Market Overview:
The global automotive knuckle arm market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. The global automotive knuckle arm market has been segmented on the basis of type, application and region. On the basis of type, ductile iron type dominates the global automotive knuckle arm market followed by white cast iron type and grey cast iron type respectively. On account of growing demand for commercial vehicles, especially in developing countries such as India and China, commercial vehicle segment is expected to exhibit highest CAGR over forecast period.
Product Definition:
An automotive knuckle arm is a component of the steering system that allows the driver to control the direction of the car. The knuckle arm attaches to the steering wheel and connects to the front wheels, allowing them to turn.
Ductile Iron Type:
Ductile iron type is a casting process used to manufacture various automotive components such as engine blocks, cylinder heads, brake systems and transmission cases. The key driver for the market includes growing demand from Original Equipment Manufacturers (OEMs) in emerging economies of Asia Pacific and Latin America. Ductile iron based products are preferred over their counterparts owing to properties such as high strength-to-weight ratio which helps in better fuel efficiency along with reduced carbon emissions during vehicle operation.
White Cast Iron Type:
White cast iron type is a material that consists of carbon and silicon, with very small amount of other metals mixed in it. It has high thermal conductivity, which helps the heat to quickly leave the casting. This makes white cast iron useful for manufacturing automotive knuckle arm as it can transfer more heat into the cooling system while keeping a constant temperature in the car engine compartment.
Application Insights:
The passenger cars segment accounted for the largest revenue share of over 60% in 2017. The increasing number of purchase transactions for new vehicles in developing countries, such as India and China, on account of rising income levels has led to an increased demand for automotive knuckle arms. In addition, the growing importance of comfort and convenience by consumers is expected to boost product demand across all vehicle types including commercial vehicles.
The commercial vehicles segment is projected to witness significant growth over the forecast period owing to a rise in demand from countries with stringent emission norms such as Europe and North America. In addition, these products are used across various applications including buses/coaches, trucks/lorries (light & heavy), marine vessels & ships (light & heavy), trains (locomotive only) among others which include construction equipment like excavators and loaders among other machinery or equipment that requires support during operation at high angles off-center or when lifting loads above its center of gravity height range.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of volume owing to increasing production facilities and rising demand from developing countries, such as India, China, Thailand, Indonesia among others.
The European market was valued at USD X billion in 2017 and is projected to grow at a CAGR of XX% during the forecast period due to stringent regulations by government agencies regarding vehicle pollution levels coupled with growing environmental awareness among consumers. Moreover, technological advancements related to fuel economy are anticipated to further drive product demand over the coming years.
Latin America held a significant share in global automotive knuckle armature manufacturing industry on account of increasing automobile production levels along with high consumer preference towards these products for their enhanced strength properties compared with other types of arms offered by competitors’ This factor is likely going contribute toward regional growth during the estimated time span.
Growth Factors:
- Increasing demand for luxury and sports cars
- Rising disposable income of consumers in developing countries
- Technological advancements in automotive industry
- Growing popularity of knuckle arm suspensions among car enthusiasts
- Stringent emission norms by regulatory authorities
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Knuckle Arm Market Research Report
By Type
Ductile Iron Type, White Cast Iron Type, Grey Cast Iron Type
By Application
Passenger Cars, Commercial Vehicles
By Companies
ThyssenKrupp (Germany), Nissin Kogyo (Japan), IJT Technology Holdings (Japan), Ahresty (Japan), Riken (Japan), Teksid (Italy), Metalart (Japan), Aska (Japan), Yanagawa Seiki (Japan), ILJIN (Korea), ThyssenKrupp (Germany)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Knuckle Arm Market Report Segments:
The global Automotive Knuckle Arm market is segmented on the basis of:
Types
Ductile Iron Type, White Cast Iron Type, Grey Cast Iron Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ThyssenKrupp (Germany)
- Nissin Kogyo (Japan)
- IJT Technology Holdings (Japan)
- Ahresty (Japan)
- Riken (Japan)
- Teksid (Italy)
- Metalart (Japan)
- Aska (Japan)
- Yanagawa Seiki (Japan)
- ILJIN (Korea)
- ThyssenKrupp (Germany)
Highlights of The Automotive Knuckle Arm Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ductile Iron Type
- White Cast Iron Type
- Grey Cast Iron Type
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Knuckle Arm Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive Knuckle Arm is a type of suspension system that uses knuckles to connect the upper and lower control arms. This system allows for more accurate handling and prevents excessive body roll.
Some of the key players operating in the automotive knuckle arm market are ThyssenKrupp (Germany), Nissin Kogyo (Japan), IJT Technology Holdings (Japan), Ahresty (Japan), Riken (Japan), Teksid (Italy), Metalart (Japan), Aska (Japan), Yanagawa Seiki (Japan), ILJIN (Korea), ThyssenKrupp (Germany).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Knuckle Arm Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Knuckle Arm Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Knuckle Arm Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Knuckle Arm Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Knuckle Arm Market Size & Forecast, 2018-2028
4.5.1 Automotive Knuckle Arm Market Size and Y-o-Y Growth
4.5.2 Automotive Knuckle Arm Market Absolute $ Opportunity
Chapter 5 Global Automotive Knuckle Arm Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Knuckle Arm Market Size Forecast by Type
5.2.1 Ductile Iron Type
5.2.2 White Cast Iron Type
5.2.3 Grey Cast Iron Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Knuckle Arm Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Knuckle Arm Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Knuckle Arm Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Knuckle Arm Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Knuckle Arm Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Knuckle Arm Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Knuckle Arm Market Size Forecast by Type
9.6.1 Ductile Iron Type
9.6.2 White Cast Iron Type
9.6.3 Grey Cast Iron Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Knuckle Arm Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Knuckle Arm Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Knuckle Arm Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Knuckle Arm Market Size Forecast by Type
10.6.1 Ductile Iron Type
10.6.2 White Cast Iron Type
10.6.3 Grey Cast Iron Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Knuckle Arm Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Knuckle Arm Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Knuckle Arm Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Knuckle Arm Market Size Forecast by Type
11.6.1 Ductile Iron Type
11.6.2 White Cast Iron Type
11.6.3 Grey Cast Iron Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Knuckle Arm Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Knuckle Arm Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Knuckle Arm Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Knuckle Arm Market Size Forecast by Type
12.6.1 Ductile Iron Type
12.6.2 White Cast Iron Type
12.6.3 Grey Cast Iron Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Knuckle Arm Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Knuckle Arm Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Knuckle Arm Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Knuckle Arm Market Size Forecast by Type
13.6.1 Ductile Iron Type
13.6.2 White Cast Iron Type
13.6.3 Grey Cast Iron Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Knuckle Arm Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Knuckle Arm Market: Competitive Dashboard
14.2 Global Automotive Knuckle Arm Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ThyssenKrupp (Germany)
14.3.2 Nissin Kogyo (Japan)
14.3.3 IJT Technology Holdings (Japan)
14.3.4 Ahresty (Japan)
14.3.5 Riken (Japan)
14.3.6 Teksid (Italy)
14.3.7 Metalart (Japan)
14.3.8 Aska (Japan)
14.3.9 Yanagawa Seiki (Japan)
14.3.10 ILJIN (Korea)
14.3.11 ThyssenKrupp (Germany)
