Global Automotive Air Suspension
Market Report
2025
The automotive air suspension market was valued at USD 10.34 billion in 2022, and it will register a CAGR of 5.7% during the forecast period of 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The automotive air suspension market was valued at USD 10.34 billion in 2022, and it will register a CAGR of 5.7% during the forecast period of 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Automotive Air Suspension Market Sales Revenue 2022 | $ 10.34 Billion |
Global Automotive Air Suspension Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.7% |
Market Split by Component Type |
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Market Split by Application |
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Market Split by Control Type |
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Market Split by Sales Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Automotive Air Suspension Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Automotive air suspension is a sort of suspension system that supports a vehicle's weight and offers a comfortable ride by using air springs rather than conventional coil springs. Luxury automobiles, SUVs, and trucks are frequently equipped with air suspension systems. Compressed air is used in air suspension systems to inflate rubber bellows or airbags, which take the place of the conventional steel springs. Between the car's frame and the axle or suspension parts are where the airbags are situated. The system can change the ride height, stiffness, and damping of the suspension by regulating the air pressure in the airbags.
The market is expanding as a result of factors, such as the growing automotive industry, an increase in commercial vehicle sales worldwide, and a rise in demand for high-end and luxury vehicles due to increasing spending capacity & changing lifestyles. A growing aftermarket demand for lightweight air suspension systems and associated components will also likely create numerous opportunities for the growth and expansion of the air suspension market.
Increasing investment in developing the advanced car infrastructure by the automotive manufacturers can create lucrative opportunities for the market during the forecast period. Compared to conventional suspension systems, air suspension systems require greater upkeep as well as repairs. Some buyers who are searching for a low-maintenance vehicle may be put off by this.
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Competitive Landscape includes company profiling of the key manufacturers listed below. It also provides the key developments such as new product launches, expansion, mergers & acquisitions, partnerships, agreements, joint ventures, business overview, key strategies and financial analysis associated with the key players. Strategy implemented to overcome the COVID-19 Impact will be discussed in the report scope. Key players Financials includes Revenue (USD Million), Gross Margin (%) and Market Share (%) (2019- 2023), S.W.O.T Analysis, (To read more request the sample pages Or speak to analyst/author directly).
Top Companies Market Share in Automotive Air Suspension Industry: (In no particular order of Rank)
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Due to the presence of fast-rising economies like China, Japan, and India, increasing per capita income, and rising spending capacity, the Asia-Pacific area is anticipated to grow at a large rate. China is the main market driver in Asia-Pacific, where the rate of vehicle adoption of air suspension systems is rising. In addition, the strong presence of major automotive manufacturers in this region is also propelling the growth of the market. In turn, this is fuelling the nation's market for vehicle air suspension systems. North America and Europe are expected to experience significant growth during the projection period.
The current report Scope analyzes Automotive Air Suspension Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Automotive Air Suspension Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Air Suspension Industry growth. Automotive Air Suspension market has been segmented with the help of its Component Type, Application Control Type, and others. Automotive Air Suspension market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Automotive Air Suspension Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Automotive Air Suspension from 2019 to 2031. This will also help to analyze the demand for Automotive Air Suspension across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Automotive Air Suspension are:
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Electronically Controlled Air Suspension and Non-Electronically Controlled Air Suspension are two market segments based on the type of control used. A computer-controlled system that may change a vehicle's performance and ride quality is what the electronically controlled air suspension system is all about. Audi A8, Mercedes S-Class, Porsche Cayenne, Land Rover Discovery, and VW Touareg are just a few of the models that are being produced with electronically controlled air suspension, and they are some of the many models that are promoting the expansion of the segment.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Air Suspension Market is witnessing significant growth in the near future.
In 2023, the Hight Sensor segment accounted for noticeable share of global Automotive Air Suspension Market and is projected to experience significant growth in the near future.
The Light Commercial Vehicle segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Continental, Wabco Holdings and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Component Type | Hight Sensor, Air Spring |
Application | Light Commercial Vehicle, Passenger Vehicle, Bus & Coach, Heavy Commercial Vehicle |
Control Type | Non-electronically Controlled Air Suspension, Electronically Controlled Air Suspension |
Sales Channel | Aftermarket, OEM |
List of Competitors | Continental, Thyssenkrupp, Wabco Holdings, Hendrickson International, Dunlop Systems and Components, Hitachi, Mando Corporation, BWI Group, Accuair Suspension, Firestone Industrial Products |
This chapter will help you gain GLOBAL Market Analysis of Automotive Air Suspension. Further deep in this chapter, you will be able to review Global Automotive Air Suspension Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Air Suspension. Further deep in this chapter, you will be able to review North America Automotive Air Suspension Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Air Suspension. Further deep in this chapter, you will be able to review Europe Automotive Air Suspension Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Air Suspension. Further deep in this chapter, you will be able to review Asia Pacific Automotive Air Suspension Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Air Suspension. Further deep in this chapter, you will be able to review South America Automotive Air Suspension Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Automotive Air Suspension. Further deep in this chapter, you will be able to review Middle East and Africa Automotive Air Suspension Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Air Suspension. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Component Type Analysis 2019 -2031, will provide market size split by Component Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Component Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Control Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Sales Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Air Suspension market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Hight Sensor have a significant impact on Automotive Air Suspension market? |
What are the key factors affecting the Hight Sensor and Air Spring of Automotive Air Suspension Market? |
What is the CAGR/Growth Rate of Light Commercial Vehicle during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Air Suspension Market? |
Which region is expected to dominate the global Automotive Air Suspension Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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