Visitors Now:
Total Visits:
Total Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Air Suspension Market Market 7.54% CAGR Growth to 2021

Tuesday, November 8, 2016 5:36
% of readers think this story is Fact. Add your two cents.

(Before It's News)

The air suspension market is projected to grow at a CAGR of 7.54% from 2016 to 2021, to reach a market size of USD 4.69 billion by 2021. The major drivers for this market are rising demand for comfort and luxury, as a result of increased disposable income, increased preference towards luxury public transport for long distance travel among others are together driving the market for air suspension systems globally. Increasing demand for luxury and comfort in passenger cars and growing demand for luxury buses are the major drivers of the air suspension market

Browse Detailed TOC, Tables, Figures, Charts and Companies Mentioned in air suspension market research report at- http://www.absolutereports.com/10236370

“Non- Electronically Controlled Air Suspension System: Largest Technology Market”

Owing to its low cost, less complex design and easy handling as compared with electronically controlled air suspension, the market for non-electronically controlled air suspension is largest. The system has a very simple electric connection where air flow inwards and outwards from the air springs through valves. All the wheels have a good grip to the road surface which leads to increased stability of the steering system and improved braking performance.

Request for Sample PDF on air suspension market research report at- http://www.absolutereports.com/enquiry/request-sample/10236370

“Europe is projected to be the largest market segment while Asia-Oceania is the fastest growing market segment”

Europe accounts for the largest market share, both in terms of value and volume, as the region houses a number of premium car manufacturers as well as air suspension manufacturers like Continental AG (Germany), Dunlop Systems and Components (U.K.) and ThyssenKrupp AG (Germany) and hence is able to cater to a large variety of consumers. Asia-Oceania is the fastest growing market, both in terms of value and volume, for air suspension. This is because of the high demand for vehicles, especially in emerging economies such as China and India with several OEMs investing in these regions. Availability of cheap labor and favorable government policies are additional factors that spur this growth. 
 

The air suspension market is dominated by a few globally established players, namely, Continental AG (Germany), Hendrickson International Corporation (U.S.), ThyssenKrupp AG (Germany), Dunlop Systems and Components (U.K.), Wabco Holdings Inc. (Belgium), Hitachi Ltd. (Japan), Accuair Suspension (U.S.) amongst others. Key growth strategies adopted by these players include new product development, partnerships, agreements, joint ventures, and supply contracts.

Ask for Discount of air suspension market research report at- http://www.absolutereports.com/enquiry/request-discount/10236370

List of Companies
Continental AG
Hendrickson International Corporation
Thyssen Krupp AG
Dunlop Systems and Components
Wabco Holdings Inc.
Hitachi Ltd.
Accuair Suspension
Mando Corporation
BWI Group
Firestone Industrial Products

The report provides insights with reference to the following points:

n Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for air suspension across regions.
n Product Development/Innovation: Detailed insights into R&D activities, upcoming technologies, and new product launches in the automotive air suspension market.
n Market Diversification: Detailed information about untapped markets, investments, new products, and recent developments in the air suspension market.
n Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading players in the air suspension market.

 

About Absolute Report: Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters.
 

Contact–
Mr. Ameya Pingaley
Absolute Reports
+1-408 520 9750
Email – sales@absolutereports.com

www.absolutereports.com

 

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.