORSION BEAM
9.5.1 DEMAND FOR TWIST BEAM/TORSION BEAM SUSPENSION LIMITED TO ECONOMICAL CARS
9.6 LEAF SPRING
9.6.1 LEAF SPRING PREFERRED IN HEAVY TRUCKS SEGMENT DUE TO HIGHER LOAD-CARRYING CAPACITY
9.7 AIR SUSPENSION
9.7.1 INCREASED DEMAND FOR CABIN COMFORT, BETTER CONTROL, AND STABILITY TO DRIVE AIR MARKET
10 ACTIVE SUSPENSION MARKET, BY ACTUATION (Page No. - 137)
10.1 INTRODUCTION
10.1.1 RESEARCH METHODOLOGY
10.1.2 ASSUMPTIONS
10.1.3 INDUSTRY INSIGHTS
10.2 HYDRAULICALLY ACTUATED ACTIVE SUSPENSION
10.3 ELECTRONICALLY ACTUATED ACTIVE SUSPENSION
11 AUTOMOTIVE SUSPENSION OE MARKET, BY COMPONENT (Page No. - 145)
11.1 INTRODUCTION
11.1.1 RESEARCH METHODOLOGY
11.1.2 ASSUMPTIONS
11.2 COIL SPRINGS
11.3 AIR SPRINGS
11.4 SHOCK ABSORBERS
11.5 STRUTS
11.6 CONTROL ARMS
11.7 RUBBER BUSHINGS
11.8 LEAF SPRINGS
11.9 LINK STABILIZERS/SWAY BARS
11.10 BALL JOINTS
12 AUTOMOTIVE SUSPENSION AFTERMARKET, BY COMPONENT (Page No. - 165)
12.1 INTRODUCTION
12.1.1 RESEARCH METHODOLOGY
12.1.2 ASSUMPTIONS
12.2 SHOCK ABSORBERS
12.3 STRUTS
12.4 BALL JOINTS
12.5 LEAF SPRINGS
12.6 CONTROL ARMS
12.7 COIL SPRINGS
13 ELECTRIC & HYBRID PASSENGER CAR SUSPENSION MARKET, BY ARCHITECTURE & REGION (Page No. - 181)
13.1 INTRODUCTION
13.1.1 RESEARCH METHODOLOGY
13.1.2 ASSUMPTIONS
13.1.3 INDUSTRY INSIGHTS
13.2 BY VEHICLE TYPE
13.2.1 BATTERY ELECTRIC VEHICLES (BEVS)
13.2.1.1 Active suspension system enhances driving performance of BEVs
13.2.2 PLUG-IN HYBRID ELECTRIC VEHICLES (PHEV)
13.2.2.1 Demand for maximum comfort and safety in PHEVs to drive market for advanced suspension systems
13.2.3 FUEL CELL ELECTRIC VEHICLES (FCEV)
13.2.3.1 Limited demand for FCEVs due to infrastructure challenges
13.3 BY REGION
13.3.1 ASIA PACIFIC
13.3.1.1 Advancements in battery technology and government support to drive BEV sales
13.3.2 EUROPE
13.3.2.1 Demand for emission-free vehicles to drive electric & hybrid vehicle sales, impacting suspension market
13.3.3 NORTH AMERICA
13.3.3.1 Technological advancements to fuel demand for advanced suspension systems
14 ELECTRIC & HYBRID HCVS SUSPENSION MARKET, BY VEHICLE TYPE (Page No. - 195)
14.1 INTRODUCTION
14.1.1 RESEARCH METHODOLOGY
14.1.2 ASSUMPTIONS
14.2 BY REGION
14.2.1 ASIA PACIFIC
14.2.2 EUROPE
14.2.3 NORTH AMERICA
14.3 BY VEHICLE TYPE
14.3.1 ELECTRIC & HYBRID TRUCKS
14.3.2 ELECTRIC & HYBRID BUSES
15 OFF-HIGHWAY VEHICLES SUSPENSION MARKET, BY APPLICATION & REGION (Page No. - 207)
15.1 INTRODUCTION
15.1.1 RESEARCH METHODOLOGY
15.1.2 ASSUMPTIONS
15.2 CONSTRUCTION EQUIPMENT
15.2.1 INCREASING DEMAND FOR HYDROPNEUMATIC SUSPENSION IN CONSTRUCTION EQUIPMENT SEGMENT
15.3 AGRICULTURAL TRACTORS
15.3.1 INCREASING FARM MECHANIZATION ACTIVITIES TO DRIVE SUSPENSION DEMAND IN TRACTORS SEGMENT
16 ALL-TERRAIN VEHICLES SUSPENSION MARKET, BY REGION (Page No. - 214)
16.1 INTRODUCTION
16.1.1 RESEARCH METHODOLOGY
16.1.2 ASSUMPTIONS
16.2 MACPHERSON STRUT
16.3 DOUBLE WISHBONE
17 AUTOMOTIVE SUSPENSION MARKET, BY REGION (Page No. - 218)
17.1 INTRODUCTION
17.1.1 RESEARCH METHODOLOGY
17.1.2 ASSUMPTIONS
17.1.3 INDUSTRY INSIGHTS
17.2 ASIA PACIFIC
17.2.1 CHINA
17.2.1.1 MacPherson strut has largest volume market share
17.2.2 INDIA
17.2.2.1 Air suspension segment to register highest growth rate
17.2.3 JAPAN
17.2.3.1 MacPherson architecture accounts for largest market share in terms of volume
17.2.4 SOUTH KOREA
17.2.4.1 Air suspension segment to witness the fastest growth
17.2.5 REST OF ASIA PACIFIC
17.2.5.1 Leaf spring segment accounts for largest market share
17.3 EUROPE
17.3.1.1 Air suspension architecture accounts for largest market share
17.3.2 UK
17.3.2.1 MacPherson strut is second-largest architecture segment
17.3.3 FRANCE
17.3.3.1 MacPherson strut accounts for largest market share in terms of volume
17.3.4 SPAIN
17.3.4.1 Air suspension architecture expected to lead market in terms of value
17.3.5 ITALY
17.3.5.1 Increased demand for air suspension architecture in special application trucks to drive market
17.3.6 RUSSIA
17.3.6.1 Multilink architecture to register fastest growth
17.3.7 REST OF EUROPE
17.3.7.1 Air suspension to lead market, by architecture
17.4 NORTH AMERICA
17.4.1 US
17.4.1.1 Air suspension segment to grow at highest rate during forecast period
17.4.2 MEXICO
17.4.2.1 Multilink is fastest-growing architecture segment
17.4.3 CANADA
17.4.3.1 Air suspension segment expected to lead market, by architecture
17.5 REST OF THE WORLD (ROW)
17.5.1 BRAZIL
17.5.1.1 MacPherson architecture accounts for largest market share
17.5.2 SOUTH AFRICA
17.5.2.1 Leaf spring segment to lead market in terms of volume
17.5.3 OTHER COUNTRIES
18 COMPETITIVE LANDSCAPE (Page No. - 278)
18.1 OVERVIEW
18.2 AUTOMOTIVE SUSPENSION MARKET SHARE ANALYSIS, 2021
18.3 NORTH AMERICA MARKET RANKING ANALYSIS, 2021
18.3.1 SHOCK ABSORBERS
18.3.2 SUSPENSION SPRINGS
18.3.3 BALL JOINTS
18.3.4 SUBFRAME/SUSPENSION MEMBERS
18.4 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
18.5 COMPANY EVALUATION QUADRANT
18.5.1 STAR
18.5.2 EMERGING LEADERS
18.5.3 PERVASIVE
18.5.4 PARTICIPANTS
18.6 COMPETITIVE SCENARIO
18.6.1 NEW PRODUCT LAUNCHES
18.6.2 DEALS
18.6.3 OTHER DEVELOPMENTS, 2019–2022
18.7 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2019–2022
18.8 COMPETITIVE BENCHMARKING- START-UPS/SMES
18.8.1 LIST OF START-UPS/SMES- SUSPENSION SYSTEM
18.8.2 COMPETITVE BENCHMARKING OF KEY SUSPENSION SYSTEM MANUFACTURERS
19 COMPANY PROFILES (Page No. - 293)
19.1 KEY PLAYERS
19.1.1 ZF FRIEDRICHSHAFEN AG
19.1.1.1 Business overview
19.1.1.2 Products offered
19.1.1.3 Recent developments
19.1.1.4 MnM view
19.1.2 TENNECO INC.
19.1.2.1 Business overview
19.1.2.2 Products offered
19.1.2.3 Recent developments
19.1.2.4 MnM view
19.1.3 CONTINENTAL AG
19.1.3.1 Business overview
19.1.3.2 Products offered
19.1.3.3 Recent developments
19.1.3.4 MnM view
19.1.4 THYSSENKRUPP AG
