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Air Suspension Market by Vehicle Type (Light Duty Vehicle, Trucks, and Bus), Component (Air Spring, Tank, Solenoid Valve, Shock Absorber, Air Compressor, Electronic Control Unit (ECU), Height & Pressure Sensor, and Others), Technology Type (Electronic Controlled and Non-Electronic Controlled), and Sales Channel (Original Equipment Manufacturers (OEMs) and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2018–2026

AU_195586
Pages: 220
Oct 2019 | 494 Views
 
Author(s) : Abhay Singh , Supradip Baul
Tables: 123
Charts: 75
 

Air Suspension Market Outlook-2026

The global air suspension market size was valued at $5.94 billion in 2019, and is projected to reach $9.22 billion by 2026, registering a CAGR of 6.50%. Asia-Pacific was the highest revenue contributor, accounting for $19.56 billion in 2018, and is estimated to reach $33.52 billion by 2026, with a CAGR 6.9%. Asia-Pacific and North America collectively accounted for about 67.4% share in 2018, with the former constituting around 35.2% share. Asia-Pacific and Europe are expected to witness considerably higher CAGRs of 6.9% and 6.4%, respectively, during the forecast period. The cumulative share of these two segments was 55.4% in the global air suspension market in 2018, and is anticipated to reach 56.5% by 2026.

Air Suspension Market

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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.

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 Suspension Market
By Technology

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Electronic is projected as the most lucrative segments

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Factors such as rise in global commercial vehicle sales and increase in demand for premium and luxury vehicles drives the growth of market. However, factors such as high development and adoption cost of air suspension is supposed to hamper the market growth. Further, increase in demand for lightweight air suspension systems and rising aftermarket demand for air suspension and related components is expected to create numerous opportunities for the growth and expansion of the air suspension market.

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.

Air Suspension Market
By Component

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ECU is projected as the most lucrative segments

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Key players including Continental, ThyssenKrupp AG, Hitachi, Wabco, Firestone Industrial Products, Hendrickson, Mando Corporation, BWI Group, SAF-Holland, Accuair Suspension and others holds major air suspension market share.

Rise in Global Commercial Vehicle Sales

With the increase in automation followed by adoption of latest technologies in automobiles, the demand for vehicles equipped with latest components such as air suspension system has increased leading to the growth of the vehicle sales across the different regions. The introduction of better and advanced air suspension system in commercial vehicles has increased comfort level while driving as well as lowered the chances of damaging the cargo and reduction of driver fatigue during long journeys. These factors has increased demand for commercial vehicles sales thereby leading to the growth of air suspension market during the forecast period.

Air Suspension Market
By Application

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Truck is projected as the most lucrative segments

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Increase in Demand for Premium & Luxury Vehicles

Countries have implemented laws and regulations for vehicles to install advanced systems for comfort while driving, such as air suspension system, within a stipulated time period. Government across the globe has made mandatory rules and regulations to replace metal-based spring systems in vehicles with air suspension system keeping safety and security in mind. This has enabled vehicle manufacturers to install air suspension systems in vehicles eventually leading to the growth of the air suspension market.

Moreover, automobile manufactures need to obtain safety ratings from organizations such as the Insurance Institute of Highway Safety (IIHS), New Car Assessment Program (NCAP), and International Centre for Automotive Technology (ICAT) to access sales license of vehicles in the air suspension market. Thus, all these safety rules and regulations made by governments are anticipated for growth of the market in the coming years.

Air Suspension Market
By Sales Channel

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Aftermarket products is projected as the most lucrative segments

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High Development & Adoption Cost of Air Suspension

The high cost associated with installing suspension system in vehicles is expected to reduce the growth of the air suspension market as it increases the cost of a car. The prospect of providing premium features in vehicles incurs additional expenses to consumers in the form of hardware, applications, and telecom service charges, which eventually hampers the growth of the market. Moreover, service of vehicles is difficult and requires skilled workers due to several components and sensors in them. Complex structure of systems reduce the shelf life of vehicles. Thus, high initial cost and complex structure is expected to have a significant impact on the growth of the market.

Air Suspension Market
By Region

2026
Asia-Pacific 
North America
Europe
LAMEA

Asia PAcific region would exhibit the highest CAGR of 6.9% during 2019-2026.

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Increase in Demand for Lightweight Air Suspension System

With continuous upgradation in the automobile sector, the demand for vehicles equipped with the latest and advanced components has increased across the globe. This has also increased the demand for light weight vehicles present across the globe. Thus, to meet this criterion, vehicle manufacturers have preferred light weight suspension system over metal spring-based suspension systems. This adoption has led manufacturers to use light weight components for manufacturing suspension systems. Thus the increasing demand for lightweight air suspension system has led to the growth of market during the forecast period.

Key Benefits for Air Suspension Market:

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

Air Suspension Key Market Segments:

By Vehicle Type

  • Light Commercial Vehicles (LCV)
  • Trucks
  • Bus

By Component

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

By Technology Type

  • Electronic Controlled
  • Non-Electronic Controlled

By Sales Channel Type

  • Original Equipment Manufacturers (OEMs)
  • Aftermarket

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany 
    • France 
    • Italy 
    • UK 
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan 
    • India 
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil 
    • Turkey 
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Key Players

  • Continental
  • ThyssenKrupp AG
  • Hitachi
  • Wabco
  • Firestone Industrial Products
  • Hendrickson
  • Mando Corporation
  • BWI Group
  • SAF-Holland 
  • Accuair Suspension.
 

CHAPTER 1:    INTRODUCTION

1.1.    Report description
1.2.    Key benefits for stakeholders
1.3.    Key market segments
1.4.    Research methodology

1.4.1.    Primary research
1.4.2.    Secondary research
1.4.3.    Analyst tools and models

CHAPTER 2:    EXECUTIVE SUMMARY

2.1.    CXO perspective

CHAPTER 3:    MARKET OVERVIEW

3.1.    Market definition and scope
3.2.    Key findings

3.2.1.    Top impacting factors
3.2.2.    Top investment pockets
3.2.3.    Top winning strategies

3.3.    Porter’s five forces analysis
3.4.    Market Share Analysis (2018)
3.5.    Market dynamics

3.5.1.    Drivers

3.5.1.1.    Rising Global Commercial Vehicle Sales
3.5.1.2.    Increasing Demand for Premium and Luxury Vehicles

3.5.2.    Restraint

3.5.2.1.    High Development and Adoption Cost of Air Suspension

3.5.3.    Opportunities

3.5.3.1.    Increasing Demand for Lightweight Air Suspension System
3.5.3.2.    Rising Aftermarket Demand for Air Suspension & Related Components

CHAPTER 4:    AIR SUSPENSION MARKET, BY VEHICLE TYPE

4.1.    Overview
4.2.    Light Commercial Vehicle (LCV)

4.2.1.    Key market trends, growth factors and opportunities
4.2.2.    Market size and forecast, by region
4.2.3.    Market analysis by country

4.3.    Trucks

4.3.1.    Key market trends, growth factors, and opportunities
4.3.2.    Market size and forecast, by region
4.3.3.    Market analysis by country

4.4.    Bus

4.4.1.    Key market trends, growth factors, and opportunities
4.4.2.    Market size and forecast, by region
4.4.3.    Market analysis by country

CHAPTER 5:    AIR SUSPENSION MARKET, BY COMPONENT

5.1.    Overview
5.2.    Air Spring

5.2.1.    Key market trends, growth factors and opportunities
5.2.2.    Market size and forecast, by region
5.2.3.    Market analysis by country

5.3.    Tank

5.3.1.    Key market trends, growth factors, and opportunities
5.3.2.    Market size and forecast, by region
5.3.3.    Market analysis by country

5.4.    Solenoid Valve

5.4.1.    Key market trends, growth factors, and opportunities
5.4.2.    Market size and forecast, by region
5.4.3.    Market analysis by country

5.5.    Shock Absorber

5.5.1.    Key market trends, growth factors, and opportunities
5.5.2.    Market size and forecast, by region
5.5.3.    Market analysis by country

