Global Air Springs for Railways, Trucks and Buses Industry 2018 Market Study of Growth, Sales, Towel Types, Demands, Pricing, Trends & Shares Through 2027

Posted on 2018-08-07 by Mark Hub in Industrial, Retail // 0 Comments

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Rockville, US, 2018-Aug-07 — /EPR Network/ — Air springs have been used in heavy duty vehicle suspension systems for nearly a century, wherein they have proven to be highly useful by taking advantage of the compressed air required for vehicle braking systems. Air springs provide a two-fold advantage over mechanical leaf- or coil-springs. One advantage with air suspension is the extra comfort provided by being able to adjust the air pressure inside the spring, which changes the spring rate, and therefore, ride quality. Additionally, as variable control over air pressure adjusts the deck or trailer height in heavy vehicles, aligning loading docks to the level of the deck is possible with the help of air springs when dock plates are unavailable.

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Shock absorbers, linear actuators, vibration isolators, and tensioners, are key a few examples that utilize air springs to provide air suspension. Air springs make some of the best vibration isolators, and hence possess a substantially high demand. Such a demand has given rise to a distinct air springs in railways, trucks and buses market to exist from a global perspective. These springs are mainly used in heavy vehicles as is clearly interpreted from the market’s name. In short, air springs are a high force, low cost actuator that can operate in a linear fashion or at an angle.

Air Springs for Railways, Trucks and Buses Market: Introduction

Air spring is a fabric and a rubber container that resembles two or three tires loaded lying on top of each other. It carries load in the air suspension system used in automobiles or machines. The system of air springs and air suspensions helps the vehicles to stay at a certain height irrespective of the load it is carrying. Bigger vehicles like buses consist of multiple air springs. These springs are made to stay flexible for a specific amount of load, but get stiffer if this amount of load increases after a specific limit. There are other advantages of air springs including its power to control the spring rate. The air suspension system is an old technique, which was first adopted in 1950 in few luxury cars. However, with the evolution of technology, the automobile industry came up with many new techniques and components that are used in the new vehicles. These new systems for leveling include rear shock absorbers that are air-adjustable, and also an air spring system that does not have an air compressor. The system of air suspension has become mandatory for railways as well. The air springs in coaches provides a much more comfortable and smooth journey for travelers as air springs change the distance between air support and coach body with the changing load on it.

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Air Springs for Railways, Trucks and Buses Market: Drivers and Restraints

The global air springs market is largely influenced by growing concerns towards safety of travelers. Manufacturers need to focus more on providing safe and comfortable travel experience to the passengers. This increased the rate of implementing air suspension in the automotive market. Furthermore, the increase in number of heavy commercial vehicles is having a positive impact on the demand of air springs for trucks. The increasing adoption of air springs in trucks is in turn fuelling the growth of the global air springs market. As preference of individuals towards the use of public transport increases, the demand for railway and buses experiences a significant increase, in indirectly fueling the market for air springs at a global level.

However air springs market’s growth may witness challenges such as growing adoption of hydraulic suspension. Hydraulic suspension uses four dampers with hydraulic fluid. This type of suspension provides the drivers a firmer ride. It is considered to be a long lasting and less maintenance option, which makes it an ideal replacement of air suspensions and air springs.

Air springs for Railways, Trucks and Buses: Regional Outlook

The regional divisions for air springs for railways, trucks and buses market, includes Asia Pacific as the dominating segment. With a high rate of automotive production, Asia Pacific is expected to lead the market in terms of market size. However, Europe is also considered to be an attractive region for the automotive industry. These attractive regions are considered to witness highest market growth with a higher demand for public transports and HCVs. On a broader basis, America, Europe and Japan is expected to hold over 30% of the total market share.

Air springs for Railways, Trucks and Buses: Key Players

Some of the companies that are considered to be the major players in the air springs market are Goodyear, Arnott, Ksport, Firestone, Helix, Air Lift, Torque, Suncore, Viair, RideTech, Hellwig, Legend and Ride-Rite.

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