Industrial, Manufacturing & Heavy Industry Market News

Research delivers insight into the suspension system market

Industrial Market Research

Global Suspension System Market is accounted for $51.23 billion in 2015 and is expected to reach $85.25 billion by 2022 growing at a CAGR of 7.5% during the forecast period”


Some of the key factors fostering the market are demand for lightweight suspension systems, rising demand for luxury & comfort and regenerative suspension systems for electric & hybrid vehicles. Moreover, increasing vehicle production provides massive opportunity for the market in future .

However, high adoption and high development cost of advanced suspension systems are restraining the market growth.

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The semi-active segment is anticipated to be the leading segment in market due to its prominent share and is projected to continue its dominance whereas the passive suspension systems segment is anticipated to grow at a higher CAGR. The market for semi-active/active is mainly driven by their uses in achieving better ride comfort with advanced trembling category.

North America commanded the global market, whereas the market in the Asia-Pacific is expected to grow at the highest CAGR, which can be attributed to the increase in purchasing power in this region.

Some of the key players in Suspension System market include Benteler International AG, Bose Corporation, BWI Group, Continental AG, Hitachi Automotive Systems, Ltd., KYB Corporation, Magneti Marelli S.P.A., Mando Corporation, Schaeffler AG, Tenneco Inc., Thyssenkrupp AG, TRW Automotive, Wabco Holdings Inc. and Zf Friedrichshafen AG.

Architectures Covered: 
• Macpherson Strut 
• Double Wishbone 
• Dependent 
• Semi-Independent/Independent

Vehicle Types Covered: 
• Heavy Commercial Vehicle (HCV) 
• Passenger Vehicle 
• Light Commercial Vehicle (LCV)

Systems Covered: 
• Passive 
• Adaptive 
• Semi-Active

Components Covered: 
• Ball Joint 
• Control Arm 
• Coil Spring 
• Strut 
• Shock Absorber

Damping’s covered: 
• Electromagnetic 
• Hydraulic /Pneumatic

Regions Covered: 
• North America 
o US 
o Canada 
o Mexico 
• Europe 
o Germany 
o France 
o Italy 
o UK 
o Spain 
o Rest of Europe 
• Asia Pacific 
o Japan 
o China 
o India 
o Australia 
o New Zealand 
o Rest of Asia Pacific 
• Rest of the World 
o Middle East 
o Brazil 
o Argentina 
o South Africa 
o Egypt

What our report offers: 
- Market share assessments for the regional and country level segments 
- Market share analysis of the top industry players 
- Strategic recommendations for the new entrants 
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets 
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
- Strategic recommendations in key business segments based on the market estimations 
- Competitive landscaping mapping the key common trends 
- Company profiling with detailed strategies, financials, and recent developments 
- Supply chain trends mapping the latest technological advancements

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Table of Contents

1 Executive Summary 2 Preface 
 2.1 Abstract 
 2.2 Stake Holders 
 2.3 Research Scope 
2.4 Research Methodology 
2.4.1 Data Mining 
2.4.2 Data Analysis 
2.4.3 Data Validation 
2.4.4 Research Approach 
 2.5 Research Sources 
2.5.1 Primary Research Sources 
2.5.2 Secondary Research Sources 
2.5.3 Assumptions 3 Market Trend Analysis 
 3.1 Introduction 
 3.2 Drivers 
 3.3 Restraints 
 3.4 Opportunities 
 3.5 Threats 
 3.6 Emerging Markets 
3.7 Futuristic Market Scenario 4 Porters Five Force Analysis 
4.1 Bargaining power of suppliers 
4.2 Bargaining power of buyers 
4.3 Threat of substitutes 
4.4 Threat of new entrants 
 4.5 Competitive rivalry 5 Global Suspension System Market, By Architecture 
5.1 Introduction 
 5.2 Macpherson Strut 
 5.3 Double Wishbone 
 5.4 Dependent 
5.5 Semi-Independent/Independent 6 Global Suspension System Market, By Vehicle Type 
6.1 Introduction 
6.2 Heavy Commercial Vehicle (HCV) 
6.3 Passenger Vehicle 
6.4 Light Commercial Vehicle (LCV) 7 Global Suspension System Market, By System 
7.1 Introduction 
 7.2 Passive 
 7.3 Adaptive 
 7.4 Semi-Active 8 Global Suspension System Market, By Component 
8.1 Introduction 
 8.2 Ball Joint 
 8.3 Control Arm 
 8.4 Coil Spring 
 8.5 Strut 
 8.6 Shock Absorber 9 Global Suspension System Market, By Damping 
9.1 Introduction 
 9.2 Electromagnetic 
9.3 Hydraulic /Pneumatic 10 Global Suspension System Market, By Geography 
 10.1 North America 
10.1.1 US 
10.1.2 Canada 
10.1.3 Mexico 
 10.2 Europe 
10.2.1 Germany 
10.2.2 France 
10.2.3 Italy 
10.2.4 UK 
10.2.5 Spain 
 10.3 Asia Pacific 
10.3.1 Japan 
10.3.2 China 
10.3.3 India 
10.3.4 Australia 
10.3.5 New Zealand 
10.3.6 Rest of Asia Pacific 
 10.4 RoW 
10.4.1 Latin America 
10.4.2 Middle East 
10.4.3 Africa 
10.4.4 Others 11 Key Developments 
11.1 Agreements, Partnerships, Collaborations and Joint Ventures 
11.2 Acquisitions & Mergers 
11.3 New Product Launch 
 11.4 Expansions 
11.5 Other Key Strategies 12 Company Profiling 
 12.1 Benteler International AG 
 12.2 Bose Corporation 
 12.3 BWI Group 
 12.4 Continental AG 
12.5 Hitachi Automotive Systems, Ltd. 
12.6 KYB Corporation 
 12.7 Magneti Marelli S.P.A. 
 12.8 Mando Corporation 
 12.9 Schaeffler AG 
 12.10 Tenneco Inc. 
 12.11 Thyssenkrupp AG 
 12.12 TRW Automotive 
 12.13 Wabco Holdings Inc. 
 12.14 Zf Friedrichshafen AG 


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