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Polaris Market Research
www.polarismarketresearch.com
Likhil Gajbhiye
likhil.g@polarismarketresearch.com
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Automotive Suspension Market Share, Growth, Region, Application, Trends and Forecasts by 2026
The global Automotive Suspension Market generated $81.8 billion in 2017 and is anticipated to grow at a CAGR of 4.9% during the forecast period.

BriefingWire.com, 9/26/2018 - The global Automotive Suspension Market generated $81.8 billion in 2017 and is anticipated to grow at a CAGR of 4.9% during the forecast period.

Automotive suspension consists of springs and shock absorbers to cushion the impact of road irregularities on a portion of an automobile.

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There has been an increasing demand of automotive suspension systems owing to increasing vehicle production, and growing demand for luxury vehicles. Consumers are increasingly investing in vehicles offering comfortable and improved driving experience.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global automotive suspension Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

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Asia-Pacific generated the highest revenue in 2017 owing to increasing demand for vehicles from China, Japan, and India. Development of advanced suspension systems, growing demand for regenerative suspension system, and technological advancements has increased the adoption of automotive suspension in the region.

Competitive Landscape and Key Vendors

The global automotive suspension market is characterized by the presence of well-diversified international and small and medium-sized vendors. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

The leading companies profiled in the report include Multimatic Inc., Continental AG, Tenneco Inc., ZF TRW, Hendrickson USA, L.L.C, Thyssenkrupp, Magneti Marelli S.p.A, Sogefi SpA, WABCO Holdings Inc., and NHK Spring Co., Ltd.

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Key Segments

System

• Active Suspension

• Passive Suspension

• Semi-Active Suspension

Vehicle Type

• Passenger Cars

• Light Commercial Vehicles

• Heavy Commercial Vehicles

Component

• Strut

• Shock Absorber

• Leaf Spring

• Ball Joint

• Air Spring

• Control Arm

• Coil Spring

• Others

Damping

• Hydraulic

• Electromagnetic

Geometry

• Independent Suspension

• Semi-Independent Suspension

• Dependent Suspension

Region

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o UK

o France

o Italy

o Rest of Europe

• Asia-Pacific

o China

o India

o Japan

o Rest of Asia-Pacific

• Latin America

o Brazil

o Rest of Latin America

• Middle East and Africa

Complete Report with TOC Available @ [URL]https://www.polarismarketresearch.com/industry-analysis/automotive-suspension-market/[/URL]

 
 
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