Automotive Anti-Roll Bar Market : Coronavirus Impact - Key Takeaways

The global automotive anti-roll bars market size will rise at a considerable rate in the coming years. Driven by recent advancements in the material associated with manufacturing of the product, the market will rise at a rapid pace. According to a report by Fortune Business Insights, titled "Automotive Anti-Roll Bar Market Size, Share & Industry Analysis, By Product Type (Solid, Hollow), By Vehicle Type (PC, LCV, HCV) and Regional Forecast, 2019-2026," the market will derive growth from recent product advancements.

Automotive anti-roll bars are an important part of suspension of any type of engine as they help reduce the overall body roll of a vehicle. They are used to force each side of the vehicle to lower and rise to specific heights. These products help restrict tilting of the vehicle to one side during turning or cornering, thereby improving the overall performance of the automobile.

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List of the leading companies that are currently operating in the global automotive anti-roll bars market are:

Sway Tec
Thyssenkrupp
Tinsley Bridge
NHK International
Fawer
SAT
Kongsberg Automotive
Dongfeng
TMT (CSR)
Yangzhou Dongsheng
Wanxiang
Tower
ZF TRW
ADDCO
AAM
Huayu
TATA
DAEWON
Mubea
Sogefi
Chuo Spring

Anti-roll bars are used to reduce the imbalance of the vehicle and thereby improve the drive comfort. Recent advancements in manufacturing design of anti-roll bars have made a huge impact on the growth of the market in recent years. Moreover, variations in product offerings have fuelled the demand for anti-roll bars. Low cost and improving product performances will contribute to the growing adoption of the products, subsequently aiding market growth.

Gain More Insights into the Automotive Anti-roll Bars Market Research Report

https://www.fortunebusinessinsights.com/industry-reports/automotive-anti-roll-bar-market-101908

Report Overview:

The automotive anti-roll bars market is segmented on the basis of factors such as product type, vehicle type, and regional demographics. The report provides forecast values for the market for the period of 2019-2026. The factual figures have been obtained through trusted sources. Moreover, these predictions are made on the basis of extensive research analysis methods, coupled with the opinions of experienced market research professionals. The report highlights the latest product launches and labels major innovations in the market. In addition to this, it states the impact of these products on the growth of the market. The competitive landscape has been discussed in detail and predictions are made with respect to leading companies and products in the coming years

Noteworthy Industry Development:

Tinsley Bridge Light-weight Anti-roll Bars Set to Witness Huge Demand

The report highlights a few of the major industry developments of recent times and discusses their impact on the global market. Recent technological advancements have boded well for the market, owing to their huge impact on the widespread adoption of the product by major companies. Developments in the material associated with automotive anti-roll bars have allowed flexible applications. Tinsley Bridge, a Sheffield-based company, co-funded by Innovate UK, is working on developing light weight anti-roll bars. The reduction in weight will be consequential to the use of different material for manufacturing. The product will reduce the overall fuel consumption, an initiative that will come as a welcome step, with regard to the global efforts taken to minimize fuel consumption and subsequently reduce pollution.

Regional Analysis:

Asia Pacific Projected to Dominate the Market; Increasing Investment in Product R&D to Aid Growth

The market is segmented on the basis of regional demographics into North America, Europe, Asia Pacific, and the Rest of the World. Among these regions, the market in Asia Pacific is projected to dominate the market in the coming years. The increasing production of passenger cars in this region will contribute to the growing demand for the product. The increasing disposable income of consumers, coupled with the increasing investment in product R&D will have a direct impact on the growth of the market in the coming years. Besides Asia Pacific, Europe will witness considerable growth and will emerge as the second largest market in the world.

Competitive Landscape:

Major companies are looking to invest more in the research and development of newer products with a view to introducing advanced products and subsequently partner with major companies.

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