1h Free Analyst Time
The heavy-duty truck suspension system market is forecasted to grow by USD 1.79 bn during 2023-2028, accelerating at a CAGR of 2.71% during the forecast period. The report on the heavy-duty truck suspension system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing sales of heavy-duty trucks, rising need for smooth freight transportation, and rising demand for lightweight and durable suspension systems.
The heavy-duty truck suspension system market is segmented as below:
By Vehicle Type
- Class 8
- Class 7
By Distribution Channel
- OEM
- Aftermarket
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the heavy-duty truck suspension system market covers the following areas:
- Heavy-duty truck suspension system market sizing
- Heavy-duty truck suspension system market forecast
- Heavy-duty truck suspension system market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Vehicle Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global heavy-duty truck suspension system market: Arnott LLC, Bridgestone Corp., Buga Technic, Continental AG, Cummins Inc., EMCO INDUSTRIES, Hendrickson Holdings LLC, JOST Werke AG, Link Manufacturing Ltd., Mando Aftermarket North America, Marelli Holdings Co. Ltd., Michigan Truck Spring of Saginaw Inc., RoadActive Suspension, SAF HOLLAND SE, Simard Suspensions, Sogefi Spa, Suncore Industries, thyssenkrupp AG, VDL Groep BV, and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is technological advancements in suspension systems in automotive sector.'
According to the report, one of the major drivers for this market is the growing sales of heavy-duty trucks.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arnott LLC
- Bridgestone Corp.
- Buga Technic
- Continental AG
- Cummins Inc.
- EMCO INDUSTRIES
- Hendrickson Holdings LLC
- JOST Werke AG
- Link Manufacturing Ltd.
- Mando Aftermarket North America
- Marelli Holdings Co. Ltd.
- Michigan Truck Spring of Saginaw Inc.
- RoadActive Suspension
- SAF HOLLAND SE
- Simard Suspensions
- Sogefi Spa
- Suncore Industries
- thyssenkrupp AG
- VDL Groep BV
- ZF Friedrichshafen AG
