Automotive Electronically Controlled Air Suspension System Market, Size And Growth 2019 To 2027

Automotive Electronically Controlled Air Suspension System: Introduction

  • The automotive electronically controlled air suspension system is designed to enhance driving comfort significantly. The automotive electronic controlled air suspension unit comprises pressure sensors and electronic control unit. The electronic control unit of the electronic suspension adjusts the loading platform height according to load for better vibration absorption.
  • Electronically controlled air suspension (ECAS) systems use electronic technology to achieve automatic variation of suspension characteristics appropriate to handling, riding, and road conditions. Among them, the vehicle height adjustment, which has noticeable influence on the overall vehicle performance, is a key feature of the ECAS. It regulates and maintains the vehicle height to the desired value and enhances vehicle ride comfort, thereby boosting stability and fuel economy. 

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Key drivers of global Automotive Electronically Controlled Air Suspension System Market

  • Demand for vehicles with better stability control and high ground clearance has been increasing in the last decade, which in turn is estimated to boost the automotive electronically controlled air suspension system market across the globe. The electronically controlled air suspension system is an alternative to spring suspension and improves the fuel economy by 3%, which is estimated to save fuel consumption consequently, propel the global automotive electronically controlled air suspension system market.
  • Rise in demand for vehicles with advance features, including electronic controlled air suspension system, across the globe is projected to drive the global automotive electronically controlled air suspension system market. Various vehicle manufacturers across the globe are trying to develop electronically controlled air suspension systems, as these systems possess an automatic load transfer feature that reduces the wear of the vehicle axel, which in turn boosts the automotive electronically controlled air suspension system market across the globe.

Key players operating in global automotive electronically controlled air suspension system market

The automotive electronically controlled air suspension system market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global automotive electronically controlled air suspension system market are:

  • Continental AG
  • ThyssenKrupp AG
  • ZF Friedrichshafen AG
  • Mando Corporation
  • Hitachi Ltd.
  • Halla Holdings Corporation
  • SAF HOLLAND S.A.
  • Firestone Industrial Products
  • WABCO
  • Hendrickson USA, LLC
  • Delphi Technologies 

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Global Automotive Electronically Controlled Air Suspension System Market: Research Scope

Global Automotive Electronically Controlled Air Suspension System Market, by Vehicle Type

  • Passenger Vehicle
    • Hatchback
    • Sedan
    • MPV
    • SUV
  • Commercial vehicle
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle

Global Automotive Electronically Controlled Air Suspension System Market, by Component

  • Pressure Limiting Valve
  • Electronic Control Unit
  • Height Sensor
  • Pressure Sensor
  • Others (Solenoid Valve)

Global Automotive Electronically Controlled Air Suspension System Market, by Function

  • Chassis Height Control
  • Lift Axle Control
  • Traction Control
  • Others ( Pressure Ratio Control)

Global Automotive Electronically Controlled Air Suspension System Market, by Electric Vehicle Type

  • Battery Electric Vehicle
  • Hybrid Electric Vehicle

Global Automotive Electronically Controlled Air Suspension System Market, by Sales Channel

  • OEMs
  • Aftermarket

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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