Below are some of the key findings from the commercial vehicle suspension system market research report

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Global commercial vehicle suspension system industry overview
The increasing penetration of the air suspension system is one of the key drivers expected to trigger the market’s growth in the forthcoming years. HCVs are increasingly being equipped with air suspension systems for reducing vibration, eliminating engine noise, and improving vehicle handling while transporting heavy loads over unfavorable terrains. The use of an air suspension system further reduces the instances of the trailer bouncing and improves vehicle handling. Also, increased preference for air suspension systems within commercial vehicles is encouraging automotive manufacturers to equip commercial vehicle models with air suspension systems. Following the high penetration rate, the commercial vehicle suspension system market is projected to register a CAGR of close to 5% during the forecast period.
The integration of carbon fibers in commercial vehicle suspension system components is one of the key trends expected to gain traction in the market. Automotive suspension manufacturers are often using alternative materials for developing linkages for reducing overall weight, resisting wear, and improving motion. Vendors are also researching the effects and performance of carbon fiber-reinforced suspension knuckles for enhancing the overall performance of the suspension systems. Consequently, the deployment of carbon fibers in these systems is likely to boost the commercial vehicle suspension system market growth in the forthcoming years.
Top commercial vehicle suspension system companies covered in this market research report
The commercial vehicle suspension system market is moderately fragmented with companies focusing on developing modern systems for catering to the evolving end-user requirements. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this commercial vehicle suspension system industry analysis report is designed to aid clients to identify new growth opportunities and build innovative strategies for strengthening their position in the market.
The report offers a complete analysis of various companies including:
- Continental
- Hendrickson USA
- Tenneco
- thyssenkrupp
- WABCO
- ZF Friedrichshafen
Commercial vehicle suspension system market segmentation based on geographic regions
The Americas will account for the largest commercial vehicle suspension system market share throughout the forecast period. The increasing preference for pickup truck vehicles, especially within the US, will drive the demand for commercial vehicle suspension system in the Americas.
Commercial vehicle suspension system market segmentation based on application
The LCVs segment will account for the highest commercial vehicle suspension system market growth as these are cheaper than HCVs and are highly applicable in stop-and-go traffic, light construction, and municipal applications. Additionally, the report will also provide an accurate prediction of the contribution of the various application segments to the growth of the commercial vehicle suspension system market size.
Key highlights of the global commercial vehicle suspension system market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the commercial vehicle suspension system market during the next five years
- Precise estimation of the global commercial vehicle suspension system market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the commercial vehicle suspension system industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of the commercial vehicle suspension system companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 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
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape