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Air Suspension - Market Analysis, Trends, and Forecasts

  • ID: 4804468
  • Report
  • 345 pages
  • Global Industry Analysts, Inc
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FEATURED COMPANIES

  • Accuair Suspension
  • Bwi Group
  • Continental Ag
  • Hitachi Ltd.
  • Mando Corporation
  • Thyssenkrupp Ag
  • MORE
The Air Suspension market worldwide is projected to grow by US$2.3 Billion, driven by a compounded growth of 7.2%. Passenger Cars, one of the segments analyzed and sized in this study, displays the potential to grow at over 7.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$3.5 Billion by the year 2025, Passenger Cars will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 6% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$80.7 Million to the region's size and clout in the next 5 to 6 years. Over US$68.5 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Passenger Cars will reach a market size of US$175.7 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 10.7% over the next couple of years and add approximately US$645.3 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:
  • 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
2 of 3

FEATURED COMPANIES

  • Accuair Suspension
  • Bwi Group
  • Continental Ag
  • Hitachi Ltd.
  • Mando Corporation
  • Thyssenkrupp Ag
  • MORE

I. METHODOLOGY

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

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

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

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

ACCUAIR SUSPENSION

BWI GROUP

CONTINENTAL AG

DUNLOP SYSTEMS & COMPONENTS LIMITED

FIRESTONE INDUSTRIAL PRODUCTS COMPANY

HITACHI LTD.

MANDO CORPORATION

THYSSENKRUPP AG

WABCO HOLDINGS

V. CURATED RESEARCH

Note: Product cover images may vary from those shown
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  • 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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