The suspension system setup that supports weight, absorbs and dampens shock and helps maintain tire contact.
This report contains market size and forecasts of Automotive Suspension Parts in global, including the following market information:
Global Automotive Suspension Parts Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Suspension Parts Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Suspension Parts companies in 2021 (%)
The global Automotive Suspension Parts market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Struts Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Suspension Parts include Continental (Germany), ThyssenKrupp (Germany), ZF Friedrichshafen (Germany), Magneti Marelli (Italy), Tenneco (USA), Mando (Korea), Linamar (Canada), CIE Automotive (Spain) and Futaba Industrial (Japan), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Suspension Parts manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Suspension Parts Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Suspension Parts Market Segment Percentages, by Type, 2021 (%)
Struts
Springs
Bushings
Others
Global Automotive Suspension Parts Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Suspension Parts Market Segment Percentages, by Application, 2021 (%)
Passenger Cars
Commercial Vehicles
Global Automotive Suspension Parts Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Suspension Parts Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Suspension Parts revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Suspension Parts revenues share in global market, 2021 (%)
Key companies Automotive Suspension Parts sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Suspension Parts sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Continental (Germany)
ThyssenKrupp (Germany)
ZF Friedrichshafen (Germany)
Magneti Marelli (Italy)
Tenneco (USA)
Mando (Korea)
Linamar (Canada)
CIE Automotive (Spain)
Futaba Industrial (Japan)
Toyo Tire & Rubber (Japan)
Trelleborg (Sweden)
KYB (Japan)
Meritor (USA)
Aisin Takaoka (Japan)
Musashi Seimitsu Industry (Japan)
Tower International (USA)
Sogefi (Italy)
Press Kogyo (Japan)
Wanxiang Qianchao (China)
Yorozu (Japan)
Anand Automotive (India)
Ahresty (Japan)
Fawer Automotive Parts (China)
Shiloh Industri (USA)
Hwashin (Korea)
Teksid (Italy)
Zhejiang Asia-Pacific Mechanical & Electronic (China)
Univance (Japan)
Haldex (Sweden)
Le Belier (France)