Automotive Air Suspension Global Market Report 2024

Global Automotive Air Suspension Market Report 2024

Automotive Air Suspension Global Market Report 2024 – By Control Type (Electronically Controlled Air Suspension, Non-Electronically Controlled Air Suspension), By Component (Air Springs, Shock Absorber, Compressor, Electronic Control Unit, Air Reservoir, Height And Pressure Sensor, Remote Control, Solenoid Valve, Other Component), By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Bus And Coaches), By Sales Channel (Original Equipment Manufacturer, Aftermarket) – Market Size, Trends, And Global Forecast 2024-2033

Name: Automotive Air Suspension Global Market Report 2024
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Automotive Air Suspension Global Market Report 2024

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Automotive Air Suspension Global Market Report 2024

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Automotive Air Suspension Market Definition

Automotive air suspension is a type of vehicle suspension powered by an electric or engine-driven air pump or compressor. This compressor pumps air into flexible bellows, typically made from textile-reinforced rubber. The air suspension systems provide a variable ride height and adjustable firmness to enhance vehicle performance and comfort.

The main control types of automotive air suspensions are electronically controlled air suspensions and non-electrically controlled air suspensions. Electronically controlled automotive air suspension refers to a sophisticated system where the operation and adjustment of the vehicle's suspension components, primarily air springs or airbags, are managed electronically. It includes air springs, shock absorbers, compressors, electronic control units, air reservoirs, height and pressure sensors, remote controls, solenoid valves, and others, used for various vehicle types, including passenger vehicles, light commercial vehicles, heavy commercial vehicles, and buses and coaches. These are distributed through original equipment manufacturers and aftermarket.

Automotive Air Suspension Market Segmentation

The automotive air suspension market covered in this report is segmented –

1) By Control Type: Electronically Controlled Air Suspension, Non-Electronically Controlled Air Suspension

2) By Component: Air Springs, Shock Absorber, Compressor, Electronic Control Unit, Air Reservoir, Height And Pressure Sensor, Remote Control, Solenoid Valve, Other Component

3) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Bus And Coaches

4) By Sales Channel: Original Equipment Manufacturer, Aftermarket

Global Automotive Air Suspension Market Size 2023 to 2028: Graph

Automotive Air Suspension Market Size 2024 And Growth Rate

The automotive air suspension market size has grown strongly in recent years. It will grow from $6.6 billion in 2023 to $7.06 billion in 2024 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to rising consumer demand for vehicle comfort and safety, an increase in the number of miles driven, a rise in demand for heavy commercial vehicles, an increase in demand for premium and luxury vehicles, and a lower interest rate.

Automotive Air Suspension Market Growth Forecast

The automotive air suspension market size is expected to see strong growth in the next few years. It will grow to $9.29 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to favorable government policies and incentives, a surge in preference for electronically controlled air suspension systems, growing research and development abilities, rising production of vehicles, and increasing off-road recreational activities. Major trends in the forecast period include electronically controlled air suspension, lightweight air suspension components, modular air suspension designs, a higher adoption rate for technologically advanced systems, and regenerative air suspension.

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Automotive Air Suspension Market Driver: Automotive Air Suspension Market Poised For Growth As Commercial Vehicle Sales Surge Globally

The increasing demand for commercial vehicles is expected to propel the growth of the automotive air suspension market going forward. Commercial vehicles are a broad category of vehicles used for transporting goods or passengers for commercial purposes. The demand for commercial vehicles is multifaceted, driven by economic activity and evolving industry needs, which contribute to sustained growth in the commercial vehicle market. Automotive air suspension systems enhance vehicles' functionality, comfort, safety, and longevity, making them well-suited for a wide range of applications, from urban delivery fleets to heavy-duty transport and specialized services. For instance, in May 2022, according to the Society of Motor Manufacturers and Traders (SMMT), a UK-based trade association, in 2021, there were 5,483,319 commercial vehicles in operation, marking a 4.1% rise compared to 2021. Therefore, increasing demand for commercial vehicles drives the automotive air suspension market.