5.6.    Air Compressor

5.6.1.    Key market trends, growth factors, and opportunities
5.6.2.    Market size and forecast, by region
5.6.3.    Market analysis by country

5.7.    Electronic Control Unit (ECU)

5.7.1.    Key market trends, growth factors, and opportunities
5.7.2.    Market size and forecast, by region
5.7.3.    Market analysis by country

5.8.    Height & Pressure Sensor

5.8.1.    Key market trends, growth factors, and opportunities
5.8.2.    Market size and forecast, by region
5.8.3.    Market analysis by country

5.9.    Others

5.9.1.    Key market trends, growth factors, and opportunities
5.9.2.    Market size and forecast, by region
5.9.3.    Market analysis by country

CHAPTER 6:    AIR SUSPENSION MARKET, BY TECHNOLOGY

6.1.    Overview
6.2.    Electronic Controlled

6.2.1.    Key market trends, growth factors and opportunities
6.2.2.    Market size and forecast, by region
6.2.3.    Market analysis by country

6.3.    Non-electronic controlled

6.3.1.    Key market trends, growth factors, and opportunities
6.3.2.    Market size and forecast, by region
6.3.3.    Market analysis by country

CHAPTER 7:    AIR SUSPENSION MARKET, BY SALES CHANNEL

7.1.    Overview
7.2.    Original Equipment Manufacturers (OEMs)

7.2.1.    Key market trends, growth factors and opportunities
7.2.2.    Market size and forecast, by region
7.2.3.    Market analysis by country

7.3.    Aftermarket

7.3.1.    Key market trends, growth factors, and opportunities
7.3.2.    Market size and forecast, by region
7.3.3.    Market analysis by country

CHAPTER 8:    AIR SUSPENSION MARKET, BY REGION

8.1.    Overview
8.2.    North America

8.2.1.    Key market trends, growth factors, and opportunities
8.2.2.    Market size and forecast, by vehicle type
8.2.3.    Market size and forecast, by component
8.2.4.    Market size and forecast, by technology
8.2.5.    Market size and forecast, by sales channel
8.2.6.    Market analysis by country

8.2.6.1.    U.S.

8.2.6.1.1.    Market size and forecast, by vehicle type
8.2.6.1.2.    Market size and forecast, by component
8.2.6.1.3.    Market size and forecast, by technology
8.2.6.1.4.    Market size and forecast, by sales channel

8.2.6.2.    Canada

8.2.6.2.1.    Market size and forecast, by vehicle type
8.2.6.2.2.    Market size and forecast, by component
8.2.6.2.3.    Market size and forecast, by technology
8.2.6.2.4.    Market size and forecast, by sales channel

8.2.6.3.    Mexico

8.2.6.3.1.    Market size and forecast, by vehicle type
8.2.6.3.2.    Market size and forecast, by component
8.2.6.3.3.    Market size and forecast, by technology
8.2.6.3.4.    Market size and forecast, by sales channel

8.3.    EUROPE

8.3.1.    Key market trends, growth factors, and opportunities
8.3.2.    Market size and forecast, by vehicle type
8.3.3.    Market size and forecast, by component
8.3.4.    Market size and forecast, by technology
8.3.5.    Market size and forecast, by sales channel
8.3.6.    Market analysis by country

8.3.6.1.    Germany

8.3.6.1.1.    Market size and forecast, by vehicle type
8.3.6.1.2.    Market size and forecast, by component
8.3.6.1.3.    Market size and forecast, by technology
8.3.6.1.4.    Market size and forecast, by sales channel

8.3.6.2.    France

8.3.6.2.1.    Market size and forecast, by vehicle type
8.3.6.2.2.    Market size and forecast, by component
8.3.6.2.3.    Market size and forecast, by technology
8.3.6.2.4.    Market size and forecast, by sales channel

8.3.6.3.    Italy

8.3.6.3.1.    Market size and forecast, by vehicle type
8.3.6.3.2.    Market size and forecast, by component
8.3.6.3.3.    Market size and forecast, by technology
8.3.6.3.4.    Market size and forecast, by sales channel

