Automotive Suspension Member Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, Japan, South Korea, Germany - Size and Forecast 2024-2028

Published: Oct 2023 Pages: 172 SKU: IRTNTR45250

Automotive Suspension Member Market 2024-2028 

The automotive suspension member market size is estimated to grow at a CAGR of 6.46% between 2023 and 2028. The market size is forecast to increase by USD 4,148.61 million. The growth of the market depends on several factors such as the rising penetration of high-performance vehicles, increasing focus on improving vehicle handling, and the development of electric vehicles. 

This automotive suspension member market report extensively covers market segmentation by distribution channel (OEM and aftermarket), application (PC, LCV, and M and HCVS), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018-2022.

What will be the size of the Automotive Suspension Member Market During the Forecast Period?

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Automotive Suspension Member Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Automotive Suspension Member Market Driver

Increasing focus on improving vehicle handling is notably driving the market growth. Vehicle comfort, ride handling, and safety are among the major parameters considered by car buyers. The increased focus on improving vehicle stability is driving all major vehicle manufacturers to equip passenger car models with independent suspension systems, which require a specifically built suspension member to handle body roll and reduce the amount of road shock that reaches the vehicle cabin.  The suspension member setup further filters away significant amounts of the road shock from reaching the vehicle cabin.

However, softer suspension and the action of the suspension member improve ride quality by allowing each individual wheel to absorb road shock without affecting the vertical motion of the other front wheel. It ensures the safety of vehicle occupants as very little shock will be transferred to vehicle occupants, leading to less build-up of fatigue. Such factors are expected to drive the growth of the global automotive suspension member market during the forecast period.

Key Automotive Suspension Member Market Trends

The development of lightweight vehicle suspension systems is an emerging trend shaping the market growth. Vehicle makers have been focusing on developing lightweight vehicles that produce less emissions and require less fuel to operate. Vehicle manufacturers have been striving to decrease the curb weight of vehicles by replacing heavier systems and components with lightweight electronic systems and components made of lightweight materials, such as composite plastic. Lightweighting is a major automotive trend that is driving certain technological changes in various automotive systems. 

However, it is mainly used in light-duty vehicles due to its lower weight-bearing capabilities. Also, automotive engines have been undergoing significant amounts of downsizing to reduce weight and offer increased fuel efficiency. Automotive trends regarding changing engine size will positively influence the automotive suspension member market during the forecast period.

Major Automotive Suspension Member Market  Challenge

The sharp decline in automobile production and sales is a significant challenge hindering market growth. All passenger cars and commercial vehicles have a suspension system. Therefore, the overall production and sales of automobiles will have an impact on the global automotive suspension member market. According to the Association of European Businesses (AEB), new automobile sales in Russia decreased 10.6% year over year in March 2023 to 48,414 vehicles. Sales in the first quarter fell by 44.7% as the sector continued to be negatively impacted by Western sanctions against Russia as a result of its military campaign in Ukraine. The sector has been one of those most severely impacted by Western sanctions in 2022. 

Similarly, in July 2023, Honda Cars India Ltd. sold 4,864 units domestically, a decrease of 1,920 vehicles from the same month in 2022. In comparison to the 2,104 units exported in July 2022, Honda Cars exported 1,112 units in July 2023. This compelled automotive OEMs to temporarily stop production. Such factors that adversely affect automotive sales and production are reducing the demand for automotive components and parts in the global automotive market and are hampering the growth of the global automotive suspension member market during the forecast period.

Automotive Suspension Member Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Automotive Suspension Member Market Customer Landscape

Who are the Major Automotive Suspension Member Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Benteler International AG - The company offers automotive suspension members such as front suspension, rear twist beam, and powertrain.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • BWI Group
  • Continental AG
  • Datson Engineering
  • Duroshox Pvt. Ltd.
  • Endurance Technologies Ltd.
  • F and P America
  • Futaba Industrial Co. Ltd.
  • GESTAMP AUTOMOCION SA
  • Hwashin Co. Ltd.
  • Hyundai Motor Group
  • Kalyani Forge Ltd.
  • Magna International Inc.
  • Marelli Holdings Co. Ltd.
  • Multimatic Inc.
  • Press Kogyo Co. Ltd.
  • Tata Sons Pvt. Ltd.
  • thyssenkrupp AG
  • Yorozu Corp.
  • ZF Friedrichshafen AG

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What are the Largest-Growing Segments in the Automotive Suspension Member Market?

The OEM segment is estimated to witness significant growth during the forecast period. The original equipment manufacturer (OEM) segment in the global automotive suspension member market denotes the producers of suspension parts for initial installation in new vehicles. These OEMs provide control arms, stabilizer bars, torsion bars, and other suspension components to automakers across the world. 

