Essentially a suspension system is designed to connect the wheels and brakes to the body of the trailer and to absorb the worst of the physical blows imposed by the road surface. It must also absorb noise while maintaining the handling of the trailer behind the vehicle.
This report contains market size and forecasts of Trailer Suspension System in global, including the following market information:
Global Trailer Suspension System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Trailer Suspension System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Trailer Suspension System companies in 2021 (%)
The global Trailer Suspension System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Air Suspension Systems Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Trailer Suspension System include Meritor, Hendrickson, BPW Group, SAF-HOLLAND S. A., JOST Werke AG, Dexter Axle Company, Reyco Granning, Cush Suspensions and Ridewell Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Trailer Suspension System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Trailer Suspension System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Trailer Suspension System Market Segment Percentages, by Type, 2021 (%)
Air Suspension Systems
Mechanical Suspension Systems
Global Trailer Suspension System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Trailer Suspension System Market Segment Percentages, by Application, 2021 (%)
OEMs
Aftermarket
Global Trailer Suspension System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Trailer Suspension System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Trailer Suspension System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Trailer Suspension System revenues share in global market, 2021 (%)
Key companies Trailer Suspension System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Trailer Suspension System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Meritor
Hendrickson
BPW Group
SAF-HOLLAND S. A.
JOST Werke AG
Dexter Axle Company
Reyco Granning
Cush Suspensions
Ridewell Corporation
Simard Suspensions
Watson & Chalin