Automotive Suspension Market to Expand Significantly by 2024| ZF, Tenneco, KYB, Continental

The latest study released on the global 'Automotive Suspension' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Automotive Suspension' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
ZF (Germany), Tenneco (United States), KYB (Japan), Continental (Germany), Magneti Marelli (Italy), Mando (South Korea), NHK Spring (Japan), ThyssenKrupp (Germany), Sogefi (Italy), Multimatic (Canada), Hendrickson USA, L.L.C (United States), KW Beteiligungsholding GmbH (Germany)
The springs and connected parts intermediate between the wheels and the frame, subframe or side rails of a unitized body. The suspension supports the weight of the upper part of a vehicle on its axles and wheels which allows the vehicle to travel over uneven surfaces with a minimum of up and down movement of the vehicle and allows the vehicle to corner with minimum roll or loss of traction between the tires and the road. In a suspension system for a vehicle with front engine and front wheel drive, the weight of the vehicle applies an initial compression to the coil springs. The suspension at the rear wheels is usually simpler as compare to the front wheels.

In January 2021, KW Beteiligungsholding GmbH announced that it has completed the acquisition of Reiger Racing Suspension BV.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Automotive Suspension Market various segments and emerging territory.

Influencing Market Trend
• Increasing Use of Lightweight Material in Suspension System
Market Drivers
• Growing Demand for Comfort, Safety and Ride Quality
• Increasing Demand for Air Suspension in Heavy Commercial Vehicles
Opportunities:
• Demand for Regenerative Suspension System for Electric and Hybrid Vehicles
Challenges:
• Counterfeit Suspension Products in Aftermarket

Analysis by Type (Beam Axle, Dual‐Beam Suspension, Double Wishbone Suspension, Short/Long Arm Suspension, MacPherson Strut), Application (Passenger Car, Commercial Vehicles (LCV, MHCV)), Components (Links, Springs, Shock Absorbers, Others), Sales Channel (Manufacturer, Aftersales)

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The regional analysis of Global Automotive Suspension Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

Stringent government regulations regarding the lockdown measures and temporary closure of OEMs and factories across different regions has impacted the market in FY 2020.

On May 2, 2019 - CK Holdings Co., Ltd., a holding company of Calsonic Kansei Corporation has announces the completion of its previously announced acquisition of Magneti Marelli S.p.A. (Magneti Marelli) from Fiat Chrysler Automobiles N.V. The combined business will operate under the entity Magneti Marelli CK Holdings Co., Ltd.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/6499-global-automotive-suspension-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global Automotive Suspension market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Automotive Suspension market.

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This release was published on openPR.