| Product Code: ETC4947708 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Sweden continued to import motor vehicle steering and suspension parts primarily from Germany, Italy, Norway, Metropolitan France, and Spain. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 stood at a healthy 5.46%. This data suggests a stable import market for motor vehicle steering and suspension parts in Sweden, with key European suppliers dominating the landscape.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Motor Vehicle Steering and Suspension Parts Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Motor Vehicle Steering and Suspension Parts Market - Industry Life Cycle |
3.4 Sweden Motor Vehicle Steering and Suspension Parts Market - Porter's Five Forces |
3.5 Sweden Motor Vehicle Steering and Suspension Parts Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Sweden Motor Vehicle Steering and Suspension Parts Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sweden Motor Vehicle Steering and Suspension Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicle safety and comfort features |
4.2.2 Technological advancements in steering and suspension systems |
4.2.3 Growing automotive industry in Sweden |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Stringent government regulations on vehicle emissions and safety standards |
5 Sweden Motor Vehicle Steering and Suspension Parts Market Trends |
6 Sweden Motor Vehicle Steering and Suspension Parts Market Segmentations |
6.1 Sweden Motor Vehicle Steering and Suspension Parts Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Sweden Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Steering Components, 2021-2031F |
6.1.3 Sweden Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Suspension Components, 2021-2031F |
6.2 Sweden Motor Vehicle Steering and Suspension Parts Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Sweden Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.2.3 Sweden Motor Vehicle Steering and Suspension Parts Market Revenues & Volume, By Passenger Car, 2021-2031F |
7 Sweden Motor Vehicle Steering and Suspension Parts Market Import-Export Trade Statistics |
7.1 Sweden Motor Vehicle Steering and Suspension Parts Market Export to Major Countries |
7.2 Sweden Motor Vehicle Steering and Suspension Parts Market Imports from Major Countries |
8 Sweden Motor Vehicle Steering and Suspension Parts Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Sweden |
8.2 Number of new vehicle registrations |
8.3 Adoption rate of advanced steering and suspension technologies |
9 Sweden Motor Vehicle Steering and Suspension Parts Market - Opportunity Assessment |
9.1 Sweden Motor Vehicle Steering and Suspension Parts Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Sweden Motor Vehicle Steering and Suspension Parts Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sweden Motor Vehicle Steering and Suspension Parts Market - Competitive Landscape |
10.1 Sweden Motor Vehicle Steering and Suspension Parts Market Revenue Share, By Companies, 2024 |
10.2 Sweden Motor Vehicle Steering and Suspension Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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