Global Automotive Air Suspension Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 10.17% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 7, 2018--The “Global Automotive Air Suspension Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
Air suspension systems use an air compressor in combination with air struts and suspension air bags to control ride stability. The analysts forecast the global automotive air suspension market to grow at a CAGR of 10.17% during the period 2018-2022.
The report covers the present scenario and the growth prospects of the global automotive air suspension market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of automotive air suspension systems in passenger cars and commercial vehicles.
The latest trend gaining momentum in the market is the growing trend for smart air suspension system. The system allows the driver to set a particular height or ground clearance of vehicle by adjusting the vehicle’s air suspension using the controls on the dashboard touch panel.
One of the major drivers for this market is the rising sales of luxury cars. Luxury cars are equipped with modern technologies that offer better performance, comfort, and convenience to the vehicle occupants as compared to the other vehicles.
The report states that one of the major factors hindering the growth of this market is the high production costs. The adoption of automotive air suspension systems is largely limited to luxury vehicles and heavy-duty commercial trucks.
Companies MentionedContinental Dunlop Systems and Components Hendrickson USA thyssenkrupp WABCO ZF Friedrichshafen
Key Topics Covered:
01. Executive Summary
02. Scope Of The Report
03. Research Methodology
04. Market Landscape
05. Market Sizing
06. Five Forces Analysis
07. Market Segmentation By Application
08. Customer Landscape
09. Regional Landscape
10. Decision Framework
11. Drivers And Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/4dzbvc/global_automotive?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180807005335/en/
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Related Topics:Suspension Systems and Components
INDUSTRY KEYWORD: AUTOMOTIVE GENERAL AUTOMOTIVE
SOURCE: Research and Markets
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PUB: 08/07/2018 04:45 AM/DISC: 08/07/2018 04:45 AM