Global Air Suspension Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Air Suspension Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Air Suspension market size was valued at USD 6442.8 million in 2023 and is forecast to a readjusted size of USD 9167.6 million by 2030 with a CAGR of 5.2% during review period.

Air suspension is a type of vehicle suspension powered by an electric or engine-driven air pump or compressor. This compressor pumps the air into a flexible bellows, usually made from textile-reinforced rubber. The air pressure inflates the bellows, and raises the chassis from the axle.

Non-electronically controlled air suspension systems dominate the global market, in terms of both value and volume however, the electronically controlled air suspension systems segment is the fastest growing globally, in terms of both value and volume. This is owing to the electronically controlled air suspension systems are more advanced and comfort with less maintenance as compared with non-electronically controlled air suspension systems. Still, considering the complexity and the cost of these electronically controlled air suspension systems, their existing demand is limited to premium vehicles only.

The Global Info Research report includes an overview of the development of the Air Suspension industry chain, the market status of Passenger Cars (Electronically Controlled Air Suspension System, Non-Electronically Controlled Air Suspension System), LCVs (Electronically Controlled Air Suspension System, Non-Electronically Controlled Air Suspension System), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Air Suspension.

Regionally, the report analyzes the Air Suspension markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Air Suspension market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Air Suspension market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Air Suspension industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Electronically Controlled Air Suspension System, Non-Electronically Controlled Air Suspension System).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Air Suspension market.

Regional Analysis: The report involves examining the Air Suspension market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Air Suspension market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Air Suspension:

Company Analysis: Report covers individual Air Suspension manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Air Suspension This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Cars, LCVs).

Technology Analysis: Report covers specific technologies relevant to Air Suspension. It assesses the current state, advancements, and potential future developments in Air Suspension areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Air Suspension market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Air Suspension market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Electronically Controlled Air Suspension System
Non-Electronically Controlled Air Suspension System

Market segment by Application
Passenger Cars
LCVs
Trucks
Buses

Major players covered
Continental
Wabco
Firestone
ThyssenKrupp Bilstein
Hitachi
Dunlop
BWI Group
Accuair Suspension
Hendrickson
Mando

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Air Suspension product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Air Suspension, with price, sales, revenue and global market share of Air Suspension from 2019 to 2024.

Chapter 3, the Air Suspension competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Air Suspension breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Air Suspension market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Air Suspension.

Chapter 14 and 15, to describe Air Suspension sales channel, distributors, customers, research findings and conclusion.