Published Date: December 2024
Electronically controlled air suspension in commercial vehicles (ECAS) market represents a pivotal segment in the global automotive and transportation industry. ECAS systems, a technologically advanced alternative to traditional suspension systems use electronic controls to adjust and optimize the suspension settings in real-time.
Segmentation Analysis:
By Type |
Electronically Controlled Air Suspension and Non-electronically Controlled Air Suspension |
By Application |
Light Commercial Vehicles and Heavy Commercial Vehicles |
Report Highlights:
- The electronically controlled air suspension in commercial vehicles (ECAS) market size accounted for USD 4.6 billion in 2024
- Target market estimated to be USD 7.3 billion by 2034 and to register a CAGR of 5.2%.
- Based on type, electronically controlled air suspension in commercial vehicles (ECAS) market is dominated by the electronically controlled air suspension segment.
- According to application, heavy commercial vehicles segment gets a large market share in the electronically controlled air suspension in commercial vehicles (ECAS) market.
- By region, the electronically controlled air suspension in commercial vehicles (ECAS) market is expected to expand rapidly in the North American region.
Market Dynamics:
Growing Factor |
Challenge Factor |
Market Trend |
Increasing Demand for Premium and Luxury Vehicles |
Competition from Conventional Systems |
Integration of Smart Technologies |
Key Highlights:
- In July 2023, Hendrickson, a multinational manufacturer of commercial vehicle parts, said that it would sell its air-trailer and mechanical axles and suspensions in the nation. Additionally, the business announced that it has successfully acquired Liteflex Composite Springs, a manufacturer of cutting-edge composite suspension springs.
Report Analysis:
Advances in Active Suspension Systems for Road Vehicles:
According to research report published by Elsevier B.V., in February 2024, unlike a mechanical spring system that deflects in proportion to the load, the height of air springs can be adjusted independently of the load by adjusting the spring pressure. Electronic controlled air suspension (ECAS), developed by Dunlop Systems and Components Ltd. (Coventry, U.K.), was first installed in the Range Rover Classic in 1993 and later in the Range Rover P38A. The chassis height is automatically controlled to adapt to driving conditions, while a manual ride-height switch is also offered. ECAS has been widely adopted in high-end grand tourer (GT) cars, such as the Mercedes-Benz AIRMATIC, Ford Expedition Models, Tesla Model S, and Audi A8 AI Suspension.
Browse ∼60 market data tables and ∼35 figures through ∼140 slides and in-depth TOC on “Electronically Controlled Air Suspension in Commercial Vehicles (ECAS) Market, By Type (Electronically Controlled Air Suspension and Non-electronically Controlled Air Suspension), By Application (Light Commercial Vehicles and Heavy Commercial Vehicles), and By Region - Trends, Analysis, and Forecast till 2034”
For more insights into the Electronically Controlled Air Suspension in Commercial Vehicles (ECAS) market and its future trends, visit the link: https://www.prophecymarketinsights.com/market_insight/electronically-controlled-air-suspension-in-commercial-vehicles-ecas-market-5306
Competitive Landscape of Electronically Controlled Air Suspension in Commercial Vehicles (ECAS) Market:
The prominent players operating in the electronically controlled air suspension in commercial vehicles (ECAS) market are Dunlop Systems and Components, Wabco, Arnott, Airlift Company, Wheels India, Hendrickson International, Suncore Industries, Volvo Trucks, Bwi Group, Mando Corporation, Continental, Vibracoustic, and Stemco.
Company Name |
Volvo Trucks |
Headquarter |
Gothenburg, Sweden |
CEO |
Martin Lundstedt |
Employee Count (2024) |
104,905 employees |
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