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Advanced Suspension Control System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global advanced suspension control system market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 8.4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

An advanced suspension control system refers to an automobile component that is designed to provide enhanced support to the vehicle body. It provides suspension to tires, through springs, shock absorbers and linkages, which connect the vehicle to the wheels and facilitates relative motion between the two. The system can decelerate the speed of the vehicle and minimize suspension deflection, which improves vehicle maneuverability by managing road-holding and ride quality. In comparison to the traditionally used suspension control systems, these advanced variants are more robust and can be used for compact and mid-size cars, along with light and heavy commercial vehicles.

Significant growth in the automotive industry and the increasing demand for lightweight and energy-efficient components, represent as the key factors creating a positive outlook for the market. Furthermore, the rising demand for semi-utility vehicles (SUVs) and luxurious sports cars is also augmenting the market growth. Advanced suspension control systems can adapt to the vehicle’s leveling and damping properties, which aid in improving the performance and overall safety and comfort for the driver. Additionally, various technological advancements, such as the development of suspension control systems with minimal tailpipe emissions, are acting as other growth-inducing factors. Product manufacturers are creating electronically controlled air suspension systems that are integrated with hydraulic and mechanical components for superior oil flow and control of spring and damping forces. Other factors, including improvements in the design and manufacturing techniques of suspension systems, along with extensive research and development (R&D) activities, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global advanced suspension control system market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on system type, component, vehicle, vehicle type and sales channel.

Breakup by System Type:

  • Semi-Active Suspension System
  • Active Suspension System
     

Breakup by Component:

  • Springs
  • Shock Dampeners
  • Struts
  • Control Arms
  • Ball Joints
  • Others
     

Breakup by Vehicle:

  • Passenger Cars
  • Commercial Vehicles
  • Others
     

Breakup by Vehicle Type:

  • Conventional
    • Gasoline-Based
    • Diesel-Based
  • Hybrid
  • Electric
     

Breakup by Sales Channel:

  • OEMs
  • Aftermarket
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being BWI Group, Continental AG, Hitachi Automotive Systems Ltd., Infineon Technologies AG, Lord Corporation, Marelli Europe S.P.A., Schaeffler AG, The Mando Corporation, ThyssenKrupp AG and ZF Friedrichshafen AG.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage System Type, Component, Vehicle, Vehicle Type, Sales Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered BWI Group, Continental AG, Hitachi Automotive Systems Ltd., Infineon Technologies AG, Lord Corporation, Marelli Europe S.P.A., Schaeffler AG, The Mando Corporation, ThyssenKrupp AG and ZF Friedrichshafen AG
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global advanced suspension control system market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global advanced suspension control system market?
  • What are the key regional markets?
  • What is the breakup of the market based on the system type?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the vehicle?
  • What is the breakup of the market based on the vehicle type?
  • What is the breakup of the market based on the sales channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global advanced suspension control system market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Advanced Suspension Control System Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by System Type
    6.1    Semi-Active Suspension System
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Active Suspension System
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Component
    7.1    Springs
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Shock Dampeners
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Struts
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Control Arms
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Ball Joints
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Vehicle
    8.1    Passenger Cars
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Commercial Vehicles
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Vehicle Type
    9.1    Conventional
        9.1.1 Market Trends
        9.1.2 Major Types
            9.1.2.1 Gasoline-Based
            9.1.2.2 Diesel-Based
        9.1.3 Market Forecast
    9.2    Electric
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Hybrid
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Sales Channel
    10.1    OEMs
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Aftermarket
        10.2.1 Market Trends
        10.2.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    BWI Group
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Continental AG
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis 
        15.3.3    Hitachi Automotive Systems Ltd.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Infineon Technologies AG
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis 
        15.3.5    Lord Corporation
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio 
        15.3.6    MARELLI EUROPE S.P.A.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio 
        15.3.7    Schaeffler AG
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
        15.3.8    The Mando Corporation
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
        15.3.9    ThyssenKrupp AG
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis 
        15.3.10    ZF Friedrichshafen AG
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: Advanced Suspension Control System Market: Major Drivers and Challenges
Figure 2: Global: Advanced Suspension Control System Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Advanced Suspension Control System Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Advanced Suspension Control System Market: Breakup by System Type (in %), 2020
Figure 5: Global: Advanced Suspension Control System Market: Breakup by Component (in %), 2020
Figure 6: Global: Advanced Suspension Control System Market: Breakup by Vehicle (in %), 2020
Figure 7: Global: Advanced Suspension Control System Market: Breakup by Vehicle Type (in %), 2020
Figure 8: Global: Advanced Suspension Control System Market: Breakup by Sales Channel (in %), 2020
Figure 9: Global: Advanced Suspension Control System Market: Breakup by Region (in %), 2020
Figure 10: Global: Advanced Suspension Control System (Semi-Active Suspension System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Advanced Suspension Control System (Semi-Active Suspension System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Advanced Suspension Control System (Active Suspension System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Advanced Suspension Control System (Active Suspension System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Advanced Suspension Control System (Springs) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Advanced Suspension Control System (Springs) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Advanced Suspension Control System (Shock Dampeners) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Advanced Suspension Control System (Shock Dampeners) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Advanced Suspension Control System (Struts) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Advanced Suspension Control System (Struts) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Advanced Suspension Control System (Control Arms) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Advanced Suspension Control System (Control Arms) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Advanced Suspension Control System (Ball Joints) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Advanced Suspension Control System (Ball Joints) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Advanced Suspension Control System (Other Components) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Advanced Suspension Control System (Other Components) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Advanced Suspension Control System (Passenger Cars) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Advanced Suspension Control System (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Advanced Suspension Control System (Commercial Vehicles) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Advanced Suspension Control System (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Advanced Suspension Control System (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Advanced Suspension Control System (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Advanced Suspension Control System (Conventional Vehicle) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Advanced Suspension Control System (Conventional Vehicle) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Advanced Suspension Control System (Electric Vehicle) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Advanced Suspension Control System (Electric Vehicle) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Global: Advanced Suspension Control System (Hybrid Vehicle) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Global: Advanced Suspension Control System (Hybrid Vehicle) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Global: Advanced Suspension Control System (OEMs) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Global: Advanced Suspension Control System (OEMs) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Global: Advanced Suspension Control System (Aftermarket) Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Global: Advanced Suspension Control System (Aftermarket) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: North America: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: North America: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: United States: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: United States: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Canada: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Canada: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Asia Pacific: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Asia Pacific: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: China: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: China: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Japan: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Japan: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: India: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: India: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: South Korea: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: South Korea: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Australia: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Australia: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Indonesia: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Indonesia: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Others: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Others: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Europe: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Europe: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Germany: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Germany: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: France: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: France: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: United Kingdom: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: United Kingdom: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Italy: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Italy: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Spain: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Spain: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Russia: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Russia: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Others: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Others: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Latin America: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Latin America: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Brazil: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Brazil: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Mexico: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Mexico: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Others: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 87: Others: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 88: Middle East and Africa: Advanced Suspension Control System Market: Sales Value (in Million US$), 2015 & 2020
Figure 89: Middle East and Africa: Advanced Suspension Control System Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 90: Global: Advanced Suspension Control System Industry: SWOT Analysis
Figure 91: Global: Advanced Suspension Control System Industry: Value Chain Analysis
Figure 92: Global: Advanced Suspension Control System Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Advanced Suspension Control System Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Advanced Suspension Control System Market Forecast: Breakup by System Type (in Million US$), 2021-2026
Table 3: Global: Advanced Suspension Control System Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 4: Global: Advanced Suspension Control System Market Forecast: Breakup by Vehicle (in Million US$), 2021-2026
Table 5: Global: Advanced Suspension Control System Market Forecast: Breakup by Vehicle Type (in Million US$), 2021-2026
Table 6: Global: Advanced Suspension Control System Market Forecast: Breakup by Sales Channel (in Million US$), 2021-2026
Table 7: Global: Advanced Suspension Control System Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 8: Global: Advanced Suspension Control System Market: Competitive Structure
Table 9: Global: Advanced Suspension Control System Market: Key Players

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