Automotive Composite Suspension Components Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Component Leaf spring, coil spring and stabilizer bar Market Segments by Vehicle Passenger car and light commercial vehicle, medium and heavy commercial vehicle and others Market Segments by Process Resin transfer molding, prepreg lay-up and compression molding Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Liteflex, Sogefi Group, Mubea Fahrwerkstechnologien, IFA Composite, and Henderickson. Trend Growth Rate and CAGR4.9% Key Industry Forecast The global automotive composite suspension components market is expected to grow at a CAGR of 4.9% from 2019 to Key Industry Driver Driver: Growth in automotive production and increasing demand for lightweight materials to achieve high fuel efficiency and reduce carbon emissions. 2

Industry Overview Market Size The global automotive composite suspension components market is expected to grow at a CAGR of 4.9% from 2019 to An 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. CAGR ( )4.9% 3 Industry Performance : Forecast