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Regenerative Suspension System Market

Regenerative Suspension System Market

Regenerative Suspension System Market Analysis By Suspension Type (MacPherson Strut, Double Wishbone, Dual Beam, Multi-link & Others) By Technology (Hydraulic & Electromagnetic) By System Type (Active & Semi Active Suspension) By EV Type & Region – Global Report till 2032

Regenerative Suspension System Market
FACT7676MR
  • Sep-2022
  • List of Tables : 70
  • List of Figures : 114
  • 170 Pages
  • Automotive

Regenerative Suspension System Market Outlook (Till 2032)

The global regenerative suspension system market is expected to reach a valuation of US$ 643.4 million in 2025, with Europe and North America together for more than 50% market share.

The industry is predicted to further boom at a CAGR of 31.5% to climb to a market size of US$ 4.37 billion by the end of 2032.

Report Attributes

Details

Regenerative Suspension System Market Size (2025F)

US$ 643.4 Million

Forecasted Market Value (2032F)

US$ 4.37 Billion

Global Market Growth Rate (2025-2032)

31.5% CAGR

Europe Market Share (2025F)

34.7%

North America Market Value (2032F)

US$ 625 million

Key Companies Profiled

  • Audi
  • Guident
  • Intertronic Gresser GmbH
  • Levant
  • SoftWheel
  • ZF Friedrichshafen AG

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Sales Analysis of Regenerative Suspension Systems Till 2032

Vehicle suspension has come a long way since the commencement of riding on wheels. Although suspension design has undoubtedly advanced significantly, the fundamental principle remains the same. Future automotive technology will have regenerative suspension systems. Recent years have seen a lot of interest in renewable energy technology, particularly in electric vehicles (EVs).

Regenerative shock absorbers can turn the wasted energy in a car's shock absorbers into a different type of energy. A regenerative shock absorber can transform vibrational kinetic energy, which is often lost as heat in suspension systems, into electricity.

Innovation in suspension systems has become a priority for emerging electric vehicle manufacturers, which could assist them in tackling several challenges related to driving range and power requirements.

  • Short Term (2022 Q2-2025): Unceasing trend towards heightened EV sales to positively impact regenerative suspension system R&D and market growth.
  • Medium Term (2025-2028): Growth in electric vehicles, including HEVs, BEVs, and FCEVs, owing to technological advancements and product upgrades will result in increased demand for regenerative suspension systems.
  • Long Term (2028-2032): As the world adopts more electric & environment-friendly vehicles, sales of regenerative suspension systems are expected to reach new heights over the long-term period.

According to Fact.MR, a market research and competitive intelligence provider, the market for regenerative suspension systems is projected to exhibit astonishing growth at 31.5% CAGR between 2025 and 2032.

Regenerative suspension system market forecast by Fact.MR

Market share analysis of regenerative suspension systems based on region and market Y-o-Y growth of technology. Under the technology segment, the electromagnetic sub-segment will thrive with 92.1% market share by 2032.

Why is Demand for Regenerative Suspension Systems Set to Boom?

“Growth in EV Sales to Fuel Demand for Regenerative Suspension Systems”

In 2021, the number of electric cars sold globally doubled from the previous year to reach a new high of 6.6 million. In the same year, the market share of electric vehicles was around 10% worldwide, up from just 2% in 2019. With this, there are now over 16.5 million electric vehicles on the roads across the world, which is 3X than that in 2018.

2 million electric vehicle sales in the first quarter of 2022 amounted to a 75% increase over the same time in 2021. The market for electric vehicles has continued to grow rapidly. Electric vehicles of today are technological marvels. While their propulsion receives most of the attention, these vehicles also have other cutting-edge features.

Regenerative suspensions, which recover energy through the car's shock absorbers, are one of the most prominent EV innovations. In 2009, MIT students created the initial regenerative suspension system. Numerous engineers and automakers have since created their own prototypes. This story is important for EVs since it shows how this energy can be used to produce electricity that can be used to power the vehicle. This could theoretically expand EV car ranges and expedite public acceptance of EVs.

An Adaptive Approach to Modern-day Research Needs

What Do Regenerative Suspension System Producers Need to Watch Out For?

“High Initial Cost of Regenerative Suspension Systems to Dent Adoption in Passenger Vehicles”

The standard range of a regenerative suspension system can be developed, however, it is still not a feasible choice as sales would be limited to premium electric vehicles. Due to the high initial investment required in research & development, OEMs are reluctant to implement regenerative shock absorbers in vehicles. The cost is uncertain as regenerative suspension systems are currently in the development & prototyping stage, requiring a lot of work to be done for commercialization.

Higher suspension costs would lead to increased prices of EVs, which could restrain the growth of this market. It’s no secret that the maintenance of the suspension is one of the most expensive aspects of a vehicle. Owing to the aforementioned factors, investments in the mass production of regenerative suspensions are a challenging task for manufacturers.

“Limited Investments in R&D Slowing Product Development”

Currently, very few companies are investing in the research & development of regenerative suspension systems, and are more focused on currently trending air suspensions in EVs. The interest in the development of current suspension systems and reluctance towards development due to high initial investments and arising technical challenges are slowing market growth for regenerative shock absorbers.

