Market Research Report
Vehicle Active Suspension System market with COVID-19 Impact Analysis, By Type, By Vehicle Type, By Architecture, and By Region - Size, Share& Forecast from 2021-2027
|Published by||AnalystView Market Insights||Product code||966621|
|Published||Content info||210 Pages
Delivery time: 2-3 business days
|Vehicle Active Suspension System market with COVID-19 Impact Analysis, By Type, By Vehicle Type, By Architecture, and By Region - Size, Share& Forecast from 2021-2027|
|Published: October 1, 2020||Content info: 210 Pages||
The Global Vehicle Active Suspension System market was valued at USD XX billion by 2019, growing with XX% CAGR during the forecast period, 2021-2027.
The Suspension System in a vehicle primarily incorporates various factors such as springs, shock absorbers, and various linkages. The key functionalities of the systems are to enhance the vehicle's road-holding capacity and offer complete comfort to the occupants inside the vehicle from other obstacles and vibrations. The Active Suspension System Market is becoming an important and integral part of the suspension system market and finds its wider applications in high-end luxury cars, sports carsand other commercial vehicles.The growing demand for luxury vehicles in various global regions such as Europe and Asia-Pacific especially in China, India and Japan are expected to fuel the vehicles advanced suspension systems market in Asia-Pacific region. The rapid technological advancement in the vehicle equipment segment is boosting the demand for the automotive suspension systems market.
Some significant factors such as, increased vehicle production and rising demand for luxury features which will increase the vehicle active suspension market growth across the globe.Furthermore, the Passenger car segment is estimated to be the fastest-growing segment of the vehicle active suspension market over the forecast period. However, different factors such as increasing consumer disposable income coupled with rising vehicle ownership with easy finance options are increasing the passenger car sale across the globe.Owing to all these factors, the passenger car segment is marking tremendous growth in the Asia-Pacific region especially in emerging economies such as India and China. Rising acceptance of stringency of emissions and fuel efficiency regulations across the developed economies and the entry of comparatively lightweight active suspension systems is projected to register impressive growth in North America and Europe. The growing demand for vehicles in developing and developed economies also marks the growth of the vehicle active suspension system market.
Europe and North America are the pioneer markets in the vehicle active suspension system market owing to early commercialization of active suspension systems initiated in developed economies for luxury vehicles.North America is expected to mark notable growth for the market over the forecast period due to the early development and expansive adoption of the active suspension system. Europe is projected to be the second-largest region in the vehicle active suspension system market due to the increasing number of high-end vehicles.The Asia Pacific is estimated to have the largest market share in the vehicle active suspension market, owing to increasing growth in developing regions such as China, Indiaand also Japan is amongst the latest technologies.The Asia Pacific is expected to witness the expansive market growth in the adaptive suspension system market owing to increasing automotive industry in emerging economies including China, India, and Japan.However, high cost of the system, high cost of the installation and high maintenance costing structure are installing the vehicle active suspension system market.
Key features of the study:
This proposed research study on Vehicle Active Suspension System market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2020-2027), considering 2019 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Vehicle Active Suspension System market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Vehicle Active Suspension System market
Impact of COVID-19 on Vehicle Active Suspension Systemmarket size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Vehicle Active Suspension System market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the Vehicle Active Suspension System market, we have also included competitive landscape and key innovator analysis for the Vehicle Active Suspension System market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and end-user's attractiveness.
The report offersdetailed company profiling featuring major market participantswhich will help users to understand their financial information and strategic initiatives of players operating in the Vehicle Active Suspension System market.
In addition, the report also unveils the important acquisitions & mergers, collaborations & joint ventures, new product launch, research & development, regional expansion of major participants involved in the Vehicle Active Suspension System market on global as well as regional level.
The GlobalVehicle Active Suspension Systemmarket report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL VEHICLE ACTIVE SUSPENSION SYSTEM MARKET KEY PLAYERS
ZF friedrichshafen AG
ZF Sachs AG
Hitachi Automotive Systems, Ltd
Porsche Cars North America, Inc
BENTELER International AG
Eaton Corporation PLC
Tanabe USA Inc
GLOBAL VEHICLE ACTIVE SUSPENSION SYSTEM MARKET, BY TYPE
Pure Active Suspension System
Semi-Active Suspension System
GLOBAL VEHICLE ACTIVE SUSPENSION SYSTEM MARKET, BY VEHICLE TYPE
GLOBAL VEHICLE ACTIVE SUSPENSION SYSTEM MARKET, BY ARCHITECTURE
GLOBAL VEHICLE ACTIVE SUSPENSION SYSTEM MARKET, BY REGION
Rest of Europe
Rest of APAC
Rest of LATAM
The Middle East and Africa
United Arab Emirates
Rest of MEA