Vehicle Security System Market by Type, Technology, Vehicle Type (Passenger Car, Commercial Vehicles and Off-Highway Vehicles), and by Region (Asia-Pacific, Europe, North America and Rest of the World) - Industry Trends and Forecast to 2021

Passenger Cars: Largest Market for Air Suspension Systems Passenger cars are estimated to constitute the largest market share, by value and volume, of the air suspension market. Luxury and comfort are the major highlights of air suspension and hence they are mainly limited to the premium segment of passenger cars. Developed markets already have a high penetration when it comes to air suspension in passenger cars, and this popularity is also growing in emerging markets making passenger cars the largest market segment. PDF Brochure :

Electronically Controlled Air Suspension is the Fastest Growing Segment The electronically controlled air suspension (ECAS) system segment is estimated to have the highest growth potential. We can see a visible shift from non-electronically controlled air suspension to electronically controlled air suspension. This can be credited to the proven benefits of the system in terms of better levelling of the vehicle and reduced air consumption. Owing to this, there is a remarkable reduction in vibration which helps in providing better comfort while travelling. Electronically controlled air suspension provides stability, optimum road grip, and adaptation to different weight loading. The ECAS provides not only additional driving comfort, but also an enhanced level of safety. Request for Customization :

The passenger car segment is the fastest growing segment globally, in terms of both value and volume, whereas the heavy commercial vehicle segment is the promising market for air suspension systems in the near future. The increasing awareness about the benefits of air suspension along with shifting consumer preferences towards comfort and luxury is encouraging OEMs to focus on manufacturing more advanced suspension systems with increasing penetration in the case of passenger cars. Non-electronically controlled air suspension systems dominate the global market, in terms of both value and volume however, the electronically controlled air suspension systems segment is the fastest growing globally, in terms of both value and volume. This is owing to the electronically controlled air suspension systems are more advanced and comfort with less maintenance as compared with non- electronically controlled air suspension systems. Still, considering Request

Europe: Largest regional market segment The air suspension market has been segmented into four regions, namely, Asia- Oceania, Europe, North America and Rest of the World. Europe is estimated to constitute the largest market share, globally, in terms of both value and volume. OEMs in this region are highly advanced and are working on enhancing their technical capabilities and thus are able to cater a larger segment of the air suspension system demand. Europe is the only region where 15-20% of passenger cars sold are fitted with air suspension systems. The air suspension market report covers various established air suspension system and component manufacturers. Some of the major players include Continental AG (Germany), ThyssenKrupp AG (Germany), Wabco Holding Inc. (Belgium), Hendrickson International Corporation (U.S.), Dunlop Systems and Components (U.K.) and Hitachi Ltd. (Japan). Speak to

Market Ecosystem: The air suspension market ecosystem comprises various air suspension system and component manufacturers such as Continental AG (Germany), ThyssenKrupp AG (Germany), Wabco Holding Inc. (Belgium), Hendrickson International Corporation (U.S.), Dunlop Systems and Components (U.K.) and Hitachi Ltd. (Japan).These manufacturers supply components to numerous vehicle manufacturers, which include BMW AG (Germany), Daimler AG, (Germany), Fiat Chrysler Automobiles (Italy) and Volvo (Sweden). The ecosystem also includes regional automotive associations such as the International Organization of Motor Vehicle Manufacturers (OICA), Society of Indian Automotive Manufacturers (SIAM), Japan Automotive Manufacturers Association (JAMA), and European Automobile Manufacturers Association (ACEA). Buy Now:

Browse >> 70 market data tables 63 figures 143 pages and in-depth TOC "Air Suspension Market by Vehicle Type (PC, LCV, Truck & Bus), Component (Air Spring, Shock Absorber, Air Compressor, ECU, Air Reservoir & Height Sensors), Technology (Electronically & Non-Electronically Controlled), & by Region - Global Forecast to 2021" Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

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