Market Overview:
The global pneumatic suspension market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for luxury cars and buses, rising disposable income of consumers, and technological advancements in pneumatic suspensions. The global pneumatic suspension market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into capsule suspensions, membrane suspensions, and compound suspensions. Capsule suspensions are further sub-segmented into air springs and coil springs. Membrane suspensions are further sub-segmented into rubber membranes and metal bellows membranes. Compound suspensions are further sub-segmented into two types: monotube shocks absorbers and twin tube shocks absorbers. On the basis of application, the market is segmented into truck applications (heavy trucks & light commercial vehicles), bus applications (city buses & intercity buses), car applications (luxury cars & passenger cars), railway car applications (passenger coaches & freight wagons), and other applications (off-road vehicles such as tractors & construction equipment).
Product Definition:
A suspension system in which the shock absorbers are replaced by air-filled bags or bladders. Air pressure is used to adjust the ride height and stiffness of the suspension, usually by means of an onboard compressor and controller. Pneumatic suspensions are often found on large luxury cars and trucks to provide a smooth ride.
Capsule:
Capsule is a small package, which contains the medicine or drug. It is used to protect the medicines from light, moisture and temperature. The capsule has two parts; an outer shell made up of gelatin or another suitable material and an inner core containing the drug. Capsules are available in different sizes; large capsules for tablets, small capsules for pills among others.
The pneumatic suspension market size was valued at USD 4,867 million in 2015.
Membrane:
Membrane is a thin, flexible sheet that is placed between two liquids or a solid and liquid. It can be made from many materials including plastic, rubber, fabric and paper. The most common type of membrane used in the pneumatic suspension market is polyvinyl chloride (PVC).
The primary function of the membrane is to act as an isolator or barrier to prevent one fluid from contaminating another by preventing contact between air and fluids/liquids.
Application Insights:
Truck, bus, and car application segment accounted for the largest market share in 2017. The demand is expected to increase owing to rising disposable income of consumers and rapid urbanization in developing countries such as India and China. Moreover, technological advancements are also likely to play a significant role in increasing the utilization of pneumatic suspension systems over the forecast period. For instance, air ride technology is being increasingly used in trucks due to its ability to provide comfortable ride by reducing road vibrations at high speeds without using shock absorbers or springs. This technology uses airbags that are mounted below the vehicle¢â‚¬â„¢s chassis which provides smoothness across all roads despite their condition including pot-holed roads or bad weather ones.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in infrastructure development and favorable government policies promoting transport connectivity. For instance, China has been implementing a series of economic and social reforms since 2015 with an aim to enhance its global competitiveness and improve its GDP performance. The country’s 13th Five Year Plan (2016 - 2020) aims at achieving high-quality development with emphasis on innovation, quality improvement, efficiency, sustainability, transparency, institutional effectiveness and good governance.
Growth Factors:
- Increasing demand for luxury and comfort in vehicles: The global automotive market is growing at a fast pace and the demand for luxury and comfort-oriented vehicles is increasing simultaneously. This is driving the growth of the pneumatic suspension market as pneumatic suspensions offer superior ride quality over traditional suspensions.
- Technological advancements: Pneumatic suspension systems are becoming more sophisticated with each passing day, with new features being added to them regularly. This is resulting in an increase in their adoption by automakers, thereby driving the growth of the market.
- Stringent safety norms: Stringent safety norms across different countries are compelling automakers to equip their vehicles with advanced safety features such as pneumatic suspension systems. This is boosting the demand for these systems and propelling the growth of the market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pneumatic Suspension Market Research Report
By Type
Capsule, Membrane, Compound
By Application
Truck, Bus, Car, Railway Car
By Companies
Renault-Nissan-Mitsubishi Alliance, Toyota, Volkswagen Group, Hyundai, General Motors, Ford, Nissan, Honda, FCA, Renault, Groupe PSA, Suzuk, SAIC, Daimler, BMW, Geely, Changan, Mazda, Dongfeng Motor, BAIC, Mitsubishi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Pneumatic Suspension Market Report Segments:
The global Pneumatic Suspension market is segmented on the basis of:
Types
Capsule, Membrane, Compound
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Truck, Bus, Car, Railway Car
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Renault-Nissan-Mitsubishi Alliance
- Toyota
- Volkswagen Group
- Hyundai
- General Motors
- Ford
- Nissan
- Honda
- FCA
- Renault
- Groupe PSA
- Suzuk
- SAIC
- Daimler
- BMW
- Geely
- Changan
- Mazda
- Dongfeng Motor
- BAIC
- Mitsubishi
Highlights of The Pneumatic Suspension Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Capsule
- Membrane
- Compound
- By Application:
- Truck
- Bus
- Car
- Railway Car
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pneumatic Suspension Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pneumatic suspension is a type of air-based transportation that uses compressed air to move vehicles or passengers. The system uses an inflatable bladder, typically filled with nitrogen gas, to create a cushion between the vehicle and the ground. When the pressure in the bladder decreases below a certain level, it allows air to escape and lift the vehicle or passengers off of the ground.
