Air Suspension Market is poised to grow substantially till 2025 - PowerPoint PPT Presentation

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Air Suspension Market is poised to grow substantially till 2025

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Request for an in-depth table of contents for this report @ Europe is expected to register significant market share owing to the consumer preferences towards premium vehicles across the region. Presence of multiple automobile OEMs with product portfolio consisting of luxury and sports vehicles will further propel the industry growth. For instance, in 2018, Lamborghini launched its Urus SUV with air suspension and active damper technologies. Asia Pacific will account for a considerable share owing to rising demand for buses for long haul travel along with rising commercial vehicle production across the region. – PowerPoint PPT presentation

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Title: Air Suspension Market is poised to grow substantially till 2025


1
Air Suspension Market is set to see healthy CAGR
during 2018 to 2024 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Air Suspension Market
  • Europe is expected to register significant market
    share owing to the consumer preferences towards
    premium vehicles across the region. Presence of
    multiple automobile OEMs with product portfolio
    consisting of luxury and sports vehicles will
    further propel the industry growth. For instance,
    in 2018, Lamborghini launched its Urus SUV with
    air suspension and active damper technologies.
    Asia Pacific will account for a considerable
    share owing to rising demand for buses for long
    haul travel along with rising commercial vehicle
    production across the region.

3
  • Application Analysis of Air Suspension Market
  • Based on component, the electronic control unit
    segment will witness significant growth owing to
    the high preference for such devices for improved
    product performance. The ECU operates as a vital
    component in the electronically controlled air
    suspension system (ECASS), ensuring enhanced
    vehicle control and improved vibration
    absorption. Air spring will account for a
    considerable share owing to the product
    replacement required for over-extended springs.
    Unrestrained downward travel of the axle results
    in over-extension of air springs, further
    boosting the segment share.
  • Based on technology, the electronically
    controlled air suspension is expected to register
    considerable growth owing to the increasing
    consumer preference towards vehicles with
    convenient suspension operations. ECAS offers
    reduced vibration and air consumption providing
    comfortable ride, thereby supporting the segment
    growth. Higher stability, adaptability to varying
    loads and optimum road grip will further expand
    the air suspension market size over the projected
    timeframe.

4
Competitive Market Share of Air Suspension
Market
  • Industry players are continuously investing in
    RD for developing innovative products to improve
    the overall driving experience. For instance, in
    April 2019, Hyundai Mobis Co announced the
    development of new air suspension technology
    featuring automatic suspension adjustment for
    varying the vehicle height based on navigation
    system.
  • Few of the major players in air suspension market
    share include ThyssenKrupp AG, Continental AG,
    Firestone Industrial Products, Wabco Holdings
    Inc, Hitachi Ltd, Hendrickson International
    Corporation, SAF-Holland and Accuair Suspension.

5

Browse Full Market Research Report On Air
Suspension Market _at_ http//bit.ly/2Gqb7hJ Requ
est for an in-depth table of contents for this
report _at_ http//bit.ly/2Oa2Q80 Console Market

6
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