Automotive Control Arms Market Size to Grow by USD 5.28 billion, Low Cost of Automotive Control Arms to Drive Growth – Technavio

NEW YORK, Sept. 2, 2022 /PRNewswire/ — Automotive control arms are important components of a vehicle’s suspension system. A control arm is a hinged suspension link between the suspension hub connected with the wheel and the vehicle’s chassis.

The automotive control arms market size is expected to grow by USD 5.28 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 4.61% during the forecast period.

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Frequently Asked Questions:

  • What are the major trends in the market? 

    The growing use of lightweight and energy-efficient materials in automotive suspension systems is one of the trends in the market.
  • What will be the year-over-year growth rate of the market in 2022?

    The year-over-year growth rate of the market in 2022 will be 3.97%.
  • Who are the top players in the market?

    A ONE Parts Co. Ltd., Alltech Automotive LLC, American Axle and Manufacturing Holdings Inc., CCYS Hi Tech International Ltd, CFS Machinery Co. Ltd., DRiV Inc., General Motors Co., Hyundai Motor Co., Iparts International Ltd., Lemdor Control Arm Co. Ltd., Marelli Holdings Co. Ltd., MZW Motor, Nalbro Auto Parts Pvt. Ltd., RTS S.A., SIDEM NV, Teknorot, Yorozu Corp., and ZF Friedrichshafen AG are some of the major market participants.
  • How big is the APAC market?

    63% of the market’s growth will originate from APAC during the forecast period.

Automotive Control Arms Market 2022-2026: Scope

The automotive control arms market report covers the following areas:

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Automotive Control Arms Market 2022-2026: Driver and Challenge

The low cost of automotive control arms is driving the growth of the market. Automotive control arms help in enhancing the comfort level of passengers. The average price of a complete control arm kit ranges from USD 100 to USD 250. In addition, the replacement cost of control arms ranges from USD 100 to USD 300. This includes parts, repair, and service.

The faulty control arms leading to vehicle recalls will challenge the automotive control arms during the forecast period. Factors such as wear and tear of control arm bushings may result in the irregular functioning of automotive suspension systems. Rubber bushings attached to the control arms are prone to damage due to wear and tear.

Automotive Control Arms Market 2022-2026: Segmentation

  • Application
    • Passenger Vehicles
    • Commercial Vehicles
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • Middle East And Africa

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Automotive Control Arms Market 2022-2026: Revenue-generating Application Segments

The passenger vehicles segment will be the largest contributor to market growth during the forecast period. The growth of this segment is attributed to factors such as the growing volume of sales of passenger vehicles in emerging and developing economies such as China, India, and Southeast Asian countries.

Automotive Control Arms Market 2022-2026: Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist automotive control arms market growth during the next five years
  • Estimation of the automotive control arms market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive control arms market across APAC, Europe, North America, South America, and the Middle East and Africa
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive control arms market vendors

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Automotive Control Arms Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.61%

Market growth 2022-2026

USD 5.28 billion

Market structure

Fragmented

YoY growth (%)

3.97

Regional analysis

APAC, Europe, North America, South America, and the Middle East and Africa

Performing market contribution

APAC at 63%

Key consumer countries

US, China, Japan, India, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

A ONE Parts Co. Ltd., Alltech Automotive LLC, American Axle and Manufacturing Holdings Inc., CCYS Hi Tech International Ltd, CFS Machinery Co. Ltd., DRiV Inc., General Motors Co., Hyundai Motor Co., Iparts International Ltd., Lemdor Control Arm Co. Ltd., Marelli Holdings Co. Ltd., MZW Motor, Nalbro Auto Parts Pvt. Ltd., RTS S.A., SIDEM NV, Teknorot, Yorozu Corp., and ZF Friedrichshafen AG

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 24: Chart on Application – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application – Market share 2021-2026 (%)
  • 5.2 Comparison by Application
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Passenger vehicles – Market size and forecast 2021-2026
    • Exhibit 28: Chart on Passenger vehicles – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Passenger vehicles – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Passenger vehicles – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Passenger vehicles – Year-over-year growth 2021-2026 (%)
  • 5.4 Commercial vehicles – Market size and forecast 2021-2026
    • Exhibit 32: Chart on Commercial vehicles – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Commercial vehicles – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Commercial vehicles – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Commercial vehicles – Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Application
    • Exhibit 36: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 APAC – Market size and forecast 2021-2026
    • Exhibit 42: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 North America – Market size and forecast 2021-2026
    • Exhibit 50: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 China – Market size and forecast 2021-2026
    • Exhibit 62: Chart on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on China – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on China – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on China – Year-over-year growth 2021-2026 (%)
  • 7.9 US – Market size and forecast 2021-2026
    • Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.10 Japan – Market size and forecast 2021-2026
    • Exhibit 70: Chart on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Japan – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Japan – Year-over-year growth 2021-2026 (%)
  • 7.11 Germany – Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.12 India – Market size and forecast 2021-2026
    • Exhibit 78: Chart on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on India – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on India – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 A ONE Parts Co. Ltd.
    • Exhibit 89: A ONE Parts Co. Ltd. – Overview
    • Exhibit 90: A ONE Parts Co. Ltd. – Product / Service
    • Exhibit 91: A ONE Parts Co. Ltd. – Key offerings
  • 10.4 American Axle and Manufacturing Holdings Inc.
    • Exhibit 92: American Axle and Manufacturing Holdings Inc. – Overview
    • Exhibit 93: American Axle and Manufacturing Holdings Inc. – Business segments
    • Exhibit 94: American Axle and Manufacturing Holdings Inc. – Key offerings
    • Exhibit 95: American Axle and Manufacturing Holdings Inc. – Segment focus
  • 10.5 General Motors Co.
    • Exhibit 96: General Motors Co. – Overview
    • Exhibit 97: General Motors Co. – Business segments
    • Exhibit 98: General Motors Co. – Key news
    • Exhibit 99: General Motors Co. – Key offerings
    • Exhibit 100: General Motors Co. – Segment focus
  • 10.6 Hyundai Motor Co.
    • Exhibit 101: Hyundai Motor Co. – Overview
    • Exhibit 102: Hyundai Motor Co. – Business segments
    • Exhibit 103: Hyundai Motor Co. – Key news
    • Exhibit 104: Hyundai Motor Co. – Key offerings
    • Exhibit 105: Hyundai Motor Co. – Segment focus
  • 10.7 Marelli Holdings Co. Ltd.
    • Exhibit 106: Marelli Holdings Co. Ltd. – Overview
    • Exhibit 107: Marelli Holdings Co. Ltd. – Product / Service
    • Exhibit 108: Marelli Holdings Co. Ltd. – Key news
    • Exhibit 109: Marelli Holdings Co. Ltd. – Key offerings
  • 10.8 MZW Motor
    • Exhibit 110: MZW Motor – Overview
    • Exhibit 111: MZW Motor – Product / Service
    • Exhibit 112: MZW Motor – Key offerings
  • 10.9 Nalbro Auto Parts Pvt. Ltd.
    • Exhibit 113: Nalbro Auto Parts Pvt. Ltd. – Overview
    • Exhibit 114: Nalbro Auto Parts Pvt. Ltd. – Product / Service
    • Exhibit 115: Nalbro Auto Parts Pvt. Ltd. – Key offerings
  • 10.10 RTS S.A.
    • Exhibit 116: RTS S.A. – Overview
    • Exhibit 117: RTS S.A. – Product / Service
    • Exhibit 118: RTS S.A. – Key offerings
  • 10.11 SIDEM NV
    • Exhibit 119: SIDEM NV – Overview
    • Exhibit 120: SIDEM NV – Product / Service
    • Exhibit 121: SIDEM NV – Key offerings
  • 10.12 ZF Friedrichshafen AG
    • Exhibit 122: ZF Friedrichshafen AG – Overview
    • Exhibit 123: ZF Friedrichshafen AG – Business segments
    • Exhibit 124: ZF Friedrichshafen AG – Key news
    • Exhibit 125: ZF Friedrichshafen AG – Key offerings
    • Exhibit 126: ZF Friedrichshafen AG – Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 127: Inclusions checklist
    • Exhibit 128: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 129: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 130: Research methodology
    • Exhibit 131: Validation techniques employed for market sizing
    • Exhibit 132: Information sources
  • 11.5 List of abbreviations
    • Exhibit 133: List of abbreviations

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