• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    Japan Automotive Suspension System Market

    ID: MRFR/AM/52919-HCR
    200 Pages
    Sejal Akre
    September 2025

    Japan Automotive Suspension System Market Research Report By Type (Passive Suspension System, Active Suspension System, Semi-Active Suspension System), By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Electric Vehicles, Heavy-Duty Vehicles), By System Component (Shock Absorbers, Struts, Coil Springs, Air Suspension, Leaf Springs), and By End-use (OEMs, Aftermarket)-Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Japan Automotive Suspension System Market Research Report-Forecast to 2035 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0
    Table of Contents

    Japan Automotive Suspension System Market Summary

    The Japan Automotive Suspension System market is projected to grow steadily from 3.43 USD Billion in 2024 to 4.68 USD Billion by 2035.

    Key Market Trends & Highlights

    Japan Automotive Suspension System Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 2.87% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 4.68 USD Billion, indicating a robust growth trajectory.
    • In 2024, the market is valued at 3.43 USD Billion, reflecting the current demand for advanced suspension systems.
    • Growing adoption of electric vehicles due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 3.43 (USD Billion)
    2035 Market Size 4.68 (USD Billion)
    CAGR (2025-2035) 2.87%

    Major Players

    Toyota Industries Corporation, KYB Corporation, Hendrickson International Corporation, Hitachi Automotive Systems Ltd, Mitsubishi Electric Corporation, JTEKT Corporation, Bilstein GmbH, Nippon Steel Corporation, Showa Corporation, BWI Group, Aisin Seiki Co Ltd, Tenneco Inc, Sakura Seiki Co Ltd

    Japan Automotive Suspension System Market Trends

    A rising focus on vehicle comfort, performance, and safety is driving notable trends in the Japanese automotive suspension system market. The growing customer desire for cutting-edge driving experiences, which necessitates improved suspension technologies, is a major market driver.

    Furthermore, manufacturers are being forced to reinvent suspension systems in order to achieve better handling and noise reduction due to tougher government rules on car safety and emissions. This trend is in line with Japan's efforts to progress electric car technology and promote environmentally friendly automotive technologies, both of which depend on lighter and more effective suspension systems.

    The growing popularity of driverless cars, which need highly adaptive suspension systems to remain stable and comfortable while driving, is another opportunity that should be investigated. Companies are encouraged to use cutting-edge materials and intelligent technology to increase the responsiveness and longevity of suspension systems because Japan is a leader in automotive innovation.

    Because of the nation's robust automotive manufacturing sector, technology companies and automakers can work together to improve R&D. Active suspension systems, which offer real-time modifications based on road conditions, have been increasingly popular in recent years. This development, which reflects Japan's technological breakthroughs, is driven by advanced sensors and control systems.

    Furthermore, Japan's aging population is increasing demand for safer and more comfortable automobiles, which is fueling the demand for better suspension systems. All things considered, the Japanese automotive suspension system market is undergoing dynamic shifts due to the interaction of customer demands, legal specifications, and advancements in technology.

    Japan Automotive Suspension System Market Drivers

    Market Segment Insights

    Automotive Suspension System Market Type Insights

    Automotive Suspension System Market Type Insights

    The Japan Automotive Suspension System Market demonstrates a considerable diversification in its Type category, primarily encompassing Passive Suspension Systems, Active Suspension Systems, and Semi-Active Suspension Systems.

    The Passive Suspension System remains a fundamental component in vehicles, characterized by its cost-effectiveness and reliability. It is traditionally used in a wide range of light-duty and heavy-duty vehicles, thereby capturing a significant market share due to the large automotive base in Japan. This system's simplicity in design allows for straightforward maintenance and lower production costs.

    Conversely, the Active Suspension System is gaining traction among premium automotive manufacturers who prioritize advanced performance and ride quality. This system employs real-time adjustments to adapt to driving conditions, ensuring enhanced vehicular stability and passenger comfort.

    Given Japan's focus on innovation and technology, the presence of leading automotive companies accelerates the adoption of such advanced systems. The Semi-Active Suspension System strikes a balance between the two, offering a compromise that allows for some adjustment while being less complex than fully active systems.

