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According to the latest research, the global Automotive Control Arm market size was valued at USD 3265.94 million in 2022 and is expected to expand at a CAGR of 4.49% during the forecast period, reaching USD 4251.58 million by 2028.
In automotive suspension, a control arm, also known as an A-arm, is a hinged suspension link between the chassis and the suspension upright or hub that carries the wheel. The inboard (chassis) end of a control arm is attached by a single pivot. This report analyzed the annual revenue of Automotive Control Arm types such as Cast Iron Control Arms, Cast Aluminum Control Arms and Stamped Steel Control Arms.
Sales of automotive aftermarket parts have taken a hit. With the economy in recession due to COVID-19, people are staying home and putting less wear and tear on their cars, cutting into demand for parts. Vehicle miles traveled (VMT), the biggest driver of auto parts demand, is likely to remain low for a long time as telework and online shopping become more prominent in society.
Social distancing measures have dramatically cut vehicle miles traveled, and many people are suddenly working from home and relying on e-commerce. Behavioral changes around commuting and e-commerce will persist and will continue to shape the way people use their cars. The continued decline in driving will have a significant impact on automotive industry players, including declining vehicle sales, assembly plant closures, declining gasoline consumption and aftermarket parts sales, to name a few.
The automotive aftermarket is usually the most recession-proof part of the automotive industry. That's because its size depends largely on the size of the auto market, not on new vehicle sales. When economic pressures cause drivers to delay buying new vehicles, repairs to existing (and older) vehicles become even more important. Some new factors will have a positive impact on aftermarket sales. For example, government stimulus programs and declining used vehicle prices may have a positive stabilizing impact. The trick for parts suppliers will be to cut costs to reflect the current drop in demand and to prepare for an explosion in demand in a year or two. ZF Friedrichshafen announced in May 2020 that it plans to axe up to 15,000 jobs by 2025.
Protecting the health of consumers and the workforce is a top priority for businesses and governments. For manufacturers in hard-hit areas, plant closures (full or partial) can last a long time. In the meantime, this will be a critical time to explore proactive deployment of automation technologies (e.g., collaborative robots, autonomous material handling, industrial IoT) to reduce worker density across operations.
Lightweight design of control arm
The control arm of suspension system mainly adopts cast aluminum, forged aluminum or carbon fiber composite control arm to achieve light weight. Control arm is the main component of the automotive suspension system, the rationality of its design structure and manufacturing quality plays a decisive role in the safety and comfort of the car. At present, the control arm is mainly made of iron and steel, and some models gradually adopt forged aluminum control arm, and the penetration rate of aluminum control arm is expected to gradually increase in the future. Control arms and other chassis products using aluminum alloy lightweight, although the short-term cost has increased, but the reduction of fuel consumption brings fuel savings, in addition to comfort, handling improvement, from the cost benefit point of view to measure is a reasonable measure, is expected to be gradually promoted and applied. In addition, in new energy vehicles, weight reduction can increase the range, so the chassis lightweighting of new energy vehicles is developing rapidly.
Chassis lightweighting is still in the early stage of development, the current penetration rate is relatively low, there is still a large development space. With the increase of penetration rate and the expansion of scale effect, the cost is expected to be reduced slightly.
Region Overview:
In global comparison, a significant portion of the revenue was generated in Asia Pacific (39.87% in 2022).
Company Overview:
ZF is one of the major players operating in the Automotive Control Arm market, holding a share of 6.63% in 2023.
ZF
ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. In the four technology domains Vehicle Motion Control, Integrated Safety, Automated Driving, and Electric Mobility, ZF offers comprehensive solutions for established vehicle manufacturers and newly emerging transport and mobility service providers.
Magna International Inc.
Magna International Inc. is a mobility technology company. The Company’s segments include Body Exteriors & Structures, Power & Vision, Seating System and Complete Vehicles. Its product capabilities include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mirrors & lighting, mechatronics and roof systems. Its products include sealing systems, sliding folding and modular roofs, active aerodynamics, lightweight composites, fuel systems, engineered glass, body systems, electronic controllers, interior mirrors, exterior mirrors, tail lamps, small lighting, seat structures, door systems, power closure systems, mechanism & hardware solutions, foam & trim products, complete vehicle manufacturing, engineering services and fuel systems.
