Norway Air Spring Market Size and Share | 2024-2030

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Norway Air Spring Market by Type (Convolute, Rolling Lobe, and Sleeve), Sales Channel (Original Equipment Manufacturer (OEM) and Aftermarket), and Application (Automotive, Railway, and Industrial) – Global Opportunity Analysis and Industry Forecast, 2024–2030

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Norway Air Spring Market Overview

The Norway Air Spring Market size was valued at USD 12.4 million in 2023, and is predicted to reach USD 21.8 million by 2030, at a CAGR of 7.4% from 2024 to 2030. Also, the air spring market is valued at 35 thousand units in 2023, and is expected to reach at 69 thousand units by 2030 with the CAGR of 8.7% during 2024-2030.

The air spring, also known as air bags or pneumatic springs refers to the industry focused on the production and distribution of these springs, which are components used in vehicle suspension systems to provide improved ride quality, comfort, and stability. It is a component used in commercial vehicles, passenger cars, and industrial machinery.

The component is designed to support loads, isolate vibrations and shocks, and act as a pneumatic cylinder by expanding itself. They are integral components of air suspension systems, providing improved comfort compared to traditional coil springs. These springs replaces traditional metal springs with a flexible, rubber-and-fabric bladder that contains compressed air, making them a popular choice for various applications.

The Rising Electric Vehicles (EVs) Adoption is Driving the Air Spring Market Growth

The growth of electric vehicles (EVs) in Norway is significantly driving the air spring market by increasing the demand for components that enhance ride quality and vehicle stability. According to the European Automobile Manufacturers’ Association (ACEA), EV registrations in Norway increased by 35% from April 2023 to April 2024.

As the number of EVs rises, so does the need for high-quality air springs, which are essential for optimizing the performance and comfort of electric vehicles. This trend directly boosts the air spring market in Norway, as manufacturers seek to meet the growing consumer demand for smoother and more stable rides in EVs.

The Growing Urbanization is Boosting the Demand for Air Spring Systems

The growth in urbanization in Norway is self-assured to further drive the air spring market by increasing the demand for efficient and comfortable transportation solutions. According to data provided by the Central Intelligence Agency (CIA), 84% of Norway’s total population resided in urban areas in 2023, with projections indicating an annual increase of 1.32% until 2025.

This growing urbanization fuels the need for advanced suspension systems, such as air springs, in public and commercial transportation. As urban areas expand, the demand for vehicles equipped with air springs to ensure a smooth and stable ride in dense, urban environments increases, thereby fostering the Norway air spring market demand.

High Complexity in Installing Air Springs Hinders the Market Growth

The installation process for these springs presents a formidable challenge, impeding market expansion. Specialized knowledge and tools are requisite for air bag installation, resulting in increased time and costs for both manufacturers and end-users.

Furthermore, the intricate installation procedure is prone to errors or inefficiencies, thereby compromising overall performance and reliability. Consequently, the complexities associated with air spring installation dissuade potential customers from embracing these products, consequently restricting the Norway air spring market expansion.

Integration of Sensor Technology in Air Springs Creates Opportunity

The incorporation of sensor technology into these springs is anticipated to unlock future market prospects. By integrating sensors into air bag systems, manufacturers can conduct real-time monitoring of pressure, temperature, and other critical parameters. This capability facilitates proactive maintenance, predictive analytics, and enhanced performance optimization, thereby boosting reliability and safety.

Furthermore, sensor-enabled air springs are poised to catalyze the development of intelligent, adaptive suspension systems capable of automatically adapting to diverse road conditions and driving dynamics.

With the automotive and industrial sectors increasingly prioritizing efficiency and automation, the demand for sensor-equipped air bags is expected to engender substantial growth opportunities in the foreseeable future.

Notably, key players in this domain such as Continental AG and Vibracoustic are spearheading innovation by integrating ultrasonic sensors into their air bags, underscoring the industry's dedication to advancement and progress.

Competitive Landscape

The promising key players operating in the Norway 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.