19.1.4.1 Business overview
19.1.4.2 Products Offered
19.1.4.3 MnM view
19.1.5 KYB CORPORATION
19.1.5.1 Business overview
19.1.5.2 Products offered
19.1.5.3 Recent developments
19.1.5.4 MnM view
19.1.6 BENTELER
19.1.6.1 Business overview
19.1.6.2 Products offered
19.1.7 NHK SPRING
19.1.7.1 Business overview
19.1.7.2 Products offered
19.1.8 MERITOR, INC.
19.1.8.1 Business overview
19.1.8.2 Products offered
19.1.9 MANDO CORPORATION
19.1.9.1 Business overview
19.1.9.2 Products offered
19.1.10 MARELLI HOLDINGS CO., LTD.
19.1.10.1 Business overview
19.1.10.2 Products offered
19.1.10.3 Recent developments
19.2 OTHER KEY PLAYERS
19.2.1 HYUNDAI MOBIS
19.2.2 HITACHI ASTEMO CO., LTD.
19.2.3 BWI GROUP
19.2.4 SOGEFI
19.2.5 EIBACH
19.2.6 GESTAMP
19.2.7 SIDEM
19.2.8 PEDDERS SUSPENSION
19.2.9 RTS S.A.
19.2.10 YSS SUSPENSION
19.3 NORTH AMERICA KEY PLAYERS
19.3.1 HENDRICKSON USA, L.L.C.
19.3.2 BELLTECH
19.3.3 SKYJACKER SUSPENSIONS
19.3.4 MULTIMATIC INC.
19.3.5 KING SUSPENSION
19.3.6 FOX FACTORY, INC.
19.3.7 RANCHO SUSPENSION
19.3.8 TEIN U.S.A.
19.3.9 AIR LIFT COMPANY
19.3.10 MOOG
20 APPENDIX (Page No. - 337)
20.1 INSIGHTS OF INDUSTRY EXPERTS
20.2 DISCUSSION GUIDE
20.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
20.4 AVAILABLE CUSTOMIZATIONS
20.4.1 AUTOMOTIVE SUSPENSION MARKET, ICE VEHICLE TYPE (COUNTRY LEVEL)
20.4.1.1 Passenger cars
20.4.1.1.1 Front Suspension, By Architecture
20.4.1.1.1.1 MacPherson Strut
20.4.1.1.1.2 Double Wishbone
20.4.1.1.1.3 Multilink
20.4.1.1.1.4 Twist Beam/Torsion Beam
20.4.1.1.1.5 Air Suspension
20.4.1.1.2 Rear Suspension, By Architecture
20.4.1.1.2.1 MacPherson Strut
20.4.1.1.2.2 Double Wishbone
20.4.1.1.2.3 Multilink
20.4.1.1.2.4 Twist Beam/Torsion Beam
20.4.1.1.2.5 Air suspension
20.4.1.2 LCVs
20.4.1.2.1 Front Suspension, By Architecture
20.4.1.2.1.1 MacPherson Strut
20.4.1.2.1.2 Double Wishbone
20.4.1.2.1.3 Multilink
20.4.1.2.1.4 Twist Beam/Torsion Beam
20.4.1.2.1.5 Leaf Spring
20.4.1.2.1.6 Air Suspension
20.4.1.2.2 Rear Suspension, By Architecture
20.4.1.2.2.1 MacPherson Strut
20.4.1.2.2.2 Double Wishbone
20.4.1.2.2.3 Multilink
20.4.1.2.2.4 Twist Beam/Torsion Beam
20.4.1.2.2.5 Leaf Spring
20.4.1.2.2.6 Air Suspension
20.4.1.3 HCVs
20.4.2 PASSIVE, SEMI-ACTIVE, AND ACTIVE SUSPENSION, BY ARCHITECTURE (COUNTRY LEVEL)
20.4.2.1 MacPherson Strut
20.4.2.2 Double Wishbone
20.4.2.3 Multilink
20.4.2.4 Twist Beam/Torsion Beam
20.4.2.5 Leaf Spring Suspension
20.4.2.6 Air Suspension
20.4.3 AUTOMOTIVE SUSPENSION MARKET, ELECTRIC & HYBRID VEHICLE (REGIONAL LEVEL)
20.4.3.1 BEV
20.4.3.1.1 Front Suspension, By Architecture
20.4.3.1.2 Rear Suspension, By Architecture
20.4.3.2 PHEV
20.4.3.2.1 Front Suspension, By Architecture
20.4.3.2.2 Rear Suspension, By Architecture
20.4.3.3 FCEV
20.4.3.3.1 Front Suspension, By Architecture
20.4.3.3.2 Rear Suspension, By Architecture
20.4.4 OFF-HIGHWAY SUSPENSION MARKET, BY TYPE AND REGION (REGIONAL LEVEL)
20.4.4.1 Construction Equipment
20.4.4.1.1 Mechanical
20.4.4.1.2 Pneumatic
20.4.4.1.3 Hydro-pneumatic
20.4.4.2 Agricultural Tractors
20.4.4.2.1 Mechanical
20.4.4.2.2 Pneumatic
20.5 RELATED REPORTS
20.6 AUTHOR DETAILS
LIST OF TABLES (415 Tables)
TABLE 1 AUTOMOTIVE SUSPENSION MARKET: INCLUSIONS & EXCLUSIONS
TABLE 2 ASSUMPTIONS
TABLE 3 ASSUMPTIONS: ARCHITECTURE
TABLE 4 MARKET ASSUMPTIONS
TABLE 5 SUSPENSION ARCHITECTURE GROWTH RATES, 2022–2027
TABLE 6 SUSPENSION ARCHITECTURE FOR ELECTRIC VEHICLES, 2021
TABLE 7 ATV SUSPENSION ARCHITECTURE
TABLE 8 OE COST COMPARISON: CONVENTIONAL VS ADVANCED SUSPENSIONS
TABLE 9 MARKET (REALISTIC SCENARIO), BY REGION, 2018–2027 (USD MILLION)
TABLE 10 MARKET (LOW-IMPACT SCENARIO), BY REGION, 2018–2027 (USD MILLION)
TABLE 11 MARKET (HIGH-IMPACT SCENARIO), BY REGION, 2018–2027 (USD MILLION)
TABLE 12 MARKET: ROLE OF COMPANIES IN ECOSYSTEM
TABLE 13 AVERAGE REGIONAL PRICE TREND: LIGHT-DUTY VEHICLE SUSPENSION SYSTEM (USD/UNIT), 2021
TABLE 14 AVERAGE REGIONAL PRICE TREND: TRUCK SUSPENSION SYSTEM (USD/UNIT), 2021
TABLE 15 AVERAGE REGIONAL PRICE TREND: AUTOMOTIVE SUSPENSION COMPONENTS OE COST, 2021
TABLE 16 KEY BUYING CRITERIA FOR ON-HIGHWAY VEHICLE APPLICATIONS
TABLE 17 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR ON-HIGHWAY VEHICLE APPLICATIONS (%)
TABLE 18 IMPORT TRADE DATA, BY COUNTRY, 2021
TABLE 19 EXPORT TRADE DATA, BY COUNTRY, 2021
TABLE 20 SAFETY REGULATIONS, BY COUNTRY/REGION
TABLE 21 MARKET: DETAILED LIST OF CONFERENCES & EVENTS
TABLE 22 MARKET, BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 23 MARKET, BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 24 MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 25 MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
TABLE 26 PASSENGER CARS SUSPENSION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 27 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 28 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 29 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 30 LCVS SUSPENSION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 31 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 32 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 33 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 34 TRUCKS SUSPENSION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 35 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 36 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 37 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 38 BUSES SUSPENSION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 39 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 40 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 41 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 42 MARKET, BY SYSTEM , 2018–2021 (THOUSAND UNITS)
TABLE 43 MARKET, BY SYSTEM, 2022–2027 (THOUSAND UNITS)
TABLE 44 MARKET, BY SYSTEM, 2018–2021 (USD MILLION)
