The global automotive suspension systems market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period (2024-2031). The advancements in the suspension systems is a key factor driving the growth of this market. Proper suspension system is the key need for the proper working of an automobile. Therefore, key automobile manufacturers such as BYD, Mahindra, Porsche, and Tata among others are actively focusing on the introduction of new advancements in their vehicle suspension system. For instance, in November 2023, Porsche presented the new Panamera: the third generation of the sporty luxury sedan which is characterized by an even broader digital offering, fresh and expressive design, and a greater bandwidth between comfort and sportiness with active suspension system.
Additionally, in April 2023, the Chinese electric vehicle (EV) maker BYD introduced a new technology called the DiSus Intelligent Body Control System, or DiSus. It’s a suspension and body control software for EVs that promises to improve the driving experience of BYD’s electric cars.
In October 2023, McLaren Automotive recently partnered with Tenneco to name Monroe the Official Intelligent Suspension Supplier for its road car lineup. Tenneco, through its Monroe Intelligent Suspension brand, will supply McLaren with top-of-the-line electronic suspension systems. These systems are far from run-of-the-mill—they’re designed to offer McLaren’s discerning clientele the sort of precise, exhilarating driving experience they’ve come to expect. Such developments are driving the global market growth.
To Request a Sample of our Report on Automotive Suspension System Market: https://www.omrglobal.com/request-sample/automotive-suspension-system-market
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Component
- By Type
- By Vehicle Type
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- includes Continental AG, thyssenkrupp AG, Marelli Holdings Co., Ltd., Mando Corp., and ZF Friedrichshafen AG among others.
Automotive Suspension System Market Report Segment
By Component
- Coil Spring
- Leaf Spring
- Air Spring
- Shock Absorber
By Type
- Passive Suspension
- Semi Active Suspension
- Active Suspension
By Vehicle Type
- Passenger Car
- Commercial Vehicle
A full Report of Automotive Suspension System Market is Available @ https://www.omrglobal.com/industry-reports/automotive-suspension-system-market
Automotive Suspension Systems Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- ANG Auto Ltd.
- Autonex International
- BWI Group
- Garg Autocorp.
- Hitachi Astemo Ltd
- Hyundai Mobis Co. Ltd.
- JP Automobile
- KYB Corp.
- Lamina Suspension Products Ltd.
- LORD Corp.
- Sogefi SpA
- Tenneco Inc.
- Thyssenkrupp AG
- Tilak Industries
- Unique Auto Spares
- Wheels India Ltd.
- ZF Friedrichshafen AG
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-suspension-system-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
