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    Automotive Shocks Struts Market

    ID: 38351
    128 Pages
    Research Team
    07/2025

    Automotive Shocks and Struts Market Research Report By Type (MacPherson Strut, Double Wishbone, Multi-Link, Torsion Beam), By Application (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), By Material (Steel, Aluminum, Composite Materials), By End Use (Original Equipment Manufacturer, Aftermarket) and By Regional (North America, Europe, South America, Asia Pacific, Mid...

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    Market Summary

    Global Automotive Shocks and Struts Market Overview:

    As per MRFR analysis, the Automotive Shocks And Struts Market Size was estimated at 31.97 (USD Billion) in 2024. The Automotive Shocks And Struts Market Industry is expected to grow from 32.78 (USD Billion) in 2025 to 41.09 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 2.54% during the forecast period (2025 - 2034).

    Key Automotive Shocks and Struts Market Trends Highlighted

    The Automotive Shocks and Struts Market is driven by a combination of factors, including the increasing demand for vehicle comfort and safety. As consumers prioritize advanced driver assistance systems and smooth ride experiences, manufacturers are focusing on innovations that enhance performance. The rapid growth of the automotive sector, particularly in emerging markets, further supports the demand for high-quality shocks and struts. Additionally, the shift towards electric vehicles brings about a need for adaptable suspension systems that can cater to varied driving conditions, thereby creating new opportunities in the market. There are numerous opportunities to be explored in the Automotive Shocks and Struts Market.

    The integration of smart technology in suspension systems, like adaptive dampers, presents a chance for companies to differentiate themselves. There's a growing trend towards lightweight materials, which can improve fuel efficiency without compromising performance. As environmental concerns rise, developers are increasingly looking to reduce the carbon footprint associated with production and operation. This focus on sustainability not only aligns with environmental standards but also appeals to eco-conscious consumers, allowing companies to improve their market position. Recent trends in the industry reflect a significant shift towards electrification and automation.

    With the rise of electric vehicles, there is an increasing demand for specialized suspension solutions that address their unique weight distribution and handling characteristics. Consumers are also becoming more aware of aftermarket customization options, which allow them to enhance their vehicle’s performance and aesthetics. The ongoing advancements in technology, particularly in smart and connected vehicle systems, indicate a future where shocks and struts are not just passive components but integral parts of overall vehicle performance and safety. These developments underscore the importance of adapting to changing consumer preferences while embracing innovation to maintain competitiveness in the marketplace.

    Automotive Shocks And Struts Market Overview 2025-2034

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Automotive Shocks and Struts Market Drivers

    Rising Demand for Vehicle Comfort and Safety

    The Automotive Shocks and Struts Market Industry is witnessing a significant increase in demand for vehicle comfort and safety features. In light of their growing sophistication, when looking for vehicles, consumers will not only look for that robust power but also a silky and smooth ride. Advanced shocks and struts are very crucial components that enable vehicles to provide the highly desired comfort and stability while also ensuring excellent handling in many different terrains. Due to the increasing level of awareness of the dangers of having poorly maintained suspension systems, many car manufacturers are now in the race to improve their suspension systems.

    This has resulted in developments and refinements in the design and technology of shocks and struts that aid the achievement of desired performance and safety levels per the consumers’ requirements. Driving comfort and control have almost become entirely an issue for manufacturers that have been compelled to spend more and more resources on quality production of automotive shocks and struts, further fueling the growth of the Automotive Shocks and Struts Market Industry. In addition, policy measures to maintain prescribed standards of vehicle safety have reasonably fostered the uptake of sophisticated suspension systems.

    As technology helps the cars achieve more on the technological front, they will also need high-performance shocks and struts, which means more opportunities for the players in the market.

