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Air Suspension Compressor Market by Vehicle Type, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030

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    Report

  • 237 Pages
  • February 2022
  • Region: Global
  • Allied Market Research
  • ID: 5578285
Description Jump to:
The global air suspension compressor market was valued at $1,987.3 million in 2020, and is projected to reach $3,909.1 million by 2030, registering a CAGR of 6.9% from 2021 to 2030. By volume, the global air suspension compressor market was at 7,566 thousand in 2020, and is projected to reach 12,935 thousand by 2030, registering a CAGR of 5.4%. Air suspension compressor systems are adopted in vehicles to provide comfortable long rides to drivers and passengers. It also reduces the damage caused to good while transportation.



The majority of the benefits of air suspension in an automobile are related to adjustability. An air suspension system may raise or lower a vehicle's height and hence ground clearance in seconds by adding or lowering the volume of air in the spring. Raising the suspension lowers the chances of a vehicle becoming trapped off-road or suffering underbody damage from trail hazards. Air suspension compressor systems helps to minimizes cargo damage, and decreases driver fatigue and also improves ride for passenger. Suspension is crucial for ride quality and automobile handling control, since cars with firm suspension may have better body control and quicker reflexes. Ambulances, in particular, require a high degree of ride quality to prevent further harm to patients who are already sick. As a result of these reasons, the demand of air suspension compressor is increasing and providing lucrative growth in the market.

Electronic control unit in vehicle’s air suspension improves vibration absorption and loading and unloading efficiency. It changes the loading platform height according to the load to maintain the best possible condition of the air suspension system, which is noted for its superior vibration absorption capability. Furthermore, Key players are focusing on manufacturing advance air suspension compressor for passenger and commercial vehicles. For instance, in October 2021, VIAIR has introduced the 330 C Hyper Grade 24V Compressor for those in need of consistent high–pressure air in their manufacturing process or other industrial applications.

The global air suspension compressor market is segmented on the basis of vehicle type, sales channel, and region. On the basis of vehicle type, the market is segregated into passenger vehicle and commercial vehicle. By sales channel, it is categorized into in OEM and aftersales. Region wise, the air suspension compressor market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

COMPETITION ANALYSIS

Some of the key players operating in the global air suspension compressor market include Arnott, AT Parts Germany, Duralo, Guangzhou CYS Auto Parts, Guangzhou Tech Master Auto Parts Co, Miessler Automotive GmbH & Co. KG, Mopar (Stellantis), VIAIR Corporation, Zhejiang Bocheng Automotive Technology Co. Ltd., and ZF Friedrichshafen AG.

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides an extensive analysis of the current and emerging air suspension compressor market trends and dynamics
  • In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2030
  • Extensive analysis of the air suspension compressor market is conducted by following key product positioning and monitoring of the top competitors within the market framework
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities
  • The global air suspension compressor market forecast analysis from 2020 to 2030 is included in the report
  • The key market players within air suspension compressor market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the air suspension compressor industry

GLOBAL AIR SUSPENSION COMPRESSOR MARKET SEGMENTS


By VEHICLE TYPE

  • Passenger Vehicle
  • Commercial Vehicle

By SALES CHANNEL

  • OEM
  • Aftersales

By Region

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY PLAYERS

  • Arnott
  • AT Parts Germany
  • Duralo, Guangzhou CYS Auto Parts
  • Guangzhou Tech Master Auto Parts Co
  • Miessler Automotive GmbH & Co KG
  • Mopar (Stellantis)
  • VIAIR Corporation
  • Zhejiang Bocheng Automotive Technology Co Ltd
  • ZF Friedrichshafen AG

