Publish Date: September 2026
Updated Tariff & Recession Risk Analysis and Forecasts
The Car Steering & Suspension Parts Making Market Report covers the $17.4 billion industry which produces components controlling vehicle handling, ride quality, and directional control spanning steering gears, suspension arms, dampers, and related elements. Competitive structure features global chassis system suppliers alongside specialized manufacturers addressing particular component categories or performance segments. Market demands increasingly emphasize weight reduction supporting fuel efficiency, tuning flexibility supporting diverse vehicle applications, durability enhancing reliability and lifecycle cost, and increasingly integration with electronic systems enabling advanced functionality including autonomous capabilities. Manufacturers face challenges balancing mechanical engineering requirements, safety-critical quality standards, material selection optimizing weight and strength, and significant tariff implications affecting both material inputs and international market access. Successful companies establish advantages through advanced engineering optimizing performance characteristics, manufacturing precision ensuring consistent quality, comprehensive testing validating durability, and increasingly electronic integration capabilities supporting modern vehicle architectures in a sector where safety reputation and performance specifications drive supplier selection decisions.
Car Steering & Suspension Parts Making Industry Definition
Car Steering & Suspension Parts Making produces components that control vehicle direction and ride quality, including steering systems, shock absorbers, struts, control arms, and related chassis components. Companies design and manufacture precision parts that affect handling, stability, and comfort with appropriate durability and performance characteristics. Manufacturing processes include metal forming, precision machining, rubber and plastic molding, assembly of multiple components, and durability testing under simulated road conditions. These businesses create essential safety-critical systems for vehicle control. The industry continuously improves ride quality, handling precision, durability, and increasingly focuses on integration with electronic stability and driver assistance systems while developing lightweight materials.
NAICS Code: 33633
Total # of Companies: 218
Total # of Factories / Facilities: 263
Industry Employees: 40,038
Market Size: $17.4 billion
TARIFF IMPACT (Summer 2025 – Download Report for Updated Analysis)
This report has in-depth analysis on the recent US tariff changes on material costs, quantifying import dependencies, tariff exposure rates, and key source countries for the car steering & suspension parts making sector.
Estimated Tariff Cost: $1.2 billion
Relative Tariff Impact: SEVERE
Car Steering & Suspension Parts Making Report Format
The 2026 U.S. Car Steering & Suspension Parts Making Market Report is 63 pages of deep insights into the trends, dynamics, and forecasts shaping the industry. This market report is utilized by professionals to gain a in-depth understanding of the sector for business strategy, planning, forecasting, benchmarking, industry analysis, valuations, identifying organizational inefficiencies, financial analysis, and more.
The report has over 100 industry statistical data sets with historicals (2017-2025), trend analysis, and forecasts for 2026 and the next 5 years. The report includes market size & growth, detailed breakdown on 26 expenses, financial ratio benchmarks, extensive forecasts, plant inventory analysis, detailed breakdown of 31 balance sheet items, company segmentation analysis, competitive intensity analysis, production material costs, profitability analysis, state benchmarks, plant productivity benchmarks, workforce composition, 4 years of inflation analysis, compensation analysis, revenue per employee trends, and much more.
Below are a few page images from the report and check out the table of contents for a complete overview.
Report Table of Contents
Evaluate the table of contents to understand the comprehensive insights in the report and why thousands of professionals and executives count on Kentley Insights for their industry research.
The sources for the report data include federal and private surveys completed by the majority of companies in the sector covering extensive financial and operational topics for the car steering & suspension parts making sector. Our analysts develop the forecasts utilizing econometric models based on historical statistical analysis, industry trends and dynamics, macroeconomic analysis & forecasts.
