Automotive Suspension Market Size & Share, Forecast - 2022

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Automotive Suspension Market
Opportunities and Forecasts, 2014 2021
Page No 190 Publish Date Oct 2016
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AUTOMOTIVE SUSPENSION MARKET
Automotive Suspension holds a great potential in
changing the global safety scenario, thus, making
it more comfortable and safe vehicle. The
Automotive Suspension System have witnessed a
steep growth in passenger cars and commercial
vehicles segment due to stringent vehicle safety
norms and standards by various transport
authorities globally. U.S. and European union has
issued various standards, and automobile
manufacturers are advised to make their vehicles
in complaint with these vehicles. The passenger
car market of automotive suspension is expected
to increase rapidly in the coming years.
Developing countries such as India and China hold
a tremendous potential in automotive suspension
market, moreover their governments have mandated
the use of air suspension in heavy commercial
vehicles. Various companies are trying to expand
their market penetration in the APAC region for
development of advanced automotive suspension
system. - Ankit Pundir, Research Associate,
AMR
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AUTOMOTIVE SUSPENSION MARKET OVERVIEW

• Global Automotive Suspension Market is expected
  to reach 284 billion by 2022, growing at a CAGR
  of 4.9 during the forecast period 2014 -
  2022. Automotive suspension consists of a system
  of spring, shock absorbers, struts, control arms,
  and ball joints that connect the vehicle to the
  wheel and subsequently enable relative motion
  between the two.
• The type of geometry and system used to build
  suspension depends on the camber of the wheel,
  castor of the hub, toe of the vehicle, and king
  pin inclination of the control arms. Suspensions
  aid in keeping the vehicle tires in contact with
  the road during the ride to reduce the shocks
  during driving and protect the vehicle and its
  cargo from any damage or wear. In addition, it
  provides isolation to the vehicle from
  high-frequency vibrations from tire excitation.
• Read more at https//www.alliedmarketresearch.co
  m/automotive-suspension-market

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AUTOMOTIVE SUSPENSION MARKET KEY BENEFITS

• The study provides an in-depth analysis of the
  current trends and future estimations of this
  market to elucidate the imminent investment
  pockets.
• The report offers a quantitative analysis for the
  period 2014-2022 to enable stakeholders to
  capitalize on the prevailing market
  opportunities.
• It provides historical figures for 2014 and 2015,
  and year-on-year forecasts from 2016 to 2022,
  considering 2015 as base.
• Competitive intelligence of the industry
  highlights the business practices followed by
  leading players across various regions.

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AUTOMOTIVE SUSPENSION MARKET KEY FINDINGS

• In 2015, passenger cars led the market revenue,
  and this segment is projected to grow at a CAGR
  of 4.9 during the forecast period.
• Two wheeler segment is expected to grow at the
  highest CAGR of 7.4, owing to the wider adoption
  of air suspension technologies around the globe.
• The hydraulic suspension system is projected to
  generate the largest revenue by suspension type.
• China is the major shareholder, accounting for
  about 60 of the Asia-Pacific automotive
  suspension market in 2015.
• India is expected to be the fastest growing
  country and expected to exhibit a double-digit
  growth.

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PASSENGER CARS LEAD THE AUTOMOTIVE SUSPENSION
MARKET
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GLOBAL PASSENGER CAR SUSPENSION SALES, 2015 -
2020
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TOP WINNING STRATEGY GLOBAL AUTOMOTIVE
SUSPENSION MARKET
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KEY PLAYERS IN INDUSTRY

• KYB Corporation
• Hendrickson USA, L.L.C
• Gabriel India Limited
• FOX Factory, Inc.
• WABCO
• Continental AG
• ZF TRW
• Magneti Marelli S.p.A
• Tenneco Inc.
• Sogefi SpA
• Download free Sample Report
• https//www.alliedmarketresearch.com/request-free-
  sample/1709

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AUTOMOTIVE SUSPENSION MARKET SEGMENTS
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AUTOMOTIVE SUSPENSION MARKET BY GEOGRAPHY

• North America, Europe, Asia-Pacific, LAMEA

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