Latest News: Air Suspension Market Expected to Grow at 8.4 Billion In Revenue by 2025

Global Air Suspension market 2019 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Air Suspension market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The Air Suspension Market is projected to grow at a CAGR of 6.76% during the forecast period, to reach a market size of US$ 8.4 Billion by 2025 from US$ 5.3 Billion in 2018. This report spread across 171 Pages, Profiling 10 Companies and Supported with 101 Tables and 52 figures is now available in this research.

 

#Key Players- Continental AG (Germany),ThyssenKrupp AG (Germany),Hitachi Ltd. (Japan),Wabco Holdings Inc. (Belgium),Firestone Industrial Products (US),BWI Group (China),SAF-Holland (Germany),Hendrickson International Corporation (US),Accuair Suspension (US),Mando Corporation (South Korea).

 

“Semi-trailer is projected to be the largest and fastest growing market for cabin air suspension during the forecast period”

The semi-trailer segment is anticipated to be the largest and fastest growing market for cabin air suspension from 2018 to 2025. Semi-trailers are used in extremely harsh and rigorous working environment for off-roading conditions. Therefore, OEMs offer a cabin with air suspension to enhance the cabin experience. Leading OEMs in Europe and North America such as Scania, MAN, Daimler, Volvo, and Paccar offer cabin air suspension in select heavy truck models with GVWR of 30 tons and above.

 

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“Europe and Asia Oceania: The largest and fastest growing air suspension market, respectively”

Europe is estimated to be the largest air suspension market during the forecast period owing to the presence of global OEMs, particularly for premium cars (C segment and above). The high sales of premium cars in the region can be attributed to the high purchasing power of European car buyers. According to MarketsandMarkets analysis, the share of premium cars in the total passenger car production in Germany was estimated to be nearly 81–83% in 2017, which is expected to reach 92.0–93.0% by 2025.

 

Competitive Landscape of Air Suspension Market:

1 Overview

2 Competitive Leadership Mapping

2.1 Visionary Leaders

2.2 Innovators

2.3 Dynamic Differentiators

2.4 Emerging Companies

3 Competitive Leadership Mapping: Air Suspension Manufacturers

3.1 Competitive Benchmarking

3.1.1 Strength of Product Portfolio

3.1.2 Business Strategy Excellence

4 Competitive Leadership Mapping: Air Suspension Component Manufacturers and Suppliers

4.1 Competitive Benchmarking

4.1.1 Strength of Product Portfolio

4.1.2 Business Strategy Excellence

5 Air Suspension Market: Market Share Analysis

6 Competitive Scenario

6.1 Expansions

6.2 New Product Launches/New Product Developments

6.3 Supply Contract/ Partnerships/Joint Ventures/ Collaborations

6.4 Mergers & Acquisitions

 

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