Automotive Suspension System Market Outlook for (2023 to 2033)
The automotive suspension system market size is poised to surpass a valuation of US$ 100,875.9 million by 2033. Our automotive analysts opine that automotive suspension system manufacturers can expect a CAGR of 4.5% through 2033, with a current valuation of US$ 64,956.8 million in 2023.
Attributes
Details
Automotive Suspension System Market Size, 2022
US$ 62,173.0 million
Automotive Suspension System Market Size, 2023
US$ 64,956.8 million
Automotive Suspension System Market Size, 2033
US$ 100,875.9 million
Value CAGR (2023 to 2033)
4.5%
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Key Market Highlights
Market Will Reap Benefits from the Expansion of E-commerce and Last-mile Delivery
E-commerce businesses frequently need bespoke delivery trucks designed to meet their unique requirements. These vehicles can be parcel delivery trucks, refrigerated vans for food delivery, or electric delivery vehicles built for metropolitan areas. In order to ensure the secure and effective delivery of cargo, each of these vehicle types must meet certain suspension standards. The logistics and delivery industry is becoming increasingly concerned with sustainability. To lessen their emissions and environmental effect, certain delivery services are switching to electric delivery cars. The weight distribution of the battery packs in these electric cars may necessitate special suspension designs, opening up new prospects for innovation in the suspension systems industry.
Magneto-Rheological (MR) Fluid Dampers Will Gain Immense Popularity
Magneto-rheological fluid dampers are becoming more popular due to its capacity to swiftly and accurately alter damping properties in response to fluctuating driving dynamics and road conditions. These dampers have a specific fluid within that changes viscosity in the presence of a magnetic field, enabling very rapid damping adjustments. MR fluid dampers are being utilized to improve ride comfort, stability, and overall driving performance as vehicles become more connected and equipped with cutting-edge sensors.
Historical Performance of the Automotive Suspension System Market (2018 to 2022) Vs. Forecast Outlook (2023 to 2033)
Attributes
Details
Automotive Suspension System Market Size (2018)
US$ 53,135.5 million
Automotive Suspension System Market Size (2022)
US$ 62,173.0 million
Automotive Suspension System Market (CAGR 2018 to 2022)
4.0%
From 2018 onward, the electric vehicle (EV) market grew significantly. Due to their massive battery packs, EVs have particular suspension needs, which has an impact on the suspension systems industry. To address the particular features of electric vehicles, automakers had to create specialized suspension systems. Furthermore, during this time autonomous vehicle development accelerated, opening doors for suspension systems created to maximize passenger comfort and safety in self-driving automobiles. These systems sometimes called for complex and adaptable suspension configurations, which further fueled market growth.
The evolution of increasingly complex and adaptable suspension technology has been made easier by developments in materials science, sensors, and control systems. Consumers looking for better ride quality, handling, and safety are drawn to these advancements, which driving market expansion even further. The number of automobiles on the road is still rising, particularly in developing nations. This increase in vehicle ownership is directly tied to the rise of the market for suspension systems, as both new and current vehicle owners seek to upgrade or update their suspension components for better comfort and safety.
In the coming years, manufacturing of suspension component will employ more cutting-edge materials, such as composites and light metals. Regenerative suspension technologies will continue to be developed and used, enabling cars to recover and use energy from road imperfections and so further improving energy efficiency and sustainability. Innovative suspension solutions will be produced as a consequence of ongoing research and development, including those that make use of novel materials, AI-driven adaptive systems, and haptic feedback technologies.
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Automotive Suspension System Market Trends Analysis
Trends
To lessen the impact of production, more sustainable natural fiber composites should be used in suspension parts.
Using robots and automation to perform inspections and maintenance on suspension systems in a time-bound and precision-conscious manner.
Utilizing augmented reality (AR) tools to make suspension tuning and upkeep easier for mechanics and drivers.
Incorporating haptic feedback systems, which deliver tactile feedback to drivers via the steering wheel or seat and improve driver awareness of traffic conditions and possible risks.
Real-time monitoring of suspension parts with sensors and diagnostics to enable preventive maintenance and improve vehicle dependability.
Opportunities
The rise of electric and autonomous cars offers chances for the creation of bespoke suspension systems catered to the particular requirements of these new vehicle types.
Real-time monitoring, adjusting, and preventive maintenance are being facilitated by the integration of connected technology and sensors into suspension systems.
