Product Code:456235
Published Date: Feb 08,2023
Pages: 91
Region: Global
Category: Automobile & Transportation
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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. LPI (LP Information)' newest research report, the “Bus Air Suspension System Industry Forecast” looks at past sales and reviews total world Bus Air Suspension System sales in 2022, providing a comprehensive analysis by region and market sector of projected Bus Air Suspension System sales for 2023 through 2029. With Bus Air Suspension System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bus Air Suspension System industry. This Insight Report provides a comprehensive analysis of the global Bus Air Suspension System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bus Air Suspension System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bus Air Suspension System market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bus Air Suspension System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bus Air Suspension System. The global Bus Air Suspension System market size is projected to grow from US$ 1083.9 million in 2022 to US$ 1352.7 million in 2029; it is expected to grow at a CAGR of 1352.7 from 2023 to 2029. Global Bus Air Suspension System key players include Hendrickson, ZF, SAF-HOLLAND, Komman, etc. Global top four manufacturers hold a share about 40%. Europe is the largest market, with a share over 30%, followed by China, and North America, both have a share about 50 percent. In terms of product, Manual Air Suspension is the largest segment, with a share over 85%. And in terms of application, the largest application is Large Size Bus, followed by Small and Medium Size Bus. This report presents a comprehensive overview, market shares, and growth opportunities of Bus Air Suspension System market by product type, application, key manufacturers and key regions and countries. Market Segmentation: Segmentation by type Manual Air Suspension Electronic Air Suspension Segmentation by application Large Size Bus Small and Medium Size Bus This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. Hendrickson ZF SAF-HOLLAND Continental Komman CVMC Wheels India Key Questions Addressed in this Report What is the 10-year outlook for the global Bus Air Suspension System market? What factors are driving Bus Air Suspension System market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Bus Air Suspension System market opportunities vary by end market size? How does Bus Air Suspension System break out type, application? What are the influences of COVID-19 and Russia-Ukraine war?