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Automotive Air Suspension System Market Research Report |COVID-19 Impact, Outlook and Future Scope Analysis Forecast till 2023

07.29.2020 · Posted in Writing and Speaking

Air suspension is powered by electric-driven air pump or through compressor. The compressor pumps the air in the air bag system, also called bellows that is usually made of textile-reinforced rubber. The pressure created by the air, raises the chassis from the vehicle axle to provide comfort ride. The automotive air suspension system market is expected to grow at the CAGR of around 7.56% during the period 2017 to 2023.

Market Highlights

The automotive air suspension system is used for an aerodynamic property and reduces the imbalance of the vehicle, while travelling on rough terrain roads. The air suspension system is driven by electric air pumps or by compressors. The compressor pumps the air in the bellows, which is usually textile-reinforced rubber. When the air is pumped, the pressure created will raise the chassis from the vehicle axle. This phenomenon will provide a comfort and quality ride to the passenger. Unlike traditional suspension, which is made up of steel springs, air suspension provides better ride and safety. Air suspension system is generally installed in the heavy duty vehicles for providing better control to the vehicle. In the technology driven automotive industry, the air suspension can easily be installed in the vehicle as compared to conventional suspension system. 

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Scope of the Report

This study provides an overview of the global automotive air suspension system market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automotive Air Suspension Systems market by its technology, components, and vehicle type, and region

By Technology

  • Manual Air Suspension
  • Electronic Air Suspension

By Component

  • Shock Absorber
  • Air Spring
  • Air Compressor
  • Air Reservoir
  • Height Sensor
  • Electric Control Unit
  • Others

By Vehicle Type

  • Passenger Car
  • Commercial Vehicle

By Region

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

Key Players

The key players in automotive air suspension system market are Continental Ag (Germany), Hitachi, Ltd. (Japan), ThyssenKrupp Ag (Germany), Wabco Holdings Inc. (Belgium), Dunlop Systems And Components Ltd. (U.K.), Accuair Suspension (California), Firestone Industrial Products (U.S.), Hendrickson International Corporation (U.S.), Beijing West Industries Co., Ltd. (China), Mando Corporation (South Korea), ZF Friedrichshafen (Germany), LORD Corporation (U.S.), Volvo (Sweden), Air Lift Company (Michigan), and VB-Airsuspension (Netherlands).

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