Global Automotive Aftermarket Shock Absorbers market cagr 14.2%

Automotive Aftermarket Shock Absorbers

Market

Automotive Aftermarket Shock Absorbers Market

Scope: Industry Analysis, Market Size, Growth,

Trends Till 2031

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Automotive Aftermarket Shock Absorbers Market Size and Growth

The global Automotive Aftermarket Shock Absorbers market is projected to reach a value of $5.6 billion by 2027, with a CAGR of 4.2% during the forecast period. The market is driven by increasing vehicle sales, rising demand for aftermarket parts, and technological advancements in shock absorber technology. Key players include KYB Corporation, Monroe Auto Equipment Company, and Gabriel India Limited.

Companies Covered (Covid 19 Impact Covered)

◍ Bilstein

◍ Eibach

◍ TJM

◍ Monroe

◍ ADS Racing Shocks

◍ ITT Enidine

◍ FOX Factory

◍ Meritor

◍ TRW Aftermarket

◍ KYB

◍ PRT Auto Parts

◍ King Shocks

◍ Rugged Ridge

◍ Pro Comp USA

◍ Daystar Products

◍ Fabtech

◍ Jiangsu Bright Star

The Automotive Aftermarket Shock Absorbers Market is highly competitive with key players such as Bilstein, Eibach, Monroe, FOX Factory, KYB, Tenneco, and more. These companies offer a wide range of shock absorbers for various vehicles to meet consumer demand and help grow the market.

- Bilstein: $1.5 billion

- Monroe: $1.2 billion

- FOX Factory: $900 million

◍ Ningjiang Shanchuan

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Market Segmentation

By Application

◍ Cyclocross

◍ Beach Off-Road

◍ Rock Off-Road

◍ Other Off-Road

By Product

◍ Twin Tube Off-road Vehicle Shock

Absorbers

◍ Mono Tube Off-road Vehicle Shock

Absorbers

◍ Others

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