Air Suspension Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast (2020 - 2025)
Air Suspension Market size was valued at $5.37 billion in 2019, and it is estimated to grow at a CAGR of 6.86% during 2020-2025. The growth is mainly attributed to the increasing adoption of air compressors, suspension systems, and other advanced components in commercial and luxurious vehicles is poised to drive the air suspension market. Increasing research and development activities and high adoption of automatic air suspension system is poised to propel the market growth during forecast period. Report Coverage The report: “Air Suspension Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Air Suspension Market. By Component: Air Spring Assembly, Shock Absorber, Air Compressor, Electronic Control Module, Air Reservoir, Height Sensor, Others By Technology: Electronically Controlled, Non-Electrically Controlled By Vehicle: Light Duty Vehicles, Heavy Duty Vehicle, By Geography: North America, South America, Europe, Asia-Pacific (APA...