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Automotive

Air Suspension Market Size, Growth & Outlook

Air Suspension Market Size, Growth & Outlook
REPORT ID: FMI-0740 || VIEW: 5

Air Suspension Market by Vehicle Type (Light Duty Vehicle, Trucks, and Bus), Component (Air Spring, Tank, Solenoid Valve, Shock Absorber, Air Compressor, Electronic Control Unit (ECU), Height & Pressure Sensor, and Others), Technology Type (Electronic Controlled and Non-Electronic Controlled), and Sales Channel (Original Equipment Manufacturers (OEMs) and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021-2029
 

  • Report description
  • Table of Content

Air suspension is a type of suspension system used in vehicles to provide comfort to drivers while driving. The air suspension system present in vehicle is powered by an electric or engine-driven air pump or compressor. These pumps or compressors attached to the suspension system allows air to flow into the suspension system, which is usually made from textile-reinforced rubber. Air suspension system is used in a vehicle as a replacement for conventional steel springs and have a wider application in heavy vehicles such as buses, trucks, rolling stock, and various heavy vehicles. The main purpose of air suspension is to provide a smooth and constant ride quality to drivers and passengers. These factors have positively impacted the air suspension market growth.

 

A good quality ride provides comfort to passengers, minimizes damage to cargo, and reduces driver fatigue on long journeys. Suspension is responsible for quality of rides and control on car handling, as cars with firm suspension could result in greater control of body movements and quicker reactions. Ambulances have a special need for a high level of ride quality, to avoid further injury to the already ill passengers. Such factors have boosted the demand for higher driving comfort, which eventually influences the air suspension market.
Air suspensions are anticipated to witness significant growth over the years, owing to rise in awareness among consumers about vehicle safety and comfort while driving.

 

The air suspension market is segmented on the basis of vehicle type, component, technology, sales channel, and region. By vehicle type, it is categorized into light duty vehicles, trucks, and buses. By components, it is categorized into air spring, tank, solenoid valve, shock absorber, air compressor, Electronic Control Unit (ECU) and height & pressure sensor. By technology, it is categorized into electronically controlled and non-electronically controlled technologies. By sales channel, it is categorized into original equipment manufacturers (OEMs) and aftermarket channels. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the air suspension market include Continental, ThyssenKrupp AG, Hitachi, Wabco, Firestone Industrial Products, Hendrickson, Mando Corporation, BWI Group, SAF-Holland and Accuair Suspension.

 

KEY BENEFITS FOR STAKEHOLDERS
• This study presents analytical depiction of the global air suspension market along with the current trends and future estimations to depict the imminent investment pockets.
• The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The current market is quantitatively analyzed from 2021 to 2029 to highlight the financial competency of the market.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers.

 

KEY MARKET SEGMENTS

By Vehicle Type

Light Commercial Vehicles
Trucks
Bus

 

By Component

Air Spring
Tank
 Solenoid Valve
 Shock Absorber
Air Compressor
 Electronic Control Unit (ECU)
Height & Pressure Sensor
Others

 

By Technology Type

Electric Controlled
Non-Electric Controlled

 

By Sales Channel Type

Original Equipment Manufacturers (OEMs)
Aftermarket

 

By Region
o North America
 U.S.
 Canada
 Mexico
o Europe
 Germany
 France
 Italy
 UK
 Rest of Europe
o Asia-Pacific
 China
 Japan
 India
 South Korea
 Rest of Asia-Pacific
o LAMEA
 Brazil
 Turkey
 Saudi Arabia
 South Africa
 Rest of LAMEA

 

KEY PLAYERS

Continental
 ThyssenKrupp AG
Hitachi
 Wabco
 Firestone Industrial Products
Hendrickson
Mando Corporation
 BWI Group
SAF-Holland
Accuair Suspension
 

Chapter 1: Introduction

1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology

1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models

Chapter 2: Executive Summary

2.1. Cxo Perspective

Chapter 3: Market Overview

3.1. Market Definition And Scope
3.2. Key Findings

3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies

3.3. Porter’S Five Forces Analysis
3.4. Market Share Analysis (2020)
3.5. Market Dynamics

3.5.1. Drivers

3.5.1.1. Rising Global Commercial Vehicle Sales
3.5.1.2. Increasing Demand For Premium And Luxury Vehicles

3.5.2. Restraint

3.5.2.1. High Development And Adoption Cost of Air Suspension

3.5.3. Opportunities

3.5.3.1. Increasing Demand For Lightweight Air Suspension System
3.5.3.2. Rising Aftermarket Demand For Air Suspension & Related Components

Chapter 4: Air Suspension Market, By Vehicle Type

4.1. Overview
4.2. Light Commercial Vehicle (Lcv)

4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis By Country

4.3. Trucks

4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country

4.4. Bus

4.4.1. Key Market Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast, By Region
4.4.3. Market Analysis By Country

Chapter 5: Air Suspension Market, By Component

5.1. Overview
5.2. Air Spring

5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country

5.3. Tank

5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis By Country

5.4. Solenoid Valve

5.4.1. Key Market Trends, Growth Factors, And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis By Country

5.5. Shock Absorber

5.5.1. Key Market Trends, Growth Factors, And Opportunities
5.5.2. Market Size And Forecast, By Region
5.5.3. Market Analysis By Country

