08-Nov-2022 | Facts and Factors
According to Facts and Factors, the global anti-roll bar market size was estimated to be worth roughly USD 928.75 million in 2021 and is predicted to grow to around USD 1247.91 million by 2028. The global anti-roll bar market is predicted to grow at a CAGR of roughly 4.31% during the forecast period.
Every kind of vehicle has a suspension system that offers a smooth ride and reduces vibration from road imperfections. Its many components include torsion bars, leaf & coil springs, struts, anti-roll bars, shock absorbers, and many more. Additional names for an anti-roll bar are sway bar, anti-sway bar, and stabilizer bar. The short lever arms connecting the left and right wheels, or the opposing wheels, are held together by tension springs. The rods used in anti-roll bar links, which are subject to significant stress loading, increase the suspension's roll robustness. The sway bar or anti-roll bar stabilizes the car when turning and minimizes tilting.
Browse the full “Anti-Roll Bar Market Size, Share, Growth Analysis Report By Product Type (Solid bar & Hollow bar), By Vehicle Type (Passenger Cars, Light Motor Vehicle, Heavy Motor Vehicle), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/anti-roll-bar-market
The global anti-roll bars market is being driven by the rising demand for vehicle production and the passenger automobile industry. Anti-roll bars are often included in trucks with high ground clearance, especially utility vehicles. Utility trucks that use advanced suspension systems are more comfortable. The anti-roll bars of a car's suspension system are essential since they enhance performance and safety. Modern products like electromechanical anti-roll bars for SUVs that are designed with off-road capabilities and good traction control over a variety of terrain types are currently being sold by vendors. Therefore, the rising demand for utility vehicles like SUVs and CUVs throughout the course of the forecast period would positively impact the expansion of the global anti-roll bar market.
The expanding automotive industries are primarily responsible for driving the global market for anti-roll bars. Another reason propelling the global market for anti-roll bars is the rising popularity of sports automobiles. The stiffness, high suspension, and shock absorbers of anti-roll bars are three benefits that are driving demand in the worldwide anti-roll bar market. The global market for anti-roll bars will experience a trend throughout the expected time period as a result of increased expenditure in the automotive sector. Due to the region's expanding automotive industry, the anti-roll bar manufacturer can enhance its share of the worldwide anti-roll bar market by increasing investment.
The COVID-19 pandemic had a modest impact on the anti-roll bar market because of global lockdowns. Due to government subsidies, the demand for compact cars and related markets increased in 2021. To develop production methods, the government and significant industrial participants adopted new safety measures. Technology advancements enhanced the SUV's sales rate because it was marketed to the right group of people. The increase in SUV and sedan sales in the post-pandemic scenario is predicted to further boost market expansion.
The global Anti-Roll Bar market is segmented based on product type, vehicle type, and region.
Based on product type, the market is segmented into solid bar and hollow bar. The hollow bar segment dominated the anti-roll bar market due to its lesser weight and lower stiffness compared to a solid bar, the result is identical to a solid bar. The hollow bar's low price is another significant factor that is anticipated to support its sustained dominance over the predicted period.
Based on vehicle type, the market is segmented into passenger car, light motor vehicle, and heavy motor vehicle. The passenger car segment dominated the global anti-roll bar market because of an increase in the production of passenger cars. The increased consumer preference for a secure and comfortable vehicle is another factor that is projected to boost demand for passenger automobiles.
The Asia Pacific region now has the lion's share of the worldwide anti-roll bar market. Due to the region's rising need for anti-roll bars, a growth in passenger car production is projected. An increase in consumer disposable income and a demand for comfortable driving are two further factors promoting the expansion of passenger automobiles. Predictions indicate that Europe will account for the second-largest market share for anti-roll bars. Due to the region's stringent safety laws, manufacturers are now required to install components that increase the vehicle's safety. Leading manufacturers in this field are focusing on creating lightweight cars that meet the requirements imposed by the authorities. In North America, a significant expansion in the anti-roll bar market is anticipated.
Market Size in 2021
USD 928.75 Million
Projected Market Size in 2028
USD 1247.91 Million
CAGR Growth Rate
Key Market Players
Sway Tec, Thyssenkrupp, Tinsley Bridge, NHK International, Fawer, SAT, Kongsberg Automotive, Dongfeng, TMT (CSR), Yangzhou Dongsheng, Wanxiang, Tower, ZF TRW, ADDCO, AAM, Huayu, TATA, DAEWON, Mubea, Sogefi, Chuo Spring, and others.
By Product Type, Vehicle Type, and Region
Major Regions Covered
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
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List of prominent players in the global anti-roll bar market
- Sway Tec
- Tinsley Bridge
- NHK International
- Kongsberg Automotive
- TMT (CSR)
- Yangzhou Dongsheng
- ZF TRW
- Chuo Spring
- February 2019 – At the CAR-Symposium in Bochum, BENTELER presented itself as a technology partner for steel tube solutions. With over 1200 participants per year, this event has become a renowned trade meeting for the automotive industry. In a presentation accompanied by an exhibition, BENTELER Steel/Tube introduced its lightweight steel tube solutions for the automotive sector. With over 100 years of expertise in steel and tube production, the Steel/Tube division, part of the global BENTELER Group, provides innovative solutions for the future of mobility, among many other products.
The global anti-roll bar market is segmented as follows:
By Product Type
By Vehicle Type
- Passenger Vehicle
- Light motor Vehicle
- Heavy motor Vehicle
- North America
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
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