    Increasing Automotive Production

    The pace of automotive production is steadily increasing across the globe, a key driver for the Automotive Shocks and Struts Market Industry. With the rise of electric and hybrid vehicles, manufacturers are re-evaluating their suspension systems to cater to new performance standards and consumer preferences. The uptick in automotive production creates a higher demand for components, including shocks and struts, which are critical for vehicle functionality.As both established and new industry players ramp up production to meet consumer needs, the market for automotive shocks and struts is poised for growth. This trend is supported by advancements in manufacturing technologies, improving efficiency and capacity, further fueling market expansion.

    Technological Advancements in Suspension Systems

    Innovation is a driving force behind the growth of the Automotive Shocks and Struts Market Industry. As technology continues to advance, manufacturers are developing sophisticated suspension systems that offer enhanced performance, reduced weight, and improved durability. The introduction of technologies such as adaptive shocks, electronic dampers, and integrated suspension systems is transforming the automotive landscape. These advancements not only contribute to enhanced driving experience but also promote fuel efficiency and lower emissions.As consumers gravitate towards vehicles that integrate cutting-edge technologies, the demand for modern shocks and struts is expected to rise, significantly impacting market growth.

    Automotive Shocks and Struts Market Segment Insights:

    Automotive Shocks and Struts Market Type Insights

    The Automotive Shocks and Struts Market has displayed considerable growth, driven by varying types of suspension systems that play a pivotal role in vehicle performance and passenger comfort. Among these, the MacPherson Strut stands out significantly with a valuation of 10.4 USD Billion in 2023, and its market position is projected to enhance to 14.0 USD Billion by 2032. This system's design is widely adopted due to its simplicity and lightweight characteristics, making it an appealing option for both manufacturers and consumers in the automotive industry. The Double Wishbone system also marks its presence in the market, with valuations reaching 8.0 USD Billion in 2023, rising to 10.2 USD Billion in 2032. This type is known for its superior handling and stability, especially in performance-oriented vehicles, thus proving vital in the evolution of various car designs.

    The Multi-Link segment is valued at 5.2 USD Billion in 2023, with expectations for growth to 8.0 USD Billion by 2032. This type is increasingly favored in high-end models due to its sophisticated design, which allows for better tire contact and ride quality, thereby enhancing the overall driving experience. Meanwhile, the Torsion Beam type, while valued at 6.8 USD Billion in 2023, shows a decline to 5.9 USD Billion in 2032, indicating a shift in market preference towards more advanced suspension types as manufacturers strive for improved handling and comfort over cost-efficiency. The dynamics within the Automotive Shocks and Struts Market segmentation reveal that while several types compete, the MacPherson Strut still holds the majority portion due to its versatility and cost-effectiveness in mass-market vehicles, while the Double Wishbone and Multi-Link options fulfill specific needs within higher-end markets and performance vehicles. Overall, the market statistics illustrate varied consumer demands and highlight opportunities for further innovations and advancements in different types of shock and strut systems to cater to evolving automotive trends.

    Automotive Shocks and Struts Market Type Insights

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Automotive Shocks and Struts Market Application Insights 

    The Automotive Shocks and Struts Market, valued at 30.4 USD billion in 2023, is primarily driven by diverse applications across several vehicle categories. Among these, Passenger Vehicles significantly dominate the market due to a large consumer base and the increasing demand for comfort and safety features in personal transportation. Light Commercial Vehicles also contribute notably to the market, with growing e-commerce and last-mile delivery services boosting demand for efficient suspension systems. Heavy Commercial Vehicles represent another critical area, as advancements in logistics and freight services necessitate robust shock absorbers and struts to enhance load management and driving stability.The Automotive Shocks and Struts Market is influenced by trends such as the rising focus on vehicle comfort and technological developments in suspension systems, driving growth across these applications. However, challenges such as fluctuating raw material prices can impact the market dynamics. The opportunities lie in the increasing adoption of electric and hybrid vehicles, which require innovative shock and strut solutions to meet evolving consumer preferences and regulatory standards. Overall, the Automotive Shocks and Struts Market data reflects a positive outlook with significant growth potential in each application segment.

