한글목차

세계 에어 서스펜션 시장의 미래는 소형 상용차, 트럭, 버스 시장에서 기회가 있을 것으로 보입니다. 세계 에어 서스펜션 시장은 2025년부터 2031년까지 4.0%의 CAGR로 2031년까지 약 72억 달러에 달할 것으로 예상됩니다. 이 시장의 주요 촉진요인은 고급 및 프리미엄 차량에 대한 이 시스템의 채택이 확대되고 있으며, 자동차의 편안함과 안전에 대한 인식이 높아지고 있다는 점입니다.

• Lucintel의 예측에 따르면, 기술별로는 전자 제어식이 예측 기간 동안 가장 높은 성장세를 보일 것으로 예상됩니다.
• 지역별로는 아시아태평양이 고급차 수요 증가로 인해 예측 기간 동안 가장 높은 성장을 보일 것으로 예상됩니다.

에어 서스펜션 시장의 전략적 성장 기회

에어 서스펜션 시장은 빠르게 변화하고 있으며, 다양한 응용 분야에서 새로운 기회를 창출하고 있습니다. 에어 서스펜션 시스템은 자동차의 성능, 편안함, 효율성을 향상시키고자 하는 자동차 제조업체의 요구를 활용하면서 다양한 자동차 분야에서 견인력을 얻고 있습니다. 전기자동차와 자율주행차의 인기 상승, 고급차 및 상용차의 성장과 함께 에어 서스펜션 기술의 확대는 에어 서스펜션 기술의 확장을 촉진하고 있습니다.

• 전기자동차(EV) : 전기자동차의 보급이 증가함에 따라 에어 서스펜션 시스템 시장은 유망한 성장 전망을 가지고 있습니다. 전기자동차 기술자들이 승차감을 최적화하고 에너지 효율을 높이기 위해 에어 서스펜션 시스템을 전기 드라이브 트레인에 통합하는 사례가 증가하고 있습니다. 에어 서스펜션 시스템은 미래 전기자동차의 특정 중량 및 성능 속성을 관리하는 데 필요한 유연성과 제어력을 제공합니다. 따라서 EV에 에어 서스펜션을 장착하면 승차감을 개선하고 차량 효율과 주행거리를 향상시킬 수 있습니다.
• 고급차 및 고성능 차량 : 고급차 및 고성능 차량의 수요와 판매 증가는 차세대 에어 서스펜션 시스템의 탑재를 촉진하고 있습니다. 이러한 차량에는 최상의 승차감, 핸들링 능력, 다양한 주행 조건에 대한 조정 능력을 제공하는 서스펜션 시스템이 요구됩니다. 이러한 요구사항은 고급차량의 주행 성능을 향상시키는 에어 서스펜션 시스템과 잘 부합합니다. 그 결과, 소비자들은 고급차 부문의 편안함과 성능에 더 많은 관심을 가지게 되었고, 에어 서스펜션 제조업체들은 새로운 시장에 진입할 수 있게 되었습니다. 이는 더 나은 맞춤형 서스펜션 시스템 생산에 활력을 불어넣을 수 있을 것으로 보입니다.
• 상용차 : 승차감과 하중 관리를 개선하기 위해 트럭, 버스 및 기타 상용차에 에어 서스펜션 시스템을 사용하는 추세가 증가하고 있습니다. 이러한 시스템은 트럭이나 버스를 안정시키고, 구조적 손상을 방지하고, 연료 소비를 줄이기 때문에 차량이 무거운 짐을 운반할 때 특히 유용합니다. 에어 서스펜션 기술은 상용차의 편안함과 안전성을 향상시키려는 노력이 증가함에 따라 이 부문에서 점점 더 많이 채택되고 있습니다. 전기자동차 및 자율주행 상용차의 출현으로 에어 서스펜션 시스템의 적용 범위가 더욱 확대되고 있습니다.
• 자율주행차 : 자율주행차(AV)에서 에어 서스펜션 시스템의 필요성은 에어 서스펜션 기술의 새로운 개념을 상징합니다. 차량의 움직임은 운전자의 부재를 보완하기 위해 고도의 서스펜션 시스템이 필요하기 때문에 에어 서스펜션 시스템의 사용이 증가할 것으로 예상됩니다. 이러한 시스템은 예상되는 노면 매개변수 및 차량 하중의 변화에 실시간으로 적응할 수 있기 때문에 자율주행에 필수적입니다. 제조업체들이 차량 효율성과 안전성을 높이기 위해 노력하는 가운데, AV의 성장은 에어 서스펜션 시스템 개발을 촉진할 것으로 예상됩니다.

