Air springs are load-carrying rubber components constructed of a hollow rubber bellow sealed to metal plates attached at the top and bottom. Through the use of air compression, air springs dampen shock and vibration.
With a macro-economic perspective, healthy economic growth across geographies is expected to create business opportunities over the forecast period. Increasing penetration of air suspension system into passenger cars and commercial vehicles is projected to turnout as a primary factor supplementing demand for air spring. Over the past decade, sales of luxury vehicles has registered an upsurge, both in developing and developed nations, the preference for luxurious vehicles is not just limited to passenger cars, but also there has been significant demand for luxurious buses and performance trucks. Many OEMs equip these categories with novel air suspension system and thus turn out to be consumers of air springs. The global air spring market is projected to witness increasing adoption of electronically controlled systems, this trend is expected to continue throughout the forecast period. However, consumption of non-electronically controlled systems is expected to remain dominant.
In 2019, the market size of Air Spring is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Air Spring.
This report studies the global market size of Air Spring, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Air Spring production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Continental
Firestone Industrial Products Company
Hendrickson USA
Wabco Holdings
AccuAir Suspension
Dunlop Systems and components
Mando Corp
BWI Group
Tata AutoComp Systems
VB-Airsuspension
VDL Weweler-Colaert
Market Segment by Product Type
Convoluted Bellows
Rolling Lobe Bellows
Sleeve Bellows
Market Segment by Application
Passenger Car
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Air Spring status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Air Spring manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Air Spring are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Air Spring. Industry analysis & Market Report on Air Spring is a syndicated market report, published as Global (United States, European Union and China) Air Spring Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Air Spring market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.