Air Suspension Market Share, Trends, Outlook, Size 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 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%.
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...
Increased Demand for Luxury and Comfort Drive to Fuel the Growth of Air Suspension Market in the Coming Years
Over a passage of time, suspension systems have evolved drastically from leaf and coil-overs to air suspension systems. Initially, the use of air suspension systems was limited to commercial vehicles, luxury cars, and buses, which constitute a major part of commute across the globe. However, with the increased demand for vehicles and luxury and comfort drive, the demand for air suspension systems has...