Automotive Suspension Market
Automotive Suspension Market - Global Industry Assessment & Forecast
#
Pages:
198
Base Year:
2023
May - 2024
Format:
Report Code:
VMR-VMR-2021-0581
Segments Covered
By
Suspension Type Hydraulic Suspension, Air Suspension, Leaf Spring Suspension
-
By
System Type Passive System, Semi Active/Active System
-
By
Vehicle Type Two-wheeler, Passenger Cars, Commercial Vehicle
-
By
Component Springs, Shock Absorbers/Dampeners, Control Arms, Ball Joints, Others
-
By
Geometry Dependent, Semi Independent, Independent
-
By
Region North America, Asia Pacific, Europe, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 59.2 Billion |
 Revenue 2032:
|
USD 86 Billion |
 Revenue CAGR
(2024 - 2032): |
4.3% |
Fastest Growing Region (2024 -
2032)
|
Europe |
Largest Region (2023):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Automotive Suspension Market Segment Analysis
- Automotive Suspension Suspension Type Outlook (Revenue, USD Million, 2018 - 2030)
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Automotive Suspension System Type Outlook (Revenue, USD Million, 2018 - 2030)
- Passive System
- Semi Active/Active System
- Automotive Suspension Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Automotive Suspension Component Outlook (Revenue, USD Million, 2018 - 2030)
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Automotive Suspension Geometry Outlook (Revenue, USD Million, 2018 - 2030)
- Dependent
- Semi Independent
- Independent
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
-
North America Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
-
North America Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
-
North America Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
-
North America Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- U.S.
- U.S. Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- U.S. Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- U.S. Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- U.S. Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- U.S. Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- U.S. Automotive Suspension Market, by Suspension Type
- Canada
- Canada Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Canada Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Canada Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Canada Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Canada Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Canada Automotive Suspension Market, by Suspension Type
-
Mexico
- Mexico Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Mexico Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Mexico Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Mexico Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Mexico Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Mexico Automotive Suspension Market, by Suspension Type
-
North America Automotive Suspension Market, by Suspension Type
- Europe
-
Europe Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
-
Europe Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
-
Europe Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
-
Europe Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
-
Europe Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- U. K.
- U.K. Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- U.K. Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- U.K. Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- U.K. Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- U.K. Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- U.K. Automotive Suspension Market, by Suspension Type
- France
- France Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- France Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- France Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- France Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- France Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- France Automotive Suspension Market, by Suspension Type
-
Germany
- Germany Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Germany Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Germany Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Germany Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Germany Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Germany Automotive Suspension Market, by Suspension Type
-
Italy
- Italy Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Italy Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Italy Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Italy Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Italy Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Italy Automotive Suspension Market, by Suspension Type
-
Spain
- Spain Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Spain Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Spain Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Spain Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Spain Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Spain Automotive Suspension Market, by Suspension Type
-
Rest of Europe
- Rest of Europe Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Rest of Europe Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Rest of Europe Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Rest of Europe Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Rest of Europe Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Rest of Europe Automotive Suspension Market, by Suspension Type
-
Europe Automotive Suspension Market, by Suspension Type
- Asia Pacific
-
Asia Pacific Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
-
Asia Pacific Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
-
Asia Pacific Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
-
Asia Pacific Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
-
Asia Pacific Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- China
- China Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- China Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- China Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- China Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- China Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- China Automotive Suspension Market, by Suspension Type
- Japan
- Japan Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Japan Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Japan Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Japan Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Japan Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Japan Automotive Suspension Market, by Suspension Type
-
Germany
- Germany Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Germany Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Germany Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Germany Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Germany Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Germany Automotive Suspension Market, by Suspension Type
-
India
- India Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- India Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- India Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- India Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- India Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- India Automotive Suspension Market, by Suspension Type
-
South Korea
- South Korea Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- South Korea Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- South Korea Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- South Korea Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- South Korea Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- South Korea Automotive Suspension Market, by Suspension Type
-
South East Asia
- South East Asia Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- South East Asia Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- South East Asia Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- South East Asia Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- South East Asia Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- South East Asia Automotive Suspension Market, by Suspension Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Rest of Asia Pacific Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Rest of Asia Pacific Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Rest of Asia Pacific Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Rest of Asia Pacific Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Rest of Asia Pacific Automotive Suspension Market, by Suspension Type
-
Asia Pacific Automotive Suspension Market, by Suspension Type
- Latin America
-
Latin America Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
-
Latin America Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
-
Latin America Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
-
Latin America Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
-
Latin America Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Brazil
- Brazil Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Brazil Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Brazil Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Brazil Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Brazil Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Brazil Automotive Suspension Market, by Suspension Type
- Argentina
- Argentina Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Argentina Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Argentina Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Argentina Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Argentina Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Argentina Automotive Suspension Market, by Suspension Type
-
Rest of Latin America
- Rest of Latin America Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Rest of Latin America Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Rest of Latin America Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Rest of Latin America Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Rest of Latin America Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Rest of Latin America Automotive Suspension Market, by Suspension Type
-
Latin America Automotive Suspension Market, by Suspension Type
- Middle East & Africa
-
Middle East & Africa Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
-
Middle East & Africa Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
-
Middle East & Africa Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
-
Middle East & Africa Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
-
Middle East & Africa Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- GCC Countries
- GCC Countries Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- GCC Countries Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- GCC Countries Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- GCC Countries Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- GCC Countries Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- GCC Countries Automotive Suspension Market, by Suspension Type
- South Africa
- South Africa Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- South Africa Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- South Africa Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- South Africa Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- South Africa Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- South Africa Automotive Suspension Market, by Suspension Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Automotive Suspension Market, by Suspension Type
- Hydraulic Suspension
- Air Suspension
- Leaf Spring Suspension
- Rest of Middle East & Africa Automotive Suspension Market, by System Type
- Passive System
- Semi Active/Active System
- Rest of Middle East & Africa Automotive Suspension Market, by Vehicle Type
- Two-wheeler
- Passenger Cars
- Commercial Vehicle
- Rest of Middle East & Africa Automotive Suspension Market, by Component
- Springs
- Shock Absorbers/Dampeners
- Control Arms
- Ball Joints
- Others
- Rest of Middle East & Africa Automotive Suspension Market, by Geometry
- Dependent
- Semi Independent
- Independent
- Rest of Middle East & Africa Automotive Suspension Market, by Suspension Type
-
Middle East & Africa Automotive Suspension Market, by Suspension Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Automotive Suspension in terms of revenue?
-
The global Automotive Suspension valued at USD 59.2 Billion in 2023 and is expected to reach USD 86 Billion in 2032 growing at a CAGR of 4.3%.
Which are the prominent players in the market?
-
The prominent players in the market are ZF Friedrichshafen AG, Schaeffler Group, Continental AG, Tenneco, ThyssenKrupp AG, BWI Group, BYD Company, Marelli Holdings Co. Ltd., KYB Corporation, HL Mando Corporation, Parker Hannifin, Sogefi SpA, Hitachi Astemo Ltd..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.3% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Automotive Suspension include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Automotive Suspension in 2023.
