2016-2021年全球空气悬挂市场研究报告(英文版)

http://www.bimarket.cn/Report/ReportInfo.aspx?Id=2
2016/8/12 12:02:07

http://www.bimarket.cn/Report/ReportInfo.aspx?Id=25893


Report Description 

 

Increasing demand for luxury and comfort in passenger cars and growing demand for luxury buses are the major drivers of the air suspension market

The air suspension market is projected to grow at a CAGR of 7.54% from 2016 to 2021, to reach a market size of USD 4.69 billion by 2021. The major drivers for this market are rising demand for comfort and luxury, as a result of increased disposable income, increased preference towards luxury public transport for long distance travel among others are together driving the market for air suspension systems globally.

 

Non- Electronically Controlled Air Suspension System: Largest Technology Market

Owing to its low cost, less complex design and easy handling as compared with electronically controlled air suspension, the market for non-electronically controlled air suspension is largest. The system has a very simple electric connection where air flow inwards and outwards from the air springs through valves. All the wheels have a good grip to the road surface which leads to increased stability of the steering system and improved braking performance. 

 

Europe is projected to be the largest market segment while Asia-Oceania is the fastest growing market segment

Europe accounts for the largest market share, both in terms of value and volume, as the region houses a number of premium car manufacturers as well as air suspension manufacturers like Continental AG (Germany), Dunlop Systems and Components (U.K.) and ThyssenKrupp AG (Germany) and hence is able to cater to a large variety of consumers. Asia-Oceania is the fastest growing market, both in terms of value and volume, for air suspension. This is because of the high demand for vehicles, especially in emerging economies such as China and India with several OEMs investing in these regions. Availability of cheap labor and favorable government policies are additional factors that spur this growth. 

 

The study contains insights provided by various industry experts, ranging from material suppliers to Tier-1 companies and OEMs. The break-up of the primaries is as follows: 

• By Company Type – Tier-1 -42%, Tier-2 - 26%, Tier-3 - 32%

• By Designation - C level - 40%, D level - 29%, and Others - 31%

• By Region - North America - 38%, Europe - 22%, Asia-Oceania - 30%, and RoW - 10

 

The air suspension market is dominated by a few globally established players, namely, Continental AG (Germany), Hendrickson International Corporation (U.S.), ThyssenKrupp AG (Germany), Dunlop Systems and Components (U.K.), Wabco Holdings Inc. (Belgium), Hitachi Ltd. (Japan), Accuair Suspension (U.S.) amongst others. Key growth strategies adopted by these players include new product development, partnerships, agreements, joint ventures, and supply contracts.

 

List of Companies

Continental AG

Hendrickson International Corporation

Thyssen Krupp AG

Dunlop Systems and Components

Wabco Holdings Inc.

Hitachi Ltd.

Accuair Suspension

Mando Corporation

BWI Group

Firestone Industrial Products

 

Reasons to Buy the Report: 

This report contains various levels of analysis, including industry analysis, industry trends, and company profiles, which together comprise and discuss the basic views on the emerging and high-growth segments of the air suspension market, competitive landscape, high-growth regions and countries, government initiatives, and market dynamics such as drivers, restraints, opportunities, and challenges.

 

The report enables new entrants/smaller firms as well as established firms to understand the market better, and thereby helps them acquire a larger market share. Firms purchasing the report could use any one or a combination of the below-mentioned four strategies (market development, product development/innovation, market diversification, and competitive assessment) to strengthen their position in the market. 

 

The report provides insights with reference to the following points:

 Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for air suspension across regions.

 Product Development/Innovation: Detailed insights into R&D activities, upcoming technologies, and new product launches in the automotive air suspension market.

 Market Diversification: Detailed information about untapped markets, investments, new products, and recent developments in the air suspension market.

 Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading players in the air suspension market.

