HOME Top Market Reports Suspension Market by System (Passive & Semi-Active/Active), Damping (Hydraulic/Pneumatic, Electromagnetic), Architecture (Dependent & Semi-Independent/Independent), Leaf Spring & Air Suspension Markets, Component, Vehicle Type, & by Region-Forecast to 2021

Suspension Market by System (Passive & Semi-Active/Active), Damping (Hydraulic/Pneumatic, Electromagnetic), Architecture (Dependent & Semi-Independent/Independent), Leaf Spring & Air Suspension Markets, Component, Vehicle Type, & by Region-Forecast to 2021

By: marketsandmarkets.com
Publishing Date: June 2016
Report Code: AT 2511

 

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The suspension system market is projected to grow at a CAGR of 5.11%, by value, from 2016 to 2021. The market is estimated to grow from USD 52.38 Billion in 2015 to USD 67.22 Billion by 2021. In this study, 2015 has been considered as the base year, and 2016 to 2021 as the forecast period, for estimating the market size of suspension system market.

The objective of the report is to analyze and forecast the market segments with respect to four regions, market segments based on system type, architecture type, damping type, components and vehicle type. In the report, detailed information regarding drivers, restraints, opportunities, industry specific challenges, burning issues, PEST analysis, value chain analysis and PLC analysis has been provided. The major suspension system players, their developments has been studied in the report.

The research methodology used in the report involves various secondary sources including paid databases and directories. Experts from related industries and suppliers have been interviewed to understand the future trends of the suspension system market. The bottom-up approach has been used to estimate the market size, in which country-wise vehicle production statistics has been taken into account for each vehicle type.

In order to arrive at the market size, in terms of volume for suspension system, model mapping has been done. The mapping for the suspension system has been conducted according to market segments—namely, architecture, damping, system, air suspension, and leaf spring market. The penetration is then multiplied by vehicle production numbers to get the country-level suspension system market volume. This country-wise suspension system market size, in terms of volume, for each vehicle type is then multiplied with the country-wise average OE price of suspension systems. This results in the country-wise market size, in terms of value. The summation of the country-wise markets gives the regional market and further summation of the regional markets provides the automotive suspension system market. Model mapping for air suspension and leaf spring suspension types has been done separately to find the market by region.

The figure below shows the break-up of profile of industry experts who participated in primary discussions.

Automotive Suspension System Market

To know about the assumptions considered for the study, download the pdf brochure

The automotive suspension system ecosystems consists of manufacturers such as Continental AG (Germany), Tenneco (U.S.), and ZF Friedrichshafen AG (Germany), automotive original equipment manufacturers (OEM) such as Toyota Motor Corporation (Japan), Honda Motor Co. Ltd. (Japan) Volkswagen AG (Germany) and Ford Motor Company (U.S.), research institutes such as The Automotive Research Association of India (ARAI), European Automotive Research Partners Association (EARPA), & The United States Council for Automotive Research (USCAR) and regional automobile associations such as China Association of Automobile Manufacturers (CAAM), Japan Automobile Manufacturers Association (JAMA), & European Automobile Manufacturers Association (ACEA), among others.

Target Audience

  • Manufacturers of automotive suspension systems
  • Dealers and distributors of automotive suspension systems
  • Industry associations
  • Investment firms
  • Equity research firms
  • Private equity firms

Study answers several questions for the stakeholders, primarily which market segments to focus in next two to five years (depends on range of forecast period) for prioritizing the efforts and investments

Scope of the Report

By Vehicle Type

  • Passenger car
  • LCV
  • HCV

By System

  • Passive
  • Semi-Active/Active

By Damping

  • Hydraulic/Pneumatic
  • Electromagnetic

By Architecture

  • Dependent
  • Semi-Independent/Independent
    • Macpherson Strut
    • Double Wishbone

