Global Automotive Air Suspension System Market Size, Share, Development, Growth and Demand Forecast to 2022

  • ID: 4340282
  • Report
  • Region: Global
  • 132 pages
  • P&S Market Research
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Air suspension in a vehicle is powered by an electric or engine driven air pump or compressor. Air is filled into the flexible bellows, usually made up of textile-reinforced rubber through the compressor pump. For smooth and improved ride comfort and quality, air suspension is used in the automotive vehicles. In comparison to the conventional suspension, air suspension in automotive vehicle provides better ride quality and comfort. Moreover, air suspension uses rubber bellows over normal struts used in conventional suspension systems, making the ride more comfortable. Therefore, the demand for air suspension systems in motor vehicles is increasing significantly.

The changing consumer preferences, increasing disposable income driving people towards premium cars, and increasing demand for luxury busses are expected to drive the demand for automotive air suspension over the forecast period. The increasing purchasing power parity of the consumer, especially in developing economies such as India, China and Brazil is impelling the automotive manufacturers to come up with more number of premium cars. The increase in demand for cabin comfort, maneuverability, stability and better control of the vehicle together have led to an increase in the demand for air suspension systems in recent times. In 2012, the sale of premium cars in China reached 1.3 million vehicles and is expected to reach 3 million by 2020. China’s premium car market is expected to grow at an annual rate of 12% through 2020 and is expected to overtake the U.S. as the largest premium car market. In 2012, sale of premium cars in U.S. reached 1.7 million vehicles and is expected to reach 2.3 million by 2020.

Automotive air suspension system offers benefits like customization, wide tenability and increased load carrying capacity. Hence in 2015, the largest consumption of air suspension systems was in the buses.

Stringent vehicular emission regulations and surging consumer demand for fuel efficient vehicles is creating opportunity for the automotive air suspension system market. Stringent regulatory framework is encouraging the automotive manufacturing giants to develop lightweight electronically controlled suspension systems. For instance, WABCO Holdings Corporation (Belgium) introduced an efficient electronic air suspension for heavy duty trucks. The increasing demand for luxury and comfort has led to air suspension systems being introduced in passenger cars too. The AIRMATIC suspension system incorporated in the new Mercedes C-Class is one such example.

Among the two technologies of automotive air suspension system, the manual air suspension held the larger share in the global automotive air suspension system market in 2015. However, the electronic air suspension systems segment is growing at a faster rate. The consumption of automotive air suspension system was the largest in bus segment in 2015, compared to other vehicle types. At a global level, shock absorber constituted the largest segment in 2015, based on components of automotive air suspension system.

The global automotive air suspension system market was valued at $4,963.6 million in 2015, and it is expected to grow at a CAGR of 7.6% during 2016 - 2022. In 2015, Europe accounted for the largest share in the global automotive air suspension system market; whereas the market in Asia-Pacific is expected to grow at the fastest rate, during the forecast period. The growth of the market in the Asia-Pacific is driven by increasing disposable incomes of people and growing demand for fuel efficient vehicles. North America was the second largest market for automotive air suspension system in 2015, owing to its increasing customer base and high disposable income of people in the region. This has resulted in increased manufacturing activities by local automotive OEMs in the region, and supporting the growth of the automotive air suspension system market.

Some of the major players operating in the global automotive air suspension system market include Thyssenkrupp AG, Hendrickson International Corporation, Continental AG, WABCO Holdings Inc., Hitachi Ltd., BWI Group, Firestone Industrial Products, Mando Corporation, Accuair Suspension, and Dunlop Systems and Components.
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1. Research Scope And Methodology
1.1 Market Definition
1.2 Research Scope
1.2.1 Market Segmentation By Technology
1.2.2 Market Segmentation By Component
1.2.3 Market Segmentation By Vehicle Type
1.2.4 Market Segmentation By Region
1.3 Research Methodology And Sources

2. Executive Summary
2.1 Key Findings
2.2 Research Summary

3. Market Outlook
3.1 Introduction
3.2 Trends In The Global Automotive Air Suspension System Market
3.2.1 Increasing Adoption Of Lightweight Electronic Air Suspension Systems
3.3 Opportunities In The Global Automotive Air Suspension Market
3.3.1 Advanced Electronically-Controlled Air Suspension Systems
3.3.2 Fuel Efficient Norms
3.4 Factors Driving Growth Of The Market And Its Impact On Market Forecast
3.4.1 Increasing Demand For Luxury Buses
3.4.2 Increasing Disposable Income Driving People Toward Premium Cars
3.4.3 Rapid Urbanization And Increasing Population
3.4.4 Impact Analysis Of Drivers On Market Forecast
3.5 Factors Hindering Growth Of The Market And Its Impact On Market Forecast
3.5.1 High Cost Associated With Air Suspension
3.5.2 Impact Analysis Of Restraints On Market Forecast

4. Global Automotive Air Suspension System Market Size And Forecast (2012-2022)
4.1 Global Automotive Air Suspension System Market, By Technology
4.1.1 Manual Air Suspension
4.1.2 Electronic Air Suspension
4.2 Global Automotive Air Suspension System Market, By Component
4.2.1 Shock Absorber
4.2.2 Air Spring
4.2.3 Height Sensor
4.2.4 Air Compressor
4.2.5 Air Reservoir
4.2.6 Electric Control Unit (Ecu)
4.2.7 Others
4.3 Global Automotive Air Suspension System Market, By Vehicle Type
4.3.1 Bus
4.3.2 Passenger Car
4.3.3 Light Commercial Vehicle (Lcv)
4.4 Global Automotive Air Suspension System Market, By Region

5. Global Automotive Air Suspension System Market, By Geography
5.1 Europe Automotive Air Suspension System Market
5.1.1 Europe Automotive Air Suspension System Market, By Technology
5.1.2 Europe Automotive Air Suspension System Market, By Component
5.1.3 Europe Automotive Air Suspension System Market, By Vehicle Type
5.1.4 Europe Automotive Air Suspension System Market, By Country
5.2 North America Automotive Air Suspension System Market
5.2.1 North America Air Suspension System Market, By Technology
5.2.2 North America Automotive Air Suspension System Market, By Component
5.2.3 North America Automotive Air Suspension System Market, By Vehicle Type
5.2.4 North America Automotive Air Suspension System Market, By Country
5.3 Asia-Pacific Automotive Air Suspension System Market
5.3.1 Asia-Pacific Air Suspension System Market, By Technology
5.3.2 Asia-Pacific Automotive Air Suspension System Market, By Component
5.3.3 Asia-Pacific Automotive Air Suspension System Market, By Vehicle Type
5.3.4 Asia-Pacific Automotive Air Suspension System Market, By Country
5.4 Rest Of The World (Row) Automotive Air Suspension System Market
5.4.1 Row Air Suspension System Market, By Technology
5.4.2 Row Automotive Air Suspension System Market, By Component
5.4.3 Row Automotive Air Suspension System Market, By Vehicle Type
5.4.4 Row Automotive Air Suspension System Market, By Country

6. Competitive Analysis
6.1 Porter’S Five Forces Of Competitive Position Analysis
6.1.1 Bargaining Power Of Buyers
6.1.2 Bargaining Power Of Suppliers
6.1.3 Threat Of New Entrants
6.1.4 Intensity Of Rivalry
6.1.5 Threat Of Substitutes
6.2 Competitive Positioning Of Global Automotive Air Suspension System Market, By Component

7. Company Profiles And Strategic Developments
7.1 Key Company Profiles
7.1.1 Continental Ag
7.1.1.1 Business Overview
7.1.1.2 Product And Service Offerings
7.1.2 Hitachi, Ltd.
7.1.2.1 Business Overview
7.1.2.2 Product And Service Offerings
7.1.3 Thyssenkrupp Ag
7.1.3.1 Business Overview
7.1.3.2 Product And Service Offerings
7.1.4 Wabco Holdings Inc.
7.1.4.1 Business Overview
7.1.4.2 Product And Service Offerings
7.1.5 Dunlop Systems And Components Ltd.
7.1.5.1 Business Overview
7.1.5.2 Product And Service Offerings
7.1.6 Accuair Suspension
7.1.6.1 Business Overview
7.1.6.2 Product And Service Offerings
7.1.7 Firestone Industrial Products
7.1.7.1 Business Overview
7.1.7.2 Product And Service Offerings
7.1.8 Hendrickson International Corporation
7.1.8.1 Business Overview
7.1.8.2 Product And Service Offerings
7.1.9 Beijing West Industries Co., Ltd.
7.1.9.1 Business Overview
7.1.9.2 Product And Service Offerings
7.2 Strategic Developments

