Aug 28, 2017   SOURCE: BusinessWire

Global Automotive Composite Suspension Components Market: 2017-2022 - Research and Markets

The "Global Automotive Composite Suspension Components Market: 2017-2022" report has been added to Research and Markets' offering.

The global automotive composite suspension components market is still at a nascent stage but possesses significant growth potential over the next five years to reach US$ 83.7 million in 2022.

Organic growth of automobile production, growing preference for composite components in passenger and light commercial vehicles, development of new composite suspension applications, an advancement in the composites technology, and stringent government regulations regarding fuel efficiency and carbon emission reductions are the major growth drivers of the market.

Composite suspension components offer several benefits over steel components, such as lightweight, high durability, better vibration energy absorption, and excellent fatigue resistance.

The supply chain of this market comprises raw material suppliers, composite component manufacturers, OEMs, distributors, and end users. The global automotive composite suspension components market is highly consolidated with the presence of less than a dozen global players.

The key composite component manufacturers for suspension systems are Liteflex LLC, IFC Composite GmbH, Benteler-SGL, and Sogefi Group. New product development, capacity expansion, and process optimization are the key strategies adopted by the major players to gain a competitive edge in the market.

Key Topics Covered:

1. Executive Summary

2. Global Automotive Composite Suspension Components Market - Overview and Market Forces

3. Global Automotive Composite Suspension Components Market Analysis - By Component Type

4. Global Automotive Composite Suspension Components Market Analysis - By Vehicle Type

5. Global Automotive Composite Suspension Components Market Analysis - By Manufacturing Process Type

6. Global Automotive Composite Suspension Components Market Analysis- By Region

7. Competitive Analysis

8. Strategic Growth Opportunities

9. Company Profile of Key Players

  • Benteler-SGL GmbH & Co KG
  • IFC Composite GmbH
  • Hyperco
  • Liteflex LLC
  • Mubea Fahrwerkstechnologien GmbH
  • Sogefi Group

For more information about this report visit https://www.researchandmarkets.com/research/v773gb/global_automotive