Shock Absorbers Market Information Authentic Ryan Finley Jersey , Figures and Analytical Insights 2018 to 2026 by swapna · June 13,
By region Authentic Jonah Williams Jersey , China is projected to dominate in the global automotive shock absorbers market over the forecast period. China, followed by Europe, is estimated to remain the most opportunistic region in the automotive shock absorbers market. In terms of value, China is projected to create incremental $ opportunity worth US$ 5,837.2 Mn in the global automotive shock absorbers market during the forecast period.
By product type, the hydraulic type segment is projected to dominate with a value US$ 37 Authentic Joe Mixon Jersey ,166 Mn in 2018. However, the gas-filled segment is projected to account for ~ 41.3% share in the global automotive shock absorbers market during the forecast period. In terms of growth, gas-filled automotive shock absorbers are projected to grow with modest growth rate during the latter half of the forecast period.
By design segment, the twin tube design is projected to dominate in the global automotive shock absorbers market. In terms of volume, the demand for twin tube segment is projected to be pegged at 273.3 Mn units by the end of 2026. In terms of value, the mono-tube segment is projected to create incremental $ opportunity worth US$ 2 Authentic Jessie Bates III Jersey ,912.7Mn in the global automotive shock absorbers market over the forecast period. Under twin tube design segment, the gas charged sub-segment is expected to grow with remarkable growth rate in the global automotive shock absorbers market due to increasing demand for gas-filled automotive shock absorbers.
By sales channel, the OEM segment is projected to dominate the global automotive shock absorbers market with year-over-year growth of 3.6% in 2018. However, aftermarket segment is projected to account for more than 25% share in the global automotive shock absorbers market. However, the potential for automotive shock absorbers aftermarket is expected to remain relatively low owing to low replacement rate of automotive shock absorbers in the global market.
By vehicle type, the passenger cars segment is projected to dominate the global automotive shock absorbers market over the forecast period. In terms of volume Authentic A.J. Green Jersey , the demand for automotive shock absorbers for passenger cars is projected to reach up to 162.4 Mn units by the end of 2026. Under the passenger cars segment, the automotive shock absorbers market has also been categorized into OEM and Aftermarket. Further, these segment has also been categorized into twin tube and mono-tube. The mono-tube automotive shock absorbers for compact car segment