GLOBAL EV AIR SUSPENSION SYSTEM PLASTICS MARKET

INTRODUCTION

 A plastic or airbag air spring, rubber, and an airline system make up an air suspension system. These components are all connected to an air compressor, valves, solenoids, and electronic controllers. Heavy-duty trucks, trailers, and buses are among the vehicles that use air suspension systems.

A form of vehicle suspension known as an air suspension system uses an electric pump or compressor to pressurise flexible bellows that are normally constructed of rubber with textile reinforcement.

GLOBAL EV AIR SUSPENSION SYSTEM PLASTICS MARKET SIZE AND FORECAST

The Global EV air suspension system plastics market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

MARKET DYNAMICS

Innovations and technological advancements are essential to the improvement of car suspension systems. Electronically controlled devices that have recently been introduced provide guests with greater comfort and convenience.

Although these elements are fueling the market's healthy expansion, it is also thought that these technologies are making automobiles more complex.

A significant amount of money must be spent on system prototype, designing, and production, which drives up costs and takes a lot of time.

The cost of air suspension systems rises as a result of the growing complexity brought on by the addition of solenoid valves, sensors, and ECUs  Electronic Control Units. Long-term, this is probably going to slow the rate of development for the concerned industry.

Urban populations all over the world have been shown to demand lightweight automobiles. By lowering carbon dioxide emissions, this factor allows for original equipment manufacturers. Additionally, it is assisting OEMs in increasing the fuel efficiency of their cars.

The need for lightweight automobiles in emerging markets is driving manufacturers to continuously search for the ideal composition material mix.

This would lessen the weight of the vehicles and have an impact on how well they perform in the coming years. To lighten the weight of air suspension systems, OEMs are using textile-based air springs. In the upcoming years, this element is expected to lead to new commercial prospects.

All facets of vehicle manufacture are increasingly using glass and carbon-fiber reinforced polymers. New technologies are creating stronger, more flexible items than ever before, while production times and costs are decreasing.

It is anticipated that as volume manufacturing techniques advance and more sophisticated parts can be produced in large quantities, the use of such plastics in suspension systems would rise.

There are numerous avenues for growth, as seen by the innovations in suspension design made by Audi and Citroen. When creating the next generation of suspension systems, engineers may have more design freedom if they use lighter metals and plastics.

However, this advancement must always be weighed against production costs, growing crash safety standards, and general powertrain integration - notably with the impending introduction of 48 Volt electrical systems.

COMPANY PROFILE

• Green car 
• Vibra coustic
• KH
• E motec
• Tesla

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many EV air suspension system plastics are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global EV air suspension system plastics and key vendor selection criteria
3. Where is the EV air suspension system plastics manufactured? What is the average margin per unit?
4. Market share of Global EV air suspension system plastics market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global EV air suspension system plastics in-house
6. key predictions for next 5 years in Global EV air suspension system plastics market
7. Average B-2-B EV air suspension system plastics market price in all segments
8. Latest trends in EV air suspension system plastics market, by every market segment
9. The market size (both volume and value) of the EV air suspension system plastics market in 2023-2030 and every year in between?
10. Production breakup of EV air suspension system plastics market, by suppliers and their OEM relationship