Press release
Leading Element Driving Change in the Automotive Air Suspension Market in 2025: Automotive Air Suspension Market Poised For Growth As Commercial Vehicle Sales Surge Globally Driver
Automotive Air SuspensionMarket Market
The market size for automotive air suspension has significantly enhanced in the past few years. Growing from $7.06 billion in 2024, it is forecasted to rise to $7.57 billion in 2025, marking a compound annual growth rate (CAGR) of 7.3%. This previous expansion can be credited to a surge in consumer need for comfort and safety in vehicles, an upswing in mileage covered, higher demand for heavy-duty commercial vehicles, an escalated requirement for luxury and premium vehicles, and a decline in interest rates.
In the coming years, the automotive air suspension market is anticipated to witness substantial growth, expecting to reach a valuation of $9.94 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.0%. Such advancement over the forecast period is linked with supportive governmental regulations and incentives, an increasing inclination towards electronically managed air suspension systems, enhanced research and development capabilities, a surge in vehicle production, and a boost in off-road leisure activities. Pivotal trends during this period are predicted to be electronically controlled air suspension, lightweight components of air suspension, modular air suspension blueprints, a rise in the adoption rate of high-tech systems, and regenerative air suspension.
What Are the Primary Growth Drivers for the Automotive Air Suspension Market?
A surge in the need for commercial vehicles is anticipated to drive the advancement of the automotive air suspension market in the future. Commercial vehicles, utilised for the conveyance of goods or passengers for business purposes, experience a diverse demand linked to economic activities and changing industry requirements. These factors collectively guarantee a continuous expansion in the commercial vehicle sector. Automotive air suspension systems augment the functionality, comfort, safety, and life expectancy of vehicles, rendering them apt for myriads of applications ranging from city delivery fleets to vigorous transport and dedicated services. For example, in May 2023, as stated by the European Automobile Manufacturers Association, a Belgium-based advocacy and standards group for the car industry, the worldwide automobile production in 2022 hit 85.4 million units, demonstrating an increase of 5.7% compared to 2021. The escalating need for commercial vehicles is fuelling the progress of the automotive air suspension market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16597&type=smp
Who Are the Dominant Companies Influencing Automotive Air Suspension Market Trends?
Major companies operating in the automotive air suspension market are Hitachi Ltd., ZF Friedrichshafen AG, ThyssenKrupp AG, Continental AG, Hyundai Mobis, PACCAR Inc., Isuzu Motors Limited, Tenneco Inc., Nidec Corporation, Iveco S.p.A., DuPont de Nemours Inc., Hino Motors Ltd., Knorr-Bremse AG, Meritor Inc., Hendrickson USA L.L.C., Sogefi S.p.A., SAF-Holland S.A., Wheels India Limited, Magneti Marelli S.p.A., Stemco, Vibracoustics, Ridewell Corporation, Bilstein, Airlift Company, Firestone Industrial Products
How Is the Automotive Air Suspension Market Evolving?
The automotive air suspension market is witnessing innovation from key players who are developing products employing Zero Maintenance Damping Ride Technology (ZMDR) to improve vehicle balance, ride comfort, and load capacity. This advanced vehicle suspension system is designed to offer superior ride comfort and handling performance without requiring frequent maintenance. With an example, in July 2023, a manufacturer of commercial vehicle components in the U.S., Hendrickson, released the ROADMAAX Z, which is their lightest 46,000 lb. load capacity rear air suspension system to date. This is the first of Hendrickson's drive axle suspensions to adopt their proprietary Zero Maintenance Damping (ZMD) technology. By eliminating traditional shock absorbers and incorporating the damping process directly into the air springs, ZMD technology is expected to ensure a consistently smooth ride throughout the life of the air springs, thereby reducing downtime and maintenance costs. This suspension system has been approved for use with lift axles and up to 25% off-road applications, demonstrating exceptional performance under strenuous conditions.
What Are the Different Segmentations in the Automotive Air Suspension Market?
