Auto Suspension System Market Growth, Industry Trend by Regions and Top Global Manufacturers’ (Mando, Sachs (ZF), ThyssenKrupp, Tenneco) | forecast by 2022

Businessindustryreports have new report on “Global Auto Suspension System Market 2018-2022”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 

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In automotives Suspension systems minimize shocks to the body of the vehicle while moving on a surface. They also keep the tires in constant contact with the surface regardless of the contours. The global automotive suspension market is growing mainly due to increase in demand for automobiles. Rise in disposable income in developing countries is a key factor driving the market for passenger cars. Also, increasing commercialization is fuelling the demand for commercial vehicles globally. Consequently, the demand for automotive suspension is also increasing. 

The advancement in technology of automotive suspension systems is expected to unfold various growth opportunities in the future. Upgraded features, such as active curve tilting, magnetic dampers, and hydraulic roll control, improve the driving condition of the vehicle. In addition, advancement in air suspension and electro-magnetic suspension is anticipated to propel the market growth.

The fastest growing segment of the automotive suspension market is the Passenger car segment. Factors such as growing consumer disposable income and increasing vehicle ownership with easy finance options have led to the rise in passenger car sales. Owing to these reasons, passenger car segment is witnessing tremendous growth in the Asia Oceania region.

Key Players:

1 Mando 

2 Sachs(ZF) 

3 ThyssenKrupp 

4 Tenneco 

5 Magneti Marelli 

6 Benteler 

7 Dongfeng Motor Suspension and more...

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The suspension system basically includes springs, shock absorbers, control arm, struts, and ball joints.  There are three types of automotive suspension systems: passive, semi-active, and active. In passive suspension systems, vertical movement of the wheel mainly depends on the surface, while semi-active and active suspension systems actively control vertical movement. Major drawbacks of active suspension systems include high costs and frequent maintenance requirements.

Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Industry Segmentation:

1 Passenger Car 

2 LCV-Light Commercial Vehicle 

3 HCV-Heavy Commercial Vehicle 

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Table of Content:

1 Auto Suspension System Product Definition

2 Global Auto Suspension System Manufacturer Share and Market Overview

3 Manufacturer Auto Suspension System Business Introduction

4 Global Auto Suspension System  Market  Segmentation (Region Level)

5 Global Auto Suspension System Market Segmentation (Product Type Level)

6 Global Auto Suspension System Market Segmentation (Industry Level)

7 Global Auto Suspension System Market Segmentation (Channel Level)

8 Auto Suspension System Market Forecast 2018-2022

9 Auto Suspension System Segmentation Product Type

10 Auto Suspension System Segmentation Industry

11 Auto Suspension System Cost of Production Analysis

12 Conclusion

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