Automotive Suspension Market Global Trends, Size, Share, Growth and Forecast 2016 to 2022
Automotive Suspension System Market Information Report by Vehicle Type (Commercial Vehicle & Passenger Vehicle), by Suspension System (Passive, Semi-Active, & Active), by Damping Type (Hydraulic and Electromagnetic) and by End Market (OEM & Aftermarket) and by Region – Global Forecast to 2022
Pune, India – October 10, 2017 /MarketersMedia/ —
Market Highlights
Suspension system is designed to provide a smooth ride for the passengers. It connects the vehicle to its wheel and to safely keep all the wheels in contact with the ground at all times, at all road conditions. Raising the demand of technologically advanced & Comfort vehicles around the world is the primary driving factor of the Automotive Suspension System Market. Also increasing commercialization increase the demand of commercial vehicles which ultimately drive the Automotive Suspension system market.. However Strict government norms & high cost of independent suspension system, restraint the Automotive suspension system market and it is expected to register a significant growth of 5% in the next six years.
Asia-Pacific region is a major shareholder of the Automotive Suspension System Market. This region is expected to grow at fastest pace during the forecast period.
Thus the Automotive Suspension System market is expected to register a CAGR of about 5%.
Scope of the report
This study provides an overview of the Automotive Suspension System industry, tracking market segments across the categorized five geographic regions. The report provides a six-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The scope of the study segments the Automotive Suspension System market based on Vehicle Type, Suspension System, Damping Types, & End market.
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Key Players
The leading players in the Automotive Suspension System markets are KYB Corporation, TWR Automotive Holdings Corporation, Continental AG, Benteler Group, Magneti Marelli S.P.A., Mando Corporation, Schaeffler AG, Tenneco Inc., and ZF Friedrichshafen AG.
Table of Content
1. Report Prologue
2. Introduction
2.1. Definition
2.2. Scope Of The Study
2.2.1. Research Objective
2.2.2. Assumptions
2.2.3. Limitations
2.3. Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
4. Market Dynamics
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List of Tables
Table 1 Global Automotive Suspension Systemmarket Snapshot
Table 2 Drivers For The Market
Table 3 Restraints For The Market
Table 4 Automotive Suspension System Market, By Vehicle Type, 2016-2022 (Usd Million)
Table 5 Commercial Vehicle: Automotive Suspension System Market, By Region, 2016-2022
Table 6 Passenger Vehicle:Automotive Suspension System Market, By Region, 2016-2022
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Source: MarketersMedia
Release ID: 247780