Some of the major players in the pneumatic suspension market are Renault-Nissan-Mitsubishi Alliance, Toyota, Volkswagen Group, Hyundai, General Motors, Ford, Nissan, Honda, FCA, Renault, Groupe PSA, Suzuk, SAIC, Daimler, BMW, Geely, Changan, Mazda, Dongfeng Motor, BAIC, Mitsubishi.
The pneumatic suspension market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pneumatic Suspension Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pneumatic Suspension Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pneumatic Suspension Market - Supply Chain
4.5. Global Pneumatic Suspension Market Forecast
4.5.1. Pneumatic Suspension Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pneumatic Suspension Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pneumatic Suspension Market Absolute $ Opportunity
5. Global Pneumatic Suspension Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pneumatic Suspension Market Size and Volume Forecast by Type
5.3.1. Capsule
5.3.2. Membrane
5.3.3. Compound
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pneumatic Suspension Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pneumatic Suspension Market Size and Volume Forecast by Application
6.3.1. Truck
6.3.2. Bus
6.3.3. Car
6.3.4. Railway Car
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pneumatic Suspension Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pneumatic Suspension Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pneumatic Suspension Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pneumatic Suspension Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pneumatic Suspension Demand Share Forecast, 2019-2026
9. North America Pneumatic Suspension Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pneumatic Suspension Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pneumatic Suspension Market Size and Volume Forecast by Application
9.4.1. Truck
9.4.2. Bus
9.4.3. Car
9.4.4. Railway Car
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pneumatic Suspension Market Size and Volume Forecast by Type
9.7.1. Capsule
9.7.2. Membrane
9.7.3. Compound
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pneumatic Suspension Demand Share Forecast, 2019-2026
10. Latin America Pneumatic Suspension Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pneumatic Suspension Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pneumatic Suspension Market Size and Volume Forecast by Application
10.4.1. Truck
10.4.2. Bus
10.4.3. Car
10.4.4. Railway Car
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pneumatic Suspension Market Size and Volume Forecast by Type
10.7.1. Capsule
10.7.2. Membrane
10.7.3. Compound
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pneumatic Suspension Demand Share Forecast, 2019-2026
11. Europe Pneumatic Suspension Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pneumatic Suspension Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pneumatic Suspension Market Size and Volume Forecast by Application
11.4.1. Truck
11.4.2. Bus
11.4.3. Car
11.4.4. Railway Car
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pneumatic Suspension Market Size and Volume Forecast by Type
11.7.1. Capsule
11.7.2. Membrane
11.7.3. Compound
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pneumatic Suspension Demand Share, 2019-2026
12. Asia Pacific Pneumatic Suspension Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pneumatic Suspension Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pneumatic Suspension Market Size and Volume Forecast by Application
12.4.1. Truck
12.4.2. Bus
12.4.3. Car
12.4.4. Railway Car
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pneumatic Suspension Market Size and Volume Forecast by Type
12.7.1. Capsule
12.7.2. Membrane
12.7.3. Compound
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pneumatic Suspension Demand Share, 2019-2026
13. Middle East & Africa Pneumatic Suspension Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pneumatic Suspension Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pneumatic Suspension Market Size and Volume Forecast by Application
13.4.1. Truck
13.4.2. Bus
13.4.3. Car
13.4.4. Railway Car
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pneumatic Suspension Market Size and Volume Forecast by Type
13.7.1. Capsule
13.7.2. Membrane
13.7.3. Compound
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pneumatic Suspension Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pneumatic Suspension Market: Market Share Analysis
14.2. Pneumatic Suspension Distributors and Customers
14.3. Pneumatic Suspension Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Renault-Nissan-Mitsubishi Alliance
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Toyota
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Volkswagen Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hyundai
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. General Motors
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ford
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nissan
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Honda
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. FCA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Renault
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Groupe PSA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Suzuk
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SAIC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Daimler
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. BMW
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Geely
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Changan
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mazda
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Dongfeng Motor
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. BAIC
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
