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Automotive Air Suspension Systems Market, Global Outlook and Forecast 2023-2029

Automotive Air Suspension Systems Market, Global Outlook and Forecast 2023-2029

  • Published on : 27 March 2023
  • Pages :63
  • Report Code:SMR-7616563

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Report overview

Air suspension is powered by electric-driven air pump or through compressor. The compressor pumps the air in the air bag system, also called bellows that is usually made of textile-reinforced rubber.
This report aims to provide a comprehensive presentation of the global market for Automotive Air Suspension Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Air Suspension Systems. This report contains market size and forecasts of Automotive Air Suspension Systems in global, including the following market information:
Global Automotive Air Suspension Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Automotive Air Suspension Systems market was valued at US$ 3768.8 million in 2022 and is projected to reach US$ 6008.7 million by 2029, at a CAGR of 6.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
SAF-Holland was the global greatest company in Automotive Air Suspension Systems industry, with the revenue market Share of 20% , followed by Continental, Hendrickson, Meritor, VDL Weweler, ZF, CVMC, Komman, Wheels India.Europe is the largest Automotive Air Suspension Systems market with about 37% market share. North America is follower, accounting for about 28% market share.
We surveyed the Automotive Air Suspension Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Air Suspension Systems Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive Air Suspension Systems Market Segment Percentages, by Type, 2022 (%)
Manual Air Suspension
Electronic Air Suspension
Global Automotive Air Suspension Systems Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive Air Suspension Systems Market Segment Percentages, by Application, 2022 (%)
Commercial Vehicle
Passenger Vehicle
Global Automotive Air Suspension Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive Air Suspension Systems Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Air Suspension Systems revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive Air Suspension Systems revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
SAF-Holland
Continental
Hendrickson
Meritor
VDL Weweler
ZF
CVMC
Komman
Wheels India
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Air Suspension Systems, market overview.
Chapter 2: Global Automotive Air Suspension Systems market size in revenue.
Chapter 3: Detailed analysis of Automotive Air Suspension Systems company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Air Suspension Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.