Pro
Automotive
Asia-Pacific Automotive Suspension System Market Size, By Sales Channel (2018-2027)
| Label | Europe | Germany | France | United Kingdom | Italy | Rest of Europe |
|---|---|---|---|---|---|---|
| 2017 | 1419.21 USD Mn | 443.11 USD Mn | 219.61 USD Mn | 144.82 USD Mn | 91.40 USD Mn | 520.27 USD Mn |
| 2018 | 1483.87 USD Mn | 459.11 USD Mn | 228.96 USD Mn | 153.14 USD Mn | 97.19 USD Mn | 545.47 USD Mn |
| 2019 | 1425.94 USD Mn | 437.11 USD Mn | 219.40 USD Mn | 148.83 USD Mn | 94.99 USD Mn | 525.61 USD Mn |
| 2020 | 787.53 USD Mn | 239.13 USD Mn | 120.83 USD Mn | 83.13 USD Mn | 53.36 USD Mn | 291.09 USD Mn |
| 2021 | 1189.23 USD Mn | 357.61 USD Mn | 181.94 USD Mn | 126.96 USD Mn | 81.95 USD Mn | 440.77 USD Mn |
| 2022 | 1557.23 USD Mn | 463.65 USD Mn | 237.56 USD Mn | 168.14 USD Mn | 109.13 USD Mn | 578.75 USD Mn |
| 2023 | 1735.70 USD Mn | 511.56 USD Mn | 264.04 USD Mn | 189.54 USD Mn | 123.71 USD Mn | 646.85 USD Mn |
| 2024 | 1832.90 USD Mn | 534.62 USD Mn | 278.03 USD Mn | 202.42 USD Mn | 132.87 USD Mn | 684.95 USD Mn |
| 2025 | 1935.84 USD Mn | 558.68 USD Mn | 292.81 USD Mn | 216.22 USD Mn | 142.72 USD Mn | 725.41 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Rest of Europe accounted for the largest market share in 2018 in the Europe automotive engine encapsulation market, and is expected to reach USD 725.41 Million in 2025 from USD 545.47 Million in 2018. However, Italy is the fastest growing market, which is expected to grow at a CAGR of 7.02% during the forecast period 2019 - 2025. polyurethane segment accounted for the largest market share in 2018, this market is expected to reach USD 660.07 Million in 2025 from USD 557.59 Million in 2018. This market is projected to grow at a CAGR of 3.75% during the forecast period from 2019 - 2025. However, carbon fiber segment is the fastest growing market, which is expected to grow at a CAGR of 6.79% during the forecast period 2019 - 2025. oem segment accounted for the larger market share in 2018, this market is expected to reach USD 1349.98 Million in 2025 from USD 999.80 Million in 2018.
This market is projected to grow at a CAGR of 5.74% during the forecast period from 2019 - 2025. engine mounted segment accounted for the larger market share in 2018, this market is expected to reach USD 1306.43 Million in 2025 from USD 1024.61 Million in 2018. This market is projected to grow at a CAGR of 4.88% during the forecast period from 2019 - 2025. However, body mounted segment is the fastest growing market, which is expected to grow at a CAGR of 5.97% during the forecast period 2019 - 2025. passenger car segment accounted for the largest market share in 2018, this market is expected to reach USD 1398.96 Million in 2025 from USD 1103.55 Million in 2018. This market is projected to grow at a CAGR of 4.79% during the forecast period from 2019 - 2025. However, lcv segment is the fastest growing market, which is expected to grow at a CAGR of 6.91% during the forecast period 2019 - 2025.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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