Micromobility Market Trends, Opportunities, and Future Outlook, 2021-2030

According to a new report published by Allied Market Research, titled, "Suspension Control Unit Market," The Suspension Control Unit Market Size was valued at $16.7 billion in 2023, and is estimated to reach $31.4 billion by 2033, growing at a CAGR of 6.9% from 2024 to 2033.

The suspension control unit market is experiencing significant advancements driven by the growing demand for vehicle safety, comfort, and performance. Increase in integration of electronic and air suspension systems in modern vehicles. Automakers are incorporating advanced suspension technologies to enhance ride quality, stability, and adaptability to various road conditions. This shift is particularly evident in luxury cars, commercial vehicles, and high-performance automobiles. For instance, in March 2023, Hendrickson truck commercial vehicle systems partnered with Japan-based Tadano Global to enhance chassis performance for Tadano's GT-800XL-2 and GT-1200XL-2 all-terrain crane trucks. This partnership integrates the AIRTEK NXT front air suspension and dual steer axle system, along with the ROADMAAX high-capacity rear air suspension, aiming to improve ride quality, stability, and load-carrying capability in demanding applications.

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Moreover, the rise in adoption of smart suspension systems with artificial intelligence (AI) and Internet of Things (IoT) integration. These systems use real-time data from sensors to adjust suspension settings automatically, improving overall driving dynamics. AI-powered predictive suspension control is gaining traction, allowing vehicles to anticipate road conditions and adjust accordingly for a smoother ride. For instance, in April 2024, German luxury automaker Porsche partnered with U.S.-based ClearMotion to validate its active suspension technology and road-reading software. As part of this collaboration, Porsche has signed a licensing agreement to integrate ClearMotion's advanced suspension technology, aiming to enhance ride quality, vehicle stability, and overall driving dynamics in its luxury and high-performance vehicles.

The expansion of electric and autonomous vehicles is also shaping the suspension control unit market. These vehicles require advanced suspension technologies to ensure passenger comfort and compensate for battery weight distribution. Autonomous vehicles, in particular, demand highly responsive and adaptive suspension systems to enhance safety and stability without driver intervention. For instance, in October 2024, TDK Corporation partnered with McLaren Racing in Formula E as part of its expansion into the electric vehicle sector. This partnership highlights the growing role of advanced electronic components in EV performance, including suspension control units. As EVs and high-performance racing vehicles demand precise suspension control for stability and efficiency, innovations in electronic components, such as those from TDK, can enhance suspension systems, improving ride quality, handling, and energy efficiency in both motorsports and commercial EV applications.

One of the most significant drivers propelling the growth of the suspension control unit (SCU) market is the increasing demand for enhanced ride comfort and vehicle stability across both passenger and commercial vehicle segments. As consumer preferences shift toward smoother, safer, and more responsive driving experiences, automakers are investing heavily in advanced suspension technologies that can dynamically adapt to road conditions, vehicle load, and driving modes. Suspension control units serve as the central intelligence within these systems, processing real-time data from sensors and coordinating the suspension's response to maintain optimal vehicle balance and comfort.

Modern vehicles-particularly luxury, high-performance, and electric models-are now expected to deliver premium ride quality. Consumers associate ride smoothness with vehicle sophistication, and this expectation is further amplified in segments like electric vehicles (EVs), where quiet operation makes road vibrations and irregularities more noticeable. In such vehicles, suspension control units enable the integration of features like adaptive damping, electronically controlled air suspension, and multiple drive modes (e.g., comfort, sport, and off-road). These systems automatically adjust the stiffness or softness of the suspension system based on speed, road type, and driver input, delivering tailored driving experiences without compromising on safety or performance.

The growing demand for SUVs and crossover vehicles has also played a crucial role in boosting the need for advanced SCUs. These vehicle types often operate under varying load conditions and across diverse terrains. Suspension control units help manage this complexity by adjusting to shifting weights and surface irregularities, ensuring consistent vehicle behavior and reduced wear and tear. Commercial vehicles, including trucks and buses, also benefit from SCUs as they require advanced suspension management for heavy-duty applications, load leveling, and passenger comfort.

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Moreover, governments and regulatory bodies worldwide are enforcing stricter safety and performance standards in vehicles. This includes requirements for stability control, advanced braking systems, and other electronic safety features that are often integrated with intelligent suspension systems. Suspension control units play a vital role in maintaining vehicle dynamics, improving braking performance, and reducing rollover risk-all of which contribute to overall safety compliance. In markets like Europe and North America, such regulations further fuel OEM interest in integrating SCUs during vehicle production.

The evolution of autonomous and semi-autonomous driving technologies is also contributing to the rising importance of ride comfort and control. As the role of human drivers diminishes, vehicle systems must ensure maximum passenger comfort and minimize motion sickness. Suspension control units, in conjunction with other onboard electronics, allow for ultra-smooth driving experiences by anticipating road inputs and adjusting suspension characteristics proactively.

By propulsion, the ICE segment attained the highest Suspension Control Unit Market Share share in 2023. This is primarily due to the widespread adoption of ICE vehicles globally, traditional gasoline and diesel-powered vehicles continue to dominate the automotive industry, especially in commercial, heavy-duty, and passenger vehicle categories. ICE vehicles have long-established suspension technologies, leading to higher demand for suspension control units. While the electric vehicle (EV) segment is growing rapidly, its Suspension Control Unit Industry share remains smaller compared to ICE vehicles.

By sales channel, the OEM segment attained the highest Suspension Control Unit Market Size in 2023 and is likely to remain dominant during the Suspension Control Unit Market Forecast period. This is primarily due to the direct integration of these systems into new vehicles. Automakers are increasingly equipping vehicles with advanced suspension technologies to enhance ride comfort, safety, and performance. OEM s ensure seamless integration of suspension control units with vehicle electronics, leading to higher reliability and efficiency. The growing production of luxury, commercial, and electric vehicles with advanced suspension systems further boosts OEM demand. While the aftermarket segment serves replacement needs, its share remains smaller compared to OEM s due to limited retrofitting options.

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The key players included in the Suspension Control Unit Market Analysis are operating in the global suspension control unit market include Continental AG, ZF Friedrichshafen AG, Robert Bosch GmbH, Denso Corporation, Infineon Technologies AG, River Engineering Pvt Ltd., Transtron Inc, Stesalit Limited, APR LLC, and Murata Manufacturing Co., Ltd. They have adopted strategies such as contracts, agreements, acquisition, and product launch to improve their Suspension Control Unit Industry positioning.

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