By Component

  • Coil Spring
  • Shock Absorber
  • Strut
  • Control Arm
  • Ball Joint

By Region

  • North America
  • Asia-Oceania
  • Europe
  • RoW

Air Suspension Market, By Region

  • North America
  • Asia-Oceania
  • Europe
  • RoW

Leaf Spring Market, By Region

  • North America
  • Asia-Oceania
  • Europe
  • RoW

Available Customizations

MarketsandMarkets offers the following customizations for this market:

Automotive suspension system market, by vehicle type

  • Two-wheelers
  • Off-highway vehicles

Automotive air suspension system market, by component

  • Air Spring
  • Damper
  • Control arm
  • Strut
  • Ball Joint
  • Compressor
  • Controller

Automotive air suspension system market, by system type

  • Passive suspension system
  • Semi-active/active suspension system

Automotive air suspension system market, by technology

  • Electronically controlled air suspension
  • Non-Electronically controlled air suspension

Automotive leaf spring market, by material

  • Steel
  • GFRP (Glass Fiber Reinforced Plastic)

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
    2.4 Factor Analysis
           2.4.1 Introduction
           2.4.2 Demand-Side Analysis
                    2.4.2.1 Impact of Disposable Income on Total Vehicle Sales
                    2.4.2.2 Infrastructure: Roadways
                    2.4.2.3 Increasing Vehicle Production in Developing Countries
           2.4.3 Supply-Side Analysis
           2.4.4 Technological Advancements
    2.5 Market Estimation
           2.5.1 Bottom-Up Approach
           2.5.2 Market Breakdown & Data Triangulation
           2.5.3 Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Introduction
    4.2 Emerging Opportunities in the Automotive Suspension System Market
    4.3 Automotive Suspension System Market Growth, By Country, By Value
    4.4 Automotive Suspension System Market Growth, By System Type (USD Billion )
    4.5 Macpherson Strut and Double Wishbone Suspension, By Architecture, 2016 vs 2021, (USD Billion)
    4.6 Automotive Suspension System Market Growth, By Damping Type (USD Billion)
    4.7 Automotive Suspension System Market Growth, By Components (USD Billion)
    4.8 Automotive Air Suspension System Market Growth, By Region (USD Billion)
    4.9 Automotive Leaf Spring Market Growth, By Region (USD Billion)
    4.10 Life Cycle Analysis
    4.11 Comparison of Automotive Suspension Type Market, By Value (USD Billion ), 2016
    4.12 Who Supplies to Whom

5 Market Overview
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By System Type
           5.2.2 By Region
           5.2.3 By Architecture
           5.2.4 By Damping Type
           5.2.5 By Component
           5.2.6 Air Suspension System Market, By Region
           5.2.7 Automotive Leaf Spring Market, By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Vehicle Production
                    5.3.1.2 Increasing Demand for Luxury & Comfort
           5.3.2 Restraints
                    5.3.2.1 High Development & Adoption Cost of Advanced Suspension Systems
           5.3.3 Opportunities
                    5.3.3.1 Increasing Demand for Lightweight Suspension Systems
                    5.3.3.2 Regenerative Suspension Systems for Electric & Hybrid Vehicles
           5.3.4 Challenges
                    5.3.4.1 Maintaining A Balance Between the Cost & Quality of Advanced Technology
                    5.3.4.2 Overcoming Steer Torque for Better Vehicle Performance & Ride Comfort
    5.4 Burning Issue
           5.4.1 Controlling Fuel Consumption & Carbon Emissions
    5.5 Porter’s Five Forces Analysis
           5.5.1 Competitive Rivalry
           5.5.2 Threat of New Entrants
           5.5.3 Threat of Substitutes
           5.5.4 Bargaining Power of Suppliers
           5.5.5 Bargaining Power of Buyers
    5.6 Value Chain
    5.7 Historical & Future Technology Development
           5.7.1 Historical Developments
           5.7.2 Future Developments (Beyond 2015)
                    5.7.2.1 Energy Recovery Suspension System
                    5.7.2.2 Linear Electromagnetic Motor
                    5.7.2.3 E-Corner Suspension Modules
                    5.7.2.4 Active Curve Tilting
                    5.7.2.5 Magnetic Dampers
                    5.7.2.6 Airmatic
                    5.7.2.7 Acceleration-Sensitive Damping By Tenneco
                    5.7.2.8 Active Body Control