The automotive air suspension market covered in this report is segmented -
1) By Control Type: Electronically Controlled Air Suspension, Non-Electronically Controlled Air Suspension
2) By Component: Air Springs, Shock Absorber, Compressor, Electronic Control Unit, Air Reservoir, Height And Pressure Sensor, Remote Control, Solenoid Valve, Other Component
3) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Bus And Coaches
4) By Sales Channel: Original Equipment Manufacturer, Aftermarket
Subsegments:
1) By Electronically Controlled Air Suspension: Adaptive Air Suspension Systems, Semi-Active Air Suspension Systems, Fully Active Air Suspension Systems, Smart Suspension Systems With Automatic Load Adjustment, Suspension Systems With Height Control And Ride Quality Enhancement
2) By Non-Electronically Controlled Air Suspension: Manual Air Suspension Systems, Pneumatic Air Suspension Systems (Non-Digital Control), Fixed-Height Air Suspension Systems, Mechanical Air Suspension With Adjustable Pressure
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/automotive-air-suspension-global-market-report
Which Region Is at the Forefront of the Automotive Air Suspension Market?
Asia-Pacific was the largest region in the automotive air suspension market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive air suspension market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Automotive Air Suspension Global Market Report?
- Market Size Analysis: Analyze the Automotive Air Suspension Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automotive Air Suspension Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automotive Air Suspension Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automotive Air Suspension Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16597
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Leading Element Driving Change in the Automotive Air Suspension Market in 2025: Automotive Air Suspension Market Poised For Growth As Commercial Vehicle Sales Surge Globally Driver here
News-ID: 3856157 • Views: …
More Releases from The Business Research Company
Top Trends Transforming the Fluoropolymer Films Market Landscape in 2025: Techno …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Fluoropolymer Films Industry Market Size Be by 2025?
The fluoropolymer films market has seen strong growth recently. It will expand from $2.5 billion in 2024 to $2.65 billion in 2025 at a CAGR of 5.7%. Growth drivers in the past included high thermal stability, electronics manufacturing…
Driving Digitally Printed Wallpaper Market Growth in 2025: The Role of Rising Ur …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Digitally Printed Wallpaper Market Size Growth Forecast: What to Expect by 2025?
The digitally printed wallpaper market has expanded rapidly in recent years. It will grow from $9.13 billion in 2024 to $10.26 billion in 2025, at a CAGR of 12.4%. Historic growth was fueled by interior design preferences,…
Top Market Shifts Transforming the Biodegradable Paper and Plastic Packaging Mar …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Biodegradable Paper and Plastic Packaging Market Through 2025?
Over the past few years, we've witnessed a significant expansion in the size of the biodegradable paper and plastic packaging market. It is projected to rise from $12.97 billion in 2024 to $14.12 billion…
Acrylic Rubber Market Landscape to 2034: Key Forces Shaping the Next Decade of G …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Acrylic Rubber Market Size By 2025?
The acrylic rubber industry has seen robust growth in the past few years. The market value, which is projected to escalate from $1.63 billion in 2024 to $1.74 billion in 2025, implies a compound annual growth rate (CAGR) of…
More Releases for Air
Thermoelectric Assemblies Market, By Type (Air to Air, Direct to Air, Liquid to …
The thermoelectric assemblies market is expected to witness market growth at a rate of 8.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thermoelectric assemblies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the application of thermoelectric assemblies in the food and beverage industry…
Air Ambulance Market 2019 Global Analysis By Key Players – EMA Global , Native …
WiseGuyReports.Com Publish a New Market Research Report On –“ Air Ambulance Market 2019 Global Analysis By Key Players – EMA Global , Native American Air Ambulance, Air Medical Group, REVA Air Ambulance, PHI Air Medical ”.
Air Ambulance Industry 2019
Description:-
Air Ambulance is also known as helicopter emergency medical service, it refers to the aircraft specially adapted for carrying patients with critical condition and serious injury after permanent professional medical…
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft.
Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576 …
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and…
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in…
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North…
