Automotive Air Suspension Market Report 2025

This Automotive Air Suspension market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The automotive air suspension market size has grown strongly in recent years. It will grow from $7.06 billion in 2024 to $7.57 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to rising consumer demand for vehicle comfort and safety, an increase in the number of miles driven, a rise in demand for heavy commercial vehicles, an increase in demand for premium and luxury vehicles, and a lower interest rate.

The automotive air suspension market size is expected to see strong growth in the next few years. It will grow to $9.94 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to favorable government policies and incentives, a surge in preference for electronically controlled air suspension systems, growing research and development abilities, rising production of vehicles, and increasing off-road recreational activities. Major trends in the forecast period include electronically controlled air suspension, lightweight air suspension components, modular air suspension designs, a higher adoption rate for technologically advanced systems, and regenerative air suspension.

The growing demand for commercial vehicles is expected to drive the growth of the automotive air suspension market in the coming years. Commercial vehicles, which are used for transporting goods or passengers for business purposes, are in demand due to various factors such as economic activity and evolving industry needs, leading to sustained growth in the commercial vehicle sector. Automotive air suspension systems improve vehicle functionality, comfort, safety, and durability, making them ideal for a wide range of applications, from urban delivery fleets to heavy-duty transport and specialized services. For example, in May 2023, the European Automobile Manufacturers Association, a Belgium-based lobbying and standards group for the automobile industry, reported that global motor vehicle production reached 85.4 million units in 2022, reflecting a 5.7% increase from 2021. This rising demand for commercial vehicles is fueling the growth of the automotive air suspension market.

Leading firms in the automotive air suspension sector are actively innovating, introducing products such as Zero Maintenance Damping Ride Technology (ZMDR). This cutting-edge suspension system promises optimal ride comfort, vehicle stability, and load-carrying capacity without the need for regular maintenance. In July 2023, Hendrickson unveiled its ROADMAAX Z, a lightweight rear air suspension system with a 46,000 lb. capacity and integrated Zero Maintenance Damping (ZMD) riding technology. By integrating damping functions directly into the air springs and eliminating conventional shock absorbers, ZMD technology ensures consistent, smooth ride quality over the air springs' lifespan. This innovation not only reduces downtime and maintenance costs but also enhances performance, especially in rigorous operational environments such as lift axles and off-highway applications up to 25%.

In August 2022, Cummins Inc., a US-based manufacturer specializing in diesel engines for commercial trucks, completed the acquisition of Meritor Inc. for an undisclosed sum. This strategic acquisition aims to enhance Cummins' leadership in integrated powertrain solutions, accelerate the development of decarbonized powertrain technologies, especially in electrification, and leverage Cummins' global presence to expand Meritor's core axle and brake businesses. Meritor Inc., also based in the US, is recognized for its production of automotive parts for commercial vehicles and industrial markets, including suspension solutions.

Major companies operating in the automotive air suspension market are Hitachi Ltd., ZF Friedrichshafen AG, ThyssenKrupp AG, Continental AG, Hyundai Mobis, PACCAR Inc., Isuzu Motors Limited, Tenneco Inc., Nidec Corporation, Iveco S.p.A., DuPont de Nemours Inc., Hino Motors Ltd., Knorr-Bremse AG, Meritor Inc., Hendrickson USA L.L.C., Sogefi S.p.A., SAF-Holland S.A., Wheels India Limited, Magneti Marelli S.p.A., Stemco, Vibracoustics, Ridewell Corporation, Bilstein, Airlift Company, Firestone Industrial Products.

Asia-Pacific was the largest region in the automotive air suspension market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive air suspension market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive air suspension market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Automotive air suspension operates through an electric or engine-driven air pump or compressor, which directs air into flexible bellows typically crafted from textile-reinforced rubber. These systems enable variable ride height and adjustable firmness, enhancing both vehicle performance and comfort.

There are two primary control types for automotive air suspensions electronically controlled and non-electrically controlled systems. Electronically controlled systems manage suspension components such as air springs or airbags through advanced electronic mechanisms. These systems incorporate components such as air springs, shock absorbers, compressors, electronic control units, air reservoirs, height and pressure sensors, remote controls, and solenoid valves. They cater to a wide range of vehicle types including passenger vehicles, light and heavy commercial vehicles, buses, and coaches, distributed through original equipment manufacturers and aftermarket channels.

The automotive air suspensions market research report is one of a series of new reports that provides automotive air suspensions market statistics, including automotive air suspensions industry global market size, regional shares, competitors with an automotive air suspensions market share, detailed automotive air suspensions market segments, market trends and opportunities, and any further data you may need to thrive in the automotive air suspensions industry. This automotive air suspensions market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive air suspension market includes revenues earned by entities by providing services such as load leveling, adaptive damping, off-road capability, enhanced handling and stability, and adjustable ride height. The market value includes the value of related goods sold by the service provider or included within the service offering. The automotive air suspension market also consists of sales of products including air springs, air compressors, air struts, air suspension controllers, and electronic control units. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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