1-2 – Market Report Overview & Contents
3 – Market Overview
– Data Sources, Industry Definition & Market Commentary
4 – Market Synopsis – Revenue & Growth
5 – Market Synopsis – Costs & Profitability
SECTION ONE
REVENUE & GROWTH ANALYSIS
7 – Market Size Details
– Industry Revenues, Companies & Facilities
– Trend Analysis 2017-2025
– 2026 & 2030 Forecasts
8 – Growth Benchmarks
– Sales per Company & Plant
– Trend Analysis 2017-2025
– 2026 & 2030 Forecasts
9 – Product Lines Revenue
– Percentage of Revenue from Product Lines
10 – BCG Matrix – Net Income vs. Revenue Growth
– Subsectors vs. Industry
11 – Total Sales by Month & Year
– 2021-2025 Sales per Month
12 – Inventory Value by Month & Year
– Inventory Value per Month for 2021-2025
13 – Months of Inventory
– Months of Inventory per Month for 2021-2025
14 – Sector Revenue by Segments
– Concentration Segments by Top Companies
– Business Size Segments
– Business Structure Segments
15 – Market Size by State
16 – Market Size as a % of State GDP
17 – Sales as a % of State Manufacturing
18 – Market Segmentation by Business Size
19 – Market Segmentation by Business Size
– Business Size Segments – 1-4, 5-9, 10-20, 21-50, 51-100, 101-250, & 250+ employees
– Companies, Facilities, Sales, Employees & Payroll
20 – Segmentation by Concentration (Top 50 Companies)
– Concentration Segments – Top 4, 5-8, 9-20, & 21-50 companies
– Companies, Facilities, Sales, Employees & Payroll
21 – Market Share of Top 50 Companies
22 – Subsector Market Share of Top 50 Companies
23 – Segmentation by Business Structure
– Business Structure Segments – C-Corporations, S-Corporations, Partnerships, & Sole Proprietorships
– Companies, Facilities, Sales, Employees & Payroll
24 – Revenue per Company by State
– Revenue per Company
25 – Revenue per Company by Segments
26 – Revenue per Facility by State
27 – Revenue per Facility by Segment
– Business Size, Concentration, & Structure
28 – Subsector Growth
– Sales and 5-Year Growth
29 – Subsector Statistics
– Sales per Company & Facility, and 5-Year Growth
30 – Consolidation Analysis
– 5-Year Growth of Companies & Locations
31 – Employment Consolidation Analysis
– 5-Year Growth of Employee Statistics
32 – Subsector Consolidation Analysis
– Number of Companies & Facilities
– 5-Year Growth
33 – Subsector Consolidation Analysis
– Facilities per Company
– Employees per Company
– 5-Year Growth
SECTION TWO
COST, CAPITAL & PROFIT BENCHMARKS
35 – Profitability & Financial Ratio Analysis
– Percent of Companies that are Profitable
– Average Net Income as a Percent of Revenue
– 10 of the Top Financial Ratios
– Assets and Liabilities indexed to industry revenue at 100
– Current & Non-Current Assets: 14 Categories
– Short-term, Long-term Liabilities, & Net Worth: 13 Categories
37 – OPEX
– Industry OPEX
– Revenue vs. OPEX Growth
– OPEX as a Percent of Revenue
– Trend Analysis 2017-2025
– 2026 & 2030 Forecasts
38 – OPEX by Company & Plant
– OPEX per Company & Facility
– Revenue vs. Expenses Growth per Plant
– Trend Analysis & Forecasts
Page 39 – OPEX Detail
– Employee Expenses: payroll, insurance, pension, defined contribution plans, fringe benefits, temps
– Cost of Materials: materials, parts, containers, packaging, cost of resale, electricity and fuels, contract work
– Buildings and Equipment: capex for equipment, rental or lease for equipment, capex for buildings and structures, rental or leases, repair and maintenance
– Other Operating Expenses: professional and technical services, IT software and hardware, data processing and communications, advertising, refuse removal, taxes and license fees, other
-Inventory Breakdown: finished goods, work-in-progress, materials and supplies
40 – Production Material Costs & Tariff Analysis
– Top Production Material Costs Breakdown
– Industry & Material Tariff Analysis – % of costs, import %, tariff costs, source countries
41 – Producer Pricing Index
– Annual PPI – Indexed to 2006
