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The future of the automotive suspension market in India looks promising with opportunities in the passenger car, light commercial vehicle and heavy commercial vehicle segments. The major drivers of growth for this market are increasing vehicle production, increasing need for improved ride quality, and the growing demand for advanced safety and convenience systems.
Emerging trends, which have a direct impact on the dynamics of the automotive suspension industry, include the development of lightweight suspensions, the introduction of electronic suspension technology, and the introduction of energy recovery suspension systems.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this automotive suspension market in India report, download the report brochure.
Automotive Suspension Market in India by Segment:
2014-2025 (US $M ) (Randomized Data)
Trends and Forecasts for Automotive Suspension Market in India:
2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the automotive suspension market in India through 2024, segmented by vehicle type, system type, damping type, end user, and material type as follows:
Automotive Suspension Market by Vehicle Type ($ Billion from 2014 to 2025)
Light Commercial Vehicle
Heavy Commercial Vehicle
Automotive Suspension Market by System ($ Billion from 2014 to 2025)
Passive Suspension System
Active Suspension System
Semi-Active Suspension System
Automotive Suspension Market by Damping Type ($ Billion from 2014 to 2025)
Leaf Spring Suspension
Automotive Suspension Market by End User ($ Billion from 2014 to 2025)
Automotive Suspension Market by Material Type ($ Billion 2014 to 2025)
On the basis of its comprehensive research, Lucintel forecasts that the passenger car segment will show above average growth during the forecast period.
By system, passive suspension system, active suspension system, and semi-active suspension system are the major segments of the automotive suspension market. Passive suspension system is the largest segment but active suspension system is expected to grow faster as it works by constantly sensing changes in the road surface and feeding the information through ECU to the outlying components. Thus these components help in adjusting shock stiffness and spring rates thereby improving ride comfort, which results in increasing safety and comfort of the passengers.
Some of the features of “Opportunities in the Automotive Suspension Market in India Report 2014-2025: Trends, Forecast and Competitive Analysis” include:
Market size estimates: Automotive suspension market size estimation in terms of value ($B) shipment.
Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by vehicle type, system type, damping type, end user, and material type.
Segmentation analysis: Automotive suspension market size by various applications such as vehicle, system, damping, end user, and material in terms of value and volume shipment.
Growth opportunities: Analysis on growth opportunities in different of automotive suspension in the automotive suspension market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 7 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive suspension market by vehicle type (passenger car, light commercial vehicle, and heavy commercial vehicle), by system (passive suspension system, active suspension system, and semi- active suspension system), by damping type (hydraulic suspension, air suspension, leaf spring suspension, and others), end user (OEM and aftermarket), and by material type (steel, composites, and others)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this automotive suspension market?
Q.4. What are the business risks and competitive threats in this automotive suspension market?
Q.5. What are the emerging trends in this automotive suspension market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the automotive suspension market?
Q.7. What are the new developments in the automotive suspension market? Which companies are leading these developments?