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There are xx businesses in the Automobile Steering & Suspension Manufacturing industry in the US, which is expected to grow at xx% over the next five years. Automobile steering and suspension manufacturers mainly manufacture and rebuild motor vehicle steering and suspension systems and components, consisting of steering wheels, shock absorbers and struts. Spring manufacturing is not included in this industry.
Curious about what drives these trends? IBISWorld's Automobile Steering & Suspension Manufacturing in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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There is 219 Automobile Steering & Suspension Manufacturing in the US businesses as of 2026, an decrease of -0.5% from 2025.
The number of Automobile Steering & Suspension Manufacturing in the US businesses has declined -1.0% per year on average over the five years between 2021 and 2026.
See our full analysis of the Automobile Steering & Suspension Manufacturing in the US to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Automobile Steering & Suspension Manufacturing in the US has low market share concentration and the largest business is Nexteer Automotive.