– Trend Analysis & Forecasts
– Monthly PPI Figures for the Past 4 Years
42 – Plant Utilization & Hours
– Plant Utilization Rate
– Plant Operational Hours per Week
– 2022-2025 Historical Figures by Quarter
43 – Reasons for Non-Full Production
– 7 Categories Quarterly Survey Results for Past 2 Years
44 – Productivity & Employment
– Revenue per Employee
– Total Employees
– Employees per Company
– Trend Analysis & Forecasts
45 – Employee Productivity by Segments
– Business Size, Concentration, & Structure
46 – Employee Productivity by State
47 –Subsector Sales & Payroll per Employee
– Absolute & 5-Year Growth
48 – Payroll Analysis
– Payroll per Employee, Company & Plant
– Trend Analysis & Forecasts
49 – Payroll per Company by Segments
50 – Payroll per Plant by Segments
51 – Payroll per Employee by Segments
52 – Payroll per Employee by State
53 – Organizational Composition
– % of Employees for 27 Job Categories
– Management & Finance
– Sales & Marketing
– Technology, Engineering, Science
– Service, Support & Training
– Operations
54 – Job Categorization Pay Ranges
– Management & Finance
– Sales, Service & Marketing
– Operations
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%
55 – Top 20 Jobs Breakdown
56 – Top 20 Jobs Pay
57 – Employees per Company by Segments
58 – Employees per Plant by Segments
59 – Facilities per Company by Segments
60 – Total Employment by State
61 – Population to Every Employee by State
62 – Employees per Facility by State
63 – Overview of Kentley Insights
Download a Sample Report
Below is a free sample report download. The 2026 Car Steering & Suspension Parts Making Market Report has the same layout and data sets as the sample report.
Product Lines, Materials, and Jobs Covered in Report
PRODUCT LINES
Motor vehicle steering and suspension components (except spring) manufacturing
MATERIAL COST CATEGORIES
Materials, ingredients, containers, and supplies, nsk
Cost of all other materials and components, parts, containers, and supplies consumed
Aluminum and aluminum-base alloy castings
Misc. iron, steel, and ferroalloy ingot, shapes, and forms (excluding castings, forgings, bars, structural, wire, sheet, strip)
Misc. fabricated metal products (excluding hardware, containers, screw machine, bearing components, castings, forgings, and wire)
Metal bolts, nuts, screws, washers, rivets, and other screw machine products
Steel bars (including concrete reinforcing bars), bar shapes, and plate (excluding castings, forgings, and fabricated)
Metal forgings
Iron and steel castings
Automotive stampings (including body parts, hubcaps, fenders, etc.)
Metal crowns, closures, and other stamped metal products
Antifriction bearing components and parts (balls, rollers, cages, collars, races, etc.)
Plastics products (including packaging, foam products, film, sheet, rod, tube, fabricated shapes, bottles, etc.)
Fabricated rubber products, excluding tires, hose, belting, and gaskets
Rubber and plastics hose and belting
INDUSTRY JOBS ANALYZED
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic
Engine and Other Machine Assemblers
Inspectors, Testers, Sorters, Samplers, and Weighers
First-Line Supervisors of Production and Operating Workers
Laborers and Material Movers, Hand
Machinists
Welding, Soldering, and Brazing Workers
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Industrial Engineers, Including Health and Safety
Electrical, Electronics, and Electromechanical Assemblers
Industrial Machinery Installation, Repair, and Maintenance Workers
Molders and Molding Machine Setters, Operators, and Tenders, Metal and Plastic
Miscellaneous Production Workers
Computer Control Programmers and Operators
Mechanical Engineers
Tool and Die Makers
Maintenance and Repair Workers, General
Engineering Technicians, Except Drafters
Industrial Truck and Tractor Operators
Shipping, Receiving, and Traffic Clerks
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