    Automotive Shocks and Struts Market Material Insights

    In 2023, the Automotive Shocks and Struts Market was valued at 30.4 USD billion, reflecting a robust demand driven by advancements in vehicle performance and safety. The segmentation of this market based on material includes Steel, Aluminum, and Composite Materials, each playing a vital role in overall market dynamics. Steel remains a dominant choice due to its strength and durability, appealing to heavy-duty applications where longevity is crucial. Aluminum, on the other hand, is favored for its lightweight properties, contributing to improved fuel efficiency and handling.Composite Materials are gaining traction, attributed to their potential for reduced weight and enhanced performance characteristics. The market is witnessing trends driven by innovation in materials technology, a growing emphasis on eco-friendliness, and a shift towards lightweight in automotive design. Factors such as increasing vehicle production and the rising demand for enhanced vehicle safety features continue to influence the market growth positively. However, challenges exist, such as fluctuating raw material prices and the need for advanced manufacturing processes.Overall, the segmentation showcases a diverse landscape in the Automotive Shocks and Struts Market revenue, indicating a strategic focus on materials that meet both performance and sustainability standards.

    Automotive Shocks and Struts Market End Use Insights

    The Automotive Shocks and Struts Market is expected to experience significant growth in the coming years, valued at 30.4 Billion USD in 2023. The End Use segmentation plays a crucial role in this market, primarily divided into Original Equipment Manufacturer and Aftermarket segments. The Original Equipment Manufacturer segment is vital as it ensures the initial quality and performance of vehicles, fostering consumer trust and satisfaction. Conversely, the Aftermarket segment is gaining traction due to increasing vehicle ownership and the need for replacement parts, thereby contributing to market growth.As road conditions fluctuate and demand for enhanced vehicle performance rises, both segments show distinct opportunities. This dynamic environment in the Automotive Shocks and Struts Market industry is supported by evolving consumer preferences and technological advancements that further augment demand. Market trends indicate a growing inclination towards performance-oriented products, ensuring that these segments continue to hold substantial value and influence in the overall market dynamics moving forward. The Automotive Shocks and Struts Market statistics substantiate these emerging trends and the ongoing evolution of the automotive landscape.

    Automotive Shocks and Struts Market Regional Insights   

    In 2023, the Automotive Shocks and Struts Market is valued at approximately 30.4 USD Billion, with North America taking a significant share at 10.5 USD Billion, which showcases its dominance in the industry. Following closely, Europe holds a valuation of 9.0 USD Billion, reflecting its strong automotive sector. Asia-Pacific (APAC) represents a notable 8.0 USD Billion, driven by the increasing production and consumption of automobiles. South America and the Middle East  Africa (MEA) contribute 1.5 USD Billion and 1.4 USD Billion, respectively, indicating a smaller yet growing presence in the market.North America remains the major region due to high vehicle ownership levels and investment in automotive technologies. Europe’s robust market is largely supported by stringent regulations and advanced automotive manufacturing processes. APAC shows significant promise with a thriving automotive market, while South America and MEA, although lesser in valuation, present opportunities for growth driven by rising demand for affordable vehicles and improvement in supply chains. Altogether, these dynamics indicate a diverse landscape within the Automotive Shocks and Struts Market with varied regional contributions.

    Automotive Shocks and Struts Market Regional Insights

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Automotive Shocks and Struts Market Key Players and Competitive Insights:

