Global Automotive Active Suspension System Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application
Summary
The active suspension system in an automotive is responsible for continuously adjusting the suspension settings as per the road conditions to provide a smooth and comfortable driving experience. The leading automakers around the world are offering advanced suspension technologies in their premium and luxury models to offer a rich driving experience to its customers. Automobile suspension systems emerged at the beginning of 19th century when automobiles were invented. Internal combustion engine powered vehicles were still in their embryo stage, and only two innovations were made to form the vehicle's suspension system. Initially, front coil springs were used, along with dampeners, to act as shock absorbers for minimizing vibrations in vehicles. Later, leaf springs were used, which were flexible to accommodate varying weights and less expensive.
Electronic components in automobiles have outgrown the utility of traditional mechanical components. Preference for electronic components is increasing due to the increased need for safety, performance, stability, and comfort in vehicles. Technavio’s market research report has identified shift towards electrification of automotive components as one of the primary factors that will fuel the growth of the automotive active suspension system market in the coming years. To develop the trend of electrification, manufacturers are adopting new technologies. The automotive industry is witnessing extensive use of the sensors, actuators, accumulators, ECUs, hydraulic pumps, and on-board computers for the operation of various systems. Moreover, vehicle electrification has led semi-active and active suspension systems to adopt electronic and electro-hydraulic components.
The global Automotive Active Suspension System market was 140 million US$ in 2018 and is expected to 260 million US$ by the end of 2025, growing at a CAGR of 9.0% between 2019 and 2025.
This report studies the Automotive Active Suspension System market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automotive Active Suspension System in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Quanser
ZF Sachs AG
Daimler AG
Magneti Marelli S P A
Hitachi Automotive Systems
Porsche Cars North America
LORD Corporation
BWI Group
Eaton Corporation
Tanabe USA
By the product type, the market is primarily split into
Hydraulic Systems
Electromagnetic Systems
Solenoid Valve Systems
Magneto Rheological Systems
Other
By the end users/application, this report covers the following segments
Passenger Vehicles
Commercial Vehicles
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Automotive Active Suspension System market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Automotive Active Suspension System market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Automotive Active Suspension System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Active Suspension System with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Automotive Active Suspension System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Automotive Active Suspension System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Active Suspension System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Automotive Active Suspension System market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
The active suspension system in an automotive is responsible for continuously adjusting the suspension settings as per the road conditions to provide a smooth and comfortable driving experience. The leading automakers around the world are offering advanced suspension technologies in their premium and luxury models to offer a rich driving experience to its customers. Automobile suspension systems emerged at the beginning of 19th century when automobiles were invented. Internal combustion engine powered vehicles were still in their embryo stage, and only two innovations were made to form the vehicle's suspension system. Initially, front coil springs were used, along with dampeners, to act as shock absorbers for minimizing vibrations in vehicles. Later, leaf springs were used, which were flexible to accommodate varying weights and less expensive.
Electronic components in automobiles have outgrown the utility of traditional mechanical components. Preference for electronic components is increasing due to the increased need for safety, performance, stability, and comfort in vehicles. Technavio’s market research report has identified shift towards electrification of automotive components as one of the primary factors that will fuel the growth of the automotive active suspension system market in the coming years. To develop the trend of electrification, manufacturers are adopting new technologies. The automotive industry is witnessing extensive use of the sensors, actuators, accumulators, ECUs, hydraulic pumps, and on-board computers for the operation of various systems. Moreover, vehicle electrification has led semi-active and active suspension systems to adopt electronic and electro-hydraulic components.
The global Automotive Active Suspension System market was 140 million US$ in 2018 and is expected to 260 million US$ by the end of 2025, growing at a CAGR of 9.0% between 2019 and 2025.
This report studies the Automotive Active Suspension System market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automotive Active Suspension System in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Quanser
ZF Sachs AG
Daimler AG
Magneti Marelli S P A
Hitachi Automotive Systems
Porsche Cars North America
LORD Corporation
BWI Group
Eaton Corporation
Tanabe USA
By the product type, the market is primarily split into
Hydraulic Systems
Electromagnetic Systems
Solenoid Valve Systems
Magneto Rheological Systems
Other
By the end users/application, this report covers the following segments
Passenger Vehicles
Commercial Vehicles
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Automotive Active Suspension System market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Automotive Active Suspension System market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Automotive Active Suspension System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Active Suspension System with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Automotive Active Suspension System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Automotive Active Suspension System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Active Suspension System market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Automotive Active Suspension System market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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