Automotive Adaptive Suspension System Market Share

Automotive Adaptive Suspension System Market Share Analysis

According to the World Health Organization (WHO), more than one million people are killed and over 50 million are injured in road accidents each year, with a majority of these incidents occurring in developing countries. This alarming situation has raised concerns about the safety and comfort of vehicles on the road.
High-quality shock absorbers and suspension systems play a crucial role in ensuring the smooth handling and braking of vehicles. The adaptive suspension system is particularly important in guaranteeing safety and comfort while driving. In developing countries, there has been an increase in the sales of passenger vehicles, such as sedans and luxury cars, which rely on nonlinear asymmetrical shock absorbers and smart suspension systems to absorb shocks and jerks caused by poor road conditions. Similarly, the premium passenger cars, which are known for their high-quality features, have also seen a rise in sales, including top-notch shock absorbers and other safety and comfort technologies.
To address the challenges posed by bad road conditions, leading global automotive parts and component suppliers are actively providing suspension technologies to original equipment manufacturers (OEMs). One such example is the Multi-Tuned Valve (MTV) suspension technology developed by Tenneco Inc., a renowned supplier of ride performance and clean air products. This technology, introduced in 2018, offers great flexibility in tuning the ride characteristics of vehicles, ensuring the best possible balance between performance and comfort.
The adoption of advanced suspension technologies is crucial in mitigating the impact of poor road conditions and enhancing the overall driving experience. These technologies not only improve vehicle stability and control but also contribute to better handling and braking, reducing the risk of accidents and injuries. By providing a smoother and more comfortable ride, adaptive suspension systems play a vital role in ensuring the safety and well-being of both drivers and passengers.