DUBLIN--(BUSINESS WIRE )--The "Global Automotive Aftermarket Shock Absorbers Market 2022-2026" report has been added to ResearchAndMarkets.com's offering.

The publisher has been monitoring the automotive aftermarket shock absorbers market and it is poised to grow by $ 2.59 billion during 2022-2026, accelerating at a CAGR of 4.25% during the forecast period. The market is driven by aging vehicle fleet with a high number of in-use vehicles, increase in vehicle miles driven, and increase in sales of luxury vehicles.

The automotive aftermarket shock absorbers market analysis includes the vehicle type segment and geographic landscape.

This study identifies the auto component manufacturers' shift towards selective alliances as one of the prime reasons driving the automotive aftermarket shock absorbers market growth during the next few years. Also, emergence of additive manufacturing and manufacturers' shift toward alternative lightweight materials will lead to sizable demand in the market.

The publisher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

5 Market Segmentation by Vehicle Type

For more information about this report visit https://www.researchandmarkets.com/r/5w7axd

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900