Acumen Research and Consulting Air Suspension Systems Market Size to Hit US$ 4 Bi | Page 2
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There are loads of opportunities in the air suspension systems market for the
new ventures to open new assembling facilities in the emerging economies, for
instance, India, China, Brazil, where entrance is particularly low and is
anticipated to bring opportunities in near future.
Electronically Controlled Air Suspension is the Highest Growing Segment
The electronically controlled air suspension system segment is assessed to have
the most noteworthy growth potential. We can see an obvious move from non-
electronically controlled air suspension towards the electronically controlled air
suspension. This can be credited to the demonstrated advantages of the system
as far as better leveling of the vehicle and diminished air utilization. Inferable
from this, there is a striking decrease in vibrations which helps in giving better
solace while travelling. Electronically controlled air suspension gives
dependability, ideal street grasp, and adjustment to various weight stacking. The
ECAS gives extra driving solace, as well as an upgraded dimension of safety.
Varied Applications of Product to Fuel Market Growth
LCV OEM segment 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 LCV OEM segment. Developed markets already have a high
penetration when it comes to air suspension in LCV OEM segment, and this
popularity is also growing in emerging markets making LCV OEM segment the
largest market segment.
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