 

Table of Contents 

 

1 INTRODUCTION 13

1.1 OBJECTIVES OF THE STUDY 13

1.2 MARKET DEFINITION 13

1.3 MARKET SCOPE 13

1.3.1 MARKETS COVERED 14

1.3.2 YEARS CONSIDERED IN THE REPORT 14

1.4 CURRENCY 15

1.5 LIMITATIONS 15

1.6 STAKEHOLDERS 15

 

2 RESEARCH METHODOLOGY 16

2.1 RESEARCH DATA 16

2.2 SECONDARY DATA 18

2.2.1 KEY SECONDARY SOURCES 18

2.2.2 KEY DATA FROM SECONDARY SOURCES 19

2.3 PRIMARY DATA 19

2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS 20

2.3.2 PRIMARY PARTICIPANTS 20

2.4 FACTOR ANALYSIS 21

2.4.1 INTRODUCTION 21

2.4.2 DEMAND-SIDE ANALYSIS 21

2.4.2.1 Impact of disposable income on total vehicle sales 21

2.4.2.2 Infrastructure: Roadways 22

2.4.2.3 Increasing vehicle production in developing countries 23

2.4.3 SUPPLY-SIDE ANALYSIS 24

2.4.3.1 Technological advancements 24

2.5 MARKET ESTIMATION 25

2.5.1 BOTTOM-UP APPROACH 25

2.5.2 MARKET BREAKDOWN & DATA TRIANGULATION 26

2.5.3 ASSUMPTIONS 27

2.5.3.1 Average number of components employed in a motor vehicle 28

 

3 EXECUTIVE SUMMARY 29

3.1 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY REGION 30

3.2 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY TECHNOLOGY 31

3.3 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY COMPONENT 32

3.4 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET 33

3.5 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE 34

 

4 PREMIUM INSIGHTS 35

4.1 INTRODUCTION 35

4.2 EMERGING OPPORTUNITIES IN THE GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET 35

4.3 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET GROWTH (VALUE), BY COUNTRY 36

4.4 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY TECHNOLOGY (USD MILLION) 37

4.5 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY COMPONENT (USD MILLION) 38

4.6 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET GROWTH, BY REGION (USD MILLION) 38

4.7 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET: LIFE CYCLE ANALYSIS, 

BY VEHICLE TYPE 39

 

5 MARKET OVERVIEW 40

5.1 INTRODUCTION 41

5.2 MARKET SEGMENTATION 42

5.2.1 BY REGION 42

5.2.2 BY VEHICLE TYPE 42

5.2.3 BY TECHNOLOGY 43

5.2.4 BY COMPONENT 44

5.3 MARKET DYNAMICS 45

5.3.1 DRIVERS 46

5.3.1.1 Increasing demand for luxury buses 46

5.3.1.2 Increasing demand for luxury & comfort 47

5.3.2 RESTRAINTS 48

5.3.2.1 High development & adoption cost of advanced suspension systems 48

5.3.2.2 Component failure 48

5.3.3 OPPORTUNITIES 49

5.3.3.1 Increasing demand for lightweight air suspension systems 49

5.3.3.2 Regenerative air dryer in electronically controlled air suspension system 49

5.3.3.3 Advance electronically controlled air suspension 50

5.3.4 CHALLENGES 50

5.3.4.1 Maintaining a balance between the cost & quality of advanced technology 50

5.4 PORTER’S FIVE FORCES ANALYSIS 51

5.4.1 COMPETITIVE RIVALRY 53

5.4.2 THREAT OF NEW ENTRANTS 54

5.4.3 THREAT OF SUBSTITUTES 55

5.4.4 BARGAINING POWER OF SUPPLIERS 56

5.4.5 BARGAINING POWER OF BUYERS 57

5.5 SUPPLY CHAIN 58

 

6 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY COMPONENT 59

6.1 INTRODUCTION 60

6.2 AIR SPRING MARKET, BY REGION 61

6.3 SHOCK ABSORBER MARKET, BY REGION 62

6.4 AIR COMPRESSOR MARKET, BY REGION 63

6.5 ELECTRONIC CONTROL MODULE MARKET, BY REGION 64

6.6 AIR RESERVOIR MARKET, BY REGION 65

6.7 HEIGHT SENSOR MARKET, BY REGION 66

 

7 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY TECHNOLOGY 68

7.1 INTRODUCTION 69

7.2 ELECTRONICALLY CONTROLLED AIR SUSPENSION MARKET, BY REGION 70

7.3 NON-ELECTRONICALLY CONTROLLED AIR SUSPENSION MARKET 72

 

