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The forklift market in the industrial equipment industry has grown significantly in recent years, with a global market size of OEMs reaching $65.5 billion in 2023. Unit sales in electric models reached 1,517,165 units in 2023; Frost & Sullivan projects the figure to increase to 2,599,553 units in 2030 at an 8% compound annual growth rate (CAGR). Fa...

NDT stands for non-destructive testing, and as the name suggests, the equipment is used to test a material’s properties without destroying its present or prospective usefulness.This analysis examines the key trends in the global NDT equipment market and identifies the factors that drive and restrain market growth. With 2024 as the base year, this i...

This study analyzes the total global market for RFID in airplane manufacturing and MRO. The need for manufacturing visibility and parts traceability will drive market growth. The market is in the growth stage, and the growth will come from both airplane manufacturing and MRO segments. North America and Europe will be the leading contributors to mar...

This report provides an in-depth analysis of growth opportunities in the global generator set (genset) industry for 2025 to 2035, focusing on the transformative forces reshaping the market. It examines the impact of digitalization, sustainability imperatives, and hybridization on genset adoption across multiple sectors, highlighting how renewable e...

This analysis explores the transformation of healthcare from reactive disease treatment toward proactive, continuous, and personalized health management driven by AI, digital health, and predictive intelligence. Rising chronic disease burdens, aging populations, and escalating healthcare costs are accelerating demand for early detection, continuous...

Compelling benefits, such as flexible capacity adjustments, rapid access to innovative features and capabilities, CAPEX avoidance, and ability to outsource routine solution management to an expert third party, will drive a steady shift to cloud communications services over the forecast period. Communications upgrades are increasingly a key part of ...

Interest in the microbiome as a science and industry has exploded over the past decade. Innovations are happening across 3 significant categories for human health benefits: microbiome-based therapeutics, over-the-counter (OTC) dietary supplements, and self-diagnostics/screening. The OTC market is the largest because of the lack of precise regulatio...

The Advanced Manufacturing Technology Opportunity Engine provides profiles of innovations related to High-Precision Actuators for the Next Generation of Humanoid Robotic, AI-Driven Dexterous Humanoid for Industrial Workforce Collaboration, AI Enabled Hybrid Platform For Enhanced Manufacturing Efficiency, Advanced Spool Welding Robot For Enhanced We...

15 May 2023  |  North America  |  Market Research

The North American Class 1–3 Air Suspension Replacement Aftermarket Growth Opportunities

Luxury Vehicle Segment Will Ensure Future Growth Potential of Air Suspension Replacement

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: Frost & Sullivan's research analytics on the class 1–3 air suspension replacement aftermarket in North America forecasts market size through 2029; the base year is 2022, and the study period is from 2019 to 2029. It analyzes key class 1-3 air suspension components, including air springs, air struts, and air compressors. Market forecasts are deriv...