Global Heavy-duty Truck Suspension System Market 2020-2024 The analyst has been monitoring the heavy-duty truck suspension system market and it is poised to grow by 120. 02 thousand units during 2020-2024, decelerating at a CAGR of 1% during the forecast period.
New York, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Heavy-duty Truck Suspension System Market 2020-2024" - https://www.reportlinker.com/p05666323/?utm_source=GNW
Our reports on heavy-duty truck suspension system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing sales of heavy-duty trucks, rising need for smooth freight transportation and increasing demand for lightweight and durable suspension systems. In addition, growing sales of heavy-duty trucks is anticipated to boost the growth of the market as well.
The heavy-duty truck suspension system market analysis includes the weight rating segment and geographical landscapes.
The heavy-duty truck suspension system market is segmented as below:
By Weight Rating
• Class 8
• Class 7
By Geographical Landscape
• North America
• South America
This study identifies the development of standards for non-metallic air suspension system tubing with one or more layers as one of the prime reasons driving the heavy-duty truck suspension system market growth during the next few years. Also, liftable forward tandem axle and multi-linkage suspension system in heavy vehicles will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our heavy-duty truck suspension system market covers the following areas:
• Heavy-duty truck suspension system market sizing
• Heavy-duty truck suspension system market forecast
• Heavy-duty truck suspension system market industry analysis
Read the full report: https://www.reportlinker.com/p05666323/?utm_source=GNW
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