Air Suspension Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

Air Suspension Market size is forecast to reach $8.6 billion by 2027, after growing at a CAGR of 3% during 2022-2028. Air suspension is a kind of vehicle suspension system based on a pneumatic mechanism. Air suspension consists of various components including compressor, spring, electronic sensor and shock absorber. The car’s air suspension provides better ride quality, quality and comfort compared to conventional suspensions. The growing demand for air suspension in automobiles is accelerating the growth of air suspension.

Company Profile

• Continental
• ThyssenKrupp AG
• Hitachi
• Wabco
• Firestone Industrial Products
• Hendrickson
• Mando Corporation
• BWI Group

Market Segmentation

By Vehicle Type

• Light Commercial Vehicles (LCV)
• Trucks
• Bus

By Component

• Air Spring
• Tank
• Solenoid Valve
• Shock Absorber
• Air Compressor

By Technology Type

• Electronic Controlled
• Non-Electronic Controlled

Scope of the Report

The research study analyzes the Air Suspension Marketindustry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Air Suspension Market Report

1. What was the Air Suspension Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Air Suspension Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Air Suspension Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.