8.3.6.4.    UK

8.3.6.4.1.    Market size and forecast, by vehicle type
8.3.6.4.2.    Market size and forecast, by component
8.3.6.4.3.    Market size and forecast, by technology
8.3.6.4.4.    Market size and forecast, by sales channel

8.3.6.5.    Rest of Europe

8.3.6.5.1.    Market size and forecast, by vehicle type
8.3.6.5.2.    Market size and forecast, by component
8.3.6.5.3.    Market size and forecast, by technology
8.3.6.5.4.    Market size and forecast, by sales channel

8.4.    Asia-Pacific

8.4.1.    Key market trends, growth factors, and opportunities
8.4.2.    Market size and forecast, by vehicle type
8.4.3.    Market size and forecast, by component
8.4.4.    Market size and forecast, by technology
8.4.5.    Market size and forecast, by sales channel
8.4.6.    Market analysis by country

8.4.6.1.    China

8.4.6.1.1.    Market size and forecast, by vehicle type
8.4.6.1.2.    Market size and forecast, by component
8.4.6.1.3.    Market size and forecast, by technology
8.4.6.1.4.    Market size and forecast, by sales channel

8.4.6.2.    Japan

8.4.6.2.1.    Market size and forecast, by vehicle type
8.4.6.2.2.    Market size and forecast, by component
8.4.6.2.3.    Market size and forecast, by technology
8.4.6.2.4.    Market size and forecast, by sales channel

8.4.6.3.    India

8.4.6.3.1.    Market size and forecast, by vehicle type
8.4.6.3.2.    Market size and forecast, by component
8.4.6.3.3.    Market size and forecast, by technology
8.4.6.3.4.    Market size and forecast, by sales channel

8.4.6.4.    South Korea

8.4.6.4.1.    Market size and forecast, by vehicle type
8.4.6.4.2.    Market size and forecast, by component
8.4.6.4.3.    Market size and forecast, by technology
8.4.6.4.4.    Market size and forecast, by sales channel

8.4.6.5.    Rest of Asia-Pacific

8.4.6.5.1.    Market size and forecast, by vehicle type
8.4.6.5.2.    Market size and forecast, by component
8.4.6.5.3.    Market size and forecast, by technology
8.4.6.5.4.    Market size and forecast, by sales channel

8.5.    LAMEA

8.5.1.    Key market trends, growth factors, and opportunities
8.5.2.    Market size and forecast, by vehicle type
8.5.3.    Market size and forecast, by component
8.5.4.    Market size and forecast, by technology
8.5.5.    Market size and forecast, by sales channel
8.5.6.    Market analysis by country

8.5.6.1.    Latin America

8.5.6.1.1.    Market size and forecast, by vehicle type
8.5.6.1.2.    Market size and forecast, by component
8.5.6.1.3.    Market size and forecast, by technology
8.5.6.1.4.    Market size and forecast, by sales channel

8.5.6.2.    Middle East

8.5.6.2.1.    Market size and forecast, by vehicle type
8.5.6.2.2.    Market size and forecast, by component
8.5.6.2.3.    Market size and forecast, by technology
8.5.6.2.4.    Market size and forecast, by sales channel

8.5.6.3.    Africa

8.5.6.3.1.    Market size and forecast, by vehicle type
8.5.6.3.2.    Market size and forecast, by component
8.5.6.3.3.    Market size and forecast, by technology
8.5.6.3.4.    Market size and forecast, by sales channel

CHAPTER 9:    COMPANY PROFILES

9.1.    CONTINENTAL AG.

9.1.1.    Company overview
9.1.2.    Company snapshot
9.1.3.    Operating business segments
9.1.4.    Product portfolio
9.1.5.    Business performance
9.1.6.    Key strategic moves and developments

9.2.    THYSSENKRUPP AG

9.2.1.    Company overview
9.2.2.    Company snapshot
9.2.3.    Operating business segments
9.2.4.    Business performance

