According to our latest research, the global Air Suspension System and Components market size will reach USD million in 2031, growing at a CAGR of %over the analysis period.
The air suspension system uses air springs as elastic elements, and sends compressed air into the air chambers of springs and shock absorbers through air compressors, thereby changing the height and suspension hardness of the vehicle. The system can automatically compress or extend the springs according to signals from vehicle height sensors, acceleration sensors, etc., and the driving computer controls the air compressor and exhaust valve to adjust the vehicle height and suspension hardness.
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 System and Components market. Both quantitative and qualitative analyses are presented by company, 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 System and Components market size and forecasts, in consumption value ($ Million), 2020-2031
Global Air Suspension System and Components market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Air Suspension System and Components market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Air Suspension System and Components market shares of main players, in revenue ($ Million), 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 System and Components
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 System and Components market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Continental, Vibracoustic, ZF, Delphi, Firestone, Hendrickson, AMK (Zhongding Group), Hitachi, BILSTEIN, Tokiko, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Air Suspension System and Components 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. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Air Suspension System
Air Suspension System Components
Market segment by Application
New Energy Vehicle
Fuel Vehicle
Market segment by players, this report covers
Continental
Vibracoustic
ZF
Delphi
Firestone
Hendrickson
AMK (Zhongding Group)
Hitachi
BILSTEIN
Tokiko
Mando
Tenneco
Marelli
Mobis
Shanghai Baolong
Ningbo Tuopu
Tianrun
KEBODA TECHNOLOGY
KH Automotive Technologies
Shanghai Komman Vehicle Component Systems Co
CRRC Qingdao Sifang
GSP Automotive Group
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Air Suspension System and Components product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Air Suspension System and Components, with revenue, gross margin, and global market share of Air Suspension System and Components from 2020 to 2025.
Chapter 3, the Air Suspension System and Components competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Air Suspension System and Components market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Air Suspension System and Components.
Chapter 13, to describe Air Suspension System and Components research findings and conclusion.
Summary:
Get latest Market Research Reports on Air Suspension System and Components. Industry analysis & Market Report on Air Suspension System and Components is a syndicated market report, published as Global Air Suspension System and Components Market 2025 by Company, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Air Suspension System and Components market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.