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New Study: Global Air Suspension Market Demand, Revenue, Trends, Review and Analysis For 2018

Air suspension is a type of suspension system used in vehicles to provide comfort to drivers while driving. The air suspension system present in vehicle is powered by an electric or engine-driven air pump or compressor. These pumps or compressors attached to the suspension system allows air to flow into the suspension system, which is usually made from textile-reinforced rubber. Air suspension system is used in a vehicle as a replacement for conventional steel springs and have a wider application in heavy vehicles such as buses, trucks, rolling stock, and various heavy vehicles. The main purpose of air suspension is to provide a smooth and constant ride quality to drivers and passengers. These factors have positively impacted the air suspension market growth.

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Top Market Players: Continental, ThyssenKrupp AG, Hitachi, Wabco, Firestone Industrial Products, Hendrickson, Mando Corporation, BWI Group, SAF-Holland and Accuair Suspension.

A good quality ride provides comfort to passengers, minimizes damage to cargo, and reduces driver fatigue on long journeys. Suspension is responsible for quality of rides and control on car handling, as cars with firm suspension could result in greater control of body movements and quicker reactions. Ambulances have a special need for a high level of ride quality, to avoid further injury to the already ill passengers. Such factors have boosted the demand for higher driving comfort, which eventually influences the air suspension market.

Air suspensions are anticipated to witness significant growth over the years, owing to rise in awareness among consumers about vehicle safety and comfort while driving.

The air suspension market is segmented on the basis of vehicle type, component, technology, sales channel, and region. By vehicle type, it is categorized into light duty vehicles, trucks, and buses. By components, it is categorized into air spring, tank, solenoid valve, shock absorber, air compressor, Electronic Control Unit (ECU) and height & pressure sensor. By technology, it is categorized into electronically controlled and non-electronically controlled technologies. By sales channel, it is categorized into original equipment manufacturers (OEMs) and aftermarket channels. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

  • This study presents analytical depiction of the global air suspension market along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2018 to 2026 to highlight the financial competency of the market.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers.

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KEY MARKET SEGMENTS

By Vehicle Type

  • Light Commercial Vehicles
  • Trucks
  • Bus

By Component

  • Air Spring
  • Tank
  • Solenoid Valve
  • Shock Absorber
  • Air Compressor
  • Electronic Control Unit (ECU)
  • Height & Pressure Sensor
  • Others

By Technology Type

  • Electric Controlled
  • Non-Electric Controlled 

By Sales Channel Type

  • Original Equipment Manufacturers (OEMs)
  • Aftermarket

Table of Contents

Chapter 1: introduction

Chapter 2: executive summary

Chapter 3: market overview

Chapter 4: Air Suspension market, by component

Chapter 5: Air Suspension market, by type of Air Suspension

Chapter 6: Air Suspension market, by function

Chapter 7: Air Suspension market, by end user

Chapter 8: Air Suspension market, by region

Chapter 9: company profiles

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Jena Davydova

Chief editor of review team at The Innovative Reports and Market Research Analyst, Jena is an expert in the area of B2B and SaaS related products. She has worked for several B2B startups in the past and gathered a lot of first hand knowledge about the industry during that time.

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