Automotive Suspension Strut Mounts are a critical component in a vehicle’s suspension system and serve as the mounting point for strut assemblies for attaining efficient connection with the chassis
Albany, NY -- (SBWIRE) -- 02/14/2018 -- Automotive Suspension Strut Mounts are a critical component in a vehicle's suspension system and serve as the mounting point for strut assemblies for attaining efficient connection with the chassis. The independent four-wheeler suspension comprises four strut mounts -- two in the front of the vehicle and two in the rear. Automotive Suspension Strut Mounts maintain vehicle balance and reduce clanking sound generated due to the movement of the vehicle. These mounts also help in improving steering response as well as maintaining shorter stopping distances.
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Automotive Suspension Strut Mounts allow automotive manufacturers to achieve better handling capability and ride comfort by maintaining the alignment of the tires perpendicular to the road surface, ultimately playing a key role in providing better movement control. Air suspension systems were earlier installed in luxury and commercial vehicles, such as buses, a trend applicable across the globe. However, with drive comfort becoming a major concern among vehicle buyers, the demand for Automotive Suspension Strut Mounts is expected to get boosted across all parts of the globe.
The demand for light weight automotive suspensions and positive automotive industry outlook across major countries of the world will be two of the major driving forces in the market during the forecast period. In addition, economic reforms coupled with rising disposable income in the Asia Pacific excluding Japan and rising investments by automotive suspension system manufacturers indicate notable revenue generation opportunities in the coming years.
Moreover, increasing demand for high comfort and luxury in vehicles will also create a positive impact in the coming years. Developing economies in the Asia Pacific region, such as China and India, are the most attractive markets in terms of volume. Furthermore, car manufacturers in Europe, North America and Japan are focusing on installing advanced technologies in suspension systems.
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Growing demand for sports cars, globally, will directly drive the demand for Automotive Suspension Strut Mounts for advanced suspension control systems in the upcoming years. The continuous phase of global vehicle standard upgrades and high cost associated with the maintenance of suspension systems are major factors impeding the market growth. However, the impact will remain low, largely offset by the driving forces operating in the Automotive Suspension Strut Mounts market.
The APEJ is expected to witness major growth due to rising automobile production in developing countries, such as China and India. Adding to this, MEA, Latin America and Eastern Europe are also expected to register healthy CAGR over the forecast period.
Examples of some of the market participants identified across the value chain of the global Automotive Suspension Strut Mounts market include:Bilstein, CRP Automotive,, Dorman Product, Duralast
KYB Americas Corporation, MOOG Parts, ZF Sachs AG, Tenacity Auto Parts Co., Lippert Components, Eurospare;
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