Opportunities for the development of environmentally friendly suspension parts utilizing renewable resources and energy-saving designs are created by rising environmental consciousness.
As urbanization and growing incomes drive the demand for automobiles, emerging economies in Latin America, Asia, and Africa offer prospects for the market development of automotive suspension systems.
The expansion of ride-hailing services and shared mobility platforms, potentially drives up the demand for sophisticated suspension systems in these fleets.
Challenges
Some suspension technologies may become outdated or less useful due to the automobile industry's fast technological advancement, necessitating constant adaptation and financial investment in research and development.
The possibility of fake suspension parts entering the supply chain, which might jeopardize vehicle performance and safety, is possible in the market.
The growth of alternate mobility options like electric bikes and scooters might eventually threaten the traditional vehicle industry.
Comparative View of Adjacent Automotive Suspension System Market
Future Market Insights (FMI) has compared two other markets, the Automotive Active Suspension Market and the Automotive Suspension Control Arms Market. The tables show that the three market’s growth will be influenced by the rising urbanization and improving income levels. Technological breakthroughs in the three markets will give an edge to the market players.
The increasing sales of electric vehicles and developments in autonomous vehicles will pay pave for immense growth in the three mentioned markets.
Automotive Suspension System Market:
Attributes
Automotive Suspension System Market
CAGR (2023 to 2033)
4.5%
Market Value (2023)
US$ 64,956.8 million
Growth Factors
Surging integration in electric and autonomous vehicles.
Rising demand for regenerative suspension systems.
Future Opportunities
Advancements in material science.
Market Trends
Surging AI and Machine Learing integration for improved safety.
Automotive Active Suspension Market:
Attributes
Automotive Active Suspension Market
CAGR (2023 to 2033)
4.8%
Market Value (2023)
US$ 2,526.31 million
Growth Factors
Increasing emphasis on vehicle and passenger safety.
Continuous technical developments.
Future Opportunities
New vehicle launches and increased commercial electric vehicle sales.
Market Trends
Rising investments by market players.
Automotive Suspension Control Arms Market:
Attributes
Automotive Suspension Control Arms Market
CAGR (2023 to 2033)
3.8%
Market Value (2023)
US$ 46.33 billion
Growth Factors
Improving disposable income levels in developing nations.
Surging electrification of vehicles.
Future Opportunities
Growing demand for commercial vehicles in logistics and e-commerce industries.
Market Trends
Increasing urbanization and middle-class population.
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Category-wise Insights
Robust Aftermarket Demand Surges Shares of Automotive Shock Dampers
In 2023, the automotive shock dampers component segment holds 25.60% of the automotive suspension market shares
Segment
Automotive Shock Dampers (Component)
Value Share (2023)
25.60%
Considering worn-out or inefficient shock absorbers are widely sought-after upgrades and replacements by vehicle owners, the aftermarket for shock dampers is thriving. Customers seeking to enhance the ride quality, vehicle handling, and safety drive this aftermarket demand. The performance and reactivity of shock dampers have been improved by recent developments, such as adaptive and electronically controlled dampers. Automakers and consumers looking for cutting-edge suspension solutions are drawn to these developments.
Rising Two-wheeler Sales Will Offer Ample Growth Opportunities in the Industry
In 2023, two-wheeler segment holds 36.70% of the global automotive suspension market shares.
Segment
Two Wheeler (Vehicle Type)
Value Share (2023)
25.60%
Two-wheelers tend to be more economical than four-wheeled vehicles, making them a desirable choice for customers on a budget, particularly in developing economies. Due to their accessibility, these vehicles sell more, which raises the need for suspension systems specifically made for them. The fuel economy of two-wheelers is considered significant in light of growing fuel prices and environmental concerns. They provide a cost-effective and environmentally friendly means of transportation, which increases both their appeal and the need for high-tech suspension systems that enhance handling and ride comfort.
Country-wise Insights
Country
Value CAGR (2023)
United Kingdom
2.1%
Germany
1.8%
India
5.4%
China
5.2%
Japan
2.7%
Increasing Customization Trends Boost Product Sales in the United Kingdom
The automotive suspension system market in the United Kingdom will rise at a 2.1% CAGR through 2033. Customers in the United Kingdom are increasingly interested in customizing their products, including the ride comfort and handling features of their vehicles. Customizable suspension systems are highly sought-after in this country. Two-wheelers, e-bikes, and electric scooters are growing in popularity as cities in the United Kingdom look at urban mobility options and try to minimize traffic and pollution. These automobiles frequently need sophisticated suspension systems, which helps the industry grow. Consumers looking for cutting-edge features and an enhanced ride quality are seeing continued technical improvements, such as adaptive and electronically controlled suspension systems, to be popular in the United Kingdom.
