Global Market Study on Automotive Shock Absorbers: Increasing Vehicle Production and Parc to Aid Demand Growth Over Coming Years

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G L O B A L
A U T O M O T I V E SH O C K A B SO R B E R M A
R K E T
WWW.PERSISTENCEMARKETRESEARCH.COM
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Global Automotive Shock Absorber Market Outlook
2032
The Shock Absorber Market revenue totaled US
14,207.0 million for 2022. The demand for Shock
Absorber will accelerate with presence of several
manufactures across the globe with leading
players holding a prominent share in the global
Shock Absorber market in 2022. The overall Shock
Absorber industry is expected to reach US
24,806.5 million by 2032, growing at a CAGR of
5.2 from 2023 to 2033.
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MARKET SEGMENTATION
Hydraulic Type Gas-filled Type
North America Latin America Europe East Asia
South Asia Oceania Middle East Africa (MEA)
OEMs Aftermarket
PRODUCT TYPE
REGION
SALES CHANNEL
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KEY PLAYERS
KYB Corporation ZF Friedrichshafen AG Tenneco
Inc. Hitachi Group ThyssenKrupp AG SHOWA
Corporation Samvardhana Motherson Automotive
Group BMW Group ITT Corporation Gabriel India
Limited

• Meritor, Inc. Endurance Complete Solutions
• BWI Group
• Magneti Marelli S.p.A. Duro Shox Pvt Ltd.
• Arnott Inc. ACDelco, Inc.
• Zhejiang Sensen Auto
• Parts Co., Ltd

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