9.3.    HITACHI LTD.

9.3.1.    Company overview
9.3.2.    Operating business segments
9.3.3.    Business performance

9.4.    WABCO

9.4.1.    Company overview
9.4.2.    Company snapshot
9.4.3.    Operating business segments
9.4.4.    Product portfolio
9.4.5.    Business performance
9.4.6.    Key strategic moves and developments

9.5.    Firestone Industrial Products (Subsidairy of Bridgestone)

9.5.1.    Company overview
9.5.2.    Company snapshot
9.5.3.    Operating business segments
9.5.4.    Product portfolio
9.5.5.    Business performance
9.5.6.    Key strategic moves and developments

9.6.    Hendrickson USA, L.L.C.

9.6.1.    Company overview
9.6.2.    Company snapshot
9.6.3.    Product portfolio
9.6.4.    Key strategic moves and developments

9.7.    MANDO CORPORATION

9.7.1.    Company overview
9.7.2.    Company snapshot
9.7.3.    Product portfolio
9.7.4.    Business performance

9.8.    BWI Group

9.8.1.    Company overview
9.8.2.    Company snapshot
9.8.3.    Product portfolio

9.9.    SAF-HOLLAND S.A.

9.9.1.    Company overview
9.9.2.    Company snapshot
9.9.3.    Operating business segments
9.9.4.    Product portfolio
9.9.5.    Business performance
9.9.6.    Key strategic moves and developments

