Automotive Shock Absorbers

Global Market Trajectory & Analytics

MCP-2711

EXECUTIVE ENGAGEMENTS

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DATE

APR 2021

TABLES

300

391

EDITION

18

PRICE

USD $5450

HIGHLIGHTS

Amid the COVID-19 crisis, the global market for Automotive Shock Absorbers estimated at US$61.3 Billion in the year 2020, is projected to reach a revised size of US$71.9 Billion by 2027, growing at aCAGR of 2.3% over the period 2020-2027. Hydraulic, one of the segments analyzed in the report, is projected to record 2% CAGR and reach US$43.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Gas-Filled segment is readjusted to a revised 2.8% CAGR for the next 7-year period.

The Automotive Shock Absorbers market in the U.S. is estimated at US$16.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.1 Billion by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1% CAGR.

SELECT PLAYERS

ACDelco; Arnott Industries; Duro Shox Pvt., Ltd.; Gabriel India Ltd.; Hitachi Automotive Systems Ltd.; ITT Corporation; KYB Corporation; Marelli (Magneti Marelli CK Holdings Co., Ltd.); Meritor, Inc.; Samvardhana Motherson Group; Showa Corporation; Tenneco, Inc.; ThyssenKrupp AG; ZF Friedrichshafen AG; Zhejiang Sensen Auto Parts Co., Ltd.

SEGMENTS

» Product Type (Hydraulic, and Gas-Filled) » Design (Twin Tube, and Mono-Tube) » Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles, and Two Wheelers)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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