

The air suspension system uses air springs as elastic elements, and sends compressed air into the air chambers of springs and shock absorbers through air compressors, thereby changing the height and suspension hardness of the vehicle. The system can automatically compress or extend the springs according to signals from vehicle height sensors, acceleration sensors, etc., and the driving computer controls the air compressor and exhaust valve to adjust the vehicle height and suspension hardness.
The global Air Suspension System and Components market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
The “Air Suspension System and Components Industry Forecast” looks at past sales and reviews total world Air Suspension System and Components sales in 2022, providing a comprehensive analysis by region and market sector of projected Air Suspension System and Components sales for 2023 through 2029. With Air Suspension System and Components sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air Suspension System and Components industry.
This Insight Report provides a comprehensive analysis of the global Air Suspension System and Components landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Air Suspension System and Components portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Air Suspension System and Components market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air Suspension System and Components and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Air Suspension System and Components.
The market is constantly changing, and the following points are worth paying attention to:
With the rapid development of smart electric vehicles, air suspension has gradually become the mainstream configuration of high-end new energy vehicle platforms.
The rapid development of the new energy vehicle market has prompted air suspension to penetrate from the high-end market to the mid-end market.
In 2023, China's air suspension market power can be described as a strong rise. Chinese manufacturers occupy nearly 70% of the global market share, and future development deserves special attention.
With the increase in the number of vehicles, the scale effect is formed, and the technology is further improved, the price of air suspension has shown a downward trend.
In 2020, the construction of Continental's electronic suspension system in Changshu, China began, and it will be put into operation in 2021. In August 2022, the second phase expansion project will be launched. Continental's first phase project in Changshu, China produces and assembles air suspension modules and air supply systems, while the second phase project will add an annual output of 600,000 air springs and 100,000 air supply systems, and introduce production lines for key components such as airbags to comprehensively improve the overall production system of air springs. The second phase project is expected to be put into use in 2024.
Vibracoustic established a new plant in Chongqing, China in July 2023 with a total investment of 170 million euros. The new plant focuses on the production of comprehensive NVH products, including engine mounts, chassis bushings, isolators and dampers. In addition, Vibracoustic started air spring production at its Wuxi plant in China, which is the first time Vibracoustic has produced air springs in China.
This report presents a comprehensive overview, market shares, and growth opportunities of Air Suspension System and Components market by product type, application, key players and key regions and countries.
Segmentation by Type:
Air Suspension System
Air Suspension System Components
Segmentation by Application:
New Energy Vehicle
Fuel Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Air Suspension System
Air Suspension System Components
Segmentation by Application:
New Energy Vehicle
Fuel Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Continental
Vibracoustic
ZF
Delphi
Firestone
Hendrickson
AMK (Zhongding Group)
Hitachi
BILSTEIN
Tokiko
Mando
Tenneco
Marelli
Mobis
Shanghai Baolong
Ningbo Tuopu
Tianrun
KEBODA TECHNOLOGY
KH Automotive Technologies
Shanghai Komman Vehicle Component Systems Co
CRRC Qingdao Sifang
GSP Automotive Group
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Air Suspension System and Components Market Size 2019-2030
2.1.2 Air Suspension System and Components Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Air Suspension System and Components by Country/Region, 2019, 2023 & 2030
2.2 Air Suspension System and Components Segment by Type
2.2.1 Air Suspension System
2.2.2 Air Suspension System Components
2.3 Air Suspension System and Components Market Size by Type
2.3.1 Air Suspension System and Components Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Air Suspension System and Components Market Size Market Share by Type (2019-2024)
2.4 Air Suspension System and Components Segment by Application
2.4.1 New Energy Vehicle
2.4.2 Fuel Vehicle
2.5 Air Suspension System and Components Market Size by Application
2.5.1 Air Suspension System and Components Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Air Suspension System and Components Market Size Market Share by Application (2019-2024)
3 Air Suspension System and Components Market Size by Player
3.1 Air Suspension System and Components Market Size Market Share by Player
3.1.1 Global Air Suspension System and Components Revenue by Player (2019-2024)
3.1.2 Global Air Suspension System and Components Revenue Market Share by Player (2019-2024)
3.2 Global Air Suspension System and Components Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Air Suspension System and Components by Region
4.1 Air Suspension System and Components Market Size by Region (2019-2024)
4.2 Global Air Suspension System and Components Annual Revenue by Country/Region (2019-2024)
4.3 Americas Air Suspension System and Components Market Size Growth (2019-2024)
4.4 APAC Air Suspension System and Components Market Size Growth (2019-2024)
4.5 Europe Air Suspension System and Components Market Size Growth (2019-2024)
4.6 Middle East & Africa Air Suspension System and Components Market Size Growth (2019-2024)
5 Americas
5.1 Americas Air Suspension System and Components Market Size by Country (2019-2024)
5.2 Americas Air Suspension System and Components Market Size by Type (2019-2024)
5.3 Americas Air Suspension System and Components Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Air Suspension System and Components Market Size by Region (2019-2024)
6.2 APAC Air Suspension System and Components Market Size by Type (2019-2024)
6.3 APAC Air Suspension System and Components Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Air Suspension System and Components Market Size by Country (2019-2024)
7.2 Europe Air Suspension System and Components Market Size by Type (2019-2024)
7.3 Europe Air Suspension System and Components Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Air Suspension System and Components by Region (2019-2024)
8.2 Middle East & Africa Air Suspension System and Components Market Size by Type (2019-2024)
8.3 Middle East & Africa Air Suspension System and Components Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Air Suspension System and Components Market Forecast
10.1 Global Air Suspension System and Components Forecast by Region (2025-2030)
10.1.1 Global Air Suspension System and Components Forecast by Region (2025-2030)
10.1.2 Americas Air Suspension System and Components Forecast
10.1.3 APAC Air Suspension System and Components Forecast
10.1.4 Europe Air Suspension System and Components Forecast
10.1.5 Middle East & Africa Air Suspension System and Components Forecast
10.2 Americas Air Suspension System and Components Forecast by Country (2025-2030)
10.2.1 United States Market Air Suspension System and Components Forecast
10.2.2 Canada Market Air Suspension System and Components Forecast
10.2.3 Mexico Market Air Suspension System and Components Forecast
10.2.4 Brazil Market Air Suspension System and Components Forecast
10.3 APAC Air Suspension System and Components Forecast by Region (2025-2030)
10.3.1 China Air Suspension System and Components Market Forecast
10.3.2 Japan Market Air Suspension System and Components Forecast
10.3.3 Korea Market Air Suspension System and Components Forecast
10.3.4 Southeast Asia Market Air Suspension System and Components Forecast
10.3.5 India Market Air Suspension System and Components Forecast
10.3.6 Australia Market Air Suspension System and Components Forecast
10.4 Europe Air Suspension System and Components Forecast by Country (2025-2030)
10.4.1 Germany Market Air Suspension System and Components Forecast
10.4.2 France Market Air Suspension System and Components Forecast
10.4.3 UK Market Air Suspension System and Components Forecast
10.4.4 Italy Market Air Suspension System and Components Forecast
10.4.5 Russia Market Air Suspension System and Components Forecast
10.5 Middle East & Africa Air Suspension System and Components Forecast by Region (2025-2030)
10.5.1 Egypt Market Air Suspension System and Components Forecast
10.5.2 South Africa Market Air Suspension System and Components Forecast
10.5.3 Israel Market Air Suspension System and Components Forecast
10.5.4 Turkey Market Air Suspension System and Components Forecast
10.6 Global Air Suspension System and Components Forecast by Type (2025-2030)
10.7 Global Air Suspension System and Components Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Air Suspension System and Components Forecast
11 Key Players Analysis
11.1 Continental
11.1.1 Continental Company Information
11.1.2 Continental Air Suspension System and Components Product Offered
11.1.3 Continental Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Continental Main Business Overview
11.1.5 Continental Latest Developments
11.2 Vibracoustic
11.2.1 Vibracoustic Company Information
11.2.2 Vibracoustic Air Suspension System and Components Product Offered
11.2.3 Vibracoustic Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Vibracoustic Main Business Overview
11.2.5 Vibracoustic Latest Developments
11.3 ZF
11.3.1 ZF Company Information
11.3.2 ZF Air Suspension System and Components Product Offered
11.3.3 ZF Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 ZF Main Business Overview
11.3.5 ZF Latest Developments
11.4 Delphi
11.4.1 Delphi Company Information
11.4.2 Delphi Air Suspension System and Components Product Offered
11.4.3 Delphi Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Delphi Main Business Overview
11.4.5 Delphi Latest Developments
11.5 Firestone
11.5.1 Firestone Company Information