Segmentation Overview:
By type, Cast Iron Control Arms segment accounted for the largest share of market in 2022.
Application Overview:
By application, the MacPherson Strut Suspension segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Automotive Control Arm industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Automotive Control Arm. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Automotive Control Arm Market Report Include:
Market Size Estimates: Automotive Control Arm market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Automotive Control Arm market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Automotive Control Arm market
Segment Market Analysis: Automotive Control Arm market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Automotive Control Arm market situations and prospects in major and top regions and countries
Automotive Control Arm Market
Automotive Control Arm Industry Chain: Automotive Control Arm market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Automotive Control Arm Industry News, Policies by regions
Automotive Control Arm Industry Porters Five Forces Analysis
Key players in the global Automotive Control Arm market are covered in Chapter 2:
ACDelco
Yorozu
SANKEI Industry
Sidem
Saint Jean Industries
Multimatic Inc.
GMB
Bharat Forge
OCAP
Futaba Industrial Co. Ltd.
RTS
Benteler
Wang Jin Machinery
THK RHYTHM
GESTAMP AUTOMOCION SA
Magneti Marelli
Magna International Inc.
Delphi Automotive
Schaeffler AG
Martinrea
DURA Automotive Systems
ZF
In Chapter 6 and Chapter 9, on the basis of types, the Automotive Control Arm market from 2018 to 2028 is primarily split into:
Cast Iron Control Arms
Cast Aluminum Control Arms
Stamped Steel Control Arms
In Chapter 7 and Chapter 10, on the basis of applications, the Automotive Control Arm market from 2018 to 2028 covers:
MacPherson strut
Multi-link suspension
Double Wishbone Suspension
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Automotive Control Arm market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Automotive Control Arm industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Automotive Control Arm market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Automotive Control Arm industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Automotive Control Arm market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Automotive Control Arm market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Automotive Control Arm market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
In automotive suspension, a control arm, also known as an A-arm, is a hinged suspension link between the chassis and the suspension upright or hub that carries the wheel. The inboard (chassis) end of a control arm is attached by a single pivot. This report analyzed the annual revenue of Automotive Control Arm types such as Cast Iron Control Arms, Cast Aluminum Control Arms and Stamped Steel Control Arms.
Sales of automotive aftermarket parts have taken a hit. With the economy in recession due to COVID-19, people are staying home and putting less wear and tear on their cars, cutting into demand for parts. Vehicle miles traveled (VMT), the biggest driver of auto parts demand, is likely to remain low for a long time as telework and online shopping become more prominent in society.
Social distancing measures have dramatically cut vehicle miles traveled, and many people are suddenly working from home and relying on e-commerce. Behavioral changes around commuting and e-commerce will persist and will continue to shape the way people use their cars. The continued decline in driving will have a significant impact on automotive industry players, including declining vehicle sales, assembly plant closures, declining gasoline consumption and aftermarket parts sales, to name a few.
The automotive aftermarket is usually the most recession-proof part of the automotive industry. That's because its size depends largely on the size of the auto market, not on new vehicle sales. When economic pressures cause drivers to delay buying new vehicles, repairs to existing (and older) vehicles become even more important. Some new factors will have a positive impact on aftermarket sales. For example, government stimulus programs and declining used vehicle prices may have a positive stabilizing impact. The trick for parts suppliers will be to cut costs to reflect the current drop in demand and to prepare for an explosion in demand in a year or two. ZF Friedrichshafen announced in May 2020 that it plans to axe up to 15,000 jobs by 2025.
Protecting the health of consumers and the workforce is a top priority for businesses and governments. For manufacturers in hard-hit areas, plant closures (full or partial) can last a long time. In the meantime, this will be a critical time to explore proactive deployment of automation technologies (e.g., collaborative robots, autonomous material handling, industrial IoT) to reduce worker density across operations.
