Dynamic Truck And Trailer Suspension Market

Dynamic Truck and Trailer Suspension Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2028

Dynamic Truck Suspension: Market Introduction

Dynamic Truck and Trailer Suspension systems is basically advanced version of hydro-pneumatic suspension employed on trucks and trailer units. Dynamic Truck and Trailer Suspension systems are also generally known as DTS. The dynamic truck and trailer suspension system has replaced stabiliser rods, shock absorbers, air springs as well as spring assembly which were earlier installed as separate entities. In this suspension system the weight of the entire vehicle is bear by hydraulic cylinders and the suspension is provided by accumulator and the damping is provided by integrated shock absorber valve this result in an active dynamically responsive truck and trailer suspension systems. It can be connected in one or multiple rigid as well as steered axle. Also, Dynamic Truck and Trailer Suspension systems provide a uniform load distribution on all the wheels whether the vehicle is empty, partially loaded or fully loaded which also improve stability of the vehicle in uneven tracks and provide optimal comfort. Its characteristics also includes automatic adjustment of the system according to the ambient temperature. Dynamic Truck and Trailer Suspension systems is also used for changing height for the accurate positioning of the loading platform. The operation of dynamic truck and trailer suspension systems can remotely be controlled the truck without even getting out of the cabin through User interface display or with the help of PC application which ever best suited. Also, it provide ultimate driving comfort and an ideal system for the vehicle with high centre of gravity.

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Dynamic Truck Suspension: Market Dynamics

The main factor which attributes towards the growth of the dynamic truck and trailer suspension systems market is the rising awareness among the general population related to better technology. Also, rising production and expansion of its end-use industry and research and development which are carried out on design, material and mechanism of this systems to make it more effective and efficient suspension system has significantly boost its demand in the OEM market. OEM capture a major section of the dynamic truck and trailer suspension systems market due to system’s better compatibility with the vehicle. Hence, establishing a healthy growth of the dynamic truck and trailer suspension systems market in the future. Also, Growth in the sales of trucks and trailers is a key driving factor associated with the dynamic truck and trailer suspension systems market.

However, the high cost of these products in the market and scarcity of skilled labour to connect this system can be a restraining factor to the growth of the global dynamic truck and trailer suspension systems market, where the growing trend for repair rather than replacing due to its high cost is expected to be a key restraining factor in the aftermarket.

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Dynamic Truck Suspension Market: Market Segmentation

basis of type of trailer
  • Flatbed
  • Lowboy
  • Dry van
  • Refrigerated
  • Tankers
  • Others
Based on the sales channel
  • Aftermarket
  • Original Equipment Manufacturer (OEM)

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Dynamic Truck Suspension Market: Regional Outlook

Europe dominates the global dynamic truck and trailer suspension systems market owing to presence of major OEM manufacturer in this region. Europe is followed by North America in terms of consumption owing extensive applications due to growing concern of general population towards the vehicle safety and latest technology. However, Asia is expected to show significant growth in the forecast period owing to manufacturing hub in China and Japan. Moreover, initiatives taken by the government in the countries such as India to promote manufacturing will also boost the dynamic truck and trailer suspension systems market over the forecast period. Rest of the world is estimated to account for a relatively small share of the Dynamic Truck Suspension market.

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Dynamic Truck Suspension Market: Market Participants

Examples of some of the market participants operating across the value chain of the global Dynamic Truck Suspension market are:

  • S.E. Vehicle Systems Engineering B.V.
  • Simard Suspensions
  • JOST-Werke Deutschland GmbH
  • IMS Limited
  • BPW Limited
  • GOLDHOFER Aktiengesellschaft
  • ZF Friedrichshafen AG
  • Reyco Granning

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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