Automotive Air Suspension System Market, to grow at 4.3% CAGR, by 2032

Market Research Future (MRFR) has published on the “Global Air Compressor Market”.

The Global Automotive Air Suspension System Market is consistently growing due to the Increasing demand commercial vehicles as well as premium & luxury vehicles across globe as these vehicles commonly use air suspension systems. Furthermore, growing research & development abilities among key players in the market is likely to drive the region’s market throughout the forecast year. The demand for commercial vehicles has witnessed growth in recent years. According to Organization Internationale des Constructeurs d'Automobiles (OICA), sales of commercial vehicles have increased from 21.7 units in the year 2020 to 23.1 million units in the year 2021. The rise in sales is due to increasing infrastructure spending, growing e-commerce activities, and rising import-export trade.

The Automotive Air Suspension System market is estimated to register a CAGR of 4.3% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Automotive Air Suspension System market - 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.

Air Compressor Highlights

The global Automotive Air Suspension System market is accounted to register a CAGR of 4.3% during the forecast period and is estimated to reach USD 26.9 million by 2032.

The demand for commercial vehicles has witnessed growth in recent years. According to Organization Internationale des Constructeurs d'Automobiles (OICA) sales of commercial vehicles have increased from 21.7 units in the year 2020 to 23.1 million units in the year 2021. The rise in sales is due to increasing infrastructure spending, growing e-commerce activities, and rising import-export trade. Rising sales of commercial vehicles have boosted the demand for automotive air suspension. Most semi-trailers, heavy trucks as well as multi-axle buses in North American and European countries have automotive air suspension as a standard feature. Mercedes Actros, Volvo FH, Iveco Trakker, Freightliner Cascadia, Eurocargo, and Kenworth  T800, T470, T440, C500, and W900 are some heavy truck models which have standard fitment of air suspension. OEMs in South Korea, India, and China have also started installing automotive air suspension in heavy commercial vehicles. Global suppliers such as Continental AG, ZF Friedrichshafen AG, and Hendrickson have started following different strategies for catering to the demand as well as strengthening their presence in the market. In India, the installation of automotive air suspension in one axle would increase the carrying capacity of the vehicle by 1 to 2 tons. Similar benefits as well as upcoming regulations on cabin comfort for trucks have encouraged OEMs for offering automotive air suspension in the semi-trailers segment. This result in the rise in sales of commercial vehicles across the world is boosting the automotive air suspension market.

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Segment Analysis

The global Automotive Air Suspension System market has been segmented based on Technology, Component, and Vehicle Type.

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.

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.

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.

Regional Analysis

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.

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 Findings of the Study

• The global Automotive Air Suspension System market is expected to reach USD 26.9 million by 2032, at a CAGR of 4.3% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market, imperative factors, such as the significant number of investments in Asia-Pacific, making it the primary contributor to the market share.


• Based on Technology, the Manual Air Suspension segment was attributed to holding the largest market in 2022, with an approximate market share of 64.6%.


• 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., Dunlop Systems and Components Ltd, and Others are the key market players.