Shock absorber and struts are commonly used terms for the suspension system of a vehicle. However, shock absorber and struts are two different components. The shock absorber in a vehicle prevents the car from bouncing. The shock absorber assembly consists of hydraulic fluid and a piston arrangement. Primarily, tube type and mono tube type are the two types of shock absorbers that are utilized mostly in suspension systems. Struts are a combination of springs and shock absorbers. They support the vehicle weight; however, their primary function is to reduce vibrations. Struts are stronger than shock absorbers owing to their weight-bearing capacity.
Key players operating in the global automotive shock absorbers and struts market include:
Tenneco Inc., ZF Friedrichshafen AG, GKN plc, Samvardhana Motherson Group, Gabriel India Limited, KYB Americas Corporation, LEACREE Company, and Neox.
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Consistent increase in demand for passenger vehicles, owing to rapid urbanization, increase in per capita income, and stable economic conditions is likely to drive the automotive shock absorber and struts market during the forecast period. Increase in awareness regarding vehicle comfort and safety among consumers is anticipated to drive the shock absorber and struts market during the forecast period. However, continuous change in technology in suspension system is likely to hamper the market of automotive shock absorber and struts in forecast period.
The global automotive shock absorber and struts market can be segmented based on application, vehicle, sales channel, and region. Based on application, the market can be segregated into shock absorber and struts. The function of shock absorber and struts is the same; however, the assemblies are different. Struts provide structural support to the vehicle and dampen vibrations.
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