Global Automotive Air Suspension Market Major Players

Major companies operating in the automotive air suspension market are Hitachi Ltd., ZF Friedrichshafen AG, ThyssenKrupp AG, Continental AG, Hyundai Mobis, PACCAR Inc., Isuzu Motors Limited, Tenneco Inc., Nidec Corporation, Iveco S.p.A., DuPont de Nemours Inc., Hino Motors Ltd., Knorr-Bremse AG, Meritor Inc., Hendrickson USA L.L.C., Sogefi S.p.A., SAF-Holland S.A., Wheels India Limited, Magneti Marelli S.p.A., Stemco, Vibracoustics, Ridewell Corporation, Bilstein, Airlift Company, Firestone Industrial Products

Global Automotive Air Suspension Market Trend: Innovative Suspension Solutions Enhancing Comfort And Durability

Major companies operating in the automotive air suspension market are innovating products with zero maintenance damping ride technology to enhance ride comfort, vehicle stability, and load-carrying capacity. Zero Maintenance Damping Ride Technology (ZMDR) is an advanced vehicle suspension system designed to provide optimal ride comfort and handling performance without regular maintenance. For instance, in July 2023, Hendrickson, a US-based manufacturer of commercial vehicle components, announced the ROADMAAX Z, its lightest weight 46,000 lb. capacity rear air suspension system. ROADMAAX Z is Hendrickson's first drive axle suspension to incorporate its patented Zero Maintenance Damping (ZMD) riding technology. ZMD technology eliminates conventional shock absorbers and includes the dampening function directly into the air springs. This is intended to give a consistent, smooth ride throughout the life of the air springs, hence decreasing downtime and maintenance expenses. The suspension system is authorized for use with lift axles and up to 25% off-highway operation, delivering outstanding performance in demanding applications.

Automotive Air Suspension Market Merger And Acquisition: Cummins Acquires Meritor To Expand Integrated Powertrain Solutions And Electrification Efforts

In August 2022, Cummins Inc., a US-based manufacturer of diesel engines used in commercial trucks, acquired Meritor Inc. for an undisclosed amount. Through this acquisition, Cummins aims to strengthen its position as a leading provider of integrated powertrain solutions, accelerate the development of decarbonized powertrain solutions, particularly in electrification, and leverage Cummins' global footprint to drive growth in Meritor's core axle and brake businesses. Meritor Inc. is a US-based automobile parts manufacturer for commercial vehicles and industrial markets and offers suspension solutions.

Regional Insights For The Global Automotive Air Suspension Market

Asia-Pacific was the largest region in the automotive air suspension market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive air suspension market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive air suspension market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive air suspension market includes revenues earned by entities by providing services such as load leveling, adaptive damping, off-road capability, enhanced handling and stability, and adjustable ride height. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive air suspension market also consists of sales of products including air springs, air compressors, air struts, air suspension controllers, and electronic control units. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The automotive air suspensions market research report is one of a series of new reports from The Business Research Company that provides automotive air suspensions market statistics, including automotive air suspensions industry global market size, regional shares, competitors with an automotive air suspensions market share, detailed automotive air suspensions market segments, market trends and opportunities, and any further data you may need to thrive in the automotive air suspensions industry. This automotive air suspensions market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Automotive Air Suspension Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$7.06 billion
Revenue Forecast In 2033	$9.29 billion
Growth Rate	CAGR of 7.1% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Control Type: Electronically Controlled Air Suspension, Non-Electronically Controlled Air Suspension 2) By Component: Air Springs, Shock Absorber, Compressor, Electronic Control Unit, Air Reservoir, Height And Pressure Sensor, Remote Control, Solenoid Valve, Other Component 3) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Bus And Coaches 4) By Sales Channel: Original Equipment Manufacturer, Aftermarket
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Hitachi Ltd., ZF Friedrichshafen AG, ThyssenKrupp AG, Continental AG, Hyundai Mobis, PACCAR Inc., Isuzu Motors Limited, Tenneco Inc., Nidec Corporation, Iveco S.p.A., DuPont de Nemours Inc., Hino Motors Ltd., Knorr-Bremse AG, Meritor Inc., Hendrickson USA L.L.C., Sogefi S.p.A., SAF-Holland S.A., Wheels India Limited, Magneti Marelli S.p.A., Stemco, Vibracoustics, Ridewell Corporation, Bilstein, Airlift Company, Firestone Industrial Products
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Automotive Air Suspension Market Characteristics

