The North American Class 1-3 Air Suspension Replacement Aftermarket Growth Opportunities

Description

Luxury Vehicle Segment Will Ensure Future Growth Potential of Air Suspension Replacement

Frost & Sullivan's research analytics on the class 1-3 air suspension replacement aftermarket in North America forecasts market size through 2029; the base year is 2022, and the study period is from 2019 to 2029. It analyzes key class 1-3 air suspension components, including air springs, air struts, and air compressors. Market forecasts are derived from miles driven, usage patterns, replacement rate, new vehicle sales, and total vehicles in operation (VIO). The study breaks down the air suspension replacement aftermarket by unit shipment, revenue, distribution channel, and price. The competitive environment for air suspension replacement units is also examined, and the top aftermarket competitors are profiled. The North American class 1-3 vehicle air suspension replacement aftermarket is a niche market that is directly correlated with the luxury vehicle segment. The air suspension replacement aftermarket is a low-volume market as these components are durable and reliable likely to last up to 10 years before replacement under normal operating conditions. Replacement for air suspension commonly arises from issues such as air leaks, rust, wear & tear, and compressor burnout. Fleets or owner-operators requiring an air suspension replacement are deploying older vehicles aged 8 or more years. The study concludes with a discussion of 3 growth opportunities participants in this space can use to take action.

Product Code: PE87-41

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Class 1-3 Air Suspension Replacement Aftermarket
Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Opportunity Analysis

Scope of Analysis
Key Questions This Study Will Answer
Segmentation
Key Competitors
Aftermarket Structure

Demand Analysis

VIO Forecast by Class
Air Suspension Installation-VIO
Class 1-3 Electric Vehicle Unit Sales Forecast
Class 1-3 Electric Vehicles in Operation Forecast
Growth Drivers
Growth Restraints
CASE Impact on the Class 1-3 Air Suspension Replacement Aftermarket
Air Suspension Opportunities in the Aftermarket

Class 1-3 Air Suspension Aftermarket Forecast

Growth Metrics
Forecast Assumptions
Revenue and Unit Shipment Forecast
Unit Shipment Forecast by Product
Revenue Forecast by Product

Class 1-3 Air Spring & Strut Aftermarket Forecast

Growth Metrics
Air Spring and Strut Unit Shipment and Revenue Forecast
New Air Spring and Strut Unit Shipment Forecast
New Air Spring and Strut Revenue Forecast
Reman Air Spring and Strut Unit Shipment Forecast
Reman Air Spring and Strut Revenue Forecast
Air Spring and Strut Price Forecast

Class 1-3 Air Compressor Aftermarket Forecast

Growth Metrics
Air Compressor Unit Shipment and Revenue Forecast
New Air Compressor Unit Shipment Forecast
Reman Air Compressor Revenue Forecast
Air Compressor Price Forecast

Competitive Environment and Distribution

Competitive Environment
Air Springs Unit Market Share IAM
North American Air Suspension Aftermarket Competitor Benchmarking, 2022
Air Suspension Brand Analysis-Retailers and Warehouse Distributors
Air Suspension Revenue Share by Distribution Channel

Supplier Profiles

Supplier Profile-Arnott
Supplier Profile-Bilstein
Supplier Profile-Corteco
Supplier Profile-Unity Automotive
Supplier Profile-Dorman Products
Supplier Profile-Cardone Industries
Supplier Profile-Westar

Growth Opportunity Universe

Growth Opportunity 1-Private Labeling
Growth Opportunity 2-Electrification
Growth Opportunity 3-Remanufacturing

The Last Word

3 Big Predictions

Next Steps

Your Next Steps
Why Frost, Why Now?
List of Exhibits
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