The global automotive torsion bar market is anticipated to grow at a CAGR of 2.2% during the forecast period (2022-2028). One of the major factors driving the market is the increasing disposable income across the globe which enables people to get a more comfortable drive, therefore the demand is increasing for the vehicle which contributed to the demand for automotive torsion bar. The increasing accident rate due to the instability of the vehicle during high speed, as the torsion bar manages the tires to keep the contact with the road all the time is also contributing to the demand.
A full report Automotive Torsion Bar Market of is available at: https://orionmarketreports.com/automotive-torsion-bar-market/106260/
The heavy commercial vehicles sometimes carry extra weight which results in the failure of other parts, the torsion bar distributes that weight in equal order to manage the weight and successful results. In order to enhance safety during the races, the automotive torsion bars are used to increase strength and steadiness. All these factors are growing the market for automotive torsion bars. For Instance, Sway-A-Way’s circle track torsion bars (Dirt Modified Torsion Bar – 29) are high-quality bars designed to provide customers with better, more consistent racing results. Heat-treated, centerless ground, pre-stressed, and powder coated, these strong bars are carefully machined from aircraft-grade alloy steel. Sway-A-torsion Way’s bars are distinguished by their pre-stressing process, which boosts the torsion bar’s strength and allows for more wheel travel before yielding.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-LISI AUTOMOTIVE, Marelli Holdings Co., Ltd., Schaeffler AG, Sogefi SpA , Sway-A-Way, ZF Friedrichshafen AG, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Automotive Torsion Bar Market Report by Segment
By Type
- Steel Torsion Bar
- Composite Torsion Bar
By Application
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic coverage
- North America market size and/or volume
- Latin America market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
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