The global Bus Air Suspension System market was valued at US$ 1105.3 million in 2019 and it is expected to reach US$ 1129 million by the end of 2026, growing at a CAGR of 0.3% during 2021-2026.
Air suspension is a type of vehicle suspension powered by an electric or engine-driven air pump or compressor. This compressor pumps the air into a flexible bellows, usually made from textile-reinforced rubber. The air pressure inflates the bellows, and raises the chassis from the axle.
Europe accounted for the largest share in the global bus air suspension system market; China was the second largest market for bus air suspension system, owing to its increasing customer base and high disposable income of people in the region.
Global Bus Air Suspension System Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Bus Air Suspension System Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Hendrickson, ZF, SAF-Holland, Continental and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Manual Air Suspension
- Electronic Air Suspension
Segment by Application
- Large Size Bus
- Small & Medium Size Bus
Table of Content:
1 Bus Air Suspension System Market Overview
2 Bus Air Suspension System Market Competition by Manufacturers
3 Bus Air Suspension System Retrospective Market Scenario by Region
4 Global Bus Air Suspension System Historic Market Analysis by Type
5 Global Bus Air Suspension System Historic Market Analysis by Application
6 Key Companies Profiled
7 Bus Air Suspension System Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Bus Air Suspension System Market Dynamics
10 Global Bus Air Suspension System Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta