openPR Logo
Press release

Automotive Composite Suspension Components Market is Likely to be Worth US$ 100 Million in 2023

10-22-2018 08:10 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Automotive Composite Suspension Components Market is Likely

Stratview Research announces the launch of a new research report on Automotive Composite Suspension Components Market by Component Type (Leaf Spring, Coil Spring, Suspension Arm, Stabilizer Bar, and Others), by Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Duty Commercial Vehicle, and Others), by Manufacturing Process Type (Compression Molding, HP-RTM, Prepreg Layup, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.

This market report, from Stratview Research, studies the composite suspension components market in the global automotive industry over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Composite Suspension Components Market in the Global Automotive Industry: Highlights

Composite suspension components offer several benefits over steel components, such as lightweight, high durability, better vibration energy absorption, and excellent fatigue resistance. For example, composite leaf spring is up to five times more durable than that of a similarly sized steel leaf springs at just the 1/7th weight.

Click Here For Table Of Contents :-
https://www.stratviewresearch.com/toc/184/automotive-composite-suspension-components-market.html

or

Request Sample :-
https://www.stratviewresearch.com/Request-Sample/184/automotive-composite-suspension-components-market.html

As per Stratview Research, the global composite suspension components market is still at a nascent stage but possesses significant growth potential over the next five years to reach US$ 100 million in 2023. Organic growth of automobile production, growing preference for composite components in passenger and light commercial vehicles, development of new composite suspension applications, advancement in the composites technology, and stringent government regulations regarding fuel efficiency and carbon emission reductions are the major factors that are burgeoning the demand for composite suspension components in the automotive industry.

Based on the component type, composite leaf spring is expected to remain the largest segment of the global automotive suspension components market during the forecast period. It is mainly used in passenger cars and light commercial vehicles. Pickup, Van, and SUVs are the major vehicle types that are using composite leaf springs on either transversal or longitudinal position depending on requirements, vehicle design, etc.

LCV currently dominates the global automotive composite suspension components market because of higher usage of composite leaf springs in LCVs. The passenger car segment is projected to witness the highest growth during the forecast period, driven by increasing usage of leaf springs and coil springs.

In terms of region, Europe is expected to remain the largest market for composite suspension components in the automotive industry over the next five years, driven by higher usage of composite leaf springs in LCVs. North America and Asia-Pacific are likely to witness higher growth rates in the same period, driven by a host of factors including a gradual shift of assembly plants of OEMs in these regions, increasing penetration of composite leaf springs, and market entry of local composite leaf spring manufacturers.

As per the study, the global automotive composite suspension components market is highly consolidated with the presence of less than a dozen global players. The key manufacturers are Liteflex LLC, IFC Composite GmbH, Benteler-SGL, and Sogefi Group. New product development, capacity expansion, and process optimization are the key strategies adopted by the major players to gain a competitive edge in the market.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

Market structure: Overview, industry life cycle analysis, supply chain analysis.

Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.

Market trend and forecast analysis.

Market segment trend and forecast.

Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.

Attractive market segments and associated growth opportunities.

Emerging trends.

Strategic growth opportunities for the existing and new players.

Key success factors.

This report studies the global automotive composite suspension components market and has segmented the market in four ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the four ways in which the market is segmented:

Automotive Composite Suspension Components Market by Component Type:

Coil Springs (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Leaf Springs (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Stabilizer Bar (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Suspension Arm (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Automotive Composite Suspension Components Market by Vehicle Type:

Passenger Car (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Light Commercial Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Medium- & Heavy-Duty Commercial Vehicle (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Others (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Automotive Composite Suspension Components Market by Manufacturing Process Type:

Compression Molding Process (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

HP-RTM Process (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Prepreg Layup Process (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Other Processes (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Automotive Composite Suspension Components Market by Region:

North America (Country Analysis: The USA, Canada, and Mexico)

Europe (Country Analysis: Germany, Sweden, Italy, Russia, and Rest of Europe)

Asia-Pacific (Country Analysis: China, South Korea, India, and Rest of Asia-Pacific)

Rest of the World (Country Analysis: Brazil and Others)

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

Stratview Research
400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Email: sales@stratviewresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Composite Suspension Components Market is Likely to be Worth US$ 100 Million in 2023 here

News-ID: 1316982 • Views:

More Releases from Stratview Research

Aerospace & Defense Aramid Honeycomb Core Market is Forecasted to Reach US$ 561.2 Million in 2035, Says Stratview Research
Aerospace & Defense Aramid Honeycomb Core Market is Forecasted to Reach US$ 561. …
The global aerospace & defense aramid honeycomb core market is projected to witness a growth rate of 3.6% annually from 2024 to 2035, with an anticipated size of US$ 561.2 million by 2035, according to an analysis by Stratview Research. Stratview Research, a global market research firm has launched a report on the global aerospace & defense aramid honeycomb core market which provides a comprehensive outlook of the global and regional
Marine Seals Market is Forecasted to Reach US$354 Million in 2031, Says Stratview Research
Marine Seals Market is Forecasted to Reach US$354 Million in 2031, Says Stratvie …
The global marine seals market size was valued at US$285 million in 2024, and is projected to reach US$354 million by 2031, witnessing a market growth CAGR of 2.8% from 2024 to 2031, according to an analysis by Stratview Research. Stratview Research, a global market research firm has launched a report on the global marine seals market which provides a comprehensive outlook of the global and regional industry forecast, current &
Profile Seals Market is Forecasted to Reach US$ 13.8 Billion in 2031, Says Stratview Research
Profile Seals Market is Forecasted to Reach US$ 13.8 Billion in 2031, Says Strat …
The global profile seals market is projected to witness a growth rate of 3.0% annually from 2024 to 2031, with an anticipated size of US$ 13.8 billion by 2031, according to an analysis by Stratview Research. Stratview Research, a global market research firm has launched a report on the global profile seals market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis,
Rail Seals Market is Forecasted to Reach US$ 1.2 Billion in 2031, Says Stratview Research
Rail Seals Market is Forecasted to Reach US$ 1.2 Billion in 2031, Says Stratview …
The global rail seals market is projected to witness a growth rate of 2.5% annually from 2024 to 2031, with an anticipated size of US$ 1.2 billion by 2031, according to an analysis by Stratview Research. Stratview Research, a global market research firm has launched a report on the global rail seals market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis,

All 5 Releases


More Releases for America

Stabilit America Highlights Applications of Fiberglass Roof Panels with Stabilit …
Roofing materials are very important in the realm of modern construction, as they should be long lasting, economical and attractive. Fiberglass roof panels are a few of the numerous choices among several alternatives that have received a reputation of being versatile, long life, and adaptable in various sectors. They are favored by the architects, contractors, and property developers due to their lightweight construction, resistance to weather factors, and the ease
Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth