DUBLIN--(BUSINESS WIRE)--The "Global Automotive Advanced Suspension System Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global automotive advanced suspension system market to grow at a CAGR of 8.97% during the period 2018-2022.
The report 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.
One trend in the market is use of lightweight technologies for suspension. Vehicle makers are increasingly trying to reduce the overall weight of vehicles by replacing heavier parts with lightweight counterparts. Vehicle makers and suppliers are developing parts made from carbon fiber and glass reinforced plastics to decrease weight of the suspension components.
According to the report, one driver in the market is rising sales of luxury vehicles. Automotive advanced suspension systems are mainly used in high-performance and luxury vehicles. Hence, increasing sales of luxury and high-performance cars will drive the demand for automotive suspension system during the forecast period.
Further, the report states that one challenge in the market is increased production costs. Installation of automotive advanced suspension systems significantly increases vehicle production costs. Hence, automotive advanced suspension systems are limited to luxury cars and heavy commercial vehicles.
Key Vendors
- BMI Group
- Continental
- Tenneco
- Thyssenkrupp
- WABCO
- ZF Friedrichshafen
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Technology
8. Customer Landscape
9. Market Segmentation by End-User
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/zwnmfl/automotive?w=4
