Global Electronic Air Suspension System (EAS) Market Growth 2023-2029

Global Electronic Air Suspension System (EAS) Market Growth 2023-2029

Electronic air suspension system (EAS) is a kind of air suspension system which is controlled by an electrical system. Electronic air suspension system uses suspension dampers equipped with external inflatable air bags to control the height of the corners of the vehicle. The dampers may be either passive or controlled, and may be either struts or shock absorbers. A motor-driven air compressor provides high-pressure air to inflate the air bags, which act to elevate the height of that particular corner. When the air is let out in a controlled deflation, the vehicle returns to the desired trim height. Sensors are used to measure and compare the actual height of the vehicle to the desired height. The sensors send signals to an Electronic Control Unit (ECU), which automatically controls the activity of the air compressor and the inflation/deflation of the air bags.

The products in this report mainly cover electronic air suspension system in OE market and aftermarket.

LPI (LP Information)' newest research report, the “Electronic Air Suspension System (EAS) Industry Forecast” looks at past sales and reviews total world Electronic Air Suspension System (EAS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Air Suspension System (EAS) sales for 2023 through 2029. With Electronic Air Suspension System (EAS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Air Suspension System (EAS) industry.

This Insight Report provides a comprehensive analysis of the global Electronic Air Suspension System (EAS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Air Suspension System (EAS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electronic Air Suspension System (EAS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Air Suspension System (EAS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Air Suspension System (EAS).

The global Electronic Air Suspension System (EAS) market size is projected to grow from US$ 13870 million in 2022 to US$ 22200 million in 2029; it is expected to grow at a CAGR of 22200 from 2023 to 2029.

Asia is the largest Electronic Air Suspension System (EAS) market with about 44% market share. Europe is follower, accounting for about 24% market share.

The key players are Continental, Hitachi, Dunlop, ThyssenKrupp, Wabco, ACCUAIR, Air Lift, Continental(China), Hitachi(China), Wabco(China), BWI Group, Komman etc. Top 3 companies occupied about 53% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Air Suspension System (EAS) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

OEM

Aftermarket

Segmentation by application

Passenger Car

Commercial Vehicle

Motorcycle

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Continental

Hitachi

Dunlop

ThyssenKrupp

Wabco

ACCUAIR

Air Lift

Continental (China)

Hitachi (China)

Wabco (China)

BWI Group

Komman

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electronic Air Suspension System (EAS) market?

What factors are driving Electronic Air Suspension System (EAS) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electronic Air Suspension System (EAS) market opportunities vary by end market size?

How does Electronic Air Suspension System (EAS) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.