11.5.2 Firestone Air Suspension System and Components Product Offered
11.5.3 Firestone Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Firestone Main Business Overview
11.5.5 Firestone Latest Developments
11.6 Hendrickson
11.6.1 Hendrickson Company Information
11.6.2 Hendrickson Air Suspension System and Components Product Offered
11.6.3 Hendrickson Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Hendrickson Main Business Overview
11.6.5 Hendrickson Latest Developments
11.7 AMK (Zhongding Group)
11.7.1 AMK (Zhongding Group) Company Information
11.7.2 AMK (Zhongding Group) Air Suspension System and Components Product Offered
11.7.3 AMK (Zhongding Group) Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 AMK (Zhongding Group) Main Business Overview
11.7.5 AMK (Zhongding Group) Latest Developments
11.8 Hitachi
11.8.1 Hitachi Company Information
11.8.2 Hitachi Air Suspension System and Components Product Offered
11.8.3 Hitachi Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Hitachi Main Business Overview
11.8.5 Hitachi Latest Developments
11.9 BILSTEIN
11.9.1 BILSTEIN Company Information
11.9.2 BILSTEIN Air Suspension System and Components Product Offered
11.9.3 BILSTEIN Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 BILSTEIN Main Business Overview
11.9.5 BILSTEIN Latest Developments
11.10 Tokiko
11.10.1 Tokiko Company Information
11.10.2 Tokiko Air Suspension System and Components Product Offered
11.10.3 Tokiko Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Tokiko Main Business Overview
11.10.5 Tokiko Latest Developments
11.11 Mando
11.11.1 Mando Company Information
11.11.2 Mando Air Suspension System and Components Product Offered
11.11.3 Mando Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Mando Main Business Overview
11.11.5 Mando Latest Developments
11.12 Tenneco
11.12.1 Tenneco Company Information
11.12.2 Tenneco Air Suspension System and Components Product Offered
11.12.3 Tenneco Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Tenneco Main Business Overview
11.12.5 Tenneco Latest Developments
11.13 Marelli
11.13.1 Marelli Company Information
11.13.2 Marelli Air Suspension System and Components Product Offered
11.13.3 Marelli Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Marelli Main Business Overview
11.13.5 Marelli Latest Developments
11.14 Mobis
11.14.1 Mobis Company Information
11.14.2 Mobis Air Suspension System and Components Product Offered
11.14.3 Mobis Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Mobis Main Business Overview
11.14.5 Mobis Latest Developments
11.15 Shanghai Baolong
11.15.1 Shanghai Baolong Company Information
11.15.2 Shanghai Baolong Air Suspension System and Components Product Offered
11.15.3 Shanghai Baolong Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Shanghai Baolong Main Business Overview
11.15.5 Shanghai Baolong Latest Developments
11.16 Ningbo Tuopu
11.16.1 Ningbo Tuopu Company Information
11.16.2 Ningbo Tuopu Air Suspension System and Components Product Offered
11.16.3 Ningbo Tuopu Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Ningbo Tuopu Main Business Overview
11.16.5 Ningbo Tuopu Latest Developments
11.17 Tianrun
11.17.1 Tianrun Company Information
11.17.2 Tianrun Air Suspension System and Components Product Offered
11.17.3 Tianrun Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Tianrun Main Business Overview
11.17.5 Tianrun Latest Developments
11.18 KEBODA TECHNOLOGY
11.18.1 KEBODA TECHNOLOGY Company Information
11.18.2 KEBODA TECHNOLOGY Air Suspension System and Components Product Offered
11.18.3 KEBODA TECHNOLOGY Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 KEBODA TECHNOLOGY Main Business Overview
11.18.5 KEBODA TECHNOLOGY Latest Developments
11.19 KH Automotive Technologies
11.19.1 KH Automotive Technologies Company Information
11.19.2 KH Automotive Technologies Air Suspension System and Components Product Offered
11.19.3 KH Automotive Technologies Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.19.4 KH Automotive Technologies Main Business Overview
11.19.5 KH Automotive Technologies Latest Developments
11.20 Shanghai Komman Vehicle Component Systems Co
11.20.1 Shanghai Komman Vehicle Component Systems Co Company Information
11.20.2 Shanghai Komman Vehicle Component Systems Co Air Suspension System and Components Product Offered
11.20.3 Shanghai Komman Vehicle Component Systems Co Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.20.4 Shanghai Komman Vehicle Component Systems Co Main Business Overview
11.20.5 Shanghai Komman Vehicle Component Systems Co Latest Developments
11.21 CRRC Qingdao Sifang
11.21.1 CRRC Qingdao Sifang Company Information
11.21.2 CRRC Qingdao Sifang Air Suspension System and Components Product Offered
11.21.3 CRRC Qingdao Sifang Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.21.4 CRRC Qingdao Sifang Main Business Overview
11.21.5 CRRC Qingdao Sifang Latest Developments
11.22 GSP Automotive Group
11.22.1 GSP Automotive Group Company Information
11.22.2 GSP Automotive Group Air Suspension System and Components Product Offered
11.22.3 GSP Automotive Group Air Suspension System and Components Revenue, Gross Margin and Market Share (2019-2024)
11.22.4 GSP Automotive Group Main Business Overview
11.22.5 GSP Automotive Group Latest Developments
12 Research Findings and Conclusion
*If Applicable.