Automotive Active Suspension System Market Emerging Trends Report 2018

Posted by snehal on August 22nd, 2018

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.

Scope of the Report:
This report focuses on the Automotive Active Suspension System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Electronic components in automobiles have outgrown the utility of traditional mechanical components. Preference for electronic components is increasing due to the increased need for safety, performance, stability, and comfort in vehicles.

To develop the trend of electrification, manufacturers are adopting new technologies. The automotive industry is witnessing extensive use of the sensors, actuators, accumulators, ECUs, hydraulic pumps, and on-board computers for the operation of various systems. Moreover, vehicle electrification has led semi-active and active suspension systems to adopt electronic and electro-hydraulic components. 

The worldwide market for Automotive Active Suspension System is expected to grow at a CAGR of roughly 9.1% over the next five years, will reach 220 million US$ in 2023, from 140 million US$ in 2017.

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Market Segment by Manufacturers, this report covers

• Quanser
• ZF Sachs AG
• Daimler AG
• Magneti Marelli S P A
• Hitachi Automotive Systems
• Porsche Cars North America
• LORD Corporation
• BWI Group
• Eaton Corporation
• Tanabe USA

Market Segment by Regions, regional analysis covers

• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

• Hydraulic Systems
• Electromagnetic Systems
• Solenoid Valve Systems
• Magneto Rheological Systems
• Other

Market Segment by Applications, can be divided into

• Passenger Vehicles
• Commercial Vehicles

There are 15 Chapters to deeply display the global Automotive Active Suspension System market.

1. To describe Automotive Active Suspension System Introduction, product scope, market overview, market opportunities, market risk, market driving force;
2. To analyze the top manufacturers of Automotive Active Suspension System, with sales, revenue, and price of Automotive Active Suspension System, in 2016 and 2017;
3. To display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
4. To show the global market by regions, with sales, revenue and market share of Automotive Active Suspension System, for each region, from 2013 to 2018;
5. To analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
6. To show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
7. Automotive Active Suspension System market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
8. To describe Automotive Active Suspension System sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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