Press release
Future of the Advanced Suspension Control System Market: Trends, Innovations, and Key Forecasts Through 2034
Advanced Suspension Control System
Advanced Suspension Control System Market Size Growth Forecast: What to Expect by 2025?
The market size for the advanced suspension control system has seen significant growth lately. It is projected to escalate from $15.88 billion in 2024 to $17.28 billion in 2025, with a compound annual growth rate (CAGR) of 8.8%. Factors such as robust economic expansion in developing markets, heightened demand for luxury sports cars, an increase in the sales of hybrid electric vehicles (HEVs), and greater development in infrastructure have contributed to the growth during the historic period.
How Will the Advanced Suspension Control System Market Size Evolve and Grow by 2029?
The market for advanced suspension control systems is projected to witness substantial expansion in the coming years, escalating to $25.2 billion in 2029 with a compounded annual growth rate (CAGR) of 9.9%. The growth during the forecast period can be attributed to factors such as increasing demand for electric vehicles, the surge in automobile manufacturing, quick urbanization, and reinforced governmental backing. The anticipated trends for the forecast period include the introduction of novel chassis suspension systems to improve vehicle efficiency, the innovation of cost-efficient ride height and suspension leveling systems, inauguration of intelligent suspension products to enhance ride comfort in vehicles, invention of glass fiber suspension springs as a lighter alternative, creation of cutting-edge suspension technologies, development of semi-active rear axle suspension systems for augmented performance and the assimilation of smarter and safer suspension systems for superior experiences.
View the full report here:
https://www.thebusinessresearchcompany.com/report/advanced-suspension-control-system-global-market-report
What Drivers Are Propelling the Growth of Advanced Suspension Control System Market Forward?
The anticipated expansion in the automobile industry is projected to boost the growth of the advanced suspension control system market. The term "automotive industry" encompasses a broad array of companies and organizations engaged in various aspects of automobile design, development, manufacturing, marketing, sales, and distribution. A vehicle requires an advanced suspension control system to carry the load of all its components and maintain balance. As an example, the European Automobile Manufacturers Association, based in Belgium, reported that global vehicle production reached 85.4 million in May 2023, marking an impressive 5.7% rise from 2021. Moreover, Brand Finance plc, a UK-based brand valuation firm, reported in February 2022 that the automobile industry succeeded in selling about 78 million units in 2022, a significant upswing of 10%. Consequently, the expansion of the automotive industry is propelling the growth of the advanced suspension control system market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7377&type=smp
What Are the Key Trends Driving Advanced Suspension Control System Market Growth?
Key businesses in the advanced suspension control system market are introducing cutting-edge products, like electric-powered body control suspension systems, to boost vehicle performance and comfort. The electrical body control suspension system is a groundbreaking automotive technology geared towards enhancing vehicle handling, stability, and overall comfort by actively controlling the suspension dynamics. For instance, in April 2023, China's BYD Auto Co., Ltd. introduced DiSus (or Yunnian in Chinese). DiSus is an electrically powered body control suspension system conceived to offer precise vehicle body motion control, thus increasing stability and comfort in a variety of driving scenarios. The system uses smart algorithms and sensors to foresee and respond to roadway conditions, bringing about a smoother ride and enriching the total driving experience.
What Are the Key Segments in the Advanced Suspension Control System Market?
The advanced suspension control system market covered in this report is segmented -
1) By Product Type: Semi-Active Suspension System, Active Suspension System, Other Product Types
2) By Vehicle Type: Passenger Car, LCV (Light Commercial Vehicle, HCV (Heavy Commercial Vehicle), Other Vehicle Types
3) By Sales Channel: OEMs, Aftermarket
Subsegments:
1) By Semi-Active Suspension System: Magnetorheological (MR) Suspension, Electrorheological (ER) Suspension, Adaptive Damping Systems
2) By Active Suspension System: Hydraulic Active Suspension, Pneumatic Active Suspension, Fully Electronic Active Suspension
3) By Other Product Types: Air Suspension Systems, Conventional Suspension Enhancements, Load Adaptive Systems
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7377&type=smp
Who Are the Key Players Shaping the Advanced Suspension Control System Market's Competitive Landscape?
