Global Automotive Stabilizer Bar Link Market, By Material Type (Cast Iron, Steel, Aluminium, Carbon Fibre Reinforced Plastic), Vehicle Type (Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)), Sales Channel (Original Equipment Manufacturers (OEM), Aftermarket),Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Automotive stabilizer bar link market will grow at a CAGR of 4.60% in the forecast period of 2021 to 2028. Increasing automotive production in some parts of the world is an essential factor driving the automotive stabilizer bar link market.
Automotive stabilizer bar link is a type of component of auto suspension system that connects numerous parts which take much of the punishment when the vehicles are being exposed to potholes, pots and road defects. It is one of the key components in the vehicle that maintains a vehicle’s stability on an inclined curve and also transmits forces between chassis and bodywork and ensures maximum driving comfort at all times. It also helps in improving the shock and handling absorption, while keeping the car from swaying too much that could lead to loss of control. Adding of stabilizer links between the bars and wheels helps in refining the process control.
Rising demand of the vehicles due to increase in disposable income is a crucial factor accelerating the market growth, also rise in the users of vehicles for various such purposes which includes healthcare facilities, construction activities, transportation of goods and e-commerce business among others, rising demand for the re-used cars in some parts of the world, rising demand for passenger cars along with the increasing awareness regarding safety and proper handling, rising demand of vehicles in developing regions due to increasing population, increasing nuclear families in some parts of the globe also increases the demand for automotive which acts as the major factors among others boosting the automotive stabilizer bar link market. Moreover, increasing technological advancements and modernization in the automotive sector and rising research and development activities in the automotive sector will further create new opportunities for automotive stabilizer bar link market in the forecast period mentioned above.
However, continuous fall in demand for automotive and subsequent decline in production of automobiles are the major factors among others which will curtail the market growth, and will further challenge the automotive stabilizer bar link market in the forecast period mentioned above.
This automotive stabilizer bar link market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive stabilizer bar link market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive Stabilizer Bar Link Market Scope and Market Size
Automotive stabilizer bar link market is segmented on the basis of material type, vehicle type and sales channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of material type, the automotive stabilizer bar link market is segmented into cast iron, steel, aluminium and carbon fibre reinforced plastic.
- Based on vehicle type, the automotive stabilizer bar link market is segmented into passenger car (PC), light commercial vehicle (LCV) and heavy commercial vehicle (HCV).
- The automotive stabilizer bar link market is also segmented on the basis of sales channel into original equipment manufacturers (OEM) and aftermarket.
Global Automotive Stabilizer Bar Link Market Scope Country Level Analysis
Automotive stabilizer bar link market is analysed and market size, volume information is provided by country, material type, vehicle type and sales channel as referenced above.
The countries covered in the automotive stabilizer bar link market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the automotive stabilizer bar link market due to surging automotive production across the countries such as India, China, and Japan, rising growth in the automotive production as well as sale across the region and rising number of population also increases the demand for vehicles in this region. North America and Western Europe are the expected regions in terms of growth in automotive stabilizer bar link market due to rising number of automotive production in this region.
The country section of the automotive stabilizer bar link market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Stabilizer Bar Link Market Share Analysis
Automotive stabilizer bar link market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive stabilizer bar link market.
The major players covered in automotive stabilizer bar link market report are ZF Friedrichshafen AG, SYNERGY MANUFACTURING, RUIAN WUHUAN AUTO PARTS CO.,LTD., BorgWarner Inc., NHK International Corporation, Addco, swaytec, Sogefi SpA, Muhr und Bender KG, Hirani Automotive Industries., Classic Exports, Atharva Worldwide LLP, Alfa Enterprise, Balwant Udyog, Hyundai Motor India., Wanxiang Automotive Components, LLC, YOROZU Corporation, Kongsberg Automotive and TINSLEY BRIDGE GROUP among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.