에어 서스펜션의 전략적 성장 기회의 개요는 현재 진행 중인 자동차 산업의 재편과 잘 맞아떨어집니다. 전기자동차, 고급차, 상용차, 자율주행차의 등장은 적절한 에어 서스펜션 시스템에 큰 기회를 가져다 줄 것이며, 성장하는 애프터마켓 분야는 충분한 성장 여지를 가지고 있습니다.

에어 서스펜션 시장 촉진요인 및 과제

에어 서스펜션 시장의 성장과 개척에는 다양한 도전과 촉진요인이 영향을 미칩니다. 기술 발전, 경제 요인, 인구통계학적 변화가 시장 성장을 촉진하는 주요 요인인 반면, 비용, 복잡성, 시장 경쟁과 같은 과제는 제조업체에게 장애물이 될 수 있습니다. 이러한 시장 촉진요인과 과제는 에어 서스펜션 시장의 기회를 활용하고자 하는 이해관계자들에게 매우 중요합니다.

에어 서스펜션 시장을 이끄는 요인은 다음과 같습니다:

• 신기술의 등장 : 신기술의 등장 : 기존 자동차 기술에 대한 과거의 불만으로 인해 에어 서스펜션 솔루션을 채택하려는 의지가 계속 나타나고 있습니다. 에어 서스펜션 시스템을 개선한 세미 액티브 서스펜션 기술, 어댑티브 서스펜션 기술 등의 개발이 시장 개척을 촉진하고 있습니다. 이러한 경쟁 상황에서 새로운 시장 부문으로의 진입은 특히 새로운 솔루션이 도입될수록 그 중요성이 더욱 커질 것으로 보입니다.
• 편안함과 안전성 향상에 대한 수요 : 자동차의 편안함과 안전에 대한 전 세계적인 수요 증가는 에어 서스펜션 시장 개척의 주요 요인으로 작용하고 있습니다. 부드러운 승차감과 안정성을 원하는 소비자들이 첨단 서스펜션 시스템의 채택을 촉진하고 있습니다. 에어 서스펜션 시스템은 노면 상태와 차량 하중의 변화에 적응하여 편안함을 제공하기 때문에 고급차나 고성능 상용차에 인기가 있습니다. 또한, 특히 자율주행차나 전기자동차에서는 안전성을 중시하기 때문에 에어 서스펜션 기술 채택에 열을 올리고 있습니다.
• 경제 성장과 도시화 : 특히 신흥국의 경제 성장과 도시화는 에어 서스펜션 시장 성장의 주요 요인입니다. 가처분 소득이 증가하고 도시 인구가 증가함에 따라 편안하고 신뢰할 수 있는 교통수단에 대한 수요가 증가하고 있습니다. 이러한 추세로 인해 고급차, 버스, 트럭 등 다양한 차량 부문에서 에어 서스펜션 시스템의 사용이 확대되고 있습니다. 또한, 아시아태평양과 같은 소비자층의 확대도 고급 자동차를 구매하는 개인의 증가와 함께 시장 성장의 원동력이 되고 있습니다.

에어 서스펜션 시장의 과제는 다음과 같습니다:

• 경쟁과 시장 포화 : 에어 서스펜션 시스템 시장은 경쟁이 심화되고 있으며, 신규 진입 기업도 많습니다. 이러한 경쟁으로 인해 제조업체들은 효과적으로 경쟁하기 위해 신제품 개발과 차별화에 초점을 맞추고 있습니다. 그러나 일부 지역에서는 시장 포화가 장애물로 작용하고 있으며, 생산자는 고객을 확보하고 시장 점유율을 확대하기 위해 창의적인 사고를 해야 합니다. 에어 서스펜션 시장에서는 연구개발과 마케팅을 통해 신제품을 지속적으로 출시하고 기업의 관련성을 유지하는 것이 큰 관심사가 되고 있습니다.
• 비용과 복잡성 : 에어 서스펜션 시스템과 관련된 비용과 복잡성은 제조업체에게 도전이 될 수 있습니다. 에어 서스펜션 시스템은 기존 서스펜션 시스템보다 제조 및 설치가 더 비싸고 복잡합니다. 특히 비용에 민감한 시장에서는 높은 비용이 채택의 장벽이 될 수 있습니다. 또한, 에어 서스펜션 시스템의 복잡성으로 인해 설치 및 유지보수에 숙련된 기술자가 필요하기 때문에 소비자나 차량 운영업체가 선호하지 않을 수 있습니다. 업계는 고성능 솔루션을 제공하면서도 이러한 비용과 복잡성을 관리하는 데 어려움을 겪는 경우가 많습니다.
• 공급망 혼란 : 에어 서스펜션 시장은 주로 COVID-19 팬데믹으로 인한 공급망 혼란으로 인해 영향을 받고 있습니다. 이러한 혼란은 제조 및 부품 납품 지연을 유발하여 비용을 상승시키고 에어 서스펜션 시스템의 공급을 제한할 수 있습니다. 이러한 문제들로 인해 제조업체는 위험을 줄이기 위해 공급망 다각화 등의 전략을 실행할 필요가 있습니다. 안정적인 공급망은 안정적인 생산을 촉진하고 고객의 수요를 충족시키기 위해 필수적입니다.

에어 서스펜션 시스템 시장은 주로 기술 발전, 편안함과 안전에 대한 수요 증가, 양호한 경제 상황, 규제 요건 등에 힘입어 성장하고 있습니다. 그러나 경쟁, 비용, 복잡성, 공급망 혼란과 같은 문제는 제조업체들에게 큰 장벽이 되고 있습니다. 이러한 다양한 시장에서는 시장 촉진요인과 과제 간의 상호 작용이 시장 역학 및 제조업체가 채택하는 전략을 형성하고 있습니다.

목차

제1장 주요 요약

제2장 세계의 에어 서스펜션 시장 : 시장 역학

• 소개, 배경, 분류
• 공급망
• 업계 성장 촉진요인과 과제

제3장 시장 동향과 예측 분석(2019-2031년)

• 거시경제 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 에어 서스펜션 시장 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 에어 서스펜션 시장 : 차종별
  • 소형 상용차(LCV)
  • 트럭
  • 버스
• 세계의 에어 서스펜션 시장 : 구성요소별
  • 에어 스프링
  • 탱크
  • 솔레노이드 밸브
  • 쇼크 업소버
  • 에어 컴프레서
  • 전자제어장치(ECU)
  • 고도·압력 센서
  • 기타
• 세계의 에어 서스펜션 시장 : 기술별
  • 전자 제어식
  • 비전자 제어식

제4장 지역별 시장 동향과 예측 분석(2019-2031년)

• 세계의 에어 서스펜션 시장 : 지역별
• 북미의 에어 서스펜션 시장
• 유럽의 에어 서스펜션 시장
• 아시아태평양의 에어 서스펜션 시장
• 기타 지역의 에어 서스펜션 시장

제5장 경쟁 분석

• 제품 포트폴리오 분석
• 운영 통합
• Porter's Five Forces 분석

제6장 성장 기회와 전략 분석

• 성장 기회 분석
  • 세계의 에어 서스펜션 시장 성장 기회 : 차종별
  • 세계의 에어 서스펜션 시장 성장 기회 : 구성요소별
  • 세계의 에어 서스펜션 시장 성장 기회 : 기술별
  • 세계의 에어 서스펜션 시장 성장 기회 : 지역별
• 세계의 에어 서스펜션 시장 최신 동향
• 전략적 분석
  • 신제품 개발
  • 세계의 에어 서스펜션 시장 생산능력 확대
  • 세계의 에어 서스펜션 시장 기업 인수합병(M&A), 합작투자
  • 인증과 라이선싱

제7장 주요 기업 개요

• ZF Friedrichshafen
• Continental
• ThyssenKrupp
• Meritor
• SAF Holland

영문목차

The future of the global air suspension market looks promising with opportunities in the light commercial vehicle, trucks, and bus markets. The global air suspension market is expected to reach an estimated $7.2 billion by 2031 with a CAGR of 4.0% from 2025 to 2031. The major drivers for this market are the growing adoption of this system in luxury and premium vehicles and increasing awareness of vehicle comfort and safety.

• Lucintel forecasts that, within the technology category, electronic controlled is expected to witness the highest growth over the forecast period.
• In terms of regions, APAC is expected to witness the highest growth over the forecast period due to the growing demand for luxury vehicles in the region.

Gain valuable insights for your business decisions with our comprehensive 150+ page report.

Emerging Trends in the Air Suspension Market

New trends are emerging in the air suspension market due to changing technology, new policies, and consumers' ever-changing tastes. With changes in the automotive world, including the push for electric vehicles, the move towards autonomous driving, and a focus on sustainability, air suspension systems are gaining prominence. These systems enhance ride quality, configurability, and efficiency of vehicles, making them essential in modern vehicles today.

• Collaboration Between Air Suspension and Electric Vehicles: Innovation in the market includes the convergence of air suspension systems with electric and autonomous vehicles. The implementation of these vehicles increases the need to develop advanced suspension systems that extend range and maximize efficiency. Air suspension systems are also supportive of the flexibility needed to withstand varying weight loads and driving conditions of electric and autonomous vehicles. As ownership of these vehicles grows worldwide, so will the demand for air suspension systems, resulting in further developments. This trend is prompting automakers and suspension system manufacturers to seek partnerships to create solutions.
• Aim for Lightweight Components: In relation to the automotive shift, changes are occurring in the air suspension market as well. To address weight issues, more manufacturers are developing lightweight components for air suspension systems that still perform well and are long-lasting. This is critical for electric and hybrid vehicles, as reducing vehicle weight can translate into longer distances and less energy consumption. The increased use of lightweight materials, especially aluminum and composites, should further enhance the development of air suspension systems that combine efficiency and sustainability.
• Enabling Adaptive and Semi-Active Suspension Systems: The inclusion of adaptive and semi-active air suspension systems is rising in the air suspension market. Adaptive suspensions change behavior automatically by utilizing systems such as Shockvee, which adjust settings based on speed and changes in vehicle acceleration. These systems are typically used in high-end and sports cars, where ride enjoyment and stability are enhanced through clever adaptive technology. As consumers become accustomed to more tailored driving experiences, the market for adaptive and semi-active systems is expected to expand further, driving the development of control technologies over electronic suspension systems.
• Expansion and Growth of Aftermarket Services: The aftermarket segment is likely to dominate the air suspension market, mainly due to the growing trend of vehicle personalization and repair. Customers are increasingly seeking efficient vehicles equipped with modern air suspension systems that enhance comfort and overall performance. This trend encourages the production of various aftermarket air suspension products, including retrofit kits, repair services, and new products. The growth of the aftermarket segment is anticipated to bring changes from the perspectives of air suspension manufacturers and service providers.

The emerging trends in air suspension systems align with the evident changes in the automotive industry. New partnerships with electric and autonomous vehicles, lightweight and efficient components, adaptive suspension systems, growing aftermarket services, and sustainability efforts are all driving the market.

Recent Developments in the Air Suspension Market

The air suspension system market is on the rise due to new technological improvements, increasing demand for premium and electric cars, and changes in customer habits. As vehicle makers strive to improve performance, comfort, and safety, air suspension systems are a key part of today's vehicles. This, along with pervasive regulatory directions, compels manufacturers to develop new and sustainable materials to create innovative designs.

• Integration with Electric Vehicles: Due to greater requirements for passenger satisfaction, design adaptation, and energy efficiency, air suspension systems are being incorporated into electric vehicles. As EVs exhibit various weight distributions and components that enhance energy efficiency, air suspension systems are crucial for providing ride comfort and achieving performance improvements. This development also diversifies EV manufacturers and air suspension suppliers, fostering complex procurement structures that meet electric drive system requirements.
• Advancement in Semi-Active Suspension Systems: There is increasing traction in improving semi-active air suspension systems, which allow for real-time adjustments based on driving conditions and vehicle weight. Greater comfort and effective handling are achieved by employing advanced sensors and electronically controlled systems that utilize dynamically active suspension hardware. This novel approach is appealing in luxury and performance cars, where fine-tuning of the suspension system is essential. The increased adoption of semi-active systems justifies the market's current trend towards more responsive advanced suspension technologies.
• Expansion of Aftermarket Solutions: The aftermarket segment for air suspension systems is flourishing as customers increasingly personalize their vehicles with modern suspension systems. This trend stems from the desire for better suspension comfort and vehicle customization. Manufacturers are responding by producing various aftermarket accessories, including installation packages and performance suspension parts. The growth of this segment opens new avenues not only for existing companies but also for newcomers in the air suspension market.
• Lightweight and Eco-Friendly Materials: Manufacturers are focusing on lightweight and eco-friendly materials in air suspension systems. The automotive sector's emphasis on fuel economy and environmental responsibility is driving companies to produce suspension components designed to reduce vehicle mass without compromising operational characteristics. New possibilities in material use, including new polymers and tests of metallic alloys, provide manufacturers with tools to create lightweight and eco-sustainable air suspension systems. This development aligns with the growing global preference for cleaner environmental solutions in motor vehicle technologies.

