Automotive Suspension Market

Best Price Guarantee	Publisher	Published Date	SKU
from $3,475	Evolve Business Intelligence	April, 2025	EVBI19932202

Best Price Guarantee
Price	from $3,475
Publisher	Evolve Business Intelligence
Published Date	April, 2025
SKU	EVBI19932202

The Automotive Suspension Market is projected to reach USD 59.88 billion by 2033, up from USD 45.87 billion in 2023, with a compound annual growth rate (CAGR) of 2.67% from 2023 to 2033. This market focuses on the design, manufacture, and sale of systems that enhance vehicle dynamics by absorbing shocks and ensuring stability. Key components include springs, shock absorbers, struts, and control arms. Market growth is driven by rising demand for passenger comfort, vehicle safety, and improved handling performance. Technological advancements such as adaptive and semi-active suspensions are also contributing to this growth. The market serves a variety of vehicles, from passenger cars to commercial trucks, and spans both the OEM (original equipment manufacturer) and aftermarket sectors.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By Vehicle Type (Two-wheeler, Passenger Cars, Commercial Vehicle)
By Suspension Type (Hydraulic Suspension, Air Suspension, Leaf Spring)
By Component (Spring, Shock Dampener, Struts, Control Arms, Ball Joint, Leaf Spring, Air Compressor, Component 8)
By System (Passive System, Semi Active/Active System)

Key players

Fox Factory, Inc.
Gabriel India Limited
Hendrickson
KYB Corporation
Mando Corporation
Sogefi
Tenneco INC.
ZF TRW
Wabco
Continental

