Global Automotive Active Suspension System Market Professional Survey Report 2019

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 valued at 140 million US$ in 2018 and will reach 260 million US$ by the end of 2025, growing at a CAGR of 9.0% during 2019-2025.
This report focuses on Automotive Active Suspension System volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automotive Active Suspension System market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Automotive Active Suspension System in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Automotive Active Suspension System manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

The following manufacturers are covered:
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

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Hydraulic Systems
Electromagnetic Systems
Solenoid Valve Systems
Magneto Rheological Systems
Other

Segment by Application
Passenger Vehicles
Commercial Vehicles