8. Appendix
8.1 List Of Abbreviations

List Of Tables
Table 1: Specific Primary And Secondary Sources Used For This Publication
Table 2: Global Automotive Air Suspension System Market Snapshot
Table 3: Drivers For The Market: Impact Analysis
Table 4: Restraints For The Market: Impact Analysis
Table 5: Global Automotive Air Suspension System Market, By Technology, ‘000 Units (2012-2015)
Table 6: Global Automotive Air Suspension System Market, By Technology, ‘000 Units (2016-2022)
Table 7: Global Automotive Air Suspension System Market, By Technology, $M (2012-2015)
Table 8: Global Automotive Air Suspension System Market, By Technology, $M (2016-2022)
Table 9: Global Automotive Air Suspension System Market, By Component, ‘000 Units (2012-2015)
Table 10: Global Automotive Air Suspension System Market, By Component, ‘000 Units (2016-2022)
Table 11: Global Automotive Air Suspension System Market, By Component, $M (2012-2015)
Table 12: Global Automotive Air Suspension System Market, By Component, $M (2016-2022)
Table 13: Global Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2012-2015)
Table 14: Global Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2016-2022)
Table 15: Global Automotive Air Suspension System Market, By Vehicle Type, $M (2012-2015)
Table 16: Global Automotive Air Suspension System Market, By Vehicle Type, $M (2016-2022)
Table 17: Global Automotive Air Suspension System Market, By Region, ‘000 Units (2012-2015)
Table 18: Global Automotive Air Suspension System Market, By Region, ‘000 Units (2016-2022)
Table 19: Global Automotive Air Suspension System Market, By Region, $M (2012-2015)
Table 20: Global Automotive Air Suspension System Market, By Region, $M (2016-2022)
Table 21: Europe Automotive Air Suspension System Market, By Technology, ‘000 Units (2012-2015)
Table 22: Europe Automotive Air Suspension System Market, By Technology, ‘000 Units (2016-2022)
Table 23: Europe Automotive Air Suspension System Market, By Technology, $M (2012-2015)
Table 24: Europe Automotive Air Suspension System Market, By Technology, $M (2016-2022)
Table 25: Europe Automotive Air Suspension System Market, By Component, ‘000 Units (2012-2015)
Table 26: Europe Automotive Air Suspension System Market, By Component, ‘000 Units (2016-2022)
Table 27: Europe Automotive Air Suspension System Market, By Component, $M (2012-2015)
Table 28: Europe Automotive Air Suspension System Market, By Component, $M (2016-2022)
Table 29: Europe Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2012-2015)
Table 30: Europe Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2016-2022)
Table 31: Europe Automotive Air Suspension System Market, By Vehicle Type, $M (2012-2015)
Table 32: Europe Automotive Air Suspension System Market, By Vehicle Type, $M (2016-2022)
Table 33: Europe Automotive Air Suspension System Market, By Country, ‘000 Units (2012-2015)
Table 34: Europe Automotive Air Suspension System Market, By Country, ‘000 Units (2016-2022)
Table 35: Europe Automotive Air Suspension System Market, By Country, $M (2012-2015)
Table 36: Europe Automotive Air Suspension System Market, By Country, $M (2016-2022)
Table 37: North America Automotive Air Suspension System Market, By Technology, ‘000 Units (2012-2015)
Table 38: North America Automotive Air Suspension System Market, By Technology, ‘000 Units (2016-2022)
Table 39: North America Automotive Air Suspension System Market, By Technology, $M (2012-2015)
Table 40: North America Automotive Air Suspension System Market, By Technology, $M (2016-2022)
Table 41: North America Automotive Air Suspension System Market, By Component, ‘000 Units (2012-2015)
Table 42: North America Automotive Air Suspension System Market, By Component, ‘000 Units (2016-2022)
Table 43: North America Automotive Air Suspension System Market, By Component, $M (2012-2015)
Table 44: North America Automotive Air Suspension System Market, By Component, $M (2016-2022)
Table 45: North America Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2012-2015)