    The Automotive Shocks and Struts Market is characterized by intense competition among a multitude of players aiming to capture a significant share of this rapidly growing industry. This market is influenced by factors such as the increasing demand for superior vehicle performance, advancements in automotive technologies, and the rising focus on vehicle safety. As manufacturers continuously innovate to meet the changing preferences of consumers, the competitive landscape has become highly dynamic. Key players are adopting various strategies, including product diversification, strategic partnerships, and investments in research and development to gain a competitive edge. The push for sustainable practices and a shift toward electric vehicles are also altering the market dynamics, prompting companies to adapt their offerings accordingly.Gabriel, a notable player in the Automotive Shocks and Struts Market, has built a reputation for delivering high-quality, reliable products that enhance vehicle performance and comfort. The company is recognized for its extensive experience in the industry and a diverse product portfolio that caters to a wide range of vehicle types, from passenger cars to commercial vehicles. Gabriel's strength lies in its ability to combine advanced technology with innovative designs, enabling it to meet the evolving needs of consumers seeking improved handling and ride quality. The company's commitment to quality and performance is reflected in its robust distribution network, which ensures that its products are readily available to customers globally. Additionally, Gabriel's focus on customer service and engagement helps it maintain strong relationships with automotive manufacturers and end-users.Rancho has established itself as a key competitor in the Automotive Shocks and Struts Market by offering a range of durable and high-performance shock absorbers and struts. The brand is particularly well-known among off-road vehicle enthusiasts and those seeking enhanced suspension performance. Rancho distinguishes itself through its innovative products tailored for rough terrains, providing solutions that enhance both comfort and stability. Its strong emphasis on research and development has led to the introduction of advanced shock technology, appealing to a dedicated customer base looking for customization and superior ride experiences. With a solid reputation in the aftermarket segment, Rancho continues to leverage its expertise in suspension systems to expand its market presence and cater to diverse automotive needs. The company's strategic marketing and partnerships further bolster its position in a competitive landscape where performance and reliability are paramount.

    Key Companies in the Automotive Shocks and Struts Market Include:

      • Gabriel
      • Rancho
      • Sachs
      • Boge
      • FSD
      • Aston Martin
      • Bilstein
      • Magneti Marelli
      • KYB
      • Tenneco
      • Koni
      • Tokico
      • Arnott
      • Monroe

    Automotive Shocks and Struts Market Industry Developments

    The Automotive Shocks and Struts Market has recently experienced notable developments, driven by advancements in automotive technology and increasing consumer demand for enhanced vehicle performance and comfort. Companies like Gabriel, Rancho, and KYB are focusing on innovative solutions to improve shock absorber design, incorporating advanced materials and technology to enhance durability and performance. The market is witnessing the rise of electric vehicles, prompting brands such as Bilstein and Monroe to invest in specialized suspension systems catering to this new vehicle segment. Additionally, there has been a trend of consolidations within the industry, with Tenneco and Magneti Marelli actively pursuing strategic partnerships to bolster their market presence and product offerings. Recent reports indicate growth in market valuation for these companies, attributed to increasing automotive production and a shift towards sustainability. Notably, mergers and acquisitions among key players like Sachs and Arnott are aimed at expanding their technological capabilities and market reach, ensuring competitiveness in an evolving landscape. This dynamic environment is shaping the future of the automotive shocks and struts segment, reflecting a blend of innovation and strategic alignment among major industry players.

    Automotive Shocks and Struts Market Segmentation Insights

      • Automotive Shocks and Struts Market Type Outlook
        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • Automotive Shocks and Struts Market Application Outlook
        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • Automotive Shocks and Struts Market Material Outlook
        • Steel
        • Aluminum
        • Composite Materials
      • Automotive Shocks and Struts Market End Use Outlook
        • Original Equipment Manufacturer
        • Aftermarket
      • Automotive Shocks and Struts Market Regional Outlook
        • North America
        • Europe
        • South America
        • Asia Pacific
        • Middle East and Africa

    Market Size & Forecast

    Report Attribute/Metric Details

    Market Size 2024

     31.97 (USD Billion)

    Market Size 2025

     32.78 (USD Billion)

    Market Size 2034

     41.09 (USD Billion)

    Compound Annual Growth Rate (CAGR)

      2.54% (2025 - 2034)

    Report Coverage

    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

    Base Year

    2024

    Market Forecast Period

    2025 - 2034

    Historical Data

    2019 - 2023

    Market Forecast Units USD Billion
    Key Companies Profiled Gabriel, Rancho, Sachs, Boge, FSD, Aston Martin, Bilstein, Magneti Marelli, KYB, Tenneco, Koni, Tokico, Arnott, Monroe
    Segments Covered Type, Application, Material, End Use, Regional
    Key Market Opportunities Electric vehicle suspension systems, Advanced driver-assistance systems integration, Lightweight materials for performance, e-ccommerce for aftermarket parts, Expanding consumer awareness and preferences
    Key Market Dynamics Increasing vehicle production volume, Growing demand for comfort, Rising electric vehicle adoption, Demand for advanced suspension systems, Expanding aftermarket service industry
    Countries Covered North America, Europe, APAC, South America, MEA

    Major Players

    Automotive Shocks and Struts Market Market Segmentation

     

     

     

    • Automotive Shocks and Struts Market By Type (USD Billion, 2019-2032)

      • MacPherson Strut

      • Double Wishbone

      • Multi-Link

      • Torsion Beam

    • Automotive Shocks and Struts Market By Application (USD Billion, 2019-2032)

      • Passenger Vehicles

      • Light Commercial Vehicles

      • Heavy Commercial Vehicles

    • Automotive Shocks and Struts Market By Material (USD Billion, 2019-2032)

      • Steel

      • Aluminum

      • Composite Materials

    • Automotive Shocks and Struts Market By End Use (USD Billion, 2019-2032)

      • Original Equipment Manufacturer

      • Aftermarket

    • Automotive Shocks and Struts Market By Regional (USD Billion, 2019-2032)

      • North America

      • Europe

      • South America

      • Asia Pacific

      • Middle East and Africa

    Automotive Shocks and Struts Market Regional Outlook (USD Billion, 2019-2032)

     

    • North America Outlook (USD Billion, 2019-2032)

      • North America Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • North America Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • North America Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • North America Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • North America Automotive Shocks and Struts Market by Regional Type

        • US

        • Canada

      • US Outlook (USD Billion, 2019-2032)

      • US Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • US Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • US Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • US Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • CANADA Outlook (USD Billion, 2019-2032)

      • CANADA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • CANADA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • CANADA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • CANADA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

    • Europe Outlook (USD Billion, 2019-2032)

      • Europe Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • Europe Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • Europe Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • Europe Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • Europe Automotive Shocks and Struts Market by Regional Type

        • Germany

        • UK

        • France

        • Russia

        • Italy

        • Spain

        • Rest of Europe

      • GERMANY Outlook (USD Billion, 2019-2032)

      • GERMANY Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • GERMANY Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • GERMANY Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • GERMANY Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • UK Outlook (USD Billion, 2019-2032)

      • UK Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • UK Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • UK Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • UK Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • FRANCE Outlook (USD Billion, 2019-2032)

      • FRANCE Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • FRANCE Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • FRANCE Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • FRANCE Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • RUSSIA Outlook (USD Billion, 2019-2032)

      • RUSSIA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • RUSSIA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • RUSSIA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • RUSSIA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • ITALY Outlook (USD Billion, 2019-2032)

      • ITALY Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • ITALY Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • ITALY Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • ITALY Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • SPAIN Outlook (USD Billion, 2019-2032)

      • SPAIN Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • SPAIN Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • SPAIN Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • SPAIN Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • REST OF EUROPE Outlook (USD Billion, 2019-2032)

      • REST OF EUROPE Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • REST OF EUROPE Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • REST OF EUROPE Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • REST OF EUROPE Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

    • APAC Outlook (USD Billion, 2019-2032)

      • APAC Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • APAC Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • APAC Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • APAC Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • APAC Automotive Shocks and Struts Market by Regional Type

        • China

        • India

        • Japan

        • South Korea

        • Malaysia

        • Thailand

        • Indonesia

        • Rest of APAC

      • CHINA Outlook (USD Billion, 2019-2032)

      • CHINA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • CHINA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • CHINA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • CHINA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • INDIA Outlook (USD Billion, 2019-2032)

      • INDIA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • INDIA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • INDIA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • INDIA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • JAPAN Outlook (USD Billion, 2019-2032)