6 Automotive Suspension System Market, By System Type, Vehicle Type and Region
    6.1 Introduction
           6.1.1 Asia-Oceania Suspension System Market, By System and Vehicle Type
                    6.1.1.1 China Suspension System Market, By Vehicle and System Type
                    6.1.1.2 India Suspension System Market, By Vehicle and System Type
                    6.1.1.3 Japan Suspension System Market, By Vehicle and System Type
                    6.1.1.4 South Korea Suspension System Market, By Vehicle and System Type
                    6.1.1.5 Rest of Asia-Oceania Suspension System Market, By Vehicle and System Type
           6.1.2 Europe Suspension System Market, By Vehicle and System Type
                    6.1.2.1 Germany Suspension System Market, By Vehicle and System Type
                    6.1.2.2 France Suspension System Market, By Vehicle and System Type
                    6.1.2.3 U.K. Suspension System Market,By Vehicle and System Type
                    6.1.2.4 Spain Suspension System Market, By Vehicle and System Type
                    6.1.2.5 Rest of Europe Suspension System Market, By Vehicle and System Type
           6.1.3 North America Suspension System Market, By Vehicle and System Type
                    6.1.3.1 U.S. Suspension System Market , By Vehicle and System Type
                    6.1.3.2 Mexico Suspension System Market, By Vehicle and System Type
                    6.1.3.3 Canada Suspension System Market, By Vehicle and System Type
           6.1.4 Rest of the World (RoW) Suspension System Market , By Vehicle and System Type
                    6.1.4.1 Brazil Suspension System Market, By Vehicle and System Type
                    6.1.4.2 Russia Suspension System Market, By Vehicle and System Type
                    6.1.4.3 South Africa Suspension System Market, By Vehicle and System Type
                    6.1.4.4 Rest of RoW Suspension System Market , By Vehicle and System Type

7 Automotive Suspension System Market, By Architecture
    7.1 Introduction
    7.2 Dependent Suspension System Market, By Region
    7.3 Semi-Independent/Independent Suspension System Market, By Region
    7.4 Macpherson Strut Market, By Region
    7.5 Double Wishbone Market, By Region

8 Automotive Suspension System Market, By Damping Type
    8.1 Introduction
    8.2 Hydraulically/Pneumatically Damped Suspension System Market, By Region
    8.3 Electromagnetically Damped Suspension System Market, By Region

9 Automotive Suspension System Market, By Component
    9.1 Introduction
    9.2 Coil Spring Market, By Region
    9.3 Shock Absorber Market, By Region
    9.4 Strut Market, By Region
    9.5 Control Arm Market, By Region
    9.6 Ball Joint Market, By Region

10 Automotive Air Suspension System Market, By Region
     10.1 Introduction
     10.2 Global Air Suspension System Market, By Region
     10.3 Passenger Car Air Suspension System Market, By Region
     10.4 Light Commercial Vehicle Air Suspension System Market, By Region
     10.5 Heavy Commercial Vehicle Air Suspension System Market, By Region

11 Automotive Leaf Spring Suspension Market, By Region
     11.1 Introduction
     11.2 Global Automotive Leaf Spring Market, By Region
     11.3 Light Commercial Vehicle Automotive Leaf Spring Market, By Region

12 Competitive Landscape
     12.1 Competitive Situation & Trends
     12.2 New Product Launch
     12.3 Expansions
     12.4 Mergers & Acquisitions & Other Developments
     12.5 Agreements/Joint Ventures/Supply Contracts/Partnerships

