エアサスペンション市場 – 2030年までの世界予測

Air Suspension Market - Global Forecast To 2030

エアサスペンション市場 - コンポーネント (エアスプリング、コンプレッサー、ECU、タンク、ソレノイドバルブ、高さおよび圧力センサー)、テクノロジー (電動、非電動)、キャブサスペンション、車両タイプ (リジッド、セミトレーラー)、アフターマーケットおよび地域別 - 2030年までの世界予測
Air Suspension Market by Component (Air Spring, Compressor, ECU, Tank, Solenoid Valve, Height & Pressure Sensor), Technology (Electric, Non-Electric), Cab Suspension, Vehicle Type (Rigid, Semi-trailers), Aftermarket & Region - Global Forecast to 2030
出版社MarketsandMarkets
出版年月2024年8月
ページ数282
図表数361
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global Air Suspension Market is expected to grow from USD 10.0 billion in 2024 to 13.9 billion by 2030, it is projected to grow at a CAGR of 5.6% in the forecast period.

世界のエアサスペンション市場は、2024年の100億ドルから2030年までに139億ドルに成長すると予想されており、予測期間中に5.6%のCAGRで成長すると予測されています。

エアサスペンション市場 - 2030年までの世界予測

There is a rise in demand for heavy vehicles in the APAC and North American markets owing to economic growth, infrastructural developments, and e-commerce activities. According to OICA, the production of trucks in North America has increased from 388,244 units in 2020 to 562,244 units in 2023, at a growth rate of 45% from 2020 to 2023. This growing production of trucks will directly impact the demand for air suspension systems. Most heavy trucks are equipped with air suspension systems because trucks often carry heavy and variable loads, which can significantly affect the truck’s stability and handling. Air suspension systems in trucks automatically regulate the ride height and stiffness according to the load, ensuring optimal performance and safety. Further, air suspension systems require ample space, and trucks are well-suited for installing air suspension systems.  Thus, the demand for heavy commercial vehicles, including trucks and buses, will rise in the coming years.

エアサスペンション市場 - 2030年までの世界予測 ecosystem

In addition to this, the demand for premium vehicles has continuously grown in developed and developing countries with increasing disposable income, improving infrastructure, rising brand awareness, and growing competition among OEMs to offer enhanced features. Some premium cars, mainly from Class E& F segments, are fitted with air suspension systems for better ride and comfort. This will subsequently prompt the growth of the air suspension market in the passenger vehicle segment.

“The Electronically controlled Air Suspension accounted for the largest and fastest in the technological segment in the air suspension market during the forecast period.”

The electronically controlled air suspension is experiencing rapid growth and gaining popularity in the air suspension market. The adoption rate of air suspension in Europe for Trucks and buses stood at>80% in 2023. Volvo, Daimler AG, Scania, and MAN offer electronically controlled systems for trucks and buses in the European market.  The electronically controlled air suspension has advanced software and sensors that allow real-time adjustments to the suspension settings based on the road conditions, load, and vehicle speed. This results in a smooth and comfortable ride, which is very much valued in luxury and premium cars and long-haul trucks. These systems can optimize vehicle stability and handling by adjusting the air suspension to maintain the ideal height and reducing the chances of body roll during cornering. This real-time suspension height adjustment also improves the vehicle’s aerodynamics by reducing its height at fast speeds and increasing it at slower speeds. Aerodynamics, in turn, helps improve the overall performance and efficiency of the vehicle by reducing drag. The electronically controlled air suspension also provides drivers a higher degree of customization (e.g., comfort, sport, off-road) depending on their needs.

The demand for luxury passenger cars has grown significantly globally in recent years. The production of luxury passenger cars has grown from 3,758 thousand units in 2020 to 5,322 thousand units in 2023 at a growth rate of 12.3% from 2020 to 2023. As the cost of electronically controlled air suspension is higher than that of non-electronically air suspension systems, the usage of ECAS is found to have a higher installation rate in luxury vehicles. Thus, with the growing adoption of luxury vehicles in most developing Asian countries like China and India with higher populations, the market for passenger cars fitted with electronically controlled air suspension is likely to demonstrate a promising business in upcoming years.

“The passenger car segment is expected to be the fastest growing air suspension market.”

The passenger car segment is estimated to be the fastest air suspension system market due to the maximum share across all vehicle types. The need for enhanced ride comfort in passenger cars has surged, primarily due to consumer expectations for a smoother and quieter ride. Innovations in vehicle design, suspension systems, and interior materials have significantly reduced noise, vibration, and harshness (NVH), improving overall comfort. Further, SUV cars have shown a noticeable shift in the passenger vehicles segment in the last few years. For instance, SUVs accounted for 48% of global car sales in 2023, and the production of SUVs in Asia Pacific increased from 15,998 units in 2020 to 22,956 units in 2023. The rise in SUV popularity, driven by their spaciousness and comfort, has led automakers to prioritize the development of suspension systems tailored to the specific dynamics and weight distribution of these larger vehicles. This focus aims to improve the overall ride comfort of SUVs. Some SUVs from Mercedes-Benz, BMW, and Range Rover have electronically controlled air suspension systems to enhance traction and stability, particularly in adverse weather or off-road situations. Asia Pacific region accounted for the largest demand for SUVs. This growing demand for SUVs will fuel the air suspension system market in the coming years. In addition to this, increasing sales of premium passenger cars is also expected to boost the demand for air suspension systems, as most premium cars are equipped with electronically controlled air suspension systems.

Furthermore, the rise of electric and hybrid vehicles, which often emphasize the use of advanced technology and comfort, has spurred the demand for electronically controlled air suspensions. These vehicles benefit from the weight management and weight-balancing capabilities of ECAS, which enhances the range and performance of the vehicle. Thus, with the rise in the production and sales of SUV categories,  consumer focus on ride comfort, and growing premium car sales are expected to boost the demand for the air suspension systems market in the coming years.

“North America is the second largest market for air suspension.”

During the forecast period, North America is expected to hold the 2nd largest market share in the air suspension system market. The North American automotive industry consists of developed economies in Canada, the US, and Mexico, dominated by established OEMs such as Tesla, Inc. (US), Ford Motor Company (US), and General Motors (GM) (United States). North America accounted for the largest market for heavy commercial vehicle demand. According to OICA, the sales of heavy commercial vehicles, including light commercial vehicles, buses & coaches, and trucks, increased from 13,192 thousand units in 2020 to 15,211 thousand units in 2023. General Motors, Ford Motor Company Ltd, Volvo Group, Freightliner Trucks, and PACCAR are some OEMs for North American heavy commercial trucks and buses.  These OEMs offer premium vehicle models in the North American market, such as Volvo VNL and VNR Series,  Volvo 9700 bus, Freightliner Cascadia, and Freightliner 122SD. These premium models from these OEMs are fitted with electronically controlled air suspension systems.

Moreover, North America is a hub of the markets for premium and luxury vehicles, majorly equipped with air suspension systems as consumers of this region prioritize comfort, performance, and technological advancement, which makes all desire air suspensions. Commercial vehicles—trucks and buses—are also exceedingly well connected in North America. Air suspensions on public transit buses will also include load management, improve ride quality, and increase vehicle stability and safety. North American automakers and suppliers are also state-of-the-art in the innovations of automotive technology; therefore, there is a strong integration of advanced systems such as electronic control over air suspension to make it better for the vehicle in terms of stability, comfort, and safety. Air suspensions are favored due to the variety of terrains across North America. These factors collectively boost the air suspension market in different vehicle segments.