Major companies operating in the advanced suspension control system market include Continental AG, Tenneco Inc, ZF Friedrichshafen AG, Hitachi Inc, Thyssenkrupp AG, Magneti Marelli S.P.A, KYB Corporation, The Mando Corporation, BWI Group, Hendrickson Holdings L.L.C., Gabriel India Limited, Duroshox Private Limited, Tata AutoComp Systems Limited, Showa Corporation, Faurecia, Bosch, CIE Automotive, Delphi Technologies, Trelleborg Automotive Czech Republic s.r.o., Boge Elastmetall CZ s.r.o., Magna International, Multimatic, Rassini, Pirelli, BYD Co. Ltd., Penske Racing Shocks.
What Geographic Markets Are Powering Growth in the Advanced Suspension Control System Market?
North America will be the largest region in the advanced suspension control system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the advanced suspension control system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7377
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Future of the Advanced Suspension Control System Market: Trends, Innovations, and Key Forecasts Through 2034 here
News-ID: 4261117 • Views: …
More Releases from The Business Research Company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion in…
More Releases for Suspension
Motorcycle Suspension System Market Outlook 2025-2035: Featuring J.Juan Suspensi …
The global motorcycle suspension system market is set for substantial expansion, with projections indicating a rise from USD 1,988.3 million in 2025 to USD 3,147.4 million by 2035. This growth translates to a Compound Annual Growth Rate (CAGR) of 4.7% over the forecast period, fueled by an escalating demand for superior ride comfort, enhanced vehicle handling, and robust off-road performance, particularly within the burgeoning electric and high-performance motorcycle segments.
Motorcycle suspension…
Hydraulic Suspension: Riding High on Opportunity in the Automotive Suspension Ma …
The automotive suspension market is continuously evolving, driven by the demand for enhanced comfort, handling, and adaptability in vehicles. Within this dynamic landscape, the hydraulic suspension segment presents a high-opportunity area, offering unique capabilities for ride control and load leveling.
Market Dynamics and Growth Drivers
Hydraulic suspension systems, leveraging the power of pressurized fluids, have a long history in automotive applications, particularly in heavy-duty vehicles and luxury cars. Their ability to provide…
Automotive Strut Bar Market by Type {Passenger Car (Front Suspension and Rear Su …
A strut bar, also known as tower bar, connects the top strut towers to increase the rigidity of a vehicle by allowing both strut towers to react to compression and tensile forces. In a strut suspension system, the spring and shock absorber are combined in the one suspension unit, which replaces the upper control arm and the entire vertical suspension load is transmitted to the top of the vehicle's strut…
Suspension Spring Market Report- Trends, Growth Demand, Opportunities | Dongfeng …
The Suspension Spring Market research report identifies key market trends and focuses on the significant trends and factors driving the Suspension Spring Market growth. In addition, Suspension Spring Market analyses the global and key regions’ market potentials and advantages, opportunities and challenges, restraints and risks. Finally, the Suspension Spring Market research report strategically analyzes each submarket concerning Suspension Spring Market growth trends and their contribution.
Get FREE PDF Sample of the…
Innovative Suspension Systems to Bolster Motorcycle Suspension System Market Gro …
Growing two-wheeler sales coupled with worsening transport infrastructure and growing fuel prices around the world are expected to bolster the growth of the motorcycle suspension systems market. A recent study released by Fact.MR estimates that the factors will aid the growth of the global motorcycle suspension system market which is anticipated to cross the US$ 1.5 million valuation mark in 2020.
Innovative and advanced suspension system designs are expected to play a key…
Global Two Wheeler Front Forks Market SWOT Analysis by Key Players: Showa Corpor …
This report presents the worldwide Two Wheeler Front Forks market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The two wheeler front forks connect the vehicle’s front wheel and…
