HOME Top Market Reports Air Suspension Market by Vehicle Type (PC, LCV, Truck & Bus), Component (Air Spring, Shock Absorber, Air Compressor, ECU, Air Reservoir & Height Sensors), Technology (Electronically & Non-Electronically Controlled), & by Region - Global Forecast to 2021

Air Suspension Market by Vehicle Type (PC, LCV, Truck & Bus), Component (Air Spring, Shock Absorber, Air Compressor, ECU, Air Reservoir & Height Sensors), Technology (Electronically & Non-Electronically Controlled), & by Region - Global Forecast to 2021

By: marketsandmarkets.com
Publishing Date: July 2016
Report Code: AT 4470

 

  Speak to Analyst Enquiry Before Buying  
purchase report
download pdf  request for customisation


The air suspension market is projected to grow USD 3.26 Billion in 2016 to USD 4.69 Billion by 2021, at a CAGR of 7.54%. Market growth is primarily driven by growing concern for comfort and luxury. The objective of the study is to analyze and forecast the market for passenger cars, light commercial vehicle, trucks and buses. This report also segments the market by components, namely, air spring, shock absorber, air compressor, electric control unit, air reservoir and height sensor. The market is also segmented by technology which includes electronically controlled air suspension system and non-electronically controlled air suspension system. The non-electronically controlled air suspension segment holds the largest market share in 2016.

Years considered for the study are:

2015- Base Year
2016- Estimated Year
2021- Projected Year

The research methodology used in the report involves primary and secondary sources. Secondary sources include paid databases and directories. In the primary research stage, experts from related industries, manufacturers and suppliers have been interviewed to understand the present situation and future trends of the global market. The air suspension market size, in terms of volume (thousand units and million units) and value (USD million and billion), for various regions and product applications has been derived using forecasting techniques based on automobile demand and production trends. The OEM prices of air suspension systems and components have been verified through primary sources.

The figure below illustrates the break-up of the profile of industry experts who participated in primary discussions.

Air Suspension Market

To know about the assumptions considered for the study, download the pdf brochure

The air suspension market ecosystem comprises various air suspension system and component manufacturers such as Continental AG (Germany), ThyssenKrupp AG (Germany), Wabco Holding Inc. (Belgium), Hendrickson International Corporation (U.S.), Dunlop Systems and Components (U.K.) and Hitachi Ltd. (Japan).These manufacturers supply components to numerous vehicle manufacturers, which include BMW AG (Germany), Daimler AG, (Germany), Fiat Chrysler Automobiles (Italy) and Volvo (Sweden). The ecosystem also includes regional automotive associations such as the International Organization of Motor Vehicle Manufacturers (OICA), Society of Indian Automotive Manufacturers (SIAM), Japan Automotive Manufacturers Association (JAMA), and European Automobile Manufacturers Association (ACEA).

Target Audience

  • Raw material suppliers to air suspension component manufacturers
  • Manufacturers of air suspension systems
  • Traders, distributors, and suppliers of air suspension components
  • Automobile industry as end user
  • Industry associations

“Study answers several questions for the stakeholders, primarily which market segments to focus in next two to five years for prioritizing the efforts and investments”.

Scope of the Report

The scope of this market is as follows:

  • By Technology
    • Electronically Controlled Air Suspension System
    • Non-Electronically Controlled Air Suspension System
  • By Component
    • Air Springs
    • Shock Absorbers
    • Air Reservoir
    • Air Compressor
    • Electric Control Unit
    • Height Sensors
  • By Vehicle Type
    • Passenger Cars
    • LCVs
    • Trucks
    • Buses
  • By Region
    • Asia-Oceania
    • North America
    • Europe
    • Rest of the World

The regional segmentation has been considered based on market trends in each of the above-mentioned segments.

Available Customizations

MarketsandMarkets offers the following customizations for this market:

  • Global Market, By Technology And Vehicle Type
    • Electronically controlled air suspension
    • Non- Electronically controlled air suspension

    *Following vehicle type will be considered for the above mentioned segment, Passenger Cars, LCV, Trucks, & Buses

  • Global Market, By Component and Vehicle Type
    • Air Spring
    • Shock Absorber
    • Air Compressor
    • ECU
    • Height Sensors
    • Air Reservoir

    *Following vehicle type will be considered for the above mentioned segment, Passenger Cars, LCV, Trucks, & Buses

