Description :
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 camber of the wheel , castor of the hub , toe of the vehicle , and king pin inclination of the control arms . Suspensions keep the tires of vehicle in contact with road . They are used in the vehicle to diminish the shocks associated with the vehicle during driving , thus making the ride more comfortable . They also protect the vehicle and its cargo from any damage or wear , and provide isolation to the vehicle from high-frequency vibrations from tire excitation .
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Technological advancements , rise in production of vehicles , and increase in demand for luxury & comfort drive the market growth . Also , increasing global safety regulations , and rising disposable income of the people are the other factors that propel the market growth . However , continuously strengthening global vehicle standards and high maintenance cost of advanced suspension systems hamper the market growth . Moreover , rise in demand for lightweight suspension system and development of advanced suspension system for two wheelers , are expected to create huge opportunities for the growth of market in the coming years .
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The market is segmented on the basis of system , component , geometry , suspension type , vehicle type , and geography . By type of systems , it is bifurcated into passive system and semi-active / active system . By component type , it is classified into spring , shock dampener , struts , control arm , ball joints , leaf spring , and air compressor . On the basis of type of geometry , it is segmented into dependent , semi-independent , and independent suspension . According to the type of suspension , it is divided into hydraulic , air and leaf spring suspension . By vehicle type , the market is categorized into two wheelers , passenger cars , and commercial vehicles . Geographically , the market is analyzed across North America , Europe , Asia-Pacific , and LAMEA regions . North America comprises U . S ., Canada , and Mexico . Europe includes Germany , France , Italy , UK , and rest of Europe . Asia-Pacific includes China , Japan , South Korea , India , and rest of Asia-Pacific . Latin America , Middle East , and Africa are considered in the LAMEA region .
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The key players operating in the automotive suspension market are KYB Corporation ( Japan ), Hendrickson USA , L . L . C ( U . S .), Gabriel India Limited ( India ), FOX Factory , Inc . ( U . S .),
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