Air Suspension Market 2021 Size, Growth Analysis Report, Forecast to 2027

Air Suspension Market size is forecast to reach $8.6 billion by 2027, after growing at a CAGR of 3% during 2021-2027.
Air suspension is a kind of vehicle suspension system based on a pneumatic mechanism. Air suspension consists of various components including compressor, spring, electronic sensor and shock absorber. The car’s air suspension provides better ride quality, quality and comfort compared to conventional suspensions. The growing demand for air suspension in automobiles is accelerating the growth of air suspension.

A full report of Air Suspension Market available at: https://www.orionmarketreports.com/air-suspension-market/52394/

Air Suspension Market- Segmentation

By Vehicle Type

• Light Commercial Vehicles (LCV)
• Trucks
• Bus

By Component

• Air Spring
• Tank
• Solenoid Valve
• Shock Absorber
• Air Compressor
• Electronic Control Unit (ECU)
• Height & Pressure Sensor
• Others

By Technology Type

• Electronic Controlled
• Non-Electronic Controlled

Key Players

• Continental
• ThyssenKrupp AG
• Hitachi
• Wabco
• Firestone Industrial Products
• Hendrickson
• Mando Corporation
• BWI Group

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)