Automotive Torque Rod Market Outlook (2023 to 2033)

According to the detailed report by Future Market Insights, the Automotive torque rod market recorded sales of US$ 7,778.0 million in 2018. The market experienced a 1.8% year-on-year growth in 2022 and is anticipated to achieve revenue of US$ 8,256 million in 2023. Over the assessment period from 2023 to 2033, the global market is projected to expand at a compound annual growth rate (CAGR) of 3.0%, resulting in a market size of US$ 11,095.4 million by the end of 2033. The overall growth in vehicle production and sales globally is a significant driver for the automotive torque rod market. As the number of vehicles on the road increases, there is a corresponding need for suspension components like torque rods to support the growing automotive manufacturing sector.

Automotive Torque Rod have emerged as the best solution for end-use industries as torque rod also play a vital role in optimizing tire contact with the road surface, by controlling suspension movements, torque rods help ensure consistent tire grip and traction, resulting in improved overall vehicle performance and safety.

Other Drivers Propelling the Demand for Automotive Torque Rod include:

  • The rising adoption of electric vehicles presents new opportunities for the automotive torque rod market.
  • The demand for better vehicle performance, including acceleration, maneuverability, and stability, drives the need for improved suspension systems with the help of automotive torque rod.
  • Advancements in torque rod design and materials, as well as manufacturing processes, have resulted in improved performance and durability.
  • Vehicle safety is a top priority for automakers and consumers alike. Torque rods contribute to the overall safety of the vehicle by maintaining proper suspension alignment, reducing vibrations, and enhancing stability which drives the demand for XX Market.

Challenges for Companies /Manufacturers in the Automotive Torque Rod Market:

  • Intense competition in the automotive torque rod market necessitates differentiation through quality, innovation, cost-effectiveness, and customer service.
  • Keeping pace with rapid technological advancements and meeting evolving customer demands in torque rod development require substantial research and development investments which restraints the market growth.
  • Meeting stringent quality and safety standards in torque rod manufacturing requires compliance with regulations and rigorous testing and validation.
  • Balancing high-quality torque rod production with cost-efficient manufacturing processes and managing fluctuating raw material prices pose cost management challenges.

Opportunities in the Automotive Torque Rod Market:

  • Emerging market growth and increased vehicle production create opportunities for torque rod manufacturers in meeting suspension component demand.
  • Safety and comfort-focused automotive market demands advanced suspension systems, creating an opportunity for torque rod manufacturers to meet evolving expectations.
  • The surge in electric vehicle adoption offers torque rod manufacturers a notable opportunity to provide specialized suspension components designed for the unique requirements of electric powertrains, catering to the growing EV market.
  • Advancements in materials, manufacturing, and design technologies drive innovation in the torque rod market, enabling the development of lightweight, durable, and high-performance torque rods that enhance vehicle stability and vibration dampening capabilities.

Latest Trends in the Automotive Torque Rod Market:

  • Market is witnessing a rising trend of customizable torque rods, offering adjustable options that enable fine-tuning of suspension characteristics for optimized vehicle performance, handling, and comfort based on individual preferences.
  • Collaboration between torque rod manufacturers and automotive OEMs is a growing trend, resulting in optimized torque rods tailored to specific vehicle models, enhancing integration, performance, and customer satisfaction in overall vehicle design.
  • Growing sustainability focus in the automotive torque market drives the adoption of eco-friendly materials and sustainable manufacturing practices, reducing environmental impact.
  • Advanced design and manufacturing techniques like CAD, FEA, and precision manufacturing are trending in the automotive torque market, improving suspension performance and durability through optimized torque rod design and production.
Attributes Details
Automotive Torque Rod Market Size (2023) US$ 8,256 million
Automotive Torque Rod Market Projected Size (2033) US$ 11,095.4 million
Value CAGR (2023 to 2033) 3.0 %

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2018 to 2022 Automotive Torque Rod Demand Outlook Compared to 2023 to 2033 Forecast

From 2018 to 2022, the global Automotive Torque Rod market experienced a CAGR of 1.2%, reaching a market size of US$ 8.256 million in 2023.

From 2018 to 2022, the global Automotive Torque Rod market witnessed steady growth due to SUVs and crossovers have become increasingly popular in recent years. These vehicles are typically heavier than cars, which puts more stress on the suspension system. Torque rods play an important role in supporting the weight of these vehicles and keeping them stable on the road.