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered in the Report
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
    2.4 Factor Analysis
           2.4.1 Introduction
           2.4.2 Demand-Side Analysis
                    2.4.2.1 Impact of Disposable Income on Total Vehicle Sales
                    2.4.2.2 Infrastructure: Roadways
                    2.4.2.3 Increasing Vehicle Production in Developing Countries
           2.4.3 Supply-Side Analysis
                    2.4.3.1 Technological Advancements
    2.5 Market Estimation
           2.5.1 Bottom-Up Approach
           2.5.2 Market Breakdown & Data Triangulation
           2.5.3 Assumptions
                    2.5.3.1 Average Number of Components Employed in A Motor Vehicle

3 Executive Summary (Page No. - 29)
    3.1 Global Automotive Air Suspension Market, By Region
    3.2 Global Market, By Technology
    3.3 Global Market, By Component
    3.4 Global Automotive Air Suspension Market
    3.5 Global Market, By Vehicle Type

4 Premium Insights (Page No. - 35)
    4.1 Introduction
    4.2 Emerging Opportunities in the Global Automotive Air Suspension Market
    4.3 Global Automotive Air Suspension Market Growth (Value), By Country
    4.4 Global Market Size, By Technology (USD Million)
    4.5 Global Market Size, By Component (USD Million)
    4.6 Global Market Growth, By Region (USD Million)
    4.7 Global Market: Life Cycle Analysis, By Vehicle Type

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Region
           5.2.2 By Vehicle Type
           5.2.3 By Technology
           5.2.4 By Component
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Demand for Luxury Buses
                    5.3.1.2 Increasing Demand for Luxury & Comfort
           5.3.2 Restraints
                    5.3.2.1 High Development & Adoption Cost of Advanced Suspension Systems
                    5.3.2.2 Component Failure
           5.3.3 Opportunities
                    5.3.3.1 Increasing Demand for Lightweight Air Suspension Systems
                    5.3.3.2 Regenerative Air Dryer in Electronically Controlled Air Suspension System
                    5.3.3.3 Advance Electronically Controlled Air Suspension
           5.3.4 Challenges
                    5.3.4.1 Maintaining A Balance Between the Cost & Quality of Advanced Technology
    5.4 Porter’s Five Forces Analysis
           5.4.1 Competitive Rivalry
           5.4.2 Threat of New Entrants
           5.4.3 Threat of Substitutes
           5.4.4 Bargaining Power of Suppliers
           5.4.5 Bargaining Power of Buyers
    5.5 Supply Chain

6 Global Automotive Air Suspension Market, By Component (Page No. - 59)
    6.1 Introduction
    6.2 Air Spring Market, By Region
    6.3 Shock Absorber Market, By Region
    6.4 Air Compressor Market, By Region
    6.5 Electronic Control Module Market, By Region
    6.6 Air Reservoir Market, By Region
    6.7 Height Sensor Market, By Region

7 Global Automotive Air Suspension Market, By Technology (Page No. - 68)
    7.1 Introduction
    7.2 Electronically Controlled Air Suspension Market, By Region
    7.3 Non-Electronically Controlled Air Suspension Market

8 Global Automotive Air Suspension Market, By Region (Page No. - 74)
    8.1 Introduction
           8.1.1 Asia-Oceania
                    8.1.1.1 China Automotive Air Suspension Market Size, By Vehicle Type
                    8.1.1.2 India Automotive Air Suspension Market Size, By Vehicle Type
                    8.1.1.3 Japan Automotive Air Suspension Market Size, By Vehicle Type
                    8.1.1.4 South Korea Automotive Air Suspension Market Size, By Vehicle Type
                    8.1.1.5 Rest of Asia-Oceania Automotive Air Suspension Market Size, By Vehicle Type
           8.1.2 Europe
                    8.1.2.1 Germany Automotive Air Suspension Market Size, By Vehicle Type
                    8.1.2.2 France Automotive Air Suspension Market Size, By Vehicle Type
                    8.1.2.3 U.K. Automotive Air Suspension Market Size, By Vehicle Type
                    8.1.2.4 Rest of Europe Automotive Air Suspension Market Size, By Vehicle Type
           8.1.3 North America
                    8.1.3.1 U.S. Automotive Air Suspension Market Size, By Vehicle Type
                    8.1.3.2 Mexico Automotive Air Suspension Market Size, By Vehicle Type
                    8.1.3.3 Canada Automotive Air Suspension Market Size, By Vehicle Type
           8.1.4 Rest of the World
                    8.1.4.1 Brazil Automotive Air Suspension Market Size, By Vehicle Type
                    8.1.4.2 Russia Automotive Air Suspension Market Size, By Vehicle Type
                    8.1.4.3 RoW Others Automotive Air Suspension Market Size, By Vehicle Type

