Automotive Suspension Market worth $50.7 billion in 2026
The Automotive Suspension Market is projected to grow from USD 42.9 billion in 2021 to USD 50.7 billion by 2026, at a CAGR of 3.4% during the forecast period. Automotive OEMs are investing in R&D activities to introduce innovative suspension systems to enhance ride comfort. For example, in August 2020, ZF Friedrichshafen designed air suspension with ECAS technology to address issues such as...
Automotive Hydraulics System Market Size, Share | Industry Trends to 2025
The Global Automotive Hydraulics System Market was estimated to be USD
32.13 billion in 2017 and is projected to reach USD 51.37 billion by 2025,
growing at a CAGR of 6.04% during the forecast period. Factors such as advanced
vehicle safety technologies, government mandates regarding the active and passive safety of vehicles,
infrastructural development in emerging economies have boosted the Automotive
Hydraulics...