TABLE 45 MARKET, BY SYSTEM, 2022–2027 (USD MILLION)
TABLE 46 PASSIVE SYSTEM MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 47 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 48 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 49 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 50 SEMI-ACTIVE SYSTEM MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 51 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 52 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 53 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 54 ACTIVE SYSTEM MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 55 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 56 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 57 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 58 MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 59 MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 60 MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 61 MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 62 PASSENGER CAR MODELS WITH MACPHERSON STRUT AT FRONT/REAR AXLE, 2021
TABLE 63 MACPHERSON STRUT: MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 64 MACPHERSON STRUT: MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 65 MACPHERSON STRUT: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 66 MACPHERSON STRUT: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 67 PASSENGER CAR MODELS WITH DOUBLE WISHBONE AT FRONT/REAR AXLE, 2021
TABLE 68 DOUBLE WISHBONE: MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 69 DOUBLE WISHBONE: MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 70 DOUBLE WISHBONE: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 71 DOUBLE WISHBONE: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 72 PASSENGER CAR MODELS WITH MULTILINK SUSPENSION AT FRONT/REAR AXLE, 2021
TABLE 73 MULTILINK: MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 74 MULTILINK: MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 75 MULTILINK: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 76 MULTILINK: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 77 PASSENGER CAR MODELS WITH TWIST BEAM/TORSION BEAM SUSPENSION AT FRONT/REAR AXLE, 2021
TABLE 78 TWIST BEAM/TORSION BEAM: MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 79 TWIST BEAM/TORSION BEAM: MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 80 TWIST BEAM/TORSION BEAM: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 81 TWIST BEAM/TORSION BEAM: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 82 LEAF SPRING: MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 83 LEAF SPRING: MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 84 LEAF SPRING: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 85 LEAF SPRING: MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 86 PASSENGER CAR MODELS WITH AIR SUSPENSION AT FRONT/REAR AXLE, 2021
TABLE 87 AIR SUSPENSION: MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 88 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 89 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 90 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 91 HYDRAULICALLY ACTUATED VS. ELECTRONICALLY ACTUATED SUSPENSION SYSTEMS
TABLE 92 ACTIVE SUSPENSION MARKET, BY ACTUATION, 2018–2021 (THOUSAND UNITS)
TABLE 93 MARKET, BY ACTUATION, 2022–2027 (THOUSAND UNITS)
TABLE 94 MARKET, BY ACTUATION, 2018–2021 (USD MILLION)
TABLE 95 MARKET, BY ACTUATION, 2022–2027 (USD MILLION)
TABLE 96 HYDRAULICALLY ACTUATED ACTIVE SUSPENSION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 97 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 98 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 99 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 100 ELECTRONICALLY ACTUATED ACTIVE SUSPENSION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 101 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 102 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 103 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 104 AUTOMOTIVE SUSPENSION OE MARKET, BY COMPONENT, 2018–2021 (MILLION UNITS)
TABLE 105 MARKET, BY COMPONENT, 2022–2027 (MILLION UNITS)
TABLE 106 MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 107 MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 108 COIL SPRINGS OE MARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 109 COIL SPRINGS OE MARKET, BY REGION, 2022-2027(MILLION UNITS)
TABLE 110 COIL SPRINGS OE MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 111 COIL SPRINGS OE MARKET, BY REGION, 2022-2027(USD MILLION)
TABLE 112 AIR SPRINGS OE MARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 113 AIR SPRINGS OE MARKET, BY REGION, 2022–2027 (MILLION UNITS)
TABLE 114 AIR SPRINGS OE MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 115 AIR SPRINGS OE MARKET, BY REGION, 2022-2027(USD MILLION)
TABLE 116 SHOCK ABSORBERS OE MARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 117 SHOCK ABSORBERS OE MARKET, BY REGION, 2022-2027(MILLION UNITS)
TABLE 118 SHOCK ABSORBERS OE MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 119 SHOCK ABSORBERS OE MARKET, BY REGION, 2022-2027(USD MILLION)
TABLE 120 STRUTS OE MARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 121 STRUTS OE MARKET, BY REGION, 2022-2027(MILLION UNITS)
TABLE 122 STRUTS OE MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 123 STRUTS OE MARKET, BY REGION, 2022-2027(USD MILLION)
TABLE 124 CONTROL ARMS OE MARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 125 CONTROL ARMS OE MARKET, BY REGION, 2022-2027(MILLION UNITS)
TABLE 126 CONTROL ARMS OE MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 127 CONTROL ARMS OE MARKET, BY REGION, 2022-2027(USD MILLION)
