According to a new country report published by Lucintel, the future of the automotive composite suspension components market in the United States looks attractive with opportunities in the markets of passenger cars, light commercial vehicles, and medium & heavy commercial vehicles. The automotive composite suspension components market in the United States is primarily driven by growth in automotive production and increasing demand for lightweight materials to achieve high fuel efficiency and reduce carbon emissions.
This report studies factors affecting the automotive composite suspension components market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that 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 in the United States, 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.
Emerging trend, which has a direct impact on the dynamics of the automotive composite suspension components industry, includes development of CFRP leafsprings for heavy commercial vehicles.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the automotive composite suspension components market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Automotive Composite Suspension Components Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the automotive composite suspension components market in the United States by components, vehicle, and process as follows:
Automotive Composite Suspension Components Market by Component (Volume (Million Pounds) and $M shipment analysis for 2014 – 2025):
• Leaf Spring
• Coil Spring
• Stabilizer Bar
Automotive Composite Suspension Components Market by Vehicle (Volume (Million Pounds) and $M shipment analysis for 2014 – 2025):
• Passenger car and light commercial vehicle
• Medium and heavy commercial vehicles
• Others
Automotive Composite Suspension Components Market by Process (Volume (Million Pounds) and $M shipment analysis for 2014 – 2025):
• Resin Transfer Molding
• Prepreg Lay Up
• Compression Molding
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/automotive-composite-suspension-components.aspx or write to us at helpdesk@lucintel.com
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