Global Commercial Vehicle Suspension System Market 2018-2022

The increasing sales and production of commercial vehicles have a direct impact on the market of commercial vehicle suspension system. The rising amount of freight and the increasing amount of manufacturing operations in developing countries are driving sales for commercial vehicles during our forecast period. The increasing volume of freight, freight operators are investing in newer vehicles during our forecast period. This will drive the demand for additional commercial vehicle suspension systems. Increasing demand for public transportation vehicles is fueling the production of commercial trucks and minibuses. This will also drive the production of additional units of commercial vehicle suspension. The market research analysts forecast the commercial vehicle suspension system market to grow at a CAGR of around 5% by 2022.

Market Overview

Rising sales of commercial vehicles

Th rising sales of commercial vehicles will drive the confidence of vehicle users to introduce newer models of trucks with advanced technological features during our forecast period. A suspension system is an important feature that determines the vehicle handling features and quality of the ride.

Increased cost of replacement

Replacement of commercial vehicle suspension system incurs a considerable amount of cost that may discourage a buyer from purchasing a vehicle. Increasing number of electronic parts within a commercial vehicle air suspension system will increase the complexity of repair, thereby increasing the cost of repair.

For the detailed list of factors that will drive and challenge the growth of the commercial vehicles suspension systems market during the 2018-2022, view this report.

Competitive Landscape

The commercial vehicles suspension systems market is fragmented owing to the presence of several established and regional vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORTPART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystem

Market characteristics

Market segmentation analysis

PART 05: MARKET SIZING

Market definition

Market sizing 2017

Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

Segmentation by application

Comparison by application

LCVs - Market size and forecast 2017-2022

HCVs - Market size and forecast 2017-2022

Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

Geographical segmentation

Regional comparison

Americas - Market size and forecast 2017-2022

APAC - Market size and forecast 2017-2022

EMEA - Market size and forecast 2017-2022

Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

Market drivers

Market challenges

PART 12: MARKET TRENDS

Integration of carbon fibers in commercial vehicle suspension system components

Development of composite leaf springs

Development of three-chamber air spring systems

PART 13: VENDOR LANDSCAPE

Overview

Landscape disruption

PART 14: VENDOR ANALYSIS

Vendors covered

Vendor classification

Market positioning of vendors

Continental

Hendrickson USA

Tenneco

thyssenkrupp

WABCO

ZF Friedrichshafen

PART 15: APPENDIX

List of abbreviations

List of Exhibits

Exhibit 01: Parent market
Exhibit 02: Parent market: Global automotive suspension system market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2017
Exhibit 07: Validation techniques employed for market sizing 2017
Exhibit 08: Global - Market size and forecast 2017-2022 (mn units)
Exhibit 09: Global - Year-over-year growth 2018-2022 (%)
Exhibit 10: Five forces analysis 2017
Exhibit 11: Five forces analysis 2022
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2017
Exhibit 18: Application - Market share 2017-2022 (%)
Exhibit 19: Comparison by application
Exhibit 20: LCVs - Market size and forecast 2017-2022 (mn units)
Exhibit 21: LCVs - Year-over-year growth 2018-2022 (%)
Exhibit 22: HCVs - Market size and forecast 2017-2022 (mn units)
Exhibit 23: HCVs - Year-over-year growth 2018-2022 (%)
Exhibit 24: Market opportunity by application
Exhibit 25: Customer landscape
Exhibit 26: Global - Market share by geography 2017-2022 (%)
Exhibit 27: Regional comparison
Exhibit 28: Americas - Market size and forecast 2017-2022 (mn units)
Exhibit 29: Americas - Year-over-year growth 2018-2022 (%)
Exhibit 30: Top 3 countries in Americas
Exhibit 31: APAC - Market size and forecast 2017-2022 (mn units)
Exhibit 32: APAC - Year-over-year growth 2018-2022 (%)
Exhibit 33: Top 3 countries in APAC
Exhibit 34: EMEA - Market size and forecast 2017-2022 (mn units)
Exhibit 35: EMEA - Year-over-year growth 2018-2022 (%)
Exhibit 36: Top 3 countries in EMEA
Exhibit 37: Market opportunity
Exhibit 38: Vendor landscape
Exhibit 39: Landscape disruption
Exhibit 40: Vendors covered
Exhibit 41: Vendor classification
Exhibit 42: Market positioning of vendors
Exhibit 43: Continental overview
Exhibit 44: Continental - Business segments
Exhibit 45: Continental- Organizational developments
Exhibit 46: Continental - Geographic focus
Exhibit 47: Continental - Segment focus
Exhibit 48: Continental - Key offerings
Exhibit 49: Hendrickson USA - overview
Exhibit 50: Hendrickson USA - Organizational developments
Exhibit 51: Hendrickson USA - Key offerings
Exhibit 52: Tenneco overview
Exhibit 53: Tenneco - Business segments
Exhibit 54: Tenneco - Organizational developments
Exhibit 55: Tenneco - Geographic focus
Exhibit 56: Tenneco - Segment focus
Exhibit 57: Tenneco - Key offerings
Exhibit 58: thyssenkrupp - overview
Exhibit 59: thyssenkrupp - Business segments
Exhibit 60: thyssenkrupp - Organizational developments
Exhibit 61: thyssenkrupp - Geographic focus
Exhibit 62: thyssenkrupp - Segment focus
Exhibit 63: thyssenkrupp - Key offerings
Exhibit 64: WABCO overview
Exhibit 65: WABCO - Business segments
Exhibit 66: WABCO - Organizational developments
Exhibit 67: WABCO - Geographic focus
Exhibit 68: WABCO - Segment focus
Exhibit 69: WABCO - Key offerings
Exhibit 70: ZF Friedrichshafen overview
Exhibit 71: ZF Friedrichshafen- Business segments
Exhibit 72: ZF Friedrichshafen - Organizational developments
Exhibit 73: ZF Friedrichshafen - Geographic focus
Exhibit 74: ZF Friedrichshafen - Segment focus
Exhibit 75: ZF Friedrichshafen - Key offerings

Executive Summary

Global Commercial Vehicle Suspension System Market 2018-2022

The analyst recognizes the following companies as the key players in the global commercial vehicle suspension system market: Continental, Hendrickson USA, Tenneco, thyssenkrupp, WABCO, ZF Friedrichshafen.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the integration of carbon fibers in commercial vehicle suspension system components.”

According to the report, one of the major drivers for this market is the rising amount of freight and the increasing amount of manufacturing operations in developing countries are driving the sales of commercial vehicles.

Further, the report states that one of the major factors hindering the growth of this market is the increased production cost of air suspension systems for commercial vehicle.

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.