Air Suspension Market by Vehicle Type, Component, Technology, & by Region - Global Forecast to 2021

  • ID: 3796082
  • Report
  • Region: Global
  • 145 Pages
  • Markets and Markets
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Increasing Demand for Luxury and Comfort in Passenger Cars and Growing Demand for Luxury Buses are the Major Drivers of The Air Suspension Market

FEATURED COMPANIES

  • Accuair Suspension
  • BWI Group
  • Continental AG
  • Hitachi Ltd.
  • Mando Corporation
  • Thyssen Krupp AG
  • MORE

The air suspension market is projected to grow at a CAGR of 7.54% from 2016 to 2021, to reach a market size of USD 4.69 billion by 2021. The major drivers for this market are rising demand for comfort and luxury, as a result of increased disposable income, increased preference towards luxury public transport for long distance travel among others are together driving the market for air suspension systems globally.

“Non-Electronically Controlled Air Suspension System: Largest Technology Market”
Owing to its low cost, less complex design and easy handling as compared with electronically controlled air suspension, the market for non-electronically controlled air suspension is largest. The system has a very simple electric connection where air flow inwards and outwards from the air springs through valves. All the wheels have a good grip to the road surface which leads to increased stability of the steering system and improved braking performance.

“Europe is projected to be the largest market segment while Asia-Oceania is the fastest growing market segment”
Europe accounts for the largest market share, both in terms of value and volume, as the region houses a number of premium car manufacturers as well as air suspension manufacturers like Continental AG (Germany), Dunlop Systems and Components (U.K.) and ThyssenKrupp AG (Germany) and hence is able to cater to a large variety of consumers. Asia-Oceania is the fastest growing market, both in terms of value and volume, for air suspension. This is because of the high demand for vehicles, especially in emerging economies such as China and India with several OEMs investing in these regions. Availability of cheap labor and favorable government policies are additional factors that spur this growth.

The study contains insights provided by various industry experts, ranging from material suppliers to Tier-1 companies and OEMs. The break-up of the primaries is as follows:

  •  By Company Type – Tier-1 -42%, Tier-2 - 26%, Tier-3 - 32%
  •  By Designation - C level - 40%, D level - 29%, and Others - 31%
  •  By Region - North America - 38%, Europe - 22%, Asia-Oceania - 30%, and RoW - 10

The air suspension market is dominated by a few globally established players, namely, Continental AG (Germany), Hendrickson International Corporation (U.S.), ThyssenKrupp AG (Germany), Dunlop Systems and Components (U.K.), Wabco Holdings Inc. (Belgium), Hitachi Ltd. (Japan), Accuair Suspension (U.S.) amongst others. Key growth strategies adopted by these players include new product development, partnerships, agreements, joint ventures, and supply contracts.

List of Companies

  • Continental AG
  • Hendrickson International Corporation
  • Thyssen Krupp AG
  • Dunlop Systems and Components
  • Wabco Holdings Inc.
  • Hitachi Ltd.
  • Accuair Suspension
  • Mando Corporation
  • BWI Group
  • Firestone Industrial Products

Reasons to Buy the Report:
This report contains various levels of analysis, including industry analysis, industry trends, and company profiles, which together comprise and discuss the basic views on the emerging and high-growth segments of the air suspension market, competitive landscape, high-growth regions and countries, government initiatives, and market dynamics such as drivers, restraints, opportunities, and challenges.

The report enables new entrants/smaller firms as well as established firms to understand the market better, and thereby helps them acquire a larger market share. Firms purchasing the report could use any one or a combination of the below-mentioned four strategies (market development, product development/innovation, market diversification, and competitive assessment) to strengthen their position in the market.

The report provides insights with reference to the following points:

 Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for air suspension across regions.
 Product Development/Innovation: Detailed insights into R&D activities, upcoming technologies, and new product launches in the automotive air suspension market.
 Market Diversification: Detailed information about untapped markets, investments, new products, and recent developments in the air suspension market.
 Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading players in the air suspension market.

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Accuair Suspension
  • BWI Group
  • Continental AG
  • Hitachi Ltd.
  • Mando Corporation
  • Thyssen Krupp AG
  • MORE
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered In The Report
1.4 Currency
1.5 Limitations
1.6 Stakeholders

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 And 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 Increasing Vehicle Production In Developing Countries
2.4.3 Supply-Side Analysis
2.4.3.1 Technological Advancements
2.5 Market Estimation
2.5.1 Bottom-Up Approach
2.5.2 Market Breakdown And Data Triangulation
2.5.3 Assumptions
2.5.3.1 Average Number Of Components Employed In A Motor Vehicle

