Global Automotive Air Suspension Market 2021 is expected to register a CAGR of Growing rate%, during forecast period with Impact of Covid 19 Analysis

Automotive

Global “Automotive Air Suspension Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Automotive Air Suspension in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Automotive Air Suspension Market report categorizes the market based on manufacturers, regions, type, and application. Automotive Air Suspension Market reports offer a detailed assessment of the Automotive Air Suspension including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Automotive Air Suspension market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The suspension system of a car has two primary purposes, which is, to maintain contact between the wheel and the tarmac (to maintain traction) and to prohibit road shocks and undulations from reaching the passenger cabin. Over the years’ suspension systems have evolved from leaf to coil-overs to the now trending fad of air suspension systems. Initially, their use was limited to commercial vehicles, luxury cars, and buses. This statement can be verified by the fact that almost all major bus manufacturers such as Volvo, Scania, Daimler, etc. use air suspensions in most of their buses.

Earlier control of air suspension system was done manually by switches at the helm of the driver, but the trend has been shifting towards electronically controlled air suspension systems (ECAS). Though manually controlled systems hold larger share, their electronic counterparts are growing at a faster rate. Wabco (formerly Meritor Wabco), one of the leading suppliers of electronically controlled suspension systems has witnessed a 30 percent rise in sales of OptiRide their ECAS system in China alone. This trend is bound to continue due to the rising adoption rate of air suspension systems in heavy-duty and commercial vehicles.

Market Dynamics

Air suspension systems also have high demand in the aftermarket as air ride kits, which many street riders deploy for ride adjustability, ride height change, etc. They are also used in track racing for the controllability and tunability. Although air suspension adoption rate is increasing in buses and commercial vehicles, passenger vehicles still do not deploy them because of their high-cost setup and increased expertise required for their service and maintenance. Some of the major issues with air suspensions include leaky bellows and electrical problems (with sensors, solenoids, control unit, relay). Future opportunities that manufacturers of ECAS can look at is the integration of different systems, such as, electronic stability program (ESP), Electronic stability control (ESC), etc. in the form of smart suspension systems.

Geographical Analysis

Regarding market share, North America leads in the geographical segment because of high presence of luxury and commercial vehicles. It is followed by Europe and then APAC, APAC though being the largest market for vehicle sales is not on par because of the presence of economically weaker countries in the region. Dependent markets, such as rubber molded components market is also poised to experience a healthy growth owing to the demand for air suspension systems.

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The global Automotive Air Suspension market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Automotive Air Suspension Market Report covers the Top Key-players in 2021:-

  • Airlift Company
  • Dunlop Systems and Components
  • Vibracoustic
  • Wabco
  • Stemco
  • Continental
  • Arnott
  • Hendrickson International
  • Mando Corporation
  • Suncore Industries
  • Bwi Group
  • Wheels India

Highlighted points of Automotive Air Suspension Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Automotive Air Suspension Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Automotive Air Suspension? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Automotive Air Suspension Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Automotive Air Suspension Market? What Was Capacity, Production Value, Cost and PROFIT of Automotive Air Suspension Market?
  • What Is Current Market Status of Automotive Air Suspension Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Automotive Air Suspension Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Automotive Air Suspension Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Automotive Air Suspension Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Automotive Air Suspension Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Automotive Air Suspension Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Automotive Air Suspension Industry?

Key Developments in the Automotive Air Suspension Market:

  • March 2018: Porsche Mission E Cross Turismo headed for production and it will be equipped with toughened fender liners and an air suspension system which raises the ride height by around 2 inches gives the show enhanced soft-road credibility
  • August 2017: Tesla’s new vehicle, Model 3 is expected to be equipped with a smart air suspension. This smart air suspension is linked to the dual motor configuration of Model 3
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    Reasons to Purchase this Report

  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • Detailed analysis on the product type that is expected to dominate the market
  • Detailed analysis on the regions that are expected to witness fastest growth during the forecast period
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in excel)

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    Finally, the report Global Automotive Air Suspension Market 2021 describes the Automotive Air Suspension industry expansion game plan, the Automotive Air Suspension industry knowledge supply, appendix, analysis findings, and the conclusion.

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