what is driving the air suspension market ? Eminent Players-Continental AG, ThyssenKrupp AG, Hendrickson International Corporation, Mando Corporation, SAF-Holland, and Wabco Holdings Inc. - Market Size & Forecasting (2016 - 2028)

Air suspension market has been witnessing growth, owing to growing demand for comfort in luxury vehicles. Air suspension supports vehicles on axles with the help of air springs. It provides increased comfort, load capacity by leveling the suspension, and reduces excess noise and vibration. It is most commonly used in buses for long distance such as VOLVO, SCANIA, etc. Earlier, air suspension was controlled manually by switches. However, now, it is electronically controlled.
Nowadays, majority of the long-distance buses and trucks are fitted with air suspensions. Luxury passenger vehicle manufacturers are using air suspension to increase the level of comfort, stability, ride height adjustments. Moreover, it is used in sports cars and track cars as sports suspension for increased stability and better track performance. Manually controlled air suspensions hold the majority of the shares in the market, but automatic air suspension is set to dominate the market during the forecast period. All these factors are responsible for the increased demand for air suspensions in the market. However, many vehicle manufacturers still continue to use coil over or leaf over suspensions due to the high cost and increased expertise required for their service and maintenance, which could affect its demand in the market. The air suspension market in North America and Europe are expected to grow due to the presence and demand for luxury vehicles.

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The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market, along with identifying major segments and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand for air suspension market.

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Market Segmentation:

By Vehicle Type:

• Light Duty Vehicles
• Truck
• Bus

By Component:

• Air Spring
• Air Reservoir
• Height Sensor
• Shock Absorber
• Air Compressor
• Electronic Control Module

By Technology:

• Electronically Controlled Air Suspension
• Non-Electronically Controlled Air suspension

This upcoming study will be published shortly with a focus on key stakeholders in the market. Regions covered in the study include North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World.

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Major Companies Operating in the Market:

• Continental AG
• ThyssenKrupp AG
• Hendrickson International Corporation
• Mando Corporation
• SAF-Holland
• Wabco Holdings Inc

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Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments pertaining to market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

This release was published on openPR.