Global Passenger Car Air Suspension Market Growth 2023-2029
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. Passenger car air suspension is that air suspension used in place of passenger car.
LPI (LP Information)' newest research report, the “Passenger Car Air Suspension Industry Forecast” looks at past sales and reviews total world Passenger Car Air Suspension sales in 2022, providing a comprehensive analysis by region and market sector of projected Passenger Car Air Suspension sales for 2023 through 2029. With Passenger Car Air Suspension sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Passenger Car Air Suspension industry.
This Insight Report provides a comprehensive analysis of the global Passenger Car Air Suspension 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 Passenger Car Air Suspension portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Passenger Car Air Suspension market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Passenger Car Air Suspension 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 Passenger Car Air Suspension.
The global Passenger Car Air Suspension market size is projected to grow from US$ 937.6 million in 2022 to US$ 1254.9 million in 2029; it is expected to grow at a CAGR of 1254.9 from 2023 to 2029.
The major players in global Passenger Car Air Suspension market include Continental, Wabco, Firestone, etc. The top 3 players occupy about 60% shares of the global market. Europe is the main market, and occupies about 70% of the global market. Electronically Controlled Air Suspension is the main type, with a share over 80%. Sedan is the main application, which holds a share about 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of Passenger Car Air Suspension market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Electronically Controlled Air Suspension
Non-Electronically Controlled Air Suspension
Segmentation by application
Sedan
SUV
Others
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
Wabco
Firestone
ThyssenKrupp Bilstein
Hitachi
Dunlop
BWI Group
Accuair Suspension
Key Questions Addressed in this Report
What is the 10-year outlook for the global Passenger Car Air Suspension market?
What factors are driving Passenger Car Air Suspension market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Passenger Car Air Suspension market opportunities vary by end market size?
How does Passenger Car Air Suspension 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.
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