Le Lézard
Classified in: Transportation
Subject: SVY

Global Automotive Advanced Suspension System Market Forecast to 2022: CAGR to Grow at 8.97%


DUBLIN, Oct. 15, 2018 /PRNewswire/ --

The "Global Automotive Advanced Suspension System Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

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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

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

PART 05: MARKET SIZING

PART 06: FIVE FORCES ANALYSIS

PART 07: MARKET SEGMENTATION BY TECHNOLOGY

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY END-USER

PART 10: REGIONAL LANDSCAPE

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

PART 13: MARKET TRENDS

PART 14: VENDOR LANDSCAPE

PART 15: VENDOR ANALYSIS

For more information about this report visit https://www.researchandmarkets.com/research/82jt5f/global_automotive?w=5

Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.

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SOURCE Research and Markets


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