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Air springs are load-carrying rubber components constructed of a hollow rubber bellow sealed to metal plates attached at the top and bottom. Through the use of air compression, air springs dampen shock and vibration.
With a macro-economic perspective, healthy economic growth across geographies is expected to create business opportunities over the forecast period. Increasing penetration of air suspension system into passenger cars and commercial vehicles is projected to turnout as a primary factor supplementing demand for air spring. Over the past decade, sales of luxury vehicles has registered an upsurge, both in developing and developed nations, the preference for luxurious vehicles is not just limited to passenger cars, but also there has been significant demand for luxurious buses and performance trucks. Many OEMs equip these categories with novel air suspension system and thus turn out to be consumers of air springs. The global air spring market is projected to witness increasing adoption of electronically controlled systems, this trend is expected to continue throughout the forecast period. However, consumption of non-electronically controlled systems is expected to remain dominant.
Market Analysis and Insights: Global Air Spring Market
The global Air Spring market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.
Global Air Spring Scope and Market Size
The global Air Spring market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Air Spring market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Convoluted Bellows
Rolling Lobe Bellows
Sleeve Bellows
Segment by Application
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
The Air Spring market is analysed and market size information is provided by regions (countries). Segment by Application, the Air Spring market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Continental
Firestone Industrial Products Company
Hendrickson USA
Wabco Holdings
AccuAir Suspension
Dunlop Systems and components
Mando Corp
BWI Group
Tata AutoComp Systems
VB-Airsuspension
VDL Weweler-Colaert
With a macro-economic perspective, healthy economic growth across geographies is expected to create business opportunities over the forecast period. Increasing penetration of air suspension system into passenger cars and commercial vehicles is projected to turnout as a primary factor supplementing demand for air spring. Over the past decade, sales of luxury vehicles has registered an upsurge, both in developing and developed nations, the preference for luxurious vehicles is not just limited to passenger cars, but also there has been significant demand for luxurious buses and performance trucks. Many OEMs equip these categories with novel air suspension system and thus turn out to be consumers of air springs. The global air spring market is projected to witness increasing adoption of electronically controlled systems, this trend is expected to continue throughout the forecast period. However, consumption of non-electronically controlled systems is expected to remain dominant.
Market Analysis and Insights: Global Air Spring Market
The global Air Spring market was valued at US$ XX in 2020 and will reach US$ XX million by the end of 2027, growing at a CAGR of XX% during 2022-2027.
Global Air Spring Scope and Market Size
The global Air Spring market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Air Spring market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Convoluted Bellows
Rolling Lobe Bellows
Sleeve Bellows
Segment by Application
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
The Air Spring market is analysed and market size information is provided by regions (countries). Segment by Application, the Air Spring market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Continental
Firestone Industrial Products Company
Hendrickson USA
Wabco Holdings
AccuAir Suspension
Dunlop Systems and components
Mando Corp
BWI Group
Tata AutoComp Systems
VB-Airsuspension
VDL Weweler-Colaert
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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