Table 46: North America Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2016-2022)
Table 47: North America Automotive Air Suspension System Market, By Vehicle Type, $M (2012-2015)
Table 48: North America Automotive Air Suspension System Market, By Vehicle Type, $M (2016-2022)
Table 49: North America Automotive Air Suspension System Market, By Country, ‘000 Units (2012-2015)
Table 50: North America Automotive Air Suspension System Market, By Country, ‘000 Units (2016-2022)
Table 51: North America Automotive Air Suspension System Market, By Country, $M (2012-2015)
Table 52: North America Automotive Air Suspension System Market, By Country, $M (2016-2022)
Table 53: Asia-Pacific Automotive Air Suspension System Market, By Technology, ‘000 Units (2012-2015)
Table 54: Asia-Pacific Automotive Air Suspension System Market, By Technology, ‘000 Units (2016-2022)
Table 55: Asia-Pacific Automotive Air Suspension System Market, By Technology, $M (2012-2015)
Table 56: Asia-Pacific Automotive Air Suspension System Market, By Technology, $M (2016-2022)
Table 57: Asia-Pacific Automotive Air Suspension System Market, By Component, ‘000 Units (2012-2015)
Table 58: Asia-Pacific Automotive Air Suspension System Market, By Component, ‘000 Units (2016-2022)
Table 59: Asia-Pacific Automotive Air Suspension System Market, By Component, $M (2012-2015)
Table 60: Asia-Pacific Automotive Air Suspension System Market, By Component, $M (2016-2022)
Table 61: Asia-Pacific Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2012-2015)
Table 62: Asia-Pacific Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2016-2022)
Table 63: Asia-Pacific Automotive Air Suspension System Market, By Vehicle Type, $M (2012-2015)
Table 64: Asia-Pacific Automotive Air Suspension System Market, By Vehicle Type, $M (2016-2022)
Table 65: Asia-Pacific Automotive Air Suspension System Market, By Country, ‘000 Units (2012-2015)
Table 66: Asia-Pacific Automotive Air Suspension System Market, By Country, ‘000 Units (2016-2022)
Table 67: Asia-Pacific Automotive Air Suspension System Market, By Country, $M (2012-2015)
Table 68: Asia-Pacific Automotive Air Suspension System Market, By Country, $M (2016-2022)
Table 69: Row Automotive Air Suspension System Market, By Technology, ‘000 Units (2012-2015)
Table 70: Row Automotive Air Suspension System Market, By Technology, ‘000 Units (2016-2022)
Table 71: Row Automotive Air Suspension System Market, By Technology, $M (2012-2015)
Table 72: Row Automotive Air Suspension System Market, By Technology, $M (2016-2022)
Table 73: Row Automotive Air Suspension System Market, By Component, ‘000 Units (2012-2015)
Table 74: Row Automotive Air Suspension System Market, By Component, ‘000 Units (2016-2022)
Table 75: Row Automotive Air Suspension System Market, By Component, $M (2012-2015)
Table 76: Row Automotive Air Suspension System Market, By Component, $M (2016-2022)
Table 77: Row Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2012-2015)
Table 78: Row Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2016-2022)
Table 79: Row Automotive Air Suspension System Market, By Vehicle Type, $M (2012-2015)
Table 80: Row Automotive Air Suspension System Market, By Vehicle Type, $M (2016-2022)
Table 81: Row Automotive Air Suspension System Market, By Country, ‘000 Units (2012-2015)
Table 82: Row Automotive Air Suspension System Market, By Country, ‘000 Units (2016-2022)
Table 83: Row Automotive Air Suspension System Market, By Country, $M (2012-2015)
Table 84: Row Automotive Air Suspension System Market, By Country, $M (2016-2022)
Table 85: Continental Ag-Key Facts
Table 86: Hitachi, Ltd.-Key Facts
Table 87: Thyssenkrupp Ag-Key Facts
Table 88: Product Offerings Of Thyssenkrupp Ag
Table 89: Wabco Holdings Inc.-Key Facts
Table 90: Dunlop Systems And Components Ltd.-Key Facts
Table 91: Accuair Suspension-Key Facts
Table 92: Firestone Industrial Products-Key Facts
Table 93: Hendrickson International Corporation-Key Facts
Table 94: Beijing West Industries Co., Ltd.-Key Facts

