Passenger car is expected to remain the largest segment in the global automotive suspension market


Posted March 20, 2022 by Lucintel

Passenger car is expected to remain the largest segment in the global automotive suspension market
 
An exciting new study from the team of Lucintel found thatautomotive suspension market is expected to reach $48.6 billion by 2025 with a CAGR of 1.2%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The automotive suspension market is segmented based on vehicle, system, damping, end user, material, and region. In this market, passenger car is the largest segment by vehicle type, whereas passive suspension system is largest by system. Players can benefit from the available opportunities likehigher vehicle production, increasing government regulations for safety and security, and consumer demand for improved suspensions during the forecast period.
The development of lightweight suspensions, the introduction of electronic suspension technology, and the introduction of energy recovery suspension systems are emerging trends having impact on dynamics of the industry.
Benteler International, Tenneco Inc., ZF Friedrichshafen AG, KYB Corporation, and Magneti Marelli S.p.A and others are some of the major players profiled in this 209page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the automotive suspensionmarket by vehicle type (passenger car, light commercial vehicle, and heavy commercial vehicle), by system (passive suspension system, active suspension system, and semi- active suspension system), by damping type (hydraulic suspension, air suspension, leaf spring suspension, and others), end user (OEM and aftermarket), by material type (steel, composites, and others) and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the automotive suspensionmarket?
Q.4 What are some changing demands of customers in the automotive suspensionmarket?
Q.5 What are the new developments in the automotive suspensionmarket? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this automotive suspensionarea and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this automotive suspensionmarket?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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Issued By Lucintel
Country United States
Categories Business
Last Updated March 20, 2022