Automotive Control Arm Market Size, Status, Global Outlook 2022 To 2026 - Wanxiang Qianchao, ZF FAWER, Hetian Automotive

The study throws light on the Automotive Control Arm market by primarily focusing on the growth factors and even the restraining factors. The restraining factors are also provided with the best solutions which also turn out to counteract the inconvenience and help to increase the market demand. The applications, types, technology, and much other segmentation are studied to give in-depth knowledge of the continued investment in the market. The major driving forces behind the Automotive Control Arm market are explained to help give an idea of ​​a detailed analysis of this market.

The global Automotive Control Arm market will register a 1.8% CAGR in terms of revenue during the forecast period, and market size will reach USD 2593.9 million by 2026.

Main companies in the global Automotive Control Arm market: ZF, TRW, Magna, Yorozu, Hyundai Mobis, Magneti Marelli, Thyssenkrupp, CTE, Bharat Forge, Tower, GMB, Benteler, Martinrea, OCAP, Fetch, ACDelco, Wang Jin Machinery, Wanxiang Qianchao, ZF FAWER, Hetian Automotive, Huabang Machinery, RuiTai, FYCC, Jinjiang Machinery, Teenray and others.

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Market Overview & Regional Analysis –

Control arm is a piece of a vehicle's suspension, it is a hinged suspension link between the chassis and the suspension upright or hub that carries the wheel. A vehicle's suspension is a complexity of geometry and leverage. The front suspensions in most vehicles manufactured today not only steer the vehicle, but also drive the vehicle. Front-wheel drive designs rely on a control arm to counteract the engine's torque. By placing an engine torque limiter arm between the engine and the vehicle's chassis, the vehicle is able to be easily steered while applying power to the engine. Without this arm, the vehicle would be nearly impossible to steer when a driver applies power to the wheels.

Chinese automotive control arm industry has developed into a national industry with certain research and production capacity, industry product mix has gradually improved, currently China has become international automotive control arm large manufacture country, in addition to middle and low automotive control arm products, some leading companies have been able to provide some high-end automotive control arm products, has already had a competitive edge in the international arena.

Industry News –

Magna Announces Board Leadership and Other Changes

Magna announced today upcoming changes to the leadership of its Board of Directors, ahead of the company’s annual meeting scheduled for May 3, 2022. 

William L. Young, Magna’s Board Chair, has communicated his intention to retire at the end of his current term. The Board has selected Robert F. MacLellan, currently Audit Committee Chair, to succeed Young following Magna’s annual meeting.

“It has been and continues to be an honor to serve as Magna’s Chairman, working along-side a talented Board and Management team as the industry continues to transform,” said Young. “Magna’s leadership team is managing these unprecedented times with financial discipline and innovative thinking which will benefit all stakeholders for years to come.”

This report segments the global Automotive Control Arm market on the basis of the following types:
Stamped Steel Control Arms
Cast Iron Control Arms
Cast Aluminum Control Arms

On the basis of application, the global Automotive Control Arm market is segmented into:
Multi-Link Suspension
Double Wishbone Suspension
Other

For a complete understanding of the market dynamics, the global Automotive Control Arm market is analyzed into key geographies namely:  United States, China, Europe, Japan, Southeast Asia, India, and others. Each of these regions is analyzed on the basis of market findings in major countries in these regions for a macro-level understanding of the market.

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Some of the Key Questions Answered in the Automotive Control Arm Market Report:
-Short-Term & Long-Term factors that will affect the Industry due to COVID-19.
– What is the Market Growth, Sales for each Region/Country, Production, Consumption, Import-Export, Trends, Latest Development, etc.?

-Historical, Present and Future market development, growth and market size till the forecast period.

-What are the key regions or segments that will drive the market in the near future?

-Comprehensive mapping of the key participants and the latest strategies adopted by the player’s in the Industry. Manufacturer’s behavior analysis.

– Detailed Qualitative analysis and Quantitative insights presented in the report that is helpful for future growth.

The research includes historic data from 2015 to 2020 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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