INDIA AIR SUSPENSION MARKET

INTRODUCTION

Air suspension is a type of vehicle suspension that is operated by an air pump or compressor that is either electric or engine-driven. This compressor forces air into a flexible bellows, which is typically composed of textile-reinforced rubber. Unlike hydropneumatic suspension, which has many similarities, air suspension uses pressured air rather than pressurised liquid.

The air pressure expands the bellows, raising the chassis away from the axle. Air suspension is utilised in big vehicle applications such as buses and lorries, as well as in some passenger automobiles, in place of traditional steel springs. It is commonly found on semi-trailers and railroads (primarily passenger trains). 

INDIA AIR SUSPENSION MARKET SIZE AND FORECAST

The India air suspension 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.

NEW PRODUCT LAUNCH

Jamna Auto introduces revolutionary trailer air suspension and is optimistic about market success. Jamna Auto Industries Ltd. (JAI) has been manufacturing leaf springs for over six decades. JAI is the world's third-largest spring maker, with eight manufacturing plants located throughout India.

While mechanical suspensions use leaf springs, JAI began developing air suspensions with lift axles for the Indian market in partnership with Ridewell Company in the United States. This lift axle air suspension was favourably received by the Indian automotive industry, and the majority of OEMs began adopting JAI's lift axle air suspension on rigid trucks within 2-3 years of its launch in the Indian market.

Within six months, their team worked feverishly to produce initial prototypes. Their extensive experience working on rigid vehicles' lift axle air suspension system played a significant part in delivering the best-in-class air suspension for trailers in the shortest amount of time.

While JAI has state-of-the-art research and development and testing facilities equipped with six servo actuators to test any type of component or complete suspension system, the company decided to test one suspension at the Automotive Research Association of India (ARAI) to ensure product reliability.

Following successful testing at ARAI, they conducted additional tests at their in-house test lab to confirm the product's reliability. Following preliminary ARAI and in-house testing, they installed their indigenously designed and built air suspension on a few vehicles to gather field input. These preliminary fitments provided them with incredibly valuable inputs that are typically not recorded during laboratory rig testing.

COMPANY PROFILE OFINDIA AIR SUSPENSION MARKET

• Ranker
• Jamna Auto Industries
• Exporter India
• MZW Motors
• Manisha Engimark Private Limited

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

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