13 Company Profiles
     13.1 Introduction
     13.2 Zf Friedrichshafen AG
             13.2.1 Business Overview
             13.2.2 Products Offered
             13.2.3 Recent Developments
             13.2.4 SWOT Analysis
             13.2.5 MnM View
     13.3 Tenneco Inc.
             13.3.1 Business Overview
             13.3.2 Products Offered
             13.3.3 Recent Developments
             13.3.4 SWOT Analysis
             13.3.5 MnM View
     13.4 KYB Corporation
             13.4.1 Business Overview
             13.4.2 Products Offered
             13.4.3 Recent Developments
             13.4.4 SWOT Analysis
             13.4.5 MnM View
     13.5 Continental AG
             13.5.1 Business Overview
             13.5.2 Products Offered
             13.5.3 Recent Developments
             13.5.4 SWOT Analysis
             13.5.5 MnM View
     13.6 Magneti Marelli S.P.A.
             13.6.1 Business Overview
             13.6.2 Products Offered
             13.6.3 Recent Developments
             13.6.4 SWOT Analysis
             13.6.5 MnM View
     13.7 Thyssenkrupp AG
             13.7.1 Business Overview
             13.7.2 Products & Services Offered
             13.7.3 Recent Developments
     13.8 Benteler International AG
             13.8.1 Business Overview
             13.8.2 Products Offered
             13.8.3 Recent Developments
     13.9 Schaeffler AG
             13.9.1 Business Overview
             13.9.2 Products Offered
             13.9.3 Recent Developments
     13.10 Wabco Holdings Inc.
             13.10.1 Business Overview
             13.10.2 Products Offered
             13.10.3 Recent Developments
     13.11 Mando Corporation
             13.11.1 Business Overview
             13.11.2 Products Offered
             13.11.3 Recent Developments

14 Appendix
     14.1 Insights of Industry Experts
     14.2 Additional Developments, 2011-2015
     14.3 Discussion Guide
     14.4 Available Customizations
             14.4.1 Automotive Suspension Systems Market, By Vehicle Type
                        14.4.1.1 Two-Wheelers
                        14.4.1.2 Off-Highway Vehicles
             14.4.2 Automotive Air Suspension Systems Market, By Components
                        14.4.2.1 Air Spring
                        14.4.2.2 Damper
                        14.4.2.3 Strut
                        14.4.2.4 Control Arm
                        14.4.2.5 Ball Joint
                        14.4.2.6 Compressor
                        14.4.2.7 Controller
             14.4.3 Heavy Commercial Vehicle Air Suspension Systems Market
                        14.4.3.1 Trucks
                        14.4.3.2 Buses
             14.4.4 Heavy Commercial Vehicle Leaf Spring Market
                        14.4.4.1 Trucks
                        14.4.4.2 Buses
             14.4.5 Automotive Air Suspension Systems Market, By Technology
                        14.4.5.1 Electronically Controlled Air Suspension
                        14.4.5.2 Non-Electronically Controlled Air Suspension
             14.4.6 Automotive Leaf Spring Market, By Material
                        14.4.6.1 Steel
                        14.4.6.2 GFRP (Glass Fiber Reinforced Plastic)


List of Tables (99 Tables)

