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The global automotive suspension systems market size will grow from $60.2 billion in 2022 to $63.8 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%.
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Automotive Suspension Systems Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032 © The Business Research Company. All Rights Reserved.
Automotive Suspension Systems Market Segments The Business Research Company segments it’s Automotive Suspension Systems market report as: Passive Suspensions Systems, Semi-Active Suspensions Systems, Active Suspensions Systems By Type Coil Spring, Leaf Spring, Air Spring, Shock Absorbers, Other Components By Component Passenger Vehicles, Commercial Vehicles By Application By Industry © The Business Research Company. All Rights Reserved.
Automotive Suspension Systems Market Statistics The global automotive suspension systems market size will grow from $60.2 billion in 2022 to $63.8 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The size of automotive suspension systems market is expected to grow to $80.18 billion in 2027 at a CAGR of 5.9%. Global Automotive Suspension Systems Market Size Forecast To 2032 80.18 63.8 60.2 2022 2023 2027 Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
Key Market Drivers And Trends Drivers The increasing demand for motor vehicles is expected to drive the automotive suspension systems market during the forecast period. Trends The new technological developments are a key trend gaining popularity in the automotive suspension systems market. Region Asia-Pacific was the largest region in the automotive suspension systems market in 2022. The regions covered in the automotive suspension systems report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. © The Business Research Company. All Rights Reserved.
Key Market Players Major players in the Automotive Suspension Systems market are: ▪ Continental AG. ▪ ZF Friedrichshafen ▪ Tenneco ▪ Magneti Marelli S.p.A ▪ ThyssenKrupp Automotive Systems ▪ And more. Get More Information On The Automotive Suspension Systems Market Report © The Business Research Company. All Rights Reserved.
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