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Demand for Automotive Active Suspension System Is Anticipated To Evolve at 4.50% CAGR by 2028

01-31-2023 08:47 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Extrapolate

Demand for Automotive Active Suspension System Is Anticipated

An active suspension system in an automobile uses sensors, actuators, and control algorithms to dynamically adjust the suspension to improve handling, ride comfort, and road holding. It can respond to changing road conditions and driving styles in real-time to provide a better driving experience.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/sample/automotive/automotive-active-suspension-system-market-report/29697
MARKET OVERVIEW

The Global Automotive Active Suspension System Market Size was estimated at USD 2300.25 million in 2021 and is projected to reach USD 3130.32 million by 2028, exhibiting a CAGR of 4.50% during the forecast period.

The market for automotive active suspension systems is growing due to increased demand for improved vehicle handling, ride comfort, and safety. This technology is becoming more widely adopted in premium and high-performance vehicles, but is also appearing in more mainstream vehicles as costs come down. Key players in the market include major automotive OEMs and suppliers, as well as niche players specializing in suspension systems. The market is also being driven by regulations mandating improved vehicle safety and fuel efficiency.

๐“๐ก๐ž ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐€๐œ๐ญ๐ข๐ฏ๐ž ๐’๐ฎ๐ฌ๐ฉ๐ž๐ง๐ฌ๐ข๐จ๐ง ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ข๐ฌ ๐๐ซ๐ข๐ฏ๐ž๐ง ๐›๐ฒ ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ:

Growing demand for comfort and safety: Consumers are demanding better handling and ride comfort in their vehicles, which is driving growth in the active suspension market.

Technological advancements: Advances in sensors, actuators, and control algorithms are making active suspension systems more affordable and easier to integrate into vehicles.

Stringent safety regulations: Governments are imposing stricter safety regulations, which is driving the adoption of active suspension systems in vehicles.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐–๐ข๐ญ๐ก ๐“๐Ž๐‚@ https://www.extrapolate.com/automotive/automotive-active-suspension-system-market-report/29697

๐“๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐€๐œ๐ญ๐ข๐ฏ๐ž ๐’๐ฎ๐ฌ๐ฉ๐ž๐ง๐ฌ๐ข๐จ๐ง ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ก๐ข๐ ๐ก๐ฅ๐ฒ ๐œ๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐š๐ง๐ ๐ข๐ฌ ๐๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž๐ ๐›๐ฒ ๐ฌ๐ž๐ฏ๐ž๐ซ๐š๐ฅ ๐ค๐ž๐ฒ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ, ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐ :
Tenneco
Porsche
Continental
Wabco
Mercedes-Benz
BWI Group
ZF
Hitachi Automotive Systems

These players are major suppliers of active suspension systems to various automotive OEMs, and also provide technology solutions for advanced suspension systems. Other players in the market include niche players specializing in suspension systems and startups offering innovative solutions.

๐“๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐€๐œ๐ญ๐ข๐ฏ๐ž ๐’๐ฎ๐ฌ๐ฉ๐ž๐ง๐ฌ๐ข๐จ๐ง ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ฌ ๐ž๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ญ๐ซ๐ž๐ง๐๐ฌ:

Integration with ADAS: Active suspension systems are being integrated with Advanced Driver Assistance Systems (ADAS) to provide enhanced safety and comfort features.

Electric and hydraulic suspension systems: Electric suspension systems are gaining popularity due to their low weight and energy efficiency, while hydraulic systems are favored for their high durability and reliability.

Increased use of predictive algorithms: Predictive algorithms are being used to predict road conditions and adjust suspension systems in real-time for improved handling and comfort.

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/enquire/automotive/automotive-active-suspension-system-market-report/29697

๐“๐ก๐ž ๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐€๐œ๐ญ๐ข๐ฏ๐ž ๐’๐ฎ๐ฌ๐ฉ๐ž๐ง๐ฌ๐ข๐จ๐ง ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ ๐œ๐š๐ง ๐›๐ž ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐›๐š๐ฌ๐ž๐ ๐จ๐ง:

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง (๐›๐ฒ ๐“๐ฒ๐ฉ๐ž)
Air Suspension
Hydraulic Suspension
Electromagnetic Suspension
Electro-hydraulic Suspension

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง (๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง)
Passenger Vehicles
Commercial Vehicles

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

The global automotive active suspension system market is divided into several regions, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Asia-Pacific is expected to be the largest market, driven by the growing demand for vehicles and increasing consumer awareness about advanced suspension systems. Europe is also a significant market, with strong demand from premium and luxury vehicle manufacturers. North America is expected to see moderate growth, while South America and the Middle East & Africa are expected to see relatively slower growth. However, the market is highly competitive, with players focusing on technological advancements and partnerships to gain a competitive advantage.

๐“๐€๐๐‹๐„ ๐Ž๐… ๐‚๐Ž๐๐“๐„๐๐“๐’:
1 Research Methodology and Statistical Scope
2 Automotive Active Suspension System Market Overview
3 Automotive Active Suspension System Market Competitive Landscape
4 Automotive Active Suspension System Value Chain Analysis
5 The Development and Dynamics of Automotive Active Suspension System Market
6 Automotive Active Suspension System Market Segmentation by Type
7 Automotive Active Suspension System Market Segmentation by Application
8 Automotive Active Suspension System Market Segmentation by Region
9 Key Companies Profiled
10 Automotive Active Suspension System Regional Market Forecast
11 Market Segmentation & Size Forecast (2023-2028)
...Continued

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Extrapolate
Phone: (+1) 888 328 2189
E-mail: talk@extrapolate.com
Website: https://www.extrapolate.com
Blog: https://www.extrapolate.com/blog

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
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In a connected world, merely being informed is not enough, the speed of information dissemination is a crucial determinant of success. Our team of dedicated subject matter experts and research specialists deep dive into the most complex markets and produce insights that will help shape the way your business moves forward. Our research process harnesses the latest in technology and the best SMEs to build relevant reports that can future-proof your business.

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