Market Overview:
The global truck stabilizer bar market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for commercial vehicles, especially in the Asia Pacific region. The market is segmented on the basis of type, application and region. On the basis of type, it is divided into solid and hollow bars. Solid bars are more popular among end users as they provide better stability than hollow bars. On the basis of application, it is classified into 3-8 MT trucks, 8-12 MT trucks and more than 12 MT trucks segments. The 8-12 MT truck segment dominates the global truck stabilizer bar market due to increased demand for commercial vehicles with higher payload capacity in developed countries such as North America and Europe .
Product Definition:
A truck stabilizer bar is a metal bar that attaches between the frame of a truck and the axle. Its purpose is to reduce body roll and keep the truck more stable when turning or going over bumps.
Solid:
Solid is a material that has mass and takes up space. It can be a solid, liquid or gas. The most common examples of solids are wood, concrete, plastic and metal. Some other examples of solid are sugar, sand (in the case of granular type), water (in the case of liquid) and ice cream (in the case of frozen).
Hollow:
The hollow part is used in the truck stabilizer bar market to reduce the vibrations or shocks that occur when driving over rough roads. The shock absorbers or vibration dampeners are made up of different materials including rubber, airbags, springs and others. The material selection depends on the weight of the vehicle and road conditions where it will be installed.
Application Insights:
The 3-8 MT application segment dominated the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand from construction, mining and agricultural activities. In addition, increasing utilization of stabilizer bars for supporting heavy loads on trucks is projected to boost product demand over the coming years.
The 8-16 MT application segment accounted for a major share in 2017 and is expected to grow at a steady CAGR from 2018 to 2030 due largely on increased utilization of these vehicles for transporting goods across various regions coupled with stringent regulations regarding maximum permissible load (MPW) on trucks across countries such as India, China and Australia.
Regional Analysis:
The Asia Pacific region dominated the global truck stabilizer bar market in 2017. The growth is attributed to increasing investments in infrastructure and manufacturing facilities by foreign as well as domestic players. In addition, rising demand for commercial vehicles including trucks is expected to drive the regional market over the forecast period.
North America accounted for a significant share of revenue in 2017 owing to high demand from U.S., which has one of the largest road networks across the globe facilitating easy access for heavy-duty trucks including buses, ambulances, fire engines and other commercial vehicles among others. Moreover, presence of key manufacturers such as General Motors; Navistar International Corporation; Cargill Inc.; International Truck & Engine Corp.; and Cummins Inc., will fuel product adoption over next eight years (2018 - 2030).
Growth Factors:
- Increasing demand for commercial vehicles: The global truck market is expected to grow at a CAGR of 5.5% from 2016 to 2021. This will lead to an increase in the demand for truck stabilizer bars as well.
- Technological advancements: With the advent of new technologies, truck manufacturers are looking for ways to improve the stability and handling of their vehicles. Truck stabilizer bars are becoming increasingly popular as they help achieve this goal.
- Regulations mandating use of truck stabilizers: Several countries have started implementing regulations that mandate the use of truck stabilizers while driving on certain types of roads or highways. This is likely to further boost the demand for these products in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Truck Stabilizer Bar Market Research Report
By Type
Solid, Hollow
By Application
3-8 MT, More than 8 MT, Less than 3 MT
By Companies
ZF, Chuo Spring, Sogefi, Huayu, Mubea, AAM, Thyssenkrupp, DAEWON, NHK International, Yangzhou Dongsheng, Wanxiang, Tata, Kongsberg Automotive, SAT, ADDCO, SwayTec, Tinsley Bridge, Fawer, Dongfeng, TMT（CSR）
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Truck Stabilizer Bar Market Report Segments:
The global Truck Stabilizer Bar market is segmented on the basis of:
Types
Solid, Hollow
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
3-8 MT, More than 8 MT, Less than 3 MT
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:
- ZF
- Chuo Spring
- Sogefi
- Huayu
- Mubea
- AAM
- Thyssenkrupp
- DAEWON
- NHK International
- Yangzhou Dongsheng
- Wanxiang
- Tata
- Kongsberg Automotive
- SAT
- ADDCO
- SwayTec
- Tinsley Bridge
- Fawer
- Dongfeng
- TMT（CSR）
Highlights of The Truck Stabilizer Bar 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:
- Solid
- Hollow
- By Application:
- 3-8 MT
- More than 8 MT
- Less than 3 MT
- 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 Truck Stabilizer Bar 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.
