Advanced Suspension Control System Market Research Report – Forecast to 2027

Advanced Suspension Control System Market Information Report by technology (Semi-active suspension system, Active suspension system), vehicle type (Passenger Cars and Commercial Vehicles), Region (North America, APAC, Europe, ROW) - Forecast To 2027

ID: MRFR/AM/4591-HCR | February, 2021 | Region : Global

 Advanced Suspension Control System Market Synopsis


Advanced suspension control system market has seen remarkable growth in the global market and it has been observed that it is expected to expand with the CAGR of ~9%.

The advanced suspension control system is majorly used for supporting the vehicle body and enhancing the ride comfort. The comfort level of the ride is improved for the driver by reducing the acceleration of the body, caused by the car body when road disturbances from smooth road and real road roughness.


The advanced suspension control system market is majorly being driven by the increase in use of such systems in luxury and sports cars. These systems have the capability of adapting to both vehicle’s leveling and damping characteristics, which further help in improving the car comfort, handling performance and driving safety. The growth of this market will also be driven by the increase in use of electronics in vehicles, the rapid technological advancements for development of advanced suspension control systems, growth in the sales of automobiles, and poor road/highway infrastructure in developing nations. The automotive governing councils and institutions in various developing and developed nations have enforced strict regulatory norms, which are driving the need for use of lightweight materials in vehicles. This results in a decrease in the number of moving parts in the system, thereby leading to the adoption of energy-efficient, advanced suspension technologies by the automotive industry. 


Key Players:


The prominent players in the advanced suspension control system market include Continental AG (Germany), ThyssenKrupp AG (Germany), Infineon Technologies AG (Germany), and BWI Group (China). The Mando Corporation (South Korea), Lord Corporation (U.S.), Schaeffler AG (Germany), ZF Friedrichshafen AG (Germany), Magneti Marelli S.p.A (Italy), and Hitachi Automotive Systems (Japan) are among others. 

Advanced Suspension Control System Market


However, the growth of this market is expected to be restrained by factors such as huge expenditures for repair and replacement, introduction of strict government regulations, and lack of standardization for manufacturing of such systems.

Geographically, the global advanced suspension control system market has been divided into four major regions such as North America, Europe, Asia Pacific and Rest of the World. Amongst all regions, Europe is expected to dominate the growth of the market owing to the existence of a large number of luxury vehicle manufacturers in the region. The existence of major advanced suspension control system manufacturers in the region such as Infineon Technologies AG, ThyssenKrupp AG, and Continental AG is expected to drive the growth of the region over the forecast period.  Availability of modern infrastructure facilities and the boom in demand for automobiles are further driving the growth of the market. 
           


The report for Global Advanced Suspension Control System Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table of content

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Advanced suspension control system market, By Technology

5.1 Introduction

5.2 Semi-active suspension system

5.2.1 Market Estimates & Forecast, 2017-2027

5.2.2 Market Estimates & Forecast by Region, 2017-2027

5.3 Active suspension system

5.3.1 Market Estimates & Forecast, 2017-2027

5.3.2 Market Estimates & Forecast by Region, 2017-2027

6 Global Advanced suspension control system market, By Vehicle type

6.1 Introduction

6.2 Passenger Cars

6.2.1 Market Estimates & Forecast, 2017-2027

6.2.2 Market Estimates & Forecast by Region, 2017-2027

6.3 Commercial Vehicles

6.3.1 Market Estimates & Forecast, 2017-2027

6.3.2 Market Estimates & Forecast by Region, 2017-2027

7 Global Advanced suspension control system market, By Region

7.1 Introduction

7.2 North America

7.2.1 Market Estimates & Forecast, 2017-2027

7.2.2 Market Estimates & Forecast by Technology, 2017-2027

7.2.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.2.4 U.S.

7.2.4.1 Market Estimates & Forecast, 2017-2027

7.2.4.2 Market Estimates & Forecast by Technology, 2017-2027

7.2.4.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.2.5 Canada

7.2.5.1 Market Estimates & Forecast, 2017-2027

7.2.5.2 Market Estimates & Forecast by Technology, 2017-2027

7.2.5.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.3 Europe

7.3.1 Market Estimates & Forecast, 2017-2027

7.3.2 Market Estimates & Forecast by Technology, 2017-2027

7.3.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.3.4 U.K

7.3.4.1 Market Estimates & Forecast, 2017-2027

7.3.4.2 Market Estimates & Forecast by Technology, 2017-2027

7.3.4.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.3.5 Germany

7.3.5.1 Market Estimates & Forecast, 2017-2027

7.3.5.2 Market Estimates & Forecast by Technology, 2017-2027

7.3.5.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.3.6 France

7.3.6.1 Market Estimates & Forecast, 2017-2027

7.3.6.2 Market Estimates & Forecast by Technology, 2017-2027

7.3.6.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.3.7 Italy

7.3.7.1 Market Estimates & Forecast, 2017-2027

7.3.7.2 Market Estimates & Forecast by Technology, 2017-2027

7.3.7.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.3.8 Rest of Europe

7.3.8.1 Market Estimates & Forecast, 2017-2027

7.3.8.2 Market Estimates & Forecast by Technology, 2017-2027

7.3.8.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.4 Asia Pacific

7.4.1 Market Estimates & Forecast, 2017-2027

7.4.2 Market Estimates & Forecast by Technology, 2017-2027

7.4.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.4.4 China

7.4.4.1 Market Estimates & Forecast, 2017-2027

7.4.4.2 Market Estimates & Forecast by Technology, 2017-2027

7.4.4.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.4.5 Japan

7.4.5.1 Market Estimates & Forecast, 2017-2027

7.4.5.2 Market Estimates & Forecast by Technology, 2017-2027

7.4.5.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.4.6 India

7.4.6.1 Market Estimates & Forecast, 2017-2027

7.4.6.2 Market Estimates & Forecast by Technology, 2017-2027

7.4.6.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.4.7 Rest of Asia Pacific

7.4.7.1 Market Estimates & Forecast, 2017-2027

7.4.7.2 Market Estimates & Forecast by Technology, 2017-2027

7.4.7.3 Market Estimates & Forecast by Vehicle type, 2017-2027

7.5 Rest of the World

7.5.1 Market Estimates & Forecast, 2017-2027

7.5.2 Market Estimates & Forecast by Technology, 2017-2027

7.5.3 Market Estimates & Forecast by Vehicle type, 2017-2027

8 Competitive Landscape

9 Company Profile

9.1 Continental AG (Germany)

9.1.1 Company Overview

9.1.2 Product/Services Offering

9.1.3 Financial Overview

9.1.4 Key Developments

9.1.5 Strategy

9.1.6 SWOT Analysis

9.2 ThyssenKrupp AG (Germany)

9.2.1 Company Overview

9.2.2 Product /Services Offering

9.2.3 Financial Overview

9.2.4 Key Developments

9.2.5 Strategy

9.2.6 SWOT Analysis

9.3 Infineon Technologies AG (Germany)

9.3.1 Company Overview

9.3.2 Product /Services Offering

9.3.3 Financial Overview

9.3.4 Key Developments

9.3.5 Strategy

9.3.6 SWOT Analysis

9.4 BWI Group (China)

9.4.1 Company Overview

9.4.2 Product /Services Offering

9.4.3 Financial Overview

9.4.4 Key Developments

9.4.5 Strategy

9.4.6 SWOT Analysis

9.5 The Mando Corporation (South Korea)

9.5.1 Company Overview

9.5.2 Product /Services Offering

9.5.3 Financial Overview

9.5.4 Key Developments

9.5.5 Strategy

9.5.6 SWOT Analysis

9.6 Lord Corporation (U.S.)

9.6.1 Company Overview

9.6.2 Product /Services Offering

9.6.3 Financial Overview

9.6.4 Key Developments

9.6.5 Strategy

9.6.6 SWOT Analysis

9.7 Schaeffler AG (Germany)

9.7.1 Company Overview

9.7.2 Product /Services Offering

9.7.3 Financial Overview

9.7.4 Key Developments

9.7.5 Strategy

9.7.6 SWOT Analysis

9.8 ZF Friedrichshafen AG (Germany)

9.8.1 Company Overview

9.8.2 Product /Services Offering

9.8.3 Financial Overview

9.8.4 Key Developments

9.8.5 Strategy

9.8.6 SWOT Analysis

9.9 Magneti Marelli S.p.A (Italy)

9.9.1 Company Overview

9.9.2 Product /Services Offering

9.9.3 Financial Overview

9.9.4 Key Developments

9.9.5 Strategy

9.9.6 SWOT Analysis

9.10 Hitachi Automotive Systems (Japan)

9.10.1 Company Overview

9.10.2 Product /Services Offering

9.10.3 Financial Overview

9.10.4 Key Developments

9.10.5 Strategy

9.10.6 SWOT Analysis


List of Tables

Table 1 Global Advanced suspension control system market: By Region, 2017-2027

Table 2 North America Advanced suspension control system market: By Country, 2017-2027

