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Automotive Shocks And Struts-Global Market Insights and Sales Trends 2024
Synopsis
Shock absorbers or shock dampers are hydraulic or mechanical devices that are designed to absorb or damp shock impulses generated by a vehicle. This is done by transforming one form of energy to the other (typically kinetic energy of the shock into heat energy) which is then dissipated. A majority of shock absorbers are in the form of a dashpot. Struts are structural components, which are designed to resist the longitudinal compression by vehicles. Struts generally offer outwards-facing sustenance in their lengthways direction, which may be used to keep other components separate, executing the opposite job of a tie. The main difference between struts and shocks is that a strut is predominantly a structural part of a vehicle suspension system whereas a shock is not.
The global Automotive Shocks And Struts market size is expected to reach US$ 495.1 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Shocks And Struts in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehivle, are propelling Automotive Shocks And Struts market. Shocks, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Struts segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Shocks And Struts, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Shocks And Struts market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Shocks And Struts market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Shocks And Struts sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Shocks And Struts covered in this report include GKN, Tenneco, ZF, KYB, Magneti Marelli, Bilstein, Monroe, Fox and KONI, etc.
The global Automotive Shocks And Struts market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GKN
Tenneco
ZF
KYB
Magneti Marelli
Bilstein
Monroe
Fox
KONI
Global Automotive Shocks And Struts market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Shocks And Struts market, Segment by Type:
Shocks
Struts
Global Automotive Shocks And Struts market, by Application
Passenger Vehicle
Commercial Vehivle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Shocks And Struts manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Shocks And Struts in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Shock absorbers or shock dampers are hydraulic or mechanical devices that are designed to absorb or damp shock impulses generated by a vehicle. This is done by transforming one form of energy to the other (typically kinetic energy of the shock into heat energy) which is then dissipated. A majority of shock absorbers are in the form of a dashpot. Struts are structural components, which are designed to resist the longitudinal compression by vehicles. Struts generally offer outwards-facing sustenance in their lengthways direction, which may be used to keep other components separate, executing the opposite job of a tie. The main difference between struts and shocks is that a strut is predominantly a structural part of a vehicle suspension system whereas a shock is not.
The global Automotive Shocks And Struts market size is expected to reach US$ 495.1 million by 2029, growing at a CAGR of 4.4% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Shocks And Struts in various end use industries. The expanding demands from the Passenger Vehicle and Commercial Vehivle, are propelling Automotive Shocks And Struts market. Shocks, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Struts segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Shocks And Struts, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Shocks And Struts market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Shocks And Struts market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Shocks And Struts sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Shocks And Struts covered in this report include GKN, Tenneco, ZF, KYB, Magneti Marelli, Bilstein, Monroe, Fox and KONI, etc.
The global Automotive Shocks And Struts market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GKN
Tenneco
ZF
KYB
Magneti Marelli
Bilstein
Monroe
Fox
KONI
Global Automotive Shocks And Struts market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Shocks And Struts market, Segment by Type:
Shocks
Struts
Global Automotive Shocks And Struts market, by Application
Passenger Vehicle
Commercial Vehivle
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Shocks And Struts manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Shocks And Struts in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Shocks And Struts Market Overview
1.1 Automotive Shocks And Struts Product Overview
1.2 Automotive Shocks And Struts Market Segment by Type
1.2.1 Shocks
1.2.2 Struts
1.3 Global Automotive Shocks And Struts Market Size by Type
1.3.1 Global Automotive Shocks And Struts Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Shocks And Struts Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Shocks And Struts Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Shocks And Struts Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Shocks And Struts Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Shocks And Struts Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Shocks And Struts Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Shocks And Struts Sales Breakdown by Type (2018-2023)
2 Global Automotive Shocks And Struts Market Competition by Company
2.1 Global Top Players by Automotive Shocks And Struts Sales (2018-2023)
2.2 Global Top Players by Automotive Shocks And Struts Revenue (2018-2023)
2.3 Global Top Players by Automotive Shocks And Struts Price (2018-2023)
2.4 Global Top Manufacturers Automotive Shocks And Struts Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Shocks And Struts Market Competitive Situation and Trends
2.5.1 Automotive Shocks And Struts Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Shocks And Struts Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Shocks And Struts as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Shocks And Struts Market
2.8 Key Manufacturers Automotive Shocks And Struts Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Shocks And Struts Status and Outlook by Region
3.1 Global Automotive Shocks And Struts Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Shocks And Struts Historic Market Size by Region
3.2.1 Global Automotive Shocks And Struts Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Shocks And Struts Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Shocks And Struts Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Shocks And Struts Forecasted Market Size by Region