Table 1 Automotive Suspension Systems: By System Type
Table 2 Different Suspension System Architectures Considered for the Study
Table 3 Suspension System Damping Types Considered for the Study
Table 4 Suspension System Components Considered for the Study
Table 5 Luxury Vehicle Sales of Key Manufacturers in China & India, 2013–2015
Table 6 Overview of Emission & Fuel Economy Regulation Specifications for Passenger Cars
Table 7 Porter’s Five Forces Analysis
Table 8 Automotive Suspension System Market Size, By Region, 2014–2021 (‘000 Units)
Table 9 Automotive Suspension System Market Size, By Region, 2014–2021 (USD Million)
Table 10 Automotive Suspension System Market Size, By Vehicle Type, 2014–2021 (‘000 Units)
Table 11 Automotive Suspension System Market Size, By Vehicle Type, 2014–2021 (USD Million)
Table 12 Automotive Suspension System Market Size, By System Type, 2014–2021 (‘000 Units)
Table 13 Automotive Suspension System Market Size, By System Type, 2014–2021 (USD Million)
Table 14 Asia-Oceania: Automotive Suspension System Market Size, By Country, 2014–2021 (‘000 Units)
Table 15 Asia-Oceania: Automotive Suspension System Market Size, By Country, 2014–2021 (USD Million)
Table 16 China: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 17 China: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 18 India: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 19 India: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 20 Japan: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 21 Japan: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 22 South Korea: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 23 South Korea: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 24 Rest of Asia-Oceania: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 25 Rest of Asia-Oceania: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 26 Europe: Automotive Suspension System Market Size, By Country, 2014–2021 (‘000 Units)
Table 27 Europe: Automotive Suspension System Market Size, By Country, 2014–2021 (USD Million)
Table 28 Germany: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 29 Germany: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 30 France: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 31 France: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 32 U.K.: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 33 U.K.: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 34 Spain: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 35 Spain: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 36 Rest of Europe: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 37 Rest of Europe: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 38 North America: Automotive Suspension System Market Size, By Country, 2014–2021 (‘000 Units)
Table 39 North America: Automotive Suspension System Market Size, By Country, 2014–2021 (USD Million)
Table 40 U.S.: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 41 U.S.: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 42 Mexico: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 43 Mexico: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 44 Canada: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 45 Canada: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 46 RoW: Automotive Suspension System Market Size, By Country, 2014–2021 (‘000 Units)
Table 47 RoW: Automotive Suspension System Market Size, By Country, 2014–2021 (USD Million)
Table 48 Brazil: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 49 Brazil: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 50 Russia: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 51 Russia: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 52 South Africa: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 53 South Africa: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 54 Rest of RoW: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (‘000 Units)