CHAPTER 1. Executive Summary: CHAPTER 2. Scope of the Study; 2.1. Market Definition; 2.2. Market Scope & Segmentation; 2.2.1. Objective of Report; CHAPTER 3. Evolve BI Methodology; 3.1. Data Collection & Validation Approach; 3.2. Market Size Estimation and Forecast; CHAPTER 4. Exclusive Analysis; 4.1. Market Opportunity Score; 4.1.1. Vehicle Type Segement – Market Opportunity Score; 4.1.2. Suspension Type Segment – Market Opportunity Score; 4.1.3. Component Segment – Market Opportunity Score; 4.1.4. System Segment – Market Opportunity Score; 4.2. Key Market Influencing Indicators; CHAPTER 5. Market Insights and Trends; 5.1. Value Chain Analysis; 5.1.1. Vehicle Type; 5.1.2. Manufacturing Process; 5.1.3. Distribution Channel; 5.1.4. End User; 5.2. Porter’s Five Forces Analysis; 5.2.1. Bargaining Power of Buyers; 5.2.2. Bargaining Power of Suppliers; 5.2.3. Threat of New Entrant; 5.2.4. Threat of Substitute; 5.2.5. Industry Rivalry; 5.3. COVID-19 Impact and Post COVID Scenario on Automotive Suspension Market; 5.3.1. Impact of COVID-19; 5.3.2. Government Support and Industry Revival Policies; 5.3.3. Measures Taken by Companies to Mitigate Negative Impact; 5.3.4. Post COVID Trend; CHAPTER 6. MArket Dynamics; 6.1. Introduction; 6.2. Drivers; 6.2.1. Driver 1; 6.2.2. Driver 2; 6.2.3. Driver 3; 6.3. Restraints; 6.3.1. Restraint 1; 6.3.2. Restraint 2; 6.4. Opportunity; 6.4.1. Opportunity 1; CHAPTER 7. Global Automotive Suspension Market, By Vehicle Type; 7.1. Introduction; 7.1.1. Two-wheeler; 7.1.2. Passenger Cars; 7.1.3. Commercial Vehicle; CHAPTER 8. Global Automotive Suspension Market, By Suspension Type; 8.1. Introduction; 8.1.1. Hydraulic Suspension; 8.1.2. Air Suspension; 8.1.3. Leaf Spring; CHAPTER 9. Global Automotive Suspension Market, By Component; 9.1. Introduction; 9.1.1. Spring; 9.1.2. Shock Dampener; 9.1.3. Struts; 9.1.4. Control Arms; 9.1.5. Ball Joint; 9.1.6. Leaf Spring; 9.1.7. Air Compressor; CHAPTER 10. Global Automotive Suspension Market, By System; 10.1. Introduction; 10.1.1. Passive System; 10.1.2. Semi Active/Active System; CHAPTER 11. Global Automotive Suspension Market, By Region; 11.1. Introduction; 11.2. NORTH AMERICA; 11.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 11.2.2. North America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.2.3. North America: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.2.4. North America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.2.5. North America: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.2.6. US; 11.2.6.1. US: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.2.6.2. US: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.2.6.3. US: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.2.6.4. US: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.2.7. CANADA; 11.2.7.1. Canada: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.2.7.2. Canada: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.2.7.3. Canada: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.2.7.4. Canada: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.2.8. MEXICO; 11.2.8.1. Mexico: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.2.8.2. Mexico: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.2.8.3. Mexico: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.2.8.4. Mexico: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.3. Europe; 11.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 11.3.2. Europe: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.3.3. Europe: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.3.4. Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.3.5. Europe: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.3.6. U.K.; 11.3.6.1. U.K.: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.3.6.2. U.K.: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.3.6.3. U.K.: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.3.6.4. U.K.: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.3.7. GERMANY; 11.3.7.1. Germany: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.3.7.2. Germany: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.3.7.3. Germany: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.3.7.4. Germany: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.3.8. FRANCE; 11.3.8.1. France: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.3.8.2. France: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.3.8.3. France: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.3.8.4. France: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.3.9. ITALY; 11.3.9.1. Italy: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.3.9.2. Italy: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.3.9.3. Italy: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.3.9.4. Italy: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.3.10. SPAIN; 11.3.10.1. Spain: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.3.10.2. Spain: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.3.10.3. Spain: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.3.10.4. Spain: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.3.11. BENELUX; 11.3.11.1. BeNeLux: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.3.11.2. BeNeLux: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.3.11.3. BeNeLux: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.3.11.4. BeNeLux: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.3.12. RUSSIA; 11.3.12.1. Russia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.3.12.2. Russia: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.3.12.3. Russia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.3.12.4. Russia: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.3.13. REST OF EUROPE; 11.3.13.1. Rest of Europe: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.3.13.2. Rest of Europe: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.3.13.3. Rest of Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.3.13.4. Rest of Europe: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.4. Asia Pacific; 11.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 11.4.2. Asia Pacific: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.4.3. Asia Pacific: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.4.4. Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.4.5. Asia Pacific: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.4.6. CHINA; 11.4.6.1. China: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.4.6.2. China: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.4.6.3. China: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.4.6.4. China: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.4.7. JAPAN; 11.4.7.1. Japan: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.4.7.2. Japan: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.4.7.3. Japan: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.4.7.4. Japan: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.4.8. INDIA; 11.4.8.1. India: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.4.8.2. India: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.4.8.3. India: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.4.8.4. India: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.4.9. SOUTH KOREA; 11.4.9.1. South Korea: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.4.9.2. South Korea: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.4.9.3. South Korea: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.4.9.4. South Korea: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.4.10. THAILAND; 11.4.10.1. Thailand: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.4.10.2. Thailand: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.4.10.3. Thailand: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.4.10.4. Thailand: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.4.11. INDONESIA; 11.4.11.1. Indonesia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.4.11.2. Indonesia: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.4.11.3. Indonesia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.4.11.4. Indonesia: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.4.12. MALAYSIA; 11.4.12.1. Malaysia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.4.12.2. Malaysia: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.4.12.3. Malaysia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.4.12.4. Malaysia: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.4.13. AUSTRALIA; 11.4.13.1. Australia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.4.13.2. Australia: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.4.13.3. Australia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.4.13.4. Australia: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.4.14. REST FO ASIA PACIFIC; 11.4.14.1. Rest fo Asia Pacific: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.4.14.2. Rest fo Asia Pacific: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.4.14.3. Rest fo Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.4.14.4. Rest fo Asia Pacific: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.5. South America; 11.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 11.5.2. South America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.5.3. South America: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.5.4. South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.5.5. South America: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.5.6. BRAZIL; 11.5.6.1. Brazil: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.5.6.2. Brazil: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.5.6.3. Brazil: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.5.6.4. Brazil: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.5.7. ARGENTINA; 11.5.7.1. Argentina: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.5.7.2. Argentina: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.5.7.3. Argentina: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.5.7.4. Argentina: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.5.8. REST OF SOUTH AMERICA; 11.5.8.1. Rest of South America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.5.8.2. Rest of South America: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.5.8.3. Rest of South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.5.8.4. Rest of South America: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.6. Middle East & Africa; 11.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million); 11.6.2. Middle East & Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.6.3. Middle East & Africa: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.6.4. Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.6.5. Middle East & Africa: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.6.6. SAUDI ARABIA; 11.6.6.1. Saudi Arabia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.6.6.2. Saudi Arabia: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.6.6.3. Saudi Arabia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.6.6.4. Saudi Arabia: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.6.7. UAE; 11.6.7.1. UAE: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.6.7.2. UAE: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.6.7.3. UAE: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.6.7.4. UAE: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.6.8. EGYPT; 11.6.8.1. Egypt: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.6.8.2. Egypt: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.6.8.3. Egypt: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.6.8.4. Egypt: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.6.9. SOUTH AFRICA; 11.6.9.1. South Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.6.9.2. South Africa: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.6.9.3. South Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.6.9.4. South Africa: Market Size and Forecast, By System, 2023 – 2033 ($ Million); 11.6.10. REST OF MIDDLE EAST & AFRICA; 11.6.10.1. Rest of Middle East & Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million); 11.6.10.2. Rest of Middle East & Africa: Market Size and Forecast, By Suspension Type, 2023 – 2033 ($ Million); 11.6.10.3. Rest of Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million); 11.6.10.4. Rest of Middle East & Africa: Market Size and Forecast, By System, 2023 – 2033 ($ Million); CHAPTER 12. Competitive Landscape; 12.1. Competitior Benchmarking 2023; 12.2. Market Share Analysis; 12.3. Key Developments Analysis By Top 5 Companies; 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players; CHAPTER 13. Company Profiles; 13.1. Fox Factory, Inc.; 13.1.1. Business Overview; 13.1.2. Financial Analysis; 13.1.2.1. Business Segment Revenue, 2018, 2019, 2020, $ Million; 13.1.2.2. Geographic Revenue Mix, 2020 (% Share); 13.1.3. Product Portfolio; 13.1.4. Recent Development and Strategies Adopted; 13.1.5. SWOT Analysis; 13.2. Gabriel India Limited; 13.3. Hendrickson; 13.4. KYB Corporation; 13.5. Mando Corporation; 13.6. Sogefi; 13.7. Tenneco INC.; 13.8. ZF TRW; 13.9. Wabco; 13.10. Continental