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The OEM segment was the largest segment and was valued at USD 6,911.46 million in 2018Automotive manufacturers work with OEMs to integrate these cutting-edge suspension systems into their cars, improving ride quality and vehicle dynamics. With several well-known OEMs operating globally, the global automobile suspension member market is quite competitive. The OEM category is anticipated to develop significantly during the forecast period as a result of the automobile industry's ongoing expansion and advancements in suspension technology. Thus, the OEM distribution channel will increase the demand for the automotive suspension member and will drive the growth of the global automotive suspension member market during the forecast period.

Which are the Key Regions for the Automotive Suspension Member Market?

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APAC is estimated to contribute 58% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The automotive sector in APAC is highly price-sensitive. Manufacturers of automotive components localize production to reduce production costs and offer components at competitive prices to automotive manufacturers. Emerging countries, primarily India and China, account for a major share of automotive sales in APAC. The production of automotive suspension members in APAC largely depends on the type of vehicles preferred by buyers in a particular country. Vehicle buyers in APAC mostly prefer vehicles with high fuel efficiency.

Consequently, vehicle makers offer models with lightweight components that reduce overall curb weight and increase fuel efficiency. Even so, vehicle manufacturers ensure additional productional costs are not incurred so as to impact vehicle prices. Such factors are expected to drive the market growth during the forecast period. 

The outbreak of COVID-19 in 2020 across the region has slowed down the growth of the automotive industry, which has hindered the growth of the market in APAC. However, the initiation of vaccination drives by several governments in 2021 helped in the reduction of COVID-19 cases, which further helped in the manufacturing and supply chain operations. This revived demand for the automotive suspension member, which will drive the growth of the regional automotive suspension member market during the forecast period.

Segment Overview

The automotive suspension member market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Distribution Channel Outlook (USD Million, 2018-2028)
    • OEM
    • Aftermarket
  • Application Outlook (USD Million,2018-2028)
    • PC
    • LCV
    • M and HCVs
  • Region Outlook (USD Million, 2018-2028)
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile 
      • Brazil
      • Argentina
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Automotive Suspension Member Market Scope

Report Coverage

Details

Page number

172

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.46%

Market Growth 2024-2028

USD 4,148.61 million

Market structure

Fragmented

YoY growth 2023-2024(%)

