The adaptive suspension system is finding its way in the newer models due to flexibility and ease of use. They are getting so advanced that even the least sensitive drive can use it without any difficulty. The driver can distinguish between comfort and sports mode, with mere clicks on the screen. Automotive industry is one of the most lucrative industries due to continuous evolution of technology transformation, every day. The change in technology in the automotive industry has made adaptive suspension system more advanced, unlike the passive suspension system that changes the movement by the surface of the road.
Automotive Adaptive Suspension System Market contains market size and forecasts of Automotive Adaptive Suspension System in Global, including the following market information:
- Global Automotive Adaptive Suspension System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Automotive Adaptive Suspension System market was valued at 58790 million in 2021 and is projected to reach US$ 72160 million by 2028, at a CAGR of 3.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Semi-active Suspension System Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Adaptive Suspension System include Bose, Quanser, ZF Sachs, Daimler, Magneti Marelli, Hitachi Automotive Systems, Porsche Cars North America, LORD and BWI Group and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Adaptive Suspension System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Adaptive Suspension System Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Automotive Adaptive Suspension System Market Segment Percentages, by Type, 2021 (%)
- Semi-active Suspension System
- Active Suspension System
Global Automotive Adaptive Suspension System Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Automotive Adaptive Suspension System Market Segment Percentages, by Application, 2021 (%)
- Passenger Car
- Commercial Vehicle
Global Automotive Adaptive Suspension System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Automotive Adaptive Suspension System Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Automotive Adaptive Suspension System revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Automotive Adaptive Suspension System revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Bose
- Quanser
- ZF Sachs
- Daimler
- Magneti Marelli
- Hitachi Automotive Systems
- Porsche Cars North America
- LORD
- BWI Group
- Eaton
Industry Market Size
