1 / 8

Air Spring Market: Trends and Innovations

According Next Move Strategy Consulting, the global Air Springs Market size is predicted to reach USD 11.50 billion with a CAGR of 6.3% till 2030.

akansha123456
Download Presentation

Air Spring Market: Trends and Innovations

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Air Springs Market The Air Springs Market size is predicted to reach USD 11.50 billion with a CAGR of 6.3% by 2030. Next Move Strategy Consulting

  2. 01 02 03 04 05 Table Of Market Overview Content Market Segmentation Regional Analysis Key Market Players Key Highlights Next Move Strategy Consulting

  3. Market Overview • An air spring is a load-carrying component of an air suspension that is used in automobiles to provide comfort while driving. • The air springs system present in vehicles is powered by an electric or engine-driven air pump or compressor. The primary objective of an air spring is to absorb shock and reduce linear vibrations faced by a vehicle or machinery. • Increasing sales of commercial vehicles and increasing demand for premium segment vehicles in turn increases the demand for automotive components such as air springs, fuel gauges, and air bags. • Vehicle manufacturers are developing advanced air springs that facilitate enhanced air suspension for racing trucks, further bolstering market growth. • The high installation cost of air spring systems in vehicles and the increase in maintenance cost of advanced suspension systems are the factors that are expected to restrain the growth of the air springs market during the forecast period. Next Move Strategy Consulting

  4. Market Segmentation • By Product Type • Single Convolute • Multi Convolute • Sleeve • Rolling Lobe • By Sales Channel • OEM • Aftermarket • By Technology • Non-Electronically Operated • Electronically Operated • By Force • Less than 1500 • 1500-2100 • 2100-3300 • 3300-7300 • 7300-8800 • 8800-10000 • Above 10000 • By End-User Application • Passenger Cars • Buses • Trailer & Trucks • Light Commercial Vehicle • Railways • Industrial Lifts & Earthmovers Next Move Strategy Consulting

  5. Regional Analysis • North America • The U.S. • Canada • Mexico • Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific • RoW • UAE • Saudi Arabia • South Africa • Brazil • Remaining Countries • Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands • Finland • Sweden • Norway • Russia Next Move Strategy Consulting

  6. Key Market Players • Mando Corporation • Bridgestone IN • Firestone Industrial Products, LLC • Hitachi, Ltd. • Continental AG • ZF Commercial Vehicle Control Systems • Trelleborg Vibracoustic • ThyssenKrupp AG • Hendrickson International • Dunlop Systems and Components Next Move Strategy Consulting

  7. Key Highlights • Automotive Applications: Air springs are increasingly used in passenger cars, trucks, and buses for improved ride comfort and handling. The shift towards electric vehicles also boosts demand for air suspension systems. • Railway Industry: Air springs play a crucial role in enhancing ride quality and safety in railway vehicles, leading to their growing adoption in this sector. • Industrial Uses: Industries such as construction and aerospace are leveraging air springs for vibration isolation and load support, further driving market growth. • Technological Innovations: Advancements in materials and design are leading to more efficient and durable air springs, increasing their appeal. Next Move Strategy Consulting

  8. Follow us THANK YOU Next Move Strategy Consulting www.nextmsc.com info@nextmsc.com +1-217-650-7991 Access Full Report - https://www.nextmsc.com/report/air-springs-market Next Move Strategy Consulting

More Related