Table 3 Europe Advanced suspension control system market: By Country, 2017-2027

Table 4 Asia-Pacific Advanced suspension control system market: By Country, 2017-2027

Table 5 RoW Advanced suspension control system market: By Country, 2017-2027

Table 6 Global Advanced suspension control system market, by Technology: By Regions, 2017-2027

Table 7 North America Advanced suspension control system market, by Technology: By Country, 2017-2027

Table 8 Europe Advanced suspension control system market, by Technology: By Country, 2017-2027

Table 9 Asia Pacific Advanced suspension control system market, by Technology: By Country, 2017-2027

Table 10 RoW Advanced suspension control system market, by Technology: By Country, 2017-2027

Table 11 Global Advanced suspension control system market, by Vehicle type, By Regions, 2017-2027

Table 12 North America Advanced suspension control system market, by Vehicle type, By Country, 2017-2027

Table 13 Europe Advanced suspension control system market, by Vehicle type, By Country, 2017-2027

Table 14 Asia Pacific Advanced suspension control system market, by Vehicle type, By Country, 2017-2027

Table 15 RoW Advanced suspension control system market, by Vehicle type, By Country, 2017-2027

Table 16 Global Advanced suspension control system market: By Region, 2017-2027

Table 17 Global Advanced suspension control system market: By Region, 2017-2027

Table 18 Global Advanced suspension control system market: By Region, 2017-2027

Table 19 North America Advanced suspension control system market, By Country

Table 20 North America Advanced suspension control system market, by Technology

Table 21 North America Advanced suspension control system market, By Vehicle type

Table 22 Europe: Advanced suspension control system market, By Country

Table 23 Europe: Advanced suspension control system market, by Technology

Table 24 Europe: Advanced suspension control system market, By Vehicle type

Table 25 Asia-Pacific: Advanced suspension control system market, By Country

Table 26 Asia-Pacific: Advanced suspension control system market, by Technology

Table 27 Asia-Pacific: Advanced suspension control system market, By Vehicle type

Table 28 RoW: Advanced suspension control system market, By Region

Table 29 RoW Advanced suspension control system market, by Technology

Table 30 RoW Advanced suspension control system market, By Vehicle type


List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL ADVANCED SUSPENSION CONTROL SYSTEM MARKETSHARE, BY TECHNOLOGY, 2020 (%)

FIGURE 9 GLOBAL ADVANCED SUSPENSION CONTROL SYSTEM MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL ADVANCED SUSPENSION CONTROL SYSTEM MARKETSHARE, BY VEHICLE TYPE, 2020 (%)

FIGURE 11 GLOBAL ADVANCED SUSPENSION CONTROL SYSTEM MARKET, BY VEHICLE TYPE, 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL ADVANCED SUSPENSION CONTROL SYSTEM MARKETSHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL ADVANCED SUSPENSION CONTROL SYSTEM MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 14 NORTH AMERICA ADVANCED SUSPENSION CONTROL SYSTEM MARKETSHARE (%), 2020

FIGURE 15 NORTH AMERICA ADVANCED SUSPENSION CONTROL SYSTEM MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 16 EUROPE ADVANCED SUSPENSION CONTROL SYSTEM MARKET SHARE (%), 2020

FIGURE 17 EUROPE ADVANCED SUSPENSION CONTROL SYSTEM MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 18 ASIA-PACIFIC ADVANCED SUSPENSION CONTROL SYSTEM MARKET SHARE (%), 2020

FIGURE 19 ASIA-PACIFIC ADVANCED SUSPENSION CONTROL SYSTEM MARKET BY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 20 REST OF THE WORLD ADVANCED SUSPENSION CONTROL SYSTEM MARKET SHARE (%), 2020

FIGURE 21 REST OF THE WORLD ADVANCED SUSPENSION CONTROL SYSTEM MARKET BY COUNTRY, 2020-2027 (USD MILLION)

Advanced Suspension Control System Market