8 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY REGION 74

8.1 INTRODUCTION 75

8.1.1 ASIA-OCEANIA 78

8.1.1.1 China automotive air suspension market size, by vehicle type 81

8.1.1.2 India automotive air suspension market size, by vehicle type 82

8.1.1.3 Japan automotive air suspension market size, by vehicle type 83

8.1.1.4 South Korea automotive air suspension market size, by vehicle type 84

8.1.1.5 Rest of Asia-Oceania automotive air suspension market size, 

by vehicle type 85

8.1.2 EUROPE 86

8.1.2.1 Germany automotive air suspension market size, by vehicle type 89

8.1.2.2 France automotive air suspension market size, by vehicle type 90

8.1.2.3 U.K. automotive air suspension market size, by vehicle type 91

8.1.2.4 Rest of Europe automotive air suspension market size, by vehicle type 92

8.1.3 NORTH AMERICA 93

8.1.3.1 U.S. automotive air suspension market size, by vehicle type 95

8.1.3.2 Mexico automotive air suspension market size, by vehicle type 96

8.1.3.3 Canada automotive air suspension market size, by vehicle type 97

8.1.4 REST OF THE WORLD 98

8.1.4.1 Brazil automotive air suspension market size, by vehicle type 100

8.1.4.2 Russia automotive air suspension market size, by vehicle type 101

8.1.4.3 RoW Others automotive air suspension market size, by vehicle type 102

 

9 COMPETITIVE LANDSCAPE 104

9.1 COMPETITIVE SITUATION & TRENDS 106

9.2 NEW PRODUCT DEVELOPMENT 107

9.3 EXPANSIONS 108

9.4 AGREEMENTS/JOINT VENTURES/SUPPLY CONTRACTS/PARTNERSHIPS 109

9.5 MERGERS & ACQUISITIONS 110

10 COMPANY PROFILES 111

(Company at a Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis & MNM View)*

10.1 INTRODUCTION 111

10.2 CONTINENTAL AG 112

10.3 THYSSENKRUPP AG 115

10.4 WABCO HOLDINGS INC. 118

10.5 HENDRICKSON INTERNATIONAL CORPORATION 121

10.6 DUNLOP SYSTEMS AND COMPONENTS 124

10.7 HITACHI LTD. 126

10.8 MANDO CORPORATION 129

10.9 BWI GROUP 131

10.10 ACCUAIR SUSPENSION 133

10.11 FIRESTONE INDUSTRIAL PRODUCTS 134

*Details on company at a glance, recent financials, Products offered, strategies & insights, & recent developments might not be captured in case of unlisted companies.

 

11 APPENDIX 135

11.1 INSIGHTS OF INDUSTRY EXPERTS 135

11.2 DISCUSSION GUIDE 136

11.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 139

11.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 141

11.5 AVAILABLE CUSTOMIZATIONS 142

11.5.1 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY TECHNOLOGY, 

BY VEHICLE TYPE 142

11.5.1.1 Electronically controlled air suspension system market 142

11.5.1.1.1 Passenger cars 142

11.5.1.1.2 LCV 142

11.5.1.1.3 Trucks 142

11.5.1.1.4 Buses 142

11.5.1.2 Non-electronically controlled air suspension system market 142

11.5.1.2.1 Passenger cars 142

11.5.1.2.2 LCV 142

11.5.1.2.3 Trucks 142

11.5.1.2.4 Buses 142

11.5.2 GLOBAL AUTOMOTIVE AIR SUSPENSION COMPONENT MARKET, 

BY VEHICLE TYPE 142

11.5.2.1 Air spring 142

11.5.2.2 Shock absorber 142

11.5.2.3 Air compressor 142

11.5.2.4 ECU 142

11.5.2.5 Air reservoir 142

11.5.2.6 Height sensors 142

11.6 RELATED REPORTS 143

 