3. Automotive Air Suspension Market Trends And Strategies

4. Automotive Air Suspension Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Automotive Air Suspension Market Size and Growth

5.1. Global Automotive Air Suspension Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Automotive Air Suspension Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Automotive Air Suspension Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Automotive Air Suspension Market Segmentation

6.1. Global Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Electronically Controlled Air Suspension

Non-Electronically Controlled Air Suspension

6.2. Global Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Air Springs

Shock Absorber

Compressor

Electronic Control Unit

Air Reservoir

Height And Pressure Sensor

Remote Control

Solenoid Valve

Other Component

6.3. Global Automotive Air Suspension Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Passenger Vehicle

Light Commercial Vehicle

Heavy Commercial Vehicle

Bus And Coaches

6.4. Global Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Original Equipment Manufacturer

Aftermarket

7. Automotive Air Suspension Market Regional And Country Analysis

7.1. Global Automotive Air Suspension Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Automotive Air Suspension Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Automotive Air Suspension Market

8.1. Asia-Pacific Automotive Air Suspension Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Automotive Air Suspension Market

9.1. China Automotive Air Suspension Market Overview

9.2. China Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Automotive Air Suspension Market

10.1. India Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Automotive Air Suspension Market

11.1. Japan Automotive Air Suspension Market Overview

11.2. Japan Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Automotive Air Suspension Market

12.1. Australia Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Automotive Air Suspension Market

13.1. Indonesia Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Automotive Air Suspension Market

14.1. South Korea Automotive Air Suspension Market Overview

14.2. South Korea Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Automotive Air Suspension Market

15.1. Western Europe Automotive Air Suspension Market Overview

15.2. Western Europe Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Automotive Air Suspension Market

16.1. UK Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Automotive Air Suspension Market

17.1. Germany Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Automotive Air Suspension Market

18.1. France Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Automotive Air Suspension Market

19.1. Italy Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Automotive Air Suspension Market

20.1. Spain Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Automotive Air Suspension Market

21.1. Eastern Europe Automotive Air Suspension Market Overview

21.2. Eastern Europe Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Automotive Air Suspension Market

22.1. Russia Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Automotive Air Suspension Market

23.1. North America Automotive Air Suspension Market Overview

23.2. North America Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Automotive Air Suspension Market

24.1. USA Automotive Air Suspension Market Overview

24.2. USA Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Automotive Air Suspension Market

25.1. Canada Automotive Air Suspension Market Overview

25.2. Canada Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Automotive Air Suspension Market

26.1. South America Automotive Air Suspension Market Overview

26.2. South America Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Automotive Air Suspension Market

27.1. Brazil Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Automotive Air Suspension Market

28.1. Middle East Automotive Air Suspension Market Overview

28.2. Middle East Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Automotive Air Suspension Market

29.1. Africa Automotive Air Suspension Market Overview

29.2. Africa Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Automotive Air Suspension Market Competitive Landscape And Company Profiles

30.1. Automotive Air Suspension Market Competitive Landscape

30.2. Automotive Air Suspension Market Company Profiles

30.2.1. Hitachi Ltd.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. ZF Friedrichshafen AG

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. ThyssenKrupp AG

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Continental AG

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Hyundai Mobis

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Automotive Air Suspension Market Other Major And Innovative Companies

31.1. PACCAR Inc.

31.2. Isuzu Motors Limited

31.3. Tenneco Inc.

31.4. Nidec Corporation

31.5. Iveco S.p.A.

31.6. DuPont de Nemours Inc.

31.7. Hino Motors Ltd.

31.8. Knorr-Bremse AG

31.9. Meritor Inc.

31.10. Hendrickson USA L.L.C.

31.11. Sogefi S.p.A.

31.12. SAF-Holland S.A.

31.13. Wheels India Limited

31.14. Magneti Marelli S.p.A.

31.15. Stemco

32. Global Automotive Air Suspension Market Competitive Benchmarking

33. Global Automotive Air Suspension Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Automotive Air Suspension Market

