Lucintel Forecasts the Air Suspension Market in Australia to Reach $7 Billion by 2031

According to a market report by Lucintel, the future of the air suspension market in Australia looks promising with opportunities in the light commercial vehicle, trucks, and bus markets. The air suspension market in Australia is expected to reach an estimated $7 billion by 2031 with a CAGR of 4% from 2025 to 2031. The major drivers for this market are the increasing demand for vehicle comfort and safety, the growing adoption of air suspension systems in luxury and premium vehicles, and the rising demand for air suspension systems in commercial vehicles.

A more than 150-page report to understand trends, opportunity and forecast in air suspension market in Australia to 2031 by vehicle type (light commercial vehicle (LCV), trucks, and bus), component (air spring, tank, solenoid valve, shock absorber, air compressor, electronic control unit (ECU), height & pressure sensor, and others), and technology (electronic controlled and non-electronic controlled).

Lucintel forecasts that, within the technology category, electronic controlled is expected to witness the highest growth over the forecast period because it is becoming more common in a variety of vehicles, including luxury vehicles, SUVs, and trucks.

Download sample by clicking on air suspension market in Australia.

Within the vehicle type category, trucks will remain the largest segment over the forecast period.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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