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Automobile Steering & Suspension Manufacturing in Tennessee

Author.Name IBISWorld United States Last Updated: August 2025 NAICS TN33633

Automobile Steering & Suspension Manufacturing in Tennessee industry analysis

The Automobile Steering & Suspension Manufacturing industry in Tennessee is expected to grow an annualized x.x% to $x.x billion 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 xx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

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

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About the Automobile Steering & Suspension Manufacturing in Tennessee Market Research Report

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

Definition of the Automobile Steering & Suspension Manufacturing in Tennessee?

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 Tennessee?

The Automobile Steering & Suspension Manufacturing in Tennessee 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 Tennessee 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 Tennessee

Benchmark the Automobile Steering & Suspension Manufacturing in Tennessee industry performance with all TN county and national performance.

Automobile Steering & Suspension Manufacturing in Tennessee

#3 in Highest Revenue 14.4% 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 Tennessee

See how key industry drivers, such as unemployment rate, house price index, per capita disposable income, new car sales, consumer confidence index and world price of steel are impacting Automobile Steering & Suspension Manufacturing in Tennessee

Tennessee Economic Indicators

Unemployment Rate
House Price Index
Per Capita Disposable Income

View more economic information in TN 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 Tennessee

Access proprietary data on county in the Automobile Steering & Suspension Manufacturing in Tennessee, such as Dyer County, Giles County and Franklin County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Automobile Steering & Suspension Manufacturing industry in Tennessee

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 Tennessee in 2025?

The market size of the Automobile Steering & Suspension Manufacturing industry in Tennessee is $2.5bn in 2025.

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

There are 17 businesses in the Automobile Steering & Suspension Manufacturing industry in Tennessee, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

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

The market size of the Automobile Steering & Suspension Manufacturing industry in Tennessee has been growing at an average annual rate of 2.1% from 2020 to 2025.

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

There are 5,128 employees in the Automobile Steering & Suspension Manufacturing industry in Tennessee, which has been growing at an average annual rate of 0.6% from 2020 to 2025.