35. Automotive Air Suspension Market Future Outlook and Potential Analysis

35.1 Automotive Air Suspension Market In 2028 - Countries Offering Most New Opportunities

35.2 Automotive Air Suspension Market In 2028 - Segments Offering Most New Opportunities

35.3 Automotive Air Suspension Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Automotive Air Suspension Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Automotive Air Suspension Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Automotive Air Suspension Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Hitachi Ltd. Financial Performance

Table 76: ZF Friedrichshafen AG Financial Performance

Table 77: ThyssenKrupp AG Financial Performance

Table 78: Continental AG Financial Performance

Table 79: Hyundai Mobis Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Automotive Air Suspension Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Automotive Air Suspension Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Automotive Air Suspension Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Automotive Air Suspension Market, Segmentation By Control Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Automotive Air Suspension Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Automotive Air Suspension Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Hitachi Ltd. Financial Performance

Figure 76: ZF Friedrichshafen AG Financial Performance

Figure 77: ThyssenKrupp AG Financial Performance

Figure 78: Continental AG Financial Performance

Figure 79: Hyundai Mobis Financial Performance

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Frequently Asked Questions

What is the definition of the automotive air suspension market?

How will the automotive air suspension market drivers and restraints affect the automotive air suspension market dynamics? What forces will shape the automotive air suspension industry going forward?

The automotive air suspension market major growth driver - Automotive Air Suspension Market Poised For Growth As Commercial Vehicle Sales Surge Globally. For further insights on the automotive air suspension market, request a sample here

What is the forecast market size or the forecast market value of the automotive air suspension market?

The automotive air suspension market size has grown strongly in recent years. It will grow from $6.6 billion in 2023 to $7.06 billion in 2024 at a compound annual growth rate (CAGR) of 7%. The growth in the historic period can be attributed to rising consumer demand for vehicle comfort and safety, an increase in the number of miles driven, a rise in demand for heavy commercial vehicles, an increase in demand for premium and luxury vehicles, and a lower interest rate. The automotive air suspension market size is expected to see strong growth in the next few years. It will grow to $9.29 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to favorable government policies and incentives, a surge in preference for electronically controlled air suspension systems, growing research and development abilities, rising production of vehicles, and increasing off-road recreational activities. Major trends in the forecast period include electronically controlled air suspension, lightweight air suspension components, modular air suspension designs, a higher adoption rate for technologically advanced systems, and regenerative air suspension. For further insights on the automotive air suspension market, request a sample here

How is the automotive air suspension market segmented?

The automotive air suspension market is segmented
1) By Control Type: Electronically Controlled Air Suspension, Non-Electronically Controlled Air Suspension
2) By Component: Air Springs, Shock Absorber, Compressor, Electronic Control Unit, Air Reservoir, Height And Pressure Sensor, Remote Control, Solenoid Valve, Other Component
3) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Bus And Coaches
4) By Sales Channel: Original Equipment Manufacturer, AftermarketFor further insights on the automotive air suspension market, request a sample here

Which region has the largest share of the automotive air suspension market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the automotive air suspension market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive air suspension market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the automotive air suspension market, request a sample here.

Who are the major players in the automotive air suspension market?

What are the key trends in the automotive air suspension market?

Major trend in the automotive air suspension market - Innovative Suspension Solutions Enhancing Comfort And Durability. For further insights on the automotive air suspension market, request a sample here.

What are the major opportunities in the automotive air suspension market? What are the strategies for the automotive air suspension market?

For detailed insights on the major opportunities and strategies in the automotive air suspension market, request a sample here.

How does the automotive air suspension market relate to the overall economy and other similar markets?

For detailed insights on automotive air suspension market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the automotive air suspension industry?

For detailed insights on the mergers and acquisitions in the automotive air suspension industry, request a sample here.

What are the key dynamics influencing the automotive air suspension market growth? SWOT analysis of the automotive air suspension market.

For detailed insights on the key dynamics influencing the automotive air suspension market growth and SWOT analysis of the automotive air suspension industry, request a sample here.