Opportunities for the global automotive composite suspension components market to grow at a CAGR of 4.9% by 2024

Publish Date: 15-05-2019 12:47:15 | Contact name: Lucintel LLC | Location: USA | Place: Lucintel, 8951 Cypress Waters Blvd., Suite 160, Dallas, TX 75019 | 1 times displayed |




According to a new
market report published by Lucintel, the future of the global automotive
composite suspension components market looks attractive with opportunities
in the markets of passenger cars, light commercial vehicles, and medium &
heavy commercial vehicles. The global automotive composite suspension
components market is expected to grow at a CAGR of 4.9% from 2019 to 2024. The
major drivers for this market are growth in automotive production and
increasing demand for lightweight materials to achieve high fuel efficiency and
reduce carbon emissions.





Composites are used for
leaf springs, coil springs, and stabilizer bars. On the basis
of comprehensive research, composite leaf springs will remain the largest
segment and witness the highest growth over the forecast period
because composite leaf springs are lighter weight and offer better durability
compared to steel springs.





Within the automotive
composite suspension components market, the end use industry
of passenger cars and light commercial vehicles will remain the largest and witness
the highest growth over the forecast period due to increasing penetration of
composite leaf springs to reduce vehicle weight.





Europe will remain the
largest region by value and volume over the forecast period due to stringent
government regulations to increase fuel efficiency and lower carbon emissions.
APAC is expected to witness the highest growth over the forecast period
due to increasing penetration of composites leaf springs.





An emerging trend, which
has a direct impact on the dynamics of the industry, includes development of
CFRP leafsprings for heavy commercial vehicles. Liteflex, Sogefi Group, Mubea
Fahrwerkstechnologien, IFA Composite, and Henderickson are among the major
suppliers of the global automotive composites suspension market.





Lucintel, a leading global strategic consulting
and market research firm, has analyzed growth opportunities of
the global automotive composite suspension components market by
component, vehicle, process, and region. Lucintel has prepared a comprehensive
research report entitled “Growth Opportunities in the Global Automotive Composite
Suspension Components Market 2019-2024: Trends, Forecast, and Opportunity
Analysis
.” The Lucintel
report serves as a catalyst for growth strategy as it provides a comprehensive
data and analysis on trends, key drivers, and directions. The study includes a
forecast for the global automotive composite suspension
Components market by components, vehicle, process, and region as follows:



By Component (Volume (Million Pounds) and $M shipment analysis for
2013 – 2024):





  • Leaf Spring


  • Coil Spring


  • Stabilizer Bar





By Vehicle (Volume (Million Pounds) and $M shipment analysis for
2013 – 2024):





  • Passenger car and light commercial vehicle


  • Medium and heavy commercial vehicles


  • Others





By Process (Volume (Million Pounds) and $M shipment analysis for
2013 – 2024):





  • Resin Transfer Molding


  • Prepreg Lay Up


  • Compression Molding





By Region (Volume (Million Pounds) and $M shipment analysis for
2013 – 2024):



· North
America



· Europe



· Asia
Pacific



· The Rest of the World



This 168-page research report will enable you to make confident
business decisions in this globally competitive marketplace. For a detailed
table of contents, contact Lucintel at +1-972-636-5056 or
helpdesk@lucintel.com. Lucintel offerings include advanced materials reports, composite materials market report, strategic growth consulting, market
research due diligence
and business strategy consulting.







About Lucintel



Lucintel, the premier global management consulting and market
research firm, creates winning strategies for growth. We offer market
assessments, competitive analysis, opportunity analysis, growth consulting,
M&A, and due diligence services to executives and key decision-makers in a
variety of industries. For further information, visit www.lucintel.com.





This report answers
following 11 key questions:





Q.1 What are some of the
most promising potential, high-growth opportunities for the
global automotive composite suspension components market by component
(leaf spring, coil spring and stabilizer bar), vehicle (passenger car and light
commercial vehicle, medium and heavy commercial vehicle and others) process
(resin transfer molding, prepreg lay up and compression molding) and region
(North America, Europe, Asia Pacific, and the Rest of the World)?



Q.2 Which segments will
grow at a faster pace and why?



Q.3 Which
regions will grow at a faster pace and why?



Q.4 What are the key
factors affecting market dynamics? What are the drivers and challenges of the
market?



Q.5 What are the
business risks and threats to the market?



Q.6 What are emerging
trends in this market and the reasons behind them?



Q.7 What are some
changing demands of customers in the market?



Q.8 What are the new
developments in the market? Which companies are leading these developments?



Q.9 Who are the major
players in this market? What strategic initiatives are being implemented by key
players for business growth?



Q.10 What are some of
the competitive products and processes in this area and how big of a threat do
they pose for loss of market share via material or product substitution?



Q.11 What M & A
activities have taken place in the last 5 years in this market?





Contact Lucintel LLC: Opportunities for the global automotive composite suspension components market to grow at a CAGR of 4.9% by 2024

*

*

*



Send me an email with links to manage my Ad