Air Suspension is a type of a vehicle suspension system based on air pressure mechanism. Air suspension comprises of various component such as compressor, spring, electronic sensors, shock absorber and others. Air suspension in automotive vehicle provides better ride, quality and comfort as compared to conventional suspension. Increasing demand for air suspension in motor vehicles is fueling the growth of Air suspension.
The major driver influencing the growth of air suspension are maneuverability, better control of the vehicle, comfort and stability whereas the high cost of development and maintenance associated with air suspension can act as a restraining factor in the market. Increasing demand for luxury busses and premium cars will boost the market of air suspension in coming years.
Studying and analyzing the impact of Coronavirus COVID-19 on the Air Suspension industry, the report provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
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The global Air Suspension market has been segmented into five major regions: North America, Europe, APAC, MEA, and SAM. APAC holds the dominant share in the Air Suspension market and it is expected to be the fastest-growing region in the global market in forecasted period. Governments of various countries are supporting local manufacturers to enhance automotive sector in the country which is bolstering the market growth.
The Top Companies in the Air Suspension market 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
The above listing of key players is derived by considering multiple factors such as overall revenue, current Air Suspension portfolio, new product launches, market initiatives, investment in technology up-gradation, mergers & acquisitions, and other joint activities.
Global Air Suspension Market: Applications and Types
Covid-19 Impact and Global Analysis – by Vehicle Type (Passenger Car, LCV and HCV); Component (Compressor, Air Spring, Shock Absorber, Control Module and Others); and Technology (Conventional Suspension and Electronic Suspension)
Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the in-Air Suspension market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Some Point from Table of Content:
Global Air Suspension Market Analysis, Key Company Profiles, Types, Applications and Forecast to 2028
1 Air Suspension Market – Research Scope
2 Air Suspension Market – Research Methodology
3 Air Suspension Market Forces
4 Air Suspension Market – By Geography
5 Air Suspension Market – By Trade Statistics
6 Air Suspension Market – By Type
7 Air Suspension Market – By Application
8 North America Air Suspension Market
9 Europe Air Suspension Market Analysis
10 Asia-Pacific Air Suspension Market Analysis
11 Middle East and Africa Air Suspension Market Analysis
12 South America Air Suspension Market Analysis
13 Company Profiles
14 Market Forecast – By Regions
15 Market Forecast – By Type and Applications
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