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The automotive active suspension system market has the potential to grow by USD 737.00 million during 2020-2025, and the market’s growth momentum will accelerate at a CAGR of 6%.
This automotive active suspension system market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (hydraulic actuator, pneumatic actuator, and electromagnetic actuator) and geography (Europe, North America, APAC, South America, and MEA). The automotive active suspension system market report also offers information on several market vendors, including Continental AG, Daimler AG, Hitachi Ltd., Hyundai Mobis Co. Ltd., Infineon Technologies AG, Marelli Holdings Co. Ltd., Parker Hannifin Corp., Tenneco Inc., thyssenkrupp AG, and ZF Friedrichshafen AG among others.
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Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increasing demand for comfort with a smoother driving experience is notably driving the automotive active suspension system market growth, although factors such as the use of advanced technology add to the costs of manufacturers and end-users may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the automotive active suspension system industry get your FREE report sample now.
This automotive active suspension system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
The automotive active suspension system market is fragmented and the vendors are deploying growth strategies such as investments in R&D to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the automotive active suspension system market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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38% of the market’s growth will originate from North America during the forecast period. The US is the key market for automotive active suspension system in North America. Market growth in this region will be slower than the growth of the market in MEA.
The high penetration of premium and luxury segment vehicles will facilitate the automotive active suspension system market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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Currently, the global automotive advanced suspension system market using hydraulic actuators dominates the market. These actuators can hold high forces and torque for high force automotive applications, making them suitable for the active suspension system. Some of the leading OEMs, such as Mercedes-Benz and BMW, use hydraulic actuator-based active suspension systems for their premium models.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive active suspension system market size.
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Automotive Active Suspension System Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
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Market growth 2021-2025 |
$ 737.00 million |
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Market structure |
Fragmented |
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YoY growth (%) |
5.65 |
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Regional analysis |
Europe, North America, APAC, South America, and MEA |
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Performing market contribution |
North America at 38% |
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Key consumer countries |
Germany, US, China, Japan, and France |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Continental AG, Daimler AG, Hitachi Ltd., Hyundai Mobis Co. Ltd., Infineon Technologies AG, Marelli Holdings Co. Ltd., Parker Hannifin Corp., Tenneco Inc., thyssenkrupp AG, and ZF Friedrichshafen AG |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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