Heavy-duty Truck Suspension System Market Size, Share, Trends, Growth Outlook

The Global Heavy-duty Truck Suspension System Market Size is estimated to register 3.5% growth over the forecast period from 2023 to 2030.

 

The Heavy-duty Truck Suspension System Market addresses the specialized needs of heavy-duty trucks operating in challenging conditions. Suspension systems for heavy-duty trucks play a crucial role in providing stability, load-bearing capacity, and driver comfort. This market responds to the demand for robust suspension solutions that can withstand the rigors of heavy-duty applications, including construction, mining, and transportation. With a focus on innovative technologies, such as air suspension and advanced damping systems, the Heavy-duty Truck Suspension System Market aligns with the broader trends in improving heavy-duty vehicle performance and safety.

 

Market Trend: Integration of Advanced Suspension Technologies for Improved Ride Comfort and Stability in Heavy-duty Trucks

The most prominent trend in the Heavy-duty Truck Suspension System Market is the integration of advanced suspension technologies to enhance ride comfort and stability in heavy-duty trucks. As the demand for heavy-duty trucks with improved performance, safety, and driver comfort grows, manufacturers are incorporating innovations such as air suspension systems, adaptive damping, and electronically controlled suspensions. This trend reflects the industry's commitment to providing efficient and comfortable transportation solutions, meeting the evolving expectations of truck operators for smoother rides, reduced driver fatigue, and enhanced vehicle stability.

 

Market Driver: Growing Focus on Load-carrying Capacity and Safety Standards in Heavy-duty Truck Operations

A key driver propelling the Heavy-duty Truck Suspension System Market is the growing focus on load-carrying capacity and safety standards in heavy-duty truck operations. The driver behind the market's growth is the constant need for heavy-duty trucks to transport substantial loads while adhering to stringent safety regulations. Suspension systems play a crucial role in supporting heavy loads, ensuring stability during transit, and contributing to overall vehicle safety. The Heavy-duty Truck Suspension System Market is responding to this driver by offering robust suspension solutions that enhance load-bearing capabilities, improve handling, and comply with safety standards, meeting the demands of the heavy-duty trucking industry.

 

Potential Opportunity: Development of Sustainable and Lightweight Suspension Components for Heavy-duty Trucks

An emerging opportunity within the Heavy-duty Truck Suspension System Market lies in the development of sustainable and lightweight suspension components. With a growing emphasis on fuel efficiency and environmental sustainability, there is potential to innovate suspension systems using lightweight materials and eco-friendly manufacturing processes. This opportunity aligns with the broader trend of sustainability in the automotive industry. Manufacturers in the Heavy-duty Truck Suspension System Market can explore the creation of suspension components that reduce overall vehicle weight, improve fuel efficiency, and contribute to lower emissions. By seizing this opportunity, the market can address environmental concerns and align with the industry's push towards sustainable heavy-duty trucking solutions."

 

Heavy-duty Truck Suspension System Market Segmentation

By Vehicle Type

• Class 8
• Class 7

 

By Distribution Channel

• OEM
• Aftermarket

 

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Heavy-duty Truck Suspension System Market Companies

• Arnott LLC
• Bridgestone Corp.
• Buga Technic
• Continental AG
• Cummins Inc
• EMCO INDUSTRIES
• Hendrickson Holdings LLC
• JOST Werke AG
• Link Manufacturing Ltd
• Mando Aftermarket North America
• Marelli Holdings Co. Ltd
• .Michigan Truck Spring of Saginaw Inc.
• RoadActive Suspension
• SAF HOLLAND SE
• Simard Suspensions
• Sogefi Spa
• Suncore Industries
• thyssenkrupp AG
• VDL Groep BV
• ZF Friedrichshafen AG

 

*List not exhaustive

 

Heavy-duty Truck Suspension System Market Outlook 2023

1 Market Overview

1.1 Introduction to the Heavy-duty Truck Suspension System Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Heavy-duty Truck Suspension System Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Heavy-duty Truck Suspension System Market Companies with Area Served

