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. Passenger car air suspension is that air suspension used in place of passenger car.
An air suspension system in a passenger car is installed in order to have enhanced riding comfort as well as driving safety. Passenger cars that have an air suspension system installed can quickly and easily align themselves to the corresponding conditions of the terrain which they are currently driven on.
In the early 30s last century, American Firestone tire company firstly applied air suspension in car industry. In 1944 General motor company cooperated with Firestone Company on air suspension application in passenger car for first trial. The trial result showed air suspension system had inherent superiority.
Luxury passenger cars such as Mercedes-Benz, Audi, and BMW are increasingly demanded from regions such as Germany and China. The Americas also contribute significantly to the market segment, with the number of passenger cars equipped with air suspension expected to hit 0.81 million units by 2022 with the CAGR of 7.5% from 2017-2022. Market growth is primarily driven by growing concern for comfort and luxury.
According to this study, over the next five years the Passenger Car Air Suspension market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 1040 million by 2024, from US$ 810 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Passenger Car Air Suspension business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Passenger Car Air Suspension market by product type, application, key manufacturers and key regions and countries.
This study considers the Passenger Car Air Suspension value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Electronically Controlled Air Suspension
Non-Electronically Controlled Air Suspension
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Sedan
SUV
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Continental
Wabco
Firestone
ThyssenKrupp Bilstein
Hitachi
Dunlop
BWI Group
Accuair Suspension
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Passenger Car Air Suspension consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Passenger Car Air Suspension market by identifying its various subsegments.
Focuses on the key global Passenger Car Air Suspension manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Passenger Car Air Suspension with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Passenger Car Air Suspension submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Passenger Car Air Suspension Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Passenger Car Air Suspension Consumption 2014-2024
2.1.2 Passenger Car Air Suspension Consumption CAGR by Region
2.2 Passenger Car Air Suspension Segment by Type
2.2.1 Electronically Controlled Air Suspension
2.2.2 Non-Electronically Controlled Air Suspension
2.3 Passenger Car Air Suspension Consumption by Type
2.3.1 Global Passenger Car Air Suspension Consumption Market Share by Type (2014-2019)
2.3.2 Global Passenger Car Air Suspension Revenue and Market Share by Type (2014-2019)
2.3.3 Global Passenger Car Air Suspension Sale Price by Type (2014-2019)
2.4 Passenger Car Air Suspension Segment by Application
2.4.1 Sedan
2.4.2 SUV
2.4.3 Others
2.5 Passenger Car Air Suspension Consumption by Application
2.5.1 Global Passenger Car Air Suspension Consumption Market Share by Application (2014-2019)
2.5.2 Global Passenger Car Air Suspension Value and Market Share by Application (2014-2019)
2.5.3 Global Passenger Car Air Suspension Sale Price by Application (2014-2019)
3 Global Passenger Car Air Suspension by Players
3.1 Global Passenger Car Air Suspension Sales Market Share by Players
3.1.1 Global Passenger Car Air Suspension Sales by Players (2017-2019)
3.1.2 Global Passenger Car Air Suspension Sales Market Share by Players (2017-2019)
3.2 Global Passenger Car Air Suspension Revenue Market Share by Players
3.2.1 Global Passenger Car Air Suspension Revenue by Players (2017-2019)
3.2.2 Global Passenger Car Air Suspension Revenue Market Share by Players (2017-2019)
3.3 Global Passenger Car Air Suspension Sale Price by Players
3.4 Global Passenger Car Air Suspension Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Passenger Car Air Suspension Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Passenger Car Air Suspension Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Passenger Car Air Suspension by Regions
