Global Bus Air Suspension System Market 2017-2021

  • ID: 4307481
  • Report
  • Region: Global
  • 99 pages
  • TechNavio
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FEATURED COMPANIES

  • Continental
  • Hendrickson
  • Hitachi
  • Infineon Technologies
  • LORD Corporation
  • Mando Corp
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Bus Air Suspension System

Air suspension system is a type of vehicle suspension that uses an air pump or compressor to pump air into the airbag (bellow). These bellows are made from reinforced rubber to allow air pressure to inflate them and thus raise the vehicle body from the axle. A suspension system in a vehicle enables connection between the vehicle body and the wheels and allows relative motion between them. The main components included in the suspension are a system of tires, springs, shock absorbers, and linkages.

The analysts forecast the global bus air suspension system market to grow at a CAGR of 1.58% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global bus air suspension system market for 2017-2021. To calculate the market size, the report considers the shipments of buses that adopt air suspension systems and excludes aftermarket volumes.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Bus Air Suspension System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Continental
- Hendrickson
- ThyssenKrupp
- WABCO

Other prominent vendors
- BeijingWest Industries (BWI Group)
- Dunlop Systems and Components
- Hitachi
- Infineon Technologies
- LORD Corporation
- Mando Corp.
- Volvo Buses
- Wheels India Limited
- ZF

Market drivers
- Rising demand for luxury buses and coaches
- For a full, detailed list, view the full report

Market challenges
- High cost of repairs
- For a full, detailed list, view the full report

Market trends
- Aftermarket component inclusions within OEM-fitted air suspension systems
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key Market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are theKey vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • Continental
  • Hendrickson
  • Hitachi
  • Infineon Technologies
  • LORD Corporation
  • Mando Corp
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Geographical segmentation
  • Market overview
  • Market in APAC
  • Market in EMEA
  • Market in the Americas
PART 07: Decision framework

PART 08: Drivers and challenges
  • Market drivers
  • Market challenges
PART 09: Market trends
  • Aftermarket component inclusions within OEM-fitted air suspension systems
  • Growing penetration of ECASS
  • Use of air suspension systems in off-road vehicles in Europe
PART 10: Vendor landscape
  • Competitive benchmarking
  • Other prominent vendors
PART 11: Key vendor analysis
  • Continental
  • Hendrickson
  • thyssenkrupp
  • WABCO
PART 12: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Suspension system types
Exhibit 02: Schematic diagram of ECASS
Exhibit 03: Modes of ECASS
Exhibit 04: Segmentation of global bus air suspension system market
Exhibit 05: Global bus air suspension system market 2016-2021 (thousands of units)
Exhibit 06: Five forces analysis
Exhibit 07: Global bus air suspension system market by geography 2016
Exhibit 08: Global bus air suspension system market by geography 2021
Exhibit 09: Global bus air suspension system market by geography 2016-2021
Exhibit 10: Bus air suspension system market in APAC 2016-2021 (thousands of units)
Exhibit 11: Fund allocation to infrastructure sub-segments: 12th Five Year Plan ($ billions)
Exhibit 12: Bus air suspension system market in EMEA 2016-2021 (thousands of units)
Exhibit 13: Bus air suspension system market in the Americas 2016-2021 (thousands of units)
Exhibit 14: Competitive benchmarking of global bus air suspension system market: Key vendors
Exhibit 15: Continental: Business segmentation by revenue 2016
Exhibit 16: Continental: Geographic segmentation by revenue 2016
Exhibit 17: Continental: Product portfolio
Exhibit 18: Product portfolio
Exhibit 19: Hendrickson: Recent developments
Exhibit 20: Suspension product portfolio of thyssenkrupp
Exhibit 21: thyssenkrupp: Recent developments
Exhibit 22: WABCO in commercial vehicle market
Exhibit 23: WABCO: Product portfolio
Exhibit 24: WABCO: Recent developments
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FEATURED COMPANIES

  • Continental
  • Hendrickson
  • Hitachi
  • Infineon Technologies
  • LORD Corporation
  • Mando Corp
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Bus Air Suspension System Market 2017-2021

The author of the report recognizes the following companies as the key players in the global bus air suspension system market: Continental, Hendrickson, ThyssenKrupp, and WABCO.

Other Prominent Vendors in the market are: BeijingWest Industries (BWI Group), Dunlop Systems and Components, Hitachi, Infineon Technologies, LORD Corporation, Mando Corp, Volvo Buses, Wheels India Limited, and ZF.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is aftermarket component inclusions within oem-fitted air suspension systems. Fleet operators of commercial vehicles are turning pure airbags of air suspension systems to airbags with coil springs fitted inside them. This usually comes as an aftermarket upgrade from the factory built pure airbag air suspension system, which is prone to rupturing issues.”

According to the report, one of the major drivers for this market is rising demand for luxury buses and coaches. Global bus and coach manufacturing is in a growing phase, driven by economic growth in emerging nations, especially in countries such as China and India, where demand for public transport is high. As the demand for intercity transportation grows, there will be rising demand for luxury buses and coaches worldwide. A series of takeovers and joint ventures have happened in the market, particularly in China, India, and Russia, as these manufacturers seek to secure a role in growing markets.

Further, the report states that one of the major factors hindering the growth of this market is high cost of repairs. Low-end ECASS usually are priced upwards of $2,000, while high-end systems are sold at rates above $10,000. This high initial cost of ECASS is also reflected in the replacement parts market. The failure of multiple components can cost between $2,000 and $6,500 to repair, depending on the nature of damage and the components that need to be replaced. In addition, many components are sold in pairs (for example, the airbags used in the suspension system). This means bus owners will have to purchase the entire set even though they only one of the parts needed to be replaced.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

  • Continental
  • Hendrickson
  • ThyssenKrupp
  • WABCO
  • BeijingWest Industries (BWI Group)
  • Dunlop Systems and Components
  • Hitachi
  • Infineon Technologies
  • LORD Corporation
  • Mando Corp
  • Volvo Buses
  • Wheels India Limited
  • ZF.
Note: Product cover images may vary from those shown
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