Global Automotive Shock Absorber and Struts Market: is expected to grow at a CAGR of 3.5% throughout the forecast period, to reach US$ 70.33 Bn. by 2027.

Global Automotive Shock Absorber and Struts Market Overview:

Struts and automotive shock absorbers are used to relax drivers and passengers. Automotive Shock Absorber and Struts Market The shock absorber lessens bouncing by absorbing shock.

It is composed of a piston arrangement and an assembly that contains oil. A spring and a shock absorber are employed in the strut's casing. The struts maintain contact between the road and the wheel, sustain the weight of the vehicle, and lessen road vibration.

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Market Scope:

Product Types: The market includes various types of shock absorbers and struts designed for different vehicle applications, including passenger cars, light commercial vehicles, heavy commercial vehicles, and off-road vehicles. The product range includes hydraulic shock absorbers, gas-filled shock absorbers, air suspension struts, and electronically controlled suspension systems.

Vehicle Types: The market serves the automotive industry, catering to both original equipment manufacturers (OEMs) and the aftermarket. OEMs include major automobile manufacturers that incorporate shock absorbers and struts into their vehicles during production. The aftermarket consists of replacement parts and components that are sold and installed by independent retailers or service centers.



Segmentation:

By Architecture
• Four-wheeler suspension

o MacPherson strut

o Double wishbone

o Rigid axle

o Multi-link

o Twist beam

o Others

• Two-wheeler suspension

By Type
• Four-wheeler suspension

o Dependent o Independent

o Semi-independent

• Two-wheeler suspension

o Front telescopic suspension

o Other front suspension

o Rear dual shock suspension

o Rear monoshock suspension

By Technology
• Conventional

• Advanced

By Distribution
• OEM

• Aftermarket

By Vehicle Type
• Passenger Vehicle

• Light Commercial Vehicle

• Heavy commercial vehicles

• Two Wheeler

• Other vehicle Type

The report also helps in understanding Global Automotive Shock Absorber and Struts Market dynamics, structure by analyzing the market segments and project Global Automotive Shock Absorber and Struts Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Automotive Shock Absorber and Struts Market the report investor’s guide.

Global Automotive Shock Absorber and Struts Market: Research Methodology


Global Automotive Shock Absorber and Struts Market: Executive Summary
Market Overview and Definitions
Introduction to Global Automotive Shock Absorber and Struts Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry


Global Automotive Shock Absorber and Struts Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact


Global Automotive Shock Absorber and Struts Market Segmentation
Global Automotive Shock Absorber and Struts Market,by Architecture (2021-2029)
Global Automotive Shock Absorber and Struts Market, by type (2021-2029)
Global Automotive Shock Absorber and Struts Market, by Technology (2021-2029)
Global Automotive Shock Absorber and Struts Market, by Distribution (2021-2029)
Global Automotive Shock Absorber and Struts Market, by Vehicle type (2021-2029)


Global Automotive Shock Absorber and Struts Market(2021-2029)
Global Automotive Shock Absorber and Struts Market, by Architecture (2021-2029)
Global Automotive Shock Absorber and Struts Market, by type (2021-2029)
Global Automotive Shock Absorber and Struts Market, by Technology (2021-2029)
Global Automotive Shock Absorber and Struts Market, by Distribution (2021-2029)
Global Automotive Shock Absorber and Struts Market, by Vehicle type (2021-2029)
Global Automotive Shock Absorber and Struts Market, by Country (2021-2029)


Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Players:

• Brinn Inc.

• BWI Group

• Continental AG

• Datsons Engineering Works Pvt. Ltd.

• DMA Sales, Inc.

• Duroshox

• Endurance Technologies Limited

• FCS Auto

• Halla Holdings Corp.

• Hitachi Automotive Systems, Ltd.

• Kobe Suspensions

• KYB, LEACREE Company

• Magneti Marelli S.p.A.

• QBAutomotive, Ride Control, LLC

• Robert Bosch GmbH

• Samavardhana Motherson Group

• Tenneco Inc.

• ZF Friedrichshafen AG

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Regional Analysis:

Growing manufacturing of vehicles, increasing demand for passenger vehicle and presence of key players in the region is driving the market growth at a CAGR of xx% during the forecast period. The key players in the region hold a major share of the Automotive Shock Absorber and Struts market. The growth of the automotive sector and transportation activity as well as government spending driving the Automotive Shock Absorber and Struts market in APAC. Followed by Europe and North America, growth in competition level in Light Commercial Vehicle and Passenger Vehicle sector driving the market. The MEA is an emerging market for automotive shock absorber and struts and is expected to grow its market share in the forecast period.

• Asia Pacific

• North America

• Europe

• South America

• Middle East & Africa

COVID-19 Impact Analysis on Global Automotive Shock Absorber and Struts Market: The COVID-19 pandemic had a significant impact on various industries, including the automotive sector. The automotive shock absorber and struts market also experienced disruptions due to the pandemic.

Production and Supply Chain Disruptions

Decline in Vehicle Sales

Slowdown in Aftermarket Demand

Disrupted International Trade

Shift in Consumer Preferences

Key Questions Answered in the Global Automotive Shock Absorber and Struts Market Report are:

What is the current size and projected growth rate of the global automotive shock absorber and struts market?
What are the major factors driving the demand for automotive shock absorbers and struts?
What are the key trends and developments in the market?
What are the different types of shock absorbers and struts available in the market?
Which vehicle types (passenger cars, commercial vehicles, etc.) are the major consumers of shock absorbers and struts?
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