Air Suspension Market Size, Share | Forecast 2030
The Air Suspension market is projected to reach USD 13.9 billion by 2030 from USD 10.0 billion in 2024, at a CAGR of 5.6%.
The rising sales of luxury passenger vehicles, including SUVs, sedans, and electric vehicles, are expected to boost the global demand for passenger car air suspension systems. Similarly, with enhanced ride comfort, increased load capacity, and growing demand for heavy commercial...
Air Suspension Market Size, Share, Trends, Outlook & Forecast 2027
The Air Suspension market is projected to reach USD 21.8 billion by 2027 from USD 17.8 billion in 2022, at a CAGR of 4.2%.
Electric & hybrid buses would lead the market demand for air suspension systems
Stringent emission & fuel efficiency regulations and stiff competition have compelled OEMs to make fuel-efficient and clean energy vehicles. Electrification and hybridization are ways...
Global Air Suspension Market Size, Share, Trends and Industry Forecast 2027
The Air Suspension market is projected to reach USD 21.8 billion by 2027 from USD 17.8 billion in 2022, at a CAGR of 4.2%.
Electric & hybrid buses would lead the market demand for air suspension systems
Stringent emission & fuel efficiency regulations and stiff competition have compelled OEMs to make fuel-efficient and clean energy vehicles. Electrification and hybridization are ways...
Air Suspension Market Share, Trends, Outlook, Size 2027
The air suspension market is projected to grow from USD 17.8 billion in 2022 to USD 21.8 billion by 2027, at a CAGR of 4.2% during the forecast period. Automotive OEMs are investing in R&D activities to introduce innovative suspension systems to enhance ride comfort. For example, in August 2020, The commercial vehicle control systems division of ZF Friedrichshafen AG in India designed air suspension...
Air Suspension Market Share, Trends, Outlook, Size 2027
The air suspension market is projected to grow from USD 17.8 billion in 2022 to USD 21.8 billion by 2027, at a CAGR of 4.2% during the forecast period. Automotive OEMs are investing in R&D activities to introduce innovative suspension systems to enhance ride comfort. For example, in August 2020, The commercial vehicle control systems division of ZF Friedrichshafen AG in India designed air suspension...
Air Suspension Market Share, Trends, Outlook, Size 2027
The Air Suspension market is projected to reach USD 21.8 billion by 2027 from USD 17.8 billion in 2022, at a CAGR of 4.2%.
Electric & hybrid buses would lead the market demand for air suspension systems
Stringent emission & fuel efficiency regulations and stiff competition have compelled OEMs to make fuel-efficient and clean energy vehicles. Electrification and hybridization are ways...