NEW YORK, Aug. 1, 2022 /PRNewswire/ — 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 active suspension system market size is expected to grow by USD 737.00 million from 2020 to 2025.
Get a comprehensive report summary describing the market size and forecast along with research methodology. View a Sample Report
Frequently Asked Questions:
At what rate is the market projected to grow?
The growth momentum of the market is expected to accelerate at a CAGR of 6%.
What are the drivers and challenges in the market?
The increasing demand for comfort with a smoother driving experience is driving the automotive active suspension system market growth. However, factors such as the use of advanced technology may challenge market growth.
How big is the North American market?
38% of the market’s growth will originate from North America during the forecast period.
Is the market fragmented to concentrated?
The automotive active suspension system market is fragmented.
Automotive Active Suspension System Market 2021-2025: Scope
The automotive active suspension system market report covers the following areas:
Get lifetime access to our Technavio Insights! Subscribe to our “Basic Plan” billed annually at USD 5000
Automotive Active Suspension System Market 2021-2025: Vendor Analysis
Continental AG, Daimler AG, Hitachi Ltd., Hyundai Mobis Co. Ltd., Infineon Technologies AG, Marelli Holdings Co. Ltd., Parker Hannifin Corp., Tenneco Inc., thyssenkrupp AG, and ZF Friedrichshafen AG, among others, are the main players in the market. The key offerings of some of the vendors are listed below:
Continental AG – The company offers an electronic suspension system.
Daimler AG – The company offers AIRMATIC active suspension system.
Hitachi Ltd. – The company offers Automotive Active Suspension System.
Hyundai Mobis Co. Ltd. – The company offers Automotive Active Suspension System.
Infineon Technologies AG – The company offers an automotive active suspension system for two highly specific niche markets, namely luxury and sports cars.
Automotive Active Suspension System Market 2021-2025: Segmentation
Application
Hydraulic Actuator: The hydraulic actuators segment will have significant market share growth during the forecast period. These actuators are suitable for active suspension systems, as they can hold high forces and torque for high-force automotive applications. Some of the leading OEMs, including Mercedes-Benz and BMW, use hydraulic actuator-based active suspension systems for their premium models.
Pneumatic Actuator
Electromagnetic Actuator
Geography
North America: This region will account for the highest share of the market’s growth during the forecast period. This growth is attributed to factors such as the high penetration of premium and luxury segment vehicles. Moreover, market growth in this region will be slower than the growth of the market in other regions. The US is a key country for the automotive active suspension system market in North America.
Europe
APAC
South America
MEA
Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a Sample Report
Automotive Active Suspension System Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist automotive active suspension system market growth during the next five years
Estimation of the automotive active suspension system market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the automotive active suspension system market across Europe, North America, APAC, South America, and MEA
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of automotive active suspension system market vendors
Related Reports
Automotive Power Window Motor Market by Application and Geography – Forecast and Analysis 2022-2026
|
Automotive Active Suspension System Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2020 |
|
Forecast period |
2021-2025 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
|
Market growth 2021-2025 |
USD 737.00 million |
|
Market structure |
Fragmented |
|
YoY growth (%) |
5.65 |
|
Regional analysis |
Europe, North America, APAC, South America, and MEA |
|
Performing market contribution |
North America at 38% |
|
Key consumer countries |
Germany, US, China, Japan, and France |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
Continental AG, Daimler AG, Hitachi Ltd., Hyundai Mobis Co. Ltd., Infineon Technologies AG, Marelli Holdings Co. Ltd., Parker Hannifin Corp., Tenneco Inc., thyssenkrupp AG, and ZF Friedrichshafen AG |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 – 2025
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by Application
Market segments
Comparison by Application
Hydraulic actuator – Market size and forecast 2020-2025
Pneumatic actuator – Market size and forecast 2020-2025
Electromagnetic actuator – Market size and forecast 2020-2025
Market opportunity by Application
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
Europe – Market size and forecast 2020-2025
North America – Market size and forecast 2020-2025
APAC – Market size and forecast 2020-2025
South America – Market size and forecast 2020-2025
MEA – Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape
Overview
Landscape disruption
Competitive landscape
Vendor Analysis
Vendors covered
Market positioning of vendors
Continental AG
Daimler AG
Hitachi Ltd.
Hyundai Mobis Co. Ltd.
Infineon Technologies AG
Marelli Holdings Co. Ltd.
Parker Hannifin Corp.
Tenneco Inc.
thyssenkrupp AG
ZF Friedrichshafen AG
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
