Ozone Market Reports projects that the Air Suspension market size will grow from USD 3.53 Billion in 2017 to USD 5.40 Billion by 2023, at an estimated CAGR of 7.36%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

The market is primarily driven by the increasing demand for luxury buses for long distance travel and growing significance of comfort and luxury among car buyers.
The passenger car segment is the fastest growing segment globally, in terms of both value and volume, whereas the heavy commercial vehicle segment is the promising market for air suspension systems in the near future. The increasing awareness about the benefits of air suspension along with shifting consumer preferences towards comfort and luxury is encouraging OEMs to focus on manufacturing more advanced suspension systems with increasing penetration in the case of passenger cars.

By Market Players:
Continental AG , Thyssenkrupp AG , Wabco Holdings Inc. , Hendrickson International Corporation , Dunlop Systems and Components , Hitachi Ltd. , Mando Corporation , BWI Group , Accuair Suspension , Firestone Industrial Products , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

By Component
Air Spring, Shock Absorber, Air Compressor, Electronic Control Module , Air Reservoir , , , ,

By Technology
Electronically Controlled Air Suspension , Non-Electronically Controlled Air Suspension , , , , , , ,

By Rolling Stock Type
Diesel , DMU, EMU, , , , , ,

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The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

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