Global Automotive Aftermarket Shock Absorbers Market 2024-2028

Global Automotive Aftermarket Shock Absorbers Market 2024-2028


The automotive aftermarket shock absorbers market is forecasted to grow by USD 1.12 bn during 2023-2028, accelerating at a CAGR of 4.15% during the forecast period. The report on the automotive aftermarket shock absorbers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by an aging vehicle fleet with a high number of in-use vehicles, an increase in vehicle miles driven, and an increase in sales of luxury vehicles.

Technavio's automotive aftermarket shock absorbers market is segmented as below:

By Type
  • Twin tube
  • Mono tube
By Vehicle Type
  • Passenger vehicles
  • Commercial vehicles
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the auto component manufacturers shift towards selective alliances as one of the prime reasons driving the automotive aftermarket shock absorbers market growth during the next few years. Also, the emergence of additive manufacturing and manufacturers shift toward alternative lightweight materials will lead to sizable demand in the market.

The report on the automotive aftermarket shock absorbers market covers the following areas:
  • Automotive aftermarket shock absorbers market sizing
  • Automotive aftermarket shock absorbers market forecast
  • Automotive aftermarket shock absorbers market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive aftermarket shock absorbers market vendors that include ADD Industry Zhejiang Co Ltd, AL-KO Vehicle Technology Group, ANAND Group, Arnott LLC, Dorman Products Inc., DRiV Inc., Festo SE and Co. KG, Hangzhou Smart Mfg Group Co. Ltd., Hitachi Ltd., KAVO B.V., KYB Corp., MAPCO Autotechnik GmbH, MEYLE AG, Roberto Nuti Group, Skyjacker Ltd., SUSPA GmbH, Taylor Devices Inc., Tenneco Inc., thyssenkrupp AG, and ZF Friedrichshafen AG. Also, the automotive aftermarket shock absorbers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Type
      • Table Executive Summary – Chart on Market Segmentation by Vehicle Type
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global automotive aftermarket shock absorbers market 2018 - 2022
      • Table Historic Market Size – Data Table on global automotive aftermarket shock absorbers market 2018 - 2022 ($ million)
    • Type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • Vehicle type Segment Analysis 2018 - 2022
      • Table Historic Market Size – Vehicle type Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2023-2028 (%)
      • Table Data Table on Type - Market share 2023-2028 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Twin tube - Market size and forecast 2023-2028
      • Table Chart on Twin tube - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Twin tube - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Twin tube - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Twin tube - Year-over-year growth 2023-2028 (%)
    • Mono tube - Market size and forecast 2023-2028
      • Table Chart on Mono tube - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Mono tube - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Mono tube - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Mono tube - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ million)
      • Table Data Table on Market opportunity by Type ($ million)
  • Market Segmentation by Vehicle Type
    • Market segments
      • Table Chart on Vehicle Type - Market share 2023-2028 (%)
      • Table Data Table on Vehicle Type - Market share 2023-2028 (%)
    • Comparison by Vehicle Type
      • Table Chart on Comparison by Vehicle Type
      • Table Data Table on Comparison by Vehicle Type
    • Passenger vehicles - Market size and forecast 2023-2028
      • Table Chart on Passenger vehicles - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Passenger vehicles - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Passenger vehicles - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Passenger vehicles - Year-over-year growth 2023-2028 (%)
    • Commercial vehicles - Market size and forecast 2023- 2028
      • Table Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Vehicle Type
      • Table Market opportunity by Vehicle Type ($ million)
      • Table Data Table on Market opportunity by Vehicle Type ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • MaNorth America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Chart on UK - Year-over-year growth 2023-2028 (%)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Aging vehicle fleet with high number of in-use vehicle
      • Increase in vehicle miles driven
      • Increase in sales of luxury vehicles
    • Market challenges
      • Decreasing global sales and production of vehicles
      • Price volatility of raw materials
      • Availability of inexpensive and low quality shock absorbers
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Auto component manufacturers shift towards selective alliances
      • Emergence of additive manufacturing
      • Manufacturers shift toward alternative lightweight materials
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • ADD Industry Zhejiang Co Ltd
      • Table ADD Industry Zhejiang Co Ltd - Overview
      • Table ADD Industry Zhejiang Co Ltd - Product / Service
      • Table ADD Industry Zhejiang Co Ltd - Key offerings
    • AL-KO Vehicle Technology Group
      • Table AL-KO Vehicle Technology Group - Overview
      • Table AL-KO Vehicle Technology Group - Product / Service
      • Table AL-KO Vehicle Technology Group - Key offerings
    • ANAND Group
      • Table ANAND Group - Overview
      • Table ANAND Group - Business segments
      • Table ANAND Group - Key offerings
      • Table ANAND Group - Segment focus
    • Arnott LLC
      • Table Arnott LLC - Overview
      • Table Arnott LLC - Product / Service
      • Table Arnott LLC - Key offerings
    • Dorman Products Inc.
      • Table Dorman Products Inc. - Overview
      • Table Dorman Products Inc. - Product / Service
      • Table Dorman Products Inc. - Key offerings
    • Festo SE and Co. KG
      • Table Festo SE and Co. KG - Overview
      • Table Festo SE and Co. KG - Product / Service
      • Table Festo SE and Co. KG - Key offerings
    • Hangzhou Smart Mfg Group Co. Ltd.
      • Table Hangzhou Smart Mfg Group Co. Ltd. - Overview
      • Table Hangzhou Smart Mfg Group Co. Ltd. - Product / Service
      • Table Hangzhou Smart Mfg Group Co. Ltd. - Key offerings
    • Hitachi Ltd.
      • Table Hitachi Ltd. - Overview
      • Table Hitachi Ltd. - Business segments
      • Table Hitachi Ltd. - Key news
      • Table Hitachi Ltd. - Key offerings
      • Table Hitachi Ltd. - Segment focus
    • KAVO B.V.
      • Table KAVO B.V. - Overview
      • Table KAVO B.V. - Product / Service
      • Table KAVO B.V. - Key offerings
    • MEYLE AG
      • Table MEYLE AG - Overview
      • Table MEYLE AG - Product / Service
      • Table MEYLE AG - Key offerings
    • Roberto Nuti Group
      • Table Roberto Nuti Group - Overview
      • Table Roberto Nuti Group - Product / Service
      • Table Roberto Nuti Group - Key offerings
    • SUSPA GmbH
      • Table SUSPA GmbH - Overview
      • Table SUSPA GmbH - Product / Service
      • Table SUSPA GmbH - Key offerings
    • Tenneco Inc.
      • Table Tenneco Inc. - Overview
      • Table Tenneco Inc. - Business segments
      • Table Tenneco Inc. - Key offerings
      • Table Tenneco Inc. - Segment focus
    • thyssenkrupp AG
      • Table thyssenkrupp AG - Overview
      • Table thyssenkrupp AG - Business segments
      • Table thyssenkrupp AG - Key news
      • Table thyssenkrupp AG - Key offerings
      • Table thyssenkrupp AG - Segment focus
    • ZF Friedrichshafen AG
      • Table ZF Friedrichshafen AG - Overview
      • Table ZF Friedrichshafen AG - Business segments
      • Table ZF Friedrichshafen AG - Key news
      • Table ZF Friedrichshafen AG - Key offerings
      • Table ZF Friedrichshafen AG - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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