Table 55 Rest of RoW: Automotive Suspension System Market Size, By Vehicle & System Type, 2014–2021 (USD Million)
Table 56 Dependent Suspension System Market Size, By Region , 2014-2021 (‘000 Units)
Table 57 Dependent Suspension System Market Size , By Region , 2014-2021 (USD Million)
Table 58 Semi-Independent/Independent Suspension System Market Size , By Region , 2014-2021 (‘000 Units)
Table 59 Semi-Independent/Independent Suspension System Market Size , By Region , 2014-2021 (USD Million)
Table 60 Macpherson Strut Market Size , By Region , 2014-2021 (‘000 Units)
Table 61 Macpherson Strut Market Size , By Region , 2014-2021 (USD Million)
Table 62 Double Wishbone Market Size , By Region , 2014-2021 (‘000 Units)
Table 63 Double Wishbone Market Size , By Region, 2014-2021 (USD Million)
Table 64 Automotive Suspension System Market Size, By Damping , 2014–2021 (‘000 Units)
Table 65 Automotive Suspension System Market Size , By Damping , 2014–2021 (USD Million)
Table 66 Hydraulically/Pneumatically Damped Suspension System Market Size , By Region, 2014–2021 (‘000 Units)
Table 67 Hydraulically/Pneumatically Damped Suspension System Market Size , By Region, 2014–2021 (USD Million)
Table 68 Electromagnetically Damped Suspension System Market Size , By Region , 2014-2021 (‘000 Units)
Table 69 Electromagnetically Damped Suspension System Market Size , By Region , 2014-2021 (USD Million)
Table 70 Automotive Suspension System Market, By Component, 2014–2021, (‘000 Units)
Table 71 Automotive Suspension System Market, By Component, 2014–2021 (USD Million)
Table 72 Coil Spring: Automotive Suspension System Market, By Component, 2014–2021 (‘000 Units)
Table 73 Coil Spring: Automotive Suspension System Market, By Component, 2014–2021 (USD Million)
Table 74 Shock Absorber: Automotive Suspension System Market, By Component, 2014–2021, (‘000 Units)
Table 75 Shock Absorber: Automotive Suspension System Market, By Component, 2014–2021, (USD Million)
Table 76 Strut: Automotive Suspension System Market, By Component, 2014–2021, (‘000 Units)
Table 77 Strut: Automotive Suspension System Market, By Component, 2014–2021, (USD Million)
Table 78 Control Arm: Automotive Suspension System Market, By Component, 2014–2021, (‘000 Units)
Table 79 Control Arm: Automotive Suspension System Market, By Component, 2014–2021, (USD Million)
Table 80 Ball Joint: Automotive Suspension System Market, By Component, 2014–2021, (‘000 Units)
Table 81 Ball Joint: Automotive Suspension System Market, By Component, 2014–2021, (USD Million)
Table 82 Automotive Air Suspension System Market Size, By Region, 2014 -2021, ('000 Units)
Table 83 Automotive Air Suspension System Market Size, By Region, 2014 -2021, (USD Million)
Table 84 Passenger Car: Air Suspension System Market Size, By Region 2014 -2021 ('000 Units)
Table 85 Passenger Car: Air Suspension System Market Size, By Region 2014 -2021 (USD Million)
Table 86 LCV: Air Suspension System Market Size, By Region, 2014 -2021, ('000 Units)
Table 87 LCV: Air Suspension System Market Size, By Region, 2014 -2021, (USD Million)
Table 88 HCV: Air Suspension System Market Size, By Region, 2014 -2021, ('000 Units)
Table 89 HCV: Air Suspension System Market Size, By Region 2014 -2021 (USD Million)
Table 90 Automotive Leaf Spring Market Size, By Region, 2014 –2021, ('000 Units)
Table 91 Automotive Leaf Spring Market Size, By Region, 2014 -2021, (USD Million)
Table 92 LCV: Automotive Leaf Spring Market Size, By Region, 2014 -2021, ('000 Units)
Table 93 LCV: Automotive Leaf Spring Market Size, By Region, 2014 -2021, (USD Million)
Table 94 HCV: Automotive Leaf Spring Market Size, By Region, 2014 -2021, ('000 Units)
Table 95 HCV: Automotive Leaf Spring Market Size, By Region, 2014 -2021, (USD Million)
Table 96 New Product Launches, 2013–2015
Table 97 Expansions, 2013–2015
Table 98 Mergers & Acquisitions & Other Developments, 2010–2015
Table 99 Agreements/Joint Ventures/Supply Contracts/Partnerships, 2014–2016


