July 9, 2021 05:28 ET | Source: Research and Market Research and Market

Dublin, July 9, 2021 (GLOBE NEWSWIRE)-"According to the architecture (MacPherson struts, double wishbone, multi-links, torsion beams, leaf springs, air suspension), system type, drive, component OE and The Global Automotive Suspension Market, Vehicles (ICE, BEV, HEV, PHEV) and Regions by Aftermarket Segment-Forecast to 2026" report has been added to ResearchAndMarkets.com's products.

The global automotive suspension market is expected to grow from US$42.9 billion in 2021 to US$50.7 billion in 2026, with a compound annual growth rate of 3.4% during the forecast period.

The main driving factors of the automotive suspension industry are the increasing demand for vehicle comfort and safety and the increasing adoption of air suspension systems in HCV. The COVID-19 outbreak has severely affected the overall supply chain of the automotive industry. The production and logistics stalls caused by the pandemic have affected raw material suppliers in the automotive industry. The pandemic has affected the overall growth of the industry in 2020, as major automakers such as Fiat, Volkswagen, PSA Group, General Motors and BMW had to suspend production due to COVID-19 in the first second quarter of 2020. This scenario affects the automotive suspension market, especially in European and North American countries, because the growth of this market is directly related to vehicle production. However, according to industry experts, considering that 2021 is a recovery period for the automotive industry, the demand for suspension systems is expected to increase. Air suspension is estimated to be the fastest growing market in the construction sector. The installation rate of air suspension has increased significantly in buses in the Asia-Pacific region. The air suspension system adopted by the passenger car ensures the comfort of passengers and keeps the height of the vehicle at the required level during driving. The governments of countries such as China and India are paying attention to fuel efficiency and comfortable public transportation, which is expected to further promote the development of the bus air suspension market during the forecast period. Passenger cars are expected to become the largest market in the automotive suspension market, and the passenger car segment by model is expected to become the largest growth market in terms of value and volume. The suspension system is one of the basic systems of any type of vehicle. Therefore, the growth of the suspension system is directly proportional to the output of passenger cars. The increasing demand for comfort and safety features has also increased the installation of independent suspension systems in modern cars. The Asia-Pacific region is expected to become the largest market for automotive suspensions in terms of value, and the Asia-Pacific region is expected to become the largest market. China, South Korea, and Japan are the main car-producing countries in the region, and together produce approximately 88% of the cars in the region. The growth of China's automobile suspension market is mainly due to higher automobile production and foreign direct investment (FDI) in the form of alliances and joint ventures between international original equipment manufacturers and Chinese partners. Infrastructure improvements in the Asia-Pacific region may drive demand for commercial vehicles in the region. Therefore, the Asia-Pacific region is expected to lead the automotive suspension market with over 49.6% of the global automotive suspension market share.

4 Premium Insights 4.1 Attractive Opportunities in the Air Suspension Market 4.2 Car Suspension Market Scale, According to System 4.3 Car Suspension Market, According to Architecture 4.4 Car Suspension Market, According To Model 4.5 Car Suspension OE Market, According To Components 4.6 Car Suspension Aftermarket, by component 4.7 Electric and hybrid truck and bus suspension market, by model 4.8 Active suspension market, by drive 4.9 Automotive suspension market, by region

5 Market overview 5.1 Introduction 5.2 Market dynamics 5.2.1 Driving factors 5.2.1.1 Increased demand for vehicle comfort and safety 5.2.2 The growth rate of traditional and advanced suspension types, according to the number, 2021-2026 5.2.2.1 Increased adoption Air suspension system 5.2.3 Constraints 5.2.3.1 High cost of air suspension 5.2.3.2 Independent suspension system lacks standardization 5.2.4 Opportunities 5.2.4.1 Electric vehicle sales increase 5.2.4.2 Development of regenerative suspension systems 5.2.5 Challenges.5.2 5.1 High initial and maintenance costs of advanced suspension systems 5.2.5.2 Counterfeit suspension products in the aftermarket 5.2.5.3 Overcoming steering torque 5.3 Automotive suspension market scenario 5.3.1 Most likely scenario 5.3.2 Low impact scenario 5.3.3 High impact Scenario 5.4 Porter's Five Forces Analysis 5.5 Automotive Suspension Market Ecosystem 5.6 Supply Chain Analysis 5.7 Average Selling Price Trend 5.8 Patent Analysis 5.9 Automobile Revenue Transfer ve Suspension Manufacturer 5.10 Case Study Analysis 5.11 Trade Analysis

