Suspension Arm Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025


#10375

Persistence Market Research

$ 4900

Global Suspension Arm Market: Overview

The suspension system functions to reduce and prevent the road shocks and thereby deliver smooth drive experience. Suspension arm also called as wishbone suspension or track control arm are attached to the chassis of the vehicle and the wheels via the ball joint. The suspension arm is important in steering and change of direction while driving as they absorb the forces of road acting on the wheels. The suspension arm, when damaged, can lead to premature wear of the tire, brake pad, and shock absorbers. The damage of all these components can lead to loss of control and reduced traction. The suspension arm is manufactured by tough material such as cast iron, pressed steel or aluminum of high quality. These material used for manufacture of suspension arm is often surface treated, a most common use of cataphoresis electrostatic coating to make them rust resistant. The global suspension arm market is expected to expand at a significantly high rate during the forecast period with robust growth centered mostly in Asia Pacific region.

Global Suspension Arm Market: Drivers and Restraints

The global suspension arm market is driven by the growth of the auto component industries globally. The strict regulations for the fuel economy propel the automaker to upgrade the automotive features which aid in the increase of suspension arm sales. Further, the factors such as anti-corrosive, quick and easy to fit, highly reliable features drive the global suspension arm market. The trend prevailing in the auto component industries is the increasing OEM tie-ups with the component manufacturers globally.

Global Suspension Arm Market:  Segmentation  

On the basis of vehicle type, suspension arm market can be segmented as follows:-

  • Light commercial vehicles
  • Heavy commercial vehicles
  • Passenger Cars

On the basis of suspension system type, the suspension arm market can be segmented as follows:-

  • Dependent suspension
  • Independent suspension
    • Double wishbone
    • Mac pherson strut
    • Trailing arm and semi-trailing arm suspension

On the basis of material type, suspension arm market can be segmented as follows:-

  • Steel
  • Aluminium
  • Iron
  • Alloy

On the basis of distribution channel, suspension arm market can be segmented as follows:-

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

Global Suspension Arm Market:  Region wise Outlook

The global suspension arm market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). The suspension arm market in APEJ region is quite robust owing to the high market potential for growth of auto component industries. Moreover, the availability of labors, low-cost manufacturing in Asian countries such as China, India, South Korea, and Taiwan drives the suspension arm market in the region. Regarding the export rate, Western European countries dominate the auto components parts exporting worldwide. The suspension arm market in Japan and North America are expected to expand at moderate CAGR during the forecast period.

Global Suspension Arm Market:  Key Players

Some of the key players identified in the global suspension arm market includes:

  • MAS Industries
  • Amtek Industries
  • Delphi Automotive PLC
  • Lemdor Control Arm Co., Ltd
  • TRW Automotive Holdings Corp.
  • HIGH LINK AUTOPARTS CO., LTD.
  • TAHIKO Co., Ltd.
  • ROLEC Gehäuse-Systeme GmbH
  • Somic ZF Components Pvt. Ltd.
  • SANKEI Industry Co.,Ltd.
  • THK RHYTHM CO., LTD.
  • Federal-Mogul Motorparts Corporation

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.