Air Suspension System Market Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2027

The Air Suspension System Market is expected to exceed more than US$ 6.0 Billion by 2024 at a CAGR of 5.5% in the given forecast period.

The scope of the report includes a detailed study of Air Suspension System Marketwith the reasons given for variations in the growth of the industry in certain regions.

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Air suspension systems are a sort of suspension system that support the vehicle on the axles with the inclusion of air springs (air bags) as another for steel springs or standard leaf springs. Air suspension systems will increase the flexibility to move loads by levelling the suspension. In addition, they conjointly cut back noise and vibration.

The Air Suspension System Market is segmented on the lines of its technology, component, vehicle type and regional. Basis of technology is segmented into Electronically Controlled Air Suspension System and Non-Electronically Controlled Air Suspension System. Based on component type it covers Air Springs, Shock Absorbers, Air Reservoir, Air Compressor, Electric Control Unit and Height Sensors. Basis of vehicle type is segmented into Passenger Cars, LCVs, Trucks and Buses. The Air Suspension System Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Continental AG, Thyssenkrupp AG, Wabco Holdings Inc, Hendrickson International Corporation, Dunlop Systems and Components, Hitachi Ltd, Mando Corporation, BWI Group, Accuair Suspension and Firestone Industrial Products. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The major driving factors of Air Suspension System Market are as follows:

  • Increasing Demand for Luxury & Comfort

The major restraining factors of Air Suspension System Market are as follows:

  • High Development & Adoption Cost of Advanced Suspension Systems

The major opportunities of Air Suspension System Market are as follows:

  • Increasing Demand for Lightweight Air Suspension Systems
  • Advance Electronically Controlled Air Suspension

The Air Suspension System Market has been segmented as below:

The Air Suspension System Marketis segmented on the lines ofTechnology, Component, Vehicle Type and Regional Analysis.

By Technologythis market is segmented on the basis ofElectronically Controlled Air Suspension System and Non-Electronically Controlled Air Suspension System. By Componentthis market is segmented on the basis ofAir Springs, Shock Absorbers, Air Reservoir, Air Compressor, Electric Control Unit and Height Sensors. By Vehicle Typethis market is segmented on the basis ofPassenger Cars, LCVs, Trucks and Buses. By Regional Analysisthis market is segmented on the basis ofNorth America, Europe, Asia-Pacific and Rest of the World.

This report provides:

1) An overview of the global market for Air Suspension System Marketand related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Air Suspension System Market.

4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

Reasons to Buy this Report:

1) Obtain the most up to date information available on all Air Suspension System Market.

2) Identify growth segments and opportunities in the industry.

3) Facilitate decision making on the basis of strong historic and forecast of Air Suspension System Market.

4) Assess your competitor’s refining portfolio and its evolution.

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Table of Contents:

  1.  Introduction
    1.1    Report Description
    1.2    Markets Covered
    1.3    Stakeholders
  2.  Research Methodology
    2.1    Research Data
    2.2    Market Size Estimation and Data Triangulation
    2.3    Research Assumptions
  3.  Report Summary
  4.  Market Overview
    4.1    Introduction
    4.2    Drivers
    4.3    Restrains
    4.4    Industry Trends
    4.5    Porter’s Five Forces Analysis
  5.  Air Suspension System Market Analysis, By Technology
  6.  Air Suspension System Market Analysis, By Component
  7.  Air Suspension System Market Analysis, By Vehicle Type
  8.  Air Suspension System Market Analysis, By Region
  9.  Competitive Overview
    9.1    Introduction
    9.2    New Product Launches
    9.3    Acquisitions
    9.4    Agreements, Partnerships, And Collaborations
    9.5    Expansions
  10.  Company Profiles
    10.1    Continental AG
    10.2    Thyssenkrupp AG
    10.3    Wabco Holdings Inc.
    10.4    Hendrickson International Corporation
    10.5    Dunlop Systems and Components
    10.6    Hitachi Ltd.
    10.7    Mando Corporation
    10.8    BWI Group
    10.9    Accuair Suspension
    10.10    Firestone Industrial Products

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