A report on China Air Suspension System Industry Market Report 2023-2027 shows that the Chinese air suspension system market will reach $727 million in 2025 and $751 million in 2027. In 2025, China’s production capacity of air suspension systems reached 3.55 million units, and it is projected to reach 4.3 million units by 2027. The number of air suspension systems installed in China is expected to reach 1.22 million units in 2025, and 1.45 million units by 2027.
The period from 2023 to 2025 saw the fastest growth in China’s air suspension adoption, with the number of systems installed jumping from 680,000 to 1.22 million. However, due to price wars among Chinese automakers and their efforts to improve profits, the growth rate of air suspension system adoption slowed in 2025.
In 2024, China’s sales of cars priced above $30,000 reached 6.99 million units, more than three times the 2.15 million units sold in 2019. With the price of vehicles equipped with air suspension systems in China reaching $30,000 by 2025, it is estimated that over 6 million vehicles in China will be equipped with air suspension systems in the future.
The future development of air suspension systems will evolve from single-chamber air springs to dual-chamber and triple-chamber air springs. By controlling the connection and combination of the three air chambers, multi-level adjustable spring stiffness can be achieved, resulting in smoother and more precise adjustment of vehicle height. Open air suspension systems will also evolve into closed air suspension systems.
KHAT, a rising star in China’s air suspension system industry in the past 2-3 years, has raised a total of $230 million in funding, reaching a valuation of $850 million. In recent years, its revenue has grown 5-6 times, particularly in 2023 when it quadrupled, achieving a market share exceeding 45%. KHAT plans to achieve closed-loop system assembly by the end of 2025 and mass production of three-chamber air springs in 2026. Tuopu, riding the wave of sales booming for Xiaomi and AITO cars, has also seen rapid development in its air suspension system. In 2024, its shipments increased fivefold compared to 2023, and continued stable growth is expected.
The price of air suspension systems in China was $1200 in 2023, but by 2025, it had dropped to $600. The unit price of domestically produced air springs has decreased from approximately $150 per unit to the current $60 per unit.
The “magic carpet” suspension, combining air suspension with a vision system, is poised to become a new trend. This suspension works by using cameras and radar to scan the road surface ahead and adjust the air suspension’s stiffness to achieve a smooth ride.
1) KHAT and PhiGent signed a strategic cooperation agreement. The two companies will focus on the application of binocular stereo vision systems in vehicle intelligence and are committed to developing cost-effective intelligent chassis systems.
2) Baolong and Metoak established a joint venture focusing on 3D binocular stereo vision technology and related industrial applications such as automotive robots.
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China Air Suspension System Industry Market Report 2023-2027
Price: Single License $1288, Enterprise License $2688
Region: China
Pages: 37
Report Release Date: November 2025
China Air Suspension System Industry Market Report 2023-2027 is a professional and in-depth market report on the Chinese Air Suspension System industry. This report provides a comprehensive overview of the Air Suspension System industry, with data comprising 50% of the content, making it a comprehensive data report on the Chinese Air Suspension System industry.
This report introduces basic information about the Air Suspension System industry, including its definition, classification, applications, and industry chain overview. It then delves into the production status, financing situation, detailed data, and business cooperation of Air Suspension System companies in China.
Finally, the report introduces the future development of China’s Air Suspension System industry.
In summary, this is an in-depth data research report on China’s Air Suspension System industry. We thank the experts in the Chinese Air Suspension System industry for their support and assistance.
The report consists of three parts: Part One provides an overview of the industry; Part Two details the key players; and Part Three outlines future development trends and provides a summary.
