Report overview
The motor vehicle steering and suspension components are used for keeping the wheels of the motor vehicle firmly intact with the ground. Motor vehicle steering components consists of group of parts including steering wheel, steering column and shaft, tie rods, steering arms used to transmit the movement of the steering wheel to the wheels enabling the right and left movement of the wheel. The suspension components comprise of tires, the air in the tires, shock absorbers, struts, arms, bars, linkages, bushings, and joints used to connect the vehicle to its wheels to allow relative motion between the two. The suspension components of a motor vehicle provide supports to the vehicle, absorb bumps and other shocks and allow the vehicle to turn in response to steering input from the drive.
This report aims to provide a comprehensive presentation of the global market for Motor Vehicle Steering and Suspension Components, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Motor Vehicle Steering and Suspension Components. This report contains market size and forecasts of Motor Vehicle Steering and Suspension Components in global, including the following market information:
Global Motor Vehicle Steering and Suspension Components Market Revenue, 2018-2023, 2024-2035, ($ millions)
Global Motor Vehicle Steering and Suspension Components Market Sales, 2018-2023, 2024-2035, (K Units)
Global top five Motor Vehicle Steering and Suspension Components companies in 2022 (%)
The global Motor Vehicle Steering and Suspension Components market was valued at US$ million in 2022 and is projected to reach US$ million by 2035, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Steering Components Segment to Reach $ Million by 2035, with a % CAGR in next six years.
The global key manufacturers of Motor Vehicle Steering and Suspension Components include Bosch, Hyundai, Tenneco, Toyota, Hella, Knorr-Bremse, Nexteer Automotive, Thyssenkrupp and ZF Friedrichshafen, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Motor Vehicle Steering and Suspension Components 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 Motor Vehicle Steering and Suspension Components Market, by Type, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Motor Vehicle Steering and Suspension Components Market Segment Percentages, by Type, 2022 (%)
Steering Components
Suspension Components
Global Motor Vehicle Steering and Suspension Components Market, by Application, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Motor Vehicle Steering and Suspension Components Market Segment Percentages, by Application, 2022 (%)
Commercial Vehicle
Passenger Car
Global Motor Vehicle Steering and Suspension Components Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Motor Vehicle Steering and Suspension Components 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 Motor Vehicle Steering and Suspension Components revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Motor Vehicle Steering and Suspension Components revenues share in global market, 2022 (%)
Key companies Motor Vehicle Steering and Suspension Components sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Motor Vehicle Steering and Suspension Components sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
Hyundai
Tenneco
Toyota
Hella
Knorr-Bremse
Nexteer Automotive
Thyssenkrupp
ZF Friedrichshafen
Magna International
Continental Automotive
Asama Coldwater Manufacturing
Global Steering Systems
Maval Industries
American Showa
Atsco Remanufacturing
KYB Americas Corporation
Raytech Powertrain
NSK Americas
Hutchinson Aerospace and Industry
Yamada Manufacturing
Fox Factory
Outline of Major Chapters:
Chapter 1: Introduces the definition of Motor Vehicle Steering and Suspension Components, market overview.
Chapter 2: Global Motor Vehicle Steering and Suspension Components market size in revenue and volume.
Chapter 3: Detailed analysis of Motor Vehicle Steering and Suspension Components manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Motor Vehicle Steering and Suspension Components in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Motor Vehicle Steering and Suspension Components capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
