Automotive Active Suspension System Market Size - By System, By Vehicle, By Sales Channel, By Actuator, By Technology, Analysis, Share, Growth Forecast, 2024 - 2032

Automotive Active Suspension System Market Size

The global automotive active suspension system market size was valued at USD 4.2 billion in 2023 and is projected to grow at a CAGR of 4.6% between 2024 and 2032. The integration of active suspension systems is a significant growth driver in the automotive industry as it enhances both performance and comfort. Unlike traditional suspension setups, active suspension systems use advanced technology such as actuators and software to dynamically adjust each wheel in response to road conditions. This adaptability results in smoother rides over uneven surfaces and greater stability during high-speed maneuvers.
 

As consumers increasingly prioritize driving comfort and vehicle handling, especially in high-end and electric vehicles, demand for active suspension systems continues to grow. Manufacturers that implement active suspension technology can offer vehicles with superior ride quality, safety, and driving dynamics. For instance, In October 2023, BWI Group formed a partnership with ClearMotion Inc. to provide key full-active suspension components and subsystems to a prominent Chinese New Energy Vehicle (NEV) manufacturer. This collaboration is expected to enhance vehicle performance, comfort, and safety by integrating advanced active suspension technology, which adjusts dynamically to driving conditions.
 

The adoption of active suspension systems is driven by the rising demand for electric and hybrid vehicles, which require advanced technologies to optimize their unique driving characteristics. EVs often have a lower center of gravity and heavier battery loads, which can affect handling and comfort. Active suspension technology helps mitigate these challenges by allowing real-time adjustments to maintain balance and enhance ride smoothness, even with additional weight. As automakers push for higher performance and differentiation in their electric and hybrid models, the integration of active suspension systems becomes a valuable feature, driving further growth in this segment of the market.
 

Automotive Active Suspension System Market Trends

Advancements in sensor and actuator technology are pivotal in driving the growth of active suspension systems. Modern active suspensions use sensors to continuously monitor road conditions, vehicle speed, and driving dynamics. Paired with high-speed actuators, these systems make real-time adjustments, providing a smoother ride and improved handling. As sensor accuracy and actuator response times continue to improve, active suspension systems are becoming more efficient and reliable, enabling automakers to deliver enhanced driving experiences.
 

This technological evolution not only makes active suspensions more appealing for premium vehicles but also drives their potential integration into mid-range models in the future. For instance, in July 2024, Nio plans to launch ET9 flagship sedan in early 2025, which will be equipped with active suspension system. The Skyride system is described as an integrated hydraulic, fully active suspension capable of responding within one millisecond. Equipped with a high-performance brushless motor, the system can make up to 1,000 torque adjustments per second
 

A significant challenge for active suspension systems is the high cost associated with their development and integration. Compared to conventional automotive suspension systems, active suspensions require sophisticated sensors, high-speed actuators, and advanced software, all of which increase costs substantially. These expenses make active suspensions more feasible for high-end vehicles but pose a challenge for mass-market adoption. Additionally, maintenance costs are higher due to the system's complexity, limiting affordability for average consumers. This high cost acts as a barrier to widespread adoption, hindering growth and restricting active suspension systems primarily to luxury and premium segments.
 

Automotive Active Suspension System Market Analysis

Based on sales channel, the market is segmented into OEMs and aftermarket. In 2023, the OEM segment accounted for USD 3 billion and is expected to grow significantly over the forecast time frame. OEMs hold a significant market share in the active suspension system sector due to their ability to integrate the technology during vehicle production, ensuring compatibility and performance.
 

Active suspension systems provide OEMs with an opportunity to differentiate their vehicles by offering enhanced ride comfort and stability. As consumer demand for premium features grows, OEMs are increasingly incorporating active suspensions into their vehicle lineups, particularly in luxury and electric models. By developing in-house expertise and collaborating with suppliers, OEMs can capitalize on this trend, strengthening their competitive position and driving the adoption of active suspension systems in the market.
 

Based on the vehicle, the automotive active suspension system market is divided into passenger cars and commercial vehicles. The passenger cars held 62% of the market share in 2023. The passenger car segment is the largest market for active suspension systems, driven by consumer demand for improved ride quality and safety. As more consumers seek comfortable and smooth driving experience, especially in premium and electric vehicles, active suspension systems are becoming a popular feature in passenger cars.
 

Automakers are responding by incorporating this technology to enhance handling and stability, appealing to buyers in competitive market segments. With advancements making active suspensions more efficient and reliable, the passenger car segment will continue to drive significant demand for active suspension systems in the automotive industry.
 

China automotive active suspension system market accounted for 35% of the revenue share in 2023, driven by strong demand for luxury and electric vehicles. As the world's largest automotive market, China's consumers increasingly prioritize comfort and advanced technologies in their vehicles.
 

The government's support for electric vehicles, coupled with rising incomes, has led to high adoption rates for premium vehicles equipped with active suspensions. Local automakers are also investing in R&D to incorporate advanced suspension technologies, keeping pace with global trends. This demand for enhanced driving experiences and regulatory push for EVs make China a key growth driver in the active suspension market.
 

In North America, demand for active suspension systems is fueled by a preference for high-performance vehicles and a growing electric vehicle market. With a strong luxury vehicle market, consumers are willing to pay for advanced comfort and handling features, making active suspensions a sought-after technology. Additionally, stringent safety regulations and increasing interest in off-road vehicles in regions like the U.S. contribute to the adoption of active suspensions. North American automakers are actively integrating this technology to stay competitive, driving growth in the region as active suspension systems become a standard feature in premium and performance vehicles.
 

Europe's automotive active suspension market is growing due to stringent safety and comfort standards, as well as a strong market for luxury and high-performance vehicles. European consumers value ride comfort and vehicle stability, and automakers in the region are leaders in incorporating advanced suspension technologies. With regulatory focus on vehicle safety and emissions, active suspension systems help improve fuel efficiency and enhance control, aligning with Europe's strict standards. Additionally, the rise in electric vehicles across Europe is creating demand for technologies that optimize handling and ride quality, driving further growth in the active suspension market.
 

Automotive Active Suspension System Market Share

Mercedes, Continental, Magna, BWI, Tenneco, and Marelli collectively held a significant market share of 38% in the automotive active suspension system industry in 2023. Continental is competing in the active suspension market by focusing on innovative technologies that improve vehicle safety, comfort, and performance.
 

The company has invested in advanced suspension control systems that utilize electronic components to adjust in real time, responding to road conditions and driver input. Continental's efforts in developing connected and intelligent suspension solutions cater to the evolving needs of electric and autonomous vehicles. By collaborating with automakers and leveraging its expertise in automotive technology, Continental aims to deliver premium suspension solutions that enhance the driving experience and strengthen its position in the market.
 

Marelli has strengthened its competitive position in the active suspension market by developing solutions that integrate seamlessly with modern vehicle architectures. The company offers advanced electronic and hydraulic suspension systems designed to provide high levels of comfort, stability, and handling. Marelli is also focused on the electric and luxury vehicle segments, where demand for high-performance suspensions is robust. Through collaborations with leading automakers and continuous R&D investments, Marelli ensures that its active suspension systems align with market trends, catering to the growing preference for adaptive and responsive automotive technologies.
 

Automotive Active Suspension System Market Companies

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

• Bosch
• BWI
• Continental
• JTEKT
• Magna
• Marelli
• Mercedes
• Schaeffler
• Tenneco
• ZF

Automotive Active Suspension System Industry News

• In November 2023, Porsche unveiled the latest version of its Panamera, showcasing a powerful new hybrid V8 engine alongside advanced active suspension technology. This updated Panamera model combines increased power with hybrid efficiency, offering enhanced driving experience with improved fuel economy and reduced emissions.
   
• In June 2023, ClearMotion, a company specializing in software-defined chassis technology, announced a USD 32 million investment to advance its active chassis system. This innovative technology replaces traditional shock absorbers with high-speed software and actuators that detect road imperfections and actively adjust each wheel to reduce vehicle movement on uneven surfaces. Additionally, ClearMotion has secured a substantial production order from an electric vehicle (EV) manufacturer, which will enable its ClearMotion1 (CM1) system to be available to consumers in the coming year.
   

The automotive active suspension system market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and volume (Units) from 2021 to 2032, for the following segments:

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Market, By System

• Electromagnetic suspension
• Hydraulic suspension
• Pneumatic suspension
• Electro-hydraulic suspension

Market, By Vehicle

• Passenger cars
  • Hatchback
  • SUV
  • Sedan
• Commercial Vehicle
  • LCV
    HCV

Market, By Actuator

• Linear
• Rotary

Market, By Sales Channel

• OEM
• Aftermarket

Market, By Technology

• Semi-active
• Fully active

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

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