Future Forecast for Automotive Torque Rod Market

Looking ahead, the global Automotive Torque Rod market is expected to rise at a CAGR of 3.0% from 2023 to 2033. During the forecast period, the market size is expected to reach US$ 11,095.4 million.

The Automotive Torque Rod market is expected to continue its growth trajectory from 2023 to 2033, driven by use of lightweight materials, such as aluminum and Composite Material. These materials are strong and durable, but they are also lighter than traditional materials, such as steel. This weight reduction can improve fuel efficiency and performance. The growth of the Automobile sector and the rising adoption of advance safety features are expected to drive the demand for Automotive Torque Rod during the forecast period.

The Asia Pacific region is poised for substantial growth in the Automotive Torque Rod market, fueled by the rapid development of economies like China and India. Nevertheless, the market's expansion may encounter obstacles due to the emergence of alternative technologies and the considerable expenses associated with Torque Rod manufacturing, including installation and maintenance costs.

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Nikhil Kaitwade

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Country-Wise Insights

Automotive Torque Rod Market to Surge in the United States Amid Growing demand for passenger vehicles.

Country The United States
Market Size (US$ million) by End of Forecast Period (2033) US$ 2,715.1 million
CAGR % 2023 to End of Forecast (2033) 3.20 %

The Automotive Torque Rod market in the United States is expected to reach a market share of US$ 2,715.1 million by 2033, expanding at a CAGR of 3.20%. The Automotive Torque Rod market in the United States is expected to witness growth due to Passenger vehicles are more likely to have torque rods than commercial vehicles, so the growth in the passenger vehicle market has led to an increase in demand for torque rods. Additionally, there are a few other factors expected to drive the demand for Automotive Torque Rod in the country are:

  • Automakers are investing heavily in research and development. This investment is helping Automakers to develop new technologies and improve the quality of automotive torque rods.

Rising Demand for Automotive Torque Rod in Automotive Market to Propel the Germany Market Growth

Country Germany
Market Size (US$ million) by End of Forecast Period (2033) US$ 2,611.6 million
CAGR % 2023 to End of Forecast (2033) 2.80 %

The Automotive Torque Rod market in the Germany is expected to reach a market share of US$ 2,611.6 million, expanding at a CAGR of 2.80 % during the forecast period. The Germany market is projected to experience growth owing to the rising demand for Automotive Torque Rod in the automotive market. The German automotive sector is characterized by advanced manufacturing capabilities, technological innovation, and a focus on high-quality vehicles. As a result, the demand for various automotive components, including torque rods, remains robust.

Notable Growth Expected in China's Automotive Torque Rod Market as increasing use of torque rods in electric vehicles.

Country China
Market Size (US$ million) by End of Forecast Period (2033) US$ 2822.1 million
CAGR % 2023 to End of Forecast (2033) 3.60 %

The Automotive Torque Rod market in China is anticipated to reach a market share of US$ 2822.1 million, moving at a CAGR of 3.60 % during the forecast period. The Automotive Torque Rod market in China is expected to grow prominently due increasing use of torque rods in electric vehicles is expected to drive growth in the automotive torque rod market in China. Electric motors generate high torque from the moment they start, and the torque is delivered differently compared to an ICE. Therefore, torque rods designed specifically for EVs need to accommodate these unique requirements, such as managing the torque distribution and controlling vibrations caused by the electric motor. This necessitates the development and use of specialized torque rods for EVs, driving the market growth.

Category-Wise Insights

Passenger Car Segment to Dominate Automotive Torque Rod Market with market share of 78% 2033

With a market share of 78% in 2023, the Passenger Car segment is poised to emerge as the dominant force within the Automotive Torque Rod market. This segment already holds a substantial market share in 2023, fueled by the escalating demand for Passenger cars and a growing emphasis on safety and performance. The increasing focus on safety and performance aspects acts as a catalyst, propelling the Passenger Car segment to a prominent position in the market.

SUVs and crossovers are becoming increasingly popular, and this is also driving the demand for automotive torque rods. These vehicles are heavier than passenger cars, and they require stronger torque rods to support the weight.

How the EVs Market is driving the Automotive Torque Rod Market?

The growing demand for electric vehicles (EVs) is driving the market for automotive torque rods. EVs are heavier than traditional gasoline-powered vehicles and have different suspension requirements, which means they need stronger and more sophisticated torque rods. Efficient torque transfer is crucial in electric vehicles to maximize traction and minimize wheel slippage.

Additionally, EV manufacturers are using new technologies like active suspension systems, which require different types of torque rods that are designed to meet the specific needs of these systems.

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How Key Players Stay Competitive in the Automotive Torque Rod Market?

Key players in the market prioritize high product quality, reliability, and durability to meet strict industry standards. This emphasis allows them to gain a competitive edge by delivering superior performance and enhancing customer satisfaction through their torque rod offerings.

Key Strategies Adopted by the Players

  • Product Innovation

Key players in the market are constantly innovating and developing new technologies to improve the performance and efficiency of torque rods. For example, some companies are developing new materials for torque rods that are stronger and lighter than traditional materials.

  • Strategic Partnerships and Collaborations

It can be a valuable tool for key players in the automotive torque rod market. By forming these partnerships, companies can gain access to new resources, expertise, and markets. This can help them to stay competitive in a rapidly changing market.

  • Expansion into Emerging Markets

The emerging markets of China and India are experiencing remarkable growth in the Automotive Torque Rod market. To capitalize on this potential, major players in the market are strategically expanding their footprint in these markets. They are achieving this by establishing local manufacturing facilities and bolstering their distribution networks, ensuring a strong presence and effective market reach in these dynamic regions.

  • Performance Optimization

Digital solutions optimize automotive torque shaft performance by leveraging data analytics and AI algorithms to identify areas for improvement, and refine designs to meet market demands.

Key Players in the Automotive Torque Rod Market

  • ZF Friedrichshafen AG
  • Astronics Corp
  • Harsons Ventures
  • SOGEFI
  • Magneti Marelli
  • Dorman Products
  • Moog
  • TRW Automotive
  • Revco
  • Hendricksons
  • Pyken Industries
  • Megan racing
  • Hutch

Key Developments in the Automotive Torque Rod Market:

  • In 2022, ZF Friedrichshafen AG has been awarded a contract to supply torque rods for the new BMW M3 and M4. The torque rods are made from lightweight materials and are designed to improve handling and performance.
  • In 2021, ZF Friedrichshafen, a global automotive supplier, has developed a new electric torque rod technology for electric vehicles (EVs). The new technology uses electric motors to provide the torque that is needed to control the suspension. This technology is expected to improve ride comfort and handling in EVs.
  • In 2022, Harsons Ventures, a leading manufacturer of automotive components, has launched a new torque rod for commercial vehicles. The new torque rod is made from high-strength steel and is designed to improve handling and performance.

Segmentation Analysis of the Automotive Torque Rod Market

By Vehicle Type:

  • Passenger Cars
    • Compact
    • Mid-Size
    • Luxury
    • SUV
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Electric Vehicles
  • others

By Application:

  • Front Suspension
  • Rear Suspension
  • Sub frame Mounting

By Material Type:

  • Steel Torque Rods
  • Aluminum Torque Rods
  • Composite Torque Rods

By Sales Channel:

  • OEM
  • Aftermarket

By Torque Rod Type:

  • Fixed Torque rods
  • Adjustable Torque rods
  • Panhard Rods

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Central Asia
  • Russia and Belarus
  • Balkan and Baltic Countries
  • The Middle East & Africa
  • East Asia
  • South Asia and Pacific

Frequently Asked Questions

How Big will be the Market by 2033?

The market is estimated to reach US$ 11,095.4 million by 2033.

Who are the Key Market Players?

Pyken Industries, Megan racing and Hutch are key market players.

What is the current market valuation?

The market is estimated to secure a valuation of US$ 8,256 million in 2023.

What is the Growth Potential of this Market?

The growth potential of this market is 3% through 2033.

What Drives Sales of this Market?

