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(CityRegions.Com, March 01, 2019 ) Air springs form an integral component in luxury cars, SUVs and public transport vehicles such as buses. With a notable rise in net-worth individuals, ultra-luxury vehicles have demonstrated robust sales in the recent past. Adoption of body-on-frame SUVs has surged, with increased sales by OEMs as they venture into SUVs. OEMs equip air springs with novel air suspension systems. Electronically-controlled air suspension systems (ECAS), which have been witnessing robust penetration in luxury cars and commercial vehicles, are also a major demand determinant of air springs.
Detailed Assessment on Air Springs Market
XploreMR has recently published a new report on the global air springs market, which offers accurate forecasts on the market for the period between 2017 and 2026. This report is a definite source of information that imparts intelligence on recent market dynamics, industry trends, potential markets, technology developments & advancements, and product innovation coupled with extensive regional market coverage.
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A comprehensive data analysis on the global air springs market is delivered in the report, in order to help the clients in gaining a competitive edge and attracting potential customers. The report further aids in better understanding of the industry structure, and offers evaluations on the competition intensity attractiveness. Business strategists can leverage the intelligence offered in the report regarding latest opportunities and trends impacting the market expansion to make fact-based decisions for their businesses.
Air Springs Market: Taxonomy and Segmentation Analysis
This report also offers a scrutinized study on the global market for air springs in terms of a segmentation analysis. The market has been divided into five key segments, namely, force, product type, application, sales channel, and region. These segments have been analyzed in detail, engulfing market forecasts and estimates at a country and regional level.
The segmentation analysis offered can be useful for the report readers in understanding probable opportunities and potential markets for the target product – air springs. A taxonomy table incorporated in the report illustrates all the market segments in a systematic manner as depicted below.
Region Product Type Sales Channel Application Force
North America Single Convolute OEM Passenger Cars Less than 1500
Latin America Multi Convolute Aftermarket Buses 1500-2100
Europe Sleeve Trailers & Trucks 2100-3300
Japan Rolling Lobe Light Commercial Vehicles 3300-7300
APEJ Railways 7300-8800
MEA Industrial Lifts & Earthmovers 8800-10000
(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Air Springs Market: Competitive Landscape Assessment
In its concluding chapter, the report quantifies revenues share of prominent companies in the global air springs market, and offers an in-depth overview of the market’s competitive scenario. A detailed description has been delivered on all the market players profiled in the report, which includes intelligence in terms of their company overview, key financials, product overview, past as well as latest developments.
A SWOT analysis has been offered on each market player incorporated in the report, along with information on their new product developments, and market expansion strategies such as collaborations and partnerships. The scope of the report is offer its readers with authentic information and insights on the global air springs market, to enable them in making better future decisions for growth of the businesses.