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Global Automotive Suspension Coil Springs Market Outlook 2019-2023 - Issues & Concerns Related to Breakage of Coil Springs is a Major Restraint - ResearchAndMarkets.com

January 9, 2019

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 Players

BWI Group Magneti Marelli NHK Spring Tenneco thyssenkrupp ZF Friedrichshafen

Topics Covered

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 APPLICATION

Market 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 LANDSCAPE

Geographic 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 ANALYSIS

Vendors 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

KEYWORD:

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

http://www.businesswire.com/news/home/20190109005612/en

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