Global Air Suspension Solenoid Valve Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Air Suspension Solenoid Valve market size was valued at USD 630.7 million in 2023 and is forecast to a readjusted size of USD 1317.9 million by 2030 with a CAGR of 11.1% during review period.
Air Suspension Solenoid Valve is a term in the automotive field. Its definition usually refers to a solenoid valve that controls the air suspension system (Air Suspension System). It is used to adjust the air pressure of the air suspension, thereby changing the height of the vehicle and the suspension system. Stiffness.
This solenoid valve usually consists of a coil and a valve. When the coil is energized, it creates a magnetic field that attracts the valve to move, opening or closing the air passage. In this way, the air pressure in the air suspension system can be controlled to adjust the height of the vehicle and the stiffness of the suspension system.
Over the past few years, the range of applications for air suspension systems has expanded from high-end passenger cars and vans to mid-range vehicles, and is even widely used on many low-end vehicles. This development trend provides a broad space for the air suspension solenoid valve market. However, compared with the traditional coil spring suspension, the structure of the air suspension is more complicated, which makes the probability and frequency of failures higher. At the same time, if the height of the chassis is adjusted frequently, it may cause overheating of the air pump system, thereby shortening the service life of the air pump. These issues are likely to have an impact on the Air Suspension Solenoid Valve market.
The Global Info Research report includes an overview of the development of the Air Suspension Solenoid Valve industry chain, the market status of Passenger Vehicles (Three Ports, Six Ports), Commercial Vehicles (Three Ports, Six Ports), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Air Suspension Solenoid Valve.
Regionally, the report analyzes the Air Suspension Solenoid Valve 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 Solenoid Valve market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Air Suspension Solenoid Valve 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 Solenoid Valve 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., Three Ports, Six Ports).
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 Solenoid Valve market.
Regional Analysis: The report involves examining the Air Suspension Solenoid Valve 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 Solenoid Valve 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 Solenoid Valve:
Company Analysis: Report covers individual Air Suspension Solenoid Valve 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 Solenoid Valve This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Vehicles, Commercial Vehicles).
Technology Analysis: Report covers specific technologies relevant to Air Suspension Solenoid Valve. It assesses the current state, advancements, and potential future developments in Air Suspension Solenoid Valve areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Air Suspension Solenoid Valve 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 Solenoid Valve 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
Three Ports
Six Ports
Market segment by Application
Passenger Vehicles
Commercial Vehicles
Major players covered
Arnott
DRiV Inc
Dorman Products
Mopar (Stellantis)
Genuine Parts Company
RMT Parts
VIEROL AG
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 Solenoid Valve product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Air Suspension Solenoid Valve, with price, sales, revenue and global market share of Air Suspension Solenoid Valve from 2019 to 2024.
Chapter 3, the Air Suspension Solenoid Valve competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Air Suspension Solenoid Valve 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 Solenoid Valve 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 Solenoid Valve.
Chapter 14 and 15, to describe Air Suspension Solenoid Valve sales channel, distributors, customers, research findings and conclusion.