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Passenger Car Air Suspension Market Up鈥檚 and Down鈥檚 Analysis 2017, Key Players and Regional Forecast To 2021
by planetmarket_PMR · September 28, 2018
In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Passenger Car Air Suspension market for 2018-2023.
Air suspension is a type of vehicle suspension powered by an electric or engine driven air pump or compressor. This compressor pumps the air into a flexible bellows, usually made from textile reinforced rubber. The air pressure inflates the bellows Cheap Nike NBA Shirts , and raises the chassis from the axle. Passenger car air suspension is that air suspension used in place of passenger car. An air suspension system in a passenger car is installed in order to have enhanced riding comfort as well as driving safety. Passenger cars that have an air suspension system installed can quickly and easily align themselves to the corresponding conditions of the terrain which they are currently driven on. In the early 30s last century, American Firestone tire company firstly applied air suspension in car industry. In 1944 General motor company cooperated with Firestone Company on air suspension application in passenger car for first trial. The trial result showed air suspension system had inherent superiority.
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Luxury passenger cars such as Mercedes-Benz, Audi, and BMW are increasingly demanded from regions such as Germany and China. The Americas also contribute significantly to the market segment, with the number of passenger cars equipped with air suspension expected to hit 0.81 million units by 2022 with the CAGR of 7.5% from 20172022. Market growth is primarily driven by growing concern for comfort and luxury. Over the next five years, Planet Market Reports projects that Passenger Car Air Suspension will register a 4.2% CAGR in terms of revenue, reach US$ 1040 million by 2023 Cheap Nike NBA Jerseys , from US$ 810 million in 2017.
To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type: Electronically Controlled Air Suspension Non Electronically Controlled Air Suspension Segmentation by application: Sedan SUV Others
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendormanufacturers in the market. The key manufacturers covered in this report: Continental Wabco Firestone ThyssenKrupp Bilstein Hitachi Dunlop BWI Group Accuair Suspension
Research objectives To study and analyze the global Passenger Car Air Suspension consumption value & volume by key regionscountries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Passenger Car Air Suspension market by identifying its various sub segments. Focuses on the key global Passenger Car Air Suspension manufacturers, to define, describe and analyze the sales volume Cheap NBA Hats , value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Passenger Car Air Suspension with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market growth potential, opportunities Cheap NBA Hoodies , drivers, industryspecific challenges and risks. To project the consumption of Passenger Car Air Suspension submarkets, with respect to key regions along with their respective key countries. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively. Cheap Jerseys ChinaCheap Jerseys ChinaCheap Jerseys WholesaleCheap Stitched JerseysCheap Jerseys China WholesaleCheap NFL Jerseys From ChinaCheap NFL Jerseys From ChinaCheap Authentic NFL JerseysCheap NFL Jerseys From ChinaWholesale Jerseys