Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Air Suspension System Market_Written by | Page 2
North America ranks second in the global chart as the region has a considerable demand for premium
cars. The region is also technologically well-advanced, and substantial research is being done on this
subject in its research and development facilities. Furthermore, government initiatives have also
spurred a revamping of the automotive sector which, in turn, is influencing the growth of air
suspension market.
Europe, just as North America, is a technologically-advanced region, which is investing a lot in the
development of this sector. At the same time, its market for premium cars is expanding which
necessitates the consumption of air suspension system.
Industry Trends:
Automotive behemoths such as Land Rover has installed a new air suspension system in their car
Discovery which has enabled the car literally to ride on air. It has four air pockets to lift up the body
thus providing a smoother ride to its passengers.
Tenneco, a Germany-based company, recently announced that its CVSA2 semi-active suspension
technology is now ready for SUVs. Previously, it had a niche market for sports car only.
Market Dashboard:
The market is competitive, and various companies find it easier to expand portfolio by merging or
acquiring companies with a specialized focus on a particular sector. For instance, Tenneco has
recently announced to take over Federal-Mogul and will create two different companies to improve
their global performance and focus more on individual product quality.
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