List Of Tables 

TABLE 1 AUTOMOTIVE AIR SUSPENSION SYSTEMS: BY TECHNOLOGY 43

TABLE 2 AUTOMOTIVE AIR SUSPENSION SYSTEM MARKET: BY COMPONENT 44

TABLE 3 LUXURY PASSENGER CAR SALES OF KEY MANUFACTURERS IN CHINA, INDIA, GERMANY & U.K., 2014–2015 47

TABLE 4 PORTER’S FIVE FORCES ANALYSIS 52

TABLE 5 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY REGION,

2014–2021 (‘000 UNITS) 60

TABLE 6 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY REGION,

2014–2021 (USD MILLION) 61

TABLE 7 AIR SPRING MARKET, BY REGION, 2014–2021 (‘000 UNITS) 61

TABLE 8 AIR SPRING MARKET, BY REGION, 2014–2021 (USD MILLION) 62

TABLE 9 SHOCK ABSORBER MARKET, BY REGION, 2014–2021 (‘000 UNITS) 62

TABLE 10 SHOCK ABSORBER MARKET, BY REGION, 2014–2021 (USD MILLION) 63

TABLE 11 AIR COMPRESSOR MARKET, BY REGION, 2014–2021 (‘000 UNITS) 63

TABLE 12 AIR COMPRESSOR MARKET, BY REGION, 2014–2021 (USD MILLION) 64

TABLE 13 ELECTRONIC CONTROL MODULE MARKET, BY REGION, 2014–2021 (‘000 UNITS) 64

TABLE 14 ELECTRONIC CONTROL MODULE MARKET, BY REGION, 2014–2021 (USD MILLION) 65

TABLE 15 AIR RESERVOIR MARKET, BY REGION, 2014–2021 (‘000 UNITS) 65

TABLE 16 AIR RESERVOIR MARKET, BY COMPONENT, 2014–2021 (USD MILLION) 66

TABLE 17 HEIGHT SENSOR MARKET, BY COMPONENT, 2014–2021 (‘000 UNITS) 66

TABLE 18 HEIGHT SENSOR MARKET BY REGION, 2014–2021 (USD MILLION) 67

TABLE 19 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY TECHNOLOGY,

2014–2021 (‘000 UNITS) 69

TABLE 20 GLOBAL AUTOMOTIVE AIR SUSPENSION SIZE, BY TECHNOLOGY,

2014–2021 (USD MILLION) 70

TABLE 21 ELECTRONICALLY CONTROLLED: AUTOMOTIVE AIR SUSPENSION MARKET, 

BY REGION, 2014–2021 (‘000 UNITS) 71

TABLE 22 ELECTRONICALLY CONTROLLED: AUTOMOTIVE AIR SUSPENSION MARKET, 

BY REGION, 2014–2021 (USD MILLION) 72

TABLE 23 NON-ELECTRONICALLY CONTROLLED: AUTOMOTIVE AIR SUSPENSION MARKET, 

BY REGION, 2014–2021 (‘000 UNITS) 73

TABLE 24 NON-ELECTRONICALLY CONTROLLED: AUTOMOTIVE AIR SUSPENSION MARKET, 

BY REGION, 2014–2021 (USD MILLION) 73

TABLE 25 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY REGION,

2014–2021 (‘000 UNITS) 76

TABLE 26 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY REGION,

2014–2021 (USD MILLION) 77

TABLE 27 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 77

TABLE 28 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 78

TABLE 29 ASIA-OCEANIA: AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY VEHICLE TYPE, 2014–2021 (‘000 UNITS) 80

TABLE 30 ASIA-OCEANIA: AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY VEHICLE TYPE, 2014–2021 (USD MILLION) 80

TABLE 31 CHINA: AUTOMOTIVE AIR SUSPENSION MARKET , BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 81

TABLE 32 CHINA: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 81

TABLE 33 INDIA: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 82

TABLE 34 INDIA: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 82

TABLE 35 JAPAN: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 83

TABLE 36 JAPAN: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 83

TABLE 37 SOUTH KOREA: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 84

TABLE 38 SOUTH KOREA: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 84

TABLE 39 REST OF ASIA-OCEANIA: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2014–2021 (‘000 UNITS) 85

TABLE 40 REST OF ASIA-OCEANIA: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2014–2021 (USD MILLION) 85

TABLE 41 EUROPE: AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 88

TABLE 42 EUROPE: AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 88

TABLE 43 GERMANY: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 89

TABLE 44 GERMANY: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 89

TABLE 45 FRANCE: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 90

TABLE 46 FRANCE: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 90

TABLE 47 U.K.: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 91

TABLE 48 U.K.: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 91

TABLE 49 REST OF EUROPE: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2014–2021 (‘000 UNITS) 92

TABLE 50 REST OF EUROPE: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE, 2014–2021 (USD MILLION) 92

TABLE 51 NORTH AMERICA: AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY VEHICLE TYPE, 2014–2021 (‘000 UNITS) 94

TABLE 52 NORTH AMERICA: AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY VEHICLE TYPE, 2014–2021 (USD MILLION) 95

TABLE 53 U.S.: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 95

TABLE 54 U.S.: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 96

TABLE 55 MEXICO: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 96

TABLE 56 MEXICO: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 97

TABLE 57 CANADA: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 97

TABLE 58 CANADA: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 98

TABLE 59 REST OF THE WORLD: AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY VEHICLE TYPE, 2014–2021 (‘000 UNITS) 99