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- Correctly Positioning New Products
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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?
A truck stabilizer bar is a metal or plastic bar that attaches to the front and rear of a truck, typically on the frame, to help keep it from moving.
Some of the major companies in the truck stabilizer bar market are ZF, Chuo Spring, Sogefi, Huayu, Mubea, AAM, Thyssenkrupp, DAEWON, NHK International, Yangzhou Dongsheng, Wanxiang, Tata, Kongsberg Automotive, SAT, ADDCO, SwayTec, Tinsley Bridge, Fawer, Dongfeng, TMT（CSR）.
The truck stabilizer bar market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Truck Stabilizer Bar 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 Truck Stabilizer Bar Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Truck Stabilizer Bar 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 Truck Stabilizer Bar 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 Truck Stabilizer Bar Market Size & Forecast, 2018-2028
4.5.1 Truck Stabilizer Bar Market Size and Y-o-Y Growth
4.5.2 Truck Stabilizer Bar Market Absolute $ Opportunity
Chapter 5 Global Truck Stabilizer Bar 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 Truck Stabilizer Bar Market Size Forecast by Type
5.2.1 Solid
5.2.2 Hollow
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Truck Stabilizer Bar 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 Truck Stabilizer Bar Market Size Forecast by Applications
6.2.1 3-8 MT
6.2.2 More than 8 MT
6.2.3 Less than 3 MT
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Truck Stabilizer Bar 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 Truck Stabilizer Bar 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 Truck Stabilizer Bar Analysis and Forecast
9.1 Introduction
9.2 North America Truck Stabilizer Bar 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 Truck Stabilizer Bar Market Size Forecast by Type
9.6.1 Solid
9.6.2 Hollow
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 Truck Stabilizer Bar Market Size Forecast by Applications
9.10.1 3-8 MT
9.10.2 More than 8 MT
9.10.3 Less than 3 MT
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 Truck Stabilizer Bar Analysis and Forecast
10.1 Introduction
10.2 Europe Truck Stabilizer Bar 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 Truck Stabilizer Bar Market Size Forecast by Type
10.6.1 Solid
10.6.2 Hollow
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 Truck Stabilizer Bar Market Size Forecast by Applications
10.10.1 3-8 MT
10.10.2 More than 8 MT
10.10.3 Less than 3 MT
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 Truck Stabilizer Bar Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Truck Stabilizer Bar 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 Truck Stabilizer Bar Market Size Forecast by Type
11.6.1 Solid
11.6.2 Hollow
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 Truck Stabilizer Bar Market Size Forecast by Applications
11.10.1 3-8 MT
11.10.2 More than 8 MT
11.10.3 Less than 3 MT
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 Truck Stabilizer Bar Analysis and Forecast
12.1 Introduction
12.2 Latin America Truck Stabilizer Bar 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 Truck Stabilizer Bar Market Size Forecast by Type
12.6.1 Solid
12.6.2 Hollow
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 Truck Stabilizer Bar Market Size Forecast by Applications
12.10.1 3-8 MT
12.10.2 More than 8 MT
12.10.3 Less than 3 MT
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) Truck Stabilizer Bar Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Truck Stabilizer Bar 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) Truck Stabilizer Bar Market Size Forecast by Type
13.6.1 Solid
13.6.2 Hollow
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) Truck Stabilizer Bar Market Size Forecast by Applications
13.10.1 3-8 MT
13.10.2 More than 8 MT
13.10.3 Less than 3 MT
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 Truck Stabilizer Bar Market: Competitive Dashboard
14.2 Global Truck Stabilizer Bar Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZF
14.3.2 Chuo Spring
14.3.3 Sogefi
14.3.4 Huayu
14.3.5 Mubea
14.3.6 AAM
14.3.7 Thyssenkrupp
14.3.8 DAEWON
14.3.9 NHK International
14.3.10 Yangzhou Dongsheng
14.3.11 Wanxiang
14.3.12 Tata
14.3.13 Kongsberg Automotive
14.3.14 SAT
14.3.15 ADDCO
14.3.16 SwayTec
14.3.17 Tinsley Bridge
14.3.18 Fawer
14.3.19 Dongfeng
14.3.20 TMT（CSR）