    Automotive Suspension System Market Vehicle Type Insights

    Automotive Suspension System Market Vehicle Type Insights

    The Japan Automotive Suspension System Market exhibits diverse dynamics across various Vehicle Types, including Passenger Vehicles, Commercial Vehicles, Electric Vehicles, and Heavy-Duty Vehicles. Passenger Vehicles are significant due to their high demand driven by urbanization and changing consumer preferences for personal mobility.

    This segment is a key contributor to the market growth, especially with the rising focus on comfort and safety features in vehicles. Meanwhile, Commercial Vehicles play a vital role in supporting the economy through logistics and transportation sectors, leading to increased demand for durable suspension systems that enhance load handling and ride quality.

    Electric Vehicles are becoming increasingly popular in Japan, reflecting the government’s commitment to sustainability and reducing carbon emissions, further influencing advancements in suspension technology aimed at improving battery efficiency and vehicle performance.

    Heavy-Duty Vehicles are essential for construction and industrial applications, emphasizing the need for robust suspension solutions to manage high stress and demanding environments.

    Automotive Suspension System Market System Component Insights

    Automotive Suspension System Market System Component Insights

    The System Component segment of the Japan Automotive Suspension System Market consists of various critical elements, each contributing significantly to vehicle performance and comfort. Shock absorbers play a pivotal role in maintaining vehicle stability and ride quality, reducing the impact of road irregularities while enhancing safety.

    Struts, essential for vehicle structure and support, provide additional strength and durability, making them crucial for both performance and safety aspects. Coil springs, which are designed to bear the weight of the vehicle while also absorbing shock, are vital in providing comfort and stability during operation.

    Air suspension systems offer superior adaptability to varying load conditions and road types, promoting a smooth ride experience and improving height adjustment for better vehicle handling. Leaf springs, traditionally used in heavy-duty vehicles, continue to dominate the commercial sector due to their reliability and strength.

    Collectively, these components play a major role in addressing the increasing demand for enhanced vehicle dynamics, safety features, and comfort in Japan's automotive market.

    Automotive Suspension System Market

    Automotive Suspension System Market End-use Insights

    The Japan Automotive Suspension System Market is characterized by a diverse range of End-uses, primarily segmented into Original Equipment Manufacturers (OEMs) and the Aftermarket. The OEM segment plays a vital role in the supply chain, as it provides suspension systems that meet the high standards of vehicle manufacturers.

    This segment is important due to the increasing demand for vehicles with enhanced comfort, stability, and safety features. On the other hand, the Aftermarket segment is significant for the replacement of parts and upgrades, driven by vehicle longevity and the need for customization.

    In Japan, with its aging vehicle fleet and a high rate of car ownership, the Aftermarket holds a considerable share of the market, providing opportunities for innovation and expansion in suspension products. Additionally, the growing trend of vehicle electrification is influencing both segments, pushing for development in lightweight and advanced materials.

    Get more detailed insights about Japan Automotive Suspension System Market Research Report-Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The Japan Automotive Suspension System Market is characterized by a robust competitive landscape, driven by technological advancements and ongoing demand for high-performance vehicles. Companies within this market are continuously innovating to improve suspension systems, focusing on providing better ride quality, enhanced safety, and increased durability.

    With the increasing emphasis on passenger comfort and vehicle stability, the competition has intensified, prompting manufacturers to invest in research and development. The market features a blend of established players with significant market shares and emerging companies striving to carve out their niche.

    As the country is known for its automotive excellence, domestic and global firms alike are vying for a piece of the pie, creating a dynamic and highly competitive arena.

    Toyota Industries Corporation has established itself as a leading figure in the Japan Automotive Suspension System Market, known for its commitment to quality and innovation. The company has leveraged its extensive experience in manufacturing and engineering to produce reliable suspension systems that are widely integrated into various automotive applications.

    Strong R&D capabilities enable Toyota Industries Corporation to maintain a competitive edge, allowing it to develop new technologies and enhance existing products consistently. Its deep-rooted presence in Japan's automotive industry, combined with robust partnerships with major vehicle manufacturers, reinforces the company's market position.

    The focus on sustainability and incorporation of advanced materials also supports Toyota Industries Corporation in evolving with market trends while meeting the growing demands for eco-friendly automotive solutions.

    KYB Corporation is a prominent player in the Japan Automotive Suspension System Market, renowned for its diverse range of products, including shock absorbers and struts that cater to numerous vehicle types. The company's reputation for delivering high-quality suspension components has solidified its market presence and fostered customer loyalty.