TABLE 128 RUBBER BUSHINGS OE MARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 129 RUBBER BUSHINGS OE MARKET, BY REGION, 2022-2027(MILLION UNITS)
TABLE 130 RUBBER BUSHINGS OE MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 131 RUBBER BUSHINGS OE MARKET, BY REGION, 2022-2027(USD MILLION)
TABLE 132 LEAF SPRINGS OE MARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 133 LEAF SPRINGS OE MARKET, BY REGION, 2022-2027(MILLION UNITS)
TABLE 134 LEAF SPRINGS OE MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 135 LEAF SPRINGS OE MARKET, BY REGION, 2022-2027(USD MILLION)
TABLE 136 LINK STABILIZERS/SWAY BARS OE MARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 137 LINK STABILIZERS/SWAY BARS OE MARKET, BY REGION, 2022-2027(MILLION UNITS)
TABLE 138 LINK STABILIZERS/SWAY BARS OE MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 139 LINK STABILIZERS/SWAY BARS OE MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 140 BALL JOINTS OE MARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 141 BALL JOINTS OE MARKET, BY REGION, 2022–2027 (MILLION UNITS)
TABLE 142 BALL JOINTS OE MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 143 BALL JOINTS OE MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 144 COMPONENT REPLACEMENT MILES, BY COMPONENT & VEHICLE TYPE, 2021 (MILES)
TABLE 145 AUTOMOTIVE SUSPENSION AFTERMARKET, BY COMPONENT, 2018–2021 (MILLION UNITS)
TABLE 146 AFTERMARKET, BY COMPONENT, 2022–2027 (MILLION UNITS)
TABLE 147 AFTERMARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 148 AFTERMARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 149 SHOCK ABSORBERS AFTERMARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 150 SHOCK ABSORBERS AFTERMARKET, BY REGION, 2022–2027 (MILLION UNITS)
TABLE 151 SHOCK ABSORBERS AFTERMARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 152 SHOCK ABSORBERS AFTERMARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 153 STRUTS AFTERMARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 154 STRUTS AFTERMARKET, BY REGION, 2022–2027 (MILLION UNITS)
TABLE 155 STRUTS AFTERMARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 156 STRUTS AFTERMARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 157 BALL JOINTS AFTERMARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 158 BALL JOINTS AFTERMARKET, BY REGION, 2022–2027 (MILLION UNITS)
TABLE 159 LEAF SPRINGS AFTERMARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 160 LEAF SPRINGS AFTERMARKET, BY REGION, 2022–2027 (MILLION UNITS)
TABLE 161 LEAF SPRINGS AFTERMARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 162 LEAF SPRINGS AFTERMARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 163 CONTROL ARMS AFTERMARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 164 CONTROL ARMS AFTERMARKET, BY REGION, 2022–2027 (MILLION UNITS)
TABLE 165 CONTROL ARMS AFTERMARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 166 CONTROL ARMS AFTERMARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 167 COIL SPRINGS AFTERMARKET, BY REGION, 2018–2021 (MILLION UNITS)
TABLE 168 COIL SPRINGS AFTERMARKET, BY REGION, 2022–2027 (MILLION UNITS)
TABLE 169 COIL SPRINGS AFTERMARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 170 COIL SPRINGS AFTERMARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 171 ELECTRIC & HYBRID PASSENGER CAR SUSPENSION MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 172 MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 173 MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 174 MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 175 BEVS SUSPENSION MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 176 MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 177 MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 178 MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 179 PHEVS SUSPENSION MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 180 MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 181 MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 182 MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 183 FCEVS SUSPENSION MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 184 MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 185 MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 186 MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 187 ASIA PACIFIC: ELECTRIC & HYBRID VEHICLES SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 188 ASIA PACIFIC: MARKET, BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 189 ASIA PACIFIC: MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 190 ASIA PACIFIC: MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
TABLE 191 EUROPE: MARKET, BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 192 EUROPE: MARKET, BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 193 EUROPE: MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 194 EUROPE: MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
TABLE 195 NORTH AMERICA: MARKET, BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 196 NORTH AMERICA: MARKET, BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 197 NORTH AMERICA: MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 198 NORTH AMERICA: MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
TABLE 199 BALL JOINTS AFTERMARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 200 BALL JOINTS AFTERMARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 201 ELECTRIC & HYBRID HCVS SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 202 MARKET, BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 203 MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 204 MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