5.6. Air Compressor

5.6.1. Key Market Trends, Growth Factors, And Opportunities
5.6.2. Market Size And Forecast, By Region
5.6.3. Market Analysis By Country

5.7. Electronic Control Unit (Ecu)

5.7.1. Key Market Trends, Growth Factors, And Opportunities
5.7.2. Market Size And Forecast, By Region
5.7.3. Market Analysis By Country

5.8. Height & Pressure Sensor

5.8.1. Key Market Trends, Growth Factors, And Opportunities
5.8.2. Market Size And Forecast, By Region
5.8.3. Market Analysis By Country

5.9. Others

5.9.1. Key Market Trends, Growth Factors, And Opportunities
5.9.2. Market Size And Forecast, By Region
5.9.3. Market Analysis By Country

Chapter 6: Air Suspension Market, By Technology

6.1. Overview
6.2. Electronic Controlled

6.2.1. Key Market Trends, Growth Factors And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Analysis By Country

6.3. Non-Electronic Controlled

6.3.1. Key Market Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast, By Region
6.3.3. Market Analysis By Country

Chapter 7: Air Suspension Market, By Sales Channel

7.1. Overview
7.2. Original Equipment Manufacturers (Oems)

7.2.1. Key Market Trends, Growth Factors And Opportunities
7.2.2. Market Size And Forecast, By Region
7.2.3. Market Analysis By Country

7.3. Aftermarket

7.3.1. Key Market Trends, Growth Factors, And Opportunities
7.3.2. Market Size And Forecast, By Region
7.3.3. Market Analysis By Country

Chapter 8: Air Suspension Market, By Region

8.1. Overview
8.2. North America

8.2.1. Key Market Trends, Growth Factors, And Opportunities
8.2.2. Market Size And Forecast, By Vehicle Type
8.2.3. Market Size And Forecast, By Component
8.2.4. Market Size And Forecast, By Technology
8.2.5. Market Size And Forecast, By Sales Channel
8.2.6. Market Analysis By Country

8.2.6.1. U.S.

8.2.6.1.1. Market Size And Forecast, By Vehicle Type
8.2.6.1.2. Market Size And Forecast, By Component
8.2.6.1.3. Market Size And Forecast, By Technology
8.2.6.1.4. Market Size And Forecast, By Sales Channel

8.2.6.2. Canada

8.2.6.2.1. Market Size And Forecast, By Vehicle Type
8.2.6.2.2. Market Size And Forecast, By Component
8.2.6.2.3. Market Size And Forecast, By Technology
8.2.6.2.4. Market Size And Forecast, By Sales Channel

8.2.6.3. Mexico

8.2.6.3.1. Market Size And Forecast, By Vehicle Type
8.2.6.3.2. Market Size And Forecast, By Component
8.2.6.3.3. Market Size And Forecast, By Technology
8.2.6.3.4. Market Size And Forecast, By Sales Channel

8.3. Europe

8.3.1. Key Market Trends, Growth Factors, And Opportunities
8.3.2. Market Size And Forecast, By Vehicle Type
8.3.3. Market Size And Forecast, By Component
8.3.4. Market Size And Forecast, By Technology
8.3.5. Market Size And Forecast, By Sales Channel
8.3.6. Market Analysis By Country

8.3.6.1. Germany

8.3.6.1.1. Market Size And Forecast, By Vehicle Type
8.3.6.1.2. Market Size And Forecast, By Component
8.3.6.1.3. Market Size And Forecast, By Technology
8.3.6.1.4. Market Size And Forecast, By Sales Channel

8.3.6.2. France

8.3.6.2.1. Market Size And Forecast, By Vehicle Type
8.3.6.2.2. Market Size And Forecast, By Component
8.3.6.2.3. Market Size And Forecast, By Technology
8.3.6.2.4. Market Size And Forecast, By Sales Channel

8.3.6.3. Italy

8.3.6.3.1. Market Size And Forecast, By Vehicle Type
8.3.6.3.2. Market Size And Forecast, By Component
8.3.6.3.3. Market Size And Forecast, By Technology
8.3.6.3.4. Market Size And Forecast, By Sales Channel

8.3.6.4. Uk

8.3.6.4.1. Market Size And Forecast, By Vehicle Type
8.3.6.4.2. Market Size And Forecast, By Component
8.3.6.4.3. Market Size And Forecast, By Technology
8.3.6.4.4. Market Size And Forecast, By Sales Channel

8.3.6.5. Rest of Europe

8.3.6.5.1. Market Size And Forecast, By Vehicle Type
8.3.6.5.2. Market Size And Forecast, By Component
8.3.6.5.3. Market Size And Forecast, By Technology
8.3.6.5.4. Market Size And Forecast, By Sales Channel

