Automotive Suspension Market - Size, Share, Industry Trends, and Forecasts (2025-2032)

By Component:

Based on component, the automotive suspension market is segmented into air compressors, ball joint, control arm, shock dampener, struts, and others.

Trends in component:

• The innovations in the suspension components such as adaptive and semi-active shock absorbers, which automatically adjust damping characteristics based on road conditions and driving styles, are gaining popularity. These advanced systems contribute to improved vehicle stability, reduced vibration, and enhanced overall driving comfort.
• The emergence of online retail channels and the availability of a wide range of aftermarket products are providing consumers with convenient options for purchasing suspension components.
• Thus, the above factors are driving the automotive suspension market demand.

The shock dampener segment accounted for the largest revenue share in the year 2024.

• The integration of electronic and adaptive shock absorbers in premium and luxury vehicles is becoming more common. These systems adjust damping rates in real-time, providing a superior driving experience.
• The use of advanced materials also allows for more intricate and efficient designs, leading to better shock absorption and longer-lasting components. This shift towards advanced materials is being driven by stringent environmental regulations and the automotive industry's focus on sustainability and reducing carbon emissions.
• In April 2023, ZF Aftermarket launched TRW products, which included TRW brake pads, TRW brake discs, and TRW shock absorbers, for Indian market. The shock absorbers and brake pads are free from harmful chemicals and work to reduce carbon emissions by generating less heat.
• Thus, the above developments are further driving the automotive suspension market growth.

The control arm segment is anticipated to register the fastest CAGR during the forecast period.

• Control arms, also known as A-arms or wishbones, are crucial components of a vehicle's suspension system, connecting the wheel hub to the chassis. They play a vital role in maintaining stability, handling, and smooth ride quality.
• With the automotive sector shifting towards electric vehicles and the integration of advanced driver assistance systems (ADAS), there is a growing need for high-performance control arms that can enhance vehicle dynamics and safety.
• Stringent government regulations regarding vehicle emissions and fuel efficiency are compelling automakers to adopt lightweight materials like aluminum and composite materials for manufacturing control arms. These lightweight materials not only help in reducing vehicle weight but also contribute to improved fuel efficiency and reduced carbon emissions.
• Thus, the aforementioned factors are expected to drive the automotive suspension market share during the forecast period.

By System:

Based on the system, the automotive suspension market is segmented into a passive system, active system, and semi-active system.

Trends in system:

• The rising demand for enhanced vehicle comfort, with technological advancements in materials and electronic systems, are driving the development and adoption of these systems across various vehicle segments, including passenger cars, commercial vehicles, and electric vehicles.
• The innovations such as adaptive air suspension, semi-active and active suspension systems, and intelligent suspension technologies are becoming more prevalent in both high-end and mass-market vehicles.

The passive system segment accounted for the largest revenue in the year 2024.

• Passive suspension systems are the traditional choice, offering a simple and cost-effective solution for vehicle suspension. These systems use mechanical components such as springs and shock absorbers to dampen vibrations and maintain vehicle stability.
• Manufacturers are investing heavily in research and development to innovate new suspension technologies, including adaptive damping systems, air suspensions, and passive suspension systems. These advancements not only enhance ride quality but also contribute to improved fuel efficiency and overall vehicle safety.
• Thus, based on the above analysis, these developments in the passive system segment are driving the automotive suspension market growth.

The active system segment is anticipated to register the fastest CAGR during the forecast period.

• As consumers increasingly prioritize comfort and safety features in their vehicles, automakers are integrating active suspension systems to meet these expectations. These systems utilize sensors and control units to continuously adjust the vehicle's suspension settings, providing a smoother ride and better handling, especially on uneven terrain or during sudden manoeuvres.
• Active suspension systems utilize a network of sensors, actuators, and electronic controls to actively adjust suspension parameters in real-time, providing optimal ride quality, stability, and control across a wide range of driving conditions.
• The growing demand for luxury and high-performance vehicles is fuelling the adoption of active suspension systems among premium car manufacturers. These systems are becoming increasingly common in luxury sedans, SUVs, and sports cars, where they contribute to a comfortable and controlled ride quality that aligns with the expectations of customers.
• These developments in the system segment is anticipated to further drive the automotive suspension market trends during the forecast period.

By Suspension Type:

Based on suspension type, the market is segmented into hydraulic suspension, air suspension, and leaf spring.

Trends in suspension type:

• The rising disposable incomes in the emerging markets have led to a growing need for premium and high-performance vehicles, which are often equipped with advanced suspension systems.
• As commercial vehicles continue to evolve, the need for innovative suspension systems will grow, with manufacturers focusing on developing solutions that meet the specific needs of light and heavy commercial vehicles.

The air suspension segment accounted for the largest revenue share in the year 2024 and it is expected to register the highest CAGR during the forecast period.

• As governments invest in modernizing transportation networks and improving road infrastructure to accommodate the growing population and economic activities, there is a need for advanced air suspension solutions that can enhance vehicle performance and ride quality, particularly in commercial vehicles that travel across long distances over varied terrain.
• Manufacturers in the automotive sector are exploring ways to develop sustainable technologies, including air suspension systems. By focusing on environmental benefits, such as reduced vehicle weight, improved fuel efficiency, and lower emissions, manufacturers can align their products with evolving market preferences and cater to environmentally conscious consumers.
• For instance, in July 2021, WABCO launched energy-efficient air suspension technologies, such as ECAS technology, for heavy-duty trucks, to improve fuel efficiency. WABCO’s air suspension with ECAS technology reacts with external factors, such as uneven road surfaces, braking, and road curves.
• These developments in the air suspension segment are driving the global market share during the forecast period.

By Vehicle Type:

Based on vehicle type, the automotive suspension market is segmented into passenger vehicles, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs)

Trends in vehicle type:

• With continuous technological advancements and increasing emphasis on safety and comfort, the segment is expected to witness sustained growth in the coming years.
• Stringent government regulations related to vehicle safety and emissions are influencing the adoption of advanced suspension systems in both passenger vehicles and commercial vehicles. Manufacturers are compelled to integrate features such as electronic stability control (ESC), adaptive damping systems, and air suspension systems to comply with these regulations and meet the evolving customer expectations.

The passenger vehicles segment accounted for the largest revenue share of 58.33% in the year 2024 and it is expected to register the highest CAGR during the forecast period.

• The segment growth can be attributed to the rising disposable income levels and significant spending on maintenance and performance management by replacing parts, such as suspension systems.
• As consumers prioritize comfort and luxury features in their vehicles, air suspension systems have become a desirable option for automakers looking to differentiate their products and attract customers. These systems offer smoother rides, reduced road noise, and improved handling characteristics compared to traditional suspension systems, contributing to a more enjoyable driving experience for passengers.
• For instance, in September 2021, Continental AG extended its product portfolio in the automotive spare parts group, with the launch of air suspension dampers, thermostats, and compressors. The products will be initially available for Volkswagen and Audi models, including VW Touraeg, Audi Q7, and Audi Q8.
• Thus, based on the above analysis, the aforementioned factors are expected to drive the automotive suspension market trends during the forecast period.