Pro
Automotive
Asia-Pacific Automotive Suspension System Market Size, By Sales Channel (2018-2027)
| Label | Total | United States | Canada | Mexico |
|---|---|---|---|---|
| 2017 | 1171.9 USD Mn | 758.3 USD Mn | 229.4 USD Mn | 184.3 USD Mn |
| 2018 | 1235.9 USD Mn | 806.9 USD Mn | 240.4 USD Mn | 188.6 USD Mn |
| 2019 | 1303.9 USD Mn | 858.7 USD Mn | 252.1 USD Mn | 193.2 USD Mn |
| 2020 | 1378.6 USD Mn | 915.5 USD Mn | 264.8 USD Mn | 198.3 USD Mn |
| 2021 | 1460.5 USD Mn | 977.7 USD Mn | 278.8 USD Mn | 204 USD Mn |
| 2022 | 1548.5 USD Mn | 1044.8 USD Mn | 293.8 USD Mn | 209.9 USD Mn |
| 2023 | 1649.1 USD Mn | 1121.1 USD Mn | 310.9 USD Mn | 217 USD Mn |
| 2024 | 1756.5 USD Mn | 1203 USD Mn | 329.1 USD Mn | 224.4 USD Mn |
| 2025 | 1871.2 USD Mn | 1290.6 USD Mn | 348.4 USD Mn | 232.1 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
The global market for diesel engine catalysts is growing steadily due to stringent air quality regulations and penalties imposed on automotive OEMs and demand for commercial vehicles. However, the growth of the market may be hindered by the increase in the number of BEVs.
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