Table of contents
Part 1 6
Chapter 1 Market Overview 6
1.1 Definition of Air Suspension System 6
Table: Analysis of Air Suspension System 7
1.2 Classification of Air Suspension System 7
Table: Analysis of Air Suspension System Classification 8
1.3 Air Suspension System Industry Chain 8
Figure: Analysis of Air Suspension System Industry Chain 8
Chapter 2 Industry Data Overview 9
2.1 Air Suspension System Market Analysis 9
Table: Analysis of China’s Automotive Market 9
Table: Market Analysis of Air Suspension System 9
2.2 Air Suspension System Company Data Analysis 9
Table: Market Analysis of Planned Capacity of Air Suspension System Companies 9
Table: Air Suspension System Company Production Capacity Market Analysis 11
Table: Air Suspension System Company Production Capacity Market Share Analysis 11
Table: Air Suspension System Company Shipment Market Analysis 11
Table: Air Suspension System Company Shipment Market Share Analysis 11
Table: Air Suspension System Company Revenue Market Analysis 12
Table: Air Suspension System Company Team Size Market Analysis 12
Part Two 13
Chapter Three Analysis of Major Air Suspension System Companies 13
3.1 KHAT 13
3.1.1 Company Introduction 13
3.1.2 Company Financing History 13
3.1.3 Company Production Capacity 13
3.1.4 Company Technology Roadmap 14
3.1.5 Company Business Cooperation 14
3.1.6 Company Product Introduction 14
Table: Air Suspension System Product Introduction 14
3.1.7 Company Data Analysis 14
Table: Company Revenue Data Analysis 14
3.2 Tuopu 15
3.2.1 Company Introduction 15
3.2.2 Company Financing History 15
3.2.3 Company Production Capacity 15
3.2.4 Company Technology Roadmap 16
3.2.5 Company Business Cooperation 16
3.2.6 Company Product Introduction 16
Table: Air Suspension System Product Introduction 16
3.2.7 Company Data Analysis 16
Table: Company Revenue Data Analysis 16
3.3 Baolong 17
3.3.1 Company Introduction 17
3.3.2 Company Financing History 17
3.3.3 Company Production Capacity 18
3.3.4 Company Technology Roadmap 18
3.3.5 Company Business Cooperation 19
3.3.6 Company Product Introduction 19
Table: Air Suspension System Product Introduction 19
3.3.7 Company Data Analysis 19
Table: Company Revenue Data Analysis 19
3.4 BWI Group 20
3.4.1 Company Introduction 20
3.4.2 Company Financing History 20
3.4.3 Company Production Capacity 21
3.4.4 Company Technology Roadmap 21
3.4.5 Company Business Cooperation 22
3.4.6 Company Product Introduction 22
Table: Air Suspension System Product Introduction 22
3.4.7 Company Data Analysis 22
Table: Company Revenue Data Analysis 22
3.5 Vibracoustic China 23
3.5.1 Company Introduction 23
3.5.2 Company Financing History 23
3.5.3 Company Production Capacity 24
3.5.4 Company Technology Roadmap 24
3.5.5 Company Business Cooperation 24
3.5.6 Company Product Introduction 25
Table: Air Suspension System Product Introduction 25
3.5.7 Company Data Analysis 25
Table: Company Revenue Data Analysis 25
3.6 Continental China 26
3.6.1 Company Introduction 26
3.6.2 Company Financing History 26
3.6.3 Company Production Capacity 26
3.6.4 Company Technology Roadmap 26
3.6.5 Company Business Cooperation 27
3.6.6 Company Product Introduction 28
Table: Air Suspension System Product Introduction 28
3.6.7 Company Data Analysis 29
Table: Company Revenue Data Analysis 29
3.7 Tianrun 30
3.7.1 Company Introduction 30
3.7.2 Company Financing History 31
3.7.3 Company Production Capacity 31
3.7.4 Company Technology Roadmap 32
3.7.5 Company Business Cooperation 32
3.7.6 Company Product Introduction 33
Table: Air Suspension System Product Introduction 33
3.7.7 Company Data Analysis 34
Table: Company Revenue Data Analysis 34
Part Three 35
Chapter Four: Analysis of Future Development Trends of Air Suspension System 36
Disclaimer 37