7 Automotive suspension market, by vehicle type 7.1 Introduction 7.1.1 Research methods 7.1.2 Assumptions 7.1.3 Industry insights 7.2 Passenger vehicles 7.3 Light commercial vehicles (LCV) 7.4 Trucks 7.5 Buses

8 Automotive suspension market, introduced according to system 8.1 8.1.1 Research methods 8.1.2 Assumptions 8.1.3 Industry insights 8.2 Passive 8.3 Semi-active 8.4 Active suspension

9 Automotive Suspension Market, According to Architecture 9.1 Introduction 9.1.1 Research Method 9.1.2 Hypothesis 9.1.3 Industry Insights 9.2 Macpherson Pillar 9.3 Double Wishbone 9.4 Multi-link 9.5 Torsion Beam/Torsion Beam 9.6 Leaf Spring 9.7 Air Suspension

10 Active suspension market, introduced by drive 10.1 10.1.1 Research method 10.1.2 Hypothesis 10.1.3 Industry insight 10.2 Hydraulically driven active suspension 10.3 Electronically driven active suspension

11 Automotive suspension OE market, introduced by component 11.1.1 11.1.1 Research method 11.1.2 Assumption 11.2 Coil spring 11.3 Air spring 11.4 Shock absorber 11.5 Strut 11.6 Control arm 11.7 Rubber bushing 11.8. 11.8. 11.8.9. 11.8.8.9 .10 S Link Spring Rod Stabilizer

12 Automotive suspension after-sales market, introduced by component 12.1.1 12.1.1 Research method 12.1.2 Assumption 12.2 Shock absorber 12.3 Pillar 12.4 Ball joint 12.5 Leaf spring 12.6 Control arm 12.7 Coil spring

13 Electric and hybrid passenger vehicle suspension market, according to the framework 13.1 Introduction 13.1.1 Research methods 13.1.2 Assumptions 13.1.3 Industry insights 13.2 Pure electric vehicles (BEV) 13.3 Plug-in hybrid electric vehicles (PHEV) 13.4 Fuel Battery Electric Vehicle (Fuel Cell Vehicle)

14 Electric and hybrid truck and bus suspension markets, 14.1.1 Research methods 14.1.2 Assumptions 14.2.1 By region 14.2.1 Asia-Pacific 14.2.2 Europe 14.2.3 North America 14.3 By vehicle type 14.3.1 Electric and Hybrid trucks 14.3.2 Electric and hybrid buses

15 Automotive Suspension Market, by Region

16 Competitive landscape 16.1 Overview 16.2 2020 Automotive Suspension Market Share Analysis 16.3 Revenue Analysis of Top Listed/Public Participants 16.4 Corporate Evaluation Quadrant 16.4.1 Stars 16.4.2 Emerging Leaders 16.4.3 Prevalent 16.4.5.16 New Participants 16.4 .55 Competitive New Participant Product Release 16.5.2 Transaction 16.5.3 Expansion, 2017-2020 16.6 Key Player Strategy/Winning Rights, 2017-2020

17 Company Profile 17.1 Main Participants 17.1.1 ZF Friedrichshafen AG 17.1.2 Tenneco Inc. 17.1.3 Continental AG 17.1.4 ThyssenKrupp AG 17.1.5 KYB Corporation 17.1.6 BENTELER Corporation NENTELER 17.17.17.HK.17.17.HK Spring 17.1.10 Sogefi 17.2 Other participants 17.2.1 Hendrickson 17.2.2 Rassini 17.2.3 Infineon Technologies 17.2.4 BWI Group 17.2.5 Hyundai Mobis 17.2.6 Jamna Auto Industries Ltd. 17.2.17. Multimatic Automotive Inc. system

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