The breakup of primary respondents

  • By Company:   Tier 1 – 70%, Tier 2 – 15%,  OEMs -15%
  • By Designation: C level Executives – 25%, Director Level – 50%, Others – 25%
  • By Region: North America – 25% Europe – 30%, Asia Pacific – 45%

エアサスペンション市場 - 2030年までの世界予測 region

The automotive air suspension market is dominated by global players and comprises several regional players, including ZF Friedrichshafen AG (Germany), Continental AG (Germany), ThyssenKrupp AG (Germany), and Meritor, Inc. (US), SAF-Holland SE (Germany). The study includes an in-depth competitive analysis of these key players in the automotive suspension market with their company profiles, MnM view of the top five companies, recent developments, and key market strategies.

Research Coverage

The study’s primary objective is to define, describe, and forecast the air suspension market by value and volume. The study segments the air suspension market by technology (electronically controlled and non-electronically controlled), component (air springs, shock absorber, compressor, electronic control unit, air reservoir, height sensors, solenoid valves, and pressure sensors), vehicle type (light-duty vehicles, trucks, and buses), cabin air suspension by vehicle type (rigid trucks and semi-trailers), electric and hybrid HDVs (trucks and buses) and region (North America, Europe, Asia Pacific, and RoW). The study also covers the aftermarket by component (air bellows and shock absorber bushes). It analyzes the opportunities offered by various market segments to the stakeholders. It tracks and analyzes competitive developments such as market ranking analysis, expansions, joint ventures, acquisitions, and other activities carried out by key industry participants.

Reasons to buy this report:

This report offers comprehensive analyses of market share and supply chains and detailed information on component manufacturers. It is designed to aid market leaders and new entrants by providing precise revenue estimates for the overall automotive Air suspension market. Additionally, the report helps stakeholders understand the market dynamics, highlighting key drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Rising global commercial vehicle sales, Demand for premium and luxury vehicles, Enhanced Ride Comfort and Stability, Technological Advancements), restraints (High development and adoption costs, High Installation, Maintenance and Repair Cost), opportunities (Increasing demand for lightweight air suspension systems, Aftermarket demand for air suspensions and related components, Expansion of Electric and Autonomous Vehicles), and challenges (Presence of local suppliers, Durability and Reliability Concerns, Limited Adoption in Certain Segments ) are fueling the demand of the Air Suspension systems.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the automotive air suspension market, such as using various materials to design the components, such as plastics and carbon fiber.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the automotive air suspension market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the automotive Air Suspension market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the automotive Air Suspension market, such as ZF Friedrichshafen (Germany), ThyssenKrupp (Germany), Continental AG (Germany), Mando Corporation (South Korea), and Cummins-Meritor INC (US).

Table of Contents

1            INTRODUCTION            26

1.1         STUDY OBJECTIVES      26

1.2         MARKET DEFINITION   26

1.2.1      INCLUSIONS AND EXCLUSIONS 27

1.3         STUDY SCOPE  28

1.3.1      MARKETS COVERED     28

1.3.2      YEARS CONSIDERED     29

1.4         CURRENCY CONSIDERED          29

1.5         UNIT CONSIDERED       31

1.6         STAKEHOLDERS            31

1.7         SUMMARY OF CHANGES            31

2            RESEARCH METHODOLOGY     32

2.1         RESEARCH DATA           32

2.1.1      SECONDARY DATA       33

2.1.1.1   Secondary sources referred to for estimating vehicle production 34

2.1.1.2   Secondary sources referred to for estimating air

suspension market size       35

2.1.1.3   Key data from secondary sources     35

2.1.2      PRIMARY DATA 36

2.1.2.1   Primary participants          36

2.1.2.2   Breakdown of primary interviews     37

2.1.3      SAMPLING TECHNIQUES AND DATA COLLECTION METHODS 37

2.2         MARKET SIZE ESTIMATION       38

2.2.1      BOTTOM-UP APPROACH           40

2.3         DATA TRIANGULATION             41

2.4         RESEARCH ASSUMPTIONS AND ASSOCIATED RISKS       42

2.5         RESEARCH LIMITATIONS           43

3            EXECUTIVE SUMMARY 44

4            PREMIUM INSIGHTS      48

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AIR SUSPENSION MARKET            48

4.2         AIR SUSPENSION MARKET, BY VEHICLE TYPE   49

4.3         AIR SUSPENSION OE MARKET, BY COMPONENT             49

4.4         AIR SUSPENSION MARKET, BY TECHNOLOGY   50

4.5         CABIN AIR SUSPENSION MARKET, BY VEHICLE TYPE     50

4.6         AIR SUSPENSION AFTERMARKET, BY COMPONENT       51

4.7         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY VEHICLE TYPE    51

