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Air Suspension Market 2022: Explore Top Factors that Will Boost the Global Market by 2030

07-06-2022 09:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Analytics LLP

A good quality ride provides comfort to passengers, minimizes damage to cargo, and reduces driver fatigue on long journeys. Suspension is responsible for quality of rides and control on car handling, as cars with firm suspension could result in greater control of body movements and quicker reactions. Ambulances have a special need for a high level of ride quality, to avoid further injury to the already ill passengers. Such factors have boosted the demand for higher driving comfort, which eventually influences the air suspension market.

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Key Market Players

CONTINENTAL AG.
THYSSENKRUPP AG
HITACHI LTD.
WABCO
Firestone Industrial Products (Subsidairy of Bridgestone)
Hendrickson USA, L.L.C.
MANDO CORPORATION
BWI Group
SAF-HOLLAND S.A.
ACCUAIR SUSPENSION

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With continuous upgradation in the automobile sector, the demand for vehicles equipped with the latest and advanced components has increased across the globe. This has also increased the demand for light weight vehicles present across the globe. Thus, to meet this criterion, vehicle manufacturers have preferred light weight suspension system over metal spring-based suspension systems. This adoption has led manufacturers to use light weight components for manufacturing suspension systems. Thus the increasing demand for lightweight air suspension system has led to the growth of market during the forecast period.

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Key Market Segments

By Vehicle Type
Light Commercial Vehicle (LCV)
TRUCKS
BUS

By Component
Air Spring
Tank
Solenoid Valve
Shock Absorber
Air Compressor
Electronic Control Unit (ECU)
Height & Pressure Sensor
Others

By Technology
ELECTRONIC CONTROLLED
NON-ELECTRONIC CONTROLLED

By Sales Channel
Original Equipment Manufacturers (OEMs)
AFTERMARKET

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Key Benefits for Air Suspension Market:

This study presents the analytical depiction of the global air suspension market analysis along with the current trends and future estimations to depict imminent investment pockets.

The overall air suspension market opportunity is determined by understanding profitable trends to gain a stronger foothold.

The report presents information related to the key drivers, restraints, and opportunities of the global market with a detailed impact analysis.

The current market is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.

Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Browse Complete Report at 
https://www.alliedmarketresearch.com/air-suspension-market

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About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

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