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.
The global Passenger Car Air Suspension market is valued at 810 million US$ in 2017 and will reach 1120 million US$ by the end of 2025, growing at a CAGR of 4.1% during 2018-2025.
The major manufacturers covered in this report
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Electronically Controlled Air Suspension
Non-Electronically Controlled Air Suspension
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
The study objectives of this report are:
To analyze and study the global Passenger Car Air Suspension capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Passenger Car Air Suspension manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
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.
In this study, the years considered to estimate the market size of Passenger Car Air Suspension are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Passenger Car Air Suspension Manufacturers
Passenger Car Air Suspension Distributors/Traders/Wholesalers
Passenger Car Air Suspension Subcomponent Manufacturers
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Passenger Car Air Suspension market, by end-use.
Detailed analysis and profiles of additional market players.