TABLE 205 ASIA PACIFIC: MARKET, BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 206 ASIA PACIFIC: MARKET, BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 207 ASIA PACIFIC: MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 208 ASIA PACIFIC: MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
TABLE 209 EUROPE: MARKET, BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 210 EUROPE: MARKET, BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 211 EUROPE: MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 212 EUROPE: MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
TABLE 213 NORTH AMERICA: ELECTRIC & HYBRID HCVS SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 214 NORTH AMERICA: MARKET, BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 215 NORTH AMERICA: MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 216 NORTH AMERICA: MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
TABLE 217 ELECTRIC & HYBRID TRUCKS SUSPENSION MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 218 MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 219 MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 220 MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 221 MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 222 MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 223 MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 224 MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 225 OFF-HIGHWAY VEHICLES SUSPENSION MARKET, BY APPLICATION, 2018–2021 (THOUSAND UNITS)
TABLE 226 MARKET, BY APPLICATION, 2022–2027 (THOUSAND UNITS)
TABLE 227 MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 228 MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 229 CONSTRUCTION EQUIPMENT SUSPENSION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 230 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 231 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 232 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 233 AGRICULTURAL TRACTORS SUSPENSION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 234 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 235 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 236 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 237 ALL-TERRAIN VEHICLES SUSPENSION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 238 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 239 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 240 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 241 LIST OF ASSUMPTIONS, BY ARCHITECTURE AND VEHICLE TYPE
TABLE 242 AUTOMOTIVE SUSPENSION MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 243 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 244 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 245 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 246 MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 247 MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 248 MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 249 MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 250 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
TABLE 251 ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
TABLE 252 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 253 ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 254 ASIA PACIFIC: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 255 ASIA PACIFIC: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 256 ASIA PACIFIC: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 257 ASIA PACIFIC: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 258 CHINA: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 259 CHINA: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 260 CHINA: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 261 CHINA: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 262 INDIA: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 263 INDIA: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 264 INDIA: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 265 INDIA: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 266 JAPAN: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 267 JAPAN: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 268 JAPAN: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 269 JAPAN: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 270 SOUTH KOREA: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 271 SOUTH KOREA: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 272 SOUTH KOREA: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 273 SOUTH KOREA: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 274 REST OF ASIA PACIFIC: AUTOMOTIVE SUSPENSION MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 275 REST OF ASIA PACIFIC: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 276 REST OF ASIA PACIFIC: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 277 REST OF ASIA PACIFIC: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 278 EUROPE: MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
TABLE 279 EUROPE: MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