TABLE 60 REST OF THE WORLD: AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY VEHICLE TYPE, 2014–2021 (USD MILLION) 100

TABLE 61 BRAZIL: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 100

TABLE 62 BRAZIL: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 101

TABLE 63 RUSSIA: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 101

TABLE 64 RUSSIA: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 102

TABLE 65 ROW OTHERS: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (‘000 UNITS) 102

TABLE 66 OTHERS: AUTOMOTIVE AIR SUSPENSION MARKET, BY VEHICLE TYPE,

2014–2021 (USD MILLION) 103

TABLE 67 NEW PRODUCT DEVELOPMENT, 2014–2016 107

TABLE 68 EXPANSIONS, 2015 108

TABLE 69 AGREEMENTS/JOINT VENTURES/SUPPLY CONTRACTS/PARTNERSHIPS, 2013–2015 109

TABLE 70 MERGERS & ACQUISITIONS, 2014–2015 110

 

List Of Figures

FIGURE 1 MARKET SEGMENTATION: GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET 14

FIGURE 2 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET: RESEARCH DESIGN 16

FIGURE 3 RESEARCH METHODOLOGY MODEL 17

FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, 

& REGION 20

FIGURE 5 IMPACT OF DISPOSABLE INCOME ON VEHICLE SALES, 2014 21

FIGURE 6 ROADWAYS INFRASTRUCTURE: ROAD NETWORK (KM), BY COUNTRY, 2011 22

FIGURE 7 VEHICLE PRODUCTION, 2010–2015 (‘000 UNITS) 23

FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 25

FIGURE 9 DATA TRIANGULATION 26

FIGURE 10 THE EUROPEAN AUTOMOTIVE AIR SUSPENSION MARKET IS ESTIMATED TO HOLD THE LARGEST MARKET (VALUE) IN 2016 30

FIGURE 11 NON-ELECTRONICALLY CONTROLLED AIR SUSPENSION SYSTEM SEGMENT IS ESTIMATED TO HOLD THE LARGEST MARKET SIZE (VALUE) IN 2016 31

FIGURE 12 AIR SPRING COMPONENT IS ESTIMATED TO HOLD THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD 32

FIGURE 13 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET: ASIA-OCEANIA PROJECTED TO BE THE FASTEST GROWING MARKET (BY VALUE) DURING THE FORECAST PERIOD 33

FIGURE 14 PASSENGER CARS & BUSES SEGMENTS PROJECTED TO BE THE FASTEST GROWING MARKETS (BY VALUE) DURING THE FORECAST PERIOD 34

FIGURE 15 ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET 35

FIGURE 16 INDIA, SOUTH KOREA, & CANADA ARE EXPECTED TO BE THE FASTEST GROWING MARKETS FOR AUTOMOTIVE AIR SUSPENSION, 2016–2021 36

FIGURE 17 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY TECHNOLOGY, 

2016 (USD MILLION) 37

FIGURE 18 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY COMPONENT, 

2016 VS. 2021 (USD MILLION) 38

FIGURE 19 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET SIZE, BY REGION, 

2016 VS. 2021 (USD MILLION) 38

FIGURE 20 PASSENGER CARS AIR SUSPENSION MARKET TO EXPERIENCE HIGH GROWTH 39

FIGURE 21 GLOBAL AUTOMOTIVE AIR SUSPENSION: MARKET DYNAMICS 45

FIGURE 22 GLOBAL BUS PRODUCTION, 2014–2021 (’000 UNITS) 46

FIGURE 23 WEIGHT REDUCTION TARGETS FOR SYSTEMS OF LIGHT-DUTY INTERNAL COMBUSTION ENGINE VEHICLES (2020–2050) IN THE U.S. 49

FIGURE 24 PORTER’S FIVE FORCES ANALYSIS: AIR SUSPENSION MARKET 51

FIGURE 25 INTENSITY OF COMPETITIVE RIVALRY IN THE AUTOMOTIVE AIR SUSPENSION SYSTEM MARKET IS CONSIDERED MEDIUM 52

FIGURE 26 FEW PLAYERS IN THE MARKET LEAD TO A MEDIUM DEGREE OF COMPETITION 

IN THE AUTOMOTIVE AIR SUSPENSION SYSTEM MARKET 53

FIGURE 27 PRESENCE OF WELL-ESTABLISHED PLAYERS TO HAVE THE HIGHEST IMPACT ON NEW ENTRANTS 54

FIGURE 28 TECHNOLOGICAL ADVANCEMENTS & SWITCHING COST MAKE THE THREAT OF SUBSTITUTES MEDIUM 55

FIGURE 29 LARGE CUSTOMER BASE & PRODUCT DIFFERENTIATION MAKE THE BARGAINING POWER OF SUPPLIERS MEDIUM 56

FIGURE 30 BUYER’S BARGAINING POWER IS RATED LOW AS MOST BUYERS ARE UNABLE 

TO INTEGRATE BACKWARDS 57

FIGURE 31 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET: SUPPLY CHAIN 58

