Global Automotive Sway Bars Market to grow at a CAGR of 5.31% during the period 2017-2021
The main objective of this report is to define, describe, and forecast the global “Automotive Sway Bars” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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About Automotive Sway Bars
A sway bar is the simplest form of control and safety for a suspension system. The sway bar also acts as a third spring to control the road undulation, leading to increased comfort in a vehicle. In an event of sharp turning a body roll force is generated, the sway bar is responsible to push down the lifted axle by generating an anti-force on the opposite end to neutralize the effect. The next generation of sway bars comprises active sway bars. The sway bar can broadly be classified into physical sway bars and active sway bars.
Technavios analysts forecast the global automotive sway bars market to grow at a CAGR of 5.31% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive sway bars market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio's report, Global Automotive Sway Bars Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Other prominent vendors
Advancement in technology, leading to reduced cost of sway bars
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High price of active sway bar technology
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Proactive Chassis by McLaren
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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