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Automotive Performance Suspension System-Global Market Insights and Sales Trends 2024
Synopsis
The system is integrated with an on-board compressor that feeds compressed air into the airbags to absorb the impact from road bumps from reaching the vehicle cabin. High-performance vehicles need performance suspension systems that can dynamically adjust themselves to the driving conditions.
The global Automotive Performance Suspension System market size is expected to reach US$ 406.8 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Performance Suspension System in various end use industries. The expanding demands from the Non-electric Vehicles and Electric Vehicles, are propelling Automotive Performance Suspension System market. Air Suspension System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Integrated Suspension System segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Performance Suspension System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Performance Suspension System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Performance Suspension System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Performance Suspension System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Performance Suspension System covered in this report include BWI Group, Continental, Tenneco, Thyssenkrupp and ZF Friedrichshafen, etc.
The global Automotive Performance Suspension System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BWI Group
Continental
Tenneco
Thyssenkrupp
ZF Friedrichshafen
Global Automotive Performance Suspension System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Performance Suspension System market, Segment by Type:
Air Suspension System
Integrated Suspension System
Global Automotive Performance Suspension System market, by Application
Non-electric Vehicles
Electric Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Performance Suspension System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Performance Suspension System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The system is integrated with an on-board compressor that feeds compressed air into the airbags to absorb the impact from road bumps from reaching the vehicle cabin. High-performance vehicles need performance suspension systems that can dynamically adjust themselves to the driving conditions.
The global Automotive Performance Suspension System market size is expected to reach US$ 406.8 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Performance Suspension System in various end use industries. The expanding demands from the Non-electric Vehicles and Electric Vehicles, are propelling Automotive Performance Suspension System market. Air Suspension System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Integrated Suspension System segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Performance Suspension System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Performance Suspension System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Performance Suspension System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Performance Suspension System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Performance Suspension System covered in this report include BWI Group, Continental, Tenneco, Thyssenkrupp and ZF Friedrichshafen, etc.
The global Automotive Performance Suspension System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BWI Group
Continental
Tenneco
Thyssenkrupp
ZF Friedrichshafen
Global Automotive Performance Suspension System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Performance Suspension System market, Segment by Type:
Air Suspension System
Integrated Suspension System
Global Automotive Performance Suspension System market, by Application
Non-electric Vehicles
Electric Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Performance Suspension System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Performance Suspension System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Performance Suspension System Market Overview
1.1 Automotive Performance Suspension System Product Overview
1.2 Automotive Performance Suspension System Market Segment by Type
1.2.1 Air Suspension System
1.2.2 Integrated Suspension System
1.3 Global Automotive Performance Suspension System Market Size by Type
1.3.1 Global Automotive Performance Suspension System Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Performance Suspension System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Performance Suspension System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Performance Suspension System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Performance Suspension System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Performance Suspension System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Performance Suspension System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Performance Suspension System Sales Breakdown by Type (2018-2023)
2 Global Automotive Performance Suspension System Market Competition by Company
2.1 Global Top Players by Automotive Performance Suspension System Sales (2018-2023)
2.2 Global Top Players by Automotive Performance Suspension System Revenue (2018-2023)
2.3 Global Top Players by Automotive Performance Suspension System Price (2018-2023)
2.4 Global Top Manufacturers Automotive Performance Suspension System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Performance Suspension System Market Competitive Situation and Trends
2.5.1 Automotive Performance Suspension System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Performance Suspension System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Performance Suspension System as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Performance Suspension System Market
2.8 Key Manufacturers Automotive Performance Suspension System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Performance Suspension System Status and Outlook by Region
3.1 Global Automotive Performance Suspension System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Performance Suspension System Historic Market Size by Region
3.2.1 Global Automotive Performance Suspension System Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Performance Suspension System Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Performance Suspension System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Performance Suspension System Forecasted Market Size by Region
3.3.1 Global Automotive Performance Suspension System Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Performance Suspension System Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Performance Suspension System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Performance Suspension System by Application