Norway Air Spring Market Key Segments

By Type

Convolute
- Single
- Multi
Rolling Lobe
Sleeve

By Sales Channel

Original Equipment Manufacturer (OEM)
Aftermarket

By Application

Automotive
- Passenger Cars
- Buses
- Trailer and Trucks
Railways
Industrial

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Market Size Value in 2023	USD 12.4 million
Revenue Forecast in 2030	USD 21.8 million
Market Size Volume in 2023	35 thousand units
Volume Forecast in 2030	69 thousand units
Value Growth Rate	CAGR of 7.4% from 2024 to 2030
Volume Growth Rate	CAGR of 8.7% from 2024-2030
Analysis Period	2023–2030
Base Year Considered	2023
Forecast Period	2024–2030
Market Size Estimation	Million (USD)
Market Volume Estimation	Thousand Units
Growth Factors	The rising EVs adoption is driving the air spring market growth The increasing automotive sector fuels the demand for air springs
Companies Profiled	10
Customization Scope	Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.

KEY PLAYERS

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

1 INTRODUCTION

1.1 REPORT DESCRIPTION

1.2 RESEARCH METHODOLOGY

1.2.1 SECONDARY RESEARCH

1.2.2 DATA ANALYSIS FRAMEWORK

1.2.3 MARKET SIZE ESTIMATION

1.2.4 FORECASTING

1.2.5 PRIMARY RESEARCH AND DATA VALIDATION

2 NORWAY AIR SPRING MARKET – EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT, 2023 - 2030, MILLION USD

3 PORTER’S FIVE FORCE MODEL ANALYSIS

3.1 BARGAINING POWER OF SUPPLIERS

3.2 BARGAINING POWER OF BUYERS

3.3 DEGREE OF COMPETITION

3.4 THREAT OF SUBSTITUTE

3.5 THREAT OF NEW ENTRANTS

4 MARKET SHARE ANALYSIS

4.1 MARKET SHARE ANALYSIS OF TOP PROVIDERS, 2023

5 MARKET DYNAMICS

5.1 GROWTH DRIVERS

5.1.1 DRIVER 1

5.1.2 DRIVER 2

5.1.3 DRIVER 3

5.1.4 DRIVER 4

5.2 CHALLENGES

5.2.1 CHALLENGE 1

5.2.2 CHALLENGE 2

5.2.3 CHALLENGE 3

5.2.4 CHALLENGE 4

5.3 OPPORTUNITIES

5.3.1 OPPORTUNITY 1

5.3.2 OPPORTUNITY 2

6 NORWAY AIR SPRING MARKET BY TYPE

6.1 OVERVIEW

6.2 CONVOLUTE MARKET

6.2.1 SINGLE

6.2.2 MULTI

6.3 ROLLING LOBE MARKET

6.4 SLEEVE MARKET

7 NORWAY AIR SPRING MARKET BY SALES CHANNEL

7.1 OVERVIEW

7.2 ORIGINAL EQUIPMENT MANUFACTURER (OEM) MARKET

7.3 AFTERMARKET MARKET

8 NORWAY AIR SPRING MARKET BY APPLICATION

8.1 OVERVIEW

8.2 AUTOMOTIVE MARKET

8.2.1 PASSENGER CARS

8.2.2 BUSES

8.2.3 TRAILER AND TRUCKS

8.3 RAILWAYS MARKET

8.4 INDUSTRIAL MARKET

9 COMPANY PROFILES

9.1 CONTINENTAL AG

9.1.1 COMPANY OVERVIEW

9.1.2 COMPANY SNAPSHOT

9.1.3 OPERATING BUSINESS SEGMENTS

9.1.4 PRODUCT PORTFOLIO

9.1.5 BUSINESS PERFORMANCE

9.1.6 BUSINESS SEGMENTS

9.1.7 GEOGRAPHIC SEGMENTS

9.1.8 KEY STRATEGIC MOVES AND DEVELOPMENT

9.1.9 PRIMARY MARKET COMPETITORS

9.2 BRIDGESTONE INDUSTRIAL

9.2.1 COMPANY OVERVIEW

9.2.2 COMPANY SNAPSHOT

9.2.3 OPERATING BUSINESS SEGMENTS

9.2.4 PRODUCT PORTFOLIO

9.2.5 BUSINESS PERFORMANCE

9.2.6 BUSINESS SEGMENTS

9.2.7 GEOGRAPHIC SEGMENTS

9.2.8 KEY STRATEGIC MOVES AND DEVELOPMENT

9.2.9 PRIMARY MARKET COMPETITORS

9.3 VIBRACOUSTIC SE

9.3.1 COMPANY OVERVIEW

9.3.2 COMPANY SNAPSHOT

9.3.3 OPERATING BUSINESS SEGMENTS

9.3.4 PRODUCT PORTFOLIO

9.3.5 BUSINESS PERFORMANCE

9.3.6 BUSINESS SEGMENTS

9.3.7 GEOGRAPHIC SEGMENTS

9.3.8 KEY STRATEGIC MOVES AND DEVELOPMENT

9.3.9 PRIMARY MARKET COMPETITORS

9.4 SUMITOMO ELECTRIC INDUSTRIES, LTD.

9.4.1 COMPANY OVERVIEW

9.4.2 COMPANY SNAPSHOT

9.4.3 OPERATING BUSINESS SEGMENTS

9.4.4 PRODUCT PORTFOLIO

9.4.5 BUSINESS PERFORMANCE

9.4.6 BUSINESS SEGMENTS

9.4.7 GEOGRAPHIC SEGMENTS

9.4.8 KEY STRATEGIC MOVES AND DEVELOPMENT

9.4.9 PRIMARY MARKET COMPETITORS

9.5 TRELLEBORG AB

9.5.1 COMPANY OVERVIEW

9.5.2 COMPANY SNAPSHOT

9.5.3 OPERATING BUSINESS SEGMENTS

9.5.4 PRODUCT PORTFOLIO

9.5.5 BUSINESS PERFORMANCE

9.5.6 BUSINESS SEGMENTS

9.5.7 GEOGRAPHIC SEGMENTS

9.5.8 KEY STRATEGIC MOVES AND DEVELOPMENT

9.5.9 PRIMARY MARKET COMPETITORS

9.6 VDL GROEP

9.6.1 COMPANY OVERVIEW

9.6.2 COMPANY SNAPSHOT

9.6.3 OPERATING BUSINESS SEGMENTS

9.6.4 PRODUCT PORTFOLIO

9.6.5 BUSINESS PERFORMANCE

9.6.6 BUSINESS SEGMENTS

9.6.7 GEOGRAPHIC SEGMENTS

9.6.8 KEY STRATEGIC MOVES AND DEVELOPMENT

9.6.9 PRIMARY MARKET COMPETITORS

9.7 AIRTECH (AKTAS HOLDING)

9.7.1 COMPANY OVERVIEW

9.7.2 COMPANY SNAPSHOT

9.7.3 OPERATING BUSINESS SEGMENTS

9.7.4 PRODUCT PORTFOLIO

9.7.5 BUSINESS PERFORMANCE

9.7.6 BUSINESS SEGMENTS

9.7.7 GEOGRAPHIC SEGMENTS

9.7.8 KEY STRATEGIC MOVES AND DEVELOPMENT

9.7.9 PRIMARY MARKET COMPETITORS

9.8 HENDRICKSON USA, L.L.C.

9.8.1 COMPANY OVERVIEW

9.8.2 COMPANY SNAPSHOT

9.8.3 OPERATING BUSINESS SEGMENTS

9.8.4 PRODUCT PORTFOLIO

9.8.5 BUSINESS PERFORMANCE

9.8.6 BUSINESS SEGMENTS

9.8.7 GEOGRAPHIC SEGMENTS

9.8.8 KEY STRATEGIC MOVES AND DEVELOPMENT

9.8.9 PRIMARY MARKET COMPETITORS

9.9 BWI GROUP

9.9.1 COMPANY OVERVIEW

9.9.2 COMPANY SNAPSHOT

9.9.3 OPERATING BUSINESS SEGMENTS

9.9.4 PRODUCT PORTFOLIO

9.9.5 BUSINESS PERFORMANCE

9.9.6 BUSINESS SEGMENTS

9.9.7 GEOGRAPHIC SEGMENTS

9.9.8 KEY STRATEGIC MOVES AND DEVELOPMENT

9.9.9 PRIMARY MARKET COMPETITORS

9.10 STEMCO

9.10.1 COMPANY OVERVIEW

9.10.2 COMPANY SNAPSHOT

9.10.3 OPERATING BUSINESS SEGMENTS

9.10.4 PRODUCT PORTFOLIO

9.10.5 BUSINESS PERFORMANCE

9.10.6 BUSINESS SEGMENTS

9.10.7 GEOGRAPHIC SEGMENTS

9.10.8 KEY STRATEGIC MOVES AND DEVELOPMENT

9.10.9 PRIMARY MARKET COMPETITORS

LIST OF TABLES

TABLE 1. NORWAY AIR SPRING MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 2. NORWAY AIR SPRING MARKET VALUE, BY TYPE, 2023-2030, (THOUSAND UNITS)

TABLE 3. CONVOLUTE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 4. CONVOLUTE, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 5. SINGLE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 6. SINGLE, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 7. MULTI, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 8. MULTI, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 9. ROLLING LOBE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 10. ROLLING LOBE, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 11. SLEEVE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 12. SLEEVE, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 13. NORWAY AIR SPRING MARKET VALUE, BY SALES CHANNEL, 2023-2030, (MILLION USD)

TABLE 14. NORWAY AIR SPRING MARKET VALUE, BY SALES CHANNEL, 2023-2030, (THOUSAND UNITS)

TABLE 15. ORIGINAL EQUIPMENT MANUFACTURER (OEM), MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 16. ORIGINAL EQUIPMENT MANUFACTURER (OEM), MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 17. AFTERMARKET, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 18. AFTERMARKET, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 19. NORWAY AIR SPRING MARKET VALUE, BY APPLICATION, 2023-2030, (MILLION USD)

TABLE 20. NORWAY AIR SPRING MARKET VALUE, BY APPLICATION, 2023-2030, (THOUSAND UNITS)

TABLE 21. AUTOMOTIVE, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 22. AUTOMOTIVE, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 23. PASSENGER CARS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 24. PASSENGER CARS, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 25. BUSES, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 26. BUSES, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 27. TRAILER AND TRUCKS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 28. TRAILER AND TRUCKS, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 29. RAILWAYS, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 30. RAILWAYS, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 31. INDUSTRIAL, MARKET VALUE, 2023-2030, (MILLION USD)

TABLE 32. INDUSTRIAL, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

TABLE 33. CONTINENTAL AG: COMPANY SNAPSHOT

TABLE 34. CONTINENTAL AG: OPERATING BUSINESS SEGMENTS

TABLE 35. CONTINENTAL AG: PRODUCT PORTFOLIO

TABLE 36. CONTINENTAL AG: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 37. CONTINENTAL AG: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 38. CONTINENTAL AG: KEY STRATERGY

TABLE 39. BRIDGESTONE INDUSTRIAL: COMPANY SNAPSHOT

TABLE 40. BRIDGESTONE INDUSTRIAL: OPERATING BUSINESS SEGMENTS

TABLE 41. BRIDGESTONE INDUSTRIAL: PRODUCT PORTFOLIO

TABLE 42. BRIDGESTONE INDUSTRIAL: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 43. BRIDGESTONE INDUSTRIAL: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 44. BRIDGESTONE INDUSTRIAL: KEY STRATERGY

TABLE 45. VIBRACOUSTIC SE: COMPANY SNAPSHOT

TABLE 46. VIBRACOUSTIC SE: OPERATING BUSINESS SEGMENTS

TABLE 47. VIBRACOUSTIC SE: PRODUCT PORTFOLIO

TABLE 48. VIBRACOUSTIC SE: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 49. VIBRACOUSTIC SE: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 50. VIBRACOUSTIC SE: KEY STRATERGY

TABLE 51. SUMITOMO ELECTRIC INDUSTRIES, LTD.: COMPANY SNAPSHOT

TABLE 52. SUMITOMO ELECTRIC INDUSTRIES, LTD.: OPERATING BUSINESS SEGMENTS

TABLE 53. SUMITOMO ELECTRIC INDUSTRIES, LTD.: PRODUCT PORTFOLIO

TABLE 54. SUMITOMO ELECTRIC INDUSTRIES, LTD.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 55. SUMITOMO ELECTRIC INDUSTRIES, LTD.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 56. SUMITOMO ELECTRIC INDUSTRIES, LTD.: KEY STRATERGY

TABLE 57. TRELLEBORG AB: COMPANY SNAPSHOT

TABLE 58. TRELLEBORG AB: OPERATING BUSINESS SEGMENTS

TABLE 59. TRELLEBORG AB: PRODUCT PORTFOLIO

TABLE 60. TRELLEBORG AB: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 61. TRELLEBORG AB: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 62. TRELLEBORG AB: KEY STRATERGY

TABLE 63. VDL GROEP: COMPANY SNAPSHOT

TABLE 64. VDL GROEP: OPERATING BUSINESS SEGMENTS

TABLE 65. VDL GROEP: PRODUCT PORTFOLIO

TABLE 66. VDL GROEP: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 67. VDL GROEP: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 68. VDL GROEP: KEY STRATERGY

TABLE 69. AIRTECH (AKTAS HOLDING): COMPANY SNAPSHOT

TABLE 70. AIRTECH (AKTAS HOLDING): OPERATING BUSINESS SEGMENTS

TABLE 71. AIRTECH (AKTAS HOLDING): PRODUCT PORTFOLIO

TABLE 72. AIRTECH (AKTAS HOLDING): SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 73. AIRTECH (AKTAS HOLDING): SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 74. AIRTECH (AKTAS HOLDING): KEY STRATERGY

TABLE 75. HENDRICKSON USA, L.L.C.: COMPANY SNAPSHOT

TABLE 76. HENDRICKSON USA, L.L.C.: OPERATING BUSINESS SEGMENTS

TABLE 77. HENDRICKSON USA, L.L.C.: PRODUCT PORTFOLIO

TABLE 78. HENDRICKSON USA, L.L.C.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 79. HENDRICKSON USA, L.L.C.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 80. HENDRICKSON USA, L.L.C.: KEY STRATERGY

TABLE 81. BWI GROUP: COMPANY SNAPSHOT

TABLE 82. BWI GROUP: OPERATING BUSINESS SEGMENTS

TABLE 83. BWI GROUP: PRODUCT PORTFOLIO

TABLE 84. BWI GROUP: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 85. BWI GROUP: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 86. BWI GROUP: KEY STRATERGY

TABLE 87. STEMCO: COMPANY SNAPSHOT

TABLE 88. STEMCO: OPERATING BUSINESS SEGMENTS

TABLE 89. STEMCO: PRODUCT PORTFOLIO

TABLE 90. STEMCO: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 91. STEMCO: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 92. STEMCO: KEY STRATERGY

LIST OF FIGURES

FIGURE 1. BARGAINING POWER OF SUPPLIERS

FIGURE 2. BARGAINING POWER OF BUYERS

FIGURE 3. DEGREE OF COMPETITION

FIGURE 4. THREAT OF SUBSTITUTE

FIGURE 5. THREAT OF NEW ENTRANTS

FIGURE 6. NORWAY AIR SPRING MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

FIGURE 7. NORWAY AIR SPRING MARKET VALUE, BY TYPE, 2023-2030, (THOUSAND UNITS)

FIGURE 8. CONVOLUTE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 9. CONVOLUTE, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 10. SINGLE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 11. SINGLE, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 12. MULTI, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 13. MULTI, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 14. ROLLING LOBE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 15. ROLLING LOBE, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 16. SLEEVE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 17. SLEEVE, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 18. NORWAY AIR SPRING MARKET VALUE, BY SALES CHANNEL, 2023-2030, (MILLION USD)

FIGURE 19. NORWAY AIR SPRING MARKET VALUE, BY SALES CHANNEL, 2023-2030, (THOUSAND UNITS)

FIGURE 20. ORIGINAL EQUIPMENT MANUFACTURER (OEM), MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 21. ORIGINAL EQUIPMENT MANUFACTURER (OEM), MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 22. AFTERMARKET, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 23. AFTERMARKET, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 24. NORWAY AIR SPRING MARKET VALUE, BY APPLICATION, 2023-2030, (MILLION USD)

FIGURE 25. NORWAY AIR SPRING MARKET VALUE, BY APPLICATION, 2023-2030, (THOUSAND UNITS)

FIGURE 26. AUTOMOTIVE, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 27. AUTOMOTIVE, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 28. PASSENGER CARS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 29. PASSENGER CARS, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 30. BUSES, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 31. BUSES, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 32. TRAILER AND TRUCKS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 33. TRAILER AND TRUCKS, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 34. RAILWAYS, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 35. RAILWAYS, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 36. INDUSTRIAL, MARKET VALUE, 2023-2030, (MILLION USD)

FIGURE 37. INDUSTRIAL, MARKET VALUE, 2023-2030, (THOUSAND UNITS)

FIGURE 38. CONTINENTAL AG: NET SALES, (2021-2023)

FIGURE 39. CONTINENTAL AG: PRIMARY MARKET COMPETITORS

FIGURE 40. BRIDGESTONE INDUSTRIAL: NET SALES, (2021-2023)

FIGURE 41. BRIDGESTONE INDUSTRIAL: PRIMARY MARKET COMPETITORS

FIGURE 42. VIBRACOUSTIC SE: NET SALES, (2021-2023)

FIGURE 43. VIBRACOUSTIC SE: PRIMARY MARKET COMPETITORS

FIGURE 44. SUMITOMO ELECTRIC INDUSTRIES, LTD.: NET SALES, (2021-2023)

FIGURE 45. SUMITOMO ELECTRIC INDUSTRIES, LTD.: PRIMARY MARKET COMPETITORS

FIGURE 46. TRELLEBORG AB: NET SALES, (2021-2023)

FIGURE 47. TRELLEBORG AB: PRIMARY MARKET COMPETITORS

FIGURE 48. VDL GROEP: NET SALES, (2021-2023)

FIGURE 49. VDL GROEP: PRIMARY MARKET COMPETITORS

FIGURE 50. AIRTECH (AKTAS HOLDING): NET SALES, (2021-2023)

FIGURE 51. AIRTECH (AKTAS HOLDING): PRIMARY MARKET COMPETITORS

FIGURE 52. HENDRICKSON USA, L.L.C.: NET SALES, (2021-2023)

FIGURE 53. HENDRICKSON USA, L.L.C.: PRIMARY MARKET COMPETITORS

FIGURE 54. BWI GROUP: NET SALES, (2021-2023)

FIGURE 55. BWI GROUP: PRIMARY MARKET COMPETITORS

FIGURE 56. STEMCO: NET SALES, (2021-2023)

FIGURE 57. STEMCO: PRIMARY MARKET COMPETITORS

Frequently Asked Questions

Norway air spring market is projected to grow at a CAGR of 7.4% to reach USD 21.8 million by 2030.

The key players in Norway air spring market include Continental AG, Bridgestone Industrial, Vibracoustic SE, Sumitomo Electric Industries, Ltd., Trelleborg AB, and others.

Norway air spring market was valued at USD 12.4 million in 2023

The high complexities associated with the installation of air spring hinders the market.

The integration of sensor-based technologies creates opportunities for the air spring in the coming future.

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