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Key Players
1.5. Research Methodology
1.5.1. Primary Research
1.5.2. Secondary Research
1.5.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Key Findings of the Study
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Market Player Positioning, 2020
3.4. Porter's Five Forces Analysis
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Increase in Manufacturing of Commercial Vehicles
3.5.1.2. Rise in Demand for Luxury Vehicles
3.5.2. Restraints
3.5.2.1. High Manufacturing and Installation Cost of Air Suspension Compressor Systems
3.5.2.2. Increase in Raw Material Prices
3.5.3. Opportunities
3.5.3.1. Manufacturing of Advanced Light Weight Air Suspension Compressor Systems
3.5.3.2. Increase in Aftermarket Demand for Air Suspension Compressor
3.6. List of Customers
3.7. List of Suppliers
3.8. Product Structure Description
3.9. Covid-19 Impact Analysis
Chapter 4: Air Suspension Compressor Market, by Vehicle Type
4.1. Overview
4.1.1. Market Size and Forecast, by Vehicle Type
4.2. Passenger Vehicle
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Size and Forecast, by Country
4.3. Commercial Vehicle
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Size and Forecast, by Country
Chapter 5: Air Suspension Compressor Market, by Sales Channel
5.1. Overview
5.1.1. Market Size and Forecast, by Sales Channel
5.2. Original Equipment Manufacturers
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Size and Forecast, by Country
5.3. Aftersales
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Size and Forecast, by Country
Chapter 6: Air Suspension Compressor Market, by Region
6.1. Market Overview
6.1.1. Market Size and Forecast, by Region
6.2. North America
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. North America Market Size and Forecast, by Vehicle Type
6.2.3. North America Market Size and Forecast, by Sales Channel
6.2.4. North America Market Size and Forecast, by Country
6.2.4.1. U. S.
6.2.4.1.1. U. S. Market Size and Forecast, by Vehicle Type
6.2.4.1.2. U. S. Market Size and Forecast, by Sales Channel
6.2.4.2. Canada
6.2.4.2.1. Canada Market Size and Forecast, by Vehicle Type
6.2.4.2.2. Canada Market Size and Forecast, by Sales Channel
6.2.4.3. Mexico
6.2.4.3.1. Mexico Market Size and Forecast, by Vehicle Type
6.2.4.3.2. Mexico Market Size and Forecast, by Sales Channel
6.3. Europe
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Europe Market Size and Forecast, by Vehicle Type
6.3.3. Europe Market Size and Forecast, by Sales Channel
6.3.4. Europe Market Size and Forecast, by Country
6.3.4.1. Germany
6.3.4.1.1. Germany Market Size and Forecast, by Vehicle Type
6.3.4.1.2. Germany Market Size and Forecast, by Sales Channel
6.3.4.2. France
6.3.4.2.1. France Market Size and Forecast, by Vehicle Type
6.3.4.2.2. France Market Size and Forecast, by Sales Channel
6.3.4.3. Uk
6.3.4.3.1. Uk Market Size and Forecast, by Vehicle Type
6.3.4.3.2. Uk Market Size and Forecast, by Sales Channel
6.3.4.4. Italy
6.3.4.4.1. Italy Market Size and Forecast, by Vehicle Type
6.3.4.4.2. Italy Market Size and Forecast, by Sales Channel
6.3.4.5. Rest of Europe
6.3.4.5.1. Rest of Europe Market Size and Forecast, by Vehicle Type
6.3.4.5.2. Rest of Europe Market Size and Forecast, by Sales Channel
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Asia-Pacific Market Size and Forecast, by Vehicle Type
6.4.3. Asia-Pacific Market Size and Forecast, by Sales Channel
6.4.4. Asia-Pacific Market Size and Forecast, by Country
6.4.4.1. China
6.4.4.1.1. China Market Size and Forecast, by Vehicle Type
6.4.4.1.2. China Market Size and Forecast, by Sales Channel
6.4.4.2. India
6.4.4.2.1. India Market Size and Forecast, by Vehicle Type
6.4.4.2.2. India Market Size and Forecast, by Sales Channel
6.4.4.3. Japan
6.4.4.3.1. Japan Market Size and Forecast, by Vehicle Type
6.4.4.3.2. Japan Market Size and Forecast, by Sales Channel
6.4.4.4. South Korea
6.4.4.4.1. South Korea Market Size and Forecast, by Vehicle Type
6.4.4.4.2. South Korea Market Size and Forecast, by Sales Channel
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Rest of Asia-Pacific Market Size and Forecast, by Vehicle Type
6.4.4.5.2. Rest of Asia-Pacific Market Size and Forecast, by Sales Channel
6.5. Lamea
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Lamea Market Size and Forecast, by Vehicle Type
6.5.3. Lamea Market Size and Forecast, by Sales Channel
6.5.4. Lamea Market Size and Forecast, by Country
