Below are some of the key findings from the automotive performance suspension system market research report:
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Global automotive performance suspension system industry overview
The increasing adoption of air suspension systems is one of the key drivers that will trigger the market’s growth in the forthcoming years. These systems are being deployed in modern vehicles as they reduce vibration and engine noise. Vehicle manufacturers are increasingly replacing conventional systems with air suspension systems to increase the handling comfort of the vehicles. This will lead the automotive performance suspension system market to register a CAGR of close to 8% during the forecast period.
The integration of active steering controls within performance suspension systems is one of the key trends that will gain traction over the forecast period. Vehicle manufacturers are increasingly upgrading their existing vehicular systems with digital systems to increase operational efficiency and safety. In addition, vehicle makers have been integrating multiple electronic features in modern performance suspension systems to complement the handling capabilities of the vehicle. This will drive the adoption of automotive performance suspension systems during the forecast period.
Top automotive performance suspension system companies covered in this market research report
The automotive performance suspension system market is moderately concentrated with companies launching innovative products to strengthen their position in the market. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this automotive performance suspension system industry analysis report will help clients to form effective business strategies and make informed business decisions.
The report offers a complete analysis of various companies including:
- BWI Group
- Continental
- Tenneco
- thyssenkrupp
- ZF Friedrichshafen
Automotive performance suspension system market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, the Americas will account for the highest revenue contribution to the automotive performance suspension system market throughout the forecast period. However, the APAC region will witness the highest market growth owing to the increasing adoption of high-performance vehicles in emerging economies including India, China, and Indonesia.
Automotive performance suspension system market segmentation based on application
- Electric vehicles
- Non-electric vehicles
The non-electric vehicles application segment will account for the highest market share in the forthcoming years. Additionally, the report also provides an accurate prediction of the contribution of all the application segments to the growth of the automotive performance suspension system market size.
Key highlights of the global automotive performance suspension system market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the automotive performance suspension system market during the next five years
- Precise estimation of the global automotive performance suspension system market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive performance suspension system industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of automotive performance suspension system companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Non-electric vehicles - Market size and forecast 2018-2023
- Electric vehicles - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Integration of active steering controls within performance
- suspension systems
- Active suspension system
- Lightweighting of performance suspension system
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- BWI Group
- Continental
- Tenneco
- thyssenkrupp
- ZF Friedrichshafen
PART 14: APPENDIX
- Research methodology
- List of abbreviations
PART 15: EXPLORE TECHNAVIO