Qyresearchreports include new market research report “Global Bus Air Suspension System Market Professional Survey Report 2018” to its huge collection of research reports.
Air suspension system is a type of vehicle suspension that uses an air pump or compressor to pump air into the airbag (bellow). These bellows are made from reinforced rubber to allow air pressure to inflate them and thus raise the vehicle body from the axle. A suspension system in a vehicle enables connection between the vehicle body and the wheels and allows relative motion between them. The main components included in the suspension are a system of tires, springs, shock absorbers, and linkages.
The changing consumer preferences, increasing disposable income driving people towards premium cars, and increasing demand for luxury busses are expected to drive the demand for automotive air suspension over the forecast period. The increasing purchasing power parity of the consumer, especially in developing economies such as India, China and Brazil is impelling the automotive manufacturers to come up with more number of premium cars. The increase in demand for cabin comfort, maneuverability, stability and better control of the vehicle together have led to an increase in the demand for air suspension systems in recent times.
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APAC accounted for the maximum share of the bus air suspension system market during 2016. The demand for public bus transport facilities and the presence of countries with high population density, will be the major factors propelling the markets growth in this region during the forecast period. Moreover, the presence of major bus manufacturers due to benefits such as low-cost production, labor, and supportive government policies will also contribute to the growth of the market in APAC.
The global Bus Air Suspension System market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
BeijingWest Industries (BWI Group)
Dunlop Systems and Components
Wheels India Limited
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Manual Air Suspension
Electronic Air Suspension
By Application, the market can be split into
Light Commercial Vehicle
The study objectives of this report are:
To analyze and study the global Bus Air Suspension System capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Bus Air Suspension System manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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