Air Suspension Systems Market Surge at 4.5% CAGR and Hit $4 Billion by 2025

Air Suspension Systems Market (By Type: Electronically Controlled Air Suspension, Non-Electronically Controlled Air Suspension; By Application: LCV OEM Segment, LCV Aftermarket Segment, Other Segment) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2025

Pune, India -- (SBWire) -- 04/19/2019 --The Global Air Suspension Systems Market is expected to reach the market value of around US$ 4 billion by 2025 and is anticipated to grow at a CAGR of around 4.5% in terms of revenue during the forecasting period 2018 – 2025.

The worldwide market for air suspension is driven by developing noteworthiness of higher driving comfort which has impelled the interest for luxury transports outfitted with air suspension systems, and improved safety controls which have constrained makers to create technologically propelled suspension systems. Air suspension systems are a kind of suspension framework that help the vehicle on the axles with the incorporation of air springs (air sacks) as another for standard leaf springs or steel springs. Air suspension systems increase the adaptability to move loads by leveling the suspension. Moreover, they conjointly curtail vibration and noise.

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There are loads of opportunities in the air suspension systems market for the new ventures to open new assembling facilities in the emerging economies, for instance, India, China, Brazil, where entrance is particularly low and is anticipated to bring opportunities in near future.

Electronically Controlled Air Suspension is the Highest Growing Segment

The electronically controlled air suspension system segment is assessed to have the most noteworthy growth potential. We can see an obvious move from non-electronically controlled air suspension towards the electronically controlled air suspension. This can be credited to the demonstrated advantages of the system as far as better leveling of the vehicle and diminished air utilization. Inferable from this, there is a striking decrease in vibrations which helps in giving better solace while travelling. Electronically controlled air suspension gives dependability, ideal street grasp, and adjustment to various weight stacking. The ECAS gives extra driving solace, as well as an upgraded dimension of safety.

Applications of Product to Fuel Market Growth

LCV OEM segment are estimated to constitute the largest market share, by value and volume, of the air suspension market. Luxury and comfort are the major highlights of air suspension and hence they are mainly limited to the premium segment of LCV OEM segment. Developed markets already have a high penetration when it comes to air suspension in LCV OEM segment, and this popularity is also growing in emerging markets making LCV OEM segment the largest market segment.

Regional Outlook

Asia-pacific air suspension systems market is anticipated to grow at a highest CAGR amid the foreseen time span owing to its large population, emerging economic conditions, and rise in foreign trade in the country. In addition, the makers are increasing their business in other developing Asia-Pacific countries including India and Vietnam where market penetration is low but is projected to raise at high rate amid the forecast phase. Followed by, North America which holds a principle share in the market for air suspension systems owing to wide application in transportation vehicles as well as commercial purposes in the region. Europe is the third largest market for air suspension systems. The air suspension systems market growth in the region is driven by the tourism industry.

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Insights on Market Segment

Global air suspension systems market is segmented by type, application and geography. Based on different types, the market is segmented into electronically controlled air suspension, non-electronically controlled air suspension. Also, by application Air Suspension Systems is further bifurcated into LCV OEM segment, LCV aftermarket segment, other segment. Based on geography market is further classified into North America, Europe, Asia Pacific, Rest of World.

Key Players

The major players profiled in the report include Continental AG, Thyssenkrupp Bilstein GmbH, WABCO Holdings, Inc., Firestone Industrial Products Company LLC, Drive-Rite Ltd, Hitachi Automotive Systems Americas, Inc., BWI Group, Dunlop Systems and components, and more.