4.8         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY TECHNOLOGY 52

4.9         AIR SUSPENSION MARKET, BY REGION 52

5            MARKET OVERVIEW     53

5.1         INTRODUCTION            53

5.2         MARKET DYNAMICS     53

5.2.1      DRIVERS            54

5.2.1.1   Increasing commercial vehicle sales 54

5.2.1.2   Rising consumer demand for premium passenger cars  55

5.2.2      RESTRAINTS     56

5.2.2.1   High development cost of air suspension for mid-segment cars  56

5.2.3      OPPORTUNITIES           57

5.2.3.1   Emerging trend of lightweight air suspension systems  57

5.2.3.2   Aftermarket demand for air suspensions and related components            58

5.2.3.3   Expansion of electric and hybrid vehicles       59

5.2.4      CHALLENGES   60

5.2.4.1   Significant presence of local suppliers            60

5.3         TRENDS AND DISRUPTIONS IMPACTING CONSUMERS’ BUSINESSES              61

5.4         ECOSYSTEM ANALYSIS 61

5.4.1      AIR SUSPENSION SYSTEM MANUFACTURERS    61

5.4.2      AIR SUSPENSION COMPONENT SUPPLIERS       61

5.4.3      OEMS   61

5.5         TECHNOLOGY ANALYSIS           64

5.5.1      KEY TECHNOLOGY       64

5.5.1.1   Electronically controlled air suspension system            64

5.5.1.2   Electronic shock absorber control system       64

5.5.2      COMPLEMENTARY TECHNOLOGY        64

5.5.2.1   Electronic suspension system           64

5.5.3      ADJACENT TECHNOLOGY         65

5.5.3.1   By-wire system    65

5.6         SUPPLY CHAIN ANALYSIS          65

5.7         PRICING ANALYSIS        66

5.7.1      AVERAGE SELLING PRICE, BY VEHICLE TYPE    66

5.7.2      AVERAGE SELLING PRICE, BY TECHNOLOGY    66

5.7.3      AVERAGE SELLING PRICE, BY REGION  66

5.8         INVESTMENT AND FUNDING SCENARIO            66

5.9         KEY STAKEHOLDERS AND BUYING CRITERIA    69

5.9.1      KEY STAKEHOLDERS IN BUYING PROCESS         69

5.9.2      BUYING CRITERIA         70

5.10       PATENT ANALYSIS        71

5.11       CASE STUDY ANALYSIS 88

5.11.1    HENDRICKSON’S CREO CAD SUSPENSION         88

5.11.2    VOLVO’S MODIFIED AXLE TRUCK CONFIGURATION     88

5.11.3    CONTINENTAL’S HITEMP AIR SPRING  88

5.12       TRADE ANALYSIS          89

5.12.1    IMPORT DATA OF (HARMONIZED SYSTEM CODE: 870880)

AIR SUSPENSION SYSTEMS AND PARTS 89

5.12.2    EXPORT DATA OF (HARMONIZED SYSTEM CODE: 870880)

AIR SUSPENSION SYSTEMS AND PARTS 90

5.13       REGULATORY LANDSCAPE       92

5.13.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          92

5.13.2    GLOBAL SAFETY REGULATIONS            94

5.14       KEY CONFERENCES AND EVENTS, 2024–2025     97

5.15       SUPPLIER ANALYSIS     98

6            AIR SUSPENSION MARKET, BY VEHICLE TYPE   99

6.1         INTRODUCTION            100

6.2         PASSENGER CARS          101

6.2.1      INCREASING PRODUCTION IN EMERGING ECONOMIES TO DRIVE MARKET            101

6.3         LIGHT COMMERCIAL VEHICLES             103

6.3.1      PREDOMINANCE IN NORTH AMERICA TO DRIVE MARKET         103

6.4         TRUCKS             105

6.4.1      INNOVATIONS IN AIR SUSPENSION TECHNOLOGY TO DRIVE MARKET              105

6.5         BUSES  106

6.5.1      FOCUS ON PASSENGER COMFORT AND SAFETY TO DRIVE MARKET              106

6.6         INDUSTRY INSIGHTS    108

7            AIR SUSPENSION MARKET, BY TECHNOLOGY   109

7.1         INTRODUCTION            110

7.2         ELECTRONICALLY CONTROLLED          111

7.2.1      BENEFITS OVER TRADITIONAL AIR SUSPENSION SYSTEMS TO DRIVE MARKET            111

7.3         NON-ELECTRONICALLY CONTROLLED 113

7.3.1      LOW COST AND MAINTENANCE REQUIREMENTS TO DRIVE MARKET              113

7.4         INDUSTRY INSIGHTS    115

8            AIR SUSPENSION OE MARKET, BY COMPONENT             116

8.1         INTRODUCTION            117

8.2         AIR SPRINGS     119

8.2.1      EXTENSIVE USE IN PREMIUM VEHICLES TO DRIVE MARKET      119

8.3         SHOCK ABSORBERS       121

8.3.1      SHIFT TOWARD ELECTRONICALLY ADJUSTABLE SHOCK ABSORBERS

TO DRIVE MARKET       121

8.4         AIR COMPRESSORS       122

8.4.1      NEED FOR OPTIMAL AIR PRESSURE IN AIR SPRINGS TO DRIVE MARKET              122

8.5         ELECTRONIC CONTROL UNITS 124

8.5.1      RISING PENETRATION OF ELECTRONICALLY CONTROLLED AIR SUSPENSION SYSTEMS TO DRIVE MARKET        124

8.6         AIR RESERVOIRS            126

8.6.1      INCREASING DEMAND FOR IMPROVED AIR SUSPENSION PERFORMANCE

TO DRIVE MARKET       126

8.7         HEIGHT SENSORS          128

8.7.1      NEED FOR PRECISE CONTROL OVER VEHICLE DYNAMICS TO DRIVE MARKET            128

8.8         SOLENOID VALVES       129

8.8.1      RISE OF ELECTRONICALLY CONTROLLED AIR SUSPENSION TECHNOLOGY

TO DRIVE MARKET       129

8.9         PRESSURE SENSORS      131

8.9.1      GROWING PASSENGER DEMAND FOR CUSTOMIZABLE RIDE SETTINGS

TO DRIVE MARKET       131

8.10       INDUSTRY INSIGHTS    132

9            AIR SUSPENSION AFTERMARKET, BY COMPONENT       133

9.1         INTRODUCTION            134

9.2         AIR BELLOWS   135

9.2.1      NEED FOR FREQUENT REPLACEMENTS IN HEAVY-DUTY

TRUCKS TO DRIVE MARKET      135

9.3         SHOCK ABSORBER BUSHES       137

9.3.1      STRINGENT SAFETY AND PERFORMANCE REGULATIONS TO DRIVE MARKET            137

9.4         INDUSTRY INSIGHTS    138

10          CABIN AIR SUSPENSION MARKET, BY VEHICLE TYPE     139

10.1       INTRODUCTION            140

10.2       RIGID TRUCKS 141

10.2.1    SHIFT IN CONSUMER PREFERENCE TOWARD CABIN COMFORT

TO DRIVE MARKET       141

10.3       SEMI-TRAILERS 143

10.3.1    REGULATIONS FOR IMPROVED CABIN AIR QUALITY TO DRIVE MARKET            143

10.4       INDUSTRY INSIGHTS    145

11          ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY TECHNOLOGY 146

11.1       INTRODUCTION            147

11.2       ELECTRONICALLY CONTROLLED          148

11.2.1    WIDE ACCEPTANCE OF ADVANCED TECHNOLOGIES TO DRIVE MARKET            148

11.3       NON-ELECTRONICALLY CONTROLLED 150

11.3.1    HIGH DEMAND FROM PRICE-SENSITIVE MARKETS IN ASIA PACIFIC TO DRIVE MARKET 150

11.4       INDUSTRY INSIGHTS    151

12          ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY VEHICLE TYPE    152

