The Global Automotive Active Suspension System Consumption Market is defined by the presence of some of the leading competitors operating in the market,including the well-established players and new entrants, and the suppliers, vendors, and distributors.The report also analyzes the development proposals and the feasibility of new investments. The Automotive Active Suspension System Consumption Market report has been collated in order to provide guidance and direction to the companies and individuals interested in buying this research report.
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.
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Over the next five years, Automotive Active Suspension System will register a 9.1% CAGR in terms of revenue, reach US$ 220 million by 2023, from US$ 140 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Active Suspension System market by product type, application, key manufacturers and key regions.
To calculate the market size, value and volume generated from the sales of the following segments:
Segmentation by product type:
Solenoid Valve Systems
Magneto Rheological Systems
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
ZF Sachs AG
Magneti Marelli S P A
Hitachi Automotive Systems
Porsche Cars North America
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global Automotive Active Suspension System consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Automotive Active Suspension System market by identifying its various subsegments.
- 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 share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption 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.
Table of Contents – Snapshot
1 Scope of the Report
2 Executive Summary
3 Global Automotive Active Suspension System by Players
4 Automotive Active Suspension System by Regions
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Automotive Active Suspension System Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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