    With a commitment to innovation, KYB invests substantially in technology advancements, aiming to enhance the performance and safety of suspension systems. Additionally, KYB Corporation has pursued strategic alliances and mergers that strengthen its competitive standing and product offerings.

    By continuously expanding its manufacturing capabilities and incorporating cutting-edge technologies, the company not only meets domestic demands but also positions itself to serve global markets effectively.

    The focus on creating high-performance and durable suspension components contributes to KYB Corporation's strengths, allowing it to adapt to changing consumer preferences and industry standards effectively.

    Key Companies in the Japan Automotive Suspension System Market market include

    Industry Developments

    Recent developments in the Japan Automotive Suspension System Market reveal a dynamic environment. Companies such as Toyota Industries Corporation, KYB Corporation, and Hitachi Automotive Systems Ltd are actively advancing their technological capabilities.

    In April 2023, KYB Corporation announced a partnership with Aisin Seiki Co Ltd. to enhance their production of advanced suspension systems, focusing on electric and hybrid vehicles.

    In terms of market growth, there has been a notable increase in valuation; Hitachi Automotive Systems Ltd. reported a significant rise in demand for their innovative suspension technologies, particularly those aimed at improving vehicle safety and comfort, driven by the ongoing shift towards electric vehicles.

    Notably, Mitsubishi Electric Corporation is investing heavily in R&D, endorsing better materials for automotive suspension systems. Additionally, Showa Corporation completed the acquisition of a smaller competitor in May 2022, enabling them to bolster their product offerings and increase market share.

    This acquisition aligns with the industry's trend towards consolidation, as firms seek to enhance their technological edge in the face of increasing competition. Overall, the Japan Automotive Suspension System Market is characterized by collaboration and innovation, paving the way for enhanced product performance and market competitiveness.

    Market Segmentation

    Outlook

    • OEMs
    • Aftermarket

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 3.21(USD Billion)
    MARKET SIZE 2024 3.43(USD Billion)
    MARKET SIZE 2035 4.68(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 2.865% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Toyota Industries Corporation, KYB Corporation, Hendrickson International Corporation, Hitachi Automotive Systems Ltd, Mitsubishi Electric Corporation, JTEKT Corporation, Bilstein GmbH, Nippon Steel Corporation, Showa Corporation, BWI Group, Aisin Seiki Co Ltd, Tenneco Inc, Sakura Seiki Co Ltd
    SEGMENTS COVERED Type, Vehicle Type, System Component, End Use
    KEY MARKET OPPORTUNITIES Electric vehicle suspension innovation, Advanced lightweight materials adoption, Smart suspension technology integration, Enhanced ride comfort solutions, Increased demand for performance tuning
    KEY MARKET DYNAMICS Technological advancements, Regulatory compliance demands, Increasing electric vehicle adoption, Consumer preference for ride comfort, Rising demand for lightweight materials
    COUNTRIES COVERED Japan

    Market Highlights

    Author
    Sejal Akre
    Senior Research Analyst

    She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

    Leave a Comment

    FAQs

    What is the market size of the Japan Automotive Suspension System Market in 2024?

    The market size of the Japan Automotive Suspension System Market is expected to be valued at 3.43 USD Billion in 2024.

    What will be the projected market size of the Japan Automotive Suspension System Market by 2035?

    By 2035, the projected market size is expected to reach 4.68 USD Billion.

    What is the anticipated CAGR for the Japan Automotive Suspension System Market from 2025 to 2035?

    The anticipated CAGR for the market from 2025 to 2035 is 2.865 percent.

    Which type of suspension system holds the largest market share in Japan's automotive sector in 2024?

    In 2024, the Passive Suspension System is expected to hold the largest market share at 1.28 USD Billion.

    What is the expected market size of the Active Suspension System segment in 2024?

    The market size for the Active Suspension System segment is expected to be 1.12 USD Billion in 2024.

    How much is the Semi-Active Suspension System valued at in 2024?

    The Semi-Active Suspension System is valued at 1.03 USD Billion in 2024.

    Who are the key players in the Japan Automotive Suspension System Market?

    Key players in the market include Toyota Industries Corporation, KYB Corporation, and Mitsubishi Electric Corporation among others.

