Automotive Air Suspension Market Future Prospects
The global automotive air suspension market size is USD 6.6 billion in 2024, and it will grow at a CAGR of 6.9% during 2025–2032, to reach USD 11.2 billion by 2032. This is ascribed to the increasing demand of commercial vehicles along with the vehicle comfort and safety which eventually derive the demand for the air suspension system in heavy vehicles specially.
Apart from this, the increasing demand for more comfort among passengers drives the market. The main purpose of the suspension is to stabilize the vehicle as it passes over bumps and potholes and minimize jerks, jumps and vibrations. Apart from ensuring a smooth ride, this reduces the chances of driver error from a lack of concentration due to the exaggerated up and down and sideways movement. Hence, as these systems enhance passenger safety, governments in many countries either have guidelines or mandates for them.
Further, with time, these systems continue to evolve. From the usage of new, often elastic materials for the suspension for better shock absorption to their integration with ADAS controls, auto component manufacturers are brining innovations to attract OEMs and edge out customers.