Global Automotive Kingpin Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031 - (By Product Type Coverage, By Vehicle Type Coverage, By Sales Channel Coverage, By Geographic Coverage and By Company)
Published Date: Jul 2024 |
Format:
| No. of Pages: 179
Industry: Automotive & Transport | Author Name: Harshad
An automotive kingpin is a crucial component in the steering mechanism of a vehicle, particularly in heavy-duty trucks and buses, acting as the pivot point for the steering knuckle.
Growth is driven by increasing demand for commercial vehicles, advancements in automotive technology, and rising focus on vehicle safety and stability.
North America, Europe, and Asia-Pacific are leading the market due to their large automotive manufacturing bases and increasing commercial vehicle sales.
Common materials include high-strength steel and alloy steels, chosen for their durability and resistance to wear and tear.
Challenges include fluctuating raw material prices, the shift towards electric vehicles, and the need for regular maintenance and replacement.