Automotive Air Suspension Market Size, Share, Analysis Report

Automotive Air Suspension Market By Product Analysis (Passenger cars, M&HCV trucks, M&HCV buses) and by Regional Analysis - Global Forecast by

The analysts forecast global automotive air suspension market for the mining sector to grow at a CAGR of 5% during the period 2022-2027.

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MARKET SNAPSHOT

Major Players

  • Continental
  • Magneti Marelli
  • Schaeffler
  • thyssenkrupp and ZF
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    5

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The suspension system in a vehicle makes a vehicle ride comfortable and helps keep the vehicle in control. The suspension system essentially maximizes the friction between the tires and the road to provide steering stability and the required road grip. The main functionality of a suspension system is to offer driving comfort for passengers by absorbing vibrations and protection of the chassis components and body of the vehicle. The conventional suspension system is made up of several components like the chassis, which holds the body of the vehicle. The coil springs provide support to the vehicle weight and tend to absorb vibrations and noise when the vehicle is in contact with the road, thus reducing the shocks from affecting the passengers. The coil springs, struts, leaf springs and dampers are some of the suspension components which are predominantly used in all vehicles.

    How Big is The Global Automotive Air Suspension Market?

    The analysts forecast global automotive air suspension market for the mining sector to grow at a CAGR of 5% during the period 2022-2027.  

    The major driving factors of Automotive air suspension marketare as follows:

    •     Growing demand for ultra-luxury vehicles
    •     Rising demand for luxury buses and coaches
    •     Growing preference for air suspension in emerging economies.

    The challenges factors of Automotive air suspension marketare as follows:

    •     Stiff competition from low-cost leaf-spring suspension
    •     Stringent laws for the use of air suspension
    •     High cost of air suspension prohibiting mass penetration

    The Automotive air suspension marketis segmented on the lines of its product type and regional. Based on productsegmentation it covers passenger cars, M&HCV trucks and M&HCV buses. The Automotive air suspension marketon geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, and GCC countries.

    This report provides:

    This report covers the present scenario and the growth prospects of the global automotive air suspension marketfor 2019-2025. To calculate the market size, the report considers the revenue generated from the sales of robotic pharmacy prescription systems.

    REPORT SCOPE:

    The scope of the report includes a detailed study of global and regional markets onAutomotive air suspension marketwith the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report includeContinental, Magneti Marelli, Schaeffler, thyssenkrupp and ZF.Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Automotive air suspension markethas been segmented as below:

    By Product Analysis:

    • Passenger cars
    • M&HCV trucks
    • M&HCV buses

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of World

    Reasons to Buy this Report:
     
    1) Obtain the most up to date information available on all Automotive air suspension market.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of automotive air suspension marketdata.
    4) Assess your competitor’s refining portfolio and its evolution.

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    1 INTRODUCTION    
        1.1    KEY TAKE AWAYS    
        1.2    REPORT DESCRIPTION    
        1.3    MARKETS COVERED    
        1.4    STAKEHOLDERS    
        1.5    RESEARCH METHODOLOGY    
        1.5.1    MARKET SIZE    
        1.5.2    MARKET SHARE    
        1.5.3    KEY DATA POINTS FROM SECONDARY SOURCES    
        1.5.4    KEY DATA POINTS FROM PRIMARY SOURCES 

    2 Research Methodology
        2.1 Research Data 
        2.2 Secondary Data 
               2.2.1 Key Secondary Sources
               2.2.2 Key Data From Secondary Sources
        2.3 Primary Data 
               2.3.1 Sampling Techniques & Data Collection Methods
               2.3.2 Primary Participants
        2.4 Factor Analysis 
               2.4.1 Introduction
               2.4.2 Demand-Side Analysis
                        2.4.2.1 Impact of Disposable Income on Total Vehicle Sales
                        2.4.2.2 Infrastructure: Roadways
                        2.4.2.3 Increasing Vehicle Production in Developing Countries
               2.4.3 Supply-Side Analysis
               2.4.4 Technological Advancements
        2.5 Market Estimation 
               2.5.1 Bottom-Up Approach
               2.5.2 Top-Down Approach
               2.5.3 Market Breakdown & Data Triangulation
               2.5.4 Assumptions
                        2.5.4.1 Average Number of Components Employed in A Motor Vehicle

    3 Executive Summary
        3.1 Air Suspension Market, By Region
        3.2 Market, By Technology
        3.3 Market, By Component
        3.4 Market -Growth Trends
        3.5 Market, By Vehicle Type

    4 Premium Insights
        4.1 Introduction 
        4.2 Emerging Opportunities in the Air Suspension Market 
        4.3 Air Suspension Market Growth (Value), By Country 
        4.4 Air Suspension Marketsize, By Technology (USD Million) 
        4.5 Market Size, By Component (Million) 
        4.6 Market Growth, By Region (USD Million) 
        4.7 Life Cycle Analysis

