Automotive Strut Market Scope And Analysis

  • Report Code : TIPRE00007367
  • Category : Automotive and Transportation
  • No. of Pages : 150
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Automotive Strut Market Scope and Key Players - 2031

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Automotive Strut Market Report Automotive Strut Market Size and Share Automotive Strut Market Scope and Analysis

Automotive Strut Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 3.5%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Material
  • Aluminum
  • Steel
  • FRP
By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Air Bearing Ltd
  • Bladon Jets
  • Capstone Turbine Corporation
  • TIMKEN Corporation
  • Hovair Systems Inc
  • OAV Air Bearings
  • Seagull Solutions Inc
  • IBS Precision Engineering BV
  • Specialty Components Inc

    • Automotive Strut Market News and Recent Developments

    The Automotive Strut Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Automotive Strut Market are listed below:

    • Cummins Inc. (NYSE: CMI) and Meritor, Inc. (NYSE: MTOR) entered into a definitive agreement under which Cummins will acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 in cash per Meritor share, for a total transaction value of approximately $3.7 billion, including assumed debt and net of acquired cash. (Source: Cummins Inc., Company Website, February 2022)
    • ZF continued its growth and expansion in India with the start of its new shock absorber production line at its regional headquarters based in Chakan, Pune. With a current annual installed manufacturing capacity of 0.7 million units, the supplier plans to increase it to three million units in three to four years. (Source: ZF, Company Website, February 2022)

    Automotive Strut Market Report Coverage and Deliverables

    The “Automotive Strut Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Automotive Strut Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Automotive Strut Market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Automotive Strut Market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Automotive Strut Market
    • Detailed company profiles