The rising adoption of electric vehicles drives sales.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Technology Roadmap

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Key Success Factors

    4.1. Product Adoption / Usage Analysis

    4.2. Product USPs / Features

    4.3. Strategic Promotional Strategies

5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033

    5.1. Historical Market Volume (Units) Analysis, 2018 to 2022

    5.2. Current and Future Market Volume (Units) Projections, 2023 to 2033

    5.3. Y-o-Y Growth Trend Analysis

6. Global Market - Pricing Analysis

    6.1. Regional Pricing Analysis By Vehicle Type

    6.2. Global Average Pricing Analysis Benchmark

7. Global Market Demand (in Value or Size in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033

    7.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022

    7.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro-Economic Factors

        8.1.1. Global GDP Growth Outlook

        8.1.2. Global Automotive industry Overview

        8.1.3. Manufacturing Value-Added

        8.1.4. Industry Value Added

        8.1.5. Parent Market Outlook

        8.1.6. Other Macro-Economic Factors

    8.2. Forecast Factors - Relevance & Impact

        8.2.1. Top Companies Historical Growth

        8.2.2. GDP Growth forecast

        8.2.3. Manufacturing Industry forecast

        8.2.4. Global Urbanization Growth Outlook

        8.2.5. Business Climate

        8.2.6. Covid-19 Impact Assessment

        8.2.7. End-use Industry Growth Outlook

    8.3. Value Chain

        8.3.1. Product Manufacturers

        8.3.2. End Users

        8.3.3. Avg. Profitability Margins

    8.4. COVID-19 Crisis – Impact Assessment

        8.4.1. Current Statistics

        8.4.2. Short-Mid-Long Term Outlook

        8.4.3. Likely Rebound

    8.5. Market Dynamics

        8.5.1. Drivers

        8.5.2. Restraints

        8.5.3. Opportunity Analysis

    8.6. Global Supply Demand Analysis

    8.7. Key Regulations & Certifications

    8.8. Production Process Overview

    8.9. Trade Scenario

9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type 

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Million) and Volume Analysis By Vehicle Type, 2018 to 2022

    9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Vehicle Type, 2023 to 2033

        9.3.1. Passenger Cars

            9.3.1.1. Compact

            9.3.1.2. Mid-Size

            9.3.1.3. Luxury

            9.3.1.4. SUV

        9.3.2. Light Commercial Vehicle

        9.3.3. Heavy commercial Vehicle

        9.3.4. Others

    9.4. Market Attractiveness Analysis By Vehicle Type

10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Million) and Volume Analysis By Application, 2018 to 2022

    10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Application, 2023 to 2033

        10.3.1. Front Suspension

        10.3.2. Rear Suspension

        10.3.3. Subframe Mounting

    10.4. Market Attractiveness Analysis By Application

11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Million) and Volume Analysis By Material Type, 2018 to 2022

    11.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Material Type, 2023 to 2033

        11.3.1. Steel Torque Rods

        11.3.2. Aluminum Torque Rods

        11.3.3. Composite Torque Rods

    11.4. Market Attractiveness Analysis By Material Type

12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Million) and Volume Analysis By Sales Channel, 2018 to 2022

    12.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Sales Channel, 2023 to 2033

        12.3.1. OEM

        12.3.2. Aftermarket

    12.4. Market Attractiveness Analysis By Sales Channel

13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Torque rod Type

    13.1. Introduction / Key Findings

    13.2. Historical Market Size (US$ Million) and Volume Analysis By Torque rod Type, 2018 to 2022

    13.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Torque rod Type, 2023 to 2033

        13.3.1. Fixed Torque rods

        13.3.2. Adjustable Torque rods

        13.3.3. Panhard rods

    13.4. Market Attractiveness Analysis By Torque rod Type

14. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region

    14.1. Introduction

    14.2. Historical Market Size (US$ Million) and Volume Analysis By Region, 2018 to 2022

    14.3. Current Market Size (US$ Million) and Volume Analysis and Forecast By Region, 2023 to 2033

        14.3.1. North America

        14.3.2. Latin America

        14.3.3. Western Europe

        14.3.4. Eastern Europe

        14.3.5. Central Asia

        14.3.6. Russia & Belarus

        14.3.7. Balkan & Baltic Countries

        14.3.8. East Asia

        14.3.9. South Asia and Pacific

        14.3.10. Middle East and Africa (MEA)

    14.4. Market Attractiveness Analysis By Region

15. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    15.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        15.4.1. By Country