    5 Market Overview
        5.1 Introduction 
        5.2 Market Segmentation 
               5.2.1 By Region
               5.2.2 By Vehicle Type
               5.2.3 By Technology
               5.2.4 By Component
        5.3 Market Dynamics 
               5.3.1 Drivers
                        5.3.1.1 Increasing Demand for Luxury Buses
                        5.3.1.2 Increasing Demand for Luxury & Comfort
               5.3.2 Restraints
                        5.3.2.1 High Development & Adoption Cost of Advanced Suspension Systems
                        5.3.2.2 Component Failure
               5.3.3 Opportunities
                        5.3.3.1 Increasing Demand for Lightweight Air Suspension Systems
                        5.3.3.2 Regenerative Air Dryer in Electronically Controlled Air Suspension System
                        5.3.3.3 Advance Electronically Controlled Air Suspension
               5.3.4 Challenges
                        5.3.4.1 Maintaining A Balance Between the Cost & Quality of Advanced Technology
        5.4 Porter’s Five Forces Analysis 
               5.4.1 Competitive Rivalry
               5.4.2 Threat of New Entrants
               5.4.3 Threat of Substitutes
               5.4.4 Bargaining Power of Suppliers
               5.4.5 Bargaining Power of Buyers
        5.5 Supply Chain

    6 Air Suspension Market, By Region
        6.1 Introduction 
               6.1.1 Asia-Oceania
                        6.1.1.1 China: Air Suspension Market Size, By Vehicle Type
                        6.1.1.2 India: Market Size, By Vehicle Type
                        6.1.1.3 Japan: Market Size, By Vehicle Type
                        6.1.1.4 South Korea: Market Size, By Vehicle Type
                        6.1.1.5 Rest of Asia-Oceania: Market Size, By Vehicle Type
               6.1.2 Europe
                        6.1.2.1 Germany: Air Suspension Market Size, By Vehicle Type
                        6.1.2.2 France: Market Size, By Vehicle Type
                        6.1.2.3 U.K.: Market Size, By Vehicle Type
                        6.1.2.4 Rest of Europe: Market Size, By Vehicle Type
               6.1.3 North America
                        6.1.3.1 U.S.: Air Suspension Market Size, By Vehicle Type
                        6.1.3.2 Mexico: Market Size, By Vehicle Type
                        6.1.3.3 Canada: Market Size, By Vehicle Type
               6.1.4 Rest of the World
                        6.1.4.1 Brazil: Air Suspension Market Size, By Vehicle Type
                        6.1.4.2 Russia: Market Size, By Vehicle Type
                        6.1.4.3 RoW Others Air Suspension Market Size, By Vehicle Type

    7 Air Suspension Market, By Component
        7.1 Introduction 
        7.2 Air Spring Market, By Region 
        7.3 Shock Absorber Market, By Region 
        7.4 Air Compressor Market, By Region 
        7.5 Electronic Control Module Market, By Region 
        7.6 Air Reservoir Market, By Region 
        7.7 Height Sensor Market, By Region

    8 Air Suspension Market, By Technology
        8.1 Introduction 
        8.2 Electronically Controlled Air Suspension Market, By Region 
        8.3 Non-Electronically Controlled Air Suspension Market, By Region

    9 Company Profiles
        9.1 Introduction 
        9.2 Continental AG 
               9.2.1 Business Overview
               9.2.2 Products Offered
               9.2.3 Recent Developments
               9.2.4 SWOT Analysis
        9.3 Thyssenkrupp AG 
               9.3.1 Business Overview
               9.3.2 Products Offered
               9.3.3 Recent Developments
               9.3.4 SWOT Analysis
        9.4 Wabco Holdings Inc. 
               9.4.1 Business Overview
               9.4.2 Products Offered
               9.4.3 Recent Developments
               9.4.4 SWOT Analysis
        9.5 Hendrickson International Corporation 
               9.5.1 Business Overview
               9.5.2 Products Offered
               9.5.3 Recent Developments
               9.5.4 SWOT Analysis
        9.6 Dunlop Systems and Components 
               9.6.1 Business Overview
               9.6.2 Products Offered
               9.6.3 Recent Developments
               9.6.4 SWOT Analysis
        9.7 Hitachi Ltd. 
               9.7.1 Business Overview
               9.7.2 Products Offered
               9.7.3 Recent Developments
               9.7.4 SWOT Analysis
        9.8 Mando Corporation 
               9.8.1 Business Overview
               9.8.2 Products Offered
               9.8.3 Recent Developments
        9.9 BWI Group 
               9.9.1 Business Overview
               9.9.2 Products Offered
               9.9.3 Recent Developments
        9.10 Accuair Suspension 
               9.10.1 Business Overview
               9.10.2 Products Offered
        9.11 Firestone Industrial Products 
               9.11.1 Business Overview
               9.11.2 Products Offered
               9.11.3 Recent Developments

    The Automotive air suspension markethas been segmented as below:

    By Product Analysis:

    • Passenger cars
    • M&HCV trucks
    • M&HCV buses

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of World

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    The market is expected to grow at a CAGR of 5% during the study period (2022-2027)
    The segment included in automotive air suspension market is Product Type, Application and region.
    Some key players operating in the automotive air suspension market include Continental, Magneti Marelli, Schaeffler, thyssenkrupp and ZF
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