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

4 Premium Insights
4.1 Introduction
4.2 Emerging Opportunities In The Global Automotive Air Suspension Market
4.3 Global Automotive Air Suspension Market Growth,
By Country (USD Million)
4.4 Global Automotive Air Suspension Market Size, By Technology (USD Million)
4.5 Global Automotive Air Suspension Market Size, By Component (USD Million)
4.6 Global Automotive Air Suspension Market Growth, By Region (USD Million)
4.7 Global Automotive Air Suspension Market: Life Cycle Analysis, By Vehicle Type

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 And Comfort
5.3.2 Restraints
5.3.2.1 High Development And Adoption Costs 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 Advanced Electronically Controlled Air Suspension
5.3.4 Challenges
5.3.4.1 Maintaining A Balance Between The Costs And 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 Global Automotive Air Suspension Market, By Component
6.1 Introduction
6.2 Air Spring Market, By Region
6.3 Shock Absorber Market, By Region
6.4 Air Compressor Market, By Region
6.5 Electronic Control Module Market, By Region
6.6 Air Reservoir Market, By Region
6.7 Height Sensor Market, By Region

7 Global Automotive Air Suspension Market, By Technology
7.1 Introduction
7.2 Electronically Controlled Air Suspension Market, By Region
7.3 Non-Electronically Controlled Air Suspension Market, By Region

8 Global Automotive Air Suspension Market, By Region
8.1 Introduction
8.1.1 Asia-Oceania
8.1.1.1 China Automotive Air Suspension Market Size, By Vehicle Type
8.1.1.2 India Automotive Air Suspension Market Size, By Vehicle Type
8.1.1.3 Japan Automotive Air Suspension Market Size, By Vehicle Type
8.1.1.4 South Korea Automotive Air Suspension Market Size, By Vehicle Type
8.1.1.5 Rest Of Asia-Oceania Automotive Air Suspension Market Size, By Vehicle Type
8.1.2 Europe
8.1.2.1 Germany Automotive Air Suspension Market Size, By Vehicle Type
8.1.2.2 France Automotive Air Suspension Market Size, By Vehicle Type
8.1.2.3 U.K. Automotive Air Suspension Market Size, By Vehicle Type
8.1.2.4 Rest Of Europe Automotive Air Suspension Market Size, By Vehicle Type
8.1.3 North America
8.1.3.1 U.S. Automotive Air Suspension Market Size, By Vehicle Type
8.1.3.2 Mexico Automotive Air Suspension Market Size, By Vehicle Type
8.1.3.3 Canada Automotive Air Suspension Market Size, By Vehicle Type
8.1.4 Rest Of The World
8.1.4.1 Brazil Automotive Air Suspension Market Size, By Vehicle Type
8.1.4.2 Russia Automotive Air Suspension Market Size, By Vehicle Type
8.1.4.3 Row Others Automotive Air Suspension Market Size, By Vehicle Type

9 Competitive Landscape
9.1 Competitive Situation And Trends
9.2 New Product Development
9.3 Expansion
9.4 Agreements/Joint Ventures/Supply Contracts/Partnerships
9.5 Mergers And Acquisitions

10 Company Profiles
(Company At A Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, Swot Analysis & Mnm View) -
10.1 Introduction
10.2 Continental Ag
10.3 Thyssenkrupp Ag
10.4 Wabco Holdings Inc.
10.5 Hendrickson International Corporation
10.6 Dunlop Systems And Components
10.7 Hitachi Ltd.
10.8 Mando Corporation
10.9 Bwi Group
10.10 Accuair Suspension
10.11 Firestone Industrial Products
  • Details On Company At A Glance, Recent Financials, Products Offered, Strategies & Insights, & Recent Developments Might Not Be Captured In Case Of Unlisted Companies.
11 Appendix
11.1 Insights Of Industry Experts
11.2 Discussion Guide
11.3 Knowledge Store: Subscription Portal
11.4 Introducing Rt: Real-Time Market Intelligence
11.5 Available Customizations
11.5.1 Global Automotive Air Suspension Market, By Technology, By Vehicle Type
11.5.1.1 Electronically Controlled Air Suspension System Market
11.5.1.1.1 Passenger Cars
11.5.1.1.2 Lcvs
11.5.1.1.3 Trucks
11.5.1.1.4 Buses
11.5.1.2 Non-Electronically Controlled Air Suspension System Market
11.5.1.2.1 Passenger Cars
11.5.1.2.2 Lcvs
11.5.1.2.3 Trucks
11.5.1.2.4 Buses
11.5.2 Global Automotive Air Suspension Component Market, By Vehicle Type
11.5.2.1 Air Springs
11.5.2.2 Shock Absorbers
11.5.2.3 Air Compressors
11.5.2.4 Ecus
11.5.2.5 Air Reservoirs
11.5.2.6 Height Sensors
11.6 Related Reports

List of Tables (70 Tables)

Table 1 Automotive Air Suspension Systems: By System Type
Table 2 Air Suspension System Components Considered for the Study
Table 3 Luxury Passenger Car Sales of Key Manufacturers in China, India, Germany & U.K., 2014-2015
Table 4 Porter’s Five Forces Analysis
Table 5 Global Automotive Air Suspension Market Size, By Region, 2014-2021 (‘000 Units)
Table 6 Global Automotive Air Suspension Market Size, By Region, 2014-2021 (USD Million)
Table 7 Global Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 8 Global Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 9 Asia-Oceania: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 10 Asia-Oceania: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 11 China: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 12 China: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 13 India: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 14 India: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 15 Japan: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 16 Japan: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 17 South Korea: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 18 South Korea: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 19 Rest of Asia-Oceania: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 20 Rest of Asia-Oceania: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 21 Europe: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 22 Europe: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 23 Germany: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 24 Germany: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 25 France: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 26 France: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 27 U.K.: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 28 U.K.: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 29 Rest of Europe: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 30 Rest of Europe: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 31 North America: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 32 North America: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 33 U.S.: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 34 U.S.: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 35 Mexico: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 36 Mexico: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 37 Canada: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 38 Canada: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 39 Rest of the World: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 40 Rest of the World: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 41 Brazil: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 42 Brazil: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 43 Russia: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 44 Russia: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 45 Others: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (‘000 Units)
Table 46 Others: Automotive Air Suspension Market Size, By Vehicle Type, 2014-2021 (USD Million)
Table 47 Global Automotive Air Suspension Market Size, By Component, 2014-2021 (‘000 Units)
Table 48 Global Automotive Air Suspension Market Size, By Component, 2014-2021 (USD Million)
Table 49 Air Spring: Global Automotive Air Suspension Market, By Region, 2014-2021 (‘000 Units)
Table 50 Air Spring: Global Automotive Air Suspension Market, By Region, 2014-2021 (USD Million)
Table 51 Shock Absorber: Global Automotive Air Suspension Market, By Region, 2014-2021 (‘000 Units)
Table 52 Shock Absorber: Global Automotive Air Suspension Market, By Component, 2014-2021 (USD Million)
Table 53 Air Compressor: Global Automotive Air Suspension Market, By Region, 2014-2021 (‘000 Units)
Table 54 Air Compressor: Global Automotive Air Suspension Market, By Region, 2014-2021 (USD Million)
Table 55 Electronic Control Module: Global Automotive Air Suspension Market, By Region, 2014-2021 (‘000 Units)
Table 56 Electronic Control Module: Global Automotive Air Suspension Market, By Region, 2014-2021 (USD Million)
Table 57 Air Reservoir: Global Automotive Air Suspension Market, By Region, 2014-2021 (‘000 Units)
Table 58 Air Reservoir: Global Automotive Air Suspension Market, By Component, 2014-2021 (USD Million)
Table 59 Height Sensor: Global Automotive Air Suspension Market, By Component, 2014-2021 (‘000 Units)
Table 60 Height Sensor: Global Automotive Air Suspension Market, By Component, 2014-2021 (USD Million)
Table 61 Global Automotive Air Suspension Market Size, By Technology, 2014-2021 (‘000 Units)
Table 62 Global Automotive Air Suspension Size, By Technology, 2014-2021 (USD Million)
Table 63 Electronically Controlled: Automotive Air Suspension Market Size, By Region, 2014-2021 (‘000 Units)
Table 64 Electronically Controlled: Automotive Air Suspension Market Size, By Region, 2014-2021 (USD Million)
Table 65 Non-Electronically Controlled: Automotive Air Suspension Market Size, By Region, 2014-2021 (‘000 Units)
Table 66 Non-Electronically Controlled: Automotive Air Suspension Market Size, By Region, 2014-2021 (USD Million)
Table 67 New Product Development, 2014-2016
Table 68 Expansions, 2015
Table 69 Agreements/Joint Ventures/Supply Contracts/Partnerships, 2013-2015
Table 70 Mergers & Acquisitions, 2014-2015

List of Figures (57 Figures)

