Covid-19 Impact on Air Suspension Market, Global Research Reports 2020-2021
Air suspension is a type of vehicle suspension powered by an electric or engine-driven air pump or compressor. This compressor pumps the air into a flexible bellows, usually made from textile-reinforced rubber. The air pressure inflates the bellows, and raises the chassis from the axle.
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.
This report provides a complete quantitative data and qualitative analysis on the global market for Air Suspension. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Prior to COVID-19, the global market for Air Suspension was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Air Suspension is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.
This report covers market size and forecasts of Air Suspension, including the following market information:
Global Air Suspension Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Air Suspension Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Air Suspension Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Air Suspension Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K Units)
Key market players
Major competitors identified in this market include Continental, Wabco, Firestone, ThyssenKrupp Bilstein, Hitachi, Dunlop, BWI Group, Accuair Suspension, Hendrickson, Mando, etc.
Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)
Based on the Type:
Electronically Controlled Air Suspension System
Non-Electronically Controlled Air Suspension System
Based on the Application:
Passenger Cars
LCVs
Trucks
Buses
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.
This report provides a complete quantitative data and qualitative analysis on the global market for Air Suspension. Market size is analysed by country, product type, application, and competitors. Expanded coverage includes additional end-user industry breakdowns and in-depth producer profiles.
Prior to COVID-19, the global market for Air Suspension was anticipated to grow from US$ XX million in 2020 to US$ XX million by 2026; it is expected to grow at a CAGR of xx% during 2021–2026, whereas post-COVID-19 scenario, the market for Air Suspension is projected to grow from US$ XX million in 2020 (a change by ~XX% compared to market estimated for 2020 before the outbreak of COVID-19) to US$ XX billion by 2026; it is expected to grow at a CAGR of XX% during 2021–2026.
This report covers market size and forecasts of Air Suspension, including the following market information:
Global Air Suspension Market Size, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Air Suspension Market Size by Type and by Application, 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Air Suspension Market Size by Region (and Key Countries), 2019-2021, and 2020 (quarterly data), (US$ Million) & (K Units)
Global Air Suspension Market Size by Company, 2019- 2020 (quarterly data), (US$ Million) & (K Units)
Key market players
Major competitors identified in this market include Continental, Wabco, Firestone, ThyssenKrupp Bilstein, Hitachi, Dunlop, BWI Group, Accuair Suspension, Hendrickson, Mando, etc.
Based on the Region:
Asia-Pacific (China, Japan, South Korea, India and ASEAN)
North America (US and Canada)
Europe (Germany, France, UK and Italy)
Rest of World (Latin America, Middle East & Africa)
Based on the Type:
Electronically Controlled Air Suspension System
Non-Electronically Controlled Air Suspension System
Based on the Application:
Passenger Cars
LCVs
Trucks
Buses
Frequently Asked Questions
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