            15.4.1.1. U.S.

            15.4.1.2. Canada

        15.4.2. By Vehicle Type

        15.4.3. By Application

        15.4.4. By Material Type

        15.4.5. By Sales Channel

        15.4.6. By Torque rod Type

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Vehicle Type

        15.5.3. By Application

        15.5.4. By Material Type

        15.5.5. By Sales Channel

        15.5.6. By Torque rod Type

    15.6. Market Trends

    15.7. Key Market Participants - Intensity Mapping

    15.8. Drivers and Restraints - Impact Analysis

16. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    16.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        16.4.1. By Country

            16.4.1.1. Brazil

            16.4.1.2. Mexico

            16.4.1.3. Argentina

            16.4.1.4. Rest of Latin America

        16.4.2. By Vehicle Type

        16.4.3. By Application

        16.4.4. By Material Type

        16.4.5. By Sales Channel

        16.4.6. By Torque rod Type

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Vehicle Type

        16.5.3. By Application

        16.5.4. By Material Type

        16.5.5. By Sales Channel

        16.5.6. By Torque rod Type

    16.6. Market Trends

    16.7. Key Market Participants - Intensity Mapping

    16.8. Drivers and Restraints - Impact Analysis

17. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    17.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        17.4.1. By Country

            17.4.1.1. Germany

            17.4.1.2. Italy

            17.4.1.3. France

            17.4.1.4. U.K.

            17.4.1.5. Spain

            17.4.1.6. BENELUX

            17.4.1.7. NORDICS

            17.4.1.8. Rest of Western Europe

        17.4.2. By Vehicle Type

        17.4.3. By Application

        17.4.4. By Material Type

        17.4.5. By Sales Channel

        17.4.6. By Torque rod Type

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Vehicle Type

        17.5.3. By Application

        17.5.4. By Material Type

        17.5.5. By Sales Channel

        17.5.6. By Torque rod Type

    17.6. Market Trends

    17.7. Key Market Participants - Intensity Mapping

    17.8. Drivers and Restraints - Impact Analysis

18. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    18.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        18.4.1. By Country

            18.4.1.1. Poland

            18.4.1.2. Hungary

            18.4.1.3. Romania

            18.4.1.4. Czech Republic

            18.4.1.5. Rest of Eastern Europe

        18.4.2. By Vehicle Type

        18.4.3. By Application

        18.4.4. By Material Type

        18.4.5. By Sales Channel

        18.4.6. By Torque rod Type

    18.5. Market Attractiveness Analysis

        18.5.1. By Country

        18.5.2. By Vehicle Type

        18.5.3. By Application

        18.5.4. By Material Type

        18.5.5. By Sales Channel

        18.5.6. By Torque rod Type

    18.6. Market Trends

    18.7. Key Market Participants - Intensity Mapping

    18.8. Drivers and Restraints - Impact Analysis

19. Central Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    19.1. Introduction

    19.2. Pricing Analysis

    19.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    19.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        19.4.1. By Vehicle Type

        19.4.2. By Application

        19.4.3. By Material Type

        19.4.4. By Sales Channel

        19.4.5. By Torque rod Type

    19.5. Market Attractiveness Analysis

        19.5.1. By Vehicle Type

        19.5.2. By Application

        19.5.3. By Material Type

        19.5.4. By Sales Channel

        19.5.5. By Torque rod Type

    19.6. Market Trends

    19.7. Key Market Participants - Intensity Mapping

    19.8. Drivers and Restraints - Impact Analysis

20. Russia & Belarus Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    20.1. Introduction

    20.2. Pricing Analysis

    20.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    20.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        20.4.1. By Vehicle Type

        20.4.2. By Application

        20.4.3. By Material Type

        20.4.4. By Sales Channel

        20.4.5. By Torque rod Type

    20.5. Market Attractiveness Analysis

        20.5.1. By Vehicle Type

        20.5.2. By Application

        20.5.3. By Material Type

        20.5.4. By Sales Channel

        20.5.5. By Torque rod Type

    20.6. Market Trends

    20.7. Key Market Participants - Intensity Mapping

    20.8. Drivers and Restraints - Impact Analysis

21. Balkan & Baltic Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    21.1. Introduction

    21.2. Pricing Analysis

    21.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    21.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        21.4.1. By Vehicle Type

