Global Automotive Suspension Market Size, Share & Global Forecast 2018-2025 (1) - PowerPoint PPT Presentation

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Global Automotive Suspension Market Size, Share & Global Forecast 2018-2025 (1)

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Global automotive suspension market size was valued at USD 76.94 billion in 2017 and the market is estimated to grow at the CAGR of 4.8% during the forecast period. The global automotive suspension market is primarily driven by increasing adoption of advanced suspension systems in vehicles to offer comfortable and safer riding experience. Similarly, the rising demand from developing countries specifically due to poor road infrastructure coupled with government initiatives will fuel the growth for automotive suspension market. – PowerPoint PPT presentation

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Title: Global Automotive Suspension Market Size, Share & Global Forecast 2018-2025 (1)


1
Global Automotive Suspension Market
  • Size 2017 by Type (Air, Hydraulic, Leaf), by
    Vehicle Type (Passenger Vehicle Commercial
    Vehicle), by System (Passive, Semi/Active), by
    Region and Forecast 2018 to 2025

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2
Automotive Suspension Market Size, Status and
Forecast 2018-2025
  • Adroit Market Research launched a study titled,
    Global Automotive Suspension Market Size 2017 by
    Type (Air, Hydraulic, Leaf), by Vehicle Type
    (Passenger Vehicle Commercial Vehicle), by
    System (Passive, Semi/Active), by Region and
    Forecast 2018 to 2025. The study covers the
    global automotive suspension value for a period
    ranging between 2015 to 2025, where 2015 to 2017
    imply the actual annual revenue with forecast
    between 2018 and 2025. The global automotive
    suspension market report also includes
    qualitative insights of the market such as
    drivers, restrains, value chain, regulatory
    framework and trade statistics. The value chain
    has been analyzed in detail covering key stages.
  • The global automotive suspension market size is
    estimated to reach up to USD 110.51 billion by
    2025 mainly driven by increasing adoption of
    advanced suspension systems in vehicles to offer
    comfortable and safer riding experience.
    Similarly, growing disposable income, increasing
    vehicle demand, and technological advancements in
    automotive industry are driving the market for
    automotive suspension market. However, in spite
    of growing popularity of advanced suspension
    system, the cost of such system is very high,
    which might restrain the growth of the market
    during the forecast period. In addition, the
    presence of counterfeit products in the market is
    a major challenge in front of automotive
    suspension manufacturers.

3
Automotive Suspension Market Size, Status and
Forecast 2018-2025
  • The automotive market is consistently moving
    towards hybrid and electric vehicle segment.
    Automotive companies are focusing on launching
    electric vehicles which are completely different
    from fuel vehicles and using advanced suspension
    systems such as Regenerative Suspension System.
    This transition of automotive industry is
    expected to offer multiple opportunities for
    automotive suspension vendors.
  • In type segment, the market for air suspension
    system is estimated to grow at the CAGR of 6
    during the forecast period. This growth will be
    primarily driven by increasing adoption of air
    suspension systems in HCVs, specifically in
    luxury buses. The air suspension system offers
    multiple advantages specifically in trucks such
    as reduced noise and vibrations, improved fuel
    consumption, and compatibility for multiple
    terrains.
  • Browse the complete report on _at_
    https//adroitmarketresearch.com/industry-reports/
    automotive-suspension-market

4
Automotive Suspension Market Size,
Status and Forecast 2018-2025
  • On the basis of systems, semi active/ active
    segment is estimated to grow at the highest CAGR
    of 6.5 during the forecast period. The semi
    active or active suspension system offers major
    benefits over passive suspension systems such as
    better control and improved comfort during
    driving. Earlier, the active suspension systems
    were primarily used in racing, sports or luxury
    vehicles, however, with rising consumer demand
    and competition automotive manufacturers are
    launching new models with active or semi active
    suspension systems
  • Geographically, The Asia Pacific will be
    dominating the automotive suspension market with
    an estimated market share of 38 in the year
    2025. The presence of growing major automotive
    markets in countries such as China, Japan, India,
    and Indonesia will be primarily driving the
    market in Asia-pacific. North America and Europe
    held the second and third largest market value
    shares respectively. Other developing markets in
    countries such as Brazil and Argentina are going
    to drive the market for South America.
  • ZF, Tenneco, KYB, Continental, Magneti Marelli,
    Mando, Benteler, ThyssenKrupp, Sogefi, and NHK
    Spring are the leading players present within the
    global automotive suspension market.
  • Purchase a single user copy of the global
    Automotive Suspension Market report_at_
    https//adroitmarketresearch.com/researchreport/pu
    rchase/800

5
Automotive Suspension Market Size,
Status and Forecast 2018-2025
  • Key segments of the global automotive suspension
    market
  • Type Overview, 2015-2025 (USD billion)
  • Air
  • Hydraulic
  • Leaf
  • Others
  • Vehicle Type Overview, 2015-2025 (USD billion)
  • Passenger Vehicle
  • Commercial Vehicle
  • System Overview, 2015-2025 (USD billion)
  • Passive
  • Semi active/Active

6
Automotive Suspension Market Size,
Status and Forecast 2018-2025
  • Regional Overview, 2015-2025 (USD billion)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia Pacific
  • South America

7
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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