Global anti-roll bar market size expected to grow USD 1.9 billion by

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New York, U.S., Oct. 04, 2022 (GLOBE NEWSWIRE) — The Global anti-roll bar market estimated at US$890 million in 2021, is expected to reach a revised size of US$1.9 billion by 2030, growing at a CAGR of 4.3%. According to the latest research report from Spherical knowledge and advice.

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Vehicle handling, comfort and safety are all enhanced by the suspension system, which is why it is so important. Modern suspension systems now include anti-roll bars for better handling and increased vehicle safety. During a sharp turn at high speed, the car’s anti-roll bar stabilizes it and prevents it from leaning too much. When the car turns while leaning to one side, the anti-roll bar is in action. It provides counterweight to the opposite wheel using the suspension and prevents the car from rolling off the road.

The global market for anti-roll bar linkages is driven by the growing need for vehicle production and the passenger car industry. Demand for anti-roll bars is indirectly driven by the passenger car segment, which is expected to remain the largest for automotive suspensions. The automotive sector is also developing well, especially in countries like the United States, Mexico and the United Kingdom. which help fuel the large annual production of anti-roll bars and lightweight suspension components.

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The anti-roll bar helps to reduce body roll, thus improving vehicle ride comfort. During the projected period, the market is expected to be driven by increased customer preference for safe and convenient handling. Another element that is expected to propel the anti-roll bar market during the projected period is that of anti-roll bar is the low price. The production of lightweight anti-roll bars made from composite materials is a key objective for large manufacturers. This is yet another element driving the Anti Roll Bars market over the anticipated period.

The hollow bar segment has dominated the global anti-roll bar market due to its lighter and less stiff properties than the solid bar, the result is the same as a solid bar. The passenger car segment has been dominating the global anti-roll bar market owing to the increase in passenger car manufacturing. The Asia-Pacific region dominates the market share of the global anti-roll bar market due to the growing need for anti-roll bars in this region which is expected to increase as the production of passenger cars increases. Another element fueling the expansion of passenger cars is rising consumer disposable income and a growing preference for comfortable driving.

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The Asia-Pacific region dominates the market share of the global anti-roll bar market due to the growing need for anti-roll bars in this region which is expected to increase as the production of passenger cars increases. Another element fueling the expansion of passenger cars is rising consumer disposable income and a growing preference for comfortable driving.

Browse key industry information spread across 220 pages with 119 market data tables, plus figures and charts from the report “Global anti-roll bar market Size, Share and Trends, COVID-19 Impact Analysis Report, By Product Type (Solid Bar & Hollow Bar), By Vehicle Type (Passenger Cars, Light Motor Vehicle, Heavy Motor Vehicle): By Region (United States, Canada, Mexico, rest of North America, United Kingdom, France, Germany, Italy, Spain, Nordic countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, Netherlands , Luxembourg), Rest of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia) , Saudi Arabia, United Arab Emirates, Egypt, Kuwait, South Africa, Rest of Middle East and Africa, Brazil, Argentina, Rest of Latin America) – Global Outlook, Growth, Size, Benchmarking, Trends and Forecast, 2021- 2030”, in detail with the table of contents https://www.sphericalinsights.com/reports/anti-roll-bar-market

Key companies and recent developments: Partnerships, strategic mergers and acquisitions are expected to be the most effective strategies for industry players to gain rapid access to growing markets while improving technological capabilities. Major companies profiled in this report are Sway Tec, Thyssenkrupp, Mubea, Tinsley Bridge, Wanxiang, NHK International, SAT, Kongsberg Automotive, Dongfeng, TMT (CSR), Yangzhou Dongsheng, Tower, ZF TRW, ADDCO, AAM, Huayu, TATA , DAEWON, Fawer, Sogefi and Chuo Spring and others.

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