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Research analysis on the global automotive sway bars market identifies that the technological advancements leading to the lower costs of sway bars will be one of the major factors that will have a positive impact on the growth of the market. The developments in the manufacturing and design technologies have resulted in reduced costs of sway bar manufacturing. Low application costs have made sway bars an ideal choice for performance upgrade. Moreover, the option of this upgrade for an OE-fitted bar is also available on many models, which comes as part of a different performance upgrade package. In the US, Ford Focus and Ford Figo are using the technology with different manufacturers developing sway bars for the Ford models. Also, the same trend is observed in countries like Japan, Australia, and Germany that is widely utilized by local suppliers leading to cost reduction. Technavio's market research analysts predict that this market will grow at a CAGR of more than 5% in terms of units by 2021.
The emergence of proactive chassis by McLaren is one of the key trends that will contribute to the market growth in the forthcoming years. The Proactive Chassis system offers an option for manual adjustment of the roll stiffness through an intelligent computer system. This chassis system consists of an adaptive damping unit that is fixed with each individual wheel location. In addition, the system adjusts the roll control setting, adaptive damping, and electronic stability control (ESC) for each selected driving mode.
The global automotive sway bars market consists of prominent vendors with advanced technologies. These vendors of the sway bar kits market offer suspension and chassis related products in which sway bars kits are a part of the system. Most of the vendors are experts in suspension and damping and shock absorbing systems for automotive and allied industries.
The leading vendors in the market are ?
The other prominent vendors in the market are Sikky, Hellwig, Tanabe, NISMO, ADDCO, Megan Racing, TSL Turton, Steeda Autosports, and Whiteline
The physical sway bar systems are increasingly used in automobiles such as hatchback, SUV models and high-performance vehicles. These sway bar systems have been developed for most of the automotive vehicle segments. This segment will account for the maximum market share of the automotive sway bars market during the forecast period.
This market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to the automotive sway bars market throughout the forecast period. The increased automotive innovations, high promotion of motorsport events by governments, and high sales of performance cars, sedans, and SUVs will drive the market growth in the region.
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A sway bar is an automotive component that prevents the car from swaying or leaning towards to one side or the other. The sway bar puts force on the suspension to keep the vehicle stable. Consequently, it helps resist the leaning of the vehicle. This upcoming report on the global automotive sway bars market offers insights into the major trends and forthcoming drivers influencing the growth of the automotive industry. Our industry reports for the automotive industry also follow a scrupulous data collection methodology and offer an analysis of fast growing market segments like automotive components.
By considering the market forecast and size, surging demand for various segments in the automotive components sector, the market research professionals at Technavio present an all-inclusive picture of the automotive sway bars market for the time period of 2017 to 2021. Furthermore, our research practices support clients develop impactful growth strategies and keep pace with the continually changing market dynamics. This market research report also presents an extensive analysis of various products and services based on the insights from the information gathered from specific resources such as channel partners and market stakeholders.
This forthcoming market research report on the automotive sway bars market also covers vendors like ADDCO, ZF Friedrichshafen, SwayTec, Sogefi, Mubea, NHK International Springs, and DFG. According to our market research experts, the development of carbon fiber aluminum anti-roll bar is expected to impact the global market significantly. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this market research report on the automotive sway bars market also covers geographies like the Americas, APAC, and EMEA.
The upcoming industry research report on the automotive sway bars market also categorizes the key drivers, prominent trends, as well as the imminent restraints that the automotive components sector currently experiences. This upcoming report on the automotive sway bars market also presents insights into the rapidly changing competitive landscape to give clients a complete picture of the forthcoming events within the automotive industry. Technavio also provides deep-dive market assessments into the sectors such as auto accessories, automotive electronics, and automotive manufacturing.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product type
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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.
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