12.1       INTRODUCTION            153

12.2       LIGHT-DUTY VEHICLES             154

12.2.1    ADVANCEMENTS IN AIR SUSPENSION TO ENHANCE RIDE QUALITY

TO DRIVE MARKET       154

12.3       TRUCKS             156

12.3.1    RISING DEMAND FOR IMPROVED CONTROL AND MANEUVERABILITY

TO DRIVE MARKET       156

12.4       BUSES  158

12.4.1    PASSENGERS’ FOCUS ON RIDING COMFORT TO DRIVE MARKET              158

12.5       INDUSTRY INSIGHTS    159

13          AIR SUSPENSION MARKET, BY REGION 160

13.1       INTRODUCTION            161

13.2       ASIA PACIFIC    163

13.2.1    CHINA  166

13.2.1.1 Rapid adoption of air suspension in premium passenger

cars to drive market           166

13.2.2    INDIA   167

13.2.2.1 High demand for air suspension from heavy commercial vehicle industry to drive market   167

13.2.3    JAPAN  168

13.2.3.1 Regulatory mandates for vehicle and passenger safety to drive market      168

13.2.4    SOUTH KOREA 170

13.2.4.1 Focus on enhancing vehicle performance and passenger

comfort to drive market     170

13.2.5    REST OF ASIA PACIFIC  171

13.3       EUROPE             173

13.3.1    GERMANY         176

13.3.1.1 Growing popularity of air suspension systems to drive market    176

13.3.2    FRANCE             178

13.3.2.1 Surge in demand for commercial vehicles to drive market          178

13.3.3    SPAIN   179

13.3.3.1 Rising passenger vehicle sales to drive market 179

13.3.4    ITALY   181

13.3.4.1 Booming automotive industry to drive market              181

13.3.5    UK         182

13.3.5.1 Expanding automobile production to drive market       182

13.3.6    RUSSIA 184

13.3.6.1 Increasing investments in infrastructure projects to drive market             184

13.3.7    REST OF EUROPE           185

13.4       NORTH AMERICA          187

13.4.1    US         189

13.4.1.1 Emphasis on high-performance vehicle development to drive market       189

13.4.2    CANADA            190

13.4.2.1 Improved awareness of safety features and government regulations to drive market              190

13.4.3    MEXICO             191

13.4.3.1 Significant presence of global automakers to drive market          191

13.5       REST OF THE WORLD   193

13.5.1    BRAZIL 195

13.5.1.1 Rising domestic vehicle production and sales to drive market     195

13.5.2    SOUTH AFRICA 196

13.5.2.1 Extensive use of trucks for transportation and logistics to drive market    196

13.5.3    OTHERS             197

13.6       INDUSTRY INSIGHTS    199

14          COMPETITIVE LANDSCAPE       200

14.1       INTRODUCTION            200

14.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024     200

14.3       MARKET SHARE ANALYSIS, 2023             202

14.4       REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023  204

14.5       AIR SUSPENSION COMPONENT SUPPLIERS, 2023            204

14.6       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   205

14.6.1    STARS  206

14.6.2    EMERGING LEADERS    206

14.6.3    PERVASIVE PLAYERS     206

14.6.4    PARTICIPANTS 206

14.6.5    COMPANY FOOTPRINT 208

14.7       COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023         210

14.7.1    PROGRESSIVE COMPANIES       210

14.7.2    RESPONSIVE COMPANIES          210

14.7.3    STARTING BLOCKS       210

14.7.4    DYNAMIC COMPANIES 210

14.7.5    COMPETITIVE BENCHMARKING            212

14.8       COMPANY VALUATION AND FINANCIAL METRICS        213

14.8.1    COMPANY VALUATION 213

14.8.2    FINANCIAL METRICS    214

14.9       PRODUCT/BRAND COMPARISON          215

14.10     COMPETITIVE SCENARIO AND TRENDS             215

14.10.1  PRODUCT LAUNCHES/DEVELOPMENTS            215

14.10.2  DEALS  218

14.10.3  EXPANSIONS    221

14.10.4  OTHERS             223

15          COMPANY PROFILES    224

15.1       KEY PLAYERS   224

15.1.1    ZF FRIEDRICHSHAFEN AG         224

15.1.1.1 Business overview 224

15.1.1.2 Products/Solutions/Services offered 225

15.1.1.3 Recent developments         226

15.1.1.3.1            Product launches/developments      226

15.1.1.3.2            Deals     227

15.1.1.3.3            Expansions          228

15.1.1.4 MnM view           229

15.1.1.4.1            Key strengths       229

15.1.1.4.2            Strategic choices  229

15.1.1.4.3            Weaknesses and competitive threats 229

15.1.2    CONTINENTAL AG        230

15.1.2.1 Business overview 230

15.1.2.2 Products/Solutions/Services offered 231

15.1.2.3 Recent developments         232

15.1.2.3.1            Product launches/developments      232

15.1.2.3.2            Expansions          233

15.1.2.4 MnM view           233

15.1.2.4.1            Key strengths       233

15.1.2.4.2            Strategic choices  233

15.1.2.4.3            Weaknesses and competitive threats 234

15.1.3    THYSSENKRUPP AG      235

15.1.3.1 Business overview 235

15.1.3.2 Products/Solutions/Services offered 236

15.1.3.3 Recent developments         237

15.1.3.3.1            Expansions          237

15.1.3.4 MnM view           237

15.1.3.4.1            Key strengths       237

15.1.3.4.2            Strategic choices  238

15.1.3.4.3            Weaknesses and competitive threats 238

15.1.4    HL MANDO CORP.         239

15.1.4.1 Business overview 239

15.1.4.2 Products/Solutions/Services offered 240

15.1.4.3 MnM view           240

15.1.4.3.1            Key strengths       240

15.1.4.3.2            Strategic choices  240

15.1.4.3.3            Weaknesses and competitive threats 241

15.1.5    MERITOR, INC. 242

15.1.5.1 Business overview 242

15.1.5.2 Products/Solutions/Services offered 244

15.1.5.3 Recent developments         244

15.1.5.3.1            Product launches/developments      244

15.1.5.3.2            Deals     245

15.1.5.4 MnM view           245

15.1.5.4.1            Key strengths       245

15.1.5.4.2            Strategic choices  246

15.1.5.4.3            Weaknesses and competitive threats 246

15.1.6    SAF-HOLLAND SE          247

15.1.6.1 Business overview 247

15.1.6.2 Products/Solutions/Services offered 249

15.1.6.3 Recent developments         250

15.1.6.3.1            Deals     250

15.1.6.3.2            Expansions          250

15.1.6.3.3            Others   251

15.1.6.4 MnM view           251

15.1.6.4.1            Key strengths       251

15.1.6.4.2            Strategic choices  251

15.1.6.4.3            Weaknesses and competitive threats 251

15.1.7    HENDRICKSON USA, L.L.C.        252

15.1.7.1 Business overview 252

15.1.7.2 Products/Solutions/Services offered 252

15.1.7.3 Recent developments         253

15.1.7.3.1            Product launches/developments      253

15.1.7.3.2            Deals     254

15.1.7.3.3            Others   255

15.1.8    FIRESTONE INDUSTRIAL PRODUCTS COMPANY, LLC   256

15.1.8.1 Business overview 256

15.1.8.2 Products/Solutions/Services offered 256

15.1.8.2.1            Expansions          257

15.1.9    VIBRACOUSTIC SE         258

15.1.9.1 Business overview 258

15.1.9.2 Products/Solutions/Services offered 258

15.1.9.3 Recent developments         259

15.1.9.3.1            Product launches/developments      259

15.1.9.3.2            Deals     260

15.1.10  BWI GROUP      261

15.1.10.1             Business overview 261

15.1.10.2             Products/Solutions/Services offered 261

15.1.10.3             Recent developments         262

15.1.10.3.1          Deals     262

15.2       OTHER PLAYERS           263

15.2.1    ARNOTT LLC    263

15.2.2    THYSSENKRUPP BILSTEIN         264

15.2.3    AIR LIFT COMPANY       264

15.2.4    INFINITY ENGINEERED PRODUCTS       265

15.2.5    DUNLOP            265

15.2.6    VB-AIRSUSPENSION      266

15.2.7    LINK MANUFACTURING, LTD.  266

15.2.8    UNIVERSAL AIR INC.      267

15.2.9    LIFTMATIC       267

15.2.10  STEMCOPRODUCTS INC.           268

15.2.11  SHANGHAI KOMMAN VEHICLE PARTS SYSTEM CO., LTD.           268

15.2.12  JAMNA AUTO INDUSTRIES LIMITED      269

15.2.13  ACCUAIR SUSPENSION 269

15.2.14  AEROSUS           270

15.2.15  AIRTECH SYSTEMS        270

16          RECOMMENDATIONS BY MARKETSANDMARKETS         271

16.1       ASIA PACIFIC TO LEAD AIR SUSPENSION MARKET         271

16.2       ELECTRONICALLY CONTROLLED AIR SUSPENSION TO BE KEY FOCUS AREA    271

16.3       CONCLUSION   272

17          APPENDIX         273

17.1       INSIGHTS FROM INDUSTRY EXPERTS   273

17.2       DISCUSSION GUIDE      273

