ABSTRACT
About Automotive Shocks and Struts

The primary purpose of shock absorbers is to control spring and suspension movement. A strut is a common damper type used in many of today's independent suspension, front wheel drive vehicles, and some rear wheel drive vehicles. The global automotive shocks and struts market is segmented based on applications, namely shock absorbers and struts. We have considered passenger cars for calculating the size of the automotive shocks and struts market.

Technavio’s analysts forecast the global automotive shocks and struts market to grow at a CAGR of 4.34% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive shocks and struts market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Automotive Shocks and Struts Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Tenneco
• ZF
• GKN
• Magneti Marelli

Other prominent vendors
• MANDO
• KYB Americas Corporation

Market driver
• Use of advanced optimization techniques for reducing the weight of suspension components.
• For a full, detailed list, view our report

Market challenge
• Growing concerns for increased greenhouse gas emissions from automotive industry.
• For a full, detailed list, view our report

Market trend
• Suspension link weight reduction process using advanced optimization techniques.
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.