Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2,696.86 Million | USD 4,753.40 Million | 6.50% | 2023 |
The global air suspension seat market is witnessing significant growth, driven by increasing demand for enhanced driver comfort, safety, and ergonomic solutions in commercial and off-road vehicles. Valued at approximately USD 2,696.86 Million in 2023, the market is projected to reach USD 4,753.40 Million by 2032, growing at a CAGR of 6.50% during the forecast period. Key factors propelling this growth include the rising prevalence of long-haul transportation, stringent occupational health regulations mandating ergonomic seating, and technological advancements such as semi-active and active suspension systems that offer real-time adjustments for optimal comfort. Major players in the market encompass Grammer, ContiTech, Mando, Faurecia, Hyundai Mobis, Lear Corporation, and ZF. Regionally, North America leads in market share, while the Asia-Pacific region is anticipated to experience the highest growth rate, attributed to rapid industrialization and urbanization.
An air suspension seat is designed to leverage the comfort offered by air spring suspension in seating solutions. Air suspension seats absorb shock and provide utmost comfort to the seater or occupant. These seats use airbags that in turn allow the seater to adjust the seat weight and height based on personal preference and road conditions. Air suspension seats are mostly found in automotive vehicles such as construction equipment, buses, trucks, and agricultural machinery where the seaters may have to stay in one position for a longer duration. Since air suspension seats can be easily adjusted in terms of softness and firmness, they are widely used for reducing fatigue and improving the overall riding quality. In most cases, trucks and buses have mechanical suspensions however, air suspension including, using an improved pneumatic system, can take the idea of mechanical suspensions one step further. The growing launch of new air suspension seats is likely to drive the air suspension seat market growth rate during the projection period. However, the seats with air suspension are more expensive and may limit the product’s adoption rate.
Growing investments in public road-based transport systems will drive the market demand rate
The global air suspension seat market is expected to benefit from the growing investments in the expansion and development of existing road infrastructures with the addition of more comfortable buses for passengers. The addition of new bus transit lines and more buses on the road to improve transit frequency will generate more demand for comfortable seating solutions in the form of air-suspension seats. In December 2023, Montpellier, a popular French city, announced that public transport for all residents would be free in the region thus making it the latest metropolitan city in Europe to achieve this feat. In addition to this, the surging demand for electric buses for public transport may impact the demand rate for air suspension seats.
In July 2022, Karsan, a Turkish producer of commercial vehicles, delivered 89 electric buses to Europe. These buses were sold to 6 companies that would be used across intercity and city public transport lines in Luxembourg. In March 2024, Volvo Buses launched the Volvo 8900 Electric bus. The automotive vehicle is available in three-axle and two-axle configurations. In a recent event, the Emerging Africa Infrastructure Fund (EAIF), a private company specializing in infrastructure development projects, announced a commitment of USD 50 million to launch Africa’s 100% electric public bus infrastructure in the Dakar region, the capital of Senegal. Similarly, the Indian government has chalked out ambitious plans for the development of road infrastructure in the coming years. By 2025, the country plans to construct a 2 lakh-km national highway network among other projects.
Higher demand in agricultural equipment segment may generate massive demand for air suspension seats
Agricultural automotives have gained wide growth momentum in the last decade driven by several influential factors. One of the primary reasons is the exponentially rising food demand resulting in increased pressure on crop cultivators to produce more crops. Additionally, growing awareness about the advantages of agriculture equipment on crop yield along with the availability of financial assistance has further promoted the use of automotives for agricultural purposes. These vehicles are mostly designed with the products available in the air suspension seat market as they provide superior comfort to the riders thus improving the overall tool efficiency and application.
High price of air suspension seats may limit the industry's growth rate
The global industry for air suspension seats is projected to be restricted due to the high price of the solutions compared to mechanical suspension seats. The reasons for the higher cost of air suspension seats are multifold, including the use of sophisticated technology and the higher grade of material used during production. In addition to this, air suspension seats are made using high previous protocols and systems that further contribute to the overall expense of the solution. Air suspension seats have limited end-user applications that limit the product’s overall adoption rate.
Rising introduction of new solutions in the market may generate growth opportunities
The global air suspension seat market is expected to generate massive growth opportunities during the projection period. Companies manufacturing air suspension seats are rolling out new products in the market with improved features and overall performance along with extended applications. For instance, air suspension seats provided by Fego Innovations enhance the rise experience by reducing jerks. They can be retrofitted in cars and bikes. Another product by the Sears Seating brand offers excellent high-performance air suspension seaters with low profile and reclining seats offering superior comfort. The company has designed the product to be used in vehicles such as excavators, steer loaders, mini dumpers, rollers, and lift trucks, among others. The seat is designed to offer quick release since it is contoured ergonomically. Additionally, it also has heated cushions and an operator presence switch.