    What are the growth drivers for the Japan Automotive Suspension System Market?

    Growth drivers include increasing automotive production and advancements in suspension technologies.

    What challenges does the Japan Automotive Suspension System Market face?

    Challenges include rising raw material costs and the need for continuous innovation in suspension technologies.

    How are global conflicts impact the Japan Automotive Suspension System Market?

    Current global conflicts can disrupt supply chains and impact market stability in the Japan Automotive Suspension System Market.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. Japan
    59. Automotive Suspension System Market, BY Type (USD Billion)
    60. Passive
    61. Suspension System
    62. Active Suspension System
    63. Semi-Active
    64. Suspension System
    65. Japan Automotive
    66. Suspension System Market, BY Vehicle Type (USD Billion)
    67. Passenger
    68. Vehicles
    69. Commercial Vehicles
    70. Electric
    71. Vehicles
    72. Heavy-Duty Vehicles
    73. Japan
    74. Automotive Suspension System Market, BY System Component (USD Billion)
    75. Shock
    76. Absorbers
    77. Struts
    78. Coil Springs
    79. Air
    80. Suspension
    81. Leaf Springs
    82. Japan
    83. Automotive Suspension System Market, BY End Use (USD Billion)
    84. OEMs
    85. Aftermarket
    86. Competitive Landscape
    87. Overview
    88. Competitive
    89. Analysis
    90. Market share Analysis
    91. Major
    92. Growth Strategy in the Automotive Suspension System Market
    93. Competitive
    94. Benchmarking
    95. Leading Players in Terms of Number of Developments
    96. in the Automotive Suspension System Market
    97. Key developments
    98. and growth strategies
    99. New Product Launch/Service Deployment
    100. Merger
    101. & Acquisitions
    102. Joint Ventures
    103. Major
    104. Players Financial Matrix
    105. Sales and Operating Income
    106. Major
    107. Players R&D Expenditure. 2023
    108. Company
    109. Profiles
    110. Toyota Industries Corporation
    111. Financial
    112. Overview
    113. Products Offered
    114. Key
    115. Developments
    116. SWOT Analysis
    117. Key
    118. Strategies
    119. KYB Corporation
    120. Financial
    121. Overview
    122. Products Offered
    123. Key
    124. Developments
    125. SWOT Analysis
    126. Key
    127. Strategies
    128. Hendrickson International
    129. Corporation
    130. Financial Overview
    131. Products
    132. Offered
    133. Key Developments
    134. SWOT
    135. Analysis
    136. Key Strategies
    137. Hitachi
    138. Automotive Systems Ltd
    139. Financial Overview
    140. Products
    141. Offered
    142. Key Developments
    143. SWOT
    144. Analysis
    145. Key Strategies
    146. Mitsubishi
    147. Electric Corporation
    148. Financial Overview
    149. Products
    150. Offered
    151. Key Developments
    152. SWOT
    153. Analysis
    154. Key Strategies
    155. JTEKT
    156. Corporation
    157. Financial Overview
    158. Products
    159. Offered
    160. Key Developments
    161. SWOT
    162. Analysis
    163. Key Strategies
    164. Bilstein
    165. GmbH
    166. Financial Overview
    167. Products
    168. Offered
    169. Key Developments
    170. SWOT
    171. Analysis
    172. Key Strategies
    173. Nippon
    174. Steel Corporation
    175. Financial Overview
    176. Products
    177. Offered
    178. Key Developments
    179. SWOT
    180. Analysis
    181. Key Strategies
    182. Showa
    183. Corporation
    184. Financial Overview
    185. Products
    186. Offered
    187. Key Developments
    188. SWOT
    189. Analysis
    190. Key Strategies
    191. BWI
    192. Group
    193. Financial Overview
