Suspension Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The global automotive suspension market is anticipated to reach USD 75.5 billion by the year 2028 at a CAGR of 4% over the forecast period. Suspension refers to all integrated systems of the tire, shock absorbers, springs, and linkages connecting the vehicle to its wheels. Owing to the rising demand for comfort & luxury, increased fuel efficiency, decreased emission limits and increase in vehicle production, the suspension market is expected to grow.
OMR Market Research has surveyed the Suspension 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.
Top Major Key Players Industries:
• KYB Corporation
• Hendrickson USA
• L.L.C
• Gabriel India Limited
• FOX Factory
• WABCO
• Continental AG
• ZF TRW
• Magneti Marelli S.p.A
• Tenneco Inc.
• Sogefi SpA
• Tower International
• F-TECH INC.
• F&P America
• Multimatic Inc.
• BWI Group
• Tinsley Bridge Group Unity Automotive
• Kumpulan Belton Berhad
By System:
Passive
Active
Semi-Active
By Component Type:
Shock Dampener
Struts, Control Arm
Ball Joint
Air Compressor
Others
By Suspension Type:
Hydraulic Suspension
Air Suspension
Leaf Spring
By Vehicle Type:
Two Wheelers
Passenger Cars
Commercial Vehicles
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