9.10.    ACCUAIR SUSPENSION

9.10.1.    Company overview
9.10.2.    Company snapshot
9.10.3.    Operating business segments

LIST OF TABLES

TABLE 01.    GLOBAL AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 02.    AIR SUSPENSION MARKET REVENUE FOR LIGHT COMMERCIAL VEHICLES , BY REGION 2018–2026 ($MILLION)
TABLE 03.    AIR SUSPENSION MARKET REVENUE FOR TRUCKS, BY REGION 2018–2026 ($MILLION)
TABLE 04.    AIR SUSPENSION MARKET REVENUE FOR BUS, BY REGION 2018–2026 ($MILLION)
TABLE 05.    GLOBAL AIR SUSPENSION MARKET, BY COMPONENT, 2018-2026($MILLION)
TABLE 06.    AIR SUSPENSION MARKET REVENUE FOR AIR SPRING, BY REGION 2018-2026 ($MILLION)
TABLE 07.    AIR SUSPENSION MARKET REVENUE FOR TANK, BY REGION 2018-2026 ($MILLION)
TABLE 08.    AIR SUSPENSION MARKET REVENUE FOR SOLENOID VALVE, BY REGION 2018–2026 ($MILLION)
TABLE 09.    AIR SUSPENSION MARKET REVENUE FOR SHOCK ABSORBER, BY REGION 2018–2026 ($MILLION)
TABLE 10.    AIR SUSPENSION MARKET REVENUE FOR AIR COMPRESSOR, BY REGION 2018–2026 ($MILLION)
TABLE 11.    AIR SUSPENSION MARKET REVENUE FOR ELECTRONIC CONTROL UNIT (ECU), BY REGION 2018–2026  ($MILLION)
TABLE 12.    AIR SUSPENSION MARKET REVENUE FOR HEIGHT & PRESSURE SENSOR, BY REGION 2018–2026  ($MILLION)
TABLE 13.    AIR SUSPENSION MARKET REVENUE FOR OTHERS, BY REGION 2018–2026  ($MILLION)
TABLE 14.    GLOBAL AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018-2026($MILLION)
TABLE 15.    AIR SUSPENSION MARKET REVENUE FOR ELECTRONIC CONTROLLED, BY REGION 2018-2026 ($MILLION)
TABLE 16.    AIR SUSPENSION MARKET REVENUE FOR NON-ELECTRONIC CONTROLLED, BY REGION 2018-2026 ($MILLION)
TABLE 17.    GLOBAL AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 18.    AIR SUSPENSION MARKET REVENUE FOR ORIGINAL EQUIPMENT MANUFACTURERS, BY REGION 2018–2026 ($MILLION)
TABLE 19.    AIR SUSPENSION MARKET REVENUE FOR AFTERMARKET, BY REGION 2018–2026 ($MILLION)
TABLE 20.    NORTH AMERICAN AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 21.    NORTH AMERICAN AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 22.    NORTH AMERICAN AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 23.    NORTH AMERICAN AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 24.    U.S. AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 25.    U.S. AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 26.    U.S. AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 27.    U.S. AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 28.    CANADA AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 29.    CANADA AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 30.    CANADA AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 31.    CANADA AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 32.    MEXICO AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 33.    MEXICO AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 34.    MEXICO AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 35.    MEXICO AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 36.    EUROPE AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 37.    EUROPE AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 38.    EUROPE AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 39.    EUROPE AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 40.    GERMANY AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 41.    GERMANY AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 42.    GERMANY. AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 43.    GERMANY AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 44.    FRANCE AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 45.    FRANCE AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 46.    FRANCE AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 47.    FRANCE AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 48.    ITALY AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 49.    ITALY AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 50.    ITALY AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 51.    ITALY AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 52.    UK AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 53.    UK AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 54.    UK AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 55.    UK AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 56.    REST OF EUROPE AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 57.    REST OF EUROPE AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 58.    REST OF EUROPE AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 59.    REST OF EUROPE AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 60.    ASIA-PACIFIC AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 61.    ASIA-PACIFIC AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 62.    ASIA-PACIFIC AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 63.    ASIA-PACIFIC AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 64.    CHINA AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 65.    CHINA. AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 66.    CHINA AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 67.    CHINA AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 68.    JAPAN AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 69.    JAPAN AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 70.    JAPAN AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 71.    JAPAN AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 72.    INDIA AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 73.    INDIA AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 74.    INDIA AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 75.    INDIA AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 76.    SOUTH KOREA AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 77.    SOUTH KOREA AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 78.    SOUTH KOREA AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 79.    SOUTH KOREA AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 80.    REST OF ASIA-PACIFIC AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 81.    REST OF ASIA-PACIFIC AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 82.    REST OF ASIA-PACIFIC AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 83.    REST OF ASIA-PACIFIC AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 84.    LAMEA AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 85.    LAMEA AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 86.    LAMEA AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 87.    LAMEA AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 88.    LATIN AMERICA AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 89.    LATIN AMERICA AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 90.    LATIN AMERICA AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 91.    LATIN AMERICA AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 92.    MIDDLE EAST AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 93.    MIDDLE EAST AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 94.    MIDDLE EAST AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 95.    MIDDLE EAST AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 96.    AFRICA AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 ($MILLION)