    194. Products
    195. Offered
    196. Key Developments
    197. SWOT
    198. Analysis
    199. Key Strategies
    200. Aisin
    201. Seiki Co Ltd
    202. Financial Overview
    203. Products
    204. Offered
    205. Key Developments
    206. SWOT
    207. Analysis
    208. Key Strategies
    209. Tenneco
    210. Inc
    211. Financial Overview
    212. Products
    213. Offered
    214. Key Developments
    215. SWOT
    216. Analysis
    217. Key Strategies
    218. Sakura
    219. Seiki Co Ltd
    220. Financial Overview
    221. Products
    222. Offered
    223. Key Developments
    224. SWOT
    225. Analysis
    226. Key Strategies
    227. References
    228. Related
    229. Reports
    230. LIST
    231. OF ASSUMPTIONS
    232. Japan Automotive Suspension System Market
    233. SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    234. Japan
    235. Automotive Suspension System Market SIZE ESTIMATES & FORECAST, BY VEHICLE TYPE,
    236. 2035 (USD Billions)
    237. Japan Automotive Suspension
    238. System Market SIZE ESTIMATES & FORECAST, BY SYSTEM COMPONENT, 2019-2035 (USD
    239. Billions)
    240. Japan Automotive Suspension System Market SIZE
    241. ESTIMATES & FORECAST, BY END USE, 2019-2035 (USD Billions)
    242. PRODUCT
    243. LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    244. ACQUISITION/PARTNERSHIP
    245. LIST
    246. Of figures
    247. MARKET SYNOPSIS
    248. JAPAN
    249. AUTOMOTIVE SUSPENSION SYSTEM MARKET ANALYSIS BY TYPE
    250. JAPAN
    251. AUTOMOTIVE SUSPENSION SYSTEM MARKET ANALYSIS BY VEHICLE TYPE
    252. JAPAN
    253. AUTOMOTIVE SUSPENSION SYSTEM MARKET ANALYSIS BY SYSTEM COMPONENT
    254. JAPAN
    255. AUTOMOTIVE SUSPENSION SYSTEM MARKET ANALYSIS BY END USE
    256. KEY
    257. BUYING CRITERIA OF AUTOMOTIVE SUSPENSION SYSTEM MARKET
    258. RESEARCH
    259. PROCESS OF MRFR
    260. DRO ANALYSIS OF AUTOMOTIVE SUSPENSION
    261. SYSTEM MARKET
    262. DRIVERS IMPACT ANALYSIS: AUTOMOTIVE SUSPENSION
    263. SYSTEM MARKET
    264. RESTRAINTS IMPACT ANALYSIS: AUTOMOTIVE
    265. SUSPENSION SYSTEM MARKET
    266. SUPPLY / VALUE CHAIN: AUTOMOTIVE
    267. SUSPENSION SYSTEM MARKET
    268. AUTOMOTIVE SUSPENSION SYSTEM
    269. MARKET, BY TYPE, 2025 (% SHARE)
    270. AUTOMOTIVE SUSPENSION
    271. SYSTEM MARKET, BY TYPE, 2019 TO 2035 (USD Billions)
    272. AUTOMOTIVE
    273. SUSPENSION SYSTEM MARKET, BY VEHICLE TYPE, 2025 (% SHARE)
    274. AUTOMOTIVE
    275. SUSPENSION SYSTEM MARKET, BY VEHICLE TYPE, 2019 TO 2035 (USD Billions)
    276. AUTOMOTIVE
    277. SUSPENSION SYSTEM MARKET, BY SYSTEM COMPONENT, 2025 (% SHARE)
    278. AUTOMOTIVE
    279. SUSPENSION SYSTEM MARKET, BY SYSTEM COMPONENT, 2019 TO 2035 (USD Billions)
    280. AUTOMOTIVE
    281. SUSPENSION SYSTEM MARKET, BY END USE, 2025 (% SHARE)
    282. AUTOMOTIVE
    283. SUSPENSION SYSTEM MARKET, BY END USE, 2019 TO 2035 (USD Billions)
    284. BENCHMARKING
    285. OF MAJOR COMPETITORS

    Japan Automotive Suspension System Market Segmentation

    • Automotive Suspension System Market By Type (USD Billion, 2019-2035)

      • Passive Suspension System
      • Active Suspension System
      • Semi-Active Suspension System

     

    • Automotive Suspension System Market By Vehicle Type (USD Billion, 2019-2035)

      • Passenger Vehicles
      • Commercial Vehicles
      • Electric Vehicles
      • Heavy-Duty Vehicles

     

    • Automotive Suspension System Market By System Component (USD Billion, 2019-2035)

      • Shock Absorbers
      • Struts
      • Coil Springs
      • Air Suspension
      • Leaf Springs

     

    • Automotive Suspension System Market By End Use (USD Billion, 2019-2035)

      • OEMs
      • Aftermarket
    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials