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Monday Apr 27, 2015
Monday Apr 27, 2015
The automotive suspension systems market is expected to witness substantial growth over the forecast period due to increased automotive sales, particularly in developing regions. The automotive industry is poised for growth owing to changing buying behavior, increasing urbanization and technological proliferation. Automotive suspension systems are constantly evolving, thereby enabling improving performance enabling enhanced road holding capacity of the vehicle.
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Surging demand for performance along with comfort in vehicles is also expected to favorably impact the automotive suspensions systems market growth over the next few years. Increasing use of active suspensions systems against passive systems owing to their improved performance and efficiency may also foster market growth. Presently, these systems are widely used across LCS, HCV and passenger cars. Stringent regulations pertaining to fuel economy and emission standards are also expected to fuel automotive suspension systems market growth over the next few years.
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