Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Automotive Air Suspension Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Automotive Air Suspension Market Growth?
The size of the automotive air suspension market has significantly expanded in the past few years. The market size which was $7.06 billion in 2024 is predicted to reach $7.48 billion in 2025, with a compound annual growth rate (CAGR) of 5.9%.
What Is the Predicted Industry Size and CAGR of the Automotive Air Suspension Market in 2029?
The Automotive Air Suspension Global Market is projected to grow to $9.5 billion in 2029, with a compound annual growth rate (CAGR) of 6.2%.
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Which Factors Are Driving Growth in the Automotive Air Suspension Market?
The key drivers in the automotive air suspension market are:
• Favorable government policies and incentives
• Surge in preference for electronically controlled air suspension systems
• Growing research and development abilities
• Rising production of vehicles and increasing off-road recreational activities
Which Segment Trends Are Covered in the Automotive Air Suspension Market Forecast?
The automotive air suspension market covered in this report is segmented –
1) By Control Type: Electronically Controlled Air Suspension, Non-Electronically Controlled Air Suspension
2) By Component: Air Springs, Shock Absorber, Compressor, Electronic Control Unit, Air Reservoir, Height And Pressure Sensor, Remote Control, Solenoid Valve, Other Component
3) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Bus And Coaches
4) By Sales Channel: Original Equipment Manufacturer, After market
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What Are the Current Market Trends in the Automotive Air Suspension Industry?
The key trends in the automotive air suspension market are:
• There is an increasing shift toward electronically controlled air suspension systems.
• The market is seeing a rising trend of lightweight air suspension components.
• The future of the market will be shaped by modular air suspension designs.
• Adoption rates for technologically advanced systems in air suspensions are expected to grow.
Who are the Key Companies in the Automotive Air Suspension Market?
Major players in the automotive air suspension market are:
• Hitachi Ltd.
• ZF Friedrichshafen AG
• ThyssenKrupp AG
• Continental AG
• Hyundai Mobis
• PACCAR Inc.
• Isuzu Motors Limited
• Tenneco Inc.
• Nidec Corporation
• Iveco S.p.A.
• DuPont de Nemours Inc.
• Hino Motors Ltd.
• Knorr-Bremse AG
• Meritor Inc.
• Hendrickson USA L.L.C.
• Sogefi S.p.A.
• SAF-Holland S.A.
• Wheels India Limited
• Magneti Marelli S.p.A.
• Stemco
• Vibracoustics
• Ridewell Corporation
• Bilstein
• Airlift Company
• Firestone Industrial Products
What are the Regional Trends Across the Automotive Air Suspension Market?
Asia-Pacific was the largest region in the automotive air suspension market in 2024
