The air springs market is slated to witness a positive growth rate during the forecast period .With the high utilization of air suspension systems in the automotive industry, the need for air springs has risen significantly. Changing terrain conditions and high user preference for convenient and effortless driving will fuel sales of air springs as they efficiently regulate chassis height especially on uneven terrains.
MARKET DYNAMICS
The global market for air springs is also influenced by the aftermarket to a large extent. Replacement of air springs becomes necessary after a predetermined range of travel, which is expected to fuel the demand for air springs. Moreover, various technological developments with respect to design and composites used in air springs are expected to exert a positive impact on air springs market growth.
MARKET SCOPE
The "Global air springs Market Analysis to 2031" is a specialized and in-depth study of the Air Springs Market with a special focus on the global market trend analysis. The report aims to provide an overview of Air Springs market with detailed market segmentation by product type, and vehicle type. The global Air Springs market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Air Springs market player and offers key trends and opportunities in the Air Springs market.
MARKET SEGMENTATION
The global Air Springs market is segmented on the basis of product type, and vehicle type. On the basis of product type, market is segmented as Single Convolute, Multi Convolute, Sleeve, Rolling Lobe and Conical Beads, Others. On the basis of vehicle type, market is segmented as Passenger Vehicles, Commercial Vehicles, Heavy Commercial Vehicles, Others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Air Springs market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Air Springs market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Air Springs Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Air Springs market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Air Springs market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Air Springs market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Air Springs Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Air Springs market in these regions.
MARKET PLAYERS
The reports cover key developments in the Air Springsmarket organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Air Springs market are anticipated to lucrative growth opportunities in the future with the rising demand for UAV battery market. Below mentioned is the list of few companies engaged in the Air Springs market.
The report also includes the profiles of key Air Springs market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Goodyear
- Arnott
- Ksport
- Firestone
- Helix
- Air Lift
- Suncore
- Viair
- RideTech
- Hellwig
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Air Springs Market - By Product Type
1.3.2Air Springs Market - By Vehicle Type
1.3.3Air Springs Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.AIR SPRINGS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PORTER'S FIVE FORCES ANALYSIS
4.2.1Bargaining Power of Buyers
4.2.1Bargaining Power of Suppliers
4.2.1Threat of Substitute
4.2.1Threat of New Entrants
4.2.1Competitive Rivalry
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.AIR SPRINGS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.AIR SPRINGS MARKET - GLOBAL MARKET ANALYSIS
6.1.AIR SPRINGS - GLOBAL MARKET OVERVIEW
6.2.AIR SPRINGS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.AIR SPRINGS MARKET - REVENUE AND FORECASTS TO 2028 â" PRODUCT TYPE
7.1.OVERVIEW
7.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3.SINGLE CONVOLUTE
7.3.1.Overview
7.3.2.Single Convolute Market Forecast and Analysis
7.4.MULTI CONVOLUTE
7.4.1.Overview
7.4.2.Multi Convolute Market Forecast and Analysis
7.5.SLEEVE
7.5.1.Overview
7.5.2.Sleeve Market Forecast and Analysis
7.6.ROLLING LOBE AND CONICAL BEADS
7.6.1.Overview
7.6.2.Rolling Lobe and Conical Beads Market Forecast and Analysis
7.7.OTHERS
7.7.1.Overview
7.7.2.Others Market Forecast and Analysis
8.AIR SPRINGS MARKET - REVENUE AND FORECASTS TO 2028 â" VEHICLE TYPE
8.1.OVERVIEW
8.2.VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3.PASSENGER VEHICLES
8.3.1.Overview
8.3.2.Passenger Vehicles Market Forecast and Analysis
8.4.COMMERCIAL VEHICLES
8.4.1.Overview
8.4.2.Commercial Vehicles Market Forecast and Analysis
8.5.HEAVY COMMERCIAL VEHICLES
8.5.1.Overview
8.5.2.Heavy Commercial Vehicles Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis
9.AIR SPRINGS MARKET REVENUE AND FORECASTS TO 2028 â" GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Air Springs Market Overview
9.1.2North America Air Springs Market Forecasts and Analysis
9.1.3North America Air Springs Market Forecasts and Analysis - By Product Type
9.1.4North America Air Springs Market Forecasts and Analysis - By Vehicle Type
9.1.5North America Air Springs Market Forecasts and Analysis - By Countries
9.1.5.1United States Air Springs Market
9.1.5.1.1United States Air Springs Market by Product Type
9.1.5.1.2United States Air Springs Market by Vehicle Type
9.1.5.2Canada Air Springs Market
9.1.5.2.1Canada Air Springs Market by Product Type
9.1.5.2.2Canada Air Springs Market by Vehicle Type
9.1.5.3Mexico Air Springs Market
9.1.5.3.1Mexico Air Springs Market by Product Type
