According to our (Global Info Research) latest study, the global Air Suspension Air Spring market size was valued at US$ 2794 million in 2024 and is forecast to a readjusted size of USD 4281 million by 2031 with a CAGR of 6.4% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
The air spring is one of the core components of the air suspension system. It is a device that uses the compression and expansion of gas to provide elastic support. Air springs are usually composed of one or more sealed air bags filled with compressed gas (usually nitrogen). When the vehicle is subjected to external loads, the gas in the air bag will be compressed, thereby generating a reaction force to provide the necessary support and shock absorption effect for the vehicle. By adjusting the air pressure in the air bag, the stiffness and height of the air spring can be changed, thereby achieving the adjustment of the vehicle body height and the optimization of suspension performance.
The market is constantly changing, and the following points are worth paying attention to:
With the rapid development of smart electric vehicles, air suspension has gradually become the mainstream configuration of high-end new energy vehicle platforms.
The rapid development of the new energy vehicle market has prompted air suspension to penetrate from the high-end market to the mid-end market.
In 2023, China's air suspension market power can be described as a strong rise. Chinese manufacturers occupy nearly 70% of the global market share, and future development deserves special attention.
With the increase in the number of vehicles, the scale effect is formed, and the technology is further improved, the price of air suspension has shown a downward trend.
In 2020, the construction of Continental's electronic suspension system in Changshu, China began, and it will be put into operation in 2021. In August 2022, the second phase expansion project will be launched. Continental's first phase project in Changshu, China produces and assembles air suspension modules and air supply systems, while the second phase project will add an annual output of 600,000 air springs and 100,000 air supply systems, and introduce production lines for key components such as airbags to comprehensively improve the overall production system of air springs. The second phase project is expected to be put into use in 2024.
Vibracoustic established a new plant in Chongqing, China in July 2023 with a total investment of 170 million euros. The new plant focuses on the production of comprehensive NVH products, including engine mounts, chassis bushings, isolators and dampers. In addition, Vibracoustic started air spring production at its Wuxi plant in China, which is the first time Vibracoustic has produced air springs in China.
This report is a detailed and comprehensive analysis for global Air Suspension Air Spring market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Air Suspension Air Spring market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Air Suspension Air Spring market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Air Suspension Air Spring market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Air Suspension Air Spring market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Air Suspension Air Spring
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Air Suspension Air Spring market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Continental, Vibracoustic, ZF, Firestone, Hendrickson, AMK (Zhongding Group), BILSTEIN, Shanghai Baolong, Ningbo Tuopu, Tianrun, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Air Suspension Air Spring market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Single Cavity
Multiple Cavity
Market segment by Application
New Energy Vehicle
Fuel Vehicle
Major players covered
Continental
Vibracoustic
ZF
Firestone
Hendrickson
AMK (Zhongding Group)
BILSTEIN
Shanghai Baolong
Ningbo Tuopu
Tianrun
KH Automotive Technologies
CRRC Qingdao Sifang
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Air Suspension Air Spring product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Air Suspension Air Spring, with price, sales quantity, revenue, and global market share of Air Suspension Air Spring from 2020 to 2025.
Chapter 3, the Air Suspension Air Spring competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Air Suspension Air Spring breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Air Suspension Air Spring market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Air Suspension Air Spring.
Chapter 14 and 15, to describe Air Suspension Air Spring sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Air Suspension Air Spring. Industry analysis & Market Report on Air Suspension Air Spring is a syndicated market report, published as Global Air Suspension Air Spring Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Air Suspension Air Spring market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.