Passenger Car Air Suspension Market (Updated Version Available)

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. Passenger car air suspension is that air suspension used in place of passenger car.
An air suspension system in a passenger car is installed in order to have enhanced riding comfort as well as driving safety. Passenger cars that have an air suspension system installed can quickly and easily align themselves to the corresponding conditions of the terrain which they are currently driven on.
In the early 30s last century, American Firestone tire company firstly applied air suspension in car industry. In 1944 General motor company cooperated with Firestone Company on air suspension application in passenger car for first trial. The trial result showed air suspension system had inherent superiority.
Luxury passenger cars such as Mercedes-Benz, Audi, and BMW are increasingly demanded from regions such as Germany and China. The Americas also contribute significantly to the market segment, with the number of passenger cars equipped with air suspension expected to hit 0.81 million units by 2022 with the CAGR of 7.5% from 2017-2022. Market growth is primarily driven by growing concern for comfort and luxury.

The report offers detailed coverage of Passenger Car Air Suspension industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Passenger Car Air Suspension by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Passenger Car Air Suspension market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Passenger Car Air Suspension market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Continental
Wabco
Firestone
ThyssenKrupp Bilstein
Hitachi
Dunlop
BWI Group
Accuair Suspension

At the same time, we classify Passenger Car Air Suspension according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Electronically Controlled Air Suspension
Non-Electronically Controlled Air Suspension
Market by Application
Sedan
SUV
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Passenger Car Air Suspension market for the forecast period 2021 - 2025?
• What are the driving forces in the Passenger Car Air Suspension market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Passenger Car Air Suspension industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?