Recent developments in the air suspension market highlight trends in innovation, efficiency, and ecologically viable business operations. With the integration of advanced suspension systems in electric vehicles, the creation of semi-active technologies, and research on lightweight materials, the industry faces substantial growth opportunities. The rise of aftermarket products and services, along with increased regulatory focus, further contributes to market growth.

Strategic Growth Opportunities for Air Suspension Market

The air suspension market is transforming rapidly, creating new opportunities across various applications. Air suspension systems are gaining traction in different automotive segments as manufacturers capitalize on the need for improved vehicle performance, comfort, and efficiency. The increasing popularity of electric and self-driving vehicles, combined with the growth in luxury and commercial vehicles, favors the expansion of air suspension technologies.

• Electric Vehicles (EVs): The air suspension system market possesses promising growth prospects as electric vehicle penetration increases. Air suspension systems have increasingly been integrated into electric drivetrains, as EV engineers seek to optimize ride experience and enhance energy efficiency. They provide the necessary flexibility and control to manage specific weight and performance attributes of future electric vehicles. Thus, the inclusion of air suspension in EVs enhances ride quality and contributes to vehicle efficiency and range, representing attractive business prospects in the global automotive market.
• Luxury and High-Performance Vehicles: The increase in demand and sales of high-end and high-performance vehicles has fostered the installation of next-generation air suspension systems. For these vehicles, suspension systems that provide the best ride comfort, handling ability, and adjustability for different driving conditions are required. These requirements align well with air suspension systems, which enhance performance when driving luxury vehicles. Consequently, air suspension manufacturers can access new markets as consumers place greater emphasis on comfort and performance in the luxury segment. This will stimulate the production of better and more tailored suspension systems.
• Commercial Vehicles: There is an increasing trend in the use of air suspension systems in trucks, buses, and other commercial vehicles to enhance ride comfort and load management. These systems are particularly beneficial when vehicles carry heavy payloads, as they stabilize the truck or bus, prevent structural damage, and reduce fuel consumption. Air suspension technologies are being embraced in this segment, driven by increasing efforts to enhance comfort and safety in commercial vehicles. The emergence of electric and self-driving commercial vehicles further broadens the scope for air suspension systems in this application.
• Autonomous Vehicles: The need for air suspension systems in autonomous vehicles (AVs) represents a new concept in air suspension technology. As vehicle motion requires sophisticated suspension systems to compensate for the absence of a driver, the use of air suspension systems is expected to increase. These systems can adapt to changes in expected driving surface parameters or vehicle load in real-time, making them essential for autonomous driving. It is anticipated that the growth in AVs will boost the development of air suspension systems, as manufacturers seek to improve vehicle efficiency and safety.

The outlined strategic growth opportunities in air suspension align well with the ongoing restructuring in the automotive space. The rise of electric vehicles, luxury vehicles, commercial vehicles, and autonomous vehicles presents significant opportunities for appropriate air suspension systems, while the growing aftermarket segment has ample room for growth.

Air Suspension Market Driver and Challenges

Various challenges and drivers influence growth and development in the air suspension market. Technological advancements, economic factors, and changing demographics are key drivers pushing market growth, while challenges such as cost, complexity, and competition present hurdles for manufacturers. These drivers and challenges are crucial for stakeholders aiming to capitalize on opportunities in the air suspension market.