9 Competitive Landscape (Page No. - 104)
    9.1 Competitive Situation & Trends
    9.2 New Product Development
    9.3 Expansions
    9.4 Agreements/Joint Ventures/Supply Contracts/Partnerships
    9.5 Mergers & Acquisitions

10 Company Profiles (Page No. - 111)
(Company at A Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis & MnM View)*
     10.1 Introduction
     10.2 Continental AG
     10.3 Thyssenkrupp AG
     10.4 Wabco Holdings Inc.
     10.5 Hendrickson International Corporation
     10.6 Dunlop Systems and Components
     10.7 Hitachi Ltd.
     10.8 Mando Corporation
     10.9 BWI Group
     10.10 Accuair Suspension
     10.11 Firestone Industrial Products

*Details on Company at A Glance, Recent Financials, Products Offered, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

11 Appendix (Page No. - 135)
     11.1 Insights of Industry Experts
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     11.4 Introducing RT: Real-Time Market Intelligence
     11.5 Available Customizations
             11.5.1 Global Automotive Air Suspension Market, By Technology, By Vehicle Type
                        11.5.1.1 Electronically Controlled Air Suspension System Market
                                     11.5.1.1.1 Passenger Cars
                                     11.5.1.1.2 LCV
                                     11.5.1.1.3 Trucks
                                     11.5.1.1.4 Buses
                        11.5.1.2 Non-Electronically Controlled Air Suspension System Market
                                     11.5.1.2.1 Passenger Cars
                                     11.5.1.2.2 LCV
                                     11.5.1.2.3 Trucks
                                     11.5.1.2.4 Buses
             11.5.2 Global Automotive Air Suspension Component Market, By Vehicle Type
                        11.5.2.1 Air Spring
                        11.5.2.2 Shock Absorber
                        11.5.2.3 Air Compressor
                        11.5.2.4 ECU
                        11.5.2.5 Air Reservoir
                        11.5.2.6 Height Sensors
     11.6 Related Reports


List of Tables (70 Tables)

Table 1 Automotive Air Suspension Systems: By Technology
Table 2 Automotive Air Suspension System Market: By Component
Table 3 Luxury Passenger Car Sales of Key Manufacturers in China, India, Germany & U.K., 2014–2015
Table 4 Porter’s Five Forces Analysis
Table 5 Global Automotive Air Suspension Market, By Region, 2014–2021 (‘000 Units)
Table 6 Global Market Size, By Region, 2014–2021 (USD Million)
Table 7 Air Spring Market, By Region, 2014–2021 (‘000 Units)
Table 8 Air Spring Market, By Region, 2014–2021 (USD Million)
Table 9 Shock Absorber Market, By Region, 2014–2021 (‘000 Units)
Table 10 Shock Absorber Market, By Region, 2014–2021 (USD Million)
Table 11 Air Compressor Market, By Region, 2014–2021 (‘000 Units)
Table 12 Air Compressor Market, By Region, 2014–2021 (USD Million)
Table 13 Electronic Control Module Market, By Region, 2014–2021 (‘000 Units)
Table 14 Electronic Control Module Market, By Region, 2014–2021 (USD Million)
Table 15 Air Reservoir Market, By Region, 2014–2021 (‘000 Units)
Table 16 Air Reservoir Market, By Component, 2014–2021 (USD Million)
Table 17 Height Sensor Market, By Component, 2014–2021 (‘000 Units)
Table 18 Height Sensor Market By Region, 2014–2021 (USD Million)
Table 19 Global Automotive Air Suspension Market, By Technology, 2014–2021 (‘000 Units)
Table 20 Global Market Size, By Technology, 2014–2021 (USD Million)
Table 21 Electronically Controlled: Automotive Air Suspension Market, By Region, 2014–2021 (‘000 Units)
Table 22 Electronically Controlled: Market, By Region, 2014–2021 (USD Million)
Table 23 Non-Electronically Controlled: Automotive Air Suspension Market, By Region, 2014–2021 (‘000 Units)
Table 24 Non-Electronically Controlled: Market, By Region, 2014–2021 (USD Million)
Table 25 Global Automotive Air Suspension Market, By Region, 2014–2021 (‘000 Units)
Table 26 Global Market Size, By Region, 2014–2021 (USD Million)
Table 27 Global Market Size, By Vehicle Type, 2014–2021 (‘000 Units)
Table 28 Global Market Size, By Vehicle Type, 2014–2021 (USD Million)
Table 29 Asia-Oceania: Automotive Air Suspension Market Size, By Vehicle Type, 2014–2021 (‘000 Units)
Table 30 Asia-Oceania: Market Size, By Vehicle Type, 2014–2021 (USD Million)
Table 31 China: Automotive Air Suspension Market , By Vehicle Type, 2014–2021 (‘000 Units)
Table 32 China: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 33 India: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 34 India: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 35 Japan: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 36 Japan: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 37 South Korea: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 38 South Korea: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 39 Rest of Asia-Oceania: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 40 Rest of Asia-Oceania: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 41 Europe: Automotive Air Suspension Market Size, By Vehicle Type, 2014–2021 (‘000 Units)
Table 42 Europe: Market Size, By Vehicle Type, 2014–2021 (USD Million)
Table 43 Germany: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 44 Germany: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 45 France: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 46 France: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 47 U.K.: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 48 U.K.: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 49 Rest of Europe: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 50 Rest of Europe: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 51 North America: Automotive Air Suspension Market Size, By Vehicle Type, 2014–2021 (‘000 Units)
Table 52 North America: Market Size, By Vehicle Type, 2014–2021 (USD Million)
Table 53 U.S.: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 54 U.S.: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 55 Mexico: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 56 Mexico: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 57 Canada: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 58 Canada: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 59 Rest of the World: Automotive Air Suspension Market Size, By Vehicle Type, 2014–2021 (‘000 Units)
Table 60 Rest of the World: Market Size, By Vehicle Type, 2014–2021 (USD Million)
Table 61 Brazil: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 62 Brazil: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 63 Russia: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 64 Russia: Market, By Vehicle Type, 2014–2021 (USD Million)
Table 65 RoW Others: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (‘000 Units)
Table 66 Others: Automotive Air Suspension Market, By Vehicle Type, 2014–2021 (USD Million)
Table 67 New Product Development, 2014–2016
Table 68 Expansions, 2015
Table 69 Agreements/Joint Ventures/Supply Contracts/Partnerships, 2013–2015
Table 70 Mergers & Acquisitions, 2014–2015


