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Automobile Suspension System Market, Global Outlook and Forecast 2023-2030

Automobile Suspension System Market, Global Outlook and Forecast 2023-2030

  • Published on : 06 January 2023
  • Pages :124
  • Report Code:SMR-7531302

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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:

  • Global Automobile Suspension System Market Revenue, 2018-2023, 2023-2030, ($ millions)
  • Global Automobile Suspension System Market Sales, 2018-2023, 2023-2030, (K Units)
  • Global top five Automobile Suspension System companies in 2022 (%)

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 (%)

  • Air Suspension System
  • Hydraulic Suspension System
  • Electromagnetic Suspension System
  • Electro-hydraulic Suspension System

Global Automobile Suspension System Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Automobile Suspension System Market Segment Percentages, by Application, 2022 (%)

  • Passenger Cars
  • Commercial Vehicles

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 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies Automobile Suspension System revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Automobile Suspension System revenues share in global market, 2022 (%)
  • Key companies Automobile Suspension System sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Automobile Suspension System sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • ZF
  • TENNECO
  • KYB Corporation
  • Hitachi Automotive Systems
  • Mando
  • Bilstein
  • KONI
  • Porsche
  • Continental
  • Wabco
  • Mercedes-Benz
  • BWI Group
  • SAF-Holland
  • ADD Industry
  • Gabriel
  • ALKO
  • KW
  • Ohlins
  • Tein inc
  • Eibach
  • D2 Racingsport
  • H&R
  • AST suspension
  • Hendrickson
  • Meritor
  • VDL Weweler
  • Komman
  • Wheels India
  • Freudenberg Group
  • Zhongding Group
  • Shanghai Baolong Automotive Corporation
  • KH Automotive Technologies
  • Tianrun Industry Technology
  • Shanghai Komman Vehicle Component Systems
  • Shandong Meichen Industry Group
  • Zhejiang Xichuan shock absorber