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Automobile Steering & Suspension Manufacturing in West Virginia

Author.Name IBISWorld United States Last Updated: April 2025 NAICS WV33633

Automobile Steering & Suspension Manufacturing in West Virginia industry analysis

The Automobile Steering & Suspension Manufacturing industry in West Virginia is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has stagnated an annualized x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x% to x locations. Industry employment is expected to decrease an annualized -x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Automobile Steering & Suspension Manufacturing in West Virginia Market Research Report

What’s Included in the Automobile Steering & Suspension Manufacturing in West Virginia Market Research Report

Definition of the Automobile Steering & Suspension Manufacturing in West Virginia?

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.

What’s included in the Automobile Steering & Suspension Manufacturing in West Virginia?

The Automobile Steering & Suspension Manufacturing in West Virginia includes manufacturing steering wheels, columns and gearboxes, manufacturing steering idler arms, drag links and control arms, manufacturing shock absorbers and struts, manufacturing tie rod ends and manufacturing other components. Related terms covered in the Automobile Steering & Suspension Manufacturing in West Virginia industry report includes parts manufacturers that supply directly to automakers, suppliers that manufacture sub-components that are supplied to tier-one manufacturers, parts purchased for a vehicle that is already in use, as opposed to a vehicle being assembled, a strategy implemented to improve profitability by reducing inventory and purchasing the raw materials that are needed for the immediate term only, systems in which the physical connection is an automobile are replaced by wired communications and electronic power steering uses electric motors rather than traditional hydraulic systems and reduces weight and energy use.

Industry Performance of the Automobile Steering & Suspension Manufacturing industry in West Virginia

Benchmark the Automobile Steering & Suspension Manufacturing in West Virginia industry performance with all WV county and national performance.

Automobile Steering & Suspension Manufacturing in West Virginia

#38 in Highest Revenue 0.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Automobile Steering & Suspension Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Automobile Steering & Suspension Manufacturing industry in West Virginia

See how key industry drivers, such as population, median houshold income, new business formation, new car sales, consumer confidence index and world price of steel are impacting Automobile Steering & Suspension Manufacturing in West Virginia

West Virginia Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in WV State Economic profile

US Key External Drivers

New car sales
Consumer confidence index
World price of steel

For the full list of industry drivers, see report purchase options.

County Data of the Automobile Steering & Suspension Manufacturing industry in West Virginia

Access proprietary data on county in the Automobile Steering & Suspension Manufacturing in West Virginia, such as Wayne County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Automobile Steering & Suspension Manufacturing industry in West Virginia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Automobile Steering & Suspension Manufacturing industry in West Virginia in 2025?

The market size of the Automobile Steering & Suspension Manufacturing industry in West Virginia is $10.8m in 2025.

How many businesses are there in the Automobile Steering & Suspension Manufacturing industry in West Virginia in 2025?

There are 1 businesses in the Automobile Steering & Suspension Manufacturing industry in West Virginia, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Automobile Steering & Suspension Manufacturing industry in West Virginia grown or declined over the past 5 years?

The market size of the Automobile Steering & Suspension Manufacturing industry in West Virginia has been declining at an average annual rate of -5.2% from 2020 to 2025.

How many employees in the Automobile Steering & Suspension Manufacturing industry in West Virginia in 2025?

There are 46 employees in the Automobile Steering & Suspension Manufacturing industry in West Virginia, which has been declining at an average annual rate of 0.0% from 2020 to 2025.