17.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             277

17.4       CUSTOMIZATION OPTIONS      279

17.5       RELATED REPORTS       280

17.6       AUTHOR DETAILS         281

LIST OF TABLES

TABLE 1             INCLUSIONS AND EXCLUSIONS 27

TABLE 2             CURRENCY EXCHANGE RATES 30

TABLE 3             PRODUCTION VOLUME OF PASSENGER CAR MODELS WITH

AIR SUSPENSION, 2023 (UNITS) 56

TABLE 4             AVERAGE COST OF SUSPENSION TECHNOLOGIES         56

TABLE 5             WEIGHT REDUCTION TARGETS FOR ICE LIGHT-DUTY VEHICLES IN US             57

TABLE 6             LIST OF KEY AFTERMARKET PLAYERS  58

TABLE 7             ROLE OF COMPANIES IN ECOSYSTEM   62

TABLE 8             AVERAGE SELLING PRICE OF AIR SUSPENSION, BY VEHICLE TYPE,

2021–2023 (USD)             66

TABLE 9             AVERAGE SELLING PRICE OF AIR SUSPENSION, BY TECHNOLOGY,

2021–2023 (USD)             66

TABLE 10           AVERAGE SELLING PRICE OF AIR SUSPENSION FOR HEAVY-DUTY VEHICLES,

BY REGION, 2021–2023 (USD)     66

TABLE 11           LIST OF FUNDINGS, 2023−2024 67

TABLE 12           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF AIR SUSPENSION     69

TABLE 13           KEY BUYING CRITERIA FOR AIR SUSPENSION, BY TECHNOLOGY 70

TABLE 14           PATENT ANALYSIS        72

TABLE 15           US: IMPORT DATA, BY COUNTRY (USD)             89

TABLE 16           CHINA: IMPORT DATA, BY COUNTRY (USD)      89

TABLE 17           JAPAN: IMPORT DATA, BY COUNTRY (USD)       90

TABLE 18           INDIA: IMPORT DATA, BY COUNTRY (USD)       90

TABLE 19           US: EXPORT DATA, BY COUNTRY (USD)             90

TABLE 20           CHINA: EXPORT DATA, BY COUNTRY (USD)      91

TABLE 21           JAPAN: EXPORT DATA, BY COUNTRY (USD)       91

TABLE 22           INDIA: EXPORT DATA, BY COUNTRY (USD)       91

TABLE 23           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 92

TABLE 24           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 93

TABLE 25           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 94

TABLE 26           SAFETY REGULATIONS, BY COUNTRY/REGION 94

TABLE 27           KEY CONFERENCES AND EVENTS, 2024–2025     97

TABLE 28           AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)     100

TABLE 29           AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)     101

TABLE 30           AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          101

TABLE 31           AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          101

TABLE 32           PASSENGER CARS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 102

TABLE 33           PASSENGER CARS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 102

TABLE 34           PASSENGER CARS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          103

TABLE 35           PASSENGER CARS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          103

TABLE 36           LIGHT COMMERCIAL VEHICLES: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 104

TABLE 37           LIGHT COMMERCIAL VEHICLES: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 104

TABLE 38           LIGHT COMMERCIAL VEHICLES: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          104

TABLE 39           LIGHT COMMERCIAL VEHICLES: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          105

TABLE 40           TRUCKS: AIR SUSPENSION MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     105

TABLE 41           TRUCKS: AIR SUSPENSION MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     106

TABLE 42           TRUCKS: AIR SUSPENSION MARKET, BY REGION, 2019–2023 (USD MILLION) 106

TABLE 43           TRUCKS: AIR SUSPENSION MARKET, BY REGION, 2024–2030 (USD MILLION) 106

TABLE 44           BUSES: AIR SUSPENSION MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     107

TABLE 45           BUSES: AIR SUSPENSION MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     107

TABLE 46           BUSES: AIR SUSPENSION MARKET, BY REGION, 2019–2023 (USD MILLION)          107

TABLE 47           BUSES: AIR SUSPENSION MARKET, BY REGION, 2024–2030 (USD MILLION)          108

TABLE 48           AIR SUSPENSION MARKET, BY TECHNOLOGY, 2019–2023 (THOUSAND UNITS)     110

TABLE 49           AIR SUSPENSION MARKET, BY TECHNOLOGY, 2024–2030 (THOUSAND UNITS)     111

TABLE 50           AIR SUSPENSION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)          111

TABLE 51           AIR SUSPENSION MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)          111

TABLE 52           ELECTRONICALLY CONTROLLED: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 112

TABLE 53           ELECTRONICALLY CONTROLLED: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 112

TABLE 54           ELECTRONICALLY CONTROLLED: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          112

TABLE 55           ELECTRONICALLY CONTROLLED: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          113

TABLE 56           NON-ELECTRONICALLY CONTROLLED: AIR SUSPENSION MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)    113

TABLE 57           NON-ELECTRONICALLY CONTROLLED: AIR SUSPENSION MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)    114

TABLE 58           NON-ELECTRONICALLY CONTROLLED: AIR SUSPENSION MARKET, BY REGION, 2019–2023 (USD MILLION)            114

TABLE 59           NON-ELECTRONICALLY CONTROLLED: AIR SUSPENSION MARKET, BY REGION, 2024–2030 (USD MILLION)            114

TABLE 60           AIR SUSPENSION MARKET, BY COMPONENT, 2019–2023 (THOUSAND UNITS)     117

TABLE 61           AIR SUSPENSION MARKET, BY COMPONENT, 2024–2030 (THOUSAND UNITS)     118

TABLE 62           AIR SUSPENSION MARKET, BY COMPONENT, 2019–2023 (USD MILLION)          118

TABLE 63           AIR SUSPENSION MARKET, BY COMPONENT, 2024–2030 (USD MILLION)          119

TABLE 64           AIR SPRINGS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 119

TABLE 65           AIR SPRINGS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 120

TABLE 66           AIR SPRINGS: AIR SUSPENSION MARKET, BY REGION, 2019–2023 (USD MILLION) 120

TABLE 67           AIR SPRINGS: AIR SUSPENSION MARKET, BY REGION, 2024–2030 (USD MILLION) 120

TABLE 68           SHOCK ABSORBERS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 121

TABLE 69           SHOCK ABSORBERS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 121

TABLE 70           SHOCK ABSORBERS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          122

TABLE 71           SHOCK ABSORBERS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          122

TABLE 72           AIR COMPRESSORS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 123

TABLE 73           AIR COMPRESSORS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 123

TABLE 74           AIR COMPRESSORS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          123

TABLE 75           AIR COMPRESSORS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          124

TABLE 76           ELECTRONIC CONTROL UNITS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 125

TABLE 77           ELECTRONIC CONTROL UNITS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 125

TABLE 78           ELECTRONIC CONTROL UNITS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          125

TABLE 79           ELECTRONIC CONTROL UNITS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          126

TABLE 80           AIR RESERVOIRS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 126

TABLE 81           AIR RESERVOIRS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 127

TABLE 82           AIR RESERVOIRS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          127

TABLE 83           AIR RESERVOIRS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          127

TABLE 84           HEIGHT SENSORS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 128

TABLE 85           HEIGHT SENSORS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 128

TABLE 86           HEIGHT SENSORS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          129

TABLE 87           HEIGHT SENSORS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          129

TABLE 88           SOLENOID VALVES: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 129

TABLE 89           SOLENOID VALVES: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 130