Edge in Autonomous Driving Spurs Product Demand in Germany
The automotive suspension system market in Germany will develop at a 1.8% CAGR through 2033. In terms of research and development for autonomous driving, Germany is in the forefront. The need for such components is increased by autonomous cars' need for sophisticated suspension systems to guarantee passenger comfort and safety. Germany serves as a crucial market for automotive suppliers due to its geographic centrality within Europe. In order to get access to both the domestic and global European automotive markets, many suppliers establish a presence in Germany, which encourages the market growth for suspension systems.
A Significant Market for Affordable Vehicles Encourages Industry Growth in India
The automotive suspension system market in India will thrive at a 5.4% CAGR through 2033. For inexpensive and small automobiles, India has a sizable market. To keep their prices competitive, these vehicles frequently need affordable suspension systems that are also reliable. Additionally, the two-wheeler market in India is massive. Commuters in both urban and rural areas are increasing their demand for motorbikes and scooters with dependable suspension systems. The expanding middle class in India is looking for automobiles with better comfort and safety features, such as improved suspension systems. The need for such automobiles grows as more individuals enter the middle class.
Favorable Government Initiatives Foster Market Growth in China
The automotive suspension system market in China will rise at a 5.2% CAGR through 2033. New energy vehicles (NEVs), such as electric automobiles, are being aggressively promoted by the Chinese government. Due to the weight and distribution of battery packs in NEVs, specialist suspension systems are frequently needed, which presents business possibilities for providers of suspension components. In China, the demand for off-road and adventure vehicles, including SUV and crossover models, is rising. For these vehicles to tackle rough terrain and offer a comfortable ride, sophisticated suspension systems are needed. Vehicles and automotive parts are widely exported from China. The nation is a desirable supplier for both domestic and international markets due to the development of suspension systems, including affordable choices.
Prominence of a Strong Motorcycle Culture Boosts Product Demand in Japan
The automotive suspension system market in Japan will develop at a 2.7% CAGR through 2033. With a sizable population of riders and motorbike aficionados, Japan has a vibrant motorcycle culture. This cultural trend fuels demand for motorbikes with cutting-edge suspension systems, including sport bikes and touring models. Government programs to enhance fuel economy and cut emissions frequently result in the adoption of cutting-edge suspension systems, which boost vehicle efficiency. Japan's environment includes hilly and mountainous terrain, necessitating the use of automobiles with reliable suspension systems for navigating twisting roads and steep inclines safely and comfortably.
Competitive Landscape
The automotive suspension systems industry is fiercely competitive with a mix of world leaders, local experts, and startups motivated by technology. The main forces driving competitiveness in this dynamic sector are cooperation, innovation, personalization, and sustainability. Businesses that can adjust to changing customer demands, technology developments, and regulatory changes will succeed in this cutthroat environment. Companies like Tenneco Inc., ZF Friedrichshafen AG, and KYB Corporation are strong worldwide players with a sizable regional presence. These businesses provide a wide selection of suspension systems and parts, ranging from sophisticated electronically controlled suspensions to conventional shock absorbers.
Recent Developments
In April 2023, the Chinese electric vehicle (EV) manufacturer BYD unveiled a brand-new innovation known as the DiSus Intelligent Body Control System, or DiSus. The suspension and body control software promises to enhance the driving experience of BYD's electric vehicles.
In December 2022, BMW submitted a patent application to the German Patent Office for a brand-new regenerative suspension system.
Key Players in the Global Automotive Suspension System Market
The Benteler Group
Continental AG
KYB Co. Ltd.
Magneti Marelli S.p.A.
Mando Corporation
Schaeffler AG
Tenneco Inc.
TRW Automobile Holdings Coporation
WABCO Holdings Inc.
ZF Friedrichshafen AG
Automotive Suspension System Market Segmentation
By Components:
Spring
Automotive Shock Dampener
Struts
Control Arms
Ball Joint
Air Compressor
Leaf Spring
By Vehicle Type:
Two-wheeler
Passenger Cars
Commercial Vehicle
By Region:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Japan
Frequently Asked Questions
The automotive suspension system market size is valued at US$ 64,956.8 million in 2023.