Country-wise Insights

Why is Europe an Appealing Market for Regenerative Suspension System Manufacturers?

The automotive industry is the backbone of the European economy. The EU aims to be climate-neutral by 2050 to become the first continent to reach a net-zero emissions balance. Sales of electric vehicles in Europe increased by more than 65% year-over-year to 2.3 million in 2021. The world's highest compound annual growth rate (CAGR) for EV sales was achieved in Europe (61%), surpassing China (58%) and the United States (32%).

The EU is one of the top auto producers in the world, and this sector sees the biggest private investment in R&D. The automotive sector is highly likely to generate innovative opportunities for regeneration suspension system developers.

Apart from this, Europe will continue its dominance in electric vehicles on the back of robust automotive infrastructure and sustainable policies. Europe holds significant potential for regenerative suspension system suppliers over the coming years.

The Europe regenerative suspension system market is forecasted to reach US$ 951 million by 2032.

How is the U.S. Regenerative Suspension System Market Expected to Evolve?

The U.S. is expected to hold more than 91% of the North American regenerative suspension system market share by 2032.

Sales of electric vehicles in the United States doubled to cross 500,000 in 2021, marking a remarkable comeback for the market. The overall auto industry recovered as well, and the share of electric vehicles doubled to 4.5%. With more than half of all the electric vehicles sold, Tesla continues to hold a majority of the market share for electric vehicles in the U.S.

Significant tax credit benefits are available to customers in the U.S. for electric vehicles. The country holds a majority of the premium EV segment, which is expected to drive the demand for regeneration suspension systems from premium automakers.

The North America regenerative suspension system market is anticipated to reach a valuation of US$ 910 million by 2032.

Category-wise Insights

Which EV Will Enjoy Higher Deployment of Regenerative Suspension Systems?

Regenerative suspension systems can be utilized in all types of EVs, including passenger and commercial vehicles. Among them, the passenger cars segment is expected to be a lucrative opportunity for regenerative suspension system makers. However, initially, after successful trials and implementation, these regenerative suspension systems would likely be installed in premium electric vehicles due to the high cost of development.

With continuous innovations in design and durability, the passenger cars segment is predicted to expand significantly over the next ten years.

Will Active Regenerative Suspension Systems Be the Way Ahead?

The limitations of passive suspensions prevent the car from providing both, a comfortable ride and stable handling. As a result, active suspension research and application are growing in popularity, which will significantly enhance the dynamic performance of vehicles.

As manufacturers are implementing advanced technologies, energy expenditure is also increasing as a result of enhanced performance and capacity of applications, as well as other accessories. Energy harvested by a regenerative suspension can be utilized in supplementing the energy requirement of vehicles.

The regenerative suspension system types include hydraulic and electromagnetic (linear & rotary); amongst them, electromagnetic regenerative suspension systems are being widely developed.

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Competitive Landscape

Prominent regenerative suspension system developers are Audi, Guident, Intertronic Gresser GmbH, Levant, SoftWheel, and ZF Friedrichshafen AG.

Leading manufacturers of regenerative suspension systems are still in the R&D stage. Companies are trying different variations and testing the results for maximum energy yield. Traditional steel springs and shock absorbers have been fully abolished by researchers to focus on additional forces for the conversion of power into energy.

If companies achieve correct calculations, higher energy yield, and optimized costing, the potential of this technology is truly significant.

Moreover, soon leading players would be focusing on strategies such as acquiring and partnering with other firms to extend their product portfolios and gain technical expertise to develop advanced regenerative suspension systems.

For Instance:

  • In 2020, Guident announced gaining an exclusive license to U.S. patent # 8,941,251 from the Research Foundation of the State of New York for new regenerative shock absorber technology. This patent allows the manufacturing of electromagnetic regenerative shock absorbers with a high energy density that can recover a vehicle's vibrational energy.
  • In a recent development, Israeli start-up SoftWheel announced a technology that can harvest energy and absorb shocks for electric vehicles. The company says that quite a few car manufacturers have approached them regarding this technology.
  • Audi has developed a prototype suspension system called eROT that uses the motion of shock absorbers to generate electricity.
  • Intertronic Gresser GmbH, in Germany, was granted patents in the U.S., Europe, and China for the novel invention 'electricity-generating suspension system' for hybrid and electric cars.

Fact.MR has provided detailed information about the price points of key manufacturers of regenerative suspension systems positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Regenerative Suspension System Industry Research

  • By Suspension Type :

    • MacPherson Strut
    • Double Wishbone
    • Dual Beam
    • Multi-link
    • Others
  • By Technology :

    • Hydraulic
    • Electromagnetic
      • Linear
      • Rotary
  • By EV Type :

    • Passenger Cars
      • Mid Size
      • Compact
      • Luxury
    • Commercial
      • LCVs
      • HCVs
      • Buses & Coaches
  • By System Type :

    • Active Suspension
    • Semi-active Suspension
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

- FAQs -

The global regenerative suspension system market is estimated to reach US$ 643.4 million in 2025.
Worldwide sales of regenerative suspension systems are anticipated to reach US$ 4.37 billion by 2032.
Europe will top the global regenerative suspension system market accounting for 34.7% market share in 2025.
Electromagnetic regenerative suspension systems are estimated to account for 92.1% share of the global market.

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