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    Automotive Air Suspension System Market

    ID: MRFR/AM/3855-CR
    167 Pages
    Sejal Akre
    March 2024

    Automotive Air Suspension System Market Research Report Information By Technology (manual air suspension, and electronic air suspension), By Component (shock absorber, air spring, air compressor, air reservoir, height sensor, electronic control unit, and others), By Vehicle Type (passenger cars, light commercial vehicles, and heavy commercial vehicles), Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) - Forecast till 2035

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    Automotive Air Suspension System Market Infographic
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    Automotive Air Suspension System Market Summary

    As per Market Research Future Analysis, the Global Automotive Air Suspension System Market was valued at USD 19.30 billion in 2024 and is projected to grow to USD 30.61 billion by 2035, with a CAGR of 4.28% from 2025 to 2035. The growth is driven by increasing demand for commercial and luxury vehicles, alongside advancements in R&D among key players. The market is segmented by technology, with manual air suspension holding a 64.6% share in 2022, and by vehicle type, where heavy commercial vehicles contributed 45.05% to the revenue. The Asia-Pacific region dominated the market in 2022, supported by significant automotive sector growth in China, India, and Japan.

    Key Market Trends & Highlights

    Key trends influencing the Automotive Air Suspension System market include:

    • Rising demand for lightweight air suspension systems to improve fuel efficiency and reduce CO2 emissions.
    • Heavy commercial vehicles segment expected to drive growth due to increasing logistics and transportation needs.
    • Asia-Pacific region projected to maintain the largest market share, driven by automotive sector expansion in China and India.
    • Manual air suspension technology held a significant market share of 64.6% in 2022.

    Market Size & Forecast

    2024 Market Size USD 19.30 Billion
    2035 Market Size USD 30.61 Billion
    CAGR (2024-2035) 4.28%

    Major Players

    Major players include Continental AG, Hitachi, Ltd., Tuopu Group, Vibracoustic, Thyssenkrupp AG, ZF Friedrichshafen AG, and Tenneco Inc.

    Automotive Air Suspension System Market Trends

    Rising demand for lightweight air suspension system

    The trend of lightweight vehicles allows OEMs to lower CO2 emissions as well as to improve fuel efficiency. To achieve the goal of reduction in the fuel consumption of vehicles fitted installed with air consumption systems. The chassis, as well as the suspension system, consist of 22%-27% of the weight of the light-duty vehicle (LCV) which includes steering suspension and brakes along with wheels and tires. Conventional suspension systems are generally heavy thus increasing vehicle weight and rising fuel consumption.

    As a result, the need for appropriate material composition for reducing the weight of components and chassis without affecting performance is rising among suspension manufacturers. Kenworth Truck Company managed to lower the weight of the suspension system by around 400 pounds by using an air-ride suspension system. SAF Holland S.E. has developed a lightweight CBX23 AeroBeam fixed frame air suspension, which provides strength as well as weight for enhancing performance in a heavy truck.

    The increasing demand for enhanced ride comfort and vehicle stability is driving the adoption of advanced air suspension systems in the automotive sector.

    U.S. Department of Transportation

    Automotive Air Suspension System Market Drivers

    Market Growth Projections

    The Global Automotive Air Suspension System Market Industry is poised for substantial growth, with projections indicating a market value of 19.3 USD Billion in 2024 and an anticipated increase to 30.6 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 4.28% from 2025 to 2035. Such figures reflect the increasing adoption of air suspension systems across various vehicle segments, driven by consumer preferences for comfort, technological advancements, and regulatory support for environmental sustainability. The market's expansion is indicative of a broader trend towards innovative automotive solutions.

    Growth of the Electric Vehicle Market

    The growth of the electric vehicle market significantly impacts the Global Automotive Air Suspension System Market Industry. As electric vehicles gain popularity, manufacturers are increasingly incorporating air suspension systems to enhance ride quality and performance. These systems are particularly beneficial for electric vehicles, as they can help manage the vehicle's weight distribution and battery placement. The integration of air suspension in electric vehicles not only improves comfort but also contributes to energy efficiency. This trend is expected to bolster the market, aligning with the overall growth trajectory of the automotive sector.

