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Chassis Leveling Valves Market

Market Insights on Chassis Leveling Valves covering sales outlook, demand forecast & up-to-date key trends

Chassis Leveling Valves Market : Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031

Chassis Leveling Valves Market Overview

According to assessment, the chassis leveling valves market is anticipated to exhibit promising growth between 5% and 7% during the tenure of 2021 to 2031. The market expansion is predicted to be fueled by technological advancements and the strengthening of drive comfort standards around the world.

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What is Driving Demand for Chassis Leveling Valves?

Suspension adjustment for automobiles with air springs is provided by a chassis leveling valve. It carefully regulates compressed air in the suspension bellows in proportion to the weight on the vehicle.

The chassis leveling valves maintains a steady ride height by charging and de-charging the air suspension during loading and unloading. Chassis leveling valves is a type of an air suspension system.

Passengers will be more comfortable, cargo will be less damaged, and driver tiredness will be reduced on lengthy voyages if the ride is of high quality. Suspension is crucial for the quality of rides and car handling control, since cars with firm suspension may have better body control and quicker reactions. As a result of these reasons, demand for increased driving comfort has increased, favorably impacting the demand for these valves.

In recent years, there has been an increase in global demand for SUVs. Due to the low cost, compact size, modern designs, and superior agility, the SUV and sub-compact SUV industry has seen significant growth in nations such as the US, India, China and Mexico. As result of growing demand for SUVs, the sales of these valves has increased.

Consumer preferences and regulatory markets are quickly catching up to the incorporation of new technologies in modern cars and big vehicles. As a result, there is fierce competition among competitor manufacturers to produce light weight, good body support, and payload with torsional flexibility. 

The development of ultra-light valves, which allows new businesses to enter the market without having to invest heavily in R&D, is projected to spur market expansion.

Manufacturers and suppliers have developed highly technical valves to meet the needs of various vehicle models in the current scenario. These valves can significantly improve the vehicle's ride quality and fulfil the consumer's performance expectations.

US and Canada Demand Outlook of Chassis Leveling Valves

The region is the one of the world's biggest producer of chassis leveling valves, and this position is projected to be maintained in the next years. The urban population’s spending power in North America is steadily expanding, owing to improved employment possibilities and higher living standards in urban regions.

Because the region contains developed economies, this market in the region is expected to grow at a steady rate. US, where the rate of use of chassis leveling valves in automobiles is significant, is projected to be the market leader in North America. As a result, the demand for chassis leveling valves in the country is booming.

Nikhil Kaitwade
Principal Consultant
LinkedIn
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Europe Chassis Leveling Valves Sales Outlook

Due to its greater adoption rate of various types of air suspension sensors across all vehicle types than other areas such as North America and Asia, Europe is expected to lead the valves industry throughout the forecast period. OEMs such as Mercedes-Benz, BMW, Audi, Porsche, and Land Rover offer ECAS technology in specific models to enhance benefits such as height raising and lowering possibilities which is boosting the market.

Semi-trailers and multi-axle buses have a greater rate of chassis leveling valves installation in commercial vehicles. In addition, technology-driven suppliers are always working to provide the most advanced valve technology for light and heavy commercial vehicles.

Who are the Key Manufacturers and Suppliers of Chassis Leveling Valves?

Some of the leading manufacturers and suppliers include

These companies offer a diverse range of valves products and solutions, have strong global distribution networks, and invest heavily in research and development to develop new products.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Key Segments

By Type:

  • With Lever (Linkage)
  • Without Lever (Linkage)

By Vehicle Type:

  • Passenger Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Sales Channel:

  • OEM
  • Aftermarket

By Region:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, BENELUX, Russia)
  • South Asia & Pacific (India, ASEAN, Rest of South Asia)
  • East Asia (China , Japan, South Korea)
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa, Rest of MEA)
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Nikhil Kaitwade
Principal Consultant
LinkedIn
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Chassis Leveling Valves Market