TABLE 90           SOLENOID VALVES: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          130

TABLE 91           SOLENOID VALVES: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          130

TABLE 92           PRESSURE SENSORS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 131

TABLE 93           PRESSURE SENSORS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 131

TABLE 94           PRESSURE SENSORS: AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          132

TABLE 95           PRESSURE SENSORS: AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          132

TABLE 96           AIR SUSPENSION AFTERMARKET, BY COMPONENT, 2019–2023 (MILLION UNITS)          134

TABLE 97           AIR SUSPENSION AFTERMARKET, BY COMPONENT, 2024–2030 (MILLION UNITS)          135

TABLE 98           AIR SUSPENSION AFTERMARKET, BY COMPONENT, 2019–2023 (USD MILLION) 135

TABLE 99           AIR SUSPENSION AFTERMARKET, BY COMPONENT, 2024–2030 (USD MILLION) 135

TABLE 100         AIR BELLOWS AFTERMARKET, BY REGION, 2019–2023 (MILLION UNITS)          136

TABLE 101         AIR BELLOWS AFTERMARKET, BY REGION, 2024–2030 (MILLION UNITS)          136

TABLE 102         AIR BELLOWS AFTERMARKET, BY REGION, 2019–2023 (USD MILLION)          136

TABLE 103         AIR BELLOWS AFTERMARKET, BY REGION, 2024–2030 (USD MILLION)          137

TABLE 104         SHOCK ABSORBER BUSHES AFTERMARKET, BY REGION,

2019–2023 (MILLION UNITS)      137

TABLE 105         SHOCK ABSORBER BUSHES AFTERMARKET, BY REGION,

2024–2030 (MILLION UNITS)      138

TABLE 106         SHOCK ABSORBER BUSHES AFTERMARKET, BY REGION,

2019–2023 (USD MILLION)          138

TABLE 107         SHOCK ABSORBER BUSHES AFTERMARKET, BY REGION,

2024–2030 (USD MILLION)          138

TABLE 108         CABIN AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 140

TABLE 109         CABIN AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 141

TABLE 110         CABIN AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 141

TABLE 111         CABIN AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 141

TABLE 112         RIGID TRUCKS: CABIN AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 142

TABLE 113         RIGID TRUCKS: CABIN AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 142

TABLE 114         RIGID TRUCKS: CABIN AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          142

TABLE 115         RIGID TRUCKS: CABIN AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          143

TABLE 116         SEMI-TRAILERS: CABIN AIR SUSPENSION MARKET, BY REGION,

2019–2023 (THOUSAND UNITS) 143

TABLE 117         SEMI-TRAILERS: CABIN AIR SUSPENSION MARKET, BY REGION,

2024–2030 (THOUSAND UNITS) 144

TABLE 118         SEMI-TRAILERS: CABIN AIR SUSPENSION MARKET, BY REGION,

2019–2023 (USD MILLION)          144

TABLE 119         SEMI-TRAILERS: CABIN AIR SUSPENSION MARKET, BY REGION,

2024–2030 (USD MILLION)          144

TABLE 120         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY TECHNOLOGY,

2019–2023 (THOUSAND UNITS) 147

TABLE 121         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY TECHNOLOGY,

2024–2030 (THOUSAND UNITS) 148

TABLE 122         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY TECHNOLOGY,

2019–2023 (USD MILLION)          148

TABLE 123         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          148

TABLE 124         ELECTRONICALLY CONTROLLED: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 149

TABLE 125         ELECTRONICALLY CONTROLLED: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 149

TABLE 126         ELECTRONICALLY CONTROLLED: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2019–2023 (USD MILLION)              149

TABLE 127         ELECTRONICALLY CONTROLLED: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2024–2030 (USD MILLION)              149

TABLE 128         NON-ELECTRONICALLY CONTROLLED: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 150

TABLE 129         NON-ELECTRONICALLY CONTROLLED: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 150

TABLE 130         NON-ELECTRONICALLY CONTROLLED: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2019–2023 (USD MILLION)              150

TABLE 131         NON-ELECTRONICALLY CONTROLLED: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2024–2030 (USD MILLION)              151

TABLE 132         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 153

TABLE 133         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 154

TABLE 134         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (USD MILLION)          154

TABLE 135         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (USD MILLION)          154

TABLE 136         LIGHT-DUTY VEHICLES: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)        155

TABLE 137         LIGHT-DUTY VEHICLES: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)        155

TABLE 138         LIGHT-DUTY VEHICLES: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2019–2023 (USD MILLION)  155

TABLE 139         LIGHT-DUTY VEHICLES: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2024–2030 (USD MILLION)  156

TABLE 140         TRUCKS: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)    156

TABLE 141         TRUCKS: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)    157

TABLE 142         TRUCKS: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2019–2023 (USD MILLION)            157

TABLE 143         TRUCKS: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2024–2030 (USD MILLION)            157

TABLE 144         BUSES: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)    158

TABLE 145         BUSES: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)    158

TABLE 146         BUSES: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2019–2023 (USD MILLION)            159

TABLE 147         BUSES: ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY REGION, 2024–2030 (USD MILLION)            159

TABLE 148         AIR SUSPENSION MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 161

TABLE 149         AIR SUSPENSION MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 162

TABLE 150         AIR SUSPENSION MARKET, BY REGION, 2019–2023 (USD MILLION)          162

TABLE 151         AIR SUSPENSION MARKET, BY REGION, 2024–2030 (USD MILLION)          162

TABLE 152         ASIA PACIFIC: AIR SUSPENSION MARKET, BY COUNTRY,

2019–2023 (THOUSAND UNITS) 164

TABLE 153         ASIA PACIFIC: AIR SUSPENSION MARKET, BY COUNTRY,

2024–2030 (THOUSAND UNITS) 165

TABLE 154         ASIA PACIFIC: AIR SUSPENSION MARKET, BY COUNTRY,

2019–2023 (USD MILLION)          165

TABLE 155         ASIA PACIFIC: AIR SUSPENSION MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          165

TABLE 156         CHINA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 166

TABLE 157         CHINA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 166

TABLE 158         CHINA: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)     166

TABLE 159         CHINA: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)     167

TABLE 160         INDIA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 167

TABLE 161         INDIA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 168

TABLE 162         INDIA: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 168

TABLE 163         INDIA: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 168

TABLE 164         JAPAN: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 169

TABLE 165         JAPAN: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 169

TABLE 166         JAPAN: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)     169

TABLE 167         JAPAN: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)     170

TABLE 168         SOUTH KOREA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 170

TABLE 169         SOUTH KOREA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 171

TABLE 170         SOUTH KOREA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (USD MILLION)          171

TABLE 171         SOUTH KOREA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (USD MILLION)          171

TABLE 172         REST OF ASIA PACIFIC: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 172

TABLE 173         REST OF ASIA PACIFIC: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 172

TABLE 174         REST OF ASIA PACIFIC: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (USD MILLION)          172

TABLE 175         REST OF ASIA PACIFIC: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (USD MILLION)          173

TABLE 176         EUROPE: AIR SUSPENSION MARKET, BY COUNTRY,

2019–2023 (THOUSAND UNITS) 175

TABLE 177         EUROPE: AIR SUSPENSION MARKET, BY COUNTRY,

2024–2030 (THOUSAND UNITS) 175

TABLE 178         EUROPE: AIR SUSPENSION MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 175

