Global Automotive Shock Absorber Market Projected to Reach USD 20.5 Billion by 2032 The global Automotive Shock Absorber Market is poised for substantial growth over the next decade. According to industry analysis by TheIndustryStats, the market, which reached USD 13.8 billion in 2023, is expected to expand to USD 20.5 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.50% from 2024 to 2032.
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