9.1.5.3.2Mexico Air Springs Market by Vehicle Type
9.2.EUROPE
9.2.1Europe Air Springs Market Overview
9.2.2Europe Air Springs Market Forecasts and Analysis
9.2.3Europe Air Springs Market Forecasts and Analysis - By Product Type
9.2.4Europe Air Springs Market Forecasts and Analysis - By Vehicle Type
9.2.5Europe Air Springs Market Forecasts and Analysis - By Countries
9.2.5.1Germany Air Springs Market
9.2.5.1.1Germany Air Springs Market by Product Type
9.2.5.1.2Germany Air Springs Market by Vehicle Type
9.2.5.2France Air Springs Market
9.2.5.2.1France Air Springs Market by Product Type
9.2.5.2.2France Air Springs Market by Vehicle Type
9.2.5.3Italy Air Springs Market
9.2.5.3.1Italy Air Springs Market by Product Type
9.2.5.3.2Italy Air Springs Market by Vehicle Type
9.2.5.4United Kingdom Air Springs Market
9.2.5.4.1United Kingdom Air Springs Market by Product Type
9.2.5.4.2United Kingdom Air Springs Market by Vehicle Type
9.2.5.5Russia Air Springs Market
9.2.5.5.1Russia Air Springs Market by Product Type
9.2.5.5.2Russia Air Springs Market by Vehicle Type
9.2.5.6Rest of Europe Air Springs Market
9.2.5.6.1Rest of Europe Air Springs Market by Product Type
9.2.5.6.2Rest of Europe Air Springs Market by Vehicle Type
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Air Springs Market Overview
9.3.2Asia-Pacific Air Springs Market Forecasts and Analysis
9.3.3Asia-Pacific Air Springs Market Forecasts and Analysis - By Product Type
9.3.4Asia-Pacific Air Springs Market Forecasts and Analysis - By Vehicle Type
9.3.5Asia-Pacific Air Springs Market Forecasts and Analysis - By Countries
9.3.5.1Australia Air Springs Market
9.3.5.1.1Australia Air Springs Market by Product Type
9.3.5.1.2Australia Air Springs Market by Vehicle Type
9.3.5.2China Air Springs Market
9.3.5.2.1China Air Springs Market by Product Type
9.3.5.2.2China Air Springs Market by Vehicle Type
9.3.5.3India Air Springs Market
9.3.5.3.1India Air Springs Market by Product Type
9.3.5.3.2India Air Springs Market by Vehicle Type
9.3.5.4Japan Air Springs Market
9.3.5.4.1Japan Air Springs Market by Product Type
9.3.5.4.2Japan Air Springs Market by Vehicle Type
9.3.5.5South Korea Air Springs Market
9.3.5.5.1South Korea Air Springs Market by Product Type
9.3.5.5.2South Korea Air Springs Market by Vehicle Type
9.3.5.6Rest of Asia-Pacific Air Springs Market
9.3.5.6.1Rest of Asia-Pacific Air Springs Market by Product Type
9.3.5.6.2Rest of Asia-Pacific Air Springs Market by Vehicle Type
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Air Springs Market Overview
9.4.2Middle East and Africa Air Springs Market Forecasts and Analysis
9.4.3Middle East and Africa Air Springs Market Forecasts and Analysis - By Product Type
9.4.4Middle East and Africa Air Springs Market Forecasts and Analysis - By Vehicle Type
9.4.5Middle East and Africa Air Springs Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Air Springs Market
9.4.5.1.1South Africa Air Springs Market by Product Type
9.4.5.1.2South Africa Air Springs Market by Vehicle Type
9.4.5.2Saudi Arabia Air Springs Market
9.4.5.2.1Saudi Arabia Air Springs Market by Product Type
9.4.5.2.2Saudi Arabia Air Springs Market by Vehicle Type
9.4.5.3U.A.E Air Springs Market
9.4.5.3.1U.A.E Air Springs Market by Product Type
9.4.5.3.2U.A.E Air Springs Market by Vehicle Type
9.4.5.4Rest of Middle East and Africa Air Springs Market
9.4.5.4.1Rest of Middle East and Africa Air Springs Market by Product Type
9.4.5.4.2Rest of Middle East and Africa Air Springs Market by Vehicle Type
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Air Springs Market Overview
9.5.2South and Central America Air Springs Market Forecasts and Analysis
9.5.3South and Central America Air Springs Market Forecasts and Analysis - By Product Type
9.5.4South and Central America Air Springs Market Forecasts and Analysis - By Vehicle Type
9.5.5South and Central America Air Springs Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Air Springs Market
9.5.5.1.1Brazil Air Springs Market by Product Type
9.5.5.1.2Brazil Air Springs Market by Vehicle Type
9.5.5.2Argentina Air Springs Market
9.5.5.2.1Argentina Air Springs Market by Product Type
9.5.5.2.2Argentina Air Springs Market by Vehicle Type
9.5.5.3Rest of South and Central America Air Springs Market
9.5.5.3.1Rest of South and Central America Air Springs Market by Product Type
9.5.5.3.2Rest of South and Central America Air Springs Market by Vehicle Type
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.AIR SPRINGS MARKET, KEY COMPANY PROFILES
11.1.GOODYEAR
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.ARNOTT
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.KSPORT
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.FIRESTONE
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.HELIX
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.AIR LIFT
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.SUNCORE
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.VIAIR
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.RIDETECH
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.HELLWIG
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1. Goodyear
2. Arnott
3. Ksport
4. Firestone
5. Helix
6. Air Lift
7. Suncore
8. Viair
9. RideTech
10. Hellwig
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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