DUBLIN, Jan. 14, 2019 /PRNewswire/ --
The "Global Commercial Vehicle Suspension System Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The commercial vehicle suspension system market to grow at a CAGR of around 5% by 2022.
The increasing sales and production of commercial vehicles have a direct impact on the market of commercial vehicle suspension system. The rising amount of freight and the increasing amount of manufacturing operations in developing countries are driving sales for commercial vehicles during our forecast period.
The increasing volume of freight, freight operators are investing in newer vehicles during our forecast period. This will drive the demand for additional commercial vehicle suspension systems. Increasing demand for public transportation vehicles is fueling the production of commercial trucks and minibuses. This will also drive the production of additional units of commercial vehicle suspension.
Rising sales of commercial vehicles
The rising sales of commercial vehicles will drive the confidence of vehicle users to introduce newer models of trucks with advanced technological features during our forecast period. A suspension system is an important feature that determines the vehicle handling features and quality of the ride.
Increased cost of replacement
Replacement of commercial vehicle suspension system incurs a considerable amount of cost that may discourage a buyer from purchasing a vehicle. Increasing number of electronic parts within a commercial vehicle air suspension system will increase the complexity of repair, thereby increasing the cost of repair.
The commercial vehicles suspension systems market is fragmented owing to the presence of several established and regional vendors.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Comparison by application
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
- Integration of carbon fibers in commercial vehicle suspension system components
- Development of composite leaf springs
- Development of three-chamber air spring systems
PART 13: VENDOR LANDSCAPE
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Hendrickson USA
- ZF Friedrichshafen
For more information about this report visit https://www.researchandmarkets.com/research/8bn8k3/global_commercial?w=5
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