Steep rise in demand for luxury automotives will help the market players gain growth momentum
Air suspension seats have seen significant acceptance in luxury automobiles since these vehicles are designed to deliver excellent comfort to consumers. The demand for luxury vehicles has been propelled in the last few years driven by the growing disposable income of the general buyers and availability of financial assistance. In March 2024, Li Auto Inc., a leading player in China’s new energy vehicle market, hosted the 2024 Spring Launch Event during which it also launched the Li MEGA, a highly advanced flagship family multi-purpose vehicle. The luxury automotive is equipped with Li Magic Carpet air suspension Max along with other breakthrough features such as continuous damping control (CDC) and H-arm multi-link rear suspension. The global air suspension seat industry players will continue to generate growth opportunities by delivering products as per the expectations of luxury car makers.
Concerns of reduced fuel efficiency when using air suspension seats may challenge the market expansion rate
The global industry for air suspension seats is projected to be challenged by the concerns related to reduced fuel efficiency. This is caused due to the heavier weight of air suspension seats compared to other alternatives. In addition to this, air suspension systems are at a higher risk of suffering from air leaks that can result in frequent malfunctions.
Report Attributes | Report Details |
---|---|
Report Name | Air Suspension Seat Market |
Market Size in 2023 | USD 2,696.86 Million |
Market Forecast in 2032 | USD 4,753.40 Million |
Growth Rate | CAGR of 6.50% |
Number of Pages | 223 |
Key Companies Covered | Pilot Seating, Commercial Vehicle Group (CVG), RECARO Automotive Seating, Isringhausen GmbH & Co. KG, Milsco Manufacturing Company, Bostrom Seating, Comfort Ride, National Seating, Hi-Rider, Wise Company, Grammer AG, Be-Ge Seating AB, Seats Incorporated, KAB Seating Ltd, Glide-Rite., and others. |
Segments Covered | By Application, By Type, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global air suspension seat market is segmented based on application, type, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
Based on the application, the global market segments are marine, agriculture, construction vehicles, and others. In 2023, the highest growth was observed in the construction vehicles segment led by the higher use of air suspension seats in trucks and other automotives that are regularly used across construction sites. Since truck and heavy vehicle drivers spend longer hours driving, they are prone to feeling discomfort which may subsequently lead to serious injury. Air suspension seats allow them greater comfort thus helping in achieving performance efficiency. The cost of air suspension seats in trucks may range between USD 1000 to USD 2000.
Based on the type, the air suspension seat industry divisions are passive suspension systems, active suspension systems, and others. In 2023, the highest growth was observed in the passive suspension system due to excellent reliability and design simplicity. Moreover, passive air suspension seats have greater application. Active suspension systems are more expensive thus restricting the number of buyers. The average cost of an active suspension system for trucks or buses may range between USD 4000 and USD 12000, depending on the vehicle.
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Germany to lead growth in Europe during the projection period
The global air suspension seat market is projected to register significant growth in Europe during the projection period. Germany will lead the regional market revenue since the country is home to some of the most significant manufacturers of air suspension seats supplying products across domestic and international markets. Some of the most prominent German companies offering highly efficient air suspension seats include companies such as Continental AG, Isringhausen GmbH & Co. KG, and Grammer AG among many others. In addition to this, growth in Europe is also affected by the growing consumer base of end-users including manufacturers of heavy-duty vehicles such as buses and trucks. The rising demand for highly efficient trucks and automotives with specific applications in the construction industry will fuel the regional market demand. The shifting focus of electric vehicles across private and public access automotives will generate considerable revenue during the projection period.
Growth in North America will be influenced by the higher demand for air suspension seats in the US and Canada regions. These countries focus highly on worker comfort and occupational safety. Additionally, the regional market is highly organized which helps North America’s growth rate.
The global air suspension seat market is led by players like:
The global air suspension seat market is segmented as follows:
By Application
By Type
FrequentlyAsked Questions
An air suspension seat is designed to leverage the comfort offered by air spring suspension in seating solutions.
The global air suspension seat market is expected to benefit from the growing investments in the expansion and development of existing road infrastructures with the addition of more comfortable buses for passengers.
According to study, the global air suspension seat market size was worth around USD 2,696.86 million in 2023 and is predicted to grow to around USD 4,753.40 million by 2032.
The CAGR value of the air suspension seat market is expected to be around 6.50% during 2024-2032.
The global air suspension seat market is projected to register significant growth in Europe during the projection period.
The global air suspension seat market is led by players like Pilot Seating, Commercial Vehicle Group (CVG), RECARO Automotive Seating, Isringhausen GmbH & Co. KG, Milsco Manufacturing Company, Bostrom Seating, Comfort Ride, National Seating, Hi-Rider, Wise Company, Grammer AG, Be-Ge Seating AB, Seats Incorporated, KAB Seating Ltd and Glide-Rite.
The report explores crucial aspects of the air suspension seat market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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