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Automotive Suspension Systems Market by Vehicle Type (Passenger Car, LCV & HCV) worth $66.2 Billion by 2018

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Automotive Suspension Systems Market by Vehicle Type (Passenger Car, LCV & HCV) worth $66.2 Billion by 2018
The report "Automotive Suspension Systems Market by Vehicle Type (Passenger Car, LCV, & HCV), System Type (Passive & Semi-Active/Active), Damping Type (Hydraulic & Electromagnetic), & Geography - Industry Trends & Forecast to 2018" defines and segments the global automotive suspension systems market with analysis and projection of the market size in terms of volume and value.

Browse more than 108 market data tables and 38 figures spread through 241 slides and in-depth TOC on "Automotive Suspension Systems Market - Industry Trends & Forecast to 2018"

http://www.marketsandmarkets.com/Market-Reports/automobile-suspension-systems-market-939.html

Early buyers will receive 10% customization on this report.

Air Suspension Systems - A growing phenomena

Air suspension systems, a type of semi-active/active suspension, are gradually gaining preference from the automotive manufacturers as well as the consumers on account of the performance advantages they hold over the passive suspension systems. Since the disposable income of the consumers has increased and their attitude towards spending for comfort has become more liberal, the demand for air suspension systems is increasing gradually. The air suspension systems are known for the superior ride quality, control, comfort, and performance they provide to the driver. But, with the high cost of the air suspension systems as well as the associated high maintenance costs, the growth in the adoption of air suspensions has been slow. Continuous advancements in suspension system technology are slowly bridging the gap between their performance and cost related to the air suspension systems.

This has led to semi-active/active suspension systems slowly acquiring the share of passive systems in the market. This would give rise to increase in the installation of more number of semi-active/active suspension systems in vehicles. Presently, air suspension systems are widely used in HCVs, premium passenger cars, and LCVs

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