Air Suspension Market to grow USD 4.69 billion at CAGR of 7.54% by 2021

Air Suspension system is rapidly being adapted by many automotive personals as it has multiple advantages to it with efficient power and resource management.

The Air Suspension Market is primarily driven by the increasing demand for luxury buses for long distance travel and growing significance of comfort and luxury among car buyers.

A little bit about Air suspension!

Air suspension is a type of vehicle suspension powered by an electric or engine-driven air pump or compressor. This compressor pumps the air into a flexible bellows, usually made from textile-reinforced rubber. The air pressure inflates the bellows, and raises the chassis from the axle.

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Market Value of Air suspension According to the Experts:

The Air Suspension Market is projected to grow at a CAGR of 7.54% from 2016 to 2021, to reach a market size of USD 4.69 billion by 2021. The passenger car segment is the fastest growing segment globally, in terms of both value and volume, whereas the heavy commercial vehicle segment is the promising market for air suspension systems in the near future. The increasing awareness about the benefits of air suspension along with shifting consumer preferences towards comfort and luxury is encouraging OEMs to focus on manufacturing more advanced suspension systems with increasing penetration in the case of passenger cars.

Changes in technology mean that systems are no longer clunky, slow and imprecise. Instead, they use fast, precision-based technology with advanced electronics that control everything from ride height to bag pressure, offering a smooth, controlled drive.

And it’s about time, as the car’s suspension system is an often-overlooked area. From a comfort and safety standpoint, your car’s suspension is integral to how your car drives. Shock absorbers and coil springs help absorb and direct road force, maintaining wheel oscillation, jounce and rebound.

Air Suspension Markets Detailed Analysis

Air suspension systems essentially replace a vehicle’s coil springs with air springs. The air springs are simply tough rubber and plastic bags inflated to a certain pressure and height to mimic the coil springs. But the similarities end there. By adding in an on-board air compressor, sensors and electronic controls, today’s air suspension systems provide several advantages over all-metal, conventional springs, including near-instant tuning, and the ability to adapt handling to different situations and vary load capability. For Custom Requirements Visit http://bit.ly/2A0lkAj

Over the last decade or so air suspension has become popular in the custom automobile culture: street rods, trucks, cars, and even motorcycles may have air springs. They are used in these applications to provide an adjustable suspension which allows vehicles to sit extremely low, yet be able rise to a level high enough to manoeuver over obstacles and inconsistencies on paved surfaces. These systems generally employ small, electric or engine-driven air compressors which sometimes fill an on-board air receiver tank which stores compressed air for use in the future without delay. These air receiver tanks aid in improving speed or torque. It is important that the tank is sized for the task and can be calculated using a specific formula involving the compressor output, standard atmospheric pressure and compressed pressure.

How Air Suspension Market is Affected Regionally?

Asia-Oceania is the fastest growing market for air suspension systems, both in terms of value and volume. The region comprises of emerging markets like China, Japan, India and South Korea which are characterized by increasing vehicle production and growing demand for comfort and convenience. These factors coupled with the fact that China, being one of the largest vehicle producers in the world, would drive the automotive air suspension market.

Companies Who Have Strong Hold in Air Suspension Market:

The air suspension market is dominated by a few globally established players, namely, Continental AG (Germany), Hendrickson International Corporation (U.S.), ThyssenKrupp AG (Germany), Dunlop Systems and Components (U.K.), Wabco Holdings Inc. (Belgium), Hitachi Ltd. (Japan), Accuair Suspension (U.S.) amongst others. Key growth strategies adopted by these players include new product development, partnerships, agreements, joint ventures, and supply contracts.

What are some common problems with Air Suspension?

The most common problem with air suspension parts are air leaks. Since an air suspension system uses air throughout the system to maintain the ride height and ride quality, if there is a leak in the air spring or air suspension compressor then your vehicle will sag. Common symptoms of an air leak include excessive wheel play and excessive swaying of the vehicle of the body.

If you are experiencing this problem we recommend seeing a professional for an evaluation of your air suspension system or visit to http://bit.ly/2BxsDvt for more information on Air Suspension Systems.