8.4. Asia-Pacific

8.4.1. Key Market Trends, Growth Factors, And Opportunities
8.4.2. Market Size And Forecast, By Vehicle Type
8.4.3. Market Size And Forecast, By Component
8.4.4. Market Size And Forecast, By Technology
8.4.5. Market Size And Forecast, By Sales Channel
8.4.6. Market Analysis By Country

8.4.6.1. China

8.4.6.1.1. Market Size And Forecast, By Vehicle Type
8.4.6.1.2. Market Size And Forecast, By Component
8.4.6.1.3. Market Size And Forecast, By Technology
8.4.6.1.4. Market Size And Forecast, By Sales Channel

8.4.6.2. Japan

8.4.6.2.1. Market Size And Forecast, By Vehicle Type
8.4.6.2.2. Market Size And Forecast, By Component
8.4.6.2.3. Market Size And Forecast, By Technology
8.4.6.2.4. Market Size And Forecast, By Sales Channel

8.4.6.3. India

8.4.6.3.1. Market Size And Forecast, By Vehicle Type
8.4.6.3.2. Market Size And Forecast, By Component
8.4.6.3.3. Market Size And Forecast, By Technology
8.4.6.3.4. Market Size And Forecast, By Sales Channel

8.4.6.4. South Korea

8.4.6.4.1. Market Size And Forecast, By Vehicle Type
8.4.6.4.2. Market Size And Forecast, By Component
8.4.6.4.3. Market Size And Forecast, By Technology
8.4.6.4.4. Market Size And Forecast, By Sales Channel

8.4.6.5. Rest of Asia-Pacific

8.4.6.5.1. Market Size And Forecast, By Vehicle Type
8.4.6.5.2. Market Size And Forecast, By Component
8.4.6.5.3. Market Size And Forecast, By Technology
8.4.6.5.4. Market Size And Forecast, By Sales Channel

8.5. Lamea

8.5.1. Key Market Trends, Growth Factors, And Opportunities
8.5.2. Market Size And Forecast, By Vehicle Type
8.5.3. Market Size And Forecast, By Component
8.5.4. Market Size And Forecast, By Technology
8.5.5. Market Size And Forecast, By Sales Channel
8.5.6. Market Analysis By Country

8.5.6.1. Latin America

8.5.6.1.1. Market Size And Forecast, By Vehicle Type
8.5.6.1.2. Market Size And Forecast, By Component
8.5.6.1.3. Market Size And Forecast, By Technology
8.5.6.1.4. Market Size And Forecast, By Sales Channel

8.5.6.2. Middle East

8.5.6.2.1. Market Size And Forecast, By Vehicle Type
8.5.6.2.2. Market Size And Forecast, By Component
8.5.6.2.3. Market Size And Forecast, By Technology
8.5.6.2.4. Market Size And Forecast, By Sales Channel

8.5.6.3. Africa

8.5.6.3.1. Market Size And Forecast, By Vehicle Type
8.5.6.3.2. Market Size And Forecast, By Component
8.5.6.3.3. Market Size And Forecast, By Technology
8.5.6.3.4. Market Size And Forecast, By Sales Channel

Chapter 9: Company Profiles

9.1. Continental Ag.

9.1.1. Company Overview
9.1.2. Company Snapshot
9.1.3. Operating Business Segments
9.1.4. Product Portfolio
9.1.5. Business Performance
9.1.6. Key Strategic Moves And Developments

9.2. Thyssenkrupp Ag

9.2.1. Company Overview
9.2.2. Company Snapshot
9.2.3. Operating Business Segments
9.2.4. Business Performance

9.3. Hitachi Ltd.

9.3.1. Company Overview
9.3.2. Operating Business Segments
9.3.3. Business Performance

9.4. Wabco

9.4.1. Company Overview
9.4.2. Company Snapshot
9.4.3. Operating Business Segments
9.4.4. Product Portfolio
9.4.5. Business Performance
9.4.6. Key Strategic Moves And Developments

9.5. Firestone Industrial Products (Subsidairy of Bridgestone)

9.5.1. Company Overview
9.5.2. Company Snapshot
9.5.3. Operating Business Segments
9.5.4. Product Portfolio
9.5.5. Business Performance
9.5.6. Key Strategic Moves And Developments

9.6. Hendrickson Usa, L.L.C.

9.6.1. Company Overview
9.6.2. Company Snapshot
9.6.3. Product Portfolio
9.6.4. Key Strategic Moves And Developments

9.7. Mando Corporation

9.7.1. Company Overview
9.7.2. Company Snapshot
9.7.3. Product Portfolio
9.7.4. Business Performance

9.8. Bwi Group

9.8.1. Company Overview
9.8.2. Company Snapshot
9.8.3. Product Portfolio

9.9. Saf-Holland S.A.

9.9.1. Company Overview
9.9.2. Company Snapshot
9.9.3. Operating Business Segments
9.9.4. Product Portfolio
9.9.5. Business Performance
9.9.6. Key Strategic Moves And Developments

9.10. Accuair Suspension

9.10.1. Company Overview
9.10.2. Company Snapshot
9.10.3. Operating Business Segments"
 

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