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TABLE OF CONTENT

Chapter 1. Air Suspension Systems Market Overview

1.1 Product Overview and Scope of Air Suspension Systems
1.2 Classification of Air Suspension Systems by Product Category
1.2.1 Global Air Suspension Systems Sales and Growth Comparison by Types (2013-2025)
1.2.2 Global Air Suspension Systems Sales Market Share by Types in 2017
1.2.3 Electronically Controlled Air Suspension
1.2.4 Non-Electronically Controlled Air Suspension
1.3 Global Air Suspension Systems Market by Applications/End Users
1.3.1 Global Air Suspension Systems Sales Comparison by Applications (2013-2025)
1.3.2 LCV OEM segment
1.3.3 LCV aftermarket segment
1.3.4 Other segment
1.4 Global Air Suspension Systems Market by Regions
1.4.1 Global Air Suspension Systems Revenue Comparison by Regions (2013-2025)
1.4.2 United States Air Suspension Systems Status and Prospect (2013-2025)
1.4.3 China Air Suspension Systems Status and Prospect (2013-2025)
1.4.4 Europe Air Suspension Systems Status and Prospect (2013-2025)
1.4.5 Japan Air Suspension Systems Status and Prospect (2013-2025)
1.4.6 Germany Air Suspension Systems Status and Prospect (2013-2025)
1.4.7 South Korea Air Suspension Systems Status and Prospect (2013-2025)
1.5 Global Air Suspension Systems Sales and Revenue (2013-2025)
1.5.1 Global Air Suspension Systems Sales and Growth Rate (2013-2025)
1.5.2 Global Air Suspension Systems Revenue and Growth Rate (2013-2025)
1.6 Share of LCV Equipped with Air Suspension, OEM v/s Aftermarket

Chapter 2. Global Air Suspension Systems Competition by Players, Type and Application

2.1 Global Air Suspension Systems Market Competition by Players
2.1.1 Global Air Suspension Systems Sales and Market Share of Key Players (2013-2018)
2.1.2 Global Air Suspension Systems Revenue and Share by Players (2013-2018)
2.2 Global Air Suspension Systems Sales and Revenue by Type
2.2.1 Global Air Suspension Systems Sales and Market Share by Type (2013-2018)
2.2.2 Global Air Suspension Systems Revenue and Market Share by Type (2013-2018)
2.3 Global Air Suspension Systems Sales and Revenue by Regions
2.3.1 Global Air Suspension Systems Sales and Market Share by Regions (2013-2018)
2.3.2 Global Air Suspension Systems Revenue and Market Share by Regions (2013-2018)
2.4 Global Air Suspension Systems Sales by Application

Chapter 3. USA Air Suspension Systems (Sales, Revenue and Price)

3.1 USA Air Suspension Systems Sales and Revenue (2013-2018)
3.1.1 USA Air Suspension Systems Sales and Growth Rate (2013-2018)
3.1.2 USA Air Suspension Systems Revenue and Growth Rate (2013-2018)
3.1.3 USA Air Suspension Systems Price Trend (2013-2018)
3.2 USA Air Suspension Systems Sales and Market Share by Players
3.3 USA Air Suspension Systems Sales and Market Share by Type
3.4 USA Air Suspension Systems Sales and Market Share by Applications

Chapter 4. China Air Suspension Systems (Sales, Revenue and Price)

4.1 China Air Suspension Systems Sales and Revenue (2013-2018)
4.1.1 China Air Suspension Systems Sales and Growth Rate (2013-2018)
4.1.2 China Air Suspension Systems Revenue and Growth Rate (2013-2018)
4.1.3 China Air Suspension Systems Price Trend (2013-2018)
4.2 China Air Suspension Systems Sales and Market Share by Players
4.3 China Air Suspension Systems Sales and Market Share by Type
4.4 China Air Suspension Systems Sales and Market Share by Applications

Chapter 5. Europe Air Suspension Systems (Sales, Revenue and Price)

5.1 Europe Air Suspension Systems Sales and Revenue (2013-2018)
5.1.1 Europe Air Suspension Systems Sales and Growth Rate (2013-2018)
5.1.2 Europe Air Suspension Systems Revenue and Growth Rate (2013-2018)
5.1.3 Europe Air Suspension Systems Price Trend (2013-2018)
5.2 Europe Air Suspension Systems Sales and Market Share by Players
5.3 Europe Air Suspension Systems Sales and Market Share by Type
5.4 Europe Air Suspension Systems Sales and Market Share by Applications

Chapter 6. Japan Air Suspension Systems (Sales, Revenue and Price)

