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Automotive Suspension System Market Predicted to Reach USD 72,700 Mn by 2023 with Constant CAGR 5.40%, in International Market

Press release   •   Aug 21, 2019 02:46 EDT

The Global Automotive Suspension System Market is ready to flood at a compound yearly development rate (CAGR) of 5.40% during the conjecture time frame (2018-2023). The market is relied upon to outperform a valuation of USD 72,700 Mn constantly 2023.

The new research from Ameco Research on Global Automotive Suspension System Market Report for 2023 intends to offer target audience with the fresh outlook on market and fill in the knowledge gaps with the help of processed information and opinions from industry experts. The information in the research report is well-processed and a report is accumulated by industry professionals and seasoned experts in the field to ensure of the quality of research.

The research is backed by extensive and in-depth secondary research which involves reference to various statistical databases, national government documents, relevant patent and regulatory databases, news articles, press releases, company annual reports, webcasts, financial reports, and a number of internal and external proprietary databases. This estimated data is cross-checked with industry experts from various leading companies in the market. After the entire authentication process, these reports are shared with subject matter experts (SMEs) for adding further value and to gain their insightful opinion on the research. With such robust process of data extraction, verification, and finalization, we firmly endorse the quality of our research. With such extensive and in-depth research and comprehensive coverage of information, it is always a possibility of clients finding their desired information in the report with enclosure of key components and valuable statistics in all regards.

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Global Automotive Suspension System Market: By Suspension System (Active Suspension System, Semi-Active Suspension System and Passive Suspension System), By Damping Type (Hydraulic and Electromagnetic), By Vehicle Type (Passenger Cars and Commercial Vehicle), By Sales Channel (OEM and Aftermarket), and Region - Forecast Till 2023

Market analysis

Every modern-day vehicle has a suspension framework as an instrument for a smooth ride and to lessen bumps. Expanded wellbeing guidelines, the landing of imaginative suspension frameworks and rising interest for business and traveler vehicles are a portion of the key variables supporting the global automotive suspension system market. Simultaneously, expanding utilization of lightweight materials in suspension framework and interest for regenerative suspension framework for electric and crossover vehicles is making worthwhile market openings. The global automotive suspension system market is ready to flood at a compound yearly development rate (CAGR) of 5.40% during the conjecture time frame (2018-2023). The market is relied upon to outperform a valuation of USD 72,700 Mn constantly 2023.

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Market segmentation

The global automotive suspension system market is segmented on the basis of its suspension system, vehicle type, damping type, sales channel, and regional demand. Based on its Suspension System, the global automotive suspension system market is divided into Semi-Active Suspension System, Active Suspension System, and Passive Suspension System. Based on its Vehicle Type, the global automotive suspension system market is categorized into Commercial Vehicle and Passenger Cars. On the basis of its Damping Type, the global automotive suspension system market is classified into Electromagnetic and Hydraulic. On the basis of its Sales Channel, the global automotive suspension system market is sectioned into Aftermarket and OEM.

Regional analysis

Geographically, the global automotive suspension system market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

KYB Corporation, BENTELER international AG, Sogefi SpA, and Mondo Corp, Schaeffler AG, ZF friedrichshafen AG, ThyssenKrupp AG, Continental AG, Magneti Marelli SpA, Tenneco Inc., among others are some of the major players in the global automotive suspension system market.

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With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Global Automotive Suspension System Market, by end-use.
Detailed analysis and profiles of additional market players.

Table of Contents

Global Automotive Suspension System Market Research Report Forecast to 2023

1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
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
4.1 Drivers
4.1.1 Rise in Concerns Regarding Safety and Comfort in Vehicles
4.1.2 Demand for advanced suspension technologies in commercial vehicles and premium high-end vehicles
4.1.3 Increase in sale of automobiles
4.2 Restraints
4.2.1 High cost of suspension system and its installation in the aftermarket
4.3 Opportunities
4.3.1 Use of lightweight materials in suspension system
4.3.2 Demand for Regenerative Suspension System for Electric and Hybrid vehicles
5 Market Factor Analysis
5.1 Porter's Five Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Rivalry
5.2 Supply Chain Analysis
5.2.1 Design and Development
5.2.2 Raw Material/Component Supply
5.2.3 Automotive Suspension System Manufacture
5.2.4 End-Use
5.3 Technology Trends
5.3.1 Intelligent Suspensions System
5.3.2 Independent Suspension System
5.4 Patent Trends
5.5 Regulatory Landscape
6 Global Automotive Suspension System Market, by Suspension System
6.1 Overview
6.2 Active Suspension System
6.3 Semi-Active Suspension System
6.4 Passive Suspension System
7 Global Automotive Suspension System Market, by Damping Type
7.1 Overview
7.2 Hydraulic
7.3 Electromagnetic
8 Global Automotive Suspension System Market, by Vehicle Type
8.1 Overview
8.2 Passenger Cars
8.3 Commercial Vehicle
9 Global Automotive Suspension System Market, by Sales Channel
9.1 Overview
9.2 OEM
9.3 Aftermarket
10 Global Automotive Suspension System Market, by Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia-Pacific
10.5 Rest of the World
10.5.1 Latin America
10.5.2 Middle East & Africa
11 Competitive Landscape
11.1 Competitive Scenario
11.2 Market Share Analysis
11.3 Competitor Benchmarking
11.4 Key Strategy Analysis
12 Company Profiles
12.1 Schaeffler AG
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products/Services Offered
12.1.4 Key Developments (2014–2018)
12.1.5 SWOT Analysis
12.1.6 Key Strategies
12.2 ZF Friedrichshafen AG
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products/Services Offered
12.2.4 Key Developments (2014–2018)
12.2.5 SWOT Analysis
12.2.6 Key Strategies
12.3 ThyssenKrupp AG
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products/Services Offered
12.3.4 Key Developments (2014–2018)
12.3.5 SWOT Analysis
12.3.6 Key Strategies
12.4 Continental AG
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products/Services Offered
12.4.4 Key Developments (2014–2018)
12.4.5 SWOT Analysis
12.4.6 Key Strategies
12.5 Magneti Marelli SpA
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products/Services Offered
12.5.4 Key Developments (2014–2018)
12.5.5 SWOT Analysis
12.5.6 Key Strategies
12.6 Tenneco Inc.
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products/Services Offered
12.6.4 Key Developments (2014–2018)
12.6.5 SWOT Analysis
12.6.6 Key Strategies
12.7 KYB Corporation
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products/Services Offered
12.7.4 Key Developments (2014–2018)
12.7.5 SWOT Analysis
12.7.6 Key Strategies
12.8 BENTELER International AG
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Products/Services Offered
12.8.4 Key Developments (2014-2018)
12.8.5 SWOT Analysis
12.8.6 Key Strategies
12.9 Sogefi SpA
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Products/Services Offered
12.9.4 Key Developments (2014–2018)
12.9.5 SWOT Analysis
12.9.6 Key Strategies
12.1 Mando Corp.
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products/Services Offered
12.10.4 Key Developments (2014–2018)
12.10.5 SWOT Analysis
12.10.6 Key Strategies

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