TABLE 179         EUROPE: AIR SUSPENSION MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 176

TABLE 180         GERMANY: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 176

TABLE 181         GERMANY: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 177

TABLE 182         GERMANY: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (USD MILLION)          177

TABLE 183         GERMANY: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (USD MILLION)          177

TABLE 184         FRANCE: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 178

TABLE 185         FRANCE: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 178

TABLE 186         FRANCE: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (USD MILLION)          179

TABLE 187         FRANCE: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (USD MILLION)          179

TABLE 188         SPAIN: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 180

TABLE 189         SPAIN: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 180

TABLE 190         SPAIN: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 180

TABLE 191         SPAIN: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 180

TABLE 192         ITALY: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 181

TABLE 193         ITALY: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 181

TABLE 194         ITALY: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 181

TABLE 195         ITALY: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 182

TABLE 196         UK: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)     182

TABLE 197         UK: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)     183

TABLE 198         UK: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 183

TABLE 199         UK: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 183

TABLE 200         RUSSIA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 184

TABLE 201         RUSSIA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 184

TABLE 202         RUSSIA: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)     184

TABLE 203         RUSSIA: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)     185

TABLE 204         REST OF EUROPE: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 185

TABLE 205         REST OF EUROPE: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 186

TABLE 206         REST OF EUROPE: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (USD MILLION)          186

TABLE 207         REST OF EUROPE: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (USD MILLION)          186

TABLE 208         NORTH AMERICA: AIR SUSPENSION MARKET, BY COUNTRY,

2019–2023 (THOUSAND UNITS) 188

TABLE 209         NORTH AMERICA: AIR SUSPENSION MARKET, BY COUNTRY,

2024–2030 (THOUSAND UNITS) 188

TABLE 210         NORTH AMERICA: AIR SUSPENSION MARKET, BY COUNTRY,

2019–2023 (USD MILLION)          188

TABLE 211         NORTH AMERICA: AIR SUSPENSION MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          188

TABLE 212         US: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)     189

TABLE 213         US: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)     189

TABLE 214         US: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 190

TABLE 215         US: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 190

TABLE 216         CANADA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 190

TABLE 217         CANADA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 191

TABLE 218         CANADA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (USD MILLION)          191

TABLE 219         CANADA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (USD MILLION)          191

TABLE 220         MEXICO: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 192

TABLE 221         MEXICO: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 192

TABLE 222         MEXICO: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)     192

TABLE 223         MEXICO: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)     192

TABLE 224         REST OF THE WORLD: AIR SUSPENSION MARKET, BY COUNTRY,

2019–2023 (THOUSAND UNITS) 194

TABLE 225         REST OF THE WORLD: AIR SUSPENSION MARKET, BY COUNTRY,

2024–2030 (THOUSAND UNITS) 194

TABLE 226         REST OF THE WORLD: AIR SUSPENSION MARKET, BY COUNTRY,

2019–2023 (USD MILLION)          194

TABLE 227         REST OF THE WORLD: AIR SUSPENSION MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          194

TABLE 228         BRAZIL: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 195

TABLE 229         BRAZIL: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 195

TABLE 230         BRAZIL: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)     195

TABLE 231         BRAZIL: AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)     196

TABLE 232         SOUTH AFRICA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 196

TABLE 233         SOUTH AFRICA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 197

TABLE 234         SOUTH AFRICA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (USD MILLION)          197

TABLE 235         SOUTH AFRICA: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (USD MILLION)          197

TABLE 236         OTHERS: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (THOUSAND UNITS) 198

TABLE 237         OTHERS: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (THOUSAND UNITS) 198

TABLE 238         OTHERS: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2019–2023 (USD MILLION)          198

TABLE 239         OTHERS: AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (USD MILLION)          198

TABLE 240         AIR SUSPENSION MARKET: DEGREE OF COMPETITION, 2023              202

TABLE 241         LIST OF AIR COMPRESSOR SUPPLIERS, 2023      204

TABLE 242         LIST OF AIR SPRING SUPPLIERS, 2023    205

TABLE 243         AIR SUSPENSION MARKET: TECHNOLOGY FOOTPRINT 208

TABLE 244         AIR SUSPENSION MARKET: APPLICATION FOOTPRINT 209

TABLE 245         AIR SUSPENSION MARKET: REGION FOOTPRINT            209

TABLE 246         LIST OF START-UPS/SMES         212

TABLE 247         COMPETITIVE BENCHMARKING OF START-UPS/SMES, 2023              213

TABLE 248         AIR SUSPENSION MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, 2020–2024             216

TABLE 249         AIR SUSPENSION MARKET: DEALS, 2020–2024    218

TABLE 250         AIR SUSPENSION MARKET: EXPANSIONS, 2020–2024       221

TABLE 251         AIR SUSPENSION MARKET: OTHERS, 2020–2024 223

TABLE 252         ZF FRIEDRICHSHAFEN AG: COMPANY OVERVIEW          224

TABLE 253         ZF FRIEDRICHSHAFEN AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED          225

TABLE 254         ZF FRIEDRICHSHAFEN AG: PRODUCT LAUNCHES/DEVELOPMENTS   226

TABLE 255         ZF FRIEDRICHSHAFEN AG: DEALS          227

TABLE 256         ZF FRIEDRICHSHAFEN AG: EXPANSIONS            228

TABLE 257         CONTINENTAL AG: COMPANY OVERVIEW         230

TABLE 258         CONTINENTAL AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED          231

TABLE 259         CONTINENTAL AG: PRODUCT LAUNCHES/DEVELOPMENTS              232

TABLE 260         CONTINENTAL AG: EXPANSIONS           233

TABLE 261         THYSSENKRUPP AG: COMPANY OVERVIEW       235

TABLE 262         THYSSENKRUPP AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED          236

TABLE 263         THYSSENKRUPP AG: EXPANSIONS         237

TABLE 264         HL MANDO CORP.: COMPANY OVERVIEW          239

TABLE 265         HL MANDO CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          240

TABLE 266         MERITOR, INC.: COMPANY OVERVIEW  242

TABLE 267         MERITOR, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              244

TABLE 268         MERITOR, INC.: PRODUCT LAUNCHES/DEVELOPMENTS              244

TABLE 269         MERITOR, INC.: DEALS 245

TABLE 270         SAF-HOLLAND SE: COMPANY OVERVIEW           247

TABLE 271         SAF-HOLLAND SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          249

TABLE 272         SAF-HOLLAND SE: DEALS          250

TABLE 273         SAF-HOLLAND SE: EXPANSIONS             250

TABLE 274         SAF-HOLLAND SE: OTHERS       251

TABLE 275         HENDRICKSON USA, L.L.C.: COMPANY OVERVIEW         252

TABLE 276         HENDRICKSON USA, L.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   252

TABLE 277         HENDRICKSON USA, L.L.C.: PRODUCT LAUNCHES/DEVELOPMENTS   253

TABLE 278         HENDRICKSON USA, L.L.C.: DEALS        254

TABLE 279         HENDRIKSON USA, L.L.C.: OTHERS        255

TABLE 281         FIRESTONE INDUSTRIAL PRODUCTS COMPANY, LLC: COMPANY OVERVIEW  256

TABLE 282         FIRESTONE INDUSTRIAL PRODUCTS COMPANY, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED   256

TABLE 283         FIRESTONE INDUSTRIAL PRODUCTS COMPANY, LLC: EXPANSIONS    257

TABLE 284         VIBRACOUSTIC SE: COMPANY OVERVIEW         258

TABLE 285         VIBRACOUSTIC SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          258