TABLE 97.    AFRICA AIR SUSPENSION MARKET, BY COMPONENT, 2018–2026 ($MILLION)
TABLE 98.    AFRICA AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018–2026 ($MILLION)
TABLE 99.    AFRICA AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 ($MILLION)
TABLE 100.    CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 101.    CONTINENTAL AG: OPERATING SEGMENTS
TABLE 102.    CONTINENTALAG: PRODUCT PORTFOLIO
TABLE 103.    THYSSENKRUPP AG: COMPANY SNAPSHOT
TABLE 104.    THYSSENKRUPP AG: OPERATING SEGMENTS
TABLE 105.    HITACHI LTD.: COMPANY SNAPSHOT
TABLE 106.    HITACHI LTD.: OPERATING SEGMENTS
TABLE 107.    WABCO: SNAPSHOT
TABLE 108.    WABCO: OPERATING SEGMENTS
TABLE 109.    CONTINENTALAG: PRODUCT PORTFOLIO
TABLE 110.    BRIDGESTONE: SNAPSHOT
TABLE 111.    BRIDGESTONE: OPERATING SEGMENTS
TABLE 112.    FIRESTONE INDUSTRIAL PRODUCTS: PRODUCT PORTFOLIO
TABLE 113.    HENDRICKSON USA, L.L.C.: SNAPSHOT
TABLE 114.    HENDRICKSON USA, L.L.C.: PRODUCT PORTFOLIO
TABLE 115.    MANDO CORPORATION: COMPANY SNAPSHOT
TABLE 116.    MANDO CORPORATION: PRODUCT PORTFOLIO
TABLE 117.    BWI GROUP: COMPANY SNAPSHOT
TABLE 118.    BWI GROUP: PRODUCT PORTFOLIO
TABLE 119.    SAF-HOLLAND S.A.: COMPANY SNAPSHOT
TABLE 120.    SAF-HOLLAND S.A.: OPERATING SEGMENTS
TABLE 121.    SAF-HOLLAND S.A.: PRODUCT PORTFOLIO
TABLE 122.    ACCUAIR SUSPENSION: COMPANY SNAPSHOT
TABLE 123.    ACCUAIR SUSPENSION: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 01.    KEY MARKET SEGMENTS
FIGURE 02.    EXECUTIVE SUMMARY
FIGURE 03.    EXECUTIVE SUMMARY
FIGURE 04.    TOP IMPACTING FACTORS
FIGURE 05.    TOP INVESTMENT POCKETS
FIGURE 06.    TOP WINNING STRATEGIES, BY YEAR, 2016–2019*
FIGURE 07.    TOP WINNING STRATEGIES, BY YEAR, 2016–2019*
FIGURE 08.    TOP WINNING STRATEGIES, BY COMPANY, 2016–2019*
FIGURE 09.    MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.    MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11.    MODERATE THREAT OF SUBSTITUTES
FIGURE 12.    HIGH-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13.    MODERATE BARGAINING POWER OF BUYERS
FIGURE 14.    MARKET SHARE ANALYSIS (2018)
FIGURE 15.    GLOBAL AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2018–2026 (%)
FIGURE 16.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR LIGHT COMMERCIAL VEHICLES, BY COUNTRY, 2018 & 2026 (%)
FIGURE 17.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR TRUCKS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 18.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR BUS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 19.    GLOBAL AIR SUSPENSION MARKET, BY COMPONENT, 2018 & 2026 (%)
FIGURE 20.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR AIR SPRING BY COUNTRY, 2018 & 2026 (%)
FIGURE 21.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR TANK, BY COUNTRY, 2018 & 2026 (%)
FIGURE 22.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR SOLENOID VALVE, BY COUNTRY, 2018 & 2026 (%)
FIGURE 23.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR SHOCK ABSORBER, BY COUNTRY, 2018 & 2026 (%)
FIGURE 24.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR AIR COMPRESSOR, BY COUNTRY, 2018 & 2026 (%)
FIGURE 25.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR ELECTRONIC CONTROL UNIT (ECU), BY COUNTRY, 2018 & 2026 (%)
FIGURE 26.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR HEIGHT & PRESSURE SENSOR, BY COUNTRY, 2018 & 2026 (%)
FIGURE 27.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR OTHERS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 28.    GLOBAL AIR SUSPENSION MARKET, BY TECHNOLOGY, 2018 & 2026 (%)
FIGURE 29.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR ELECTRONIC CONTROLLED, BY COUNTRY, 2018 & 2026 (%)
FIGURE 30.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR NON-ELECTRONIC CONTROLLED, BY COUNTRY, 2018 & 2026 (%)
FIGURE 31.    GLOBAL AIR SUSPENSION MARKET, BY SALES CHANNEL, 2018–2026 (%)
FIGURE 32.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR ORIGINAL EQUIPMENT MANUFACTURERS, BY COUNTRY, 2018 & 2026 (%)
FIGURE 33.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET FOR AFTERMARKET, BY COUNTRY, 2018 & 2026 (%)
FIGURE 34.    AIR SUSPENSION MARKET, BY REGION, 2018-2026 (%)
FIGURE 35.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 36.    U.S. AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 37.    CANADA AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 38.    MEXICO AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 39.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 40.    GERMANY AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 41.    FRANCE AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 42.    ITALY AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 43.    UK AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 44.    REST OF EUROPE AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 45.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 46.    CHINA AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 47.    JAPAN AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 48.    INDIA AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 49.    SOUTH KOREA AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 50.    REST OF ASIA-PACIFIC AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 51.    COMPARATIVE SHARE ANALYSIS OF AIR SUSPENSION MARKET, BY COUNTRY, 2018–2026 (%)
FIGURE 52.    LATIN AMERICA AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 53.    MIDDLE EAST AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 54.    AFRICA AIR SUSPENSION MARKET, 2018–2026 ($MILLION)
FIGURE 55.    CONTINENTAL AG: NET SALES, 2016-2018 ($MILLION)
FIGURE 56.    CONTINENTAL AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 57.    CONTINENTAL AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 58.    THYSSENKRUPP AG: REVENUE, 2016–2018 ($MILLION)
FIGURE 59.    THYSSENKRUPP AG: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 60.    THYSSENKRUPP AG: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 61.    HITACHI LTD: NET SALES,2015-2017 ($MILLION)
FIGURE 62.    HITACHI LTD: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 63.    HITACHI LTD: REVENUE SHARE BY REGION, 2017 (%)
FIGURE 64.    WABCO: REVENUE, 2016–2018 ($MILLION)
FIGURE 65.    WABCO: REVENUE, BY BUSINESS SEGMENT, 2018 (%)
FIGURE 66.    WABCO: REVENUE, BY REGION, 2018 (%)
FIGURE 67.    BRIDGESTONE: REVENUE, 2016–2018 ($MILLION)
FIGURE 68.    BRIDGESTONE: REVENUE, BY BUSINESS SEGMENT, 2018 (%)
FIGURE 69.    BRIDGESTONE: REVENUE, BY REGION, 2018 (%)
FIGURE 70.    MANDO CORPORATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 71.    MANDO CORPORATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 72.    MANDO CORPORATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 73.    SAF-HOLLAND S.A.: REVENUE, 2016–2018 ($MILLION)
FIGURE 74.    SAF-HOLLAND S.A.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 75.    SAF-HOLLAND S.A.: REVENUE SHARE BY REGION, 2018 (%)

