Press release
Advanced Suspension Control System Market 2018 Global Leading Players Analysis: Continental, ThyssenKrupp, Infineon, BWI, The Mando Corporation, Lord Corporation, Schaeffler, ZF Friedrichshafen, Magneti Marelli, and Hitachi Automotive
Advanced Suspension Control System Market is anticipated to expand remarkably at a CAGR of 9% during the forecast period of 2018 to 2023. Advanced Suspension Control System Market Research Report - Forecast to 2023 is latest report on Advanced Suspension Control System Industry, which provides Advanced Suspension Control System Global Market Size, Share, Trends, Growth analysis with historic and forecast data.Advanced Suspension Control System Key Company Analyzed in Report Are:
Continental AG (Germany), ThyssenKrupp AG (Germany), Infineon Technologies AG (Germany), and BWI Group (China). The Mando Corporation (South Korea), Lord Corporation (U.S.), Schaeffler AG (Germany), ZF Friedrichshafen AG (Germany), Magneti Marelli S.p.A (Italy), and Hitachi Automotive Systems (Japan).
Get Sample Copy Of “Advanced Suspension Control System Global Market Report 2018” At: https://www.marketresearchfuture.com/sample_request/6049
Market Highlights:
In this research report Advanced Suspension Control System Market is segmented by technology (Semi-active suspension system, Active suspension system), vehicle type (Passenger Cars and Commercial Vehicles), Region (North America, APAC, Europe, ROW)
The manufacturers in the automotive industry are incorporating sophisticated technologies to optimize the driving experience and achieve more ride quality and vehicle handling. The advanced suspension control system is an electronically controlled suspension system that ensures enhanced ride comfort by improving the support to the vehicle body.
Market Drivers and Restraints:
Increasing global demand for luxury vehicles and sports cars that are equipped with advanced suspension control systems is driving the growth of the global advanced suspension control system market. The rapid adoption of advanced technology in order to improve the driving experience and passenger and vehicle safety and increasing investment by the manufactures is projecting to impact positively on the expansion of the global advanced suspension control system market.
However, high cost of maintenance and replacement of these systems, lack of standardization, reliability issues and strict government regulations are likely to act as restraints on the growth of the global advanced suspension control system market during the forecast period.
Market Segmentation:
The global advanced suspension control system market has been segmented based on technology and vehicle type. Based on technology, the advanced suspension control system market is segmented into semi-active suspension system and active suspension system. Among these, the semi-active suspension system segment is anticipated to account for the largest share in the global advanced suspension control system market owing to the low development cost of these systems.
Based on vehicle type, the advanced suspension control system market is segmented into passenger cars and commercial vehicles. The passenger cars segment to projecting significant growth in the global advanced suspension control systems market owing to the increasing demand for automated premium luxury vehicles equipped with advanced suspension control system in the global market.
Regional Analysis:
Geographically, the global advanced suspension control system market has been segmented into four major regions such as Europe, Asia Pacific, North America and the rest of the world. The Europe region is projecting dominance over the global market for advanced suspension control system owing to the presence of large pool of luxury vehicle manufacturers in this region. The increasing standard of living and high demand for luxury vehicles is driving the growth of the advanced suspension control system market in the Asia Pacific and North America regions.
Industry updates:
In July 2018, Tenneco Inc. has announced that the new Mercedes-Benz-G-Class line of SUVs will be equipped with Tenneco's continuously variable semi-active (CVSA2) suspension technology from the Monroe intelligent suspension portfolio. This technology will be standard on Mercedes-AMG G 63 performance SUV and will be provided as an option on G350d and G500 models. These are the very first SUVs that will be offering Tenneco's CVSA2 technology.
Table of Content:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
Browse more details on report at: https://www.marketresearchfuture.com/reports/advanced-suspension-control-system-market-6049
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