FIGURE 32 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET SIZE, 

BY COMPONENT (USD MILLION), 2016–2021 60

FIGURE 33 NON-ELECTRONICALLY CONTROLLED AIR SUSPENSION MARKET IS ESTIMATED TO HAVE THE HIGHEST MARKET SIZE, 2016–2021, BY VOLUME (MILLION UNITS) 69

FIGURE 34 EUROPE IS THE LARGEST MARKET FOR ELECTRONICALLY CONTROLLED AIR SUSPENSION , 2016–2021 71

FIGURE 35 ASIA-OCEANIA IS THE LARGEST MARKET FOR NON-ELECTRONICALLY CONTROLLED AIR SUSPENSION, 2016–2021, BY VOLUME (‘000 UNITS) 72

FIGURE 36 REGION-WISE SNAPSHOT OF THE GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET, BY VOLUME, (2016): RAPIDLY GROWING MARKETS ARE EMERGING AS NEW HOTSPOTS 75

FIGURE 37 GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET: CHINA IS EXPECTED TO RECORD THE LARGEST MARKET SIZE, 2016 76

FIGURE 38 CHINA IS THE LARGEST AUTOMOTIVE AIR SUSPENSION MARKET 

IN ASIA-OCEANIA (2016) 79

FIGURE 39 GERMANY IS THE LARGEST AUTOMOTIVE AIR SUSPENSION MARKET 

IN EUROPE (2016) 87

FIGURE 40 U.S. IS EXPECTED TO BE THE FASTEST GROWING AUTOMOTIVE AIR SUSPENSION MARKET IN NORTH AMERICA, BY VALUE, 2016–2021 94

FIGURE 41 BRAZIL HOLDS THE LARGEST SHARE IN THE REST OF THE WORLD AUTOMOTIVE 

AIR SUSPENSION SYSTEM MARKET, 2016 99

FIGURE 42 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENT AS THE KEY GROWTH STRATEGY FROM 2012 TO 2016 104

FIGURE 43 WABCO HOLDINGS INC. (BELGIUM) REGISTERED THE HIGHEST GROWTH RATE 

FROM 2012 TO 2015 105

FIGURE 44 MARKET EVALUATION FRAMEWORK: NEW PRODUCT DEVELOPMENT FUELLED THE DEMAND FOR GLOBAL AUTOMOTIVE AIR SUSPENSION MARKET 

FROM 2013 TO 2016 106

FIGURE 45 BATTLE FOR MARKET SHARE: NEW PRODUCT DEVELOPMENT WAS THE KEY STRATEGY 106

FIGURE 46 REGION-WISE REVENUE MIX OF TOP FOUR PLAYERS 111

FIGURE 47 CONTINENTAL AG: COMPANY SNAPSHOT 112

FIGURE 48 SWOT ANALYSIS: CONTINENTAL AG 114

FIGURE 49 THYSSENKRUPP AG: COMPANY SNAPSHOT 115

FIGURE 50 SWOT ANALYSIS: THYSSENKRUPP AG 117

FIGURE 51 WABCO HOLDINGS INC.: COMPANY SNAPSHOT 118

FIGURE 52 SWOT ANALYSIS: WABCO HOLDINGS INC. 120

FIGURE 53 SWOT ANALYSIS: HENDRICKSON INTERNATIONAL CORPORATION 123

FIGURE 54 SWOT ANALYSIS: DUNLOP SYSTEMS AND COMPONENTS 125

FIGURE 55 HITACHI LTD. : COMPANY SNAPSHOT 126

FIGURE 56 SWOT ANALYSIS: HITACHI LTD 128

FIGURE 57 MANDO CORPORATION: COMPANY SNAPSHOT 129

FIGURE 58 BWI GROUP: COMPANY SNAPSHOT 131


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