Automotive Active Suspension System Market
Automotive Active Suspension System Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Automotive Active Suspension System Market Size and Growth
The global automotive active suspension system market is projected to grow at a CAGR of 6.5% during the forecast period of 2021-2026. The market size is estimated to reach $3.5 billion by 2026. The increasing demand for comfortable and safe driving experience is driving the growth of the market.
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Companies Covered (Covid 19 Impact Covered)
◍ Tenneco
◍ Porsche
◍ Continental
◍ Wabco
◍ Mercedes-Benz
◍ BWI Group
◍ ZF
◍ Hitachi Automotive Systems
The competitive landscape of the Automotive Active Suspension System Market includes key players like Tenneco, Porsche, Continental, Wabco, Mercedes-Benz, BWI Group, ZF, and Hitachi Automotive Systems. These companies utilize active suspension systems in their vehicles to enhance performance, comfort, and safety, thereby driving the growth of the market.
- Tenneco: $17.45 billion (2019)
- Continental: €44.3 billion (2019)
- Mercedes-Benz: €93.31 billion (2019) Request Sample Report
Market Segmentation
By Application
◍ Passenger Vehicles
◍ Commercial Vehicles
By Product
◍ Air Suspension
◍ Hydraulic Suspension
◍ Electromagnetic Suspension
◍ Electro-hydraulic Suspension
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$ X Billion USD
Market Growth
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