4.1 Automotive Performance Suspension System Market Segment by Application
4.1.1 Non-electric Vehicles
4.1.2 Electric Vehicles
4.2 Global Automotive Performance Suspension System Market Size by Application
4.2.1 Global Automotive Performance Suspension System Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Performance Suspension System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Performance Suspension System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Performance Suspension System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Performance Suspension System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Performance Suspension System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Performance Suspension System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Performance Suspension System Sales Breakdown by Application (2018-2023)
5 North America Automotive Performance Suspension System by Country
5.1 North America Automotive Performance Suspension System Historic Market Size by Country
5.1.1 North America Automotive Performance Suspension System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Performance Suspension System Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Performance Suspension System Sales in Value by Country (2018-2023)
5.2 North America Automotive Performance Suspension System Forecasted Market Size by Country
5.2.1 North America Automotive Performance Suspension System Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Performance Suspension System Sales in Value by Country (2024-2029)
6 Europe Automotive Performance Suspension System by Country
6.1 Europe Automotive Performance Suspension System Historic Market Size by Country
6.1.1 Europe Automotive Performance Suspension System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Performance Suspension System Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Performance Suspension System Sales in Value by Country (2018-2023)
6.2 Europe Automotive Performance Suspension System Forecasted Market Size by Country
6.2.1 Europe Automotive Performance Suspension System Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Performance Suspension System Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Performance Suspension System by Region
7.1 Asia-Pacific Automotive Performance Suspension System Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Performance Suspension System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Performance Suspension System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Performance Suspension System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Performance Suspension System Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Performance Suspension System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Performance Suspension System Sales in Value by Region (2024-2029)
8 Latin America Automotive Performance Suspension System by Country
8.1 Latin America Automotive Performance Suspension System Historic Market Size by Country
8.1.1 Latin America Automotive Performance Suspension System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Performance Suspension System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Performance Suspension System Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Performance Suspension System Forecasted Market Size by Country
8.2.1 Latin America Automotive Performance Suspension System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Performance Suspension System Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Performance Suspension System by Country
9.1 Middle East and Africa Automotive Performance Suspension System Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Performance Suspension System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Performance Suspension System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Performance Suspension System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Performance Suspension System Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Performance Suspension System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Performance Suspension System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BWI Group
10.1.1 BWI Group Company Information
10.1.2 BWI Group Introduction and Business Overview
10.1.3 BWI Group Automotive Performance Suspension System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BWI Group Automotive Performance Suspension System Products Offered
10.1.5 BWI Group Recent Development
10.2 Continental
10.2.1 Continental Company Information
10.2.2 Continental Introduction and Business Overview
10.2.3 Continental Automotive Performance Suspension System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Continental Automotive Performance Suspension System Products Offered
10.2.5 Continental Recent Development
10.3 Tenneco
10.3.1 Tenneco Company Information
10.3.2 Tenneco Introduction and Business Overview
10.3.3 Tenneco Automotive Performance Suspension System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Tenneco Automotive Performance Suspension System Products Offered
10.3.5 Tenneco Recent Development
10.4 Thyssenkrupp
10.4.1 Thyssenkrupp Company Information
10.4.2 Thyssenkrupp Introduction and Business Overview
10.4.3 Thyssenkrupp Automotive Performance Suspension System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Thyssenkrupp Automotive Performance Suspension System Products Offered
10.4.5 Thyssenkrupp Recent Development
10.5 ZF Friedrichshafen
10.5.1 ZF Friedrichshafen Company Information
10.5.2 ZF Friedrichshafen Introduction and Business Overview
10.5.3 ZF Friedrichshafen Automotive Performance Suspension System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ZF Friedrichshafen Automotive Performance Suspension System Products Offered
10.5.5 ZF Friedrichshafen Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Performance Suspension System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Performance Suspension System Industrial Chain Analysis
11.4 Automotive Performance Suspension System Market Dynamics
11.4.1 Automotive Performance Suspension System Industry Trends
11.4.2 Automotive Performance Suspension System Market Drivers
11.4.3 Automotive Performance Suspension System Market Challenges
11.4.4 Automotive Performance Suspension System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Performance Suspension System Distributors
12.3 Automotive Performance Suspension System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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