        21.4.2. By Application

        21.4.3. By Material Type

        21.4.4. By Sales Channel

        21.4.5. By Torque rod Type

    21.5. Market Attractiveness Analysis

        21.5.1. By Vehicle Type

        21.5.2. By Application

        21.5.3. By Material Type

        21.5.4. By Sales Channel

        21.5.5. By Torque rod Type

    21.6. Market Trends

    21.7. Key Market Participants - Intensity Mapping

    21.8. Drivers and Restraints - Impact Analysis

22. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    22.1. Introduction

    22.2. Pricing Analysis

    22.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    22.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        22.4.1. By Country

            22.4.1.1. China

            22.4.1.2. Japan

            22.4.1.3. South Korea

        22.4.2. By Vehicle Type

        22.4.3. By Application

        22.4.4. By Material Type

        22.4.5. By Sales Channel

        22.4.6. By Torque rod Type

    22.5. Market Attractiveness Analysis

        22.5.1. By Country

        22.5.2. By Vehicle Type

        22.5.3. By Application

        22.5.4. By Material Type

        22.5.5. By Sales Channel

        22.5.6. By Torque rod Type

    22.6. Market Trends

    22.7. Key Market Participants - Intensity Mapping

    22.8. Drivers and Restraints - Impact Analysis

23. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    23.1. Introduction

    23.2. Pricing Analysis

    23.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    23.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        23.4.1. By Country

            23.4.1.1. India

            23.4.1.2. ASEAN

            23.4.1.3. Oceania

            23.4.1.4. Rest of South Asia & Pacific

        23.4.2. By Vehicle Type

        23.4.3. By Application

        23.4.4. By Material Type

        23.4.5. By Sales Channel

        23.4.6. By Torque rod Type

    23.5. Market Attractiveness Analysis

        23.5.1. By Country

        23.5.2. By Vehicle Type

        23.5.3. By Application

        23.5.4. By Material Type

        23.5.5. By Sales Channel

        23.5.6. By Torque rod Type

    23.6. Market Trends

    23.7. Key Market Participants - Intensity Mapping

    23.8. Drivers and Restraints - Impact Analysis

24. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    24.1. Introduction

    24.2. Pricing Analysis

    24.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022

    24.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        24.4.1. By Country

