The global automotive suspension market was valued at USD 59.2 billion in 2021 and projected to reach $ 79.5 billion by 2030, growing at a CAGR of 3.9% during the forecast period, 2022-2030.

The significant factors are the growing demand for vehicle comfort & safety and the rising need to improve vehicle control and offer a smooth ride experience. Additionally, the increasing adoption of air suspension systems in HCVs and changing paradigm of automotive production will spur the global automotive suspension industry in future periods.

Major market player included in this report are:
ZF Friedrichshafen AG
Thyssenkrupp AG
BENTELER
Tenneco Inc
Continental AG
KYB Corporation
Mando Corporation
Magneti Marelli S.p.A.
Showa Corporation
Ohlins USA Inc.
Endurance Technologies
Hendrickson

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By ICE (Internal Combustion Engine) Vehicle Type
Passenger cars
Light commercial vehicles (LCV)
Heavy commercial vehicles (HCV)
By Electric & Hybrid Vehicle
BEV (Battery Electric Vehicle)
HEV (Hybrid Electric Vehicle)
PHEV (Plug-in Hybrid Electric Vehicle)
By Architecture
MacPherson Strut
Double Wishbone
MultiLink
Twist Beam/Torsion Beam
Leaf Spring Suspension
Air Suspension


By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA

Furthermore, years considered for the study are as follows:

Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.

Target Audience of the Global Automotive Suspension Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors