Automotive Suspension Market by Architecture, System Type,

Dublin, July 09, 2021 (GLOBE NEWSWIRE) – The “Global Automotive Suspension Market by Architecture (MacPherson Strut, Double Wishbone, Multi-link, Twist Beam, Lame Spring, Air Suspension), System Type, Actuation, OE Component and Aftermarket, Vehicle (ICE, BEV, HEV, PHEV) ) and Region – Forecast until 2026 “ report was added to offer.

The global automotive suspension market is expected to grow from USD 42.9 billion in 2021 and is expected to reach USD 50.7 billion in 2026, at a CAGR of 3.4% during the forecast period.

The main driving factors for the automotive suspension industry are the increasing demand for vehicle comfort and safety and the increasing adoption of air suspension systems in HCVs.

The COVID-19 outbreak has severely affected the automotive industry’s overall supply chain. The shutdown of production and logistics created due to the pandemic has affected suppliers of raw materials to the automotive industry. The pandemic affected the overall growth of the sector in 2020, as major automotive players such as Fiat, Volkswagen, PSA Group, General Motors and BMW had to halt production due to COVID-19 in the first second quarters of 2020.

This scenario has impacted the automotive suspension market especially in European and North American countries as the growth of this market is directly related to the production of vehicles. However, the demand for suspension systems is expected to increase given 2021 as a period of recovery, where the auto industry is expected to show growth, according to industry experts.

Air suspension is estimated to be the fastest growing market in the architecture segment

The rate of air suspension installation has seen significant growth in buses in Asia-Pacific. The air suspension system adopted in the buses ensures the comfort of the passengers and maintains the height of the vehicle at the desired level during the journey.

Governments of countries such as China and India are focusing on energy efficiency and comfort of public transport which is expected to further boost the air suspension in buses market during the forecast period.

Passenger cars are expected to be the largest market in the automotive suspension market, by vehicle type

The passenger car segment is estimated to be the largest growing market in terms of value and volume. The suspension system is one of the essential systems in any type of vehicle.

Therefore, the growth of the suspension system is directly proportional to the production volume of passenger vehicles. The growing demand for comfort and safety devices has also increased the installation of independent suspension systems in modern cars.

Asia-Pacific expected to be largest market for automotive suspension

Asia-Pacific is expected to be the largest market, by value. China, South Korea and Japan are the main vehicle-producing countries in the region, collectively producing around 88% of the total number of vehicles in the region. The growth of the automotive suspension market in China can mainly be attributed to higher vehicle production and foreign direct investment (FDI) in the form of alliances and joint ventures between international OEMs and Chinese partners.

Infrastructure improvements in Asia-Pacific could boost demand for commercial vehicles in the region. Thus, Asia-Pacific is expected to dominate the automotive suspension market with over 49.6% share of the global automotive suspension market.

Main topics covered:

1. Introduction

2 Research methodology

3 Executive summary

4 premium information
4.1 Attractive Opportunities in the Air Suspension Market
4.2 Automotive Suspension Market Size, By System
4.3 Automotive Suspension Market, by Architecture
4.4 Automotive Suspension Market, by Vehicle Type
4.5 Automotive OE Suspension Market, By Component
4.6 Automotive Suspension Accessories Market, By Component
4.7 Electric and Hybrid Truck and Bus Suspension Market, by Vehicle Type
4.8 Active suspension market, by actuation
4.9 Automotive Suspension Market, by Region

5 Market overview
5.1 Presentation
5.2 Market dynamics
5.2.1 Drivers Increased demand for vehicle comfort and safety
5.2.2 Types of Conventional and Advanced Suspension Growth Rate, by Volume, 2021-2026 Growing Adoption of Air Suspension Systems in HCVs
5.2.3 Constraints High cost of air suspension Lack of standardization of independent suspension systems
5.2.4 Opportunity Increase in sales of electric vehicles Development of a regenerative suspension system
5.2.5 Challenges High initial and maintenance costs of advanced suspension systems Counterfeit suspension products in the secondary market Overcoming the steering torque
5.3 Automotive Suspension Market Scenario
5.3.1 Most likely scenario
5.3.2 Low impact scenario
5.3.3 High impact scenario
5.4 Porter’s five forces analysis
5.5 Automotive Suspension Market Ecosystem
5.6 Supply chain analysis
5.7 Trend in average selling price
5.8 Patent analysis
5.9 Revenue transfer for automotive suspension manufacturers
5.10 Analysis of the case studies
5.11 Business analysis

6 Analyst recommendations

7 Automotive Suspension Market, By Vehicle Type
7.1 Presentation
7.1.1 Research methodology
7.1.2 Assumptions
7.1.3 Industry Overview
7.2 Passenger cars
7.3 Light commercial vehicles (LCV)
7.4 Trucks
7.5 Buses

8 Automotive Suspension Market, By System
8.1 Presentation
8.1.1 Research methodology
8.1.2 Assumptions
8.1.3 Industry Overview
8.2 Passive
8.3 Semi-active
8.4 Active suspension

9 Automotive Suspension Market, by Architecture
9.1 Presentation
9.1.1 Research methodology
9.1.2 Assumptions
9.1.3 Industry Overview
9.2 Macpherson strut
9.3 Double triangulation
9.4 Multiple binding
9.5 Torsion beam / torsion beam
9.6 Leaf spring
9.7 Air suspension

10 Active suspension market, by actuation
10.1 Presentation
10.1.1 Research methodology
10.1.2 Assumptions
10.1.3 Industry Overview
10.2 Active suspension with hydraulic control
10.3 Electronically Controlled Active Suspension

11 Automotive OE Suspension Market, By Component
11.1 Presentation
11.1.1 Research methodology
11.1.2 Assumptions
11.2 Coil spring
11.3 Air spring
11.4 Shock absorber
11.5 Strut
11.6 Suspension arm
11.7 Rubber ring
11.8 Leaf spring
11.9 Stabilizer link / stabilizer bar
11.10 Ball joint

12 Automotive Suspension Accessories Market, By Component
12.1 Presentation
12.1.1 Research methodology
12.1.2 Assumptions
12.2 Shock absorber
12.3 Strut
12.4 Ball joint
12.5 Leaf spring
12.6 Control arm
12.7 Coil spring

13 Electric and Hybrid Passenger Car Suspension Market, By Architecture
13.1 Presentation
13.1.1 Research methodology
13.1.2 Assumptions
13.1.3 Industry Overview
13.2 Battery electric vehicles (BEV)
13.3 Plug-in hybrid electric vehicles (PHEV)
13.4 Fuel cell electric vehicles (FCEV)

14 Electric and Hybrid Truck and Bus Suspension Market, By Vehicle Type
14.1 Presentation
14.1.1 Research methodology
14.1.2 Assumptions
14.2 by region
14.2.1 Asia-Pacific
14.2.2 Europe
14.2.3 North America
14.3 by vehicle type
14.3.1 Electric and hybrid trucks
14.3.2 Electric and hybrid buses

15 Automotive Suspension Market, by Region

16 Competitive landscape
16.1 Overview
16.2 Automotive Suspension Market Share Analysis, 2020
16.3 Analysis of the revenues of the best rated / public players
16.4 Company valuation quadrant
16.4.1 Star
16.4.2 Emerging leaders
16.4.3 Omnipresent
16.4.4 Participants
16.5 Competitive scenario
16.5.1 New product launches
16.5.2 Offers
16.5.3 Expansions, 2017-2020
16.6 Key Player Strategies / Right to Win, 2017-2020

17 company profiles
17.1 Key players
17.1.1 ZF Friedrichshafen AG
17.1.2 Tenneco inc.
17.1.3 Continental SA
17.1.4 ThyssenKrupp SA
17.1.5 KYB Corporation
17.1.7 Marelli
17.1.8 Mando Corporation
17.1.9 NHK spring
17.1.10 Sogefi
17.2 Other players
17.2.1 Hendrickson
17.2.2 Rassini
17.2.3 Infineon Technologies
17.2.4 BWI Group
17.2.5 Hyundai Mobis
17.2.6 Jamna Auto Industries Ltd.
17.2.7 Multimatic inc.
17.2.8 Hitachi Automotive Systems

18 Annex

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