Title: Air Suspension Market
1Air Suspension Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2023-2028
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Air Suspension Market size is forecast to reach
8.6 billion by 2026, after growing at a CAGR of
3.8 during 2021-2026. The rise in technological
advancements such as the introduction of chassis
air suspension control, electronically controlled
air suspension system (ECAS), electronic air
suspension system (EASS) and non-electronically
controlled air suspension system that is fueling
the air suspension market in recent years.
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- Key Takeaways
- Europe dominates the air suspension market owing
to increasing adoption of electronically
controlled air suspension across all the vehicle
types - The growing advancement in air supply modules and
associated control technologies by vehicle
manufacturers are leading to the introduction of
electronically and non-electronically controlled
air suspension system in automotive. These
technologies are highly gaining popularity and is
likely to aid in the market growth of air
suspension. - The major drawback that creates hurdles for the
air suspension market is the expensive
maintenance and installation.
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By Distribution Channel- Segment
Analysis Electronically Controlled Air
Suspension technology has been the primary factor
that is fueling the market for air suspension.
This segment held the highest share at 69.7 in
2020. Due to the increasing development and
changes in technology, the need for fast,
precision-based technology that includes advanced
electronics for controlling everything including
ride height, bag pressure and smooth and
controlled drive has been growing. The growing
installation rates of air suspension system in
commercial vehicles such as semi-trailers and
multi-axle buses will boost the market for air
suspension.
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- Air Suspension Market Industry Outlook
- Continental AG
- ThyssenKrupp AG
- Firestone Industrial Products
- Hitachi Ltd.
- SAF-Holland
- Hendrickson International Corporation
- Accuair Suspension
- Mando Corporation
- Wabco Holdings Inc.
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Air Suspension Market - Forecast(2023 -
2028) Learn More About the Report _at_
https//www.industryarc.com/Research/Air-Suspensio
n-Market-Research-501142
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com