List of Figures (76 Figures)

Figure 1 Automotive Suspension System Market Segmentation
Figure 2 Automotive Suspension System Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 5 Impact of Disposable Income on Vehicle Sales, 2014
Figure 6 Roadways Infrastructure: Road Network (Km), By Country, 2011
Figure 7 Vehicle Production, 2010–2015
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach
Figure 9 Data Triangulation
Figure 10 Asia-Oceania Holds the Largest Share of the Suspension System Market, By Value, 2016 (USD Billion)
Figure 11 Asia-Oceania is the Largest Market for Suspension Systems, By Damping Type, 2016 vs 2021 (USD Billion)
Figure 12 Passive Suspension System Market in Asia-Oceania to Hold the Largest Share, 2016 (USD Billion)
Figure 13 Semi-Independent/Independent Suspension System in Asia-Oceania to Hold the Largest Market Share By Volume & Value, 2016
Figure 14 Air Suspension System Market in Europe Holds the Highest Market Share, 2016 vs 2021 (USD Billion)
Figure 15 North America Holds the Highest Market Share in the Automotive Leaf Spring Market, 2016 vs 2021 (USD Billion)
Figure 16 Coil Spring Component Holds Highest Market Share in the Automotive Suspension System Market, 2016 – 2021 (USD Billion)
Figure 17 Automotive Suspension System Market: Asia-Oceania Projected to Be the Fastest Growing Market Over the Forecast Period, By Volume
Figure 18 Attractive Market Opportunities in Automotive Suspension System Market
Figure 19 China, Spain & India to Be the Fastest Growing Markets for Automotive Suspension Systems, 2016–2021
Figure 20 Semi-Active/Active Suspension System to Dominate the Market
Figure 21 Macpherson Strut Type of Suspension System is Projected to Grow at the Highest CAGR From 2016 to 2021
Figure 22 Automotive Suspension System Market Size, By Damping Type, 2016 (USD Billion)
Figure 23 Automotive Suspension System Market Size, By Component, 2016 vs 2021 (USD Billion)
Figure 24 Automotive Air Suspension System Market Size, By Component, 2016 vs 2021 (USD Billion)
Figure 25 Automotive Leaf Spring Market Size, By Region, 2016 vs 2021 (USD Billion)
Figure 26 Life Cycle Analysis, By System Type, 2016
Figure 27 Automotive Suspension Types Market Value , 2016 (USD Billion)
Figure 28 Automotive Suspension System: Market Dynamics
Figure 29 Global Vehicle Production, 2013–2021 (Million Units)
Figure 30 Weight Reduction Targets for Systems of Light-Duty Internal Combustion Engine Vehicles (2020–2050)
Figure 31 Global Light-Duty Electric Vehicle Sales, By Drivetrain , 2014–2020
Figure 32 Challenge: Suspension Systems With A Combination of Air Spring System & Damping System
Figure 33 Porter’s Five Forces Analysis: Suspension System Market
Figure 34 Intensity of Competitive Rivalry in the Automotive Suspension System Market is Considered Medium
Figure 35 Large Number of Players Lead to A Medium Degree of Competition in the Automotive Suspension System Market
Figure 36 Presence of Well-Established Players to Have the Highest Impact on New Entrants
Figure 37 Technological Advancements & Switching Cost Make the Threat of Substitutes Medium
Figure 38 Large Customer Base & Product Differentiation Make the Bargaining Power of Suppliers Medium
Figure 39 Buyer’s Bargaining Power is Rated Low as Most Buyers are Unable to Integrate Backwards
Figure 40 Automotive Suspension System Market: Value Chain Analysis
Figure 41 Evolution of Automotive Suspension Systems
Figure 42 Region-Wise Snapshot of the Automotive Suspension System Market, By Volume, (2016): Rapid-Growth Markets are Emerging as New Hotspots
Figure 43 Automotive Suspension System Market: China to Record the Largest Market Size, Globally, 2016
Figure 44 China to Be the Largest Market for Automotive Suspension Systems (2016)
Figure 45 Germany to Be the Largest Market for Automotive Suspension Systems (2016)
Figure 46 U.S. to Be the Fastest-Growing Market for Automotive Suspension Systems (USD Billion)
Figure 47 Brazil to Hold the Largest Share in the RoW Automotive Suspension System Market, 2016
Figure 48 Dependent Suspension System Market, 2016 –2021
Figure 49 Semi-Independent/Independent Suspension System Market Size, 2016 – 2021 (‘000 Units)
Figure 50 Macpherson Strut Market Size, 2016 – 2021, (‘000 Units)
Figure 51 Hydraulically/Pneumatically Damped Suspension System Anticipated to Have the Highest Market Size, 2016 – 2021
Figure 52 Asia-Oceania is the Largest Market for Vehicles Equipped With Hydraulically/Pneumatically Damped Suspension Systems
Figure 53 Asia-Oceania is the Largest Market for Electromagnetically Damped Systems , By Volume ( ’000 Units)
Figure 54 Automotive Suspension System Market, By Component (‘000 Units ), 2016 – 2021
Figure 55 Europe is Anticipated to Have Highest Market Share in the Automotive Air Suspension Market, 2016 – 2021
Figure 56 Asia-Oceania is Anticipated to Have Highest Market Size in the Automotive Leaf Spring Market, 2016 – 2021
Figure 57 Companies Adopted Agreements/Joint Ventures/Supply Contracts/Partnerships as the Key Growth Strategy From 2012 to 2016
Figure 58 Tenneco Inc. Registered the Highest Growth Rate From 2011 to 2014
Figure 59 Market Evaluation Framework: Agreements/Joint Ventures/Supply Contracts/Partnerships Fuelled the Demand for Automotive Suspension Systems From 2012 to 2016
Figure 60 Battle for Market Share: Agreements/Joint Ventures/Supply Contracts/Partnerships Was the Key Strategy
Figure 61 Region-Wise Revenue Mix of Top Four Players
Figure 62 ZF Friedrichshafen AG: Company Snapshot
Figure 63 SWOT Analysis: ZF Friedrichshafen AG
Figure 64 Tenneco Inc.: Company Snapshot
Figure 65 SWOT Analysis: Tenneco Inc.
Figure 66 KYB Corporation: Company Snapshot
Figure 67 SWOT Analysis: KYB Corporation
Figure 68 Continental AG: Company Snapshot
Figure 69 SWOT Analysis: Continental AG
Figure 70 Magneti Marelli S.P.A.: Company Snapshot
Figure 71 SWOT Analysis: Magneti Marelli S.P.A
Figure 72 Thyssenkrupp AG: Company Snapshot
Figure 73 Benteler International AG: Company Snapshot
Figure 74 Schaeffler AG: Company Snapshot
Figure 75 Wabco Holdings Inc.: Company Snapshot
Figure 76 Mando Corporation: Company Snapshot

