Global Automotive Active Suspension System Market 2017-2021




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About Automotive Active Suspension System

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.

Technavios analysts forecast the global automotive active suspension system market to grow at a CAGR of 9.10% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive active suspension system market for 2017-2021. To calculate the market size, the report considers the OEM fitment of active suspension system in passenger vehicles only.

The market is divided into the following segments based on geography:

Technavio's report, Global Automotive Active Suspension System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BWI Group
Infineon Technologies

Other prominent vendors
Magneti Marelli

Market driver
Superior riding quality, improved comfort, and smoother driving experience
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Market challenge
Cost-intensive for manufacturers and expensive for end-users
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Market trend
OEMs incorporating body control function with active suspension
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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