Figure 1 Market Segmentation: Global Automotive Air Suspension Market
Figure 2 Global Automotive Air Suspension Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown Of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Impact Of Disposable Income On Vehicle Sales, 2014
Figure 6 Vehicle Production, 2010–2015 (‘000 Units)
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Data Triangulation
Figure 9 The European Automotive Air Suspension Market Is Estimated To Hold The Largest Market, 2016-2021 (USD Million)
Figure 10 Non-Electronically Controlled Air Suspension System Segment Is Estimated To Hold The Largest Market Size, 2016 (USD Million)
Figure 11 Air Spring Component Is Estimated To Hold The Largest Market Size, 2016-2021 (USD Million)
Figure 12 Global Automotive Air Suspension Market: Asia-Oceania Projected To Be The Fastest Growing Market, 2016-2021 (USD Million)
Figure 13 Passenger Cars And Buses Segments Projected To Be The Fastest Growing Markets, 2016-2021 (Usd Million)
Figure 14 Attractive Market Opportunities In The Global Automotive Air Suspension Market
Figure 15 India, South Koreaand Canada Are Expected To Be The Fastest Growing Markets For Automotive Air Suspension, 2016–2021
Figure 16 Global Automotive Air Suspension Market Size, By Technology, 2016 (USD Million)
Figure 17 Global Automotive Air Suspension Market Size, By Component, 2016-2021 (USD Million)
Figure 18 Global Automotive Air Suspension Market Size, By Region, 2016-2021 (USD Million)
Figure 19 Passenger Cars Air Suspension Market To Experience High Growth
Figure 20 Global Automotive Air Suspension: Market Dynamics
Figure 21 Global Bus Production, 2014–2021 (’000 Units)
Figure 22 Weight Reduction Targets For Systems Of Light-Duty Internal Combustion Engine Vehicles (2020–2050) In The U.S.
Figure 23 Porter’s Five Forces Analysis: Air Suspension Market
Figure 24 Intensity Of Competitive Rivalry In The Automotive Air Suspension System Market Is Considered Medium
Figure 25 Few Players In The Market Lead To A Medium Degree Of Competition In The Automotive Air Suspension System Market
Figure 26 Presence Of Well-Established Players To Have The Highest Impact On New Entrants
Figure 27 Technological Advancements And Switching Costs Make The Threat Of Substitutes Medium
Figure 28 Large Customer Base And Product Differentiation Make The Bargaining Power Of Suppliers Medium
Figure 29 Buyers’ Bargaining Power Is Rated Low As Most Buyers Are Unable To Integrate Backwards
Figure 30 Global Automotive Air Suspension Market: Supply Chain
Figure 31 Global Automotive Air Suspension Market Size, By Component, 2016–2021 (Usd Million)
Figure 32 Non-Electronically Controlled Air Suspension Market Is Estimated To Have The Highest Market Size, 2016–2021, (Million Units)
Figure 33 Europe Is The Largest Market For Electronically Controlled Air Suspension , 2016–202
Figure 34 Asia-Oceania Is The Largest Market For Non-Electronically Controlled Air Suspension, 2016–2021, (‘000 Units)
Figure 35 Region-Wise Snapshot Of The Global Automotive Air Suspension Market, By Volume : Rapidly Growing Markets Are Emerging As New Hotspots
Figure 36 Global Automotive Air Suspension Market: China Is Expected To Record The Largest Market Size, 201
Figure 37 China Is The Largest Automotive Air Suspension Market In Asia-Oceania (2016)
Figure 38 Germany Is The Largest Automotive Air Suspension Market In Europe (2016)
Figure 39 The U.S. Is Expected To Be The Fastest Growing Automotive Air Suspension Market In North America,2016–2021 (Usd Million)
Figure 40 Brazil Holds The Largest Share In The Rest Of The World Automotive Air Suspension System Market, 201
Figure 41 Companies Adopted New Product Development As The Key Growth Strategy From 2012 To 2016
Figure 42 Wabco Holdings Inc. (Belgium) Registered The Highest Growth Rate From 2012 To 2015
Figure 43 Market Evaluation Framework: New Product Development Fuelled The Demand For Global Automotive Air Suspension Market From 2013 To 2016
Figure 44 Battle For Market Share: New Product Development Was The Key Strategy
Figure 45 Region-Wise Revenue Mix Of Top Four Players
Figure 46 Continental Ag: Company Snapshot
Figure 47 SWOT Analysis: Continental Ag
Figure 48 Thyssenkrupp Ag: Company Snapshot
Figure 49 SWOT Analysis: Thyssenkrupp Ag
Figure 50 Wabco Holdings Inc.: Company Snapshot
Figure 51 SWOT Analysis: Wabco Holdings Inc.
Figure 52 SWOT Analysis: Hendrickson International Corporation
Figure 53 SWOT Analysis: Dunlop Systems And Components
Figure 54 Hitachi Ltd. : Company Snapshot
Figure 55 SWOT Analysis: Hitachi Ltd
Figure 56 Mando Corporation: Company Snapshot
Figure 57 BWI Group: Company Snapshot
Note: Product cover images may vary from those shown
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  • Accuair Suspension
  • BWI Group
  • Continental AG
  • Dunlop Systems and Components
  • Firestone Industrial Products
  • Hendrickson International Corporation
  • Hitachi Ltd.
  • Mando Corporation
  • Thyssen Krupp AG
  • Wabco Holdings Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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