Press release
Global Bus Air Suspension System Market to grow at a CAGR of 1.58% during the period 2017-2021
"The Report Global Bus Air Suspension System Market 2017-2021 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"About Bus Air Suspension System
Air suspension system is a type of vehicle suspension that uses an air pump or compressor to pump air into the airbag (bellow).
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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.
Technavios analysts forecast the global bus air suspension system market to grow at a CAGR of 1.58% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global bus air suspension system market for 2017-2021. To calculate the market size, the report considers the shipments of buses that adopt air suspension systems and excludes aftermarket volumes.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Bus Air Suspension System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Continental
Hendrickson
ThyssenKrupp
WABCO
Other prominent vendors
BeijingWest Industries (BWI Group)
Dunlop Systems and Components
Hitachi
Infineon Technologies
LORD Corporation
Mando Corp.
Volvo Buses
Wheels India Limited
ZF
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Market driver
Rising demand for luxury buses and coaches
For a full, detailed list, view our report
Market challenge
High cost of repairs
For a full, detailed list, view our report
Market trend
Aftermarket component inclusions within OEM-fitted air suspension systems
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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