Air Suspension Industry Press Release
Portland, OR -- (SBWIRE) -- 10/10/2017 -- Progressive Markets has published a report, titled, "Global Air Suspension Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025." As per the report, the global air suspension market is expected to grow at a considerable CAGR from 2017 to 2025. The research offers a comprehensive analysis of market conditions to help market players in gaining competitive advantage and investors to determine investment feasibility in the global industry. Moreover, key market players operating in the industry are analyzed in the study. Detailed analysis of market size and revenue for the historic period, 2014–2016 and the forecast period, 2017–2025 is offered in the research to help market players gain leadership status and acquire impressive asset base in the global industry.
The research provides a detailed segmentation of the global air suspension market based on technology, vehicle, component, and geography. Based on technology, the market is classified into conventional suspension and electronic suspension. Based on vehicle, it is categorized into passenger vehicle, light & medium commercial vehicle, and heavy commercial vehicle. On the basis of component, the market is sub-segmented into compressor, spring, shock absorber, control module, and others (height adjustment sensor, air tank). Geographically, the market is divided into North America, Europe, Asia-Pacific, and LAMEA. Revenue generated by each segment is enlisted in a tabular format and market share for the historic period and the forecast period is outlined in the research with the help of tabular and graphical format.
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Key findings of the global air suspension industry are offered in the study along with current scenario. Top investment pockets and key winning strategies are covered in the research. Moreover, competitive landscape and development status of the global industry are outlined in the study. Primary and secondary research methodologies are implemented to collect and validate data and statistics. Scope of the report is outlined and definitions of significant terminologies are mentioned.
Key market players operating in the global air suspension market are discussed in the report. The study offers a brief overview of each player along with outlining their recent developments across the globe. Furthermore, financial and business segmentation of each player are discussed in the study. Key industry players analyzed in the report are Hendrickson International Corporation, Wabco Holdings Inc., ThyssenKrupp AG, Dunlop Systems and Components, Continental AG, Accuair Suspension, Mando Corporation, VDL Groep, Hitachi Ltd., and BWI Group. These insights are valuable to gain an overview of competitive intensity and capitalize on opportunities by collaborations, mergers & acquisitions, partnerships, and others with key market players to gain major market share.
Market dynamics of the global air suspension industry are explored in the research based on drivers and restraints. Rise in demand for more comfort and features from automotive buyers and rise in trend of electronically adjustable suspension systems drive growth in the industry. High cost of development and maintenance of air suspension create challenges in the industry. Porter's Five Forces Analysis (PFFA) is offered in the research on basis of bargaining power of suppliers, bargaining power of buyers, threat of substitutes, industrial rivalry, and threat of new entrants. It helps industry players to identify market conditions and highlight strategies for growth for the future.
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