Automotive Suspension Global Market Research and Technology - Industry Trends, Growth, Overview and Forecast TIll 2022

Research Beam added report on “Global Automotive Suspension Market Overview, Analysis, Demand, Report, Trends, Growth and Research – Automotive Suspension Market by System (Passive, and Semi Active/Active), Component (Spring, Shock Dampener, Struts, Control Arms, Ball Joint, Leaf Spring, and Air Compressor), Geometry (Dependent, Semi Independent, and Independent), Suspension Type (Hydraulic Suspension, Air Suspension, and Leaf Spring), and Vehicle type (Two wheeler, Passenger Cars, and Commercial Vehicle) - Global Opportunity Analysis and Industry Forecasts, 2014-2022”

Research Beam study says 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, Request Sample Copy @ http://www.researchbeam.com/automotive-suspension-market/request-sample

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.

The global automotive suspension market analysis reveals considerable growth in the recent years due to technological advancements, rise in production of vehicles, and increase in demand for luxury and comfort. However, rise in demand for lightweight suspension system and development of advanced suspension system for two wheelers is expected to boost the market growth. However, increasing global vehicle standards and high maintenance cost of advanced suspension systems may hamper the market growth.

The market is segmented by system, component, geometry, suspension type, vehicle type, and geography. Furthermore, by type of system, it is bifurcated into passive system and semi-active/active system. Based on the type of component, it is classified into spring, shock dampener, struts, control arm, ball joints, leaf spring, and air compressor. By type of geometry, it is sub-segmented into dependent, semi-independent, and independent suspension. By type of suspension, it is divided into hydraulic, air, and leaf spring suspension. Based on vehicle type, the market is categorized into two wheelers, passenger cars, and commercial vehicles. On the basis of geographical regions, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA regions.

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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