List of Figures (58 Figures)

Figure 1 Market Segmentation
Figure 2 Global Automotive Air Suspension Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 5 Impact of Disposable Income on Vehicle Sales, 2014
Figure 6 Roadways Infrastructure: Road Network (Km), By Country, 2011
Figure 7 Vehicle Production, 2010–2015 (‘000 Units)
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach
Figure 9 Data Triangulation
Figure 10 The European Automotive Air Suspension Market is Estimated to Hold the Largest Market (Value) in 2016
Figure 11 Non-Electronically Controlled Air Suspension System Segment is Estimated to Hold the Largest Market Size (Value) in 2016
Figure 12 Air Spring Component is Estimated to Hold the Largest Market Size During the Forecast Period
Figure 13 Global Automotive Air Suspension Market: Asia-Oceania Projected to Be the Fastest Growing Market (By Value) During the Forecast Period
Figure 14 Passenger Cars & Buses Segments Projected to Be the Fastest Growing Markets (By Value) During the Forecast Period
Figure 15 Attractive Market Opportunities in the Global Automotive Air Suspension Market
Figure 16 India, South Korea, & Canada are Expected to Be the Fastest Growing Markets for Automotive Air Suspension, 2016–2021
Figure 17 Global Automotive Air Suspension Market Size, By Technology, 2016 (USD Million)
Figure 18 Global Market Size, By Component, 2016 vs 2021 (USD Million)
Figure 19 Global Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 20 Passenger Cars Air Suspension Market to Experience High Growth
Figure 21 Global Automotive Air Suspension: Market Dynamics
Figure 22 Global Bus Production, 2014–2021 (’000 Units)
Figure 23 Weight Reduction Targets for Systems of Light-Duty Internal Combustion Engine Vehicles (2020–2050) in the U.S.
Figure 24 Porter’s Five Forces Analysis: Air Suspension Market
Figure 25 Intensity of Competitive Rivalry in this Market is Considered Medium
Figure 26 Few Players in the Market Lead to A Medium Degree of Competition in the Automotive Air Suspension System Market
Figure 27 Presence of Well-Established Players to Have the Highest Impact on New Entrants
Figure 28 Technological Advancements & Switching Cost Make the Threat of Substitutes Medium
Figure 29 Large Customer Base & Product Differentiation Make the Bargaining Power of Suppliers Medium
Figure 30 Buyer’s Bargaining Power is Rated Low as Most Buyers are Unable to Integrate Backwards
Figure 31 Global Automotive Air Suspension Market: Supply Chain
Figure 32 Global Market Size, By Component (USD Million), 2016–2021
Figure 33 Non-Electronically Controlled Air Suspension Market is Estimated to Have the Highest Market Size, 2016–2021, By Volume (Million Units)
Figure 34 Europe is the Largest Market for Electronically Controlled Air Suspension , 2016–2021
Figure 35 Asia-Oceania is the Largest Market for Non-Electronically Controlled Air Suspension, 2016–2021, By Volume (‘000 Units)
Figure 36 Region-Wise Snapshot of the Global Market, By Volume, (2016): Rapidly Growing Markets are Emerging as New Hotspots
Figure 37 Global Automotive Air Suspension Market: China is Expected to Record the Largest Market Size, 2016
Figure 38 China is the Largest Automotive Air Suspension Market in Asia-Oceania (2016)
Figure 39 Germany is the Largest Automotive Air Suspension Market in Europe (2016)
Figure 40 U.S. is Expected to Be the Fastest Growing Market in North America, By Value, 2016–2021
Figure 41 Brazil Holds the Largest Share in the Rest of the World Automotive Air Suspension System Market, 2016
Figure 42 Companies Adopted New Product Development as the Key Growth Strategy From 2012 to 2016
Figure 43 Wabco Holdings Inc. (Belgium) Registered the Highest Growth Rate From 2012 to 2015
Figure 44 Market Evaluation Framework: New Product Development Fuelled the Demand for Global Automotive Air Suspension Market From 2013 to 2016
Figure 45 Battle for Market Share: New Product Development Was the Key Strategy
Figure 46 Region-Wise Revenue Mix of Top Four Players
Figure 47 Continental AG: Company Snapshot
Figure 48 SWOT Analysis: Continental AG
Figure 49 Thyssenkrupp AG: Company Snapshot
Figure 50 SWOT Analysis: Thyssenkrupp AG
Figure 51 Wabco Holdings Inc.: Company Snapshot
Figure 52 SWOT Analysis: Wabco Holdings Inc.
Figure 53 SWOT Analysis: Hendrickson International Corporation
Figure 54 SWOT Analysis: Dunlop Systems and Components
Figure 55 Hitachi Ltd. : Company Snapshot
Figure 56 SWOT Analysis: Hitachi Ltd
Figure 57 Mando Corporation: Company Snapshot
Figure 58 BWI Group: Company Snapshot

