Global Automotive Suspension Coil Springs Market Outlook 2019-2023 - Issues & Concerns Related to Breakage of Coil Springs is a Major Restraint - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 9, 2019--The “Global Automotive Suspension Coil Springs Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The automotive suspension coil springs market will register a CAGR of almost 2% by 2023.
Automobiles are becoming intelligent and smarter in terms of functionality and capabilities
This is because modern vehicles are finding greater application of electronics at the systems and components levels during the designing and manufacturing processes. Automotive components and parts made using materials such as steel, aluminum and others are helping improve performance, reliability, and durability of automotive system. The use of advanced forms of steel and aluminum in manufacturing is resulting in more reliable, durable components and parts of improve the overall performance of a vehicle.
Increasing in production of passenger and commercial vehicles
The global automotive industry has been witnessing growing demand for automobiles over the last decade. As coil springs are an integral part of automotive suspension systems, higher production of automobiles is driving the growth of the market.
Issues and concerns related to breakage of coil springs: vehicle recalls
Automotive suspension coil springs absorb energy exerted by the vehicle while moving over uneven surfaces and prevent it from getting transferred to the cabin. Although coil springs in suspension systems are fitted to provide comfort to occupants, any issue related to their functioning can lead to major concerns.
Key PlayersBWI Group Magneti Marelli NHK Spring Tenneco thyssenkrupp ZF Friedrichshafen
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATIONMarket segmentation by application Comparison by application Passenger vehicles - Market size and forecast 2018-2023 Commercial vehicles - Market size and forecast 2018-2023 Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPEGeographic segmentation Geographic comparison APAC - Market size and forecast 2018-2023 EMEA - Market size and forecast 2018-2023 Americas - Market size and forecast 2018-2023 Key leading countries Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSISVendors covered Vendor classification Market positioning of vendors BWI Group Magneti Marelli NHK Spring Tenneco thyssenkrupp ZF Friedrichshafen
For more information about this report visit https://www.researchandmarkets.com/research/cbkdm5/global_automotive?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190109005612/en/
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Related Topics:Suspension Systems and Components
INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE OTHER AUTOMOTIVE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/09/2019 11:07 AM/DISC: 01/09/2019 11:07 AM