Frequently Asked Questions
The COVID-19 outbreak negatively impacted the market growth of shock absorbers in the automobile industry, owing to disruptions in the demand and supply chains throughout the automotive value chain.
a Pacific accounted for the most heightened share in the global shock absorber market.
The global market for shock absorbers is propelled by rising vehicle production, rising consumer demand for comfort and convenience in cars, and increased disposable income among consumers worldwide.
The hydraulic type segment had a major share in the global market in 2021.
The mono-tube design segment had a major share in the global market.