Pro
07K14K21K28KUSD Mn201820192020202120222023202420252026
OEM
Aftermarket
Automotive
Asia-Pacific Automotive Suspension System Market Size, By Sales Channel (2018-2027)
| Label | Europe | Germany | France | United Kingdom | Italy | Rest of Europe |
|---|---|---|---|---|---|---|
| 2017 | 1626.50 USD Mn | 420.1 USD Mn | 243.4 USD Mn | 157.4 USD Mn | 198.7 USD Mn | 606.8 USD Mn |
| 2018 | 1688.60 USD Mn | 431.3 USD Mn | 258.8 USD Mn | 159.6 USD Mn | 205.4 USD Mn | 633.4 USD Mn |
| 2019 | 1753.70 USD Mn | 442.7 USD Mn | 275.3 USD Mn | 161.9 USD Mn | 212.4 USD Mn | 661.5 USD Mn |
| 2020 | 1825.30 USD Mn | 455 USD Mn | 293.4 USD Mn | 164.6 USD Mn | 220.1 USD Mn | 692.2 USD Mn |
| 2021 | 1903.50 USD Mn | 468.1 USD Mn | 313.4 USD Mn | 167.6 USD Mn | 228.6 USD Mn | 725.8 USD Mn |
| 2022 | 1986.80 USD Mn | 481.7 USD Mn | 335 USD Mn | 170.9 USD Mn | 237.5 USD Mn | 761.7 USD Mn |
| 2023 | 2082.80 USD Mn | 497.4 USD Mn | 359.6 USD Mn | 174.9 USD Mn | 248 USD Mn | 802.9 USD Mn |
| 2024 | 2183.90 USD Mn | 513.3 USD Mn | 386.2 USD Mn | 179.1 USD Mn | 258.9 USD Mn | 846.4 USD Mn |
| 2025 | 2290.20 USD Mn | 529.2 USD Mn | 414.8 USD Mn | 183.5 USD Mn | 270.3 USD Mn | 892.5 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Rest of Europe accounted for the largest market share in 2018 in the Europe diesel engine catalyst market, and is expected to reach USD 892.50 Million in 2025 from USD 633.40 Million in 2018. However, France is the fastest growing market, which is expected to grow at a CAGR of 7.07% during the forecast period 2019 - 2025. oem segment accounted for the larger market share in 2018, this market is expected to reach USD 1329.10 Million in 2025 from USD 1026.40 Million in 2018. This market is projected to grow at a CAGR of 3.85% during the forecast period from 2019 - 2025. However, aftermarket segment is the fastest growing market, which is expected to grow at a CAGR of 5.58% during the forecast period 2019 - 2025. diesel oxidation catalysts doc segment accounted for the largest market share in 2018, this market is expected to reach USD 938.10 Million in 2025 from USD 683.60 Million in 2018. This market is projected to grow at a CAGR of 4.67% during the forecast period from 2019 - 2025.
However, selective catalytic reduction scr segment is the fastest growing market, which is expected to grow at a CAGR of 6.81% during the forecast period 2019 - 2025. on road segment accounted for the larger market share in 2018, this market is expected to reach USD 1432.96 Million in 2025 from USD 1000.52 Million in 2018. This market is projected to grow at a CAGR of 5.35% during the forecast period from 2019 - 2025. However, on road segment is the fastest growing market, which is expected to grow at a CAGR of 5.35% 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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