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South Korea Automotive Suspension Market Growth, Size, Trends Analysis– By System, By Suspension Type, By Component, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Publisher Maia Research
Published Oct 07, 2024
Length 108 Pages
SKU # MAIR19265297

Description

South Korea Automotive Suspension Market Growth, Size, Trends Analysis– By System, By Suspension Type, By Component, By Vehicle Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033


South Korea Automotive Suspension Market Introduction and Overview

According to SPER Market Research, ‘South Korea Automotive Suspension Market Size –By System, By Suspension Type, By Component, By Vehicle Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the South Korea Automotive Suspension Market is estimated to reach USD XX billion by 2033 with a CAGR of 3.55%.

Automotive suspension consists of springs, shock absorbers, struts, control arms, and ball joints that connect the vehicle to the wheel, allowing relative motion between the two. The geometry and system for designing suspension are determined by wheel camber, hub castor, vehicle toe, and control arm king pin inclination. Suspensions aid to keep the vehicle’s tires in contact with the road while driving, lowering shocks and preserving the vehicle and its cargo from damage or wear.

The COVID-19 pandemic disrupted supply chains and resulted in shortages of raw materials and components, which had an impact on the market. Businesses’ manufacturing costs went up as a result of operating under safety regulations meant to avert a coronavirus outbreak and the rising cost of supplies. To increase sales, major corporations switched to expanding e-commerce platforms and concentrated on creating suspension systems for electric and hybrid cars.

Scope of the Report:

Report Metric Details
Market size available for years 2020-2033
Base year considered 2023

Forecast period 2024-2033

Segments covered By System, By Suspension Type, By Component, By Vehicle Type.

Regions covered Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region).

Companies Covered Mando Corp, HYUNDAI TRANSYS Inc, Hyundai Mobis Co., Ltd, ZF Friedrichshafen AG, Continental AG, ThyssenKrupp AG, Marelli Holdings Co., Ltd, Benteler International AG.

South Korea Automotive Suspension Market Segmentation:

By System: Based on the System, South Korea Automotive Suspension Market is segmented as; Passive System, Semi-Active/Active System.

By Suspension Type: Based on the Suspension Type, South Korea Automotive Suspension Market is segmented as; Hydraulic Suspension, Air Suspension.

By Component: Based on the Component, South Korea Automotive Suspension Market is segmented as; Spring, Shock Dampener, Air compressor, Struts, Others.

By Vehicle Type: Based on the Vehicle Type, South Korea Automotive Suspension Market is segmented as; Passenger Vehicle, Two-Wheeler, Commercial Vehicle, Others.

Table of Contents

108 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the South Korea Automotive Suspension Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. South Korea Automotive Suspension Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in South Korea Automotive Suspension Market
7. South Korea Automotive Suspension Market, By System (USD Million) 2020-2033
7.1. South Korea Automotive Suspension Market Size, Share and Forecast, By System, 2020-2026
7.2. South Korea Automotive Suspension Market Size, Share and Forecast, By System, 2027-2033
7.3. Passive System
7.4. Semi-Active/Active System
8. South Korea Automotive Suspension Market, By Suspension Type (USD Million) 2020-2033
8.1. South Korea Automotive Suspension Market Size, Share and Forecast, By Suspension Type, 2020-2026
8.2. South Korea Automotive Suspension Market Size, Share and Forecast, By Suspension Type, 2027-2033
8.3. Hydraulic suspension
8.4. Air suspension
9. South Korea Automotive Suspension Market, By Component (USD Million) 2020-2033
9.1. South Korea Automotive Suspension Market Size, Share and Forecast, By Component, 2020-2026
9.2. South Korea Automotive Suspension Market Size, Share and Forecast, By Component, 2027-2033
9.3. Spring
9.4. Shock Dampener
9.5. Air Compressor
9.6. Struts
9.7. Others
10. South Korea Automotive Suspension Market, By Vehicle Type (USD Million) 2020-2033
10.1. South Korea Automotive Suspension Market Size, Share and Forecast, By Vehicle Type, 2020-2026
10.2. South Korea Automotive Suspension Market Size, Share and Forecast, By Vehicle Type, 2027-2033
10.3. Passenger Vehicle
10.4. Two-Wheeler
10.5. Commercial Vehicle
10.6. Others
11. South Korea Automotive Suspension Market Forecast, 2020-2033 (USD Million)
11.1. South Korea Automotive Suspension Market Size and Market Share
12. South Korea Automotive Suspension Market, By Region, 2020-2033 (USD Million)
12.1. South Korea Automotive Suspension Market Size and Market Share By Region (2020-2026)
12.2. South Korea Automotive Suspension Market Size and Market Share By Region (2027-2033)
12.2.1. Seoul Capital Area
12.2.2. Yeongnam (Southeastern Region)
12.2.3. Honam (Southwestern Region)
12.2.4. Hoseo (Central Region)
12.2.5. Others
13. Company Profile
13.1. Mando Corp
13.1.1. Financial outlook
13.1.2. Product summary
13.1.3. Recent developments
13.2. HYUNDAI TRANSYS Inc
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Hyundai Mobis Co., Ltd
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. ZF Friedrichshafen AG
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Continental AG
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. ThyssenKrupp AG
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Marelli Holdings Co., Ltd
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Benteler International AG
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links

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