The factors driving the air suspension market include:

• Emergence of New Technologies: The willingness to embrace air suspension solutions, stemming from past discontent with conventional automotive technologies, continues to be witnessed. Developments include semi-active and adaptive suspension technologies that have improved air suspension systems, propelling market development. In this competitive landscape, accessing new market segments will grow in importance, especially as novel solutions are incorporated.
• Demand for Enhanced Comfort and Safety: The global increase in demand for vehicle comfort and safety is a major factor in the air suspension market's development. Consumers seeking smooth rides and stability are driving the adoption of advanced suspension systems. Air suspension systems offer comfort by adjusting to changes in road conditions and vehicle load, making them popular in luxury and high-performance commercial vehicles. There is also an inclination towards using air suspension technologies due to the emphasis on safety, especially in autonomous and electric vehicles.
• Economic Growth and Urbanization: Economic growth and urbanization, particularly in developing countries, are key factors in the air suspension market's growth. As disposable incomes rise and urban populations grow, there is increasing demand for comfortable and reliable transportation. This trend is leading to greater use of air suspension systems in various vehicle segments, including luxury cars, buses, and trucks. The expanding consumer base in regions such as Asia-Pacific is also driving market growth as more individuals purchase luxury vehicles.

Challenges in the air suspension market include:

• Competition and Market Saturation: The air suspension systems market is becoming increasingly competitive, with many new entrants. This competition shifts manufacturers' focus towards new product development and differentiation to compete effectively. However, market saturation in several regions presents an obstacle, requiring producers to think creatively to win customers and increase market share. Maintaining company relevance by continually introducing new products through research and development and marketing is a major concern in the air suspension market.
• Cost and Complexity: The cost and complexity associated with air suspension systems pose challenges for manufacturers. These systems are more expensive and complex to produce and install than traditional suspension systems. High costs can be a barrier to adoption, especially in cost-sensitive markets. Additionally, the intricate nature of air suspension systems necessitates a skilled workforce for installation and maintenance, which may not be favorable for consumers and fleet operators. The industry often struggles to manage these costs and complexities while providing high-performance solutions.
• Supply Chain Disruptions: The air suspension market has been impacted by supply chain disruptions, largely instigated by the COVID-19 pandemic. Such disruptions can cause delays in manufacturing and component delivery, increasing costs and limiting the availability of air suspension systems. These challenges require manufacturers to implement strategies such as rigorous supply chain diversification to mitigate risks. A stable supply chain is essential for promoting consistent production and meeting customer demands.

The air suspension system market is developing primarily due to technological advancements, increasing demand for comfort and safety, favorable economic conditions, and regulatory requirements. However, challenges such as competition, cost, complexity, and supply chain disruptions pose significant barriers for manufacturers. In this diverse market, the interplay between drivers and challenges shapes market dynamics and the strategies manufacturers adopt.

List of Air Suspension Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies air suspension companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the air suspension companies profiled in this report include-

• ZF Friedrichshafen
• Continental
• Thyssenkrupp
• Meritor
• SAF Holland

Air Suspension by Segment

The study includes a forecast for the global air suspension market by vehicle type, component, technology, and region.

Air Suspension Market by Vehicle Type [Analysis by Value from 2019 to 2031]:

• Light Commercial Vehicle (LCV)
• Trucks
• Bus

Air Suspension Market by Component [Analysis by Value from 2019 to 2031]:

• Air Spring
• Tank
• Solenoid Valve
• Shock Absorber
• Air Compressor
• Electronic Control Unit (ECU)
• Height & Pressure Sensor
• Others

Air Suspension Market by Technology [Analysis by Value from 2019 to 2031]:

• Electronic Controlled
• Non-Electronic Controlled

Air Suspension Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Air Suspension Market

Recent developments in the air suspension market show that the expansion of air suspension systems worldwide has accelerated significantly due to increased application in heavy-duty trucks and buses, luxury passenger vehicles, and battery electric vehicles (BEVs). Systems incorporating air suspension designs have improved comfort levels and are becoming widespread in various regions. Factors such as technological evolution, policy changes, and consumer preferences have driven market growth in top automotive markets like the US, China, Germany, India, and Japan.

