Increasing focus of the consumers as well as rising emphasis on relatively better ride control options to achieve safe and smooth ride along with less or negligible vibrations are some of the major factors changing the overall scenario in the global automotive suspension systems market over the last few years. Automotive suspension systems are considered crucial to achieve comfort, efficient driving experience as well as to meet safety standards as the body of the vehicle is precursory on the suspension and thus helps in transferring all the forces across the body and the road. The automotive suspension system consists of shock absorber, spring and wishbones in order to transfer and filter all the external forces across the body and the road. It also furnishes relatively better handling performance and thus enables the vehicle to respond properly and favorably to the external forces which are generated by distinct tyres during the braking forces and acceleration. Moreover, introduction of automotive suspension systems has led to the negligible vibration in the vehicles along with the best quality standards of ride and thus enhancing the overall controlling experience of the vehicle. Rising demand for efficient and suspension systems as well as increasing number of advancements in the technologies related to the suspension systems across the globe are some of the key factors propelling the demand for economical, lightweight as well as cheap automotive suspension systems and is expected to drive the global automotive suspension systems market in the foreseeable years. Stringent norms associated to the emission laid by the governments and other environmental organizations of various economies along with standards associated with the fuel efficiency have forced the manufacturers of automotive suspension systems to adopt for advanced technology and high tech solutions. The market can be bifurcated by system type, vehicle type, channel type, damping type and geography. By vehicle type, the global automotive suspension systems market can be divided into light commercial vehicles, heavy commercial vehicles and passenger vehicles. By system type, the global automotive suspension systems market can be divided into semi-active, active, adaptive and passive. By damping type, the global automotive suspension systems market can be divided into electromagnetic and hydraulic. By channel type, the global automotive suspension systems market can be divided into aftermarket and OEM. By geography, the global automotive suspension systems market can be divided into North America, Latin America, Europe, Middle East & Africa and Asia Pacific. The robust demand especially in the Asia Pacific region is anticipated to be one of the key driving factors for the overall growth of the global market. Moreover, China is further projected to account for the highest share in the global market and is anticipated to maintain its lead in the overall demand during the forecast period. This can be attributed to rapid industrialization and increasing urbanization during the past few years. The markets in various other developing economies such as Russia, Brazil, Indonesia, Poland, Argentina, New Zealand, Korea and India among others are also expected to witness a rapid growth throughout the forecast period. In addition to this, rising per capita disposable income and surge in the global economy is another key factor which is expected to bring impetus in the growth of the global market during the forecast period. Key players operating in the global market are concentrating on some of the major market strategies such as mergers, partnerships, collaborations and acquisitions in order to keep hold in the ever competitive global market. Furthermore, they are focusing on gaining hold on the local players to strengthen their goodwill as well as to enhance their market reach in the global market. Some of the major players in the global power sports market include Benteler Group, Continental AG, KYB Co., Ltd., MagnetiMarelli S.p.A., Mando Corporation, Schaeffler AG, Tenneco Inc., TRW Automotive Holdings Corporation WABCO Holdings Inc. and ZF Friedrichshafen AG among others.