6.5.4.1. Latin America
6.5.4.1.1. Latin America Market Size and Forecast, by Vehicle Type
6.5.4.1.2. Latin America Market Size and Forecast, by Sales Channel
6.5.4.2. Middle East
6.5.4.2.1. Middle East Market Size and Forecast, by Vehicle Type
6.5.4.2.2. Middle East Market Size and Forecast, by Sales Channel
6.5.4.3. Africa
6.5.4.3.1. Africa Market Size and Forecast, by Vehicle Type
6.5.4.3.2. Africa Market Size and Forecast, by Sales Channel
Chapter 7: Company Profiles
7.1. Arnott
7.1.1. Company Overview
7.1.2. Key Executive
7.1.3. Company Snapshot
7.1.4. Product Portfolio
7.2. At Parts Germany (Aerosus)
7.2.1. Company Overview
7.2.2. Key Executive
7.2.3. Company Snapshot
7.2.4. Product Portfolio
7.3. Duralo
7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Product Portfolio
7.4. Guangzhou Cys Auto Parts Co. Ltd.
7.4.1. Company Overview
7.4.2. Key Executive
7.4.3. Company Snapshot
7.4.4. Product Portfolio
7.5. Guangzhou Tech Master Auto Parts Co. Ltd.
7.5.1. Company Overview
7.5.2. Key Executive
7.5.3. Company Snapshot
7.5.4. Product Portfolio
7.6. Miessler Automotive GmbH & Co. Kg
7.6.1. Company Overview
7.6.2. Key Executive
7.6.3. Company Snapshot
7.6.4. Product Portfolio
7.7. Mopar
7.7.1. Company Overview
7.7.2. Key Executive
7.7.3. Company Snapshot
7.7.4. Product Portfolio
7.7.5. R&D Expenditure
7.7.6. Business Performance
7.8. Viair Corporation
7.8.1. Company Overview
7.8.2. Key Executive
7.8.3. Company Snapshot
7.8.4. Operating Business Segments
7.8.5. Product Portfolio
7.8.6. Key Strategic Moves and Developments
7.9. Zehijang Bocheng Automotive Technology Co. Ltd
7.9.1. Company Overview
7.9.2. Key Executive
7.9.3. Company Snapshot
7.9.4. Operating Business Segments
7.9.5. Product Portfolio
7.10. Zf Friedrichshafen AG
7.10.1. Company Overview
7.10.2. Key Executive
7.10.3. Company Snapshot
7.10.4. Product Portfolio
7.10.5. R&D Expenditure
7.10.6. Business Performance
7.10.7. Key Strategic Moves and Developments
List of Tables
Table 01. Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 02. Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 03. Air Suspension Compressor Market for Passenger Vehicle, by Region, 2020–2030 ($Million)
Table 04. Air Suspension Compressor Market for Passenger Vehicle, by Region, 2020–2030 (Thousand Unit)
Table 05. Air Suspension Compressor Market for Commercial Vehicle, by Region, 2020–2030 ($Million)
Table 06. Air Suspension Compressor Market for Commercial Vehicle, by Region, 2020–2030 (Thousand Unit)
Table 07. Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 08. Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 09. Air Suspension Compressor Market for Original Equipment Manufacturers, by Region, 2020–2030 ($Million)
Table 10. Air Suspension Compressor Market for Original Equipment Manufacturers, by Region, 2020–2030 (Thousand Unit)
Table 11. Air Suspension Compressor Market for Aftersales, by Region, 2020–2030 ($Million)
Table 12. Air Suspension Compressor Market for Aftersales, by Region, 2020–2030 (Thousand Unit)
Table 13. Air Suspension Compressor Market, by Region, 2020–2030 ($Million)
Table 14. Air Suspension Compressor Market, by Region, 2020–2030 (Thousand Unit)
Table 15. North America Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 16. North America Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 17. North America Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 18. North America Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 19. North America Air Suspension Compressor Market, by Country, 2020–2030 ($Million)
Table 20. North America Air Suspension Compressor Market, by Country, 2020–2030 (Thousand Unit)
Table 21. U.S Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 22. U.S Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 23. U.S Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 24. U.S Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 25. Canada Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 26. Canada Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 27. Canada Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 28. Canada Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 29. Mexico Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 30. Mexico Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 31. Mexico Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 32. Mexico Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 33. Europe Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 34. Europe Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 35. Europe Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 36. Europe Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 37. Europe Air Suspension Compressor Market, by Country, 2020–2030 ($Million)
