The global electronically controlled air suspension in commercial vehicles ECAS market is projected to grow at a CAGR of 4.6% during the forecast period, from 2021 to 2028. The globally available ECAS technology has gained popularity over time due to its effectiveness in improving vehicle handling and performance. Developing economies such as India and China are expected to witness substantial growth opportunities in the near future owing to the increasing fleet size of commercial vehicles.
Electronically controlled air suspension (ECAS) is a type of air suspension that uses electronics to control the height of an automobile. ECAS offers improved performance and rides quality over traditional hydraulic or pneumatic systems, which are typically less reliable and expensive in terms of installation costs due to their need for more components such as valves, accumulators, etc. Electronically controlled Air Suspension also has the potential advantages of being able to react faster than other types because there is no time lag between input signals from sensors like those found on hydraulics or pneumatics-based suspensions.
On the basis of type, electronically controlled air suspension in commercial vehicles is segmented into electronically controlled air suspension and non-electronically controlled air suspension.
Electronically controlled air suspension is a type of commercial vehicle suspension in which the height and stiffness can be adjusted through an electronic controller. ECAS systems are usually designed to maintain pre-set ride heights during normal driving conditions, but allow for higher levels of hydraulic damping when required (e.g., on rough roads).
Non-electronically controlled air suspension is a type of vehicle suspension that uses an airbag to control the height of the car by raising or lowering it inside its chassis. It does not have electronics, hence non-electronically controlled. This system was once more widespread but has lost popularity in recent years as electronically controlled systems are now cheaper and easier to maintain.
On the basis of application, electronically controlled air suspension in commercial vehicles is segmented into passenger vehicles and commercial vehicles.
Passenger Vehicles are the most prominent application for ECAS technology. The most popular application of ECAS is in the comfort and convenience features. These types of vehicles are usually equipped with electronically controlled dampers, which will adjust to provide a smoother ride for passengers. In addition to providing better rides, these mechanisms also help reduce vehicle weight by allowing the passenger compartment’s height to be adjusted according to load conditions without compromising safety or increasing road clearance requirements.
Electronically Controlled Air Suspension (ECAS) in Commercial Vehicle is a type of airbag suspension, which is used to improve the vehicle's stability and ride quality. ECAS system provides better control over wheel travel as well as keeping tires on the ground surface during rough drives. As an electronic device that integrates both airbags and suspension for commercial vehicles, it offers elasticity adjustment according to road conditions such as bumps or depressions before they happen this improves efficiency by reducing excessive weight transfer between axles while driving heavy loads on uneven surfaces.
On the basis of region, global electronically controlled air suspension in commercial vehicles market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North American region is likely to maintain its dominance throughout the forecast period due to significant investments in developing infrastructure for commercial vehicles such as manufacturing of goods (heavy-duty trucks) and increasing R&D activities on ECAS system by major OEMs in this region during the past few years. Latin America has been witnessing a high growth rate owing to rapidly growing demand from the passenger cars segment along with low penetration levels which have resulted in a higher potential for market share expansion.
The growth factors for the global market of ECAS in commercial vehicles are increasing demand for passenger cars and commercial vehicles. The growing trend is expected to drive the industry from 2021 to 2028. The growth will be driven by factors such as increased vehicle production, safety improvements, and strict emission norms across regions.
Up Market Research published a new report titled “Electronically Controlled Air Suspension Market research report which is segmented by Types (Hydraulic/Pneumatic, Electromagnetic), By Applications (Passenger cars, LCVs, Trucks, Buses), By Players/Companies Continental, Hendrickson International, Thyssen Krupp, Dunlop Systems and Components, Wabco Holdings, Hitachi, Accuair Suspension, Mando, BWI, Firestone Industrial Products”.
|Report Attributes||Report Details|
|Report Title||Electronically Controlled Air Suspension Market Research Report|
|By Type||Hydraulic/Pneumatic, Electromagnetic|
|By Application||Passenger cars, LCVs, Trucks, Buses|
|By Companies||Continental, Hendrickson International, Thyssen Krupp, Dunlop Systems and Components, Wabco Holdings, Hitachi, Accuair Suspension, Mando, BWI, Firestone Industrial Products|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||206|
|Number of Tables & Figures||145|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Hydraulic/Pneumatic, Electromagnetic and By Application Passenger cars, LCVs, Trucks, Buses.
Some of the companies that are profiled in this report are:
Electronically Controlled Air Suspension Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Electronically Controlled Air Suspension Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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