Global Electronically Controlled Air Suspension Market by Type (Hydraulic/Pneumatic, Electromagnetic), By Application (Passenger cars, LCVs, Trucks, Buses) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
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
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
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
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.
Commercial Vehicle
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 Scope
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 |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
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.
Global Electronically Controlled Air Suspension Market Report Segments:
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:
- Continental
- Hendrickson International
- Thyssen Krupp
- Dunlop Systems and Components
- Wabco Holdings
- Hitachi
- Accuair Suspension
- Mando
- BWI
- Firestone Industrial Products
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.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Electronically Controlled Air Suspension Market
Overview of the regional outlook of the Electronically Controlled Air Suspension Market:
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.
Highlights of The Electronically Controlled Air Suspension Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Electronically Controlled Air Suspension Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Hydraulic/Pneumatic
2. Electromagnetic
7. By Application:1. Passenger cars
2. LCVs
3. Trucks
4. Buses
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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Reasons to Purchase the Electronically Controlled Air Suspension Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronically Controlled Air Suspension Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronically Controlled Air Suspension Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronically Controlled Air Suspension Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronically Controlled Air Suspension Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronically Controlled Air Suspension Market Size & Forecast, 2018-2028
4.5.1 Electronically Controlled Air Suspension Market Size and Y-o-Y Growth
4.5.2 Electronically Controlled Air Suspension Market Absolute $ Opportunity
Chapter 5 Global Electronically Controlled Air Suspension Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronically Controlled Air Suspension Market Size Forecast by Type
5.2.1 Hydraulic/Pneumatic
5.2.2 Electromagnetic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronically Controlled Air Suspension Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronically Controlled Air Suspension Market Size Forecast by Applications
6.2.1 Passenger cars
6.2.2 LCVs
6.2.3 Trucks
6.2.4 Buses
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronically Controlled Air Suspension Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronically Controlled Air Suspension Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronically Controlled Air Suspension Analysis and Forecast
9.1 Introduction
9.2 North America Electronically Controlled Air Suspension Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronically Controlled Air Suspension Market Size Forecast by Type
9.6.1 Hydraulic/Pneumatic
9.6.2 Electromagnetic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronically Controlled Air Suspension Market Size Forecast by Applications
9.10.1 Passenger cars
9.10.2 LCVs
9.10.3 Trucks
9.10.4 Buses
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronically Controlled Air Suspension Analysis and Forecast
10.1 Introduction
10.2 Europe Electronically Controlled Air Suspension Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronically Controlled Air Suspension Market Size Forecast by Type
10.6.1 Hydraulic/Pneumatic
10.6.2 Electromagnetic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronically Controlled Air Suspension Market Size Forecast by Applications
10.10.1 Passenger cars
10.10.2 LCVs
10.10.3 Trucks
10.10.4 Buses
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronically Controlled Air Suspension Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronically Controlled Air Suspension Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronically Controlled Air Suspension Market Size Forecast by Type
11.6.1 Hydraulic/Pneumatic
11.6.2 Electromagnetic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronically Controlled Air Suspension Market Size Forecast by Applications
11.10.1 Passenger cars
11.10.2 LCVs
11.10.3 Trucks
11.10.4 Buses
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronically Controlled Air Suspension Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronically Controlled Air Suspension Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronically Controlled Air Suspension Market Size Forecast by Type
12.6.1 Hydraulic/Pneumatic
12.6.2 Electromagnetic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronically Controlled Air Suspension Market Size Forecast by Applications
12.10.1 Passenger cars
12.10.2 LCVs
12.10.3 Trucks
12.10.4 Buses
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronically Controlled Air Suspension Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronically Controlled Air Suspension Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronically Controlled Air Suspension Market Size Forecast by Type
13.6.1 Hydraulic/Pneumatic
13.6.2 Electromagnetic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronically Controlled Air Suspension Market Size Forecast by Applications
13.10.1 Passenger cars
13.10.2 LCVs
13.10.3 Trucks
13.10.4 Buses
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronically Controlled Air Suspension Market: Competitive Dashboard
14.2 Global Electronically Controlled Air Suspension Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental
14.3.2 Hendrickson International
14.3.3 Thyssen Krupp
14.3.4 Dunlop Systems and Components
14.3.5 Wabco Holdings
14.3.6 Hitachi
14.3.7 Accuair Suspension
14.3.8 Mando
14.3.9 BWI
14.3.10 Firestone Industrial Products