    Rising Adoption in Commercial Vehicles

    The rising adoption of air suspension systems in commercial vehicles is a notable driver in the Global Automotive Air Suspension System Market Industry. Commercial vehicles, such as trucks and buses, benefit from air suspension systems by improving load management and ride comfort, which is essential for long-haul transportation. As logistics and freight industries expand globally, the demand for vehicles equipped with air suspension systems is likely to increase. This trend underscores the importance of air suspension technology in enhancing operational efficiency and driver comfort, further propelling market growth.

    Regulatory Support for Emission Reduction

    Regulatory frameworks aimed at reducing emissions significantly influence the Global Automotive Air Suspension System Market Industry. Governments worldwide are implementing stringent emission standards, encouraging manufacturers to adopt technologies that enhance fuel efficiency and reduce environmental impact. Air suspension systems contribute to this goal by optimizing vehicle weight distribution and improving aerodynamics. As a result, vehicles equipped with air suspension systems are more likely to comply with evolving regulations, thereby driving market growth. This regulatory support is likely to be a key factor in the anticipated CAGR of 4.28% from 2025 to 2035.

    Increasing Demand for Comfort and Performance

    The Global Automotive Air Suspension System Market Industry experiences a rising demand for enhanced comfort and performance in vehicles. Consumers increasingly prefer vehicles that offer superior ride quality, which air suspension systems provide by adjusting the vehicle's height and damping characteristics. This trend is particularly evident in luxury and high-performance vehicles, where manufacturers are integrating advanced air suspension systems to meet consumer expectations. As a result, the market is projected to reach 19.3 USD Billion in 2024, reflecting the growing consumer inclination towards comfort-driven automotive innovations.

    Technological Advancements in Air Suspension Systems

    Technological advancements play a crucial role in the Global Automotive Air Suspension System Market Industry. Innovations such as electronically controlled air suspension systems enhance vehicle handling and stability, adapting to varying road conditions in real-time. These systems utilize sensors and algorithms to optimize performance, thereby improving safety and comfort. As manufacturers invest in research and development, the integration of smart technologies is expected to drive market growth. This trend aligns with the projected market value of 30.6 USD Billion by 2035, indicating a robust future for technologically advanced air suspension solutions.

    Market Segment Insights

    Automotive Air Suspension System by Technology Insights

    The Automotive Air Suspension System market segmentation, based on technology, includes manual air suspension, and electronic air suspension. The Manual Air Suspension segment held the majority share in 2022, contributing around ~ 64.6% to the market revenue.

    Air suspension which is not electronics and allows the compressor pumps air inside flexible bellows, which are made of textile-reinforced rubber. Air suspension uses pressurized air. The pressure of air inflates the bellows as well as raises the chassis from the axle. Air suspension is among the most comfortable as well as load-bearing suspensions used on most top-line luxury as well as sports cars. Due to their high load-bearing capacity, they are also used in buses and trucks.

    It can electronically modify the shocks and struts for creating a smooth ride. Some electronic suspensions are designed to automatically adapt to changing road conditions for enhanced handling in all types of terrain. This unit automatically computes whether the pressure in the bellows requires to be adjusted by using the solenoid valve and ensures an efficient suspension. Optimum vehicle vibration absorption performance at the time when the vehicle is in motion which prevents cargo from shifting as well as ensures the safe delivery of precision equipment.

    Automotive Air Suspension System Market SIZE (USD BILLION) Technology 2022 VS 2032

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Automotive Air Suspension System Component Insights

    According to component, the segment is divided into shock absorber, air spring, air compressor, air reservoir, height sensor, electronic control unit, and others. Air springs segment held the majority share in 2022, contributing around ~ 37.16% to the market revenue. Air springs are designed of textile-reinforced rubber which reduces the weight of suspension systems. This will lead manufacturers for developing lightweight air suspension systems as well as related components to expand the business in the coming years.

    Air reservoir is also known as an air receiver or air tank; the main function of an air reservoir is to serve as temporary storage for the accommodation of peak demand for compressed air. Air reservoirs act as a buffer between the system as well as any fluctuation in pressure. It also acts for dampening pulsations from discharge lines of the compressed air system, which result in steady pressure. The air reservoir can also help for preventing frequent loading as well as loading of compressed air system along with precipitating any moisture within any compressed air generated.

