Data Bridge Market Research analyses that the Automotive Air Suspension Market was valued at USD 6.20 billion in 2021 and is expected to reach USD 9.96 billion by 2029, registering a CAGR of 6.10% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Air suspension system is mainly used in an automobile to replace conventional steel springs. This system has a wider use in heavy vehicles such as rolling stock, buses, trucks and many other heavy vehicles. The main purpose of the air suspension is to deliver constant and smooth ride quality to passengers and drivers. These factors have positively impacted the growth of the air suspension market.

This automotive air suspension market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive air suspension market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Automotive Air Suspension Market Scope and Market Size

Automotive air suspension market is segmented on the basis of vehicle type, technology and sales channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of vehicle type, the automotive air suspension market is segmented into passenger vehicles and commercial vehicles
• Based on technology, the automotive air suspension market is segmented into electronically controlled air suspension and manually controlled air suspension
• The automotive air suspension market is also segmented on the basis of sales channel into OEMs and aftermarket

Automotive Air Suspension Market Scope Country Level Analysis

Automotive air suspension market is analysed and market size, volume information is provided by country, vehicle type, technology and sales channel as referenced above.

The countries covered in the automotive air suspension market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Asia-Pacific dominates the automotive air suspension market due to increase in the disposable income, increased demand of air suspension system in commercial vehicles and growing automotive industry. North America is the expected region in terms of growth in automotive air suspension market due to increasing demand for premium cars and rising demand for premium cars.

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The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Automotive Air Suspension Market Share Analysis

Automotive air suspension market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive air suspension market.

The major players covered in automotive air suspension market report are Continental AG, thyssenkrupp AG, Hitachi, Ltd., WABCO, Firestone Industrial Products Company, LLC, Hendrickson USA, L.L.C., Mando Corp., BWI Group, SAF-HOLLAND S.A., ACCUAIR SUSPENSION, Vibracoustic, Dunlop Tires, VB-Airsuspension, Link, Universal Air, Liftmatic, STEMCO Products Inc., Arnott LLC, Shanghai Komman Vehicle Component Systems Stock Co., Ltd., Jamna Auto Industiries Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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