6.1 Japan Air Suspension Systems Sales and Revenue (2013-2018)
6.1.1 Japan Air Suspension Systems Sales and Growth Rate (2013-2018)
6.1.2 Japan Air Suspension Systems Revenue and Growth Rate (2013-2018)
6.1.3 Japan Air Suspension Systems Price Trend (2013-2018)
6.2 Japan Air Suspension Systems Sales and Market Share by Players
6.3 Japan Air Suspension Systems Sales and Market Share by Type
6.4 Japan Air Suspension Systems Sales and Market Share by Applications

Chapter 7. South Korea Air Suspension Systems (Sales, Revenue and Price)

7.1 South Korea Air Suspension Systems Sales and Revenue (2013-2018)
7.1.1 South Korea Air Suspension Systems Sales and Growth Rate (2013-2018)
7.1.2 South Korea Air Suspension Systems Revenue and Growth Rate (2013-2018)
7.1.3 South Korea Air Suspension Systems Price Trend (2013-2018)
7.2 South Korea Air Suspension Systems Sales and Market Share by Players
7.3 South Korea Air Suspension Systems Sales and Market Share by Type
7.4 South Korea Air Suspension Systems Sales and Market Share by Applications

Chapter 8. Germany Air Suspension Systems (Sales, Revenue and Price)

8.1 Germany Air Suspension Systems Sales and Revenue (2013-2018)
8.1.1 Germany Air Suspension Systems Sales and Growth Rate (2013-2018)
8.1.2 Germany Air Suspension Systems Revenue and Growth Rate (2013-2018)
8.1.3 Germany Air Suspension Systems Price Trend (2013-2018)
8.2 Germany Air Suspension Systems Sales and Market Share by Players
8.3 Germany Air Suspension Systems Sales and Market Share by Type
8.4 Germany Air Suspension Systems Sales and Market Share by Applications

Chapter 9. Global Air Suspension Systems Players Profiles and Sales Data

9.1 Continental
9.1.1 Company Basic Information, Manufacturing Base and Competitors
9.1.2 Air Suspension Systems Product Category, Application and Specification
9.1.3 Continental Air Suspension Systems Sales, Revenue, Price and Gross Margin (2013-2018)
9.1.4 Main Business/Business Overview
9.2 Wabco
9.2.1 Company Basic Information, Manufacturing Base and Competitors
9.2.2 Air Suspension Systems Product Category, Application and Specification
9.2.3 Wabco Air Suspension Systems Sales, Revenue, Price and Gross Margin (2013-2018)
9.2.4 Main Business/Business Overview
9.3 Firestone
9.3.1 Company Basic Information, Manufacturing Base and Competitors
9.3.2 Air Suspension Systems Product Category, Application and Specification
9.3.3 Firestone Air Suspension Systems Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
9.3.4 Main Business/Business Overview
9.4 ThyssenKrupp Bilstein
9.4.1 Company Basic Information, Manufacturing Base and Competitors
9.4.2 Air Suspension Systems Product Category, Application and Specification
9.4.3 ThyssenKrupp Bilstein Air Suspension Systems Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
9.4.4 Main Business/Business Overview
9.5 Hitachi Automotive Systems Americas, Inc.
9.5.1 Company Basic Information, Manufacturing Base and Competitors
9.5.2 Air Suspension Systems Product Category, Application and Specification
9.5.3 Hitachi Air Suspension Systems Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
9.5.4 Main Business/Business Overview
9.6 Dunlop Systems and components
9.6.1 Company Basic Information, Manufacturing Base and Competitors
9.6.2 Air Suspension Systems Product Category, Application and Specification
9.6.3 Dunlop Air Suspension Systems Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
9.6.4 Main Business/Business Overview
9.7 BWI Group
9.7.1 Company Basic Information, Manufacturing Base and Competitors
9.7.2 Air Suspension Systems Product Category, Application and Specification
9.7.3 BWI Group Air Suspension Systems Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
9.7.4 Main Business/Business Overview
9.8 Accuair Suspension
9.8.1 Company Basic Information, Manufacturing Base and Competitors
9.8.2 Air Suspension Systems Product Category, Application and Specification
9.8.3 Accuair Suspension Air Suspension Systems Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2013-2018)
9.8.4 Main Business/Business Overview
9.9 VB Airsuspension
9.9.1 Company Basic Information, Manufacturing Base and Competitors
9.9.2 Air Suspension Systems Product Category, Application and Specification
9.9.3 VB Airsuspension Suspension Revenue
9.9.4 Main Business/Business Overview
9.10 DriveRite
9.10.1 Company Basic Information, Manufacturing Base and Competitors
9.10.2 Air Suspension Systems Product Category, Application and Specification
9.10.3 Main Business/Business Overview

