The global automotive advanced suspension system market to grow at a CAGR of 8.97% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is use of lightweight technologies for suspension. Vehicle makers are increasingly trying to reduce the overall weight of vehicles by replacing heavier parts with lightweight counterparts. Vehicle makers and suppliers are developing parts made from carbon fiber and glass reinforced plastics to decrease weight of the suspension components.
According to the report, one driver in the market is rising sales of luxury vehicles. Automotive advanced suspension systems are mainly used in high-performance and luxury vehicles. Hence, increasing sales of luxury and high-performance cars will drive the demand for automotive suspension system during the forecast period.
Further, the report states that one challenge in the market is increased production costs. Installation of automotive advanced suspension systems significantly increases vehicle production costs. Hence, automotive advanced suspension systems are limited to luxury cars and heavy commercial vehicles.
Key Vendors
BMI Group
Continental
Tenneco
thyssenkrupp
WABCO
ZF Friedrichshafen
Key Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 05: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 07: MARKET SEGMENTATION BY TECHNOLOGY
Segmentation by technology
Comparison by technology
Active suspension- Market size and forecast 2017-2022
Semi-active suspension system - Market size and forecast 2017-2022
Market opportunity by technology
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USER
Segmentation by end-user
Comparison by end-user
Passenger cars- Market size and forecast 2017-2022
Commercial vehicles - Market size and forecast 2017-2022
Market opportunity by end-user
PART 10: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
EMEA - Market size and forecast 2017-2022
APAC - Market size and forecast 2017-2022
Americas - Market size and forecast 2017-2022
Market opportunity by region
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 13: MARKET TRENDS
Use of lightweight technologies for suspension
Development of smart suspension systems
Development of active curve tilting function in active suspension
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