• United States: Dynamic growth is particularly noted in the commercial vehicle industry. The market for heavy trucks and buses fitted with sophisticated suspension systems is increasing the use of air suspension technology. Fleet owners are beginning to appreciate the benefits of air suspension, particularly regarding comfort and reduced wear and fuel consumption. The growing trend towards electric and self-driving vehicles in the US further positively impacts the air suspension market, as these vehicles require sophisticated suspension systems to enhance driving dynamics and passenger comfort.
• China: China's air suspension sector is rapidly developing, fueled by advancements in the electric vehicle (EV) sector. Disappointed by sluggish EV market growth rates, China is investing in stronger air suspension systems for its electric cars. The Chinese government is implementing policies and providing facilities to support EV producers, prompting manufacturers to refresh their vehicles with more sophisticated suspension systems. Furthermore, rising demand for SUVs and increased awareness of air suspension systems are contributing to market growth.
• Germany: Despite the renowned dominance of the German automotive industry, growth in the air suspension market is particularly evident in the high-end car segment. German manufacturers are integrating the latest innovations in air suspension systems into their flagship models, ensuring improved ride comfort and vehicle dynamics. Significant strides in Hungary are also notable, with a focus on research and development to enhance air suspension performance. Developments include producing simpler, compressor-less systems. Germany's increasing interest in electric cars will also facilitate air suspension systems' market penetration, enhancing vehicle performance.
• India: In India, air suspension is gaining market share due to rising demand for improved public transport. Efforts to upgrade the country's bus and coach public transport systems are encouraging the incorporation of air suspension systems, which are preferred for their ability to provide comfort on bumpy roads while carrying significant passenger loads. Additionally, the growing middle-class population in India has contributed to the increased purchase of high-end automobiles fitted with various sophisticated suspension systems, further boosting the market.
• Japan: Japan's air suspension market is characterized by advancements in development and increased use of hybrid vehicles. Investments in air suspension systems that deliver optimal performance, longevity, and versatility are significant among Japanese automotive manufacturers. The market for air suspension systems that provide enhanced comfort and greater efficiency is expanding as more countries pivot to hybrid and electric vehicles. Japan's automotive sector has also gained a reputation for miniaturizing and weight-saving suspension structures, which are increasingly integrated into work vehicles and luxury car segments.

Features of the Global Air Suspension Market

Market Size Estimates: Air suspension market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Air suspension market size by vehicle type, component, technology, and region in terms of value ($B).

Regional Analysis: Air suspension market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different vehicle types, components, technologies, and regions for the air suspension market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the air suspension market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the air suspension market by vehicle type (light commercial vehicle (LCV), trucks, and bus), component (air spring, tank, solenoid valve, shock absorber, air compressor, electronic control unit (ECU), height & pressure sensor, and others), technology (electronic controlled and non-electronic controlled), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Air Suspension Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Air Suspension Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Air Suspension Market by Vehicle Type
  • 3.3.1: Light Commercial Vehicle (LCV)
  • 3.3.2: Trucks
  • 3.3.3: Bus
• 3.4: Global Air Suspension Market by Component
  • 3.4.1: Air Spring
  • 3.4.2: Tank
  • 3.4.3: Solenoid Valve
  • 3.4.4: Shock Absorber
  • 3.4.5: Air Compressor
  • 3.4.6: Electronic Control Unit (ECU)
  • 3.4.7: Height & Pressure Sensor
  • 3.4.8: Others
• 3.5: Global Air Suspension Market by Technology
  • 3.5.1: Electronic Controlled
  • 3.5.2: Non-Electronic Controlled

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Air Suspension Market by Region
• 4.2: North American Air Suspension Market
  • 4.2.1: North American Market by Vehicle Type: Light Commercial Vehicle (LCV), Trucks, and Bus
  • 4.2.2: North American Market by Technology: Electronic Controlled and Non-Electronic Controlled
• 4.3: European Air Suspension Market
  • 4.3.1: European Market by Vehicle Type: Light Commercial Vehicle (LCV), Trucks, and Bus
  • 4.3.2: European Market by Technology: Electronic Controlled and Non-Electronic Controlled
• 4.4: APAC Air Suspension Market
  • 4.4.1: APAC Market by Vehicle Type: Light Commercial Vehicle (LCV), Trucks, and Bus
  • 4.4.2: APAC Market by Technology: Electronic Controlled and Non-Electronic Controlled
• 4.5: ROW Air Suspension Market
  • 4.5.1: ROW Market by Vehicle Type: Light Commercial Vehicle (LCV), Trucks, and Bus
  • 4.5.2: ROW Market by Technology: Electronic Controlled and Non-Electronic Controlled

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Air Suspension Market by Vehicle Type
  • 6.1.2: Growth Opportunities for the Global Air Suspension Market by Component
  • 6.1.3: Growth Opportunities for the Global Air Suspension Market by Technology
  • 6.1.4: Growth Opportunities for the Global Air Suspension Market by Region
• 6.2: Emerging Trends in the Global Air Suspension Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Air Suspension Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Air Suspension Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: ZF Friedrichshafen
• 7.2: Continental
• 7.3: ThyssenKrupp
• 7.4: Meritor
• 7.5: SAF Holland