According to a new Fact.MR study, the air spring components market is witnessing 6.4% y-o-y CAGR in 2018 over 2017 . The study finds that burgeoning applications of trucks in the transportation industry are boosting installation of air spring components to improve vehicle safety and ride quality on uneven roads and long descents. This is mainly driving the growth of the air spring components market . Rapidly Increasing Commercial Vehicles Parc Triggers Demand for Air Springs Components Recent improvements in the world economy and developments in the road infrastructure has propelled the production and sales of commercial vehicles across the globe, which is one of the leading driving engines for the air springs components market. According to the International Organization of Motor Vehicle Manufacturers (OICA), the global sales of commercial vehicles reached peak during 2010-2017, as it increased from 19 million to reach around 26 million in 2017. Preference to Coil Spri...