Air Spring Market
Air Spring Market by Type (Convoluted bellows, Rolling lobe bellows, and Sleeve Bellows), by Technology (Non-electronically operated and Electronically operated), by End-User (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle, and Others) - Industry Size, Share, Global Trends, Competitive Analysis and Forecast, 2019 to 2025
Air springs are a type of suspension systems used for providing smooth braking systems in automobiles. Due to their extra comfort and shock absorbing properties, the air springs are beneficial over mechanical leaf and coil springs. Moreover, the usage of air suspensions in automobiles enhance the safety features. This increases the adoption rates of air springs in passenger cars and commercial vehicles. The market for air spring is projected to grow significantly during the forecast period due to increasing demands for long-distance luxury buses and luxury cars. However, the high costs of developing air suspensions and the growing presence of local suppliers are expected to threaten the growth of the air spring market.
The global air spring market has been segmented on the basis of product type, technology, and end-user. The market is further segmented on the basis of product type into convoluted bellows, rolling lobe bellows and sleeve bellows. Further, on the basis of technology, the market is divided into non-electronically operated and electronically-operated. The segment convoluted bellows are anticipated to have a significant share in the market due to its rigidity which offers more control to the automobiles when heavyweights are applied. Moreover, the increasing installation of convoluted bellows allows the automobiles to have a comfortable ride in extreme roads. Whereas by technology, the non-electronically controlled segment is expected to have a considerable share in the market, however, the electronically controlled segment is expected to grow due to its benefits to handle vibrations and providing a comfortable ride.
Europe is anticipated to have significant market size geographically owing to the presence of major key players in the market such as Continental AG, ThyssenKrupp AG, and others. The adoption rate of air springs is higher in this region owing to importance in passenger cars such as BMW, Mercedes-Benz, Porsche, Audi, and Land Rover. Moreover, the installation of air spring systems is higher in semi-trailers and multi-axle buses. North America is expected to have significant growth in the air spring market for the craving demand for luxury vehicles. Asia-Pacific is anticipated to witness the significant growth owing to the increasing production of passenger cars and commercial vehicles in the region. The air spring market includes a few major companies such as Accuair Suspension, Firestone Industrial LLC, Hendrickson LLC, Air Lift Co., Continental AG, ITT Inc., WABCO Holdings Inc., and STEMCO Products, Inc.
RESEARCH METHODOLOGY:
The market study of the air spring market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Authentic Public Databases such as the OICA, OECD, and others
- Whitepapers, research-papers and news blogs
- Company websites and their product catalog
The report is intended for automotive companies, research organizations, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
Market Segmentation:
Global Air Spring Market is segmented on the basis of regional outlook and following segments:
- Global Air Spring Market by Type.
- Global Air Spring Market by Technology.
- Global Air Spring Market by End-user.
The Report Covers:
- Comprehensive research methodology of the air spring market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global air spring market.
- Insights about market determinants which are stimulating the global air spring market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Accuair Suspension
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. WABCO Holdings Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Hendrickson USA, LLC
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. STEMCO Products, Inc.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Continental AG
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3 Opportunities
5. Market Segmentation
5.1. Global Air Spring Market by Type
5.1.1. Convoluted Bellows
5.1.2. Rolling Lobe Bellows
5.1.3. Sleeve Bellows
5.2. Global Air Spring Market by Technology
5.2.1. Non-Electronically Operated
5.2.2. Electronically Operated
5.3. Global Air Spring Market by End-User
5.3.1. Passenger Car
5.3.2. Light Commercial Vehicle (LCV)
5.3.3. Heavy Commercial Vehicle (HCV)
5.3.4. Others
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Accuair Suspension
7.2. Air Lift Co.
7.3. Aktas North America Corp.
7.4. BWI Group
7.5. Continental AG
7.6. Dunlop Systems and Components, Ltd.
7.7. Firestone Industrial Products Company, LLC
7.8. Hendrickson USA, LLC
7.9. Hitachi, Ltd.
7.10. ITT, Inc.
7.11. Mando Corp.
7.12. Mitsubishi Steel Mfg. Co., Ltd.
7.13. NHK Spring Co., Ltd.
7.14. Rassini, S.A.B. de C.V.
7.15. Ridewell Corp.
7.16. SAF-Holland S.A.
7.17. Sogefi SpA
7.18. STEMCO Products, Inc.
7.19. Stengel Bros., Inc.
7.20. Sumitomo Electric Industries, Ltd.
7.21. ThyssenKrupp AG
7.22. Vibracoustic AG & Co. KG
7.23. VB-Airsuspension B.V.
7.24. VDL Weweler-Colaert N.V.
7.25. WABCO Holdings, Inc.
1. GLOBAL AIR SPRING MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025($ MILLION)
2. GLOBAL CONVOLUTED BELLOWS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)
3. GLOBAL ROLLING LOBE BELLOWS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)
4. GLOBAL SLEEVE BELLOWS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)
5. GLOBAL AIR SPRING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025($ MILLION)
6. GLOBAL NON-ELECTRONICALLY OPERATED MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)
7. GLOBAL ELECTRONICALLY OPERATED MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)
8. GLOBAL AIR SPRING MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025($ MILLION)
9. GLOBAL PASSENGER CAR MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)
10. GLOBAL LCV MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)
11. GLOBAL HCV MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)
12. GLOBAL OTHER VEHICLES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025($ MILLION)
13. GLOBAL AIR SPRING MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025($ MILLION)
14. NORTH AMERICAN AIR SPRING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025($ MILLION)
15. NORTH AMERICAN AIR SPRING MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025($ MILLION)
16. NORTH AMERICAN AIR SPRING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025($ MILLION)
17. NORTH AMERICAN AIR SPRING MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025($ MILLION)
18. EUROPEAN AIR SPRING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025($ MILLION)
19. EUROPEAN AIR SPRING MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025($ MILLION)
20. EUROPEAN AIR SPRING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025($ MILLION)
21. EUROPEAN AIR SPRING MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025($ MILLION)
22. ASIA-PACIFIC AIR SPRING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025($ MILLION)
23. ASIA-PACIFIC AIR SPRING MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025($ MILLION)
24. ASIA-PACIFIC AIR SPRING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025($ MILLION)
25. ASIA-PACIFIC AIR SPRING MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025($ MILLION)
26. REST OF THE WORLD AIR SPRING MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025($ MILLION)
27. REST OF THE WORLD AIR SPRING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025($ MILLION)
28. REST OF THE WORLD AIR SPRING MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025($ MILLION)
1. GLOBAL AIR SPRING MARKET SHARE BY TYPE, 2018 VS 2025(%)
2. GLOBAL AIR SPRING MARKET SHARE BY TECHNOLOGY, 2018 VS 2025(%)
3. GLOBAL AIR SPRING MARKET SHARE BY END-USER, 2018 VS 2025(%)
4. GLOBAL AIR SPRING MARKET SHARE BY GEOGRAPHY, 2018 VS 2025(%)
5. US AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
6. CANADA AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
7. UK AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
8. FRANCE AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
9. GERMANY AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
10. SPAIN AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
11. ITALY AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
12. ROE AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
13. INDIA AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
14. CHINA AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
15. JAPAN AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
16. REST OF ASIA-PACIFIC AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
17. REST OF THE WORLD AIR SPRING MARKET SIZE, 2018-2025($ MILLION)
