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Report overview
Suspension is the system of tires, tire air, springs, shock absorbers and linkages that connects a vehicle to its wheels and allows relative motion between the two. Suspension systems must support both road holding/handling and ride quality, which are at odds with each other.
This report contains market size and forecasts of Automobile Suspension System in global, including the following market information:
The global Automobile Suspension System market was valued at million in 2022 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Air Suspension System Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Automobile Suspension System include ZF, TENNECO, KYB Corporation, Hitachi Automotive Systems, Mando, Bilstein, KONI, Porsche and Continental, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automobile Suspension System 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.
Total Market by Segment:
Global Automobile Suspension System Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Automobile Suspension System Market Segment Percentages, by Type, 2022 (%)
Global Automobile Suspension System Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Automobile Suspension System Market Segment Percentages, by Application, 2022 (%)
Global Automobile Suspension System Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Automobile Suspension System Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include: