Automotive & Transportation Market Insights Automotive Gas Charged Shock Absorbers Market | Page 7
Automotive Gas Charged Shock Absorbers Market
By sales channel, the OEM automotive gas charged shock absorbers market is estimated to represent
53.6% share in 2018, valued at US$ 1,529.6 Mn, and is estimated to expand at a CAGR of 5.3% and reach
US$ 2,439.3 Mn by 2027 or 53.9% share of the global automotive gas charged shock absorbers market.
The aftermarket is estimated to grow at a prominent CAGR in countries where road infrastructure is not
good.
Automotive Gas Charged Shock Absorbers Market: Competitive Landscape
Some of the prominent market participants involved in the manufacturing of automotive gas charged
shock absorbers, which have been included in the study, are ITT Corporation, ZF Friedrichshafen AG, Ltd.,
Samvardhana Motherson Group, Hitachi Automotive Systems, Magneti Marelli S.p.A., Gabriel India
Limited, Tenneco Inc., Meritor, Inc., SHOWA CORPORATION, KYB Corporation, Thyssenkrupp AG and
Arnott Inc. among others.
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