Global Air Suspension Market Air Suspension Market size was estimated to be USD 8.9 billion in 2023 and is expected to grow up to USD 13.9 billion by 2030 at a CAGR of 6.10% during the forecast period ranging between 2025 and 2030.

Published Date: Oct, 2024

The Global Air Suspension Market Air Suspension Market size was estimated to be USD 8.9 billion in 2023 and is expected to grow up to USD 13.9 billion by 2030 at a CAGR of 6.10% during the forecast period ranging between 2025 and 2030.

Air suspension refers to a special type of vehicle suspension which is powered by an air pump that operates on electric or is driven by the engine of the vehicle itself. The compressor inflates the air bags that are typically made of flexible material. This is an advanced technology that is extensively used in heavy-duty trucks, luxury cars, and buses. The prime objective of it is to offer a smoother ride and greater control than conventional steel springs. The mechanism adjusts the height of the vehicle automatically and improves handling. A major challenge to the air suspension market growth is the high cost of installation and maintenance in comparison to traditional suspension systems.

Browse 74 market data Tables and 45 Figures spread through 197 Pages and in-depth TOC on Global Air Suspension Market By Vehicles Type (Passenger Vehicles, Commercial Vehicles and Others), By System Type (Electronic Air Suspension, Semi-Active Air Suspension and Passive Air Suspension), By Component (Air Springs, Compressors, Height Sensors, and Control Units), By Application (On-Road and Off-Road), By Distribution Channel (Original Equipment Manufacturers and Aftermarket) and By Geography (North America, Europe, Asia Pacific, Middle East and Africa) - Global Forecast from 2025 to 2030.

Global Air Suspension Market Segmentation and Key Players

Segment / Key Players

Categorization

Vehicles Type

Passenger Vehicles, Commercial Vehicles and Others

System Type

Electronic Air Suspension, Semi-Active Air Suspension and Passive Air Suspension

Component

Air Springs, Compressors, Height Sensors, and Control Units

Application

On-Road and Off-Road

Distribution Channel

Original Equipment Manufacturers and Aftermarket

By vehicle type, passenger vehicles dominate the Global Air Suspension Market  

The passenger vehicles segment is the most dominating one than the others due to the rising consumer preference for luxury and riding comfort.

"North America dominates the global air suspension market." 

The North American region of the air suspension market is most dominating, especially in the US and Canada. This is mainly due to the high demand for luxury vehicles, developed commercial transportation, growing consumer preference for comfort, strict regulations on emissions, greater focus on improving vehicle performance, and technological advancements.

Some of the key players in this market are Continental AG, Wabco Holdings, Hendrickson International, Mando Corporation, Firestone Industrial Products, ThyssenKrupp Bilstein, ZF Friedrichshafen AG, Hitachi, Accuair Suspension, Vibracoustics

The Global Air Suspension Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.

Global Air Suspension Market coverage (By Value)

  • Vehicle Type Insight and Forecast 2025 - 2030
    • Passenger Vehicles
    • Commercial Vehicles
    • Others
  • System type Insight and Forecast 2025 - 2030
    • Electronic Air Suspension
    • Semi-Active Air Suspension
    • Passive Air Suspension
  • Component Insight and Forecast 2025 - 2030
    • Air Springs
    • Compressors
    • Height Sensors
    • Control Units
  • Application Insight and Forecast 2025 - 2030
    • On-Road
    • Off-Road
  • Distribution Channel Insight and Forecast 2025 - 2030
    • OEM
    • Aftermarket

Geographical Segmentation

Global Air Suspension Market by Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Vietnam
    • Thailand
    • Malaysia
    • Rest of Asia-Pacific
  • Rest of the World (RoW)
    • Brazil
    • Saudi Arabia
    • South Africa
    • U.A.E.
    • Other Countries