    Automotive Air Suspension System Market SIZE (USD BILLION) Organization Size 2022 VS 2032

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Automotive Air Suspension System Vehicle Type Insights

    According to vehicle type, the segment is divided into passenger cars, light commercial vehicles, and heavy commercial vehicles. Heavy Commercial Vehicles segment held the majority share in 2022, contributing around ~ 45.05% to the market revenue. Heavy commercial vehicles (HCV) include heavy trucks, tractors, and trailers. The growing transportation & logistics industry across the globe is primarily boosting the requirement of heavy commercial vehicles.

    The growth in the use of combination vehicles, such as truck trailers and semi-trailers, further raises the demand for automotive air suspension. Thus, the increase in the adoption rate of good quality automotive air suspension in heavy commercial vehicles is expected to drive the growth of the heavy commercial vehicle segment during the forecast period.

    Get more detailed insights about Automotive Air Suspension System Market Research Report - Global Forecast to 2032

    Regional Insights

    By Region, the study segments the market into North America, Europe, Asia-Pacific, Middle East & Africa, and South and Central America. Asia Pacific accounted for the largest share of revenue in 2022 and is expected to retain its dominance over the forecasted period because of the enormous development of the automobile sector in nations such as China, India, and Japan.

    To strengthen their market position, several manufacturers are working on expanding their businesses and sales for automobiles in recent years. For instance, In November 2022, Maruti Suzuki has announced plans for spending USD 865.12 million on various projects which include the establishment of new facility in Haryana (India) as well as the introduction of new models.

    China is the largest automotive sector in the world, with passenger vehicle manufacturing in the year 2022 was 2.8 million units and 3.1 million units of commercial vehicles. Furthermore, India has a strong position across the world in heavy vehicles as it is the largest tractor manufacturer, second largest bus producer, as well as a third largest heavy truck producer across the world.

    Further, the countries considered in the scope of the Automotive Air Suspension System market are the U.S, Canada, Mexico, Germany, UK, Spain, Italy, China, Japan, India, Brazil, Argentina.

    Automotive Air Suspension System Market SIZE (USD BILLION) REGION 2022 VS 2032

    Automotive Air Suspension System Market SIZE (USD BILLION) REGION 2022 VS 2032

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    North America will witness growth in the coming years. Due to having expanding infrastructure as well as government support for electric vehicles, the region is home to various major automakers. The region leads to electronics-controlled air suspension due to a higher adoption rate for technologically advanced systems, Mercedes S-Class, Audi A8, Porsche Cayenne, Volkswagen Touareg, and Land Rover Discovery are some passenger vehicle models having electronics-controlled systems.

    Rising demand for luxury vehicles across Europe, growing replacement demands because of high vehicle age, as well as increased government investment in infrastructure are to propel the industry forward. Furthermore, the increasing popularity of electric air suspension is estimated to fuel demand around Europe. The automotive sector in the Middle East and Africa is growing at 36% with Saudi Arabia as the leading market in the region according to International Trade Administration. In South America the major factor driving the growth in demand for passenger cars is the lower interest rate as well as improved consumer confidence.

    Key Players and Competitive Insights

    Major market players are spending a lot of money on R&D to increase their product lines, which will help the Automotive Air Suspension System market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Automotive Air Suspension System industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

    The major players in the market include Continental AG, Hitachi, Ltd., Tuopu Group, Vibracoustic, Shanghai Baolong Automotive Corporation, Thyssenkrupp AG, ZF Friedrichshafen AG, KYB Corporation, Tenneco Inc., Firestone Airide , Linyi Tianyi Shock Absorber Co., Ltd., Qingdao ATC Auto Parts Co., Ltd., Guangzhou GUOMAT Auto Parts Co., Ltd., Qingdao Manwo Vibration Technology Co., Ltd., Hendrickson USA, L.L.C., HL Mando Corp., BWI Group, SAF-HOLLAND SE, AccuAir Suspension, Ride Control, LLC, Lynx Auto, Aptiv, Arnott, Westar, Dorman Products, Inc., Foshan Shunde HongGu Auto Parts Co., Ltd., Jiangxi Yuancheng Automobile Technology Co., Ltd., Ningbo Alita Pneumatic Technology Co., Ltd., Meritor, Inc., and Dunlop Systems and Components Ltd.

    Continental AG’s strategy is clear and is based on three cornerstones like, strengthening operational performance, differentiating the portfolio, and turning change into opportunity. The company has paved its way early to proactively shape the transformation in the automotive industry by launching its “Transformation 2019–2029 Program” which will enable to accomplish gross savings of about USD 843 million annually from 2023 onwards. Continental will continue to make new agreements to expand its business and enhance its capabilities.

