Automotive Active Suspension Systems Market

The suspension system in a vehicle mainly consists of springs, shock absorbers and various linkages. The key functions of the system are to increase the vehicle’s road holding capacity and also, to provide complete comfort to the occupants inside the vehicle from bumps in the road and other vibrations. These systems are broadly classified as dependant and independent, depending upon the ability of the wheels on the opposite of the vehicle to move independently of each other. The suspension system of a vehicle, acts as a major differentiator between the low or mid-segment vehicles and luxury vehicles. It also helps in preventing excessive wear and tear of vehicle and its components. The major factor responsible for the increasing number of advancements and demand for good suspension systems are the increasing demand for cheap, lesser in weight, better fuel economy, and comfort. In the coming years, also the increasing demand for luxury vehicles in the regions of Europe and Asia-Pacific, mainly in China, India and Japan, is expected to drive the market for more advanced suspension systems in vehicles.

The report covers the market for automotive suspension systems in terms of volume and value. The market volume is provided in terms of thousand units; whereas the value for the market is provided in terms of $million from 2011 to 2018. The automotive suspension systems market is broadly segmented by types (Passive and Semi-active/Active suspension systems). The market is further segmented by dash; vehicle type (Passenger cars, Light commercial vehicles; Heavy commercial vehicles), damping type (Hydraulic/Pneumatic and Electromagnetic), and geography (Asia-Pacific, Europe, North America; ROW) focusing on key countries in each region.

This report classifies and defines the automobile suspension systems market volume and value. It also provides qualitative insights about the types of suspension systems and its major components. The report also gives a comprehensive review of the market drivers, restraints, opportunities, challenges, and key issues in the automotive suspension systems market. The key players in the market for automobile suspension systems have also been identified and profiled.

Active Suspension: Future of automobile suspension systems

Active suspension system controls the vertical movement of the wheels in vehicle through an on-board system, which automatically adjusts the suspension depending upon the road surface. The system acts as a safety feature, which does not allow the vehicle to roll in many driving conditions including cornering, accelerating and braking. The suspension systems in passenger cars and light commercial vehicles have been developing and changing at a rapid pace in the last few years due to the advancement in technologies, which have been improving the levels of comfort and road handling than earlier. In today’s era of automations and electronics, advanced suspension systems such as active systems, a part of the vehicle’s integrated chassis, are a key system, which acts as a major technology differentiator between vehicles. Also, it is one of the primary features that the automobile OEMs look after to make their vehicles the best.