      • JAPAN Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • JAPAN Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • JAPAN Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • JAPAN Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • SOUTH KOREA Outlook (USD Billion, 2019-2032)

      • SOUTH KOREA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • SOUTH KOREA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • SOUTH KOREA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • SOUTH KOREA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • MALAYSIA Outlook (USD Billion, 2019-2032)

      • MALAYSIA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • MALAYSIA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • MALAYSIA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • MALAYSIA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • THAILAND Outlook (USD Billion, 2019-2032)

      • THAILAND Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • THAILAND Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • THAILAND Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • THAILAND Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • INDONESIA Outlook (USD Billion, 2019-2032)

      • INDONESIA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • INDONESIA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • INDONESIA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • INDONESIA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • REST OF APAC Outlook (USD Billion, 2019-2032)

      • REST OF APAC Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • REST OF APAC Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • REST OF APAC Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • REST OF APAC Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

    • South America Outlook (USD Billion, 2019-2032)

      • South America Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • South America Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • South America Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • South America Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • South America Automotive Shocks and Struts Market by Regional Type

        • Brazil

        • Mexico

        • Argentina

        • Rest of South America

      • BRAZIL Outlook (USD Billion, 2019-2032)

      • BRAZIL Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • BRAZIL Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • BRAZIL Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • BRAZIL Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • MEXICO Outlook (USD Billion, 2019-2032)

      • MEXICO Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • MEXICO Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • MEXICO Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • MEXICO Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • ARGENTINA Outlook (USD Billion, 2019-2032)

      • ARGENTINA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • ARGENTINA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • ARGENTINA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • ARGENTINA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2032)

      • REST OF SOUTH AMERICA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • REST OF SOUTH AMERICA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • REST OF SOUTH AMERICA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • REST OF SOUTH AMERICA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

    • MEA Outlook (USD Billion, 2019-2032)

      • MEA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • MEA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • MEA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • MEA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • MEA Automotive Shocks and Struts Market by Regional Type

        • GCC Countries

        • South Africa

        • Rest of MEA

      • GCC COUNTRIES Outlook (USD Billion, 2019-2032)

      • GCC COUNTRIES Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • GCC COUNTRIES Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • GCC COUNTRIES Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • GCC COUNTRIES Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • SOUTH AFRICA Outlook (USD Billion, 2019-2032)

      • SOUTH AFRICA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • SOUTH AFRICA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • SOUTH AFRICA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • SOUTH AFRICA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

      • REST OF MEA Outlook (USD Billion, 2019-2032)

      • REST OF MEA Automotive Shocks and Struts Market by Type

        • MacPherson Strut

        • Double Wishbone

        • Multi-Link

        • Torsion Beam

      • REST OF MEA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles

        • Light Commercial Vehicles

        • Heavy Commercial Vehicles

      • REST OF MEA Automotive Shocks and Struts Market by Material Type

        • Steel

        • Aluminum

        • Composite Materials

      • REST OF MEA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer

        • Aftermarket

    Market Trends

    Global Automotive Shocks and Struts Market Overview:

    As per MRFR analysis, the Automotive Shocks And Struts Market Size was estimated at 31.97 (USD Billion) in 2024. The Automotive Shocks And Struts Market Industry is expected to grow from 32.78 (USD Billion) in 2025 to 41.09 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 2.54% during the forecast period (2025 - 2034).

    Key Automotive Shocks and Struts Market Trends Highlighted

    The Automotive Shocks and Struts Market is driven by a combination of factors, including the increasing demand for vehicle comfort and safety. As consumers prioritize advanced driver assistance systems and smooth ride experiences, manufacturers are focusing on innovations that enhance performance. The rapid growth of the automotive sector, particularly in emerging markets, further supports the demand for high-quality shocks and struts. Additionally, the shift towards electric vehicles brings about a need for adaptable suspension systems that can cater to varied driving conditions, thereby creating new opportunities in the market. There are numerous opportunities to be explored in the Automotive Shocks and Struts Market.