The air suspension market is projected to grow USD 3.26 Billion in 2016 to USD 4.69 Billion by 2021, at a CAGR of 7.54%. The market is primarily driven by the increasing demand for luxury buses for long distance travel and growing significance of comfort and luxury among car buyers.

The passenger car segment is the fastest growing segment globally, in terms of both value and volume, whereas the heavy commercial vehicle segment is the promising market for air suspension systems in the near future. The increasing awareness about the benefits of air suspension along with shifting consumer preferences towards comfort and luxury is encouraging OEMs to focus on manufacturing more advanced suspension systems with increasing penetration in the case of passenger cars.

Non-electronically controlled air suspension systems dominate the global market, in terms of both value and volume however, the electronically controlled air suspension systems segment is the fastest growing globally, in terms of both value and volume. This is owing to the electronically controlled air suspension systems are more advanced and comfort with less maintenance as compared with non-electronically controlled air suspension systems. Still, considering the complexity and the cost of these electronically controlled air suspension systems, their existing demand is limited to premium vehicles only.

Asia-Oceania is the fastest growing market for air suspension systems, both in terms of value and volume. The region comprises of emerging markets like China, Japan, India and South Korea which are characterized by increasing vehicle production and growing demand for comfort and convenience. These factors coupled with the fact that China, being one of the largest vehicle producers in the world, would drive the automotive air suspension market.

Air Suspension Market

Market players need to develop advanced suspension systems in order to cater to the growing demand for comfort and luxury of the consumers, however, with advanced technologies comes the high development and adoption cost of these technologies, which has been restraining the global market for air suspension systems. Factors such as increased complexity due to addition of sensors and electronic control units, high dependency on electronics and interlinking of active suspensions, raise the price of active suspension systems. The objectives of the air suspension manufacturers for long term sustenance are balanced product portfolio, technological leadership, and customer focus. The key air suspension manufacturers have adopted new product development and expansion as the key development strategies to sustain their position in the market. One of the major market players, Continental AG (Germany), has developed its first air suspension system for all-electric vehicle and has also opened a R&D facility in Bangalore (India).

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Automotive Systems Markets on KnowledgeStore
Request Demo