The global automotive suspension market size is estimated to reach up to USD 110.51 billion by 2025 mainly driven by increasing adoption of advanced suspension systems in vehicles to offer comfortable and safer riding experience. Similarly, growing disposable income, increasing vehicle demand, and technological advancements in automotive industry are driving the market for automotive suspension market. However, in spite of growing popularity of advanced suspension system, the cost of such ... Read more
Suspension includes many components: shock absorbers, struts, leaf springs, coil springs, stabilizer bars, control arms, ball joints, torsional bars, and many more. All the vehicles must have a suspension system to provide smooth ride and reduce vibration caused by irregularities of road. Over a period, the automotive industry has experienced a significant change in the suspension technology, material, style, design, etc. There are countless styles of suspension components available ... Read more
An exciting new study from the team of Lucintel found thatautomotive suspension market is expected to reach $48.6 billion by 2025 with a CAGR of 1.2%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