Table 38. Europe Air Suspension Compressor Market, by Country, 2020–2030 (Thousand Unit)
Table 39. Germany Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 40. Germany Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 41. Gemrnay Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 42. Gemrnay Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 43. France Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 44. France Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 45. France Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 46. France Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 47. Uk Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 48. Uk Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 49. Uk Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 50. Uk Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 51. Italy Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 52. Italy Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 53. Italy Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 54. Italy Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 55. Rest of Europe Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 56. Rest of Europe Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 57. Rest of Europe Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 58. Rest of Europe Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 59. Asia-Pacific Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 60. Asia-Pacific Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 61. Asia-Pacific Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 62. Asia-Pacific Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 63. Asia-Pacific Air Suspension Compressor Market , by Country, 2020–2030 ($Million)
Table 64. Asia-Pacific Air Suspension Compressor Market , by Country, 2020–2030 (Thousand Unit)
Table 65. China Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 66. China Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 67. China Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 68. China Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 69. India Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 70. India Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 71. India Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 72. India Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 73. Japan Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 74. Japan Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 75. Japan Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 76. Japan Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 77. South Korea Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 78. South Korea Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 79. South Korea Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 80. South Korea Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 81. Rest of Asia-Pacific Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 82. Rest of Asia-Pacific Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 83. Rest of Asia-Pacific Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 84. Rest of Asia-Pacific Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 85. Lamea Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 86. Lamea Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 87. Lamea Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 88. Lamea Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 89. Lamea Air Suspension Compressor Market, by Country, 2020–2030 ($Million)
Table 90. Lamea Air Suspension Compressor Market, by Country, 2020–2030 (Thousand Unit)
Table 91. Latin America Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 92. Latin America Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 93. Latin America Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 94. Latin America Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 95. Middle East Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 96. Middle East Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 97. Middle East Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 98. Middle East Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 99. Africa Air Suspension Compressor Market, by Vehicle Type, 2020–2030 ($Million)
