Automotive Suspension Systems Market Forecast and Segments, 2015-2025

Emphasis on better ride control performance, smooth and safe ride with no vibrations for the driver are key reasons which have changed the overall scenario for automotive suspension systems market. Automotive suspension systems is very much essential for comfort driving and safety as the suspension carries the vehicle body and transmits all the forces between the body and the road. The automotive suspension system consists of wishbones, spring and the shock absorber to transmit and filter all the forces between the body and the road. It provides good ride and handling performance and also ensures that the vehicle responds favourably to control forces produced by the tyres during braking and acceleration forces. Introduction of suspension systems that have enable almost zero vibration in vehicles along with the most optimal quality ride and control are fuelling the overall demand for automotive suspensions systems market. Automotive suspension systems also helps in preventing excess wear and tear of vehicle and its components.

Automotive Suspension Systems Market: Drivers & Restraints

Increasing number of technological advancements and demand for good suspension systems globally are fuelling the demand for cheap, light in weight and economical automotive suspension systems. Manufacturers are required to invest largely in creation of advanced exhaust systems to meet strict government norms. Strict emission norms and fuel efficiency standards imposed by government in different regions have forced manufacturers to look for different solutions to achieve the same. Although the overall automotive suspension market is growing significantly, challenges such as lack of standardization and high prices of independent suspension systems is hindering the growth for automotive suspensions systems market. However during the forecast period, the companies are expected to drop the prices of automotive suspension systems.

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