6.05

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 58%

Key countries

US, China, Japan, South Korea, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Benteler International AG, BWI Group, Continental AG, Datson Engineering, Duroshox Pvt. Ltd., Endurance Technologies Ltd., F and P America, Futaba Industrial Co. Ltd., GESTAMP AUTOMOCION SA, Hwashin Co. Ltd., Hyundai Motor Group, Kalyani Forge Ltd., Magna International Inc., Marelli Holdings Co. Ltd., Multimatic Inc., Press Kogyo Co. Ltd., Tata Sons Pvt. Ltd., thyssenkrupp AG, Yorozu Corp., and ZF Friedrichshafen AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Automotive Suspension Member Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market  size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global automotive suspension member market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global automotive suspension member market 2018 - 2022 ($ million)
    • 4.2 Distribution Channel Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ million)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 32: Chart on Comparison by Distribution Channel
      • Exhibit 33: Data Table on Comparison by Distribution Channel
    • 6.3 OEM - Market size and forecast 2023-2028
      • Exhibit 34: Chart on OEM - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on OEM - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on OEM - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on OEM - Year-over-year growth 2023-2028 (%)
    • 6.4 Aftermarket - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Aftermarket - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Aftermarket - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Aftermarket - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Aftermarket - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 42: Market opportunity by Distribution Channel ($ million)
      • Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 44: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 46: Chart on Comparison by Application
      • Exhibit 47: Data Table on Comparison by Application
    • 7.3 PC - Market size and forecast 2023-2028
      • Exhibit 48: Chart on PC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 49: Data Table on PC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 50: Chart on PC - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on PC - Year-over-year growth 2023-2028 (%)
    • 7.4 LCV - Market size and forecast 2023-2028
      • Exhibit 52: Chart on LCV - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on LCV - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on LCV - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on LCV - Year-over-year growth 2023-2028 (%)
    • 7.5 M and HCVs - Market size and forecast 2023-2028
      • Exhibit 56: Chart on M and HCVs - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on M and HCVs - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on M and HCVs - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on M and HCVs - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Application
      • Exhibit 60: Market opportunity by Application ($ million)
      • Exhibit 61: Data Table on Market opportunity by Application ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 South Korea - Market size and forecast 2023-2028
      • Exhibit 103: Chart on South Korea - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on South Korea - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Benteler International AG
              • Exhibit 115: Benteler International AG - Overview
              • Exhibit 116: Benteler International AG - Business segments
              • Exhibit 117: Benteler International AG - Key offerings
              • Exhibit 118: Benteler International AG - Segment focus
            • 12.4 Continental AG
              • Exhibit 119: Continental AG - Overview
              • Exhibit 120: Continental AG - Business segments
              • Exhibit 121: Continental AG - Key offerings
              • Exhibit 122: Continental AG - Segment focus
            • 12.5 F and P America
              • Exhibit 123: F and P America - Overview
              • Exhibit 124: F and P America - Product / Service
              • Exhibit 125: F and P America - Key offerings
            • 12.6 Futaba Industrial Co. Ltd.
              • Exhibit 126: Futaba Industrial Co. Ltd. - Overview
              • Exhibit 127: Futaba Industrial Co. Ltd. - Product / Service
              • Exhibit 128: Futaba Industrial Co. Ltd. - Key offerings
            • 12.7 GESTAMP AUTOMOCION SA
              • Exhibit 129: GESTAMP AUTOMOCION SA - Overview
              • Exhibit 130: GESTAMP AUTOMOCION SA - Business segments
              • Exhibit 131: GESTAMP AUTOMOCION SA - Key offerings
              • Exhibit 132: GESTAMP AUTOMOCION SA - Segment focus
            • 12.8 Hwashin Co. Ltd.
              • Exhibit 133: Hwashin Co. Ltd. - Overview
              • Exhibit 134: Hwashin Co. Ltd. - Product / Service
              • Exhibit 135: Hwashin Co. Ltd. - Key offerings
            • 12.9 Hyundai Motor Group
              • Exhibit 136: Hyundai Motor Group - Overview
              • Exhibit 137: Hyundai Motor Group - Business segments
              • Exhibit 138: Hyundai Motor Group - Key offerings
              • Exhibit 139: Hyundai Motor Group - Segment focus
            • 12.10 Magna International Inc.
              • Exhibit 140: Magna International Inc. - Overview
              • Exhibit 141: Magna International Inc. - Business segments
              • Exhibit 142: Magna International Inc. - Key news
              • Exhibit 143: Magna International Inc. - Key offerings
              • Exhibit 144: Magna International Inc. - Segment focus
            • 12.11 Marelli Holdings Co. Ltd.
              • Exhibit 145: Marelli Holdings Co. Ltd. - Overview
              • Exhibit 146: Marelli Holdings Co. Ltd. - Product / Service
              • Exhibit 147: Marelli Holdings Co. Ltd. - Key news
              • Exhibit 148: Marelli Holdings Co. Ltd. - Key offerings
            • 12.12 Multimatic Inc.
              • Exhibit 149: Multimatic Inc. - Overview
              • Exhibit 150: Multimatic Inc. - Product / Service
              • Exhibit 151: Multimatic Inc. - Key offerings
            • 12.13 Press Kogyo Co. Ltd.
              • Exhibit 152: Press Kogyo Co. Ltd. - Overview
              • Exhibit 153: Press Kogyo Co. Ltd. - Product / Service
              • Exhibit 154: Press Kogyo Co. Ltd. - Key offerings
            • 12.14 Tata Sons Pvt. Ltd.
              • Exhibit 155: Tata Sons Pvt. Ltd. - Overview
              • Exhibit 156: Tata Sons Pvt. Ltd. - Business segments
              • Exhibit 157: Tata Sons Pvt. Ltd. - Key offerings
              • Exhibit 158: Tata Sons Pvt. Ltd. - Segment focus
            • 12.15 thyssenkrupp AG
              • Exhibit 159: thyssenkrupp AG - Overview
              • Exhibit 160: thyssenkrupp AG - Business segments
              • Exhibit 161: thyssenkrupp AG - Key offerings
              • Exhibit 162: thyssenkrupp AG - Segment focus
            • 12.16 Yorozu Corp.
              • Exhibit 163: Yorozu Corp. - Overview
              • Exhibit 164: Yorozu Corp. - Product / Service
              • Exhibit 165: Yorozu Corp. - Key offerings
            • 12.17 ZF Friedrichshafen AG
              • Exhibit 166: ZF Friedrichshafen AG - Overview
              • Exhibit 167: ZF Friedrichshafen AG - Business segments
              • Exhibit 168: ZF Friedrichshafen AG - Key news
              • Exhibit 169: ZF Friedrichshafen AG - Key offerings
              • Exhibit 170: ZF Friedrichshafen AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 171: Inclusions checklist
                • Exhibit 172: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 173: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 174: Research methodology
                • Exhibit 175: Validation techniques employed for market sizing
                • Exhibit 176: Information sources
              • 13.5 List of abbreviations
                • Exhibit 177: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              automotive suspension member market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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