Air Suspension Market Size worth $13.9 billion by 2030
The Air Suspension Market Size is projected to reach USD 13.9 billion by 2030 from USD 10.0 billion in 2024, at a CAGR of 5.6%.
The rising sales of luxury passenger vehicles, including SUVs, sedans, and electric vehicles, are expected to boost the global demand for passenger car air suspension systems. Similarly, with enhanced ride comfort, increased load capacity, and growing demand for heavy...
Air Suspension Market Size, Share, Trends, Outlook & Forecast 2027
The Air Suspension market is projected to reach USD 21.8 billion by 2027 from USD 17.8 billion in 2022, at a CAGR of 4.2%.
Electric & hybrid buses would lead the market demand for air suspension systems
Stringent emission & fuel efficiency regulations and stiff competition have compelled OEMs to make fuel-efficient and clean energy vehicles. Electrification and hybridization are ways...
Air Suspension Market Size, Share, Trends and Forecast 2027
The global air suspension market is expected to grow from USD 17.8 billion in 2022 and is projected to reach USD 21.8 billion in 2027, at a CAGR of 4.2% during the forecast period. The demand for air suspension is driven by the increased demand for vehicle comfort and safety and the increasing adoption of air suspension systems in HCVs.
Rising global commercial vehicle sales
The global demand...
Global Air Suspension Market Size, Share, Trends and Industry Forecast 2027
The Air Suspension market is projected to reach USD 21.8 billion by 2027 from USD 17.8 billion in 2022, at a CAGR of 4.2%.
Electric & hybrid buses would lead the market demand for air suspension systems
Stringent emission & fuel efficiency regulations and stiff competition have compelled OEMs to make fuel-efficient and clean energy vehicles. Electrification and hybridization are ways...
Air Suspension Market Size Worth $21.8 Billion by 2027, at a CAGR of 4.2%
The Air Suspension market is projected to reach USD 21.8 billion by 2027 from USD 17.8 billion in 2022, at a CAGR of 4.2%.
Electric & hybrid buses would lead the market demand for air suspension systems
Stringent emission & fuel efficiency regulations and stiff competition have compelled OEMs to make fuel-efficient and clean energy vehicles. Electrification and hybridization are ways...
Air Suspension Market worth $21.8 billion by 2027, at a CAGR of 4.2%
The Air Suspension market is projected to reach USD 21.8 billion by 2027 from USD 17.8 billion in 2022, at a CAGR of 4.2%.
Electric & hybrid buses would lead the market demand for air suspension systems
Stringent emission & fuel efficiency regulations and stiff competition have compelled OEMs to make fuel-efficient and clean energy vehicles. Electrification and hybridization are ways...
Air Suspension Market Size, Share, Trends, Outlook 2027
The Air Suspension market is projected to reach USD 21.8 billion by 2027 from USD 17.8 billion in 2022, at a CAGR of 4.2%.
The trucks segment would be the largest market in the air suspension market
The trucks air suspension shock absorbers help to absorb road force, maintain the wheel oscillation and reduce vibrations and hence, cause less damage to goods. Due to this, the demand for truck...
Air Suspension Market Size, Share, Opportunities & Forecast 2027
The air suspension market is expected to grow from USD 17.8 billion in 2022 to USD 21.8 billion by 2027, with a CAGR of 4.2%.
Electric and hybrid buses are anticipated to drive the demand for air suspension systems in the market. Stringent emission and fuel efficiency regulations, as well as intense competition, have compelled OEMs to focus on developing fuel-efficient and clean energy vehicles....
Air Suspension Market Size, Share, Opportunities & Forecast 2027
The air suspension market is projected to grow from USD 17.8 billion in 2022 to USD 21.8 billion by 2027, at a CAGR of 4.2% during the forecast period. Automotive OEMs are investing in R&D activities to introduce innovative suspension systems to enhance ride comfort. For example, in August 2020, The commercial vehicle control systems division of ZF Friedrichshafen AG in India designed air suspension...
Air Suspension Market Share, Trends, Outlook, Size 2027
The Air Suspension market is projected to reach USD 21.8 billion by 2027 from USD 17.8 billion in 2022, at a CAGR of 4.2%.
The trucks segment would be the largest market in the air suspension market
The trucks air suspension shock absorbers help to absorb road force, maintain the wheel oscillation and reduce vibrations and hence, cause less damage to goods. Due to this, the demand for truck...