North American Class 1-3 Steering and Suspension Components Aftermarket, Forecast to 2025

North American Class 1-3 Steering and Suspension Components Aftermarket, Forecast to 2025

This research service covers Class 1-3 vehicles steering and suspension aftermarket in terms of volume (in million units) and value ($ million) in the United States and Canada. It discusses unit shipment, revenue, average price, distribution channel share, and major participants’ market share in 4 product types, namely, ball joints, sway bar links, tie rod ends, and control arms. The base year for analysis is 2018 and the forecast period is from 2019 to 2025.

The North American steering and suspension aftermarket is expected to show a marginal decline in unit shipment in the coming years. Increase in Vehicles in Operation (VIO), coupled with rising average vehicle age, is the primary factor that drives the unit shipment during the forecast period. Overall, the steering and suspension market is mature and consolidated. Due to the marginal increase in average price per unit, revenues are expected to grow.

Key channel partners in this segment are warehouse distributors and retailers. Original Equipment Suppliers (OES) and warehouse distributors’ shares are expected to decrease, whereas retailers and eRetailers’ shares are expected to increase during the forecast period.

Distribution groups with their increasing bargaining power will restrict the price increase, due to which the overall average price is expected grow marginally during the forecast period. Major participants in the market are Federal Mogul, Mevotech, Dorman, and TRW.

The control arms product segment is the only growth segment and offsets the decline in the overall market, whereas ball joints, sway bar links, and tie rod ends are expected to decline marginally during the forecast period.

As this is a mature market with less scope for significant product differentiation and declining demand, market shares are expected to diversify due to increasing competition during the forecast period. Control arms will be the major segment and will be the deciding factor in this market, as it is expected to contribute more than 55% of the overall market revenue. Improving on factors such as fill rate, product availability, and application coverage and gaining big customer accounts will enable growth, as a major part of the revenue share is expected to be through private label brands in the future.

Key Issues Addressed
What are the market sizes in terms of unit shipment and average manufacturer level revenue?
What are the average manufacturer level prices?
What will be the share of distribution channels?
Which are the major participants and what are their respective market shares?
Which brands are offered by major retailers?


  • Executive Summary
    • Key Findings
    • Executive Summary-Market Engineering Measurements
    • Unit Shipment and Revenue Forecast
  • Research Scope
    • Research Scope
  • Definitions and Segmentation
    • Product Segmentation
    • Product Definitions
    • Market Definitions
    • Vehicle Segmentation
  • Forecasts and Trends-Total Steering and Suspension Components Aftermarket
    • Total Steering and Suspension Components Aftermarket-Unit Shipment and Revenue Forecast
      • Table Total Steering and Suspension Components Aftermarket: Unit Shipment and Revenue Forecast, North America, 2015-2025
    • Percent Unit Shipment Forecast by Product
      • Table Total Steering and Suspension Components Aftermarket: Percent Unit Shipment Forecast by Product, North America, 2015-2025
    • Percent Revenue Forecast by Product
      • Table Total Steering and Suspension Components Aftermarket: Percent Revenue Forecast by Product, North America, 2015-2025
    • Unit Shipment and Revenue Forecast by Vehicle Segment Discussion
    • Overall Pricing Analysis
      • Table Total Steering and Suspension Components Aftermarket: Pricing Forecast, North America, 2015-2025
    • Pricing Analysis Discussion
    • Percent of Revenue by Distribution Channel
      • Table Total Steering and Suspension Components Aftermarket: Percent of Revenue by Distribution Channel, North America, 2018
    • Percent of Revenue by Distribution Channel Discussion
    • Competitive Analysis-Market Share
    • Competitive Analysis-Market Share Discussion
  • Growth Opportunities and Companies to Action
    • Growth Opportunity-Establish Offline-to-online Service Network and Improve OEM Funding Interests
    • Strategic Imperatives for Success and Growth
  • Ball Joints Aftermarket
    • Ball Joints Aftermarket-Unit Shipment and Revenue Forecast
      • Table Ball Joints Aftermarket: Unit Shipment and Revenue Forecast, North America, 2015-2025
    • Pricing Analysis
      • Table Ball Joints Aftermarket: Pricing Forecast, North America, 2015-2025
    • Competitive Analysis-Market Share
    • Competitive Analysis-Market Share Discussion
  • Sway Bar Links Aftermarket
    • Sway Bar Links Aftermarket-Unit Shipment and Revenue Forecast
      • Table Sway Bar Links Aftermarket: Unit Shipment and Revenue Forecast, North America, 2015-2025
    • Pricing Analysis
      • Table Sway Bar Links Aftermarket: Pricing Forecast, North America, 2015-2025
    • Competitive Analysis-Market Share
    • Competitive Analysis-Market Share Discussion
  • Tie Rod Ends Aftermarket
    • Tie Rod Ends Aftermarket-Unit Shipment and Revenue Forecast
      • Table Tie Rod Ends Aftermarket: Unit Shipment and Revenue Forecast, North America, 2015-2025
    • Unit Shipment Forecast by Product Type
      • Table Tie Rod Ends Aftermarket: Unit Shipment Forecast by Product Type, North America, 2015-2025
    • Revenue Forecast by Product Type
      • Table Tie Rod Ends Aftermarket: Revenue Forecast by Product Type, North America, 2015-2025
    • Pricing Analysis
      • Table Tie Rod Ends Aftermarket: Pricing Forecast, North America, 2015-2025
    • Competitive Analysis-Market Share
    • Competitive Analysis-Market Share Discussion
  • Control Arms Aftermarket
    • Control Arms Aftermarket-Unit Shipment and Revenue Forecast
      • Table Control Arms Aftermarket: Unit Shipment and Revenue Forecast, North America, 2015-2025
    • Unit Shipment Forecast by Product Type
      • Table Control Arms Aftermarket: Unit Shipment Forecast by Product Type, North America, 2015-2025
    • Revenue Forecast by Product Type
      • Table Control Arms Aftermarket: Revenue Forecast by Product Type, North America, 2015-2025
    • Pricing Analysis
      • Table Control Arms Aftermarket: Pricing Forecast, North America, 2015-2025
    • Competitive Analysis-Market Share
    • Competitive Analysis-Market Share Discussion
  • Distribution Channel Participant-Supplier Matrix and Supplier Profiling
    • Distribution Channel Participants Market Share
    • Distribution Channel Participant-Supplier Matrix
    • FEDERAL-MOGUL MOTORPARTS LLC.
    • DORMAN PRODUCTS
    • Mevotech LP
    • ZF Friedrichshafen AG.
    • DELPHI TECHNOLOGIES PLC
  • The Last Word
    • The Last Word-3 Big Predictions
  • Appendix
    • Table of Acronyms Used
    • Market Engineering Methodology

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