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Air Suspension - Global Market Trajectory & Analytics

  • ID: 4804468
  • Report
  • September 2020
  • Region: Global
  • 380 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • ACCUAIR SUSPENSION
  • BWI GROUP
  • CONTINENTAL AG
  • HITACHI LTD.
  • MANDO CORPORATION
  • THYSSENKRUPP AG
  • MORE
Global Air Suspension Market to Reach $6.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Air Suspension estimated at US$4 Billion in the year 2020, is projected to reach a revised size of US$6.1 Billion by 2027, growing at a CAGR of 6.3% over the period 2020-2027. Passenger Cars, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$3.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Commercial Vehicles segment is readjusted to a revised 5.5% CAGR for the next 7-year period.

The U. S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 9.7% CAGR

The Air Suspension market in the U. S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 9.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR. We bring years of research experience to this 7th edition of our report. The 380-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • AccuAir Suspension
  • Bwi Group
  • Continental AG
  • Dunlop Systems & Components Limited
  • Firestone Industrial Products Company LLC
  • Hitachi Ltd.
  • Mando Corporation
  • ThyssenKrupp AG
  • WABCO Holdings Inc.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ACCUAIR SUSPENSION
  • BWI GROUP
  • CONTINENTAL AG
  • HITACHI LTD.
  • MANDO CORPORATION
  • THYSSENKRUPP AG
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Automotive Industry Outlook and Opportunities for Air Suspension Systems
  • World Production of Light Vehicles in Million Units for the Period 2015-2023
  • Global Commercial Vehicles Market Outlook
  • Global Competitor Market Shares
  • Air Suspension Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
  • Air Suspension: Pros and Cons
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Technology Innovations in the Suspension Systems Market
  • Manufacturers Streamline Focus on Lightweight Materials to Reduce the Weight of Suspension Systems
  • Integrated System to Gain Pace in Future
  • Manufacturers Center Efforts on the Development of Advanced Suspension Systems
  • Air Suspension Systems Gain Penetration in Premium Passenger Cars
  • Demand for Luxury Cars Augments Growth Prospects
  • Growth in Off-Road Vehicles (ORVs) Market to Boost Sales
  • Air Suspension Systems Add to the Comfort in Electric Vehicles and Hybrid EVs
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Air Suspension Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
CANADA

JAPAN

CHINA
  • Rise in Adoption of ECAS in Chinese Trucks
EUROPE
  • Market Facts & Figures
  • European Air Suspension Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA
  • Indian Buses Move Towards Air Suspension Technology
SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 44
Note: Product cover images may vary from those shown
  • ACCUAIR SUSPENSION
  • BWI GROUP
  • CONTINENTAL AG
  • DUNLOP SYSTEMS & COMPONENTS LIMITED
  • FIRESTONE INDUSTRIAL PRODUCTS COMPANY
  • HITACHI LTD.
  • MANDO CORPORATION
  • THYSSENKRUPP AG
  • WABCO HOLDINGS
Note: Product cover images may vary from those shown
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