Automotive Shock Absorber Market
Shock absorber is a device mostly hydraulic, which is designed to absorb and damp shock impulses. A shock absorber decreases the effect of rough terrain on the vehicle body, leading to enhanced ride quality and vehicle handling. The major factors responsible for the increasing number of developments and demand for better shock absorbers are the increasing demand for economical & lesser in weight product, better fuel economy, and comfort.
This report covers the market for automotive shock absorber in terms of volume and value. The market volume is provided in terms of thousand units; whereas the value for the market is provided in terms of $million 2012 to 2019. Further it analyses the automotive shock absorber market which can be broadly segmented by Type that is twin tube and mono tube; by vehicle type that is passenger car, LCV, and HCV; by market type that is OE and aftermarket; and by Region that is Asia-Oceania, Europe, North-America, and RoW) focusing on major countries of each region.
The report classifies and defines the automotive shock absorber market by volume and value, while providing qualitative insights about the automotive shock absorber types. It also analyses comprehensively the market drivers, restraints, opportunities, challenges and key issues in the automotive shock absorber market. The key players in the market for automotive shock absorber have also been identified and profiled
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Growth opportunities and latent adjacency in Automotive Shock Abs