    The integration of smart technology in suspension systems, like adaptive dampers, presents a chance for companies to differentiate themselves. There's a growing trend towards lightweight materials, which can improve fuel efficiency without co...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Automotive Shocks Struts Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Report Attribute/Metric Details

    Market Size 2024

     31.97 (USD Billion)

    Market Size 2025

     32.78 (USD Billion)

    Market Size 2034

     41.09 (USD Billion)

    Compound Annual Growth Rate (CAGR)

      2.54% (2025 - 2034)

    Report Coverage

    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

    Base Year

    2024

    Market Forecast Period

    2025 - 2034

    Historical Data

    2019 - 2023

    Market Forecast Units USD Billion
    Key Companies Profiled Gabriel, Rancho, Sachs, Boge, FSD, Aston Martin, Bilstein, Magneti Marelli, KYB, Tenneco, Koni, Tokico, Arnott, Monroe
    Segments Covered Type, Application, Material, End Use, Regional
    Key Market Opportunities Electric vehicle suspension systems, Advanced driver-assistance systems integration, Lightweight materials for performance, e-ccommerce for aftermarket parts, Expanding consumer awareness and preferences
    Key Market Dynamics Increasing vehicle production volume, Growing demand for comfort, Rising electric vehicle adoption, Demand for advanced suspension systems, Expanding aftermarket service industry
    Countries Covered North America, Europe, APAC, South America, MEA

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    Latest Comments

    John Doe
    john@example.com

    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
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    jane@domain.com

    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM

    FAQs

    1. (% SHARE)
    2. TO 2032 (USD Billions)

    Automotive Shocks and Struts Market Market Segmentation

     

     

     

    • Automotive Shocks and Struts Market By Type (USD Billion, 2019-2032)

      • MacPherson Strut
      • Double Wishbone
      • Multi-Link
      • Torsion Beam

    • Automotive Shocks and Struts Market By Application (USD Billion, 2019-2032)

      • Passenger Vehicles
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles

    • Automotive Shocks and Struts Market By Material (USD Billion, 2019-2032)

      • Steel
      • Aluminum
      • Composite Materials

    • Automotive Shocks and Struts Market By End Use (USD Billion, 2019-2032)

      • Original Equipment Manufacturer
      • Aftermarket

    • Automotive Shocks and Struts Market By Regional (USD Billion, 2019-2032)

      • North America
      • Europe
      • South America
      • Asia Pacific
      • Middle East and Africa

    Automotive Shocks and Struts Market Regional Outlook (USD Billion, 2019-2032)

     

    • North America Outlook (USD Billion, 2019-2032)

      • North America Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • North America Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • North America Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • North America Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • North America Automotive Shocks and Struts Market by Regional Type

        • US
        • Canada
      • US Outlook (USD Billion, 2019-2032)
      • US Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • US Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • US Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • US Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • CANADA Outlook (USD Billion, 2019-2032)
      • CANADA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • CANADA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • CANADA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • CANADA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
    • Europe Outlook (USD Billion, 2019-2032)

      • Europe Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • Europe Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • Europe Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • Europe Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • Europe Automotive Shocks and Struts Market by Regional Type

        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Spain
        • Rest of Europe
      • GERMANY Outlook (USD Billion, 2019-2032)
      • GERMANY Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • GERMANY Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • GERMANY Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • GERMANY Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • UK Outlook (USD Billion, 2019-2032)
      • UK Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • UK Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • UK Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • UK Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • FRANCE Outlook (USD Billion, 2019-2032)
      • FRANCE Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • FRANCE Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • FRANCE Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • FRANCE Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • RUSSIA Outlook (USD Billion, 2019-2032)
      • RUSSIA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • RUSSIA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • RUSSIA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • RUSSIA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • ITALY Outlook (USD Billion, 2019-2032)
      • ITALY Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • ITALY Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • ITALY Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • ITALY Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • SPAIN Outlook (USD Billion, 2019-2032)
      • SPAIN Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • SPAIN Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • SPAIN Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • SPAIN Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • REST OF EUROPE Outlook (USD Billion, 2019-2032)
      • REST OF EUROPE Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • REST OF EUROPE Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • REST OF EUROPE Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • REST OF EUROPE Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
    • APAC Outlook (USD Billion, 2019-2032)

      • APAC Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • APAC Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • APAC Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • APAC Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • APAC Automotive Shocks and Struts Market by Regional Type

        • China
        • India
        • Japan
        • South Korea
        • Malaysia
        • Thailand
        • Indonesia
        • Rest of APAC
      • CHINA Outlook (USD Billion, 2019-2032)
      • CHINA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • CHINA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • CHINA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • CHINA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • INDIA Outlook (USD Billion, 2019-2032)
      • INDIA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • INDIA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • INDIA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • INDIA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • JAPAN Outlook (USD Billion, 2019-2032)
      • JAPAN Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • JAPAN Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • JAPAN Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • JAPAN Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • SOUTH KOREA Outlook (USD Billion, 2019-2032)
      • SOUTH KOREA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • SOUTH KOREA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • SOUTH KOREA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • SOUTH KOREA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • MALAYSIA Outlook (USD Billion, 2019-2032)
      • MALAYSIA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • MALAYSIA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • MALAYSIA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • MALAYSIA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • THAILAND Outlook (USD Billion, 2019-2032)
      • THAILAND Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • THAILAND Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • THAILAND Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • THAILAND Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • INDONESIA Outlook (USD Billion, 2019-2032)
      • INDONESIA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • INDONESIA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • INDONESIA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • INDONESIA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • REST OF APAC Outlook (USD Billion, 2019-2032)
      • REST OF APAC Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • REST OF APAC Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • REST OF APAC Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • REST OF APAC Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
    • South America Outlook (USD Billion, 2019-2032)

      • South America Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • South America Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • South America Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • South America Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • South America Automotive Shocks and Struts Market by Regional Type

        • Brazil
        • Mexico
        • Argentina
        • Rest of South America
      • BRAZIL Outlook (USD Billion, 2019-2032)
      • BRAZIL Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • BRAZIL Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • BRAZIL Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • BRAZIL Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • MEXICO Outlook (USD Billion, 2019-2032)
      • MEXICO Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • MEXICO Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • MEXICO Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • MEXICO Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • ARGENTINA Outlook (USD Billion, 2019-2032)
      • ARGENTINA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • ARGENTINA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • ARGENTINA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • ARGENTINA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2032)
      • REST OF SOUTH AMERICA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • REST OF SOUTH AMERICA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • REST OF SOUTH AMERICA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • REST OF SOUTH AMERICA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
    • MEA Outlook (USD Billion, 2019-2032)

      • MEA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • MEA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • MEA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • MEA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • MEA Automotive Shocks and Struts Market by Regional Type

        • GCC Countries
        • South Africa
        • Rest of MEA
      • GCC COUNTRIES Outlook (USD Billion, 2019-2032)
      • GCC COUNTRIES Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • GCC COUNTRIES Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • GCC COUNTRIES Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • GCC COUNTRIES Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • SOUTH AFRICA Outlook (USD Billion, 2019-2032)
      • SOUTH AFRICA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • SOUTH AFRICA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • SOUTH AFRICA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • SOUTH AFRICA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
      • REST OF MEA Outlook (USD Billion, 2019-2032)
      • REST OF MEA Automotive Shocks and Struts Market by Type

        • MacPherson Strut
        • Double Wishbone
        • Multi-Link
        • Torsion Beam
      • REST OF MEA Automotive Shocks and Struts Market by Application Type

        • Passenger Vehicles
        • Light Commercial Vehicles
        • Heavy Commercial Vehicles
      • REST OF MEA Automotive Shocks and Struts Market by Material Type

        • Steel
        • Aluminum
        • Composite Materials
      • REST OF MEA Automotive Shocks and Struts Market by End Use Type

        • Original Equipment Manufacturer
        • Aftermarket
    Infographic

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    Case Study

    Smartphone Motherboard Parts Manufacturing Research