India Air Spring Market is predicted to reach USD 649.0 Million by 2030

According to the study by Next Move Strategy Consulting, the India Air Spring Market size is predicted to reach USD 649.0 million, at a CAGR of 7.2% by 2030.

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The growing initiatives by the Government of India (GoI) to boost the manufacturing of air suspension systems within the country are driving the air spring market by promoting local production capabilities.

The growth of the manufacturing industry in India further drives the air spring market by increasing the demand for reliable and efficient air springs in various machinery and equipment.

The promising key players operating in the India air spring industry include Continental AG, Bridgestone Industrial, Vibracoustic SE, Sumitomo Electric Industries, Ltd., Trelleborg AB, VDL Groep, Airtech (Akta? Holding), Hendrickson USA, L.L.C., BWI Group, Stemco, among others.