Automotive Suspension Systems Market By Components (Spring, Shock Dampener, Struts, Control Arms, Ball Joint, Air compressor, Leaf spring), Vehicle Type (Two-wheeler, Passenger Cars, Commercial Vehicle) & Region - Forecast 2022-2032
Global automotive suspension systems demand is anticipated to be valued at US$ 62 Billion in 2022, forecast to grow at a CAGR of 4.36% to be valued at US$ 95 Billion from 2022 to 2032. Increasing urbanization, technical improvements, and purchasing habits are all contributing to the expansion of the automobile sector. Significant efforts are being made to update the present automotive suspension systems in order to improve ride quality and road holding capabilities for the vehicle.
, Vehicle Type (Two-wheeler, Passenger Cars, Commercial Vehicle) & Region - Forecast 2022-2032)