TABLE 280 EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 281 EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 282 EUROPE: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 283 EUROPE: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 284 EUROPE: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 285 EUROPE: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 286 GERMANY: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 287 GERMANY: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 288 GERMANY: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 289 GERMANY: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 290 UK: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 291 UK: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 292 UK: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 293 UK: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 294 FRANCE: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 295 FRANCE: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 296 FRANCE: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 297 FRANCE: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 298 SPAIN: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 299 SPAIN: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 300 SPAIN: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 301 SPAIN: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 302 ITALY: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 303 ITALY: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 304 ITALY: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 305 ITALY: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 306 RUSSIA: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 307 RUSSIA: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 308 RUSSIA: ARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 309 RUSSIA: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 310 REST OF EUROPE: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 311 REST OF EUROPE: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 312 REST OF EUROPE: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 313 REST OF EUROPE: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 314 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
TABLE 315 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
TABLE 316 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 317 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 318 NORTH AMERICA: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 319 NORTH AMERICA: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 320 NORTH AMERICA: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 321 NORTH AMERICA: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 322 US: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 323 US: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 324 US: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 325 US: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 326 MEXICO: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 327 MEXICO: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 328 MEXICO: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 329 MEXICO: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 330 CANADA: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 331 CANADA: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 332 CANADA: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 333 CANADA: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 334 ROW: MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
TABLE 335 ROW: MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
TABLE 336 ROW: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 337 ROW: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 338 ROW: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 339 ROW: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 340 ROW: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 341 ROW: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 342 BRAZIL: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 343 BRAZIL: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 344 BRAZIL: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 345 BRAZIL: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 346 SOUTH AFRICA: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 347 SOUTH AFRICA: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 348 SOUTH AFRICA: MARKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 349 SOUTH AFRICA: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 350 OTHER COUNTRIES: MARKET, BY ARCHITECTURE, 2018–2021 (THOUSAND UNITS)
TABLE 351 OTHER COUNTRIES: MARKET, BY ARCHITECTURE, 2022–2027 (THOUSAND UNITS)
TABLE 352 OTHER COUNTRIES: MRKET, BY ARCHITECTURE, 2018–2021 (USD MILLION)
TABLE 353 OTHER COUNTRIES: MARKET, BY ARCHITECTURE, 2022–2027 (USD MILLION)
TABLE 354 MARKET SHARE ANALYSIS FOR OE MARKET, 2021
TABLE 355 SHOCK ABSORBERS: NORTH AMERICA MARKET RANKING ANALYSIS, 2021
TABLE 356 SUSPENSION SPRINGS: NORTH AMERICA MARKET RANKING ANALYSIS, 2021
TABLE 357 BALL JOINTS: NORTH AMERICA MARKET RANKING ANALYSIS, 2021
TABLE 358 SUBFRAME/SUSPENSION MEMBERS: NORTH AMERICA MARKET RANKING ANALYSIS, 2021
TABLE 359 PRODUCT LAUNCHES, 2019–2022
TABLE 360 DEALS, 2019–2022
TABLE 361 OTHER DEVELOPMENTS, 2019–2022
TABLE 362 AUTOMOTIVE SUSPENSION MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 363 MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS
TABLE 364 ZF FRIEDRICHSHAFEN AG: BUSINESS OVERVIEW
TABLE 365 ZF FRIEDRICHSHAFEN AG: PRODUCTS OFFERED
TABLE 366 ZF FRIEDRICHSHAFEN AG: NEW PRODUCT DEVELOPMENTS
TABLE 367 ZF FRIEDRICHSHAFEN AG: DEALS
TABLE 368 TENNECO INC.: BUSINESS OVERVIEW
TABLE 369 TENNECO INC.: PRODUCTS OFFERED
TABLE 370 TENNECO INC.: NEW PRODUCT DEVELOPMENTS
TABLE 371 TENNECO INC.: DEALS
TABLE 372 TENNECO INC.: OTHER DEVELOPMENTS
TABLE 373 CONTINENTAL AG: BUSINESS OVERVIEW
TABLE 374 CONTINENTAL AG: PRODUCTS OFFERED
TABLE 375 CONTINENTAL AG: NEW PRODUCT DEVELOPMENTS
TABLE 376 CONTINENTAL AG: OTHER DEVELOPMENTS
TABLE 377 THYSSENKRUPP AG: BUSINESS OVERVIEW
TABLE 378 THYSSENKRUPP AG: PRODUCTS OFFERED
TABLE 379 THYSSENKRUPP AG: OTHER DEVELOPMENTS
TABLE 380 KYB CORPORATION: BUSINESS OVERVIEW
TABLE 381 KYB CORPORATION: PRODUCTS OFFERED
TABLE 382 KYB CORPORATION: NEW PRODUCT DEVELOPMENTS
TABLE 383 KYB CORPORATION: OTHER DEVELOPMENTS
TABLE 384 BENTELER: BUSINESS OVERVIEW
TABLE 385 BENTELER: PRODUCTS OFFERED
TABLE 386 BENTELER: OTHER DEVELOPMENTS
TABLE 387 NHK SPRING: BUSINESS OVERVIEW
