The automotive air suspension market will grow at a rate of 6.25% in the years to come, to reach a value of USD 10,805.66 million by 2030. This is because of the growing requirement of commercial automobiles accompanied by the comfort of the vehicle and safety which ultimately derive the requirement for the air suspension system specially in heavy vehicles.
Passenger cars had the largest share of over 50% in the past. This is because of the requirement for the greater comfort for the drivers, less deterioration on the suspension system which can ultimately decrease the severity and vibration of heavy-duty driving producing fatigue and less discomfort.
Air suspension passenger cars have a better transportation capacity due to the fact that these components advance the level and grip the suspension as a whole.
Additional expansions are starting to contain ECUs able to fit beneath the car floorboard, increasing the usage of air suspension in usual driving.APAC automotive air suspension market was dominant in the past, as stated by a market research professional at P&S Intelligence. Post pandemic, the region is developing majorly as a result of the recommencement of the offices which ultimately surge the requirement.
The customers are preferring premium vehicle including superior components for getting the quality rides from their cars, leading OEMs to contain air suspension systems more often in their designs.
Europe will have the fastest growth in the industry, in the coming years. This has a lot to do with the increasing requirement for comfortable public transit, which will improve the growth of the market in the years to come. France and Germany are the two major manufacturing hubs for the automotive stalwarts in the region.
People now demand more comfort and safety in the commercial vehicles all over the world, and this has a lot to do with the continuously increasing demand for automotive air suspension solutions in the years to come.
