The Automotive Suspension Systems Global Market Report 2023, provides comprehensive information on the automotive suspension systems market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Automotive Suspension Systems Global Market Report 2023, the market size is expected to grow from $60.2 billion in 2022 to $63.8 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of automotive suspension systems market is expected to grow to $80.18 billion in 2027 at a CAGR of 5.9%.

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The automotive suspension systems market is segmented:

1) By Type: Passive Suspensions Systems, Semi-Active Suspensions Systems, Active Suspensions Systems
2) By Component: Coil Spring, Leaf Spring, Air Spring, Shock Absorbers, Other Components
3) By Application: Passenger Vehicles, Commercial Vehicles

Asia-Pacific was the largest region in the automotive suspension systems market in 2022.

The table of contents in TBRC’s automotive suspension systems market report includes:
1. Executive Summary
2. Automotive Suspension Systems market Characteristics
3. Automotive Suspension Systems market Trends And Strategies
4. Automotive Suspension Systems Market – Macro Economic Scenario
5. Automotive Suspension Systems market Size And Growth
.....

26. Africa Automotive Suspension Systems market
27. Automotive Suspension Systems market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Suspension Systems market
29. Automotive Suspension Systems market Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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