TABLE 388 NHK SPRING: PRODUCTS OFFERED
TABLE 389 MERITOR, INC.: BUSINESS OVERVIEW
TABLE 390 MERITOR, INC.: PRODUCTS OFFERED
TABLE 391 MANDO CORPORATION: BUSINESS OVERVIEW
TABLE 392 MANDO CORPORATION: PRODUCTS OFFERED
TABLE 393 MARELLI HOLDINGS CO., LTD.: BUSINESS OVERVIEW
TABLE 394 MARELLI HOLDINGS CO., LTD.: PRODUCTS OFFERED
TABLE 395 MARELLI HOLDINGS CO., LTD.: DEALS
TABLE 396 HYUNDAI MOBIS: BUSINESS OVERVIEW
TABLE 397 HITACHI ASTEMO CO., LTD.: BUSINESS OVERVIEW
TABLE 398 BWI GROUP: BUSINESS OVERVIEW
TABLE 399 SOGEFI: BUSINESS OVERVIEW
TABLE 400 EIBACH: BUSINESS OVERVIEW
TABLE 401 GESTAMP: BUSINESS OVERVIEW
TABLE 402 SIDEM: BUSINESS OVERVIEW
TABLE 403 PEDDERS SUSPENSION: BUSINESS OVERVIEW
TABLE 404 RTS S.A.: BUSINESS OVERVIEW
TABLE 405 YSS SUSPENSION: BUSINESS OVERVIEW
TABLE 406 HENDRICKSON USA, L.L.C.: BUSINESS OVERVIEW
TABLE 407 BELLTECH: BUSINESS OVERVIEW
TABLE 408 SKYJACKER SUSPENSIONS: BUSINESS OVERVIEW
TABLE 409 MULTIMATIC INC.: BUSINESS OVERVIEW
TABLE 410 KING SUSPENSION: BUSINESS OVERVIEW
TABLE 411 FOX FACTORY. INC.: BUSINESS OVERVIEW
TABLE 412 RANCHO SUSPENSION: BUSINESS OVERVIEW
TABLE 413 TEIN U.S.A.: BUSINESS OVERVIEW
TABLE 414 AIR LIFT COMPANY: BUSINESS OVERVIEW
TABLE 415 MOOG: BUSINESS OVERVIEW
LIST OF FIGURES (64 Figures)
FIGURE 1 RESEARCH DESIGN
FIGURE 2 RESEARCH METHODOLOGY MODEL
FIGURE 3 KEY DATA FROM SECONDARY SOURCES
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
FIGURE 6 AUTOMOTIVE SUSPENSION MARKET SIZE: BOTTOM-UP APPROACH (ARCHITECTURE AND REGION)
FIGURE 7 MARKET SIZE: BOTTOM-UP APPROACH (AFTERMARKET BY COMPONENT)
FIGURE 8 MARKET SIZE: TOP-DOWN APPROACH (ACTUATION TYPE)
FIGURE 9 FACTOR ANALYSIS
FIGURE 10 DATA TRIANGULATION
FIGURE 11 REPORT SUMMARY
FIGURE 12 MARKET, BY REGION, 2022 VS. 2027 (USD MILLION)
FIGURE 13 RISING AWARENESS ABOUT PASSENGER COMFORT EXPECTED TO DRIVE MARKET
FIGURE 14 PASSIVE SEGMENT ESTIMATED TO LEAD MARKET FROM 2022 TO 2027 (USD MILLION)
FIGURE 15 AIR SUSPENSION SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (USD MILLION)
FIGURE 16 TRUCKS SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (USD MILLION)
FIGURE 17 RUBBER BUSHINGS SEGMENT EXPECTED TO LEAD MARKET DURING FORECAST PERIOD (USD MILLION)
FIGURE 18 STRUTS SEGMENT PROJECTED TO LEAD AUTOMOTIVE SUSPENSION AFTERMARKET FROM 2022 TO 2027 (USD MILLION)
FIGURE 19 AIR SUSPENSION IS ESTIMATED TO HOLD LARGEST MARKET SHARE IN 2022
FIGURE 20 ELECTRIC & HYBRID BUSES ESTIMATED TO HOLD LARGER MARKET SHARE IN 2022
FIGURE 21 ELECTRONICALLY ACTUATED SEGMENT PROJECTED REGISTER HIGHER CAGR DURING FORECAST PERIOD
FIGURE 22 CONSTRUCTION EQUIPMENT SEGMENT ESTIMATED TO HOLD LARGER MARKET SHARE IN 2022
FIGURE 23 ASIA PACIFIC PROJECTED TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD (USD MILLION)
FIGURE 24 ASIA PACIFIC ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022
FIGURE 25 MARKET DYNAMICS
FIGURE 26 GLOBAL SUV/MUV PRODUCTION, 2018 VS 2027
FIGURE 27 ELECTRIC CAR SALES, 2018–2027 (THOUSAND UNITS)
FIGURE 28 AIR SUSPENSION MARKET, 2021–2025
FIGURE 29 ENERGY POTENTIAL OF REGENERATIVE SUSPENSION, BY VEHICLE TYPE
FIGURE 30 GLOBAL ATV SALES, 2020–2026 (THOUSAND UNITS)
FIGURE 31 MARKET SCENARIO, 2018–2027 (USD MILLION)
FIGURE 32 PORTER’S FIVE FORCES ANALYSIS: PRESENCE OF ESTABLISHED GLOBAL PLAYERS INCREASES DEGREE OF COMPETITION
FIGURE 33 SUPPLY CHAIN ANALYSIS: MARKET
FIGURE 34 NORTH AMERICA SUPPLY CHAIN ANALYSIS: MARKET
FIGURE 35 KEY BUYING CRITERIA FOR ON-HIGHWAY VEHICLE APPLICATIONS
FIGURE 36 SHIFT OF FOCUS FROM PASSIVE TOWARD ACTIVE SUSPENSION SYSTEMS
FIGURE 37 MARKET, BY VEHICLE TYPE, 2022 VS. 2027 (USD MILLION)
FIGURE 38 MARKET, BY SYSTEM, 2022 VS. 2027 (USD MILLION)
FIGURE 39 MARKET, BY ARCHITECTURE, 2022 VS. 2027 (USD MILLION)
FIGURE 40 MARKET, BY ACTUATION, 2022 VS. 2027 (USD MILLION)
FIGURE 41 AUTOMOTIVE SUSPENSION OE MARKET, BY COMPONENT, 2022 VS. 2027 (USD MILLION)
FIGURE 42 AUTOMOTIVE SUSPENSION AFTERMARKET, BY COMPONENT, 2022 VS. 2027 (USD MILLION)
FIGURE 43 MARKET, BY ARCHITECTURE, 2022 VS. 2027 (USD MILLION)
FIGURE 44 ELECTRIC & HYBRID HCVS SUSPENSION MARKET, BY VEHICLE TYPE, 2022 VS. 2027 (USD MILLION)
FIGURE 45 MARKET, BY APPLICATION, 2022 VS 2027 (USD MILLION)
FIGURE 46 MARKET, BY REGION, 2022 VS 2027 (USD MILLION)
FIGURE 47 MARKET, BY REGION, 2022 VS. 2027 (USD MILLION)
FIGURE 48 ASIA PACIFIC: MARKET SNAPSHOT
FIGURE 49 EUROPE: MARKET, BY COUNTRY, 2022 VS. 2027 (USD MILLION)
FIGURE 50 NORTH AMERICA: MARKET SNAPSHOT
FIGURE 51 ROW: MARKET, BY COUNTRY, 2021 VS. 2027 (USD MILLION)
FIGURE 52 MARKET SHARE ANALYSIS, 2021
FIGURE 53 COMPETITIVE EVALUATION MATRIX- SUSPENSION SYSTEM MANUFACTURERS, 2021
FIGURE 54 COMPETITIVE EVALUATION MATRIX- SHOCK ABSORBER MANUFACTURERS, 2021
FIGURE 55 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENTS AND EXPANSIONS AS KEY GROWTH STRATEGIES, 2019–2022
FIGURE 56 ZF FRIEDRICHSHAFEN AG: COMPANY SNAPSHOT
FIGURE 57 TENNECO INC.: COMPANY SNAPSHOT
FIGURE 58 CONTINENTAL AG: COMPANY SNAPSHOT
FIGURE 59 THYSSENKRUPP AG: COMPANY SNAPSHOT
FIGURE 60 KYB CORPORATION: COMPANY SNAPSHOT
FIGURE 61 BENTELER: COMPANY SNAPSHOT
FIGURE 62 NHK SPRING: COMPANY SNAPSHOT
FIGURE 63 MERITOR, INC.: COMPANY SNAPSHOT
FIGURE 64 MANDO CORPORATION: COMPANY SNAPSHOT
The study involves four main activities to estimate the current size of the automotive suspension market. Exhaustive secondary research was done to collect information on the market, such as automotive suspension type and usage of suspension type in automotive applications. The next step was to validate these findings, assumptions, and market analysis with industry experts across value chains through primary research. Bottom-up and top-down approaches were employed to estimate the complete market size for different segments considered under this study. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.
