Automotive Control Arm market

Automotive Control Arm Market - Global Outlook and Forecast 2022-2028

  • 25 January 2022
  • Automotive and Transportation
  • 123 Pages
  • Report code : PMR-6800534

  • 4.7 (158)

Automotive Control Arm Market

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Control arm is a piece of a vehicle's suspension, it is a hinged suspension link between the chassis and the suspension upright or hub that carries the wheel. A vehicle's suspension is a complexity of geometry and leverage. The front suspensions in most vehicles manufactured today not only steer the vehicle, but also drive the vehicle. Front-wheel drive designs rely on a control arm to counteract the engine's torque. By placing an engine torque limiter arm between the engine and the vehicle's chassis, the vehicle is able to be easily steered while applying power to the engine. Without this arm, the vehicle would be nearly impossible to steer when a driver applies power to the wheels.

Automotive Control Arm Market contains market size and forecasts of Automotive Control Arm in global, including the following market information:

Global Automotive Control Arm Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automotive Control Arm Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Automotive Control Arm companies in 2021 (%)

The global Automotive Control Arm market was valued at 2398.4 million in 2021 and is projected to reach US$ 2650 million by 2028, at a CAGR of 1.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Stamped Steel Control Arms Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Control Arm include ZF, TRW, Magna, Yorozu, Hyundai Mobis, Magneti Marelli, Thyssenkrupp, CTE and Bharat Forge, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive Control Arm manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automotive Control Arm Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Control Arm Market Segment Percentages, by Type, 2021 (%)

Stamped Steel Control Arms

Cast Iron Control Arms

Cast Aluminum Control Arms

Global Automotive Control Arm Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Control Arm Market Segment Percentages, by Application, 2021 (%)

Multi-Link Suspension

Double Wishbone Suspension

Others

Global Automotive Control Arm Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Control Arm Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Automotive Control Arm revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Automotive Control Arm revenues share in global market, 2021 (%)

Key companies Automotive Control Arm sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Automotive Control Arm sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ZF

TRW

Magna

Yorozu

Hyundai Mobis

Magneti Marelli

Thyssenkrupp

CTE

Bharat Forge

Tower

GMB

Benteler

Martinrea

OCAP

Fetch

ACDelco

Wang Jin Machinery

Wanxiang Qianchao

ZF FAWER

Hetian Automotive

Huabang Machinery

RuiTai

FYCC

Jinjiang Machinery

Teenray

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