TABLE OF CONTENTS 1. MARKET OVERVIEW 1.1. Market Definitions 1.2. Research Methodology 1.3. Market Segmentation 2. EXECUTIVE SUMMARY 3. MARKET DYNAMICS 3.1. Drivers 3.2. Restraints 3.3. Opportunities 3.4. Premium Market Trends 4. INDUSTRY ANALYSIS 4.1. Value Chain Analysis 4.2. System Type / Product Roadmap 4.3. Market Attractiveness Analysis 5. Automotive Suspension Systems Market, BY VEHICLE TYPE 5.1. Segment Share (%) (2016 v/s 2022) 5.2. Vehicle Type 5.2.1. Heavy commercial vehicles 5.2.2. Light commercial vehicles 5.2.3. Passenger vehicles 6. Automotive Suspension Systems Market, BY SYSTEM TYPE 6.1. Segment Share (%) (2016 v/s 2022) 6.2. System Type 6.2.1. Active 6.2.2. Semi-active 6.2.3. Passive 6.2.4. Adaptive 7. Automotive Suspension Systems Market, BY DAMPING TYPE 7.1. Segment Share (%) (2016 v/s 2022) 7.2. Damping Type 7.2.1. Hydraulic 7.2.2. Electromagnetic 8. Automotive Suspension Systems Market, BY CHANNEL TYPE 8.1. Segment Share (%) (2016 v/s 2022) 8.2. Channel Type 8.2.1. OEM 8.2.2. Aftermarket 9. Automotive Suspension Systems Market, BY GEOGRAPHY 9.1. Segment Share (%) (2016 v/s 2022) 9.2. Geography 9.2.1. North America 184.108.40.206. Segment Share (%) (2016 v/s 2022) 220.127.116.11. By Region 18.104.22.168.1. U.S. 22.214.171.124.2. Rest of North America 126.96.36.199. By Vehicle Type 188.8.131.52. By System Type 184.108.40.206. By Damping Type 220.127.116.11. By Channel Type 9.2.2. Europe 18.104.22.168. Segment Share (%) (2016 v/s 2022) 22.214.171.124. By Region 126.96.36.199.1. France 188.8.131.52.2. Germany 184.108.40.206.3. U.K 220.127.116.11.4. Rest of Europe 18.104.22.168. By Vehicle Type 22.214.171.124. By System Type 126.96.36.199. By Damping Type 188.8.131.52. By Channel Type 9.2.3. Asia Pacific 184.108.40.206. Segment Share (%) (2016 v/s 2022) 220.127.116.11. By Region 18.104.22.168.1. China 22.214.171.124.2. India 126.96.36.199.3. Japan 188.8.131.52.4. Rest of Asia-Pacific 184.108.40.206. By Vehicle Type 220.127.116.11. By System Type 18.104.22.168. By Damping Type 22.214.171.124. By Channel Type 9.2.4. Middle East & Africa 126.96.36.199. Segment Share (%) (2016 v/s 2022) 188.8.131.52. By Region 184.108.40.206.1. GCC 220.127.116.11.2. North Africa 18.104.22.168.3. South Africa 22.214.171.124.4. Rest of Middle East & Africa 126.96.36.199. By Vehicle Type 188.8.131.52. By System Type 184.108.40.206. By Damping Type 220.127.116.11. By Channel Type 9.2.5. Latin America 18.104.22.168. Segment Share (%) (2016 v/s 2022) 22.214.171.124. By Region 126.96.36.199.1. Brazil 188.8.131.52.2. Rest of Latin America 184.108.40.206. By Vehicle Type 220.127.116.11. By System Type 18.104.22.168. By Damping Type 22.214.171.124. By Channel Type 10. COMPETITIVE LANDSCAPE 10.1. Market Share Analysis, 2015 (%) 10.2. Key Innovator Companies 11. KEY MARKET PLAYERS 11.1. Continental AG 11.1.1. Overview 11.1.2. Key Strategies 11.1.3. Recent Developments 11.2. Benteler Group 11.2.1. Overview 11.2.2. Key Strategies 11.2.3. Recent Developments 11.3. MagnetiMarelli S.p.A 11.3.1. Overview 11.3.2. Key Strategies 11.3.3. Recent Developments 11.4. KYB Co., Ltd. 11.4.1. Overview 11.4.2. Key Strategies 11.4.3. Recent Developments 11.5. Schaeffler AG 11.5.1. Overview 11.5.2. Key Strategies 11.5.3. Recent Developments 11.6. Mando Corporation 11.6.1. Overview 11.6.2. Key Strategies 11.6.3. Recent Developments 11.7. TRW Automotive Holdings Corporation 11.7.1. Overview 11.7.2. Key Strategies 11.7.3. Recent Developments 11.8. Tenneco Inc., 11.8.1. Overview 11.8.2. Key Strategies 11.8.3. Recent Developments 11.9. ZF Friedrichshafen AG 11.9.1. Overview 11.9.2. Key Strategies 11.9.3. Recent Developments 11.10. WABCO Holdings Inc. 11.10.1. Overview 11.10.2. Key Strategies 11.10.3. Recent Developments 12. APPENDIX 12.1. About Us 12.2. Research Methodology 12.2.1. Coverage 12.2.2. Secondary Research 12.2.3. Primary Research 12.3. Glossary 12.4. Contact Us 12.5. Disclaimer
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