The automotive suspension system market size will rise at a 4.5% CAGR through 2033.
The automotive suspension system market will be worth US$ 100,875.9 million by 2033.
The automotive shock damper is the preferred component in the automotive suspension system market.
India will witness immense growth at a 5.4% CAGR through 2033.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Components
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Components, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Components, 2023 to 2033
5.3.1. Suspension Spring
5.3.2. Shock Dampener
5.3.3. Suspension Struts
5.3.4. Suspension Control Arms
5.3.5. Suspension Ball Joint
5.3.6. Suspension Air Compressor
5.3.7. Suspension Leaf Spring
5.4. Y-o-Y Growth Trend Analysis By Components, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Components, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Vehicle Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Vehicle Type, 2023 to 2033
6.3.1. Two-Wheeler
6.3.2. Passenger Car
6.3.3. Commercial Vehicle
6.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Vehicle Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Components
8.2.3. By Vehicle Type
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Components
8.3.3. By Vehicle Type
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Components
9.2.3. By Vehicle Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Components
9.3.3. By Vehicle Type
9.4. Key Takeaways
10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UK
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Components
10.2.3. By Vehicle Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Components
10.3.3. By Vehicle Type
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Components
11.2.3. By Vehicle Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Components
11.3.3. By Vehicle Type
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Components
12.2.3. By Vehicle Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Components
12.3.3. By Vehicle Type
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Components
13.2.3. By Vehicle Type
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Components
13.3.3. By Vehicle Type
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Components
14.2.3. By Vehicle Type
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Components
14.3.3. By Vehicle Type
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Components
15.1.2.2. By Vehicle Type
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Components
15.2.2.2. By Vehicle Type
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Components
15.3.2.2. By Vehicle Type
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Components
15.4.2.2. By Vehicle Type
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Components
15.5.2.2. By Vehicle Type
15.6. UK
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Components
15.6.2.2. By Vehicle Type
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Components
15.7.2.2. By Vehicle Type
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Components
15.8.2.2. By Vehicle Type
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Components
15.9.2.2. By Vehicle Type
15.10. Poland
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Components
15.10.2.2. By Vehicle Type
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Components
15.11.2.2. By Vehicle Type
15.12. Czech Republic
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Components
15.12.2.2. By Vehicle Type
15.13. Romania
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Components
15.13.2.2. By Vehicle Type
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Components
15.14.2.2. By Vehicle Type
15.15. Bangladesh
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Components
15.15.2.2. By Vehicle Type
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Components
15.16.2.2. By Vehicle Type
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Components
15.17.2.2. By Vehicle Type
15.18. China
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Components
15.18.2.2. By Vehicle Type
15.19. Japan
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Components
15.19.2.2. By Vehicle Type
15.20. South Korea
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Components
15.20.2.2. By Vehicle Type
15.21. GCC Countries
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2022
15.21.2.1. By Components
15.21.2.2. By Vehicle Type
15.22. South Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2022
15.22.2.1. By Components
15.22.2.2. By Vehicle Type
15.23. Israel
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2022
15.23.2.1. By Components
15.23.2.2. By Vehicle Type
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Components
16.3.3. By Vehicle Type
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. The Benteler Group
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Continental AG
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. KYB Co., Ltd.
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Magneti Marelli S.p.A.
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Mando Corporation
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Schaeffler AG
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Tenneco Inc.
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. TRW Automobile Holdings Corporation
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. WABCO Holdings Inc.