            24.4.1.1. GCC Countries

            24.4.1.2. Türkiye

            24.4.1.3. Northern Africa

            24.4.1.4. South Africa

            24.4.1.5. Rest of Middle East and Africa

        24.4.2. By Vehicle Type

        24.4.3. By Application

        24.4.4. By Material Type

        24.4.5. By Sales Channel

        24.4.6. By Torque rod Type

    24.5. Market Attractiveness Analysis

        24.5.1. By Country

        24.5.2. By Vehicle Type

        24.5.3. By Application

        24.5.4. By Material Type

        24.5.5. By Sales Channel

        24.5.6. By Torque rod Type

    24.6. Market Trends

    24.7. Key Market Participants - Intensity Mapping

    24.8. Drivers and Restraints - Impact Analysis

25. Country-wise Market Analysis 

    25.1. Introduction

        25.1.1. Market Value Proportion Analysis, By Key Countries

        25.1.2. Global Vs. Country Growth Comparison

    25.2. U.S. Market Analysis

        25.2.1. By Vehicle Type

        25.2.2. By Application

        25.2.3. By Material Type

        25.2.4. By Sales Channel

        25.2.5. By Torque rod Type

    25.3. Canada Market Analysis

        25.3.1. By Vehicle Type

        25.3.2. By Application

        25.3.3. By Material Type

        25.3.4. By Sales Channel

        25.3.5. By Torque rod Type

    25.4. Mexico Market Analysis

        25.4.1. By Vehicle Type

        25.4.2. By Application

        25.4.3. By Material Type

        25.4.4. By Sales Channel

        25.4.5. By Torque rod Type

    25.5. Brazil Market Analysis

        25.5.1. By Vehicle Type

        25.5.2. By Application

        25.5.3. By Material Type

        25.5.4. By Sales Channel

        25.5.5. By Torque rod Type

    25.6. Argentina Market Analysis

        25.6.1. By Vehicle Type

        25.6.2. By Application

        25.6.3. By Material Type

        25.6.4. By Sales Channel

        25.6.5. By Torque rod Type

    25.7. Germany Market Analysis

        25.7.1. By Vehicle Type

        25.7.2. By Application

        25.7.3. By Material Type

        25.7.4. By Sales Channel

        25.7.5. By Torque rod Type

    25.8. Italy Market Analysis

        25.8.1. By Vehicle Type

        25.8.2. By Application

        25.8.3. By Material Type

        25.8.4. By Sales Channel

        25.8.5. By Torque rod Type

    25.9. France Market Analysis

        25.9.1. By Vehicle Type

        25.9.2. By Application

        25.9.3. By Material Type

        25.9.4. By Sales Channel

        25.9.5. By Torque rod Type

    25.10. U.K. Market Analysis

        25.10.1. By Vehicle Type

        25.10.2. By Application

        25.10.3. By Material Type

        25.10.4. By Sales Channel

        25.10.5. By Torque rod Type

    25.11. Spain Market Analysis

        25.11.1. By Vehicle Type

        25.11.2. By Application

        25.11.3. By Material Type

        25.11.4. By Sales Channel

        25.11.5. By Torque rod Type

    25.12. NORDICS Market Analysis

        25.12.1. By Vehicle Type

        25.12.2. By Application

        25.12.3. By Material Type

        25.12.4. By Sales Channel

        25.12.5. By Torque rod Type

    25.13. Poland Market Analysis

        25.13.1. By Vehicle Type

        25.13.2. By Application

        25.13.3. By Material Type

        25.13.4. By Sales Channel

        25.13.5. By Torque rod Type

    25.14. Hungary Market Analysis

        25.14.1. By Vehicle Type

        25.14.2. By Application

        25.14.3. By Material Type

        25.14.4. By Sales Channel

        25.14.5. By Torque rod Type

    25.15. Romania Market Analysis

        25.15.1. By Vehicle Type

        25.15.2. By Application

        25.15.3. By Material Type

        25.15.4. By Sales Channel

        25.15.5. By Torque rod Type

    25.16. Czech Republic Market Analysis

        25.16.1. By Vehicle Type

        25.16.2. By Application

        25.16.3. By Material Type

        25.16.4. By Sales Channel

        25.16.5. By Torque rod Type

    25.17. China Market Analysis

        25.17.1. By Vehicle Type

        25.17.2. By Application

        25.17.3. By Material Type

        25.17.4. By Sales Channel

        25.17.5. By Torque rod Type

    25.18. Japan Market Analysis

        25.18.1. By Vehicle Type

        25.18.2. By Application

        25.18.3. By Material Type

        25.18.4. By Sales Channel

        25.18.5. By Torque rod Type

    25.19. S. Korea Market Analysis

        25.19.1. By Vehicle Type

        25.19.2. By Application

        25.19.3. By Material Type

        25.19.4. By Sales Channel

        25.19.5. By Torque rod Type

    25.20. India Market Analysis

        25.20.1. By Vehicle Type

        25.20.2. By Application

        25.20.3. By Material Type

        25.20.4. By Sales Channel

        25.20.5. By Torque rod Type

    25.21. ASEAN Market Analysis

        25.21.1. By Vehicle Type

        25.21.2. By Application

        25.21.3. By Material Type

        25.21.4. By Sales Channel

        25.21.5. By Torque rod Type

    25.22. Australia and New Zealand Market Analysis

        25.22.1. By Vehicle Type

        25.22.2. By Application

        25.22.3. By Material Type

        25.22.4. By Sales Channel

        25.22.5. By Torque rod Type