List Of Figures
Fig 1: Research Scope For Global Automotive Air Suspension System Market
Fig 2: Research Methodology For Global Automotive Air Suspension System Market
Fig 3: Global Automotive Air Suspension System Market Split, By Region, Based On Volume (2015)
Fig 4: Global Automotive Air Suspension System Market Split, By Region, Based On Value (2015)
Fig 5: Urban Population As % Of Total Population In Emerging Economies
Fig 6: Global Automotive Air Suspension System Market, By Technology, ‘000 Units (2012-2022)
Fig 7: Global Automotive Air Suspension System Market, By Technology, $M (2012-2022)
Fig 8: Global Automotive Air Suspension System Market, By Component, ‘000 Units (2012-2022)
Fig 9: Global Automotive Air Suspension System Market, By Component, $M (2012-2022)
Fig 10: Global Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2012-2022)
Fig 11: Global Automotive Air Suspension System Market, By Vehicle Type, $M (2012-2022)
Fig 12: Global Automotive Air Suspension System Market, By Region, ‘000 Units (2012-2022)
Fig 13: Global Automotive Air Suspension System Market, By Region, $M (2012-2022)
Fig 14: Worldwide Major Markets For Automotive Air Suspension System (2022)
Fig 15: Europe Automotive Air Suspension System Market, ‘000 Units (2012-2022)
Fig 16: Europe Automotive Air Suspension System Market, $M (2012-2022)
Fig 17: Europe Automotive Air Suspension System Market, By Technology, ‘000 Units (2012-2022)
Fig 18: Europe Automotive Air Suspension System Market, By Technology, $M (2012-2022)
Fig 19: Europe Automotive Air Suspension System Market, By Component, ‘000 Units (2012-2022)
Fig 20: Europe Automotive Air Suspension System Market, By Component, $M (2012-2022)
Fig 21: Europe Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2012-2022)
Fig 22: Europe Automotive Air Suspension System Market, By Vehicle Type, $M (2012-2022)
Fig 23: Europe Automotive Air Suspension System Market, By Country, ‘000 Units (2012-2022)
Fig 24: Europe Automotive Air Suspension System Market, By Country, $M (2012-2022)
Fig 25: North America Automotive Air Suspension System Market, ‘000 Units (2012-2022)
Fig 26: North America Automotive Air Suspension System Market, $M (2012-2022)
Fig 27: North America Automotive Air Suspension System Market, By Technology, ‘000 Units (2012-2022)
Fig 28: North America Automotive Air Suspension System Market, By Technology, $M (2012-2022)
Fig 29: North America Automotive Air Suspension System Market, By Component, ‘000 Units (2012-2022)
Fig 30: North America Automotive Air Suspension System Market, By Component, $M (2012-2022)
Fig 31: North America Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2012-2022)
Fig 32: North America Automotive Air Suspension System Market, By Vehicle Type, $M (2012-2022)
Fig 33: North America Automotive Air Suspension System Market, By Country, ‘000 Units (2012-2022)
Fig 34: North America Automotive Air Suspension System Market, By Country, $M (2012-2022)
Fig 35: Asia-Pacific Automotive Air Suspension System Market, ‘000 Units (2012-2022)
Fig 36: Asia-Pacific Automotive Air Suspension System Market, $M (2012-2022)
Fig 37: Asia-Pacific Automotive Air Suspension System Market, By Technology, ‘000 Units (2012-2022)
Fig 38: Asia-Pacific Automotive Air Suspension System Market, By Technology, $M (2012-2022)
Fig 39: Asia-Pacific Automotive Air Suspension System Market, By Component, ‘000 Units (2012-2022)
Fig 40: Asia-Pacific Automotive Air Suspension System Market, By Component, $M (2012-2022)
Fig 41: Asia-Pacific Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2012-2022)
Fig 42: Asia-Pacific Automotive Air Suspension System Market, By Vehicle Type, $M (2012-2022)
Fig 43: Asia-Pacific Automotive Air Suspension System Market, By Country, ‘000 Units (2012-2022)
Fig 44: Asia-Pacific Automotive Air Suspension System Market, By Country, $M (2012-2022)
Fig 45: Row Automotive Air Suspension System Market, ‘000 Units (2012-2022)
Fig 46: Row Automotive Air Suspension System Market, $M (2012-2022)
Fig 47: Row Automotive Air Suspension System Market, By Technology, ‘000 Units (2012-2022)
Fig 48: Row Automotive Air Suspension System Market, By Technology, $M (2012-2022)
Fig 49: Row Automotive Air Suspension System Market, By Component, ‘000 Units (2012-2022)
Fig 50: Row Automotive Air Suspension System Market, By Component, $M (2012-2022)
Fig 51: Row Automotive Air Suspension System Market, By Vehicle Type, ‘000 Units (2012-2022)
Fig 52: Row Automotive Air Suspension System Market, By Vehicle Type, $M (2012-2022)
Fig 53: Row Automotive Air Suspension System Market, By Country, ‘000 Units (2012-2022)
Fig 54: Row Automotive Air Suspension System Market, By Country, $M (2012-2022)
Fig 55: Porter’S Five Forces Of Competitive Position Analysis
Fig 56: Competitive Positioning Of Global Automotive Air Suspension System Market, By Component, Based On Value
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