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The automotive suspension member market is forecasted to grow by USD 6.18 billion during 2024-2029, accelerating at a CAGR of 7.4% during the forecast period. The report on the automotive suspension member market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising penetration of high-performance vehicles, increasing focus on improving vehicle handling, and development of electric vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The automotive suspension member market is segmented as below:
By Distribution Channel
- OEM
- Aftermarket
By Application
- PC
- LCV
- M and HCVs
By Product Type
- Front suspension member
- Rear suspension member
- Cross members
- Subframes
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the automotive suspension member market covers the following areas:
- Automotive Suspension Member Market sizing
- Automotive Suspension Member Market forecast
- Automotive Suspension Member Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Distribution Channel
9 Market Segmentation by Application
10 Market Segmentation by Product Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive suspension member market: Astemo Ltd, Benteler International AG, BWI Group, Duroshox Pvt. Ltd., Endurance Technologies Ltd., F and P America, Futaba Industrial Co. Ltd., GESTAMP AUTOMOCION SA, Hwashin Co. Ltd., Hyundai Motor Group, Kalyani Forge Ltd., Magna International Inc., Marelli Holdings Co. Ltd., Multimatic Inc., Press Kogyo Co. Ltd., Ramkrishna Forgings Ltd., Tata AutoComp Systems, thyssenkrupp AG, YOROZU Corp., and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is development of lightweight vehicle suspension systems."
According to the report, one of the major drivers for this market is the rising penetration of high-performance vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Astemo Ltd
- Benteler International AG
- BWI Group
- Duroshox Pvt. Ltd.
- Endurance Technologies Ltd.
- F and P America
- Futaba Industrial Co. Ltd.
- GESTAMP AUTOMOCION SA
- Hwashin Co. Ltd.
- Hyundai Motor Group
- Kalyani Forge Ltd.
- Magna International Inc.
- Marelli Holdings Co. Ltd.
- Multimatic Inc.
- Press Kogyo Co. Ltd.
- Ramkrishna Forgings Ltd.
- Tata AutoComp Systems
- thyssenkrupp AG
- YOROZU Corp.
- ZF Friedrichshafen AG