Automotive Air Suspension Market is expected to grow at a CAGR of 3.4% throughout the forecast period, to reach US$ 56.04 Bn. by 2029.
Market Overview
Most comprehensive Automotive Air Suspension Market segmentation report published by an intelligence marketing and business consulting firm indicates the lucrative is expected in the Automotive Air Suspension market through the forecast period 2022-2029. The report gives brief description of Automotive Air Suspension market segments on global Automotive Air Suspension market and industry basis to its readers and is also profitable for the key players and new entrants of the market.
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Market Scope
The report consists of the in-depth analysis of the market trends with help the of the micro and macro variables in detail. The research includes the pinpoints of the market sizing and forecasts quipped with current environmental and other ongoing developments that would affect the Automotive Air Suspension market. For the competitive analysis the major factors of the Automotive Air Suspension market are analysed thoroughly to help clients gain an edge over their competitors. The analysis is conducted based on their position in the market and revenue generated, profit margins, marketing strategies and technological advancements and product differentiation. The customizable reports help manufacturers in making study of competitors and the new entrants and their strategies and tactics for market. The combination of primary and secondary data is used for qualitative and quantitative analysis of the Automotive Air Suspension market. Thus the report acts as a tool for a clear understanding of the Automotive Air Suspension market and its utilization.
Automotive Air Suspension Market Segmentation
The automobile air suspension system market is anticipated to develop more quickly in the electronic air suspension system category throughout the course of the forecast period, according to the technology segment. This is mostly due to the advantages that these systems provide, such as their better weight carrying capacity, improved driving comfort, numerous adjustment choices, and increased degree of safety.
The electronic control unit (ECU) is anticipated to account for the biggest market share of the automotive air suspension system market in terms of components throughout the forecast period, with %. Due to the shifting trend towards using electronically controlled systems, which improve the vehicle's performance.
In terms of market share, the European region dominated the global market in 2021 and is anticipated to maintain this dominance for the duration of the projected period. Because there are reputable OEMs like BMW AG, Daimler AG, Fiat, PSA/Peugeot-Citroen, and VW Group, and because more modern air suspension systems are being adopted in more vehicle categories on the European market.
Automotive Air Suspension Market
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Automotive Air Suspension Market Size, by Market Value (US$ Mn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies
Automotive Air Suspension Key Players
• Continental AG
• ThyssenKrupp AG
• WABCO
• Hendrickson USA, L.L.C.
• Dunlop Systems and components
• Hitachi, Ltd.
• ZF Friedrichshafen AG
• Magneti Marelli S.p.A
• Accuair Suspension
• Firestone Industrial Products
• Beijing West Industries Co., Ltd.
• Mando Corporation
• LORD Corporation
• Volvo
• Air Lift Company
• VB-Airsuspension
• Vibrocoustics
• EnPro Industries Inc.
• Knorr Bremse AG
Regional Analysis
The Automotive Air Suspension market was held by the Asia Pacific region in 2021 and is expected to grow at a significant rate over the forecast period. Regional growth is being led by the increasing populations in growing economies. The government initiatives also affect the in growth of the market regionally, it gives the manufacturers a lucrative opportunities to their production. With the help of the Automotive Air Suspension market report the new entrants of the market can understand the regional market and apply their new strategies for the industry.
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Key Questions answered in the Automotive Air Suspension Market Report are:
Key offerings:
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Mar 10, 2023