Lightweight design of control arm
The control arm of suspension system mainly adopts cast aluminum, forged aluminum or carbon fiber composite control arm to achieve light weight. Control arm is the main component of the automotive suspension system, the rationality of its design structure and manufacturing quality plays a decisive role in the safety and comfort of the car. At present, the control arm is mainly made of iron and steel, and some models gradually adopt forged aluminum control arm, and the penetration rate of aluminum control arm is expected to gradually increase in the future. Control arms and other chassis products using aluminum alloy lightweight, although the short-term cost has increased, but the reduction of fuel consumption brings fuel savings, in addition to comfort, handling improvement, from the cost benefit point of view to measure is a reasonable measure, is expected to be gradually promoted and applied. In addition, in new energy vehicles, weight reduction can increase the range, so the chassis lightweighting of new energy vehicles is developing rapidly.
Chassis lightweighting is still in the early stage of development, the current penetration rate is relatively low, there is still a large development space. With the increase of penetration rate and the expansion of scale effect, the cost is expected to be reduced slightly.
Region Overview:
In global comparison, a significant portion of the revenue was generated in Asia Pacific (39.87% in 2022).
Company Overview:
ZF is one of the major players operating in the Automotive Control Arm market, holding a share of 6.63% in 2023.
ZF
ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. In the four technology domains Vehicle Motion Control, Integrated Safety, Automated Driving, and Electric Mobility, ZF offers comprehensive solutions for established vehicle manufacturers and newly emerging transport and mobility service providers.
Magna International Inc.
Magna International Inc. is a mobility technology company. The Company’s segments include Body Exteriors & Structures, Power & Vision, Seating System and Complete Vehicles. Its product capabilities include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mirrors & lighting, mechatronics and roof systems. Its products include sealing systems, sliding folding and modular roofs, active aerodynamics, lightweight composites, fuel systems, engineered glass, body systems, electronic controllers, interior mirrors, exterior mirrors, tail lamps, small lighting, seat structures, door systems, power closure systems, mechanism & hardware solutions, foam & trim products, complete vehicle manufacturing, engineering services and fuel systems.
Segmentation Overview:
By type, Cast Iron Control Arms segment accounted for the largest share of market in 2022.
Application Overview:
By application, the MacPherson Strut Suspension segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Automotive Control Arm industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Automotive Control Arm. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Automotive Control Arm Market Report Include:
Market Size Estimates: Automotive Control Arm market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Automotive Control Arm market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Automotive Control Arm market
Segment Market Analysis: Automotive Control Arm market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Automotive Control Arm market situations and prospects in major and top regions and countries
Automotive Control Arm Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Automotive Control Arm Industry Chain: Automotive Control Arm market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Automotive Control Arm Industry News, Policies by regions
Automotive Control Arm Industry Porters Five Forces Analysis
Key players in the global Automotive Control Arm market are covered in Chapter 2:
ACDelco
Yorozu
SANKEI Industry
Sidem
Saint Jean Industries
Multimatic Inc.
GMB
Bharat Forge
OCAP
Futaba Industrial Co. Ltd.
RTS
Benteler
Wang Jin Machinery
THK RHYTHM
GESTAMP AUTOMOCION SA
Magneti Marelli
Magna International Inc.
Delphi Automotive
Schaeffler AG
Martinrea
DURA Automotive Systems
ZF
In Chapter 6 and Chapter 9, on the basis of types, the Automotive Control Arm market from 2018 to 2028 is primarily split into:
Cast Iron Control Arms
Cast Aluminum Control Arms
Stamped Steel Control Arms
In Chapter 7 and Chapter 10, on the basis of applications, the Automotive Control Arm market from 2018 to 2028 covers:
MacPherson strut
Multi-link suspension
Double Wishbone Suspension
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Automotive Control Arm market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Automotive Control Arm industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Automotive Control Arm market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Automotive Control Arm industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Automotive Control Arm market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Automotive Control Arm market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Automotive Control Arm market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
