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Global Air Suspension Market Insights and Forecast to 2026
SKU ID : QYR-15902899 | Publishing Date : 09-Jul-2020 | No. of pages : 110
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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.
Non-electronically controlled air suspension systems dominate the global market, in terms of both value and volume however, the electronically controlled air suspension systems segment is the fastest growing globally, in terms of both value and volume. This is owing to the electronically controlled air suspension systems are more advanced and comfort with less maintenance as compared with non-electronically controlled air suspension systems. Still, considering the complexity and the cost of these electronically controlled air suspension systems, their existing demand is limited to premium vehicles only.
Market Analysis and Insights: Global Air Suspension Market
The global Air Suspension market size is projected to reach US$ 6455.2 million by 2026, from US$ 6092.8 million in 2020, at a CAGR of 5.4%% during 2021-2026.
Global Air Suspension Scope and Segment
Air Suspension market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Air Suspension market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.
Segment by Type, the Air Suspension market is segmented into
Electronically Controlled Air Suspension System
Non-Electronically Controlled Air Suspension System
Segment by Application, the Air Suspension market is segmented into
Passenger Cars
LCVs
Trucks
Buses
Regional and Country-level Analysis
The Air Suspension market is analysed and market size information is provided by regions (countries).
The key regions covered in the Air Suspension market report are North America, Europe, China, Japan, South Korea and India. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.
Air Suspension market competitive landscape provides details and data information by manufacturers. The report offers comprehensive analysis and accurate statistics on production capacity, price, revenue of Air Suspension by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on production, revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue, and the production capacity, price, revenue generated in Air Suspension business, the date to enter into the Air Suspension market, Air Suspension product introduction, recent developments, etc.
The major vendors covered:
Continental
Wabco
Firestone
ThyssenKrupp Bilstein
Hitachi
Dunlop
BWI Group
Accuair Suspension
Hendrickson
Mando
Non-electronically controlled air suspension systems dominate the global market, in terms of both value and volume however, the electronically controlled air suspension systems segment is the fastest growing globally, in terms of both value and volume. This is owing to the electronically controlled air suspension systems are more advanced and comfort with less maintenance as compared with non-electronically controlled air suspension systems. Still, considering the complexity and the cost of these electronically controlled air suspension systems, their existing demand is limited to premium vehicles only.
Market Analysis and Insights: Global Air Suspension Market
The global Air Suspension market size is projected to reach US$ 6455.2 million by 2026, from US$ 6092.8 million in 2020, at a CAGR of 5.4%% during 2021-2026.
Global Air Suspension Scope and Segment
Air Suspension market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Air Suspension market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.
Segment by Type, the Air Suspension market is segmented into
Electronically Controlled Air Suspension System
Non-Electronically Controlled Air Suspension System
Segment by Application, the Air Suspension market is segmented into
Passenger Cars
LCVs
Trucks
Buses
Regional and Country-level Analysis
The Air Suspension market is analysed and market size information is provided by regions (countries).
The key regions covered in the Air Suspension market report are North America, Europe, China, Japan, South Korea and India. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.
Competitive Landscape
and Air Suspension Market Share AnalysisAir Suspension market competitive landscape provides details and data information by manufacturers. The report offers comprehensive analysis and accurate statistics on production capacity, price, revenue of Air Suspension by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on production, revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue, and the production capacity, price, revenue generated in Air Suspension business, the date to enter into the Air Suspension market, Air Suspension product introduction, recent developments, etc.
The major vendors covered:
Continental
Wabco
Firestone
ThyssenKrupp Bilstein
Hitachi
Dunlop
BWI Group
Accuair Suspension
Hendrickson
Mando
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