    25.23. KSA Market Analysis

        25.23.1. By Vehicle Type

        25.23.2. By Application

        25.23.3. By Material Type

        25.23.4. By Sales Channel

        25.23.5. By Torque rod Type

    25.24. UAE Market Analysis

        25.24.1. By Vehicle Type

        25.24.2. By Application

        25.24.3. By Material Type

        25.24.4. By Sales Channel

        25.24.5. By Torque rod Type

    25.25. Northern Africa Market Analysis

        25.25.1. By Vehicle Type

        25.25.2. By Application

        25.25.3. By Material Type

        25.25.4. By Sales Channel

        25.25.5. By Torque rod Type

    25.26. Turkey Market Analysis

        25.26.1. By Vehicle Type

        25.26.2. By Application

        25.26.3. By Material Type

        25.26.4. By Sales Channel

        25.26.5. By Torque rod Type

    25.27. South Africa Market Analysis

        25.27.1. By Vehicle Type

        25.27.2. By Application

        25.27.3. By Material Type

        25.27.4. By Sales Channel

        25.27.5. By Torque rod Type

    25.28. Israel Market Analysis

        25.28.1. By Vehicle Type

        25.28.2. By Application

        25.28.3. By Material Type

        25.28.4. By Sales Channel

        25.28.5. By Torque rod Type

26. Market Structure Analysis

    26.1. Market Analysis by Tier of Companies ()

    26.2. Market Concentration

    26.3. Market Share Analysis of Top Players

    26.4. Production Capacity Analysis

    26.5. Market Presence Analysis

        26.5.1. By Material Type Footprint of Players

        26.5.2. By Regional Footprint of Players

        26.5.3. By Channel Footprint of Players

27. Competition Analysis

    27.1. Competition Dashboard

    27.2. Competition Benchmarking

    27.3. Competition Deep Dive

        27.3.1. ZF Friedrichshafen AG

            27.3.1.1. Overview

            27.3.1.2. Product Portfolio

            27.3.1.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.1.4. Sales Footprint

            27.3.1.5. Strategy Overview

        27.3.2. Astronics Corp

            27.3.2.1. Overview

            27.3.2.2. Product Portfolio

            27.3.2.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.2.4. Sales Footprint

            27.3.2.5. Strategy Overview

        27.3.3. Harsons Ventures

            27.3.3.1. Overview

            27.3.3.2. Product Portfolio

            27.3.3.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.3.4. Sales Footprint

            27.3.3.5. Strategy Overview

        27.3.4. SOGEFI

            27.3.4.1. Overview

            27.3.4.2. Product Portfolio

            27.3.4.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.4.4. Sales Footprint

            27.3.4.5. Strategy Overview

        27.3.5. Magneti Marelli

            27.3.5.1. Overview

            27.3.5.2. Product Portfolio

            27.3.5.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.5.4. Sales Footprint

            27.3.5.5. Strategy Overview

        27.3.6. Dorman Products

            27.3.6.1. Overview

            27.3.6.2. Product Portfolio

            27.3.6.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.6.4. Sales Footprint

            27.3.6.5. Strategy Overview

        27.3.7. Moog

            27.3.7.1. Overview

            27.3.7.2. Product Portfolio

            27.3.7.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.7.4. Sales Footprint

            27.3.7.5. Strategy Overview

        27.3.8. TRW Automotive

            27.3.8.1. Overview

            27.3.8.2. Product Portfolio

            27.3.8.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.8.4. Sales Footprint

            27.3.8.5. Strategy Overview

        27.3.9. Reyco

            27.3.9.1. Overview

            27.3.9.2. Product Portfolio

            27.3.9.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.9.4. Sales Footprint

            27.3.9.5. Strategy Overview

        27.3.10. Hendrickson’s

            27.3.10.1. Overview

            27.3.10.2. Product Portfolio

            27.3.10.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.10.4. Sales Footprint

            27.3.10.5. Strategy Overview

        27.3.11. Pyken Industries

            27.3.11.1. Overview

            27.3.11.2. Product Portfolio

            27.3.11.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.11.4. Sales Footprint

            27.3.11.5. Strategy Overview

        27.3.12. Megan racing

            27.3.12.1. Overview

            27.3.12.2. Product Portfolio

            27.3.12.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.12.4. Sales Footprint

            27.3.12.5. Strategy Overview

        27.3.13. Hutch

            27.3.13.1. Overview

            27.3.13.2. Product Portfolio

            27.3.13.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.13.4. Sales Footprint

            27.3.13.5. Strategy Overview

        27.3.14. Kenworth

            27.3.14.1. Overview

            27.3.14.2. Product Portfolio

            27.3.14.3. Profitability by Market Segments (Product/Channel/Region)

            27.3.14.4. Sales Footprint

            27.3.14.5. Strategy Overview

28. Primary Insights

29. Assumptions and Acronyms Used

30. Research Methodology

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