According to a new country report published by Lucintel, the future of the automotive suspension market in the United States looks promising with opportunities in the passenger car, light commercial vehicle and heavy commercial vehicle segments. The automotive suspension market in the United States is primarily driven by increasing vehicle production, increasing need for improved ride quality, and the growing demand for advanced safety and convenience systems. .
This report studies factors affecting the automotive suspension market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, 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.
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.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the automotive suspension market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Automotive Suspension Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the automotive suspension market in the United States 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)
• Passenger Car
>Small Car
>Compact Car
>Mid-Size Car
>Large Car
• Light Commercial Vehicle
>SUVs &Crossovers
>MPVs
>Pickups
• 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)
• Hydraulic Suspension
• Air Suspension
• Leaf Spring Suspension
• Others
Automotive Suspension Market by End User ($ Billion from 2014 to 2025)
• OEM
• Aftermarket
Automotive Suspension Market by Material Type ($ Billion 2014 to 2025)
• Steel
• Composites
• Others
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-automotive-suspension.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com