 
 

In a vehicle, air suspension is used to provide better suspension and at the same time to increase the comfort level of a vehicle. The air suspension system present in vehicles 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 system, which is usually made from textile-reinforced rubber. Air suspension system is used in a vehicle in replacement of 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 driver and passengers, which has positively impacted the growth of the air suspension market across the globe. With the increased production of vehicles across the globe followed by rise in demand for light weight vehicles has boosted the demand for better and effective suspension systems. This has led vehicle manufacturers across the globe to adopt the air suspension system in vehicles, thereby leading to the growth of the market.

Factors such as rise in global commercial vehicle sales and increase in demand for premium and luxury vehicles drive the growth of the air suspension market. However, factors such as high development and adoption cost of air suspension systems hampers the growth of the market. Further, increase in demand for lightweight air suspension system and rise in the aftermarket demand for air suspension and related components is expected to create numerous opportunities for the growth and expansion of the air suspension market.

Among the analyzed regions, Asia-Pacific is the highest revenue contributor and is expected to maintain the lead during the forecast period, followed by North America, Europe, and LAMEA.

 

 

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A. The global air suspension market was valued at $5.6 billion in 2018, and is projected to reach $9.2 billion by 2026, registering a CAGR of 6.5%.

A. The forecast period in the Rolling Stock Market would be 2026

A. The market value of Air suspension market in 2019 is estimated to be $ 5,938.10 million

A. The base year calculated in the Air suspension market report is 2018

A. The companies are selected based on the product offerings, organic and inorganic strategies adopted and Georgraphic footprint. Additional, the company tie ups with key OEMs and revenue generated are the key pointers for selection.

A. The major companies holding the major share includes Continental, ThyssenKrupp AG, Hitachi, Wabco, Firestone Industrial Products, Hendrickson, Mando Corporation, BWI Group, SAF-Holland, and Accuair Suspension

A. In terms of vehicle Type trucks is estimated to be a matured market growing at a CAGR of 6.50% during the forecast period.

A. In terms of component compressor is estimated to be a most influencing segment growing at a CAGR of 7.40% during the forecast period.

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