Global Suspension Market is projected to reach USD 67.28 Billion by 2023, in value terms, growing at a CAGR of over 5% during 2028-2023. The major factors contributing in the growth of the market are rising demand for lightweight suspension system and development of advanced suspension system for two wheelers. Based on vehicle type, the passenger car segment dominated the market in terms of volume in 2017, since the segment holds the major share in overall vehicle sales & production and is expected to maintain its dominance over the next five years as well. The major players in the Global Suspension market are Continental AG, ZF Friedrichshafen AG and Tenneco.

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018–2023

Objective of the Study:

  • To analyse and forecast the market size of Suspension Market, in terms of value and volume
  • To classify and forecast Global Suspension Market based on vehicle type, suspension type, system, component and regional distribution.
  • To identify drivers and challenges for Global Suspension Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Suspension Market.
  • To conduct the pricing analysis for Suspension Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Suspension Market.


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Some of the leading players in the Global Suspension Market are Continental AG, KYB Corporation, Zf Friedrichshafen AG, Tenneco Inc., Magneti Marelli S.P.A., Schaeffler AG, Wabco Holdings Inc, Mando Corporation, Benteler International AG etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.

TechSci Research calculated the market size of Global Suspension Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.


Key Target Audience:

  • Manufacturers of automotive suspension systems
  • Automotive OEM’s
  • Traders, Distributors, and Suppliers
  • Industry associations and experts
  • Research organizations and consulting companies.
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Suspension Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Vehicle Type:
    • Two-Wheeler
    • Passenger Car
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle
  • Market, By Suspension Type:
    • Hydraulic Suspension
    • Air Suspension
    • Leaf Spring
  • Market, By System:
    • Passive
    • Active
  • Market, By Component:
    • Coil Spring
    • Control Arm
    • Ball Joint
    • Shock Absorber
    • Strut
  • Market, by Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Suspension Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

4.1.  Product Awareness

4.2.  Brand Awareness

4.3.  Brand Recall

4.4.  Product Pricing

4.5.  Challenges & Unmet Needs

5.    Global Suspension Market Overview 

6.    Global Suspension Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type (Two-wheeler, Passenger Cars, Light Commercial Vehicle and Heavy Commercial Vehicles)

6.2.2.     By Suspension Type (Hydraulic Suspension, Air Suspension, Leaf Spring)

6.2.3.     By System (Passive and Active)

6.2.4.     By Component (Coil Spring, Control Arm, Ball Joint, Shock Absorber and Strut)

6.2.5.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific Suspension Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type

7.2.2.     By Suspension

7.2.3.     By Component

7.2.4.     By Country

7.3.  Market Attractiveness Index

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Suspension Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value & Volume

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Vehicle Type

7.4.1.2.2.             By Component

7.4.1.3.         Market Attractiveness Index

7.4.2.     India Suspension Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value & Volume

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Vehicle Type

7.4.2.2.2.             By Component

7.4.2.3.         Market Attractiveness Index

7.4.3.     Japan Suspension Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value & Volume

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Vehicle Type

7.4.3.2.2.             By Component

7.4.3.3.         Market Attractiveness Index

7.4.4.     South Korea Suspension Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value & Volume

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Vehicle Type

7.4.4.2.2.             By Component

7.4.4.3.         Market Attractiveness Index

7.4.5.     Australia Suspension Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value & Volume

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Vehicle Type

7.4.5.2.2.             By Component

7.4.5.3.         Market Attractiveness Index

7.4.6.     Singapore Suspension Market Outlook

7.4.6.1.         Market Size & Forecast

7.4.6.1.1.             By Value & Volume

7.4.6.2.         Market Share & Forecast

7.4.6.2.1.             By Vehicle Type

7.4.6.2.2.             By Component

7.4.6.3.         Market Attractiveness Index

7.4.7.     Malaysia Suspension Market Outlook

7.4.7.1.         Market Size & Forecast

7.4.7.1.1.             By Value & Volume

7.4.7.2.         Market Share & Forecast

7.4.7.2.1.             By Vehicle Type

7.4.7.2.2.             By Component

7.4.7.3.         Market Attractiveness Index

8.    Europe & CIS Suspension Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type

8.2.2.     By Suspension

8.2.3.     By Component

8.2.4.     By Country

8.3.  Market Attractiveness Index

8.4.  Europe: Country Analysis

8.4.1.     France Suspension Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Vehicle Type

8.4.1.2.2.             By Component

8.4.1.3.         Market Attractiveness Index

8.4.2.     Germany Suspension Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Vehicle Type

8.4.2.2.2.             By Component

8.4.2.3.         Market Attractiveness Index

8.4.3.     United Kingdom Suspension Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Vehicle Type

8.4.3.2.2.             By Component

8.4.3.3.         Market Attractiveness Index

8.4.4.     Italy Suspension Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value & Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Vehicle Type

8.4.4.2.2.             By Component

8.4.4.3.         Market Attractiveness Index

8.4.5.     Spain Suspension Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Vehicle Type

8.4.5.2.2.             By Component

8.4.5.3.         Market Attractiveness Index

9.    North America Suspension Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Suspension

9.2.3.     By Component

9.2.4.     By Country

9.3.  Market Attractiveness Index

9.4.  North America: Country Analysis

9.4.1.     United States Suspension Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Vehicle Type

9.4.1.2.2.             By Component

9.4.1.3.         Market Attractiveness Index

9.4.2.     Mexico Suspension Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Vehicle Type

9.4.2.2.2.             By Component

9.4.2.3.         Market Attractiveness Index

9.4.3.     Canada Suspension Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Vehicle Type

9.4.3.2.2.             By Component

9.4.3.3.         Market Attractiveness Index

10.  South America Suspension Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Suspension

10.2.3.  By Component

10.2.4.  By Country

10.3.              Market Attractiveness Index

10.3.1.  Brazil Suspension Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Vehicle Type

10.3.1.2.2.           By Component

10.3.1.3.      Market Attractiveness Index

10.3.2.  Argentina Suspension Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Vehicle Type

10.3.2.2.2.           By Component

10.3.2.3.      Market Attractiveness Index

10.3.3.  Colombia Suspension Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Vehicle Type

10.3.3.2.2.           By Component

10.3.3.3.      Market Attractiveness Index

11.  Middle East and Africa Suspension Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Vehicle Type

11.2.2.  By Suspension

11.2.3.  By Component

11.2.4.  By Country

11.3.              Market Attractiveness Index

11.4.              MEA: Country Analysis

11.4.1.  South Africa Suspension Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value & Volume

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Vehicle Type

11.4.1.2.2.           By Component

11.4.1.3.      Market Attractiveness Index

11.4.2.  Saudi Arabia Suspension Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value & Volume

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Vehicle Type

11.4.2.2.2.           By Component

11.4.2.3.      Market Attractiveness Index

11.4.3.  UAE Suspension Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value & Volume

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Vehicle Type

11.4.3.2.2.           By Component

11.4.3.3.      Market Attractiveness Index

11.4.4.  Qatar Suspension Market Outlook

11.4.4.1.      Market Size & Forecast

11.4.4.1.1.           By Value & Volume

11.4.4.2.      Market Share & Forecast

11.4.4.2.1.           By Vehicle Type

11.4.4.2.2.           By Component

11.4.4.3.      Market Attractiveness Index

12.  Supply Chain Analysis

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Market Trends & Developments

15.  Policy & Regulatory Landscape

16.  Competitive Landscape

16.1.              Competition Outlook

16.2.              Company Profiles (Top 10 Companies)

17. Strategic Recommendation

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