Automotive Suspension Member Market will Showcase Negative Impact During 2020-2024 | Rising Penetration of High-performance Vehicles to Boost Market Growth | Technavio

Technavio has been monitoring the global automotive suspension member market size and it is expected to decline by USD 0.38 billion during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Automotive Suspension Member Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Automotive Suspension Member Market 2020-2024 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Benteler International AG, Continental AG, DURA Automotive Systems, Futaba Industrial Co. Ltd., GESTAMP AUTOMOCION SA, Hyundai Mobis Co. Ltd., Magna International Inc., Multimatic Inc., Yorozu Corp., and ZF Friedrichshafen AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Rising penetration of high-performance vehicles has been instrumental in driving the growth of the market. However, the increased incidence of suspension-related recalls might hamper market growth.

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Automotive Suspension Member Market 2020-2024: Segmentation

Automotive Suspension Member Market is segmented as below:

  • Application
    • Passenger Cars
    • LCVs
    • MCVs
    • HCVs
  • Geographic Landscape
    • APAC
    • Europe
    • North America
    • South America
    • MEA

Automotive Suspension Member Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive suspension member market report covers the following areas:

  • Automotive Suspension Member Market Size
  • Automotive Suspension Member Market Trends
  • Automotive Suspension Member Market Industry Analysis

This study identifies the development of electric vehicles as one of the prime reasons driving the Automotive Suspension Member Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Automotive Suspension Member Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist automotive suspension member market growth during the next five years
  • Estimation of the automotive suspension member market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive suspension member market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive suspension member market, vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Passenger Cars - Market size and forecast 2019-2024
  • LCVs - Market size and forecast 2019-2024
  • MCVs - Market size and forecast 2019-2024
  • HCVs - Market size and forecast 2019-2024
  • Market opportunity by End user

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume driver- Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Benteler International AG
  • Continental AG
  • DURA Automotive Systems
  • Futaba Industrial Co. Ltd.
  • GESTAMP AUTOMOCION SA
  • Hyundai Mobis Co. Ltd.
  • Magna International Inc.
  • Multimatic Inc.
  • Yorozu Corp.
  • ZF Friedrichshafen AG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.