Table 100. Africa Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (Thousand Unit)
Table 101. Africa Air Suspension Compressor Market, by Sales Channel, 2020–2030 ($Million)
Table 102. Africa Air Suspension Compressor Market, by Sales Channel, 2020–2030 (Thousand Unit)
Table 103. Arnott: Key Executive
Table 104. Arnott: Company Snapshot
Table 105. Arnott: Product Portfolio
Table 106. At Parts Germany: Key Executive
Table 107. At Parts Germany: Company Snapshot
Table 108. At Parts Germany: Product Portfolio
Table 109. Duralo: Company Snapshot
Table 110. Duralo: Product Portfolio
Table 111. Guangzhou Cys Auto Parts: Key Executive
Table 112. Guangzhou Cys Auto Parts: Company Snapshot
Table 113. Guangzhou Cys Auto Parts: Product Portfolio
Table 114. Guangzhou Tech Master Auto Parts: Key Executive
Table 115. Guangzhou Tech Master Auto Parts: Company Snapshot
Table 116. Guangzhou Tech Master Auto Parts: Product Portfolio
Table 117. Miessler Automotive: Key Executive
Table 118. Miessler Automotive: Company Snapshot
Table 119. Miessler Automotive: Product Portfolio
Table 120. Mopar: Key Executive
Table 121. Mopar: Company Snapshot
Table 122. Mopar: Product Portfolio
Table 123. Viair: Key Executive
Table 124. Viair: Company Snapshot
Table 125. Viair: Operating Segments
Table 126. Viair: Product Portfolio
Table 127. Zhejiang Bocheng: Key Executive
Table 128. Zhejiang Bocheng: Company Snapshot
Table 129. Zhejiang Bocheng: Operating Segments
Table 130. Zhejiang Bocheng: Product Portfolio
Table 131. Zf: Key Executive
Table 132. Zf: Company Snapshot
Table 133. Zf: Product Portfolio
List of Figures
Figure 01. Key Market Segments
Figure 02. Global Air Suspension Compressor Market Snapshot, 2021–2030
Figure 03. Top Investment Pockets
Figure 04. Top Winning Strategies, by Year, 2020–2021
Figure 05. Top Winning Strategies, by Development, 2020–2021 (%)
Figure 06. Top Winning Strategies, by Company, 2020–2021
Figure 07. Market Player Positioning, 2020
Figure 08. Low-To-Moderate Bargaining Power of Suppliers
Figure 09. Low-To-Moderate Bargaining Power of Buyers
Figure 10. Low-To-Moderate: Threat of Substitutes
Figure 11. Low-To-Moderate: Threat of New Entrants
Figure 12. Moderate-To-High Intensity of Rivalry
Figure 13. Air Suspension Compressor Market, by Vehicle Type, 2020–2030 (%)
Figure 14. Comparative Share Analysis of Air Suspension Compressor Market for Passenger Vehicle, by Country, 2020–2030 (%)
Figure 15. Comparative Share Analysis of Air Suspension Compressor Market for Commercial Vehicle, by Country, 2020–2030 (%)
Figure 16. Air Suspension Compressor Market, by Sales Channel, 2020–2030 (%)
Figure 17. Comaparative Share Analysis of Air Suspension Compressor Market for Original Equipment Manufacturers, by Country, 2020–2030 (%)
Figure 18. Comparative Share Analysis of Air Suspension Compressor Market for Aftersales, by Country, 2020–2030 (%)
Figure 19. Air Suspension Compressor Market, by Region, 2020–2030
Figure 20. U. S. Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 21. Canada Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 22. Mexico Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 23. Germany Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 24. France Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 25. Uk Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 26. Italy Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 27. Rest of Europe Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 28. China Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 29. India Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 30. Japan Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 31. South Korea Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 32. Rest of Asia-Pacific Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 33. Latin America Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 34. Middle East Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 35. Africa Air Suspension Compressor Market Revenue, 2020-2030 ($ Million)
Figure 36. Stellantis: R&D Expenditure, 2018–2020 ($ Million)
Figure 37. Stellantis: Revenue, 2018–2020 ($ Million)
Figure 38. Stellantis: Revenue Share by Segment, 2020 (%)
Figure 39. Stellantis: Revenue Share by Region, 2020 (%)
Figure 40. Zf: R&D Expenditure, 2018–2020 ($ Million)
Figure 41. Zf: Revenue, 2018–2020 ($ Million)
Figure 42. Zf: Revenue Share by Segment, 2020 (%)
Figure 43. Zf: Revenue Share by Region, 2020 (%)

