Automotive Suspension Market Overview

 

The Automotive Suspension Market is expected to reach $284 billion by 2022, growing at a CAGR of 4.9% during the forecast period 2016 - 2022. The automotive suspension consists of a system of spring, shock absorbers, struts, control arms, and ball joints that connect the vehicle to the wheel and subsequently enable relative motion between the two. The type of geometry and system used to build suspension depends on the chamber of the wheel, castor of the hub, the toe of the vehicle, and the kingpin inclination of the control arms. Suspensions aid in keeping the vehicle tires in contact with the road during the ride to reduce the shocks during driving and protect the vehicle and its cargo from any damage or wear. In addition, it provides isolation to the vehicle from high-frequency vibrations from tire excitation.