Global Automotive Torsion Bar Market Size, Share and Trends Analysis Report, By Type (Steel Torsion Bar and Composite Torsion Bar), By Application (Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle), Forecast Period (2022-2028)
The global automotive torsion bar market is anticipated to grow at a CAGR of 2.2% during the forecast period (2022-2028). One of the major factors driving the market is the increasing disposable income across the globe which enables people to get a more comfortable drive, therefore the demand is increasing for the vehicle which contributed to the demand for automotive torsion bar. The increasing accident rate due to the instability of the vehicle during high speed, as the torsion bar manages the tires to keep the contact with the road all the time is also contributing to the demand.
The heavy commercial vehicles sometimes carry extra weight which results in the failure of other parts, the torsion bar distributes that weight in equal order to manage the weight and successful results. In order to enhance safety during the races, the automotive torsion bars are used to increase strength and steadiness. All these factors are growing the market for automotive torsion bars. For Instance, Sway-A-Way’s circle track torsion bars (Dirt Modified Torsion Bar – 29) are high-quality bars designed to provide customers with better, more consistent racing results. Heat-treated, centerless ground, pre-stressed, and powder coated, these strong bars are carefully machined from aircraft-grade alloy steel. Sway-A-torsion Way’s bars are distinguished by their pre-stressing process, which boosts the torsion bar’s strength and allows for more wheel travel before yielding.
Some major players in the market include LISI AUTOMOTIVE, Marelli Holdings Co., Ltd., Schaeffler AG, Sogefi SpA, Sway-A-Way, ZF Friedrichshafen AG, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
Jaguar torsion bars from Sway-A-Way are a high-performance direct replacement for the standard bars, available at a couple of different rates for street and race use. The Sway-A-Way torsion bars, like all of our bars, are made of heat-treated aircraft-grade alloy steel and centerless ground for superior longevity and spring rate consistency. Solid 4340 alloy steel construction. Heat-treated for further sturdiness. Ground without a center ensures a uniform outer diameter and rate. Corrosion-resistant powder coating
Toyota torsion bars from Sway-A-Way are smaller than factory, yet they still provide the strength needed to withstand heavy off-road abuse without adding excessive spring rate. The best handling and control are usually achieved with just enough spring. Excessive spring rate makes damping more difficult to adjust and degrades ride quality. The best ride is achieved by using shocks that are matched to the torsion bars and have the appropriate rate.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-LISI AUTOMOTIVE, Marelli Holdings Co., Ltd., Schaeffler AG, Sogefi SpA , Sway-A-Way, ZF Friedrichshafen AG, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Automotive Torsion Bar Market Report by Segment
By Type
- Steel Torsion Bar
- Composite Torsion Bar
By Application
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Global Automotive Torsion Bar Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The report will be delivered within 48-72 hours after payment confirmation