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. ZF Friedrichshafen AG
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
18. Assumptions & Acronyms Used19. Research Methodology
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List of Tables
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 4: Global Market Volume (Units) Forecast by Components, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 6: Global Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033
Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: North America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 9: North America Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 10: North America Market Volume (Units) Forecast by Components, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 12: North America Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033
Table 15: Latin America Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 16: Latin America Market Volume (Units) Forecast by Components, 2018 to 2033
Table 17: Latin America Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 18: Latin America Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: Western Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 21: Western Europe Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 22: Western Europe Market Volume (Units) Forecast by Components, 2018 to 2033
Table 23: Western Europe Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 24: Western Europe Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2018 to 2033
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 28: Eastern Europe Market Volume (Units) Forecast by Components, 2018 to 2033
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 30: Eastern Europe Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2018 to 2033
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 34: South Asia and Pacific Market Volume (Units) Forecast by Components, 2018 to 2033
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 36: South Asia and Pacific Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 38: East Asia Market Volume (Units) Forecast by Country, 2018 to 2033
Table 39: East Asia Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 40: East Asia Market Volume (Units) Forecast by Components, 2018 to 2033
Table 41: East Asia Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 42: East Asia Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2018 to 2033
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Components, 2018 to 2033
Table 46: Middle East and Africa Market Volume (Units) Forecast by Components, 2018 to 2033
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Vehicle Type, 2018 to 2033
Table 48: Middle East and Africa Market Volume (Units) Forecast by Vehicle Type, 2018 to 2033
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List of Charts
Figure 1: Global Market Value (US$ Million) by Components, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Market Volume (Units) Analysis by Region, 2018 to 2033
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 9: Global Market Volume (Units) Analysis by Components, 2018 to 2033
Figure 10: Global Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 11: Global Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 12: Global Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 13: Global Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033
Figure 14: Global Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 15: Global Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 16: Global Market Attractiveness by Components, 2023 to 2033
Figure 17: Global Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 18: Global Market Attractiveness by Region, 2023 to 2033
Figure 19: North America Market Value (US$ Million) by Components, 2023 to 2033
Figure 20: North America Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 23: North America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 27: North America Market Volume (Units) Analysis by Components, 2018 to 2033
Figure 28: North America Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 29: North America Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 30: North America Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 31: North America Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033
Figure 32: North America Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 33: North America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 34: North America Market Attractiveness by Components, 2023 to 2033
Figure 35: North America Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 36: North America Market Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Market Value (US$ Million) by Components, 2023 to 2033
Figure 38: Latin America Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 41: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 45: Latin America Market Volume (Units) Analysis by Components, 2018 to 2033
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 48: Latin America Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 49: Latin America Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 52: Latin America Market Attractiveness by Components, 2023 to 2033
Figure 53: Latin America Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 55: Western Europe Market Value (US$ Million) by Components, 2023 to 2033
Figure 56: Western Europe Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 57: Western Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Western Europe Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 63: Western Europe Market Volume (Units) Analysis by Components, 2018 to 2033
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 66: Western Europe Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 67: Western Europe Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 70: Western Europe Market Attractiveness by Components, 2023 to 2033
Figure 71: Western Europe Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 72: Western Europe Market Attractiveness by Country, 2023 to 2033
Figure 73: Eastern Europe Market Value (US$ Million) by Components, 2023 to 2033
Figure 74: Eastern Europe Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 81: Eastern Europe Market Volume (Units) Analysis by Components, 2018 to 2033
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 85: Eastern Europe Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 88: Eastern Europe Market Attractiveness by Components, 2023 to 2033
Figure 89: Eastern Europe Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 90: Eastern Europe Market Attractiveness by Country, 2023 to 2033
Figure 91: South Asia and Pacific Market Value (US$ Million) by Components, 2023 to 2033
Figure 92: South Asia and Pacific Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2023 to 2033
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Components, 2018 to 2033
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 106: South Asia and Pacific Market Attractiveness by Components, 2023 to 2033
Figure 107: South Asia and Pacific Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2023 to 2033
Figure 109: East Asia Market Value (US$ Million) by Components, 2023 to 2033
Figure 110: East Asia Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 111: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 113: East Asia Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 116: East Asia Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 117: East Asia Market Volume (Units) Analysis by Components, 2018 to 2033
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 120: East Asia Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 121: East Asia Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 124: East Asia Market Attractiveness by Components, 2023 to 2033
Figure 125: East Asia Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 126: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 127: Middle East and Africa Market Value (US$ Million) by Components, 2023 to 2033
Figure 128: Middle East and Africa Market Value (US$ Million) by Vehicle Type, 2023 to 2033
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2023 to 2033
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2018 to 2033
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Components, 2018 to 2033
Figure 135: Middle East and Africa Market Volume (Units) Analysis by Components, 2018 to 2033
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Components, 2023 to 2033
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Components, 2023 to 2033
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Vehicle Type, 2018 to 2033
Figure 139: Middle East and Africa Market Volume (Units) Analysis by Vehicle Type, 2018 to 2033
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Vehicle Type, 2023 to 2033
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Vehicle Type, 2023 to 2033
Figure 142: Middle East and Africa Market Attractiveness by Components, 2023 to 2033
Figure 143: Middle East and Africa Market Attractiveness by Vehicle Type, 2023 to 2033
Figure 144: Middle East and Africa Market Attractiveness by Country, 2023 to 2033
