Automotive Air Suspension Systems Market

Overview

The global industry for automotive air suspension systems market was valued at USD 19.15 Billion in 2022. It is estimated to grow at a CAGR of 4.88% from 2023 to 2032 and reach USD 29.41 Billion by the end of 2032.

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Global Automotive Air Suspension Industry Growth

Increased demand for premium autos and commercial vehicles.
Increased demand for vehicle comfort and safety features.
Increased use of air suspension systems in big commercial vehicles.
Consistently increasing aftermarket demand for lightweight air suspension systems.
An increase in luxury car sales due to increased disposable income in emerging economies.
Manufacturers are concentrating on enhancing the dependability of air suspension systems.
The higher cost of these technologies may impede market growth.

Introduction to the Automotive Air Suspension System Market

An air suspension system is a type of vehicle suspension that employs an electric pump or compressor to inflate flexible rubber-reinforced textile bellows.
The system supports the vehicle’s axle using air springs instead of traditional steel or leaf springs.
By adjusting the suspension height, the air suspension system reduces noise and vibration while improving the vehicle’s weight-carrying capacity.
The critical components of the air suspension system are height sensors and air springs.
Air springs offer advantages over traditional coil springs, including stable levels regardless of the load placed on the vehicle.
The automotive air suspension market is driven by the widespread adoption of air suspension systems in heavy commercial vehicles and increasing consumer demand for vehicle comfort and safety.

Rise in Commercial Vehicle Sales on a Global Scale

The demand for vehicles with advanced components like air suspension systems is rising due to increased automobile automation.
Commercial trucks are adopting better and more sophisticated air suspension systems to enhance driving comfort and reduce the risk of cargo damage.
The automotive air suspension market is expected to experience growth in the coming years, driven by increasing demand for commercial vehicles worldwide.
Many countries have implemented regulations mandating the adoption of advanced comfort features in automobiles, including air suspension systems.
This regulatory landscape enables commercial vehicle manufacturers to equip their vehicles with air suspension systems, contributing to market growth.

Electronic Suspension System (ESS): Advancing Chassis Technology

The Electronic Suspension System (ESS) marks a significant leap in chassis technology, offering enhanced safety, comfort, and dynamic handling. With its cutting-edge electronic features and innovative intelligent bellow technology, the ESS adapts to various driving conditions and load changes by automatically adjusting damper settings, suspension levels, and vehicle height. Designed for a wide range of vehicles, including luxury limousines, SUVs, station wagons, and transport vehicles, the ESS is customized to meet the specific needs of each car type.

Features & Benefits

Dynamic Ride: By lowering the vehicle at high speeds and adjusting spring characteristics, ESS provides an exceptional dynamic driving experience.
Enhanced Comfort: The system ensures optimal ride comfort across all driving conditions and load variations.
Reduced Roll and Pitch: Improved vehicle handling and stability are achieved through controlled damping and minimized roll and pitch movements.
Increased Safety: ESS enhances safety, particularly when the vehicle is fully loaded, by stabilizing the ride and reducing wheel load fluctuations.
Energy & CO2 Reduction: Lowering the vehicle’s height contributes to reduced energy consumption and CO2 emissions, leading to fuel savings.
Fuel Efficiency: The system helps cut fuel costs by optimizing the vehicle’s aerodynamics and reducing fuel consumption.
Customizable Settings: The Human-Machine Interface (HMI) enables precise adjustments for ride height, suspension characteristics, and other parameters based on driving conditions, terrain, speed, and load.
Lower Tire Maintenance Costs: ESS minimizes camber changes, reduces tire wear, and extends tire lifespan, resulting in better tire traction and lower maintenance costs.
Closed Air Supply System: The closed system significantly reduces energy requirements and has a compact design.
In-House Development: All air suspension and damping control systems are developed internally, reflecting over 20 years of expertise in air spring technology for passenger cars.

The ESS represents a fusion of advanced technology and engineering excellence, providing drivers with an unmatched level of control, comfort, and safety.

Impact of Increased Vehicle Usage on Automotive Air Suspension Market

The global increase in vehicle miles traveled (VMT) contributes to a rise in vehicle wear and tear, necessitating the replacement of components like shock absorbers and air suspension parts at regular intervals.
With VMT per capita also rising, vehicles are experiencing increased wear and tear, particularly on air suspension components, leading to a surge in replacements.
The ageing vehicle fleet is driving up aftermarket demand for air suspension components, owing to greater maintenance requirements and extended vehicle usage.
In the European Union (EU), the average age of vehicles is increasing annually due to better quality and consistent owner maintenance, leading to a higher number of miles driven and fueling growth in the automotive air suspension industry.

Shifting Preferences for Electronically Controlled Air Suspension Systems on the Rise

The worldwide market for automobile air suspension systems is divided into two segments depending on control type: electronically controlled air suspension and non-electronically controlled air suspension, with the former projected to dominate shortly.
Electronically controlled air suspension systems (ECAS) are computer-controlled systems that change shocks and struts to improve vehicle ride and handling.
High-end passenger automobiles such as Audi, Mercedes-Benz, Porsche, Land Rover, and Volkswagen now include electronically controlled air suspension systems.
Automakers must get safety ratings from agencies such as IIHS, NCAP, and ICAT to sell automobiles. Applying government-mandated safety standards and regulations will promote market advancement in the coming years.

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