What is Air Suspension Market?
Air suspension, a vehicle suspension type is powered by an electric or compressor or engine-driven air pump. The compressor drives the air into a flexible bellows, typically made from textile-reinforced rubber. The air pressure expands the bellows, & raises the chassis from the axle. Air suspension is used to provide a smooth as well as improved ride comfort & quality. The vehicle suspension driven by the compressor or by engine-driven air pump is called the air suspension. It is used in case of the conventional steel springs in the passenger cars as well as in huge & heavy vehicles including buses and trucks. The key purpose of air suspension is to offer a smooth and constant ride quality. Sometimes, it is also used for sports suspension. Growing demand for luxury buses, as well as rising demand for luxury & comfort are likely to drive growth of the global air suspension market.
The market study is being classified and major geographies with country level break-up.
Continental AG (Germany), ThyssenKrupp AG (Germany), Wabco Holding Inc. (Belgium), Hendrickson International Corporation (United States), Dunlop Systems and Components (United Kingdom), Hitachi Ltd. (Japan), Firestone Industrial Products Company, LLC (United States), ACCUAIR SUSPENSION (United States), BWI Group (China) and SigGear Antriebssysteme GmbH (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are HEMSCHEIDT chassis technology GmbH & Co. KG (Germany), Mando Corporation (South Korea) and ZIMMER GROUP (Germany). Research Analyst at AMA predicts that German and United States Vendors will contribute to the maximum growth of Global Air Suspension market throughout the predicted period.
Segment AnalysisAnalyst at AMA have segmented the market study of Global Air Suspension market by Type, Application and Region.
On the basis of geography, the market of Air Suspension has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand for Luxury Buses
- Rising Demand for Luxury & Comfort
- Growing Development & Adoption Cost of Advanced Suspension Systems
- Regenerative Air Dryer in Electronically Controlled Air Suspension System
- Growing Demand for Lightweight Air Suspension Systems
- Keeping a Balance between the Cost & Quality of Advanced Technology
Key Target AudienceAir Suspension Systems Manufacturers, Raw Material Suppliers to Air Suspension Component Manufacturers, Traders, Distributors, and Suppliers of Air Suspension Components, Automobile Industry as End User and Government, Research Institutes, and Industry Associations
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