Secondary Research
Secondary sources referred to in this research study include Organisation Internationale des Constructeurs d'Automobiles (OICA); Consumer Specialty Products Association; SAE International; corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and automotive associations. The secondary data was collected and analyzed to arrive at the overall market size, which is further validated by primary research. Trade websites and technical articles have been used to identify and collect information useful for an extensive commercial study of the automotive suspension market.
Primary Research
Extensive primary research was conducted after acquiring an understanding of the automotive suspension market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand- (vehicle manufacturers) and supply-side (automotive suspension manufacturers, component manufacturers, and others) players across three major regions, namely, North America, Europe, and Asia Pacific. Approximately 70% and 30% of the primary interviews were conducted from the supply and demand sides, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews. Various departments within organizations, including sales, operations, and administration strived, to provide a holistic viewpoint in reports while canvassing primaries.
After interacting with industry participants, some brief sessions were conducted with experienced independent consultants to reinforce the findings from the primaries. This, along with the opinions of in-house subject matter experts, has led to the findings delineated in the rest of this report:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
A detailed market estimation approach was followed to estimate and validate the value and volume of the automotive suspension market and other dependent submarkets, as mentioned below:
- Key players in the market were identified through secondary research, and their global market shares were determined through primary and secondary research.
- The research methodology included the study of annual and quarterly financial reports and regulatory filings of major market players (public) as well as interviews with industry experts for detailed market insights.
- All industry-level penetration rates, percentage shares, splits, and breakdowns for the market were determined using secondary sources and verified through primary sources.
- All key macro indicators affecting the revenue growth of the market segments and subsegments were accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the validated and verified quantitative and qualitative data.
- The gathered market data was consolidated and added with detailed inputs, analyzed, and presented in this report.
Automotive Suspension Market Size: Bottom-Up Approach (Architecture and Region)
To know about the assumptions considered for the study, Request for Free Sample Report
Automotive Suspension Market Size: Bottom-Up Approach (Aftermarket By Component)
Active Suspension Market Size: Top-Down Approach (Actuation Type)
Data Triangulation
After arriving at the overall market size of the global market through the above-mentioned methodology, this market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact data for the market by value for the key segments and subsegments. The extrapolated market data was triangulated by studying various macro indicators and regional trends from both the demand- and supply-side participants.
Report Objectives
- To define, describe, and forecast the size of the automotive suspension market, in terms of volume (units) and value (USD million)
-
To forecast the market size, by volume and value with respect to
- Vehicle Type (Passenger Cars, Light Commercial Vehicles, Trucks, and Buses)
- System (Passive, Semi-active, and Active)
- Architecture (MacPherson Strut, Double Wishbone, Multilink, Twist Beam/Torsion Beam, Leaf Spring, and Air Suspension)
- Active Suspension Market, by Actuation (Hydraulically Actuated and Electronically Actuated)
- OE Market, by Component (Coil Springs, Air Springs, Shock Absorbers, Struts, Control Arms, Rubber Bushings, Leaf Springs, Link Stabilizers/Sway Bars, and Ball Joints)
- Aftermarket, by Component (Shock Absorbers, Struts, Ball Joints, Leaf Springs, Control Arms, and Coil Springs)
- Electric & Hybrid Passenger Cars Suspension Market, by Architecture (MacPherson Strut, Double Wishbone, Multilink, Twist Beam/Torsion Beam, and Air Suspension)
- Electric & Hybrid Trucks & Buses Suspension Market, by Vehicle Type (Trucks and Buses)
- Off-highway Suspension Market, by Application (Construction & Mining and Agricultural Tractors)
- ATV Suspension Market, by Region (Asia Pacific, Europe, and North America)
- Region (Asia Pacific, Europe, North America, and Rest of the World)
- To understand the global and North America-specific supply chain analysis
- To understand market dynamics (drivers, restraints, opportunities, and challenges) of the market
- To analyze the share of key players operating in the market as well as analyze the North American market players for components such as shock absorbers, suspension springs, ball joints, and sub-frames/suspension members
- To analyze the competitive landscape and company profiles of global players operating in the market
- To analyze and understand the customer buying behavior in the suspension system OE & aftermarket
- To understand the dynamics of competitors and distinguish them into stars, emerging leaders, pervasive players, and emerging companies according to the strength of their product portfolio and business strategies
- To strategically analyze the market with patent analysis, trade analysis, and COVID-19 impact.
- To analyze recent developments, mergers & acquisitions, expansions, and other activities carried out by key industry participants in
Generating Response ...
Growth opportunities and latent adjacency in Automotive Suspension Market
How do emerging markets offer revenue expansion opportunities in Automotive Suspension Market?
I am interested to get the report for Vietnam manufacturer air suspension market and how many registered car user with car brand in Vietnam market.
What are the sources used for the market figures and a segmentation between OEMs and Aftermarket?
I need to get information such as graph with numerical values for the size of global automotive suspension part market.
Hello! i am about to provide suspension parts to Indian automobile vehicles as a vendor. I want to know various suspension segments that are available in the industry within different countries.
I would like to understand 1) Market share of the biggest companies, 2) Market size with respect to technology (Active/Semi-Active/Passive)
I need to understand suspension market for Electric quadricycles, Electric three wheelers , L7 vehicles, L6 vehicles and L5 vehicles
Global market share of suspension by system(passive, semiactive, active) and supplier (Sachs, KYB, Mando, etc). Is this report contain this information?
In which vehicles in general are air suspension compressors to find? In which vehicles worldwide can they be installed? (types, quantity, not only OEMs) Data about air suspension compressors on the commercial vehicle market in China: Trucks, agricultural vehicle Is there a tendency, that EVs use air suspension compressors regulary?