Automotive Air Suspension Market Growth, Trends, Size, Share, Industry Demand, Global Analysis

Global Automotive Air Suspension Market is expected to grow at a CAGR of 3.4% throughout the forecast period, to reach US$ 56.04 Bn. by 2029.

Automotive Air Suspension Market Overview:

The purpose of this study is to provide a comprehensive Market segmentation by geographic areas and product kinds, as well as a summary of the Automotive Air Suspension industry. Significant Market position data for the top Automotive Air Suspension organisations is included in the report, along with important Market trends and business opportunities.

The study also provides details on the leading Market participants, including company biographies, product photos and specifications, manufacturing capacity, pricing, cost, and contact details. This report evaluates the entire Automotive Air Suspension Market Size from a worldwide standpoint and extrapolates trends for the future from historical data.

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COVID-19 Impact Analysis on Automotive Air Suspension Market:

Consumer behaviour has significantly changed as a result of the COVID-19 pandemic in many facets of society. On the other side, in order to account for shifting Market supply, enterprises will need to change their strategies. This research will assist you in developing your company in accordance with the new industry standards and provides an insight of how COVID-19 will affect the Automotive Air Suspension Market. Via evaluations and industry professionals, the outcomes are validated. Both commercial and free databases are used in the secondary research and analysis of the results. Each player’s supply and consumption data is derived from official government sources, third-party databases, and, in the case of listed companies, annual reports.

Market Scope:

In order to acquire data, validate key figures, and confirm the findings, afterMarket engineering carried out extensive primary research that included data triangulation, Market breakdown, estimations, computations of Market statistics, and calculations of Market size. Weights based on usage rate and average sale price are applied to each location in order to determine percentage splits, Market shares, and segment breakdowns. The worldwide Markets and their sub-segments are divided by country based on the stated Market size’s acceptance or usage in the relevant region. The research highlights numerous themes that are Market- and industry-related. A few examples of Marketing strategies include new product launches, company expansions, collaborations, joint ventures, and acquisitions.Also, this study’s structure has taken into account all of the essential elements of the Market research that specifically address the industry landscape.

Segmentation:

The automobile air suspension system market is anticipated to develop more quickly in the electronic air suspension system category throughout the course of the forecast period, according to the technology segment. This is mostly due to the advantages that these systems provide, such as their better weight carrying capacity, improved driving comfort, numerous adjustment choices, and increased degree of safety.

The electronic control unit (ECU) is anticipated to account for the biggest market share of the automotive air suspension system market in terms of components throughout the forecast period, with %. Due to the shifting trend towards using electronically controlled systems, which improve the vehicle’s performance.

In terms of market share, the European region dominated the global market in 2021 and is anticipated to maintain this dominance for the duration of the projected period. Because there are reputable OEMs like BMW AG, Daimler AG, Fiat, PSA/Peugeot-Citroen, and VW Group, and because more modern air suspension systems are being adopted in more vehicle categories on the European market.

Automotive Air Suspension Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Automotive Air Suspension Market Size, by Market Value (US$ Mn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies

Key Players:

• Continental AG
• ThyssenKrupp AG
• WABCO
• Hendrickson USA, L.L.C.
• Dunlop Systems and components
• Hitachi, Ltd.
• ZF Friedrichshafen AG
• Magneti Marelli S.p.A
• Accuair Suspension
• Firestone Industrial Products
• Beijing West Industries Co., Ltd.
• Mando Corporation
• LORD Corporation
• Volvo
• Air Lift Company
• VB-Airsuspension
• Vibrocoustics
• EnPro Industries Inc.
• Knorr Bremse AG

The industry placed a strong emphasis on alliances, purchases, and collaborations as inorganic growth tactics. The Automotive Air Suspension Market’s potential for future rapid growth means that industry participants should benefit from it. The businesses listed below make up the global Automotive Air Suspension Market.

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Regional Analysis:

After examining the political, economic, social, and technological aspects influencing the Automotive Air Suspension Market in each of these regions, the report also includes extensive PESTLE assessments for each of the five regions—North America, Europe, Asia Pacific, the Middle East, Africa, and South America.

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