Chapter 10. Air Suspension Systems Manufacturing Cost Analysis

10.1 Air Suspension Systems Key Raw Materials Analysis
10.1.1 Key Raw Materials
10.1.2 Price Trend of Key Raw Materials
10.1.3 Key Suppliers of Raw Materials
10.1.4 Market Concentration Rate of Raw Materials
10.2 Proportion of Manufacturing Cost Structure
10.2.1 Raw Materials
10.2.2 Labor Cost
10.2.3 Manufacturing Expenses
10.3 Manufacturing Process Analysis of Air Suspension Systems

Chapter 11. Industrial Chain, Sourcing Strategy and Downstream Buyers

11.1 Air Suspension Systems Industrial Chain Analysis
11.2 Upstream Raw Materials Sourcing
11.3 Raw Materials Sources of Air Suspension Systems Major Players in 2017
11.4 Downstream Buyers

Chapter 12. Marketing Strategy Analysis, Distributors/Traders

12.1 Marketing Channel
12.1.1 Direct Marketing
12.1.2 Indirect Marketing
12.1.3 Marketing Channel Development Trend
12.2 Market Positioning
12.2.1 Pricing Strategy
12.2.2 Brand Strategy
12.2.3 Target Client
12.3 Distributors/Traders List

Chapter 13. Market Effect Factors Analysis

13.1 Technology Progress/Risk
13.1.1 Substitutes Threat
13.1.2 Technology Progress in Related Industry
13.2 Consumer Needs/Customer Preference Change
13.3 Economic/Political Environmental Change

Chapter 14. Global Air Suspension Systems Market Forecast (2018-2025)

14.1 Global Air Suspension Systems Sales (K Units), Revenue and Price Forecast (2018-2025)
14.1.1 Global Air Suspension Systems Sales (K Units) and Growth Rate Forecast (2018-2025)
14.1.2 Global Air Suspension Systems Revenue (Million USD) and Growth Rate Forecast (2018-2025)
14.1.3 Global Air Suspension Systems Price (USD/Unit) and Trend Forecast (2018-2025)
14.2 Global Air Suspension Systems Sales (K Units), Revenue (Million USD) and Growth Rate Forecast by Regions (2018-2025)
14.2.1 Global Air Suspension Systems Sales (K Units) and Growth Rate Forecast by Regions (2018-2025)
14.2.2 Global Air Suspension Systems Revenue (Million USD) and Growth Rate Forecast by Regions (2018-2025)
14.2.3 USA Air Suspension Systems Sales, Revenue (Million USD) and Growth Rate Forecast (2018-2025)
14.2.4 Europe Air Suspension Systems Sales, Revenue (Million USD) and Growth Rate Forecast (2018-2025)
14.2.5 China Air Suspension Systems Sales, Revenue (Million USD) and Growth Rate Forecast (2018-2025)
14.2.6 Japan Air Suspension Systems Sales, Revenue (Million USD) and Growth Rate Forecast (2018-2025)
14.2.7 Germany Air Suspension Systems Sales, Revenue (Million USD) and Growth Rate Forecast (2018-2025)
14.2.8 South Korea Air Suspension Systems Sales, Revenue (Million USD) and Growth Rate Forecast (2018-2025)
14.3 Global Air Suspension Systems Sales, Revenue and Price Forecast by Type (2018-2025)
14.3.1 Global Air Suspension Systems Sales Forecast by Type (2018-2025)
14.3.2 Global Air Suspension Systems Revenue Forecast by Type (2018-2025)
14.3.3 Global Air Suspension Systems Price Forecast by Type (2018-2025)
14.4 Global Air Suspension Systems Sales Forecast by Application (2018-2025)

Chapter 15. Research Findings and Conclusion

Chapter 16. Methodology and Data Source

16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources

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