The future of the automotive composite suspension components market looks attractive with opportunities in the markets of passenger cars, light commercial vehicles, and medium & heavy commercial vehicles. The global automotive composite suspension components market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and i with a CAGR of 2% to 4% from 2020 to 2025. The major drivers for this market are growth in automotive production and increasing demand for lightweight materials to achieve high fuel efficiency and reduce carbon emissions.

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.

A total of 114 figures / charts and 85 tables are provided in this 168 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this automotive composite suspension components market report download the report brochure.


In this market, composite leaf springs is largest in component type, whereas passenger car and light commercial vehicle are the largest vehicle type. Growth in various segments of the automotive composite suspension components market are given below:
Automotive Composite Suspension Components Market by Segments
The study includes the automotive composite suspension components market size and forecast for the automotive composite suspension components market through 2025, segmented by components, vehicle, process, and region as follows:

Automotive Composite Suspension Components Market by Component (Volume (Million Pounds) and $M shipment analysis for 2014 – 2025):

  • Leaf Spring
  • Coil Spring
  • Stabilizer Bar


Automotive Composite Suspension Components Market by Vehicle (Volume (Million Pounds) and $M shipment analysis for 2014 – 2025):

  • Passenger car and light commercial vehicle
  • Medium and heavy commercial vehicles
  • Others


Automotive Composite Suspension Components Market by Process (Volume (Million Pounds) and $M shipment analysis for 2014 – 2025):

  • Resin Transfer Molding
  • Prepreg Lay Up
  • Compression Molding


Automotive Composite Suspension Components Market by Region (Volume (Million Pounds) and $M shipment analysis for 2014 – 2025):

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World


Some of the automotive composites suspension companies profiled in this report include Liteflex, Sogefi Group, Mubea Fahrwerkstechnologien, IFA Composite, and Henderickson.

On the basis of comprehensive research, composite leaf springs will remain the largest segment and witness the highest growth over the forecast period because composite leaf springs are lighter weight and offer better durability compared to steel springs.

Within the automotive composite suspension components market, the end use industry of passenger cars and light commercial vehicles will remain the largest and witness the highest growth over the forecast period due to increasing penetration of composite leaf springs to reduce vehicle weight.

Europe will remain the largest region by value and volume over the forecast period due to stringent government regulations to increase fuel efficiency and lower carbon emissions. APAC is expected to witness the highest growth over the forecast period due to increasing penetration of composites leaf springs.

Some of the features of this report:
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  • Market size estimates: Automotive composite suspension components market size estimation in terms of value ($M) and volume (Million Pounds) shipment.
  • Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application, and end use industry.
  • Segmentation analysis: Automotive composite suspension components market size by various applications such as components, vehicle, and process in terms of value and volume shipment.
  • Regional analysis: Automotive composite suspension components r market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions of automotive composite suspension components in the automotive composite suspension components market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape of automotive composite suspension components in the automotive composite suspension components market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.




This report answers following 11 key questions:
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Q.1 What are some of the most promising potential, high-growth opportunities for the automotive composite suspension components market by component (leaf spring, coil spring and stabilizer bar), vehicle (passenger car and light commercial vehicle, medium and heavy commercial vehicle and others) process (resin transfer molding, prepreg lay up and compression molding) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the automotive composite suspension components market?
Q.6 What are emerging trends in this automotive composite suspension components market and the reasons behind them?
Q.7 What are some changing demands of customers in the automotive composite suspension components market?
Q.8 What are the new developments in the automotive composite suspension components market? Which companies are leading these developments?
Q.9 Who are the major players in this automotive composite suspension components market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this automotive composite suspension components area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this automotive composite suspension components market?


Report scope
Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates) 2014-2019
Forecast Period 2020-2025
Pages 168
Market Representation / Units Revenue in US $ Billion and Volume in Million Units
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling
Market Segments By component (leaf spring, coil spring and stabilizer bar), By vehicle (passenger car and light commercial vehicle, medium and heavy commercial vehicle and others), and By process (resin transfer molding, prepreg lay-up and compression molding)
Regional Scope North America, Europe, Asia Pacific, and RoW
Customization 10% Customization Without any Additional Cost