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(I-AutoNewsWire.com, July 15, 2017 ) "According to Publisher, the Global Advanced Suspension Control System Market is expected to grow at a CAGR of 9.5% during the forecast period". Factors such as increasing use of electronics in vehicles and technological advances are fueling the market growth. However, strict government regulations, cost expenditure of the repair and replacement and lack of standardization are hampering the market. Reliability issues may also pose challenge to market over the forecast period. Upcoming suspension technologies will be a key trend for market growth.
For more information http://www.reportsweb.com/advanced-suspension-control-system-global-market-outlook-2016-2022
By technology, semi-active suspension system segment commanded the largest market share during the forecast period. The low-cost of development of these systems will be one of the primary factors attributing to the growth of this segment. By vehicle type, Passenger Cars segment is anticipated to grow at a significant CAGR attributed to growing demand for automated premium luxury vehicles from the Asia pacific region. By geography, EMEA was the largest market accounting for almost 46% of the total market share. The higher adoption rate of advanced suspension control systems will be one of the primary drivers for the growth of the market in this region.
Some of the key players in Advanced Suspension Control System market include BWI Group, ThyssenKrupp, Mando Corporation, Infineon Technologies, Lord and Continental.
Technologies Covered: - Active Suspension System - Semi-active Suspension System
Vehicle Types Covered: - Commercial Vehicles - Passenger Cars
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001565072/sample
Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
9 Company Profiling 9.1 BWI Group 9.2 ThyssenKrupp 9.3 Mando Corporation 9.4 Infineon Technologies 9.5 Lord 9.6 Continental
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Priya Sisodia
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Source: EmailWire.Com
Source: EmailWire.com
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