Automotive Suspension Market

Adroit Market Research
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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Adroit Market Research
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.
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Adroit Market Research
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 @ https://adroitmarketresearch.com/industry-reports/automotive-suspension-market
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Adroit Market Research
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.
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Adroit Market Research
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
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Adroit Market Research
Automotive Suspension Market Size, Status and Forecast 2018-2025
•
Regional Overview, 2015-2025 (USD billion)
•
North America
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•
•
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U.S.
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Canada
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Mexico
Europe
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U.K.
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France
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Germany
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Italy
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Spain
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Rest of Europe
Asia-Pacific
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China
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Japan
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South Korea
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India
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Rest of Asia Pacific
South America
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Brazil
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Argentina
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Rest of South America
Middle East & Africa
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GCC
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South Africa
Rest of Middle East & Africa
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Adroit Market Research
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Contact Us
Adroit Market Research is an India-based business analytics and consulting company. Our
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Global Automotive Suspension Market Size, Share & Global Forecast 2018-2025 Read @ https://bit.ly/2BVDWjX