Automotive Active Cornering System Market Size - By System (Electronic Stability Control (ESC), Torque Vectoring, Active Suspension System, Dynamic Steering System), By Component, By Vehicle, By Propulsion, By Sales Channel & Forecast, 2024 - 2032

Automotive Active Cornering System Market Size

Automotive Active Cornering System Market size was valued at USD 3.6 billion in 2023 and is projected to grow at a CAGR of over 9.2% between 2024 and 2032, driven by the increasing demand for Advanced Driver Assistance Systems (ADAS). ADAS technologies, which include lane-keeping assistance, adaptive cruise control, and automatic emergency braking, often rely on active cornering systems to enhance vehicle stability and safety.
 

As consumers and regulators prioritize advanced safety features, integrating active cornering systems becomes essential for vehicles equipped with ADAS. These systems improve handling and reduce accident risks, aligning with the trend towards more automated and intelligent vehicle technologies. Consequently, the growing adoption of ADAS is driving demand for sophisticated cornering systems, supporting market expansion.
 

Moreover, the global rise in electric vehicle (EV) adoption is driving the automotive active cornering system market. EVs, equipped with advanced technological components, require sophisticated handling systems to optimize performance and safety. Active cornering systems enhance EV stability and driving dynamics by adjusting torque distribution and suspension in real-time. This adjustment is crucial due to the different weight distribution and handling characteristics of EVs compared to traditional vehicles.
 

As the EV market grows, driven by environmental regulations and consumer demand, automakers are increasingly integrating these systems to improve vehicle performance and safety. This trend is expanding the market for active cornering systems beyond luxury vehicles to include mainstream and emerging EVs.
 

For instance, in April 2024, the International Energy Agency (IEA) released a report ‘Global EV Outlook 2024’. It highlighted significant trends in the electric vehicle (EV) market, such as in 2023, global electric car sales reached 14 million units, a 20% increase from the previous year, representing 20% of total car sales. These data demonstrate the global rise in electric vehicle (EV) adoption which would drive the growth of the automotive active cornering system market.
 

The high costs associated with the development, production, and integration of automotive active cornering systems pose a significant market barrier. Developing these advanced systems requires substantial investment in research, testing, and the integration of cutting-edge technologies, such as sensors, ECUs, and software.
 

Additionally, manufacturing these systems involves the use of high-quality materials and precision engineering, further driving up costs. These expenses often lead to higher prices for end consumers, limiting the adoption of active cornering systems to premium and luxury vehicle segments. Manufacturers face the challenge of balancing cost efficiency with technological advancement, especially as the market expands to include more mid-range and electric vehicles, where cost sensitivity is higher.
 

Automotive Active Cornering System Market Trends

Automotive active cornering systems are witnessing significant technological advancements in sensor technology. Technological advancements in sensor technology are significantly driving the growth of the automotive active cornering system industry. Modern vehicles are equipped with advanced sensors, such as accelerometers, gyroscopes, and wheel speed sensors, which provide real-time data on vehicle dynamics. These sensors enable active cornering systems to make precise adjustments to torque distribution, braking, and suspension, enhancing vehicle stability and safety during cornering.
 

Integrating these sensors with advanced algorithms and electronic control units (ECUs) allows for quicker and more accurate responses to changing driving conditions, improving handling and reducing the risk of accidents. Additionally, as sensor technology becomes more cost-effective and compact, it is increasingly integrated into a wider range of vehicles, including mid-range and electric vehicles, further driving the market's growth.
 

For instance, in December 2023, Lamborghini unveiled a revolutionary suspension technology called the Active Wheel Carrier (AWC) that promises to transform the handling characteristics of supercars. This innovative system allows for real-time adjustments to camber and toe alignment settings while the vehicle is in motion, eliminating many of the compromises inherent in traditional suspension designs.
 

The AWC acts as a rear-steering system, allowing the wheels to move between toe-in and toe-out positions. This impacts the car's responsiveness and high-speed stability. The Active Wheel Carrier represents a significant leap forward in suspension technology, allowing Lamborghini to optimize handling characteristics for specific driving conditions and driver preferences.
 

Automotive Active Cornering System Market Analysis

Based on the components, the market is segmented into sensors, actuators, control units, and software. In 2023, the sensors segment accounted for a market share of over 34% and is expected to exceed USD 2.5 billion by 2032. The sensors segment holds the largest market share in the automotive active cornering system market due to its critical role in real-time data collection and accurate system responses. Sensors, such as gyroscopes, accelerometers, and wheel speed sensors, continuously monitor vehicle dynamics, including speed, steering angle, and lateral forces.
 

This data is essential for the active cornering system to make precise adjustments to suspension, braking, and torque distribution, ensuring optimal vehicle stability and safety during cornering. As vehicles become more sophisticated, the demand for advanced sensors with higher accuracy and reliability increases. Additionally, integrating these sensors into other automotive safety systems, such as electronic stability control (ESC) and torque vectoring, further boosts their adoption, making them vital components in the overall market.
 

Based on the vehicle, the automotive active cornering system market is divided into passenger and commercial. The passenger segment held around 73% market share in 2023. The passenger vehicle segment leads the market due to several key factors. Firstly, passenger vehicle consumers, particularly in the luxury and sports car categories, demand advanced safety features and enhanced driving experiences. These vehicles often come equipped with sophisticated technologies like torque vectoring, active suspension, and dynamic steering, which are integral to active cornering systems.
 

Additionally, the increasing adoption of electric and hybrid passenger vehicles, which require advanced stability and handling systems, further drives this segment. Rising consumer preference for vehicles with improved handling and performance, coupled with stringent safety regulations in regions like Europe and North America, also contributes to the dominance of the passenger vehicle segment in this market.
 

North American automotive active cornering system market accounted for 33% of the revenue share in 2023 and is expected to exceed USD 2.6 billion by 2032. In North America, strong demand for advanced automotive safety and performance technologies drives the market. The U.S. leads this market due to high consumer interest in luxury and high-performance vehicles that require sophisticated cornering systems.
 

The region's robust automotive industry, coupled with stringent safety regulations, further propels market growth. Additionally, the increasing adoption of electric and autonomous vehicles, which rely on advanced stability and handling systems, contributes to the market's expansion in North America.
 

Europe's robust automotive industry, particularly in Germany, the UK, France, and Italy, drives the automotive active cornering system market. Stringent safety regulations further amplify this demand. The region exhibits a strong preference for luxury and high-performance vehicles, which often incorporate advanced cornering systems. European automakers lead in adopting technologies such as torque vectoring and dynamic steering. Additionally, the regional focus on reducing emissions and promoting electric vehicles enhances the integration of these systems, improving stability and safety in both conventional and electric vehicles.
 

The Asia Pacific region is rapidly emerging as a key market for automotive active cornering systems, driven by increasing vehicle production and sales in countries such as China, Japan, and South Korea. The expanding middle class and rising demand for advanced automotive technologies, particularly in luxury and sports vehicles, contribute to this market's growth. Additionally, government initiatives promoting vehicle safety and the growing adoption of electric and hybrid vehicles, which require advanced stability systems, further fuel demand. The presence of major automotive manufacturers and ongoing technological advancements also play a significant role in the region's market expansion.
 

In the MEA region, increasing demand for luxury vehicles, particularly in the UAE and Saudi Arabia, drives the automotive active cornering system market. Consumers in these countries seek advanced automotive technologies. In Latin America, rising vehicle production and sales in countries like Brazil and Mexico fuel market growth. However, both regions hold smaller market shares compared to others due to economic challenges and slower technology adoption.
 

Automotive Active Cornering System Market Share

Robert Bosch Mobility, Denso Corporation, and Valeo SA held a significant market share of over 22% in 2023. Bosch leverages its expertise in sensor technology and software algorithms to develop advanced vehicle dynamics control systems. By enhancing real-time data processing and incorporating AI for predictive handling, Bosch emphasizes safety and precision. Their innovations cater to both conventional and electric vehicles, with a particular focus on active cornering features.
 

Denso integrates active cornering systems into its comprehensive suite of vehicle stability and safety technologies. Prioritizing energy-efficient designs, Denso collaborates closely with OEMs to customize solutions that enhance vehicle handling, especially for electrified and autonomous platforms, ensuring optimal performance.
 

Valeo combines active cornering technology with its advanced smart suspension systems to improve ride comfort and handling. Leveraging its expertise in electric and hybrid components, Valeo offers solutions that seamlessly integrate with modern powertrains. Their goal is to enhance vehicle dynamics and safety in real time through adaptive systems.
 

Automotive Active Cornering System Market Companies

Major players operating in the automotive active cornering system industry are:

• Robert Bosch Mobility
• Denso Corporation
• Valeo SA
• Thyssenkrupp
• ZF Friedrichshafen AG
• BorgWarner Inc.
• Continental AG
• Magna International Inc.
• Knorr-Bremse AG
• Aptiv PLC
   

Automotive Active Cornering System Industry News

• In May 2024, Mercedes-AMG developed a new interconnected hydraulic suspension system called AMG Active Ride Control that transforms the G63 into a capable off-road and on-road performer. Instead of traditional sway bars, the G63 connects valves at the stem of each damper via interconnected hydraulic lines with an electronically controlled pump adjusting fluid pressure to each shock. AMG Active Ride Control improves both on-road handling and off-road capability without sacrificing comfort.
   
• In December 2023, Porsche introduced an innovative suspension system called Porsche Active Ride in its 2024 Panamera E-Hybrid models, which garnered significant attention for its advanced capabilities. This system represents a leap in automotive suspension technology, offering a blend of comfort and dynamic performance. Porsche Active Ride sets a new standard in suspension technology, merging luxury with high-performance dynamics.
   

The automotive active cornering system market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) from 2021 to 2032, for the following segments:

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Market, By System

• Electronic stability control (ESC)
• Torque vectoring
• Active suspension system
• Dynamic steering system
• Others

Market, By Component

• Sensors
• Actuators
• Control units
• Software

Market, By Vehicle

• Passenger
• Commercial

Market, By Propulsion

• Internal combustion engine (ICE) vehicles
• Electric vehicles (EVs)
• Hybrid vehicles

Market, By Sales Channel

• OEMs
• Aftermarket

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA