The South America Struts market size in 2022 is 174.89 million US dollars, and it is expected to be 210.17 million US dollars by 2029, with a compound annual growth rate of 2.66% expected in 2023-2029.

MARKET COMPETITIVE LANDSCAPE:
The main players in the Struts market include Cofap, Monroe, KYB South America, Sachs, and BILSTEIN. The share of the top 3 players in the Struts market is 63.26%.

SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes BARE STRUTS , LOADED STRUTS, etc. Application segment includes OEM, Aftermarket, etc.
---BARE STRUTS contributes approximately 67.19% share to the market in 2022.
---Aftermarket contributes approximately 62.61% share to the market in 2022.

This Struts market report provides detailed information on latest developments, trade regulations, value chain optimization, market share, impact of domestic and local market players, analyzes emerging revenue sources, market regulation changes Opportunities in Aspects, Strategic Market Growth Analysis, Market Size, Category Market Growth, Application Areas and Dominance, Product Approvals, Product Launches, Geographic Expansion, Technological Innovations in the Market.

Struts market country level analysis
The countries covered in the Struts market report include Brazil, Argentina, etc.
The presence and availability of South America brands and challenges due to intense or scarce competition from local and domestic brands, and trade routes are also considered while providing the predictive analysis of country data.

Competitive Landscape and Struts Market Share Analysis
Struts market competitive landscape provides details by competitors. The detailed information includes company profile, company financials, revenue generated, market potential, R&D investments, new market plans, South America reach. The data points presented above relate only to companies relevant to the Struts market.
Growing automotive industry: The South American automotive industry has experienced growth in recent years, driven by factors such as improving economic conditions, rising consumer purchasing power, and increased demand for vehicles. The demand for struts is directly linked to the production and sales of automobiles. As the automotive market expands in South America, the demand for struts is also expected to increase.

Increasing preference for comfort and safety features: Consumers in South America are placing greater emphasis on comfort and safety features in their vehicles. Struts play a crucial role in the suspension system, contributing to the overall comfort, stability, and control of the vehicle. As a result, there is a growing demand for struts that offer improved ride quality, handling, and safety features.

Shift towards advanced suspension technologies: There is a shift towards advanced suspension technologies in the automotive industry, including the adoption of more sophisticated struts. Manufacturers are focusing on developing struts with enhanced performance, durability, and comfort. This includes the introduction of advanced technologies such as electronically controlled struts and adaptive suspension systems, which can adjust damping characteristics based on driving conditions and provide a smoother and more controlled ride.

Replacement demand and aftermarket growth: The replacement market is a significant driver of the struts market in South America. As vehicles age, the need for replacement struts arises due to wear and tear. Additionally, vehicle owners often seek to upgrade their suspension systems for improved performance or customized ride characteristics. The aftermarket segment provides opportunities for struts manufacturers and suppliers to cater to these demands, driving market growth.

Focus on product quality and reliability: Product quality and reliability are crucial factors in the struts market. Consumers, including original equipment manufacturers (OEMs) and end-users, prioritize struts that offer consistent performance, durability, and long service life. Manufacturers are focusing on rigorous testing, quality control processes, and implementing advanced manufacturing techniques to meet these expectations.

Environmental regulations and sustainability considerations: Environmental regulations and sustainability considerations are gaining importance in the automotive industry. Struts manufacturers are developing environmentally friendly solutions, such as using recyclable materials and adopting sustainable manufacturing practices. Compliance with regulations and meeting sustainability goals, including reducing carbon emissions and minimizing the use of hazardous materials, are becoming important considerations in the South American struts market.
Highlights-Regions

Brazil
Argentina
Chile
Colombia
Peru

Player list
Cofap
Monroe
KYB South America
Sachs
BILSTEIN
ADD Industry
GSP Automotive Group
Others

Types list
BARE STRUTS
LOADED STRUTS

Application list
OEM
Aftermarket

Table of Content

1 Struts Market Overview
1.1 Product Overview and Scope of Struts
1.2 Struts Segment by Type
1.2.1 South America Struts Sales Growth Rate Comparison by Type (2023 VS 2029)
1.3 Market Analysis by Application
1.3.1 Struts Sales Comparison by Application (2023 VS 2029)
1.4 South America Market Growth Prospects
1.4.1 South America Struts Revenue Estimates and Forecasts (2018-2029)
1.4.2 South America Struts Sales Estimates and Forecasts (2018-2029)
1.4.3 South America Struts Market Size Estimates and Forecasts by Region: 2018 VS 2023 VS 2029
1.5 Coronavirus Disease (COVID-19) Impact on Global
1.6 COVID 19 Impact on Struts Market
1.6.1. COVID-19 Landscape: Struts Industry Impact
1.6.2. COVID 19 - Impact Assessment for the Industry
1.6.3. COVID 19 Impact: Global Major Government Policy
1.6.4. Market Trends and Opportunities in the COVID-19 Landscape
2 Market Competition by Manufacturers
2.1 South America Struts Sales and Market Share by Manufacturer
2.2 South America Struts Revenue and Market Share by Manufacturer
2.3 South America Struts Average Price by Manufacturers
2.4 Manufacturers Struts Production Sites, Area Served, Product Types
2.5 Struts Market Competitive Situation and Trends
2.5.1 Struts Market Concentration Rate
2.5.2 South America Top 5 and Top 10 Players Market Share by Revenue
2.5.3 Mergers & Acquisitions, Expansion
3 Struts Manufacturing Cost Analysis
3.1 Struts Key Raw Materials Analysis
3.1.1 Key Raw Materials
3.1.2 Key Suppliers of Raw Materials
3.2 Proportion of Manufacturing Cost Structure
3.3 Manufacturing Process Analysis
3.4 Struts Chain Analysis
4 Marketing Channel, Distributors and Customers
4.1 Marketing Channel
4.2 Struts Distributors List
4.3 Struts Customers
5 Struts Retrospective Market Scenario by Region
5.1 South America Struts Retrospective Market Scenario in Consumption 2018-2023
5.2 South America Struts Consumption
5.2.1 South America Struts Consumption by Country (2018-2023)
5.2.2 South America Struts Revenue by Country (2018-2023)
5.2.3 Brazil Struts Consumption and Growth (2018-2023)
5.2.4 Argentina Struts Consumption and Growth (2018-2023)
5.2.5 Chile Struts Consumption and Growth (2018-2023)
5.2.6 Colombia Struts Consumption and Growth (2018-2023)
5.2.7 Peru Struts Consumption and Growth (2018-2023)
6 South America Struts Sales, Revenue, Price Trend by Type
6.1 South America Struts Sales and Market Share by Type (2018-2023)
6.2 South America Struts Revenue Market Share by Type (2018-2023)
6.3 South America Struts Price by Type (2018-2023)
7 South America Struts Consumption Analysis by Application
7.1 South America Struts Consumption Market Share by Application (2018-2023)
7.2 South America Struts Consumption Growth Rate by Application (2018-2023)
8 Manufacturers Profiles
8.1 Cofap
8.1.1 Business Overview
8.1.2 Struts Product Introduction
8.1.3 Cofap Struts Sales, Price, Revenue, Gross Margin
8.2 Monroe
8.2.1 Business Overview
8.2.2 Struts Product Introduction
8.2.3 Monroe Struts Sales, Price, Revenue, Gross Margin
8.3 KYB South America
8.3.1 Business Overview
8.3.2 Struts Product Introduction
8.3.3 KYB South America Struts Sales, Price, Revenue, Gross Margin
8.4 Sachs
8.4.1 Business Overview
8.4.2 Struts Product Introduction
8.4.3 Sachs Struts Sales, Price, Revenue, Gross Margin
8.5 BILSTEIN
8.5.1 Business Overview
8.5.2 Struts Product Introduction
8.5.3 BILSTEIN Struts Sales, Price, Revenue, Gross Margin
8.6 ADD Industry
8.6.1 Business Overview
8.6.2 Struts Product Introduction
8.6.3 ADD Industry Struts Sales, Price, Revenue, Gross Margin
8.7 GSP Automotive Group
8.7.1 Business Overview
8.7.2 Struts Product Introduction
8.7.3 GSP Automotive Group Struts Sales, Price, Revenue, Gross Margin
8.8 Others
8.8.1 Business Overview
8.8.2 Struts Product Introduction
8.8.3 Others Struts Sales, Price, Revenue, Gross Margin
9 Struts Market Dynamics
9.1 Struts Industry Trends
9.2 Struts Growth Drivers
9.3 Struts Market Challenges
9.4 Struts Market Restraints
10 Forecast by Type and By Application (2023-2029)
10.1 South America Sales, Revenue and Price Forecast by Type (2023-2029)
10.1.1 South America Forecasted Sales of Struts by Type (2023-2029)
10.1.2 South America Forecasted Revenue of Struts by Type (2023-2029)
10.1.3 South America Forecasted Price of Struts by Type (2023-2029)
10.2 South America Sales, Revenue and Price Forecast by Application (2023-2029)
10.2.1 South America Forecasted Sales of Struts by Application (2023-2029)
10.2.2 South America Forecasted Revenue of Struts by Application (2023-2029)
10.2.3 South America Forecasted Price of Struts by Application (2023-2029)
10.3 South America Struts Market Estimates and Projections by Region
10.3.1 South America Forecasted Sales of Struts (2023-2029)
10.3.2 South America Forecasted Revenue of Struts (2023-2029)
Research Findings and Conclusion
Methodology and Data Source
A Methodology
Research Process
Market Size Estimation
Market Breakdown and Data Triangulation
B Data Source
Legal Disclaimer

List of Tables and Figures

Figure Struts Picture
Table South America Struts Market Size by Type (Volume) & (2023 VS 2029)
Table South America Struts Consumption Comparison by Application: 2023 VS 2029
Figure South America Struts Revenue ($) and Growth Rate (2018-2029)
Figure South America Struts Sales and Growth Rate (2018-2029)
Table Struts Market Size Comparison by Region: 2018 VS 2023 VS 2029
Figure (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table COVID-19 Landscape: Struts Industry Impact
Table COVID 19 - Impact Assessment for the Industry
Table COVID 19 Impact: Global Major Government Policy
Table Market Trends and Opportunities in the COVID-19 Landscape
Table South America Struts Sales by Manufacturer (2018-2023)
Table South America Struts Sales Market Share by Manufacturer (2018-2023)
Figure South America Struts Sales Market Share by Manufacturer in 2023
Table South America Struts Revenue ($) by Manufacturer (2018-2023)
Table South America Struts Revenue Market Share by Manufacturer (2018-2023)
Figure South America Struts Revenue Market Share by Manufacturer in 2023
Table South America Struts Price by Manufacturer (2018-2023)
Table Manufacturers Struts Production Sites, Area Served, Product Types
Table Struts Market Concentration Rate
Figure Global Top 5 and Top 10 Players Market Share by Revenue in 2023
Table Mergers & Acquisitions, Expansion Plans
Table Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Proportion of Manufacturing Cost Structure
Table Struts Chain Analysis
Figure Marketing Channel
Table Major Distributors of Struts with Contact Information
Table Major Customers of Struts with Contact Information
Figure South America Struts Consumption 2018-2023
Table South America Struts Consumption by Countries (2018-2023)
Table South America Struts Consumption Market Share by Countries (2018-2023)
Figure South America Struts Consumption Market Share by Countries in 2018
Figure South America Struts Consumption Market Share by Countries in 2023
Table South America Struts Revenue by Countries (2018-2023)
Table South America Struts Revenue Market Share by Countries (2018-2023)
Figure South America Struts Revenue Market Share by Countries in 2018
Figure South America Struts Revenue Market Share by Countries in 2023
Figure Brazil Struts Consumption and Growth (2018-2023)
Figure Brazil Struts Revenue and Growth (2018-2023)
Figure Argentina Struts Consumption and Growth (2018-2023)
Figure Argentina Struts Revenue and Growth (2018-2023)
Figure Chile Struts Consumption and Growth (2018-2023)
Figure Chile Struts Revenue and Growth (2018-2023)
Figure Colombia Struts Consumption and Growth (2018-2023)
Figure Colombia Struts Revenue and Growth (2018-2023)
Figure Peru Struts Consumption and Growth (2018-2023)
Figure Peru Struts Revenue and Growth (2018-2023)
Table South America Struts Sales by Types (2018-2023)
Table South America Struts Sales Market Share by Types (2018-2023)
Table South America Struts Revenue by Types (2018-2023)
Table South America Struts Revenue Market Share by Types (2018-2023)
Table South America Struts Price by Types (2018-2023)
Table South America Struts Consumption by Application (2018-2023)
Table South America Struts Consumption Share by Application (2018-2023)
Table Cofap Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table Cofap Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Cofap Sales and Growth Rate
Figure Cofap Revenue Market Share 2018-2023
Table Monroe Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table Monroe Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Monroe Sales and Growth Rate
Figure Monroe Revenue Market Share 2018-2023
Table KYB South America Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table KYB South America Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure KYB South America Sales and Growth Rate
Figure KYB South America Revenue Market Share 2018-2023
Table Sachs Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table Sachs Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Sachs Sales and Growth Rate
Figure Sachs Revenue Market Share 2018-2023
Table BILSTEIN Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table BILSTEIN Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure BILSTEIN Sales and Growth Rate
Figure BILSTEIN Revenue Market Share 2018-2023
Table ADD Industry Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table ADD Industry Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure ADD Industry Sales and Growth Rate
Figure ADD Industry Revenue Market Share 2018-2023
Table GSP Automotive Group Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table GSP Automotive Group Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure GSP Automotive Group Sales and Growth Rate
Figure GSP Automotive Group Revenue Market Share 2018-2023
Table Others Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table Others Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Others Sales and Growth Rate
Figure Others Revenue Market Share 2018-2023
Table South America Struts Sales Forecast by Types (2023-2029)
Table South America Struts Market Share Forecast by Types (2023-2029)
Table South America Struts Revenue Forecast by Types (2023-2029)
Table South America Struts Market Share Forecast by Types (2023-2029)
Table South America Struts Price Forecast by Types (2023-2029)
Table South America Struts Sales Forecast by Application (2023-2029)
Table South America Struts Market Share Forecast by Application (2023-2029)
Table South America Struts Revenue Forecast by Application (2023-2029)
Table South America Struts Market Share Forecast by Application (2023-2029)
Table South America Struts Price Forecast by Application (2023-2029)
Figure South America Forecasted Sales of Struts (2023-2029)
Figure South America Forecasted Sales of Struts (2023-2029)
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report