Next Move Strategy Consulting
Africa Air Spring Market Report: Trends, Insights, and Forecast for 2030
Africa Air Spring Market Report: Trends, Insights, and Forecast for 2030
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The Africa Air Spring Market is projected to reach USD 138.3 million by 2030, growing at a CAGR of 4.0% to 2030. In terms of volume, the market is expected to reach 700 thousand units by 2030, with a CAGR of 5.2% over the same period. Air springs, also known as airbags or pneumatic springs, are components used in vehicle suspension systems to enhance ride quality, comfort, and stability. They are widely utilized in commercial vehicles, passenger cars, and industrial machinery.
The market features prominent players such as Continental AG, Bridgestone Industrial, Vibracoustic SE, Sumitomo Electric Industries, Ltd., Trelleborg AB, VDL Groep, Airtech (Aktaş Holding), Hendrickson USA, L.L.C., BWI Group, Stemco, and others, driving innovation and competition in the Africa air spring industry.
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