Global Automotive Air Suspension Market

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Global Automotive Air Suspension Market
Global Automotive Air Suspension Market
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Global Automotive Air Suspension Market
According to the report by Renub Research, titled
Automotive Air Suspension Market, Global
Forecast, Impact of Coronavirus, Industry Trends,
Growth, Opportunity, Company Analysis the Global
Automotive Air Suspension Market is projected to
reach US 9.13 Billion by 2027. Suspensions play
a pivotal role in-vehicle comfort and handling.
An automotive air suspension system is a vehicle
suspension powered by an electric pump or
compressor that pumps air into flexible bellows
typically made out of a textile-reinforced kind
of rubber. It is used in vehicles to provide
support to drivers while driving. The automotive
air suspension decreases noise and vibration and
increases the capacity to transport loads by
leveling the suspension. Factors Driving
Automotive Air Suspension Industry Notwithstandin
g, the rise in global commercial vehicle sales
and demand for premium and luxury vehicles make
the automotive air suspension industry grow.
Further, the improvement in demand for
lightweight air suspension systems and rising
aftermarket demand for air suspension and related
components is to create numerous opportunities
for the growth and expansion of the air
suspension market.
Global Automotive Air Suspension Market
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Global Automotive Air Suspension Market
Electronic Suspension are Technologically
Superior to Conventional Air Suspensions On the
basis of technology, automotive air suspension
includes Electronic and Non- Electronic. The
electronically controlled air suspension system
is essentially a computer-controlled system that
can adjust the ride characteristics and
performance of the vehicle. Unlike conventional
air suspensions, an electronic suspension
modifies the shocks and struts electronically to
ensure a smooth ride. Furthermore, automotive
air suspension has a higher installation in cars
and heavy vehicles like buses, trucks, and Light
Commercial Vehicles. Many luxury passenger cars
are being released with electronically controlled
air suspension, such as Mercedes S-Class, Audi
A8, Land Rover Discovery, Porsche Cayenne, and
Volkswagen Touareg, are some of many models. Air
Springs has advantages over Conventional Coil
Sprig The air suspension system consists of
different components, such as Air Spring, Shock
Absorber, Air Compressor, Electronic Control Unit
(ECU), Tank, Solenoid Valve, Height Pressure
Sensor,
Global Automotive Air Suspension Market
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Global Automotive Air Suspension Market
Others. Air suspension helps improve the
vehicle's driving comfort with increased
stability and reduced fuel consumption. Air
Springs have more capacities than conventional
coil springs. Vehicles maintain constant levels
with air suspension, regardless of the amount of
load applied to them. Besides, the ECU comprises
a memory, microprocessor, input conditioners, and
output drivers. ECU is a vital component of an
electronically controlled air automotive
suspension system that offers better vibration
absorption and enhanced performance. Automotive
Air Suspension rate is high in Asia-Pacific In
the Asia Pacific, automotive air suspension
systems are witnessing a tremendous upsurge owing
to gaining consciousness regarding vehicle safety
and increasing sales of luxury vehicles. These
systems play an essential role in maintaining
vehicle tires in contact with the road. South
Korea, China, and Japan are the leading
vehicle-producing countries in the region. The
growth of China's automotive air suspension
industry is primarily associated with higher
vehicle production and foreign direct investments
(FDIs) in alliances and joint ventures between
international OEMs and Chinese partners.
Global Automotive Air Suspension Market
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Global Automotive Air Suspension Market
Although, Europe is to lead the automotive air
suspension market due to its tremendous adoption
rate of air suspension across all vehicle types.
Light-duty vehicles such as Audi, Mercedes-Benz,
BMW, Porsche, and Land Rover offer ECAS
technology in select models to improve benefits
such as height-raising and lowering options.
Remarkably, technology-driven suppliers such as
ThyssenKrupp, Continental, and SAF-Holland are
continually making efforts to introduce the
latest technology in the domain of air suspension
for light and heavy-duty vehicles in this
region. COVID-19 Scenario on Automotive Air
Suspension Market The COVID-19 crisis has
compelled all automotive-related companies to put
their workforces on clasp during the lockdowns.
The impact is visible on the auto industry as
many companies suffered disturbances with their
production activities and supply chain.
Manufacturing activities have been suspended due
to a shortage of disrupted supply chain, raw
materials and lockdown inflicted by the
government. Research and development projects
have been resumed due to a shortage of access to
resources, and manufacturers have delayed new
product launches.
Global Automotive Air Suspension Market
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Global Automotive Air Suspension Market

• Key Players Operating in the Automotive Air
  Suspension Market
• Some influential organizations present in the
  automotive air suspension market include BWI
  Group, Continental AG, Hitachi Ltd., ThyssenKrupp
  AG, Mando Corporation and WABCO Acquired by ZF
  Friedrichshafen AG. For instance, in 2020, ZF
  Friedrichshafen AG successfully acquired
  commercial vehicle technology supplier WABCO,
  getting approval from all required regulatory
  authorities.
• Market Summary
• Technology We have covered Automotive Air
  Suspension Market breakup by 2 viewpoints by
  technology (Electronic Non- Electronic)
• Application This report covered the Application
  in the 4 segments (Cars, Trucks, Buses, and Light
  Commercial Vehicles)

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Global Automotive Air Suspension Market
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Global Automotive Air Suspension Market

• Component Renub Research Report covered by
  Component in the 8 viewpoints (Air Spring, Shock
  Absorber, Air Compressor, Electronic Control Unit
  (ECU), Tank, Solenoid Valve, Height Pressure
  Sensor, Others)
• Regions Our Report covered the Automotive Air
  Suspension Market breakup by 4 Regions (North
  America, Europe, Asia Pacific, and Rest of World)
• All the major players have been covered from 3
  Viewpoints (Overview, Recent Development, and
  Revenue Analysis) BWI Group, Continental AG,
  Hitachi Ltd., Mando Corporation, ThyssenKrupp AG
  and WABCO Acquired by ZF Friedrichshafen AG

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Global Automotive Air Suspension Market
Global Automotive Air Suspension Market
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Global Automotive Air Suspension Market