4.2.2 Products Offerings Global Heavy-duty Truck Suspension System Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Heavy-duty Truck Suspension System Market Trends

6.1 Global Heavy-duty Truck Suspension System Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Heavy-duty Truck Suspension System Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Heavy-duty Truck Suspension System Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Heavy-duty Truck Suspension System Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Heavy-duty Truck Suspension System Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Heavy-duty Truck Suspension System Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Heavy-duty Truck Suspension System Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Heavy-duty Truck Suspension System Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Heavy-duty Truck Suspension System Development Regional Status and Outlook

8.1 Global Heavy-duty Truck Suspension System Revenue (USD Million) By Regions (2018-2022)

8.2 North America Heavy-duty Truck Suspension System Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Heavy-duty Truck Suspension System Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Heavy-duty Truck Suspension System Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Heavy-duty Truck Suspension System Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Heavy-duty Truck Suspension System Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Heavy-duty Truck Suspension System Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Heavy-duty Truck Suspension System Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Heavy-duty Truck Suspension System Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) by Applications (2018-2022)

8.5 South America Heavy-duty Truck Suspension System Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Heavy-duty Truck Suspension System Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Heavy-duty Truck Suspension System Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Heavy-duty Truck Suspension System Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Heavy-duty Truck Suspension System Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Heavy-duty Truck Suspension System Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Heavy-duty Truck Suspension System Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Heavy-duty Truck Suspension System Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Heavy-duty Truck Suspension System Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Heavy-duty Truck Suspension System Development Regional Status and Outlook Forecast

11.1 Global Heavy-duty Truck Suspension System Revenue (USD Million) By Regions (2023-2030)

11.2 North America Heavy-duty Truck Suspension System Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Heavy-duty Truck Suspension System Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Heavy-duty Truck Suspension System Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Heavy-duty Truck Suspension System Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Heavy-duty Truck Suspension System Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Heavy-duty Truck Suspension System Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Heavy-duty Truck Suspension System Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Heavy-duty Truck Suspension System Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million), by Applications (2023-2030)

11.5 South America Heavy-duty Truck Suspension System Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Heavy-duty Truck Suspension System Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Heavy-duty Truck Suspension System Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Heavy-duty Truck Suspension System Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million), by Region (2023-2030)

11.6.2 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Heavy-duty Truck Suspension System Market Companies with Areas Served

Table 3 Products Offerings Global Heavy-duty Truck Suspension System Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Heavy-duty Truck Suspension System Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Heavy-duty Truck Suspension System Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Heavy-duty Truck Suspension System Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Table 11 Global Heavy-duty Truck Suspension System Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Heavy-duty Truck Suspension System Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Heavy-duty Truck Suspension System Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Heavy-duty Truck Suspension System Market Share (%) By Regions (2018-2022)

Table 16 North America Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2018-2022)

Table 17 North America Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Table 18 North America Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2018-2022)

Table 26 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Table 27 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Table 33 Global Heavy-duty Truck Suspension System Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Heavy-duty Truck Suspension System Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Heavy-duty Truck Suspension System Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Heavy-duty Truck Suspension System Revenue (USD)By Country (2023-2030)

Table 38 North America Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Table 39 North America Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2023-2030)

Table 47 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Table 48 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Heavy-duty Truck Suspension System Revenue Market Share (%) By Type (2022)

Figure 5 Global Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Heavy-duty Truck Suspension System Revenue Market Share (%) By Applications (2022)

Figure 7 Global Heavy-duty Truck Suspension System Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Heavy-duty Truck Suspension System Market Share (%) By Regions (2022)

Figure 9 North America Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Heavy-duty Truck Suspension System Revenue Market Share (%) By Type (2030)

Figure 26 Global Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Heavy-duty Truck Suspension System Revenue Market Share (%) By Applications (2030)

Figure 28 Global Heavy-duty Truck Suspension System Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Heavy-duty Truck Suspension System Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

Heavy-duty Truck Suspension System Market Segmentation

By Vehicle Type

• Class 8
• Class 7

 

By Distribution Channel

• OEM
• Aftermarket

 

By Region

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• Latin America (Brazil, Argentina, Others)
• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)