3.3.1 Global Automotive Shocks And Struts Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Shocks And Struts Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Shocks And Struts Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Shocks And Struts by Application
4.1 Automotive Shocks And Struts Market Segment by Application
4.1.1 Passenger Vehicle
4.1.2 Commercial Vehivle
4.2 Global Automotive Shocks And Struts Market Size by Application
4.2.1 Global Automotive Shocks And Struts Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Shocks And Struts Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Shocks And Struts Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Shocks And Struts Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Shocks And Struts Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Shocks And Struts Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Shocks And Struts Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Shocks And Struts Sales Breakdown by Application (2018-2023)
5 North America Automotive Shocks And Struts by Country
5.1 North America Automotive Shocks And Struts Historic Market Size by Country
5.1.1 North America Automotive Shocks And Struts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Shocks And Struts Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Shocks And Struts Sales in Value by Country (2018-2023)
5.2 North America Automotive Shocks And Struts Forecasted Market Size by Country
5.2.1 North America Automotive Shocks And Struts Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Shocks And Struts Sales in Value by Country (2024-2029)
6 Europe Automotive Shocks And Struts by Country
6.1 Europe Automotive Shocks And Struts Historic Market Size by Country
6.1.1 Europe Automotive Shocks And Struts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Shocks And Struts Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Shocks And Struts Sales in Value by Country (2018-2023)
6.2 Europe Automotive Shocks And Struts Forecasted Market Size by Country
6.2.1 Europe Automotive Shocks And Struts Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Shocks And Struts Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Shocks And Struts by Region
7.1 Asia-Pacific Automotive Shocks And Struts Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Shocks And Struts Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Shocks And Struts Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Shocks And Struts Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Shocks And Struts Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Shocks And Struts Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Shocks And Struts Sales in Value by Region (2024-2029)
8 Latin America Automotive Shocks And Struts by Country
8.1 Latin America Automotive Shocks And Struts Historic Market Size by Country
8.1.1 Latin America Automotive Shocks And Struts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Shocks And Struts Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Shocks And Struts Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Shocks And Struts Forecasted Market Size by Country
8.2.1 Latin America Automotive Shocks And Struts Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Shocks And Struts Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Shocks And Struts by Country
9.1 Middle East and Africa Automotive Shocks And Struts Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Shocks And Struts Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Shocks And Struts Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Shocks And Struts Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Shocks And Struts Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Shocks And Struts Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Shocks And Struts Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GKN
10.1.1 GKN Company Information
10.1.2 GKN Introduction and Business Overview
10.1.3 GKN Automotive Shocks And Struts Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GKN Automotive Shocks And Struts Products Offered
10.1.5 GKN Recent Development
10.2 Tenneco
10.2.1 Tenneco Company Information
10.2.2 Tenneco Introduction and Business Overview
10.2.3 Tenneco Automotive Shocks And Struts Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Tenneco Automotive Shocks And Struts Products Offered
10.2.5 Tenneco Recent Development
10.3 ZF
10.3.1 ZF Company Information
10.3.2 ZF Introduction and Business Overview
10.3.3 ZF Automotive Shocks And Struts Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ZF Automotive Shocks And Struts Products Offered
10.3.5 ZF Recent Development
10.4 KYB
10.4.1 KYB Company Information
10.4.2 KYB Introduction and Business Overview
10.4.3 KYB Automotive Shocks And Struts Sales, Revenue and Gross Margin (2018-2023)
10.4.4 KYB Automotive Shocks And Struts Products Offered
10.4.5 KYB Recent Development
10.5 Magneti Marelli
10.5.1 Magneti Marelli Company Information
10.5.2 Magneti Marelli Introduction and Business Overview
10.5.3 Magneti Marelli Automotive Shocks And Struts Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Magneti Marelli Automotive Shocks And Struts Products Offered
10.5.5 Magneti Marelli Recent Development
10.6 Bilstein
10.6.1 Bilstein Company Information
10.6.2 Bilstein Introduction and Business Overview
10.6.3 Bilstein Automotive Shocks And Struts Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Bilstein Automotive Shocks And Struts Products Offered
10.6.5 Bilstein Recent Development
10.7 Monroe
10.7.1 Monroe Company Information
10.7.2 Monroe Introduction and Business Overview
10.7.3 Monroe Automotive Shocks And Struts Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Monroe Automotive Shocks And Struts Products Offered
10.7.5 Monroe Recent Development
10.8 Fox
10.8.1 Fox Company Information
10.8.2 Fox Introduction and Business Overview
10.8.3 Fox Automotive Shocks And Struts Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Fox Automotive Shocks And Struts Products Offered
10.8.5 Fox Recent Development
10.9 KONI
10.9.1 KONI Company Information
10.9.2 KONI Introduction and Business Overview
10.9.3 KONI Automotive Shocks And Struts Sales, Revenue and Gross Margin (2018-2023)
10.9.4 KONI Automotive Shocks And Struts Products Offered
10.9.5 KONI Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Shocks And Struts Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Shocks And Struts Industrial Chain Analysis
11.4 Automotive Shocks And Struts Market Dynamics
11.4.1 Automotive Shocks And Struts Industry Trends
11.4.2 Automotive Shocks And Struts Market Drivers
11.4.3 Automotive Shocks And Struts Market Challenges
11.4.4 Automotive Shocks And Struts Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Shocks And Struts Distributors
12.3 Automotive Shocks And Struts Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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