Report cover image

Automobile Steering & Suspension Manufacturing in the US - Industry Market Research Report

Publisher IBISWorld
Published Jun 14, 2022
Length 45 Pages
SKU # IBSS17285051

Description

Automobile Steering & Suspension Manufacturing in the US - Industry Market Research Report

Automobile Steering & Suspension Manufacturing in the US

The Automobile Steering and Suspension Manufacturing industry experienced slight growth over the five years to 2019, as automobile production improved in response to increased demand from consumers as disposable income levels rose. Moreover, changing consumer preferences contributed to this slight growth, as automakers diversified their product offerings to meet new consumer demand for fuel economy and safety. The recent period of low gasoline prices has supported new car purchases, particularly of trucks and SUVs. Over the five years to 2024, the industry is anticipated to experience a marginal acceleration in growth. New car sales are projected to increase from previous lows which is projected to boost demand for industry auto parts. Positive macroeconomic trends such as increased consumer spending and low interest rates are expected to persist, helping encourage more car purchases going forward. This should help keep demand from automakers in growth going forward.

Industry operators mainly manufacture and rebuild motor vehicle steering and suspension systems and components. These consist of steering wheels, shock absorbers and struts. Spring manufacturing is not included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
MAJOR COMPANIES

Hyundai Mobis Co. Ltd.

Robert Bosch GmbH

Table of Contents

45 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us