Executive Summary

According to a new report titled, “Air Suspension Compressor Market by Vehicle Type and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global air suspension compressor market size was valued at $1,987.3 million in 2020, and is projected to reach $3,909.1 million by 2030, registering a CAGR of 6.9% from 2021 to 2030. By volume, the global air suspension compressor reached7,566 thousand in 2020, and is projected to reach 12,935 thousand by 2030, registering a CAGR of 5.4%. Asia-Pacific was the highest revenue contributor, accounting for $916.1 million in 2020, and is estimated to reach $1,974.1 million by 2030, with a CAGR of 7.9%.

The global air suspension compressor is expected to witness significant development, owing to factors such as increased manufacturing and sales of commercial & passenger vehicles and increased demand for premium & luxury cars. However, the market growth is likely to be hampered by high development of air suspension compressor systems and fluctuations in raw material prices. On the contrary, increased aftermarket demand for air suspension and related components as well as rise in demand for lightweight air suspension systems are anticipated to generate remunerative opportunities for the air suspension compressor market growth in the coming years.

Various air suspension components now function electrically as a result of increased vehicle production and the introduction of electric automobiles. For instance, China invested $60 billion to support the electric vehicle sector, and has formed an ambitious plan to convert all electric or hybrid cars by 2035. Furthermore, in January 2021, General Motors made $27 billion investment, which involves manufacturing of 30 new electric vehicles by 2025. As a result, suspension system manufacturers all around the world have developed electrically controlled components, which boost the system's efficiency.

Furthermore, key players in the air suspension compressor market are implementing various strategies such as partnership and acquisition to strengthen market position and expand their business. For instance, in May 2020, ZF Friedrichshafen AG acquired commercial vehicle technology supplier, WABCO. The merging of these two successful firms will offer a new dimension of innovation and competence to commercial vehicle system technologies such as air suspension compressor systems. Such strategic moves will expand the air suspension compressor market during the forecast period. However, numerous manufacturers in the global

halted their business production, owing to the implementation of lockdown in the countries such as China, the U.S., and India attributable to the outbreak of the pandemic. This disruption has a direct impact on the sales of air suspension compressor. However, it is expected that the reopening of production facilities and the introduction of coronavirus vaccines will lead to the reopening of air suspension compressor firms.

Some of the key players operating in the global air suspension compressor market include Arnott, AT Parts Germany, Duralo, Guangzhou CYS Auto Parts, Guangzhou Tech Master Auto Parts Co, Miessler Automotive GmbH & Co. KG, Mopar (Stellantis), VIAIR Corporation, Zhejiang Bocheng Automotive Technology Co. Ltd., and ZF Friedrichshafen AG.

Key Findings Of The Study


  • The report provides an extensive analysis of the current and emerging air suspension compressor market trends and dynamics
  • By vehicle type, the passenger vehicle segment has dominated the air suspension compressor, in terms of revenue in 2020 and is projected to grow at a CAGR of 71% during the forecast period
  • By sales channel, the OEM segment registered highest growth in the air suspension compressor market in 2020
  • The Asia-Pacific region is projected to register the highest growth rate in the coming years
  • The report provides an extensive analysis of the air suspension compressor trends and emerging opportunities of the market
In-depth air suspension compressor market analysis is conducted by constructing estimations for the key segments between 2021 and 2030.

Companies Mentioned

  • ARNOTT
  • PARTS GERMANY (AEROSUS)
  • DURALO
  • GUANGZHOU CYS AUTO PARTS CO., LTD.
  • GUANGZHOU TECH MASTER AUTO PARTS CO. LTD.
  • MIESSLER AUTOMOTIVE GMBH & CO. KG
  • MOPAR
  • VIAIR CORPORATION
  • ZEHIJANG BOCHENG AUTOMOTIVE TECHNOLOGY CO. LTD
  • ZF FRIEDRICHSHAFEN AG

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages237
PublishedFebruary 2022
Forecast Period2020 - 2030
Estimated Market Value ( USD ) in 2020 $ 1987.3 million
Forecasted Market Value ( USD ) by 2030 $ 3909.1 million
Compound Annual Growth Rate7.0%
Regions CoveredGlobal
No. of Companies Mentioned10

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