Press release
Global Trends Overview: The Rapid Evolution of the Air Suspension Market
Air Suspension Market
Steady Expansion Predicted for the Air Suspension Market Size Through 2030
The air suspension market is on track to expand significantly, reaching a valuation of $9.33 billion by 2030. This growth corresponds to a compound annual growth rate (CAGR) of 5.8% during the forecast period. Several factors are fueling this expansion, including the integration of air suspension systems in electric vehicles, the rise of smart suspension technologies, increased production of heavy-duty trucks, growing demand for vehicle customization, and deeper penetration into the aftermarket segment. Important trends shaping this market include wider adoption of electronically controlled air suspension systems, increased demand from luxury vehicle segments, expansion in commercial vehicle applications, incorporation of vehicle telematics, and a surge in aftermarket upgrade offerings.
Download a free sample of the air suspension market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16581&type=smp
Leading Corporations Dominating the Air Suspension Industry
Several prominent companies are steering the air suspension market forward, including ZF Friedrichshafen AG, Continental AG, Hitachi Ltd., AB Volvo, Daimler Truck AG, Paccar Inc., Navistar International, Traton SE, Toyota Motor Corporation, Mercedes-Benz Group AG, BMW AG, Audi AG, Land Rover (JLR), Porsche AG, Tesla Inc., SAF-HOLLAND SE, Hendrickson Holding LLC, Dunlop Suspension Systems, Air Lift Company, and Accuair Suspension.
In a notable move in July 2024, TVS Mobility, an India-based firm specializing in construction and material handling equipment, acquired Roberto Nuti Group. This Italy-based manufacturer focuses on suspension components such as shock absorbers and air springs for the aftermarket. This acquisition marks a strategic milestone for TVS Mobility's global expansion plans, leveraging the complementary strengths of both companies in automotive components.
Current Developments Driving the Air Suspension Market Forward
Key players in the air suspension sector concentrate on innovating control and suspension product lines to deliver superior ride quality and vehicle handling. These products enable dynamic adjustments to ride height depending on driving conditions and cargo weight, ensuring smoother performance. For example, in November 2023, DMA Industries, a US-based aftermarket accessories producer, introduced the RideMaster product line. This range includes air struts, springs, shocks, coil springs, control arms, and other essential chassis components, available in both active and passive models. The RideMaster line matches the damping and performance of original equipment while being manufactured in a tariff-free zone, allowing DMA to offer competitive pricing without sacrificing quality.
View the full air suspension market report:
https://www.thebusinessresearchcompany.com/report/air-suspension-global-market-report
Breaking Down the Air Suspension Market Segmentation
The air suspension market is divided across several key dimensions:
1) By Component: This includes Air Spring, Tank, Solenoid Valve, Shock Absorber, Air Compressor, Electronic Control Unit (ECU), Height and Pressure Sensor, and Air Reservoir.
2) By Vehicle Type: Segments cover Light Duty Vehicles, Trucks, and Buses.
3) By Technology: The market distinguishes between Electronic Controlled and Non-Electronic Controlled systems.
4) By Sales Channel Type: These are categorized into Original Equipment Manufacturers (OEMs) and Aftermarket.
5) By End-User Industry: Encompasses Automotive, and Transportation and Logistics sectors.
Further subcategories provide a detailed view:
- Air Springs are split into Rubber, Fabric, Rolling Lobe, and Bellows types.
- Tanks are classified as Air Storage Tanks, Steel Air Tanks, and Aluminum Air Tanks.
- Solenoid Valves come in Single, Double, and Pressure Control variants.
- Shock Absorbers include Air-Integrated and Electronically Controlled models.
- Air Compressors are divided into Single-Stage, Multi-Stage, and Electric types.
- ECUs focus on Load-Leveling and Dynamic Control functions.
- Height and Pressure Sensors measure vehicle height and pressure respectively.
- Air Reservoirs are segmented into Plastic, Metal, and Composite varieties.
This comprehensive segmentation offers a thorough understanding of the components and applications driving the air suspension industry's evolution.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow 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
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering 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 Global Trends Overview: The Rapid Evolution of the Air Suspension Market here
News-ID: 4381665 • Views: …
More Releases from The Business Research Company
Key Strategic Developments and Emerging Changes Shaping the Automotive Ball Join …
The automotive ball joint market is gaining significant traction as the automotive industry evolves with new technologies and changing consumer demands. This sector is set to witness remarkable advancements driven by innovations in materials and the growing adoption of electric vehicles. Let's explore the expected market size, principal companies, emerging trends, and key segments shaping this market.
Projected Market Size and Growth Outlook for the Automotive Ball Joint Market
The…
Emerging Sub-Segments Transforming the Automotive Airbags Silicone Market Landsc …
The automotive airbags silicone market is set for remarkable expansion in the coming years, driven by evolving safety regulations and technological innovations. As the automotive industry increasingly prioritizes occupant protection and integrates lightweight, durable materials, silicone-based airbags are becoming essential components in modern vehicle safety systems. Let's explore the market's size, key players, emerging trends, and the segments shaping its development.
Projected Growth of the Automotive Airbags Silicone Market by 2030…
Emerging Growth Patterns Driving Rapid Expansion in the Automotive Active Safety …
The automotive active safety systems sector is poised for significant expansion over the coming years, driven by advancements in vehicle technology and evolving safety standards. This market is becoming increasingly important as manufacturers and consumers alike prioritize enhanced safety features in vehicles. Let's dive into the market's size, key players, emerging trends, and the main product segments shaping its future.
Projected Market Size and Growth Trajectory of the Automotive Active Safety…
Future Perspectives: Key Trends Shaping the Wind Tunnel Market Until 2030
The wind tunnel market is on track for steady expansion over the coming years, driven by technological advancements and increased research investments. As industries push the boundaries of aerodynamic testing and simulation, this sector is poised to play a crucial role in diverse applications ranging from aerospace to urban infrastructure development. Below is an overview of the market's size, key players, influential trends, and segmentation details that define its current…
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…
