Air
spring is a load-carrying rubber component made of a hollow rubber bellow
sealed to metal plates attached at the top & bottom. Air spring is an
important component of air suspension system, consists of an air-supply tank,
an air compressor, leveling valves, bellows, check valves, and connecting
piping. It is a high force, low cost actuator which operates in a linear
fashion or at an angle. It is used on automobiles, machines, and buses for
providing smooth braking systems in automobiles. It enables improved vibration
isolation, higher durability and reduced driver fatigue. It is beneficial over
mechanical leaf & coil springs owing to its extra comfort & shock
absorbing properties, Moreover, the usage of air suspensions in automobiles
increase the safety features. This enhances the adoption rates of air springs
in commercial vehicles and passenger cars.
The
key benefits are included reduced noise & harshness, more versatile for
some loads, improved fuel consumption, less damage to road surfaces, better
resale and less load shifting. Apart from benefits, some of the drawbacks are
durability and more costly.
According
to study, “World
Air Springs Market Research Report 2024(Covering USA, Europe, China, Japan, SEA
and India)” the key companies operating in the world air springs market
are Continental AG, ITT Enidine, Bridgestone, Sumitomo Electric, Aktas, Air
Lift Company, Stemco, TrelleborgVibracoustic, Toyo Tire & Rubber, Dunlop
Systems and components, ThyssenKrupp AG, Zhuzhou Times, Bilz Vibration, CFM
Schiller, Mei Chen Technology, Yitao Qianchao, Ouya Rubber, Qingdao Senho,
Sona, Firestone Industrial Products Company LLC, Wabco Holdings Inc.,
Hendrickson USA LLC., GMT Rubber-Metal-Technic, BWI Group, Gaomate, AccuAir
Suspension, Mando Corp, VB-Airsuspension, Tata AutoComp Systems Ltd., VDL Weweler-Colaert
NV.
Based
on type, air springs market is segmented into semi-automatic air spring and
full-automatic air spring. Based on product type, market is segmented into
convoluted bellows, sleeve bellows and rolling lobe bellows (reversible
sleeve). The rolling lobe bellows uses a single rubber bladder, which folds
inward & rolls outward, depending on how far and in which path it is moved.
Convoluted bellows are estimated to have a substantial share in the market
because of its rigidity which provides more control to the vehicles when heavy
weights are applied. Based on technology, market is segmented into electrically
operated and non-electrically operated. Electronically controlled segment is
projected to grow caused by its benefits to handle vibrations and providing a
comfortable ride. Based on sales channel, market is segmented into aftermarket
and Original Equipment Manufacturer (OEM). In addition, based on application,
market is segmented into Heavy Commercial Vehicle (HCV), Light Commercial
Vehicle (LCV) and passenger car. HCV includes heavy trucks and coaches &
buses.
The
air springs market is driven by increase in penetration of air suspension
system into passenger cars & commercial vehicles, followed by rise in
demand for luxurious buses & performance trucks and increase in adoption of
electronically controlled systems. However, growth in presence of local
suppliers and high costs of developing air suspensions may impact the market.
Based
on geography, Europe holds major share in market, followed by USA in air
springs market owing to rise in number of passenger cars and increase in demand
for luxury vehicles. India, Japan and China countries are expected to generate
significant growth due to high share in vehicle exports and rise in high
vehicle (commercial and passenger) production over the forecast period.
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