    It is persistently entering into partnerships with smaller specialist firms and start-up companies that will advance the business and technology more swiftly, as well as help in expanding company’s own additional areas of expertise.

    Key Companies in the Automotive Air Suspension System Market market include

    Industry Developments

    • Q2 2024: Continental Expands Air Suspension Production with New Facility in Mexico Continental AG announced the opening of a new manufacturing facility in Aguascalientes, Mexico, dedicated to producing air suspension systems for automotive OEMs, aiming to meet growing demand in North America.
    • Q2 2024: ZF Friedrichshafen Wins Major Air Suspension Contract from Chinese EV Maker NIO ZF Friedrichshafen secured a multi-year contract to supply advanced air suspension modules for NIO’s next-generation electric SUVs, marking a significant expansion of ZF’s presence in the Chinese EV market.
    • Q3 2024: Tesla Introduces Adaptive Air Suspension as Standard on 2025 Model S and X Tesla announced that its 2025 Model S and Model X vehicles will feature adaptive air suspension as standard equipment, enhancing ride comfort and vehicle handling for premium customers.
    • Q2 2024: Hendrickson Launches Next-Gen Air Suspension System for Heavy-Duty Trucks Hendrickson unveiled its new UltraRide Pro air suspension system, designed to improve durability and ride quality for Class 8 trucks, with initial deliveries to major North American fleets scheduled for late 2024.
    • Q1 2025: Mercedes-Benz Partners with Vibracoustic for Advanced Air Suspension in EQS SUV Mercedes-Benz announced a partnership with Vibracoustic to co-develop and supply advanced air suspension systems for the upcoming EQS SUV, focusing on improved efficiency and ride comfort for electric luxury vehicles.
    • Q2 2025: Arnott Opens European Distribution Center for Aftermarket Air Suspension Parts Arnott, a leading aftermarket air suspension supplier, opened a new distribution center in the Netherlands to accelerate delivery of air suspension components to European customers.
    • Q3 2024: Tenneco Secures OEM Supply Deal for Air Suspension Modules with Stellantis Tenneco announced a new OEM supply agreement to provide air suspension modules for select Stellantis SUV models, with production set to begin in early 2025.
    • Q1 2025: Dunlop Systems and Components Launches Lightweight Air Suspension Platform Dunlop Systems and Components introduced a new lightweight air suspension platform aimed at electric and hybrid vehicles, targeting European and Asian automakers.
    • Q2 2024: Fox Factory Acquires Air Suspension Specialist Air Lift Company Fox Factory Holding Corp. completed the acquisition of Air Lift Company, a leading manufacturer of air suspension products, to expand its portfolio in the automotive and specialty vehicle markets.
    • Q2 2025: Mando Corporation Wins Contract to Supply Air Suspension Systems to Hyundai Genesis Mando Corporation announced it has been selected as the air suspension system supplier for the 2026 Hyundai Genesis G90, with production ramping up in late 2025.
    • Q1 2025: Volkswagen Group Invests in New Air Suspension R&D Center in Germany Volkswagen Group announced a €120 million investment in a new research and development center focused on next-generation air suspension technologies for electric and autonomous vehicles.
    • Q3 2024: WABCO (ZF) Launches Smart Air Suspension System for Commercial Fleets WABCO, a ZF company, introduced a smart air suspension system with predictive load adjustment and remote diagnostics, targeting large commercial vehicle fleets in Europe and North America.

    Future Outlook

    Automotive Air Suspension System Market Future Outlook

    The Automotive Air Suspension System Market is projected to grow at a 4.28% CAGR from 2025 to 2035, driven by advancements in technology, increasing demand for comfort, and regulatory changes promoting vehicle safety.

    New opportunities lie in:

    • Develop lightweight materials to enhance efficiency and performance.
    • Invest in smart air suspension systems integrating IoT for real-time adjustments.
    • Expand into emerging markets with tailored solutions for local vehicle types.

    By 2035, the market is expected to achieve substantial growth, reflecting evolving consumer preferences and technological advancements.

