DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Bus Air Suspension System Market 2017-2021" report to their offering.
The 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, 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.
The latest trend gaining momentum in the market is aftermarket component inclusions within oem-fitted air suspension systems. Fleet operators of commercial vehicles are turning pure airbags of air suspension systems to airbags with coil springs fitted inside them. This usually comes as an aftermarket upgrade from the factory built pure airbag air suspension system, which is prone to rupturing issues.
According to the report, one of the major drivers for this market is rising demand for luxury buses and coaches. Global bus and coach manufacturing is in a growing phase, driven by economic growth in emerging nations, especially in countries such as China and India, where demand for public transport is high. As the demand for intercity transportation grows, there will be rising demand for luxury buses and coaches worldwide. A series of takeovers and joint ventures have happened in the market, particularly in China, India, and Russia, as these manufacturers seek to secure a role in growing markets.
Other prominent vendors
- BeijingWest Industries (BWI Group)
- Dunlop Systems and Components
- Infineon Technologies
- LORD Corporation
- Mando Corp.
- Volvo Buses
- Wheels India Limited
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Geographical segmentation
PART 07: Decision framework
PART 08: Drivers and challenges
PART 09: Market trends
PART 10: Vendor landscape
PART 11: Key vendor analysis
PART 12: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/g5xrbt/global_bus_air