4.1 Passenger Car Air Suspension by Regions
4.1.1 Global Passenger Car Air Suspension Consumption by Regions
4.1.2 Global Passenger Car Air Suspension Value by Regions
4.2 Americas Passenger Car Air Suspension Consumption Growth
4.3 APAC Passenger Car Air Suspension Consumption Growth
4.4 Europe Passenger Car Air Suspension Consumption Growth
4.5 Middle East & Africa Passenger Car Air Suspension Consumption Growth
5 Americas
5.1 Americas Passenger Car Air Suspension Consumption by Countries
5.1.1 Americas Passenger Car Air Suspension Consumption by Countries (2014-2019)
5.1.2 Americas Passenger Car Air Suspension Value by Countries (2014-2019)
5.2 Americas Passenger Car Air Suspension Consumption by Type
5.3 Americas Passenger Car Air Suspension Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Passenger Car Air Suspension Consumption by Countries
6.1.1 APAC Passenger Car Air Suspension Consumption by Countries (2014-2019)
6.1.2 APAC Passenger Car Air Suspension Value by Countries (2014-2019)
6.2 APAC Passenger Car Air Suspension Consumption by Type
6.3 APAC Passenger Car Air Suspension Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Passenger Car Air Suspension by Countries
7.1.1 Europe Passenger Car Air Suspension Consumption by Countries (2014-2019)
7.1.2 Europe Passenger Car Air Suspension Value by Countries (2014-2019)
7.2 Europe Passenger Car Air Suspension Consumption by Type
7.3 Europe Passenger Car Air Suspension Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Passenger Car Air Suspension by Countries
8.1.1 Middle East & Africa Passenger Car Air Suspension Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Passenger Car Air Suspension Value by Countries (2014-2019)
8.2 Middle East & Africa Passenger Car Air Suspension Consumption by Type
8.3 Middle East & Africa Passenger Car Air Suspension Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Passenger Car Air Suspension Distributors
10.3 Passenger Car Air Suspension Customer
11 Global Passenger Car Air Suspension Market Forecast
11.1 Global Passenger Car Air Suspension Consumption Forecast (2019-2024)
11.2 Global Passenger Car Air Suspension Forecast by Regions
11.2.1 Global Passenger Car Air Suspension Forecast by Regions (2019-2024)
11.2.2 Global Passenger Car Air Suspension Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Passenger Car Air Suspension Forecast by Type
11.8 Global Passenger Car Air Suspension Forecast by Application
12 Key Players Analysis
12.1 Continental
12.1.1 Company Details
12.1.2 Passenger Car Air Suspension Product Offered
12.1.3 Continental Passenger Car Air Suspension Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 Continental News
12.2 Wabco
12.2.1 Company Details
12.2.2 Passenger Car Air Suspension Product Offered
12.2.3 Wabco Passenger Car Air Suspension Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Wabco News
12.3 Firestone
12.3.1 Company Details
12.3.2 Passenger Car Air Suspension Product Offered
12.3.3 Firestone Passenger Car Air Suspension Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Firestone News
12.4 ThyssenKrupp Bilstein
12.4.1 Company Details
12.4.2 Passenger Car Air Suspension Product Offered
12.4.3 ThyssenKrupp Bilstein Passenger Car Air Suspension Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 ThyssenKrupp Bilstein News
12.5 Hitachi
12.5.1 Company Details
12.5.2 Passenger Car Air Suspension Product Offered
12.5.3 Hitachi Passenger Car Air Suspension Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 Hitachi News
12.6 Dunlop
12.6.1 Company Details
12.6.2 Passenger Car Air Suspension Product Offered
12.6.3 Dunlop Passenger Car Air Suspension Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Dunlop News
12.7 BWI Group
12.7.1 Company Details
12.7.2 Passenger Car Air Suspension Product Offered
12.7.3 BWI Group Passenger Car Air Suspension Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 BWI Group News
12.8 Accuair Suspension
12.8.1 Company Details
12.8.2 Passenger Car Air Suspension Product Offered
12.8.3 Accuair Suspension Passenger Car Air Suspension Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Accuair Suspension News
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Passenger Car Air Suspension
Table Product Specifications of Passenger Car Air Suspension
Figure Passenger Car Air Suspension Report Years Con