    Market Segmentation

    Automotive Air Suspension System Regional Outlook

    North America
    • US
    • Canada
    • Mexico
    Europe
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
    Middle East & Africa
    • South America
    • Brazil
    • Argentina
    • Rest of South America

    Automotive Air Suspension System Component Outlook (USD Billion, 2018-2032)

    Shock Absorber
    • Single Tube
    • Twin Tube

    Automotive Air Suspension System Technology Outlook (USD Billion, 2018-2032)

    • Manual Air Suspension
    • Electronic Air Suspension

    Automotive Air Suspension System Vehicle Type Outlook (USD Billion, 2018-2032)

    • Passenger Cars
    • Light Commercial Vehicles
    • Heavy Commercial Vehicles

    Report Scope

    Attribute/Metric Details
    Market Size 2024 USD 19.30 Billion
    Market Size 2035 30.61
    Compound Annual Growth Rate (CAGR) 4.28% (2025 - 2035)
    Base Year 2024
    Forecast Period 2025 - 2035
    Historical Data 2018-2022
    Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered Technology, Component, and Vehicle Type
    Geographies Covered North America, Europe, Asia Pacific, Middle East & Africa, and South America
    Countries Covered The U.S, Canada, Mexico, Germany, UK, Spain, Italy, China, Japan, India, Brazil, Argentina.
    Key Companies Profiled Continental AG, Hitachi, Ltd., Tuopu Group, Vibracoustic, Shanghai Baolong Automotive Corporation, Thyssenkrupp AG, ZF Friedrichshafen AG, KYB Corporation, Tenneco Inc., Firestone Airide , Linyi Tianyi Shock Absorber Co., Ltd., Qingdao ATC Auto Parts Co., Ltd., Guangzhou GUOMAT Auto Parts Co., Ltd., Qingdao Manwo Vibration Technology Co., Ltd., Hendrickson USA, L.L.C., HL Mando Corp., BWI Group, SAF-HOLLAND SE, AccuAir Suspension, Ride Control, LLC, Lynx Auto, Aptiv, Arnott, Westar, Dorman Products, Inc., Foshan Shunde HongGu Auto Parts Co., Ltd., Jiangxi Yuancheng Automobile Technology Co., Ltd., Ningbo Alita Pneumatic Technology Co., Ltd., Meritor, Inc., and Dunlop Systems and Components Ltd
    Key Market Opportunities ·       Rising demand for lightweight air suspension system
    Key Market Dynamics ·       Increasing sales of commercial vehicles ·       Increase in demand for premium and luxury vehicles
    Market Size 2025 20.13

    Market Highlights

    Author
    Sejal Akre
    Senior Research Analyst

    She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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    FAQs

    How much is the Automotive Air Suspension System market in 2022?

    The market for Automotive Air Suspension System was held at USD 18.51 Billion in 2023

    What is the market size for 2032, for the Automotive Air Suspension System Market?

    The market size for Automotive Air Suspension System is expected to be USD 26.99 Billion in 2032

    What is the growth rate of the Automotive Air Suspension System market?

    The growth of Automotive Air Suspension System market is anticipated at CAGR 4.28% during 2024-2032.

    Which region held the largest market share in the Automotive Air Suspension System market?

    Asia Pacific held the largest market share owing to the rise in the development of technological advancements and growing sales of commercial vehicles in recent years.

    Who are the prominent players in the Automotive Air Suspension System market?

    The key players in the Automotive Air Suspension System Market are Continental AG, Hitachi, Ltd., Tuopu Group, Vibracoustic, Shanghai Baolong Automotive Corporation, Thyssenkrupp AG, ZF Friedrichshafen AG, KYB Corporation, Tenneco Inc., Firestone Airide , Linyi Tianyi Shock Absorber Co., Ltd., Qingdao ATC Auto Parts Co., Ltd., Guangzhou GUOMAT Auto Parts Co., Ltd., Qingdao Manwo Vibration Technology Co., Ltd., Hendrickson USA, L.L.C., HL Mando Corp., BWI Group, SAF-HOLLAND SE, AccuAir Suspension, Ride Control, LLC, Lynx Auto, Aptiv, Arnott, Westar, Dorman Products, Inc., Foshan Shunde HongGu Auto Parts Co., Ltd., Jiangxi Yuancheng Automobile Technology Co., Ltd., Ningbo Alita Pneumatic Technology Co., Ltd., Meritor, Inc., and Dunlop Systems and Components Ltd

    Which Technology led the Automotive Air Suspension System market?

    The Manual Air Suspension category dominated the market in 2023.

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