Automotive Suspension System Market

Automotive Suspension System is the vehicle frame and the axle or between the wheels of all power transmission device connected to the general term, its role is to transfer between the wheel and the frame force and torque, and the buffer from the uneven road surface to the frame Or body impact, and attenuate the resulting vibration to ensure that the car can run smoothly. Typical suspension system structure consists of elastic elements, guide mechanisms and shock absorbers and other components, the individual structure is also a buffer block, lateral stabilizer bar. The elastic elements are leaf springs, air springs, coil springs and torsion bar springs and other forms, and modern sedan suspension system and more use of helical springs and torsion bar springs, individual limousine is the use of air springs.

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

Global Automotive Suspension System Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automotive Suspension System Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Automotive Suspension System companies in 2021 (%)

The global Automotive Suspension System market was valued at 51440 million in 2021 and is projected to reach US$ 68660 million by 2028, at a CAGR of 4.2% during the forecast period.

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

Independent Automotive Suspension System Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Suspension System include Mando, ZF, ThyssenKrupp, Tenneco, Magneti Marelli, Benteler, Dongfeng Motor Suspension, Wanxiang Qianchao and Hendrickson, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Suspension System 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 Suspension System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Suspension System Market Segment Percentages, by Type, 2021 (%)

Independent Automotive Suspension System

Non-independent Automotive Suspension System

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

Global Automotive Suspension System Market Segment Percentages, by Application, 2021 (%)

Passenger Car

LCV-Light Commercial Vehicle

HCV-Heavy Commercial Vehicle

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

Global Automotive Suspension System 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 Suspension System revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Automotive Suspension System revenues share in global market, 2021 (%)

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

Key companies Automotive Suspension System sales share in global market, 2021 (%)

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

Mando

ZF

ThyssenKrupp

Tenneco

Magneti Marelli

Benteler

Dongfeng Motor Suspension

Wanxiang Qianchao

Hendrickson

F-TECH

WABCO

Fawer Automotive Parts

Fangzheng Machinery

Shanghai Komman

Hongyan Fangda