Global Automotive Stabilizer Bar Market Overview:
The automotive stabilizer bar itself is a simple piece of engineering. It is essentially a U-shaped cylindrical piece of metal which connects both the left and right ends of an axle. When one round a corner, the mass of car shifts to the outside of the turn due to centrifugal force, causing the car to roll. That is disagreeable for both car control and passenger comfort, and more roll means the car takes longer to respond to the commands. By connecting both ends, the automotive stabilizer bar forces both ends of the axle, the wheels in this case, to raise or lower to a similar height, preventing roll.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Development of Lightweight and High Tech Material-Based Automotive Stabilizer Bar
Market Growth Drivers:
Growth in the Automotive Production and Rising Concern for Safety
Challenges:
Provides a Rough Drive during Rocky, Bumpy Roads
Restraints:
High Installation Cost
Opportunities:
Increasing Demand from Emerging Markets
Competitive Landscape:
Leading key players of automotive stabilizer bar market are focusing on strategic partnerships and acquisition to improve their products and services and also they are focusing on increasing their client base to strengthen market position and to enhance product & service offerings.
Some of the key players profiled in the report are TRW Automotive (United States), Chuo Spring (Japan), Sogefi (Italy), Huayu Automotive Systems Co Ltd (China), Mubea (Germany), American Axle & Manufacturing, Inc. (United States), Thyssenkrupp (Germany), NHK International Corporation (United States), Wanxiang Group Corporation (China) and Tata (India). Additionally, following companies can also be profiled that are part of our coverage like Kongsberg Automotive (Norway) and SwayTec (China). Analyst at AMA Research see United States and German Vendors to retain maximum share of Global Automotive Stabilizer Bar market by 2028. Considering Market by Vehicle Type, the sub-segment i.e. Passenger Car will boost the Automotive Stabilizer Bar market. Considering Market by Sales Channel, the sub-segment i.e. OEM will boost the Automotive Stabilizer Bar market. Considering Market by Material, the sub-segment i.e. Cast Iron will boost the Automotive Stabilizer Bar market.
Latest Market Insights:
In 2021, Lear Corporation a global automotive technology leader in Seating and E-Systems, announced that it has entered into a definitive agreement to acquire substantially all of Kongsberg Automotive’s Interior Comfort Systems (ICS) business unit.
What Can be Explored with the Automotive Stabilizer Bar Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Automotive Stabilizer Bar Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Automotive Stabilizer Bar
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Automotive Stabilizer Bar market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Automotive Stabilizer Bar market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Automotive Stabilizer Bar, Suppliers of Raw Materials, Automotive Industry, Governmental Bodies and Research Firms.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.