TABLE 286         VIBRACOUSTIC SE: PRODUCT LAUNCHES/DEVELOPMENTS              259

TABLE 287         VIBRACOUSTIC SE: DEALS         260

TABLE 288         BWI GROUP: COMPANY OVERVIEW       261

TABLE 289         BWI GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED              261

TABLE 290         BWI GROUP: DEALS      262

TABLE 291         ARNOTT LLC: COMPANY OVERVIEW    263

TABLE 292         THYSSENKRUPP BILSTEIN: COMPANY OVERVIEW          264

TABLE 293         AIR LIFT COMPANY: COMPANY OVERVIEW       264

TABLE 294         INFINITY ENGINEERED PRODUCTS: COMPANY OVERVIEW              265

TABLE 295         DUNLOP: COMPANY OVERVIEW            265

TABLE 296         VB-AIRSUSPENSION: COMPANY OVERVIEW       266

TABLE 297         LINK MANUFACTURING, LTD.: COMPANY OVERVIEW   266

TABLE 298         UNIVERSAL AIR INC.: COMPANY OVERVIEW      267

TABLE 299         LIFTMATIC: COMPANY OVERVIEW        267

TABLE 300         STEMCOPRODUCTS INC: COMPANY OVERVIEW             268

TABLE 301         SHANGHAI KOMMAN VEHICLE PARTS SYSTEM CO., LTD.: COMPANY OVERVIEW  268

TABLE 302         JAMNA AUTO INDUSTRIES LIMITED: COMPANY OVERVIEW              269

TABLE 303         ACCUAIR SUSPENSION: COMPANY OVERVIEW  269

TABLE 304         AEROSUS: COMPANY OVERVIEW           270

TABLE 305         AIRTECH SYSTEMS: COMPANY OVERVIEW         270

LIST OF FIGURES

FIGURE 1           AIR SUSPENSION MARKET SEGMENTATION      28

FIGURE 2           RESEARCH DESIGN       32

FIGURE 3           RESEARCH DESIGN MODEL       33

FIGURE 4           RESEARCH METHODOLOGY: HYPOTHESIS BUILDING  39

FIGURE 5           BOTTOM-UP APPROACH           40

FIGURE 6           DATA TRIANGULATION             41

FIGURE 7           REPORT SUMMARY       44

FIGURE 8           AIR SUSPENSION MARKET, BY REGION, 2024 VS. 2030     45

FIGURE 9           RISING DEMAND FOR ENHANCED RIDE COMFORT AND TECHNOLOGICAL ADVANCEMENTS TO DRIVE MARKET            48

FIGURE 10         TRUCKS TO BE LARGEST SEGMENT DURING FORECAST PERIOD              49

FIGURE 11         AIR SPRINGS TO BE DOMINANT DURING FORECAST PERIOD              49

FIGURE 12         ELECTRONICALLY CONTROLLED SEGMENT TO LEAD AIR SUSPENSION MARKET DURING FORECAST PERIOD       50

FIGURE 13         SEMI-TRAILERS TO HOLD HIGHER SHARE THAN RIGID TRUCKS

DURING FORECAST PERIOD     50

FIGURE 14         AIR BELLOWS TO SECURE LEADING POSITION DURING FORECAST PERIOD       51

FIGURE 15         TRUCKS TO BE FASTEST-GROWING ELECTRIC & HYBRID VEHICLE SEGMENT DURING FORECAST PERIOD           51

FIGURE 16         ELECTRONICALLY CONTROLLED SEGMENT TO EXHIBIT FASTEST GROWTH DURING FORECAST PERIOD            52

FIGURE 17         ASIA PACIFIC TO BE LARGEST MARKET FOR AIR SUSPENSIONS

DURING FORECAST PERIOD     52

FIGURE 18         AIR SUSPENSION MARKET DYNAMICS  53

FIGURE 19         GLOBAL COMMERCIAL VEHICLE PRODUCTION, 2021–2023 (THOUSAND UNITS)     54

FIGURE 20         GLOBAL PREMIUM PASSENGER CAR PRODUCTION,

2020–2023 (THOUSAND UNITS) 55

FIGURE 21         GLOBAL BEV AND PHEV PASSENGER CAR SALES, 2020–2030 (THOUSAND UNITS)     59

FIGURE 22         GLOBAL ELECTRIC TRUCK AND BUS SALES, 2020–2030 (THOUSAND UNITS)     60

FIGURE 23         TRENDS AND DISRUPTIONS IMPACTING CONSUMERS’ BUSINESSES      61

FIGURE 24         ECOSYSTEM ANALYSIS 62

FIGURE 25         SUPPLY CHAIN ANALYSIS          65

FIGURE 26         INVESTMENT AND FUNDING SCENARIO, 2021−2024     67

FIGURE 27         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF AIR SUSPENSION     69

FIGURE 28         KEY BUYING CRITERIA FOR AIR SUSPENSION, BY TECHNOLOGY 70

FIGURE 29         PATENT ANALYSIS        71

FIGURE 30         AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          100

FIGURE 31         AIR SUSPENSION MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)          110

FIGURE 32         AIR SUSPENSION MARKET, BY COMPONENT, 2024–2030 (USD MILLION)          117

FIGURE 33         AIR SUSPENSION AFTERMARKET, BY COMPONENT, 2024–2030 (USD MILLION) 134

FIGURE 34         CABIN AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 140

FIGURE 35         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY TECHNOLOGY,

2024–2030 (USD MILLION)          147

FIGURE 36         ELECTRIC & HYBRID VEHICLE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2024–2030 (USD MILLION)          153

FIGURE 37         AIR SUSPENSION MARKET, BY REGION, 2024–2030 (USD MILLION)          161

FIGURE 38         ASIA PACIFIC: AIR SUSPENSION MARKET SNAPSHOT    164

FIGURE 39         EUROPE: AIR SUSPENSION MARKET SNAPSHOT             174

FIGURE 40         NORTH AMERICA: AIR SUSPENSION MARKET SNAPSHOT              187

FIGURE 41         REST OF THE WORLD: AIR SUSPENSION MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          193

FIGURE 42         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024     201

FIGURE 43         MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023          202

FIGURE 44         REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023  204

FIGURE 45         COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 207

FIGURE 46         AIR SUSPENSION MARKET: COMPANY FOOTPRINT       208

FIGURE 47         COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023              211

FIGURE 48         VALUATION OF KEY PLAYERS, 2024       213

FIGURE 49         FINANCIAL METRICS OF KEY PLAYERS, 2024      214

FIGURE 50         PRODUCT/BRAND COMPARISON          215

FIGURE 51         ZF FRIEDRICHSHAFEN AG: COMPANY SNAPSHOT          225

FIGURE 52         CONTINENTAL AG: COMPANY SNAPSHOT        231

FIGURE 53         THYSSENKRUPP AG: COMPANY SNAPSHOT       236

FIGURE 54         HL MANDO CORP.: COMPANY SNAPSHOT         239

FIGURE 55         MERITOR, INC.: COMPANY SNAPSHOT 243

FIGURE 56         SAF-HOLLAND SE: COMPANY SNAPSHOT          248