The suspension system market size is projected to grow at a CAGR of 5.11% during the forecast period, to reach USD 67.22 Billion by 2021. Increasing demand for riding comfort, stability, better cornering, safety, luxury, technological advancements, along with stringent emission regulations and fuel efficiency standards enforced by the different legislative bodies across the globe are driving the suspension system market. The increasing disposable income and improving standard of living of customers have raised the demand for luxury cars, which in turn, drives the demand for advanced suspension systems.

The semi-active/active suspension system market is the highest growing system type in the suspension system market. It is projected to grow at a promising CAGR from 2016 to 2021. Semi-active/active suspension systems achieve better ride comfort with superior vibration control. Unlike passive suspension systems, semi-active/active suspension system have the potential to provide both improved ride quality and handling performance with the help of better braking and cornering.

The suspension system market, by architecture is led by semi-independent/independent architecture type during the forecast period. Semi-independent/independent architecture damps the vibrations more effectively, providing better comfort and road handling. The major types of semi-independent/independent suspensions are MacPherson strut and double wishbone.

Asia-Oceania is estimated to be the largest market for the suspension system market during the forecast period. It is estimated that the Asian automotive market will see strong growth over the next five years with China reaching the size same as that of Japan. The increasing purchasing power and lenient trade policies increase the demand for automobiles in Asia-Oceania. Owing to easy availability of resources, labor and low cost of production, many automotive suppliers are moving their R&D and manufacturing units to Asia-Oceania.

Automotive Suspension System Market

The key factors restraining the growth of the suspension system market include high adoption and overall cost of advanced suspension systems. The advanced suspension systems consists of actuators, sensors, ECUs and other components which leads to increased cost of such systems.

The suspension system market is dominated by major players such as ZF Friedrichshafen AG (Germany), Tenneco Inc. (U.S.), KYB Corporation (Japan), Continental AG (Germany), Magneti Marelli S.p.A (Italy) along with regional suppliers. These companies have been focusing on developing new products and forming partnerships and collaborations with key organizations to expand their presence in the automotive suspension system market. ZF Friedrichshafen AG is currently the market leader and has adopted expansion as the key strategy to gain the traction in the market. For instance.

ZF Friedrichshafen AG has established its extended R&D Center in Plzen, in the Czech Republic. The new location has a workforce of 250 employees who will be engaged in development services for the ZF Group and its divisions.

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