Global Automotive Active Suspension System Market Growth 2023-2029

Global Automotive Active Suspension System Market Growth 2023-2029

Active suspension is a type of automotive suspension that controls the vertical movement of the wheels relative to the chassis or vehicle body with an onboard system, rather than in passive suspension where the movement is being determined entirely by the road surface.
LPI (LP Information)' newest research report, the “Automotive Active Suspension System Industry Forecast” looks at past sales and reviews total world Automotive Active Suspension System sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Active Suspension System sales for 2023 through 2029. With Automotive Active Suspension System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Active Suspension System industry.
This Insight Report provides a comprehensive analysis of the global Automotive Active Suspension System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Active Suspension System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Active Suspension System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Active Suspension System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Active Suspension System.
The global Automotive Active Suspension System market size is projected to grow from US$ 2248.9 million in 2022 to US$ 3095.1 million in 2029; it is expected to grow at a CAGR of 3095.1 from 2023 to 2029.
Tenneco is the largest manufacturer. Its revenue of global market exceeds 25% in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Active Suspension System market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Air Suspension
Hydraulic Suspension
Electromagnetic Suspension
Electro-hydraulic Suspension
Segmentation by application
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Tenneco
Porsche
Continental
Wabco
Mercedes-Benz
BWI Group
ZF
Hitachi Automotive Systems
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Active Suspension System market?
What factors are driving Automotive Active Suspension System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Active Suspension System market opportunities vary by end market size?
How does Automotive Active Suspension System break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.