Product Code: ETC172619 | Publication Date: Jan 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Automotive Suspension market currently, in 2023, has witnessed an HHI of 1313, Which has increased slightly as compared to the HHI of 1222 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) automotive suspension market is a significant segment of the country`s automotive industry, driven by factors such as the UAE growing population, increasing vehicle ownership, and the demand for smoother and more comfortable rides. Automotive suspension systems are crucial for vehicle stability, control, and passenger comfort, playing a key role in ensuring a safe and enjoyable driving experience. The market is supported by the UAE expanding road infrastructure, the preference for luxury and high-performance vehicles, and the continuous advancements in suspension technology.
One of the key drivers of the UAE automotive suspension market is the country`s rising vehicle sales and ownership. The UAE has witnessed a surge in vehicle demand, driven by a growing population and the need for convenient transportation. As vehicle sales increase, the demand for automotive suspension components and systems also rises. Additionally, the UAE preference for luxury and high-performance vehicles, which often come equipped with advanced suspension systems, contributes to the demand for high-quality suspension products.
Despite the positive growth prospects, the UAE automotive suspension market faces certain challenges. One of the main challenges is the increasing competition among suspension system manufacturers and suppliers. The market is populated with both local and international players offering a wide range of suspension solutions. Differentiating products based on performance, reliability, and cost-effectiveness becomes essential for companies to maintain a competitive edge. Moreover, ensuring compliance with vehicle safety and emissions standards presents a challenge for suspension system manufacturers.
The COVID-19 pandemic had a significant impact on the global automotive industry, including the automotive suspension market in the UAE. During the pandemic, movement restrictions and economic uncertainties affected vehicle sales and production. The automotive sector experienced a temporary slowdown, which also impacted the demand for automotive suspension components. However, as economic activities resumed and restrictions eased, the automotive market started to recover, leading to a gradual revival in the demand for suspension systems in the UAE.
Key players in the market include companies that offer a wide range of suspension components and systems catering to different vehicle types and driving preferences. Some of the key players in the market include ZF Friedrichshafen AG, Tenneco Inc., KYB Corporation, and Magneti Marelli S.p.A. These companies are known for their expertise in automotive suspension technology, providing innovative and reliable solutions to enhance vehicle performance and passenger comfort.
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 United Arab Emirates (UAE) Automotive Suspension Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, 2020 & 2030F |
3.3 United Arab Emirates (UAE) Automotive Suspension Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Automotive Suspension Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume Share, By Architecture, 2020 & 2030F |
3.6 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume Share, By Geometry, 2020 & 2030F |
3.7 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume Share, By System, 2020 & 2030F |
3.8 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume Share, By Component, 2020 & 2030F |
3.9 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume Share, By Aftermarket Component, 2020 & 2030F |
3.10 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume Share, By Vehicle Type, 2020 & 2030F |
4 United Arab Emirates (UAE) Automotive Suspension Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Automotive Suspension Market Trends |
6 United Arab Emirates (UAE) Automotive Suspension Market, By Types |
6.1 United Arab Emirates (UAE) Automotive Suspension Market, By Architecture |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Architecture, 2020-2030F |
6.1.3 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Macpherson Strut, 2020-2030F |
6.1.4 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Double Wishbone, 2020-2030F |
6.1.5 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Multilink Suspension, 2020-2030F |
6.1.6 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Twist Beam/torsion Beam Suspension, 2020-2030F |
6.1.7 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Leaf Spring Suspension, 2020-2030F |
6.1.8 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Air Suspension, 2020-2030F |
6.2 United Arab Emirates (UAE) Automotive Suspension Market, By Geometry |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Dependent, 2020-2030F |
6.2.3 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Semi-Independent, 2020-2030F |
6.2.4 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Independent, 2020-2030F |
6.3 United Arab Emirates (UAE) Automotive Suspension Market, By System |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Passive Suspension, 2020-2030F |
6.3.3 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Semi-Active Suspension, 2020-2030F |
6.3.4 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Active Suspension, 2020-2030F |
6.3.5 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Actuation, 2020-2030F |
6.4 United Arab Emirates (UAE) Automotive Suspension Market, By Component |
6.4.1 Overview and Analysis |
6.4.2 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Coil Spring, 2020-2030F |
6.4.3 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Leaf Spring, 2020-2030F |
6.4.4 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Air Spring, 2020-2030F |
6.4.5 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Shock Absorber, 2020-2030F |
6.4.6 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Control Arm, 2020-2030F |
6.4.7 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Rubber Bushing, 2020-2030F |
6.4.8 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Others, 2020-2030F |
6.4.9 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Others, 2020-2030F |
6.5 United Arab Emirates (UAE) Automotive Suspension Market, By Aftermarket Component |
6.5.1 Overview and Analysis |
6.5.2 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Shock Absorber, 2020-2030F |
6.5.3 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Strut, 2020-2030F |
6.5.4 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Ball Joint, 2020-2030F |
6.5.5 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Leaf Spring, 2020-2030F |
6.5.6 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Control Arm, 2020-2030F |
6.5.7 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Coil Spring, 2020-2030F |
6.6 United Arab Emirates (UAE) Automotive Suspension Market, By Vehicle Type |
6.6.1 Overview and Analysis |
6.6.2 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Passenger Car, 2020-2030F |
6.6.3 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Light Commercial Vehicle, 2020-2030F |
6.6.4 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Truck, 2020-2030F |
6.6.5 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Bus, 2020-2030F |
6.6.6 United Arab Emirates (UAE) Automotive Suspension Market Revenues & Volume, By Two Wheeler, 2020-2030F |
7 United Arab Emirates (UAE) Automotive Suspension Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Automotive Suspension Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Automotive Suspension Market Imports from Major Countries |
8 United Arab Emirates (UAE) Automotive Suspension Market Key Performance Indicators |
9 United Arab Emirates (UAE) Automotive Suspension Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Automotive Suspension Market Opportunity Assessment, By Architecture, 2020 & 2030F |
9.2 United Arab Emirates (UAE) Automotive Suspension Market Opportunity Assessment, By Geometry, 2020 & 2030F |
9.3 United Arab Emirates (UAE) Automotive Suspension Market Opportunity Assessment, By System, 2020 & 2030F |
9.4 United Arab Emirates (UAE) Automotive Suspension Market Opportunity Assessment, By Component, 2020 & 2030F |
9.5 United Arab Emirates (UAE) Automotive Suspension Market Opportunity Assessment, By Aftermarket Component, 2020 & 2030F |
9.6 United Arab Emirates (UAE) Automotive Suspension Market Opportunity Assessment, By Vehicle Type, 2020 & 2030F |
10 United Arab Emirates (UAE) Automotive Suspension Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Automotive Suspension Market Revenue Share, By Companies, 2023 |
10.2 United Arab Emirates (UAE) Automotive Suspension Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |