Automotive Active Suspension System Market Size

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.