Global Automotive Double Wishbone Suspension System Market 2018-2022
About automotive double wishbone suspension system
A double wishbone suspension is a dual-connection arm structure, which links the wheel and the suspension spring. It comprises two arms, one at the bottom and other at the top of the suspension system. The arms are of multiple orientations and sizes. It facilitates stability of vehicles, performance enhancement, and durability of suspension parts.
Technavio’s analysts forecast the global automotive double wishbone suspension system market to grow at a CAGR of 3.12% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive double wishbone suspension system market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of segments based on application into SUVs, MPVs and pickup trucks, high-performance vehicles, and ATVs.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Automotive Double Wishbone Suspension System Market 2018-2022
Technavio recognizes the following companies as the key players in the Global automotive double wishbone suspension system market: Busche Performance Group, Delphi, Magneti Marelli, SHOWA Corporation, ZF Friedrichshafen
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is monocoque and hybrid chassis”
According to the report, one driver that is affecting the market is rising preference for SUVs”
Further, the report states that one challenge that is affecting the market is fluctuation in raw-material prices”
Busche Performance Group
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