Global Auto Shock Absorbers Market Worth $ 1.7 Billion by 2020

Date: 2017-11-13

Auto Shock Absorbers is a mechanical or hydraulic device installed in automobiles specifically to absorb and damp shock impulses. Auto Shock Absorbers includes Pneumatic Shock Absorber and Hydraulic Shock Absorber on the base of classification. 

Passenger Car, Sports Utility Vehicles, Trucks and Bus are the main application of Auto Shock Absorbers product and Europe is the largest Auto Shock Absorbers market on production and consumption.

Global Auto Shock Absorbers market is projected to reach $ 1.7 Billion by 2020, with a GAGR of 4.8% from 2016, and Asia will have a big dynamic momentum on the market growth. The major players in the global Auto Shock Absorbers market are Showa, KYB, Mando, Tenneco, ZF, Bilstein, Anand, Magneti Marelli, KONI, Hitachi etc.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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