The research time span covered by the report is from 2018 to 2029; it provides an overview of the North America Struts Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.
The North America Struts market size in 2022 is 1167.95 million US dollars, and it is expected to be 1375.05 million US dollars by 2029, with a compound annual growth rate of 2.36% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Struts market include Monroe , KYB North America , BILSTEIN , Gabriel , and Sachs. The share of the top 3 players in the Struts market is 59.79%.
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 60.68% share to the market in 2022.
---OEM contributes approximately 59.20% share to the market in 2022.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it”s going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Increasing demand in the automotive sector: Struts play a crucial role in the suspension system of vehicles, providing stability, control, and damping. The automotive industry is a significant driver of the struts market in North America. Factors such as rising vehicle production, increasing consumer preference for comfort and safety features, and the growing demand for electric and hybrid vehicles contribute to the market”s growth.
Technological advancements and product innovations: The struts market has witnessed technological advancements aimed at improving performance, durability, and efficiency. Manufacturers are investing in research and development to develop innovative designs, materials, and manufacturing techniques. This includes the use of advanced materials, such as high-strength steel and aluminum alloys, as well as the integration of electronic components for active suspension systems. These advancements aim to enhance vehicle handling, ride quality, and overall performance.
Focus on lightweight and fuel-efficient solutions: With the increasing emphasis on fuel efficiency and reducing emissions, there is a growing demand for lightweight components in the automotive industry. Struts manufacturers are focusing on developing lightweight designs without compromising structural integrity and performance. Lightweight struts help improve fuel efficiency, reduce vehicle weight, and enhance handling characteristics.
Growth in the aftermarket segment: The aftermarket segment plays a significant role in the struts market. 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 provides opportunities for struts manufacturers and suppliers to cater to these demands, driving market growth.
Emphasis on product quality and reliability: In the North America struts market, product quality and reliability are crucial factors. Customers, 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 initiatives: Environmental regulations and sustainability considerations have an increasing influence on 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 are becoming important factors in the struts market
Highlights-Regions
USA
Canada
Mexico
Highlights-Players
Major Players in Struts market are:
Monroe
KYB North America
BILSTEIN
Gabriel
Sachs
ADD Industry
SENSEN
Moog
Rancho
Motorcraft
Others
Highlights-Types
Most important types of Struts products covered in this report are:
BARE STRUTS
LOADED STRUTS
Highlights-Application
Most widely Application of Struts market covered in this report are:
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 North 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 North America Market Growth Prospects
1.4.1 North America Struts Revenue Estimates and Forecasts (2018-2029)
1.4.2 North America Struts Sales Estimates and Forecasts (2018-2029)
1.4.3 North 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 North America Struts Sales and Market Share by Manufacturer
2.2 North America Struts Revenue and Market Share by Manufacturer
2.3 North 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 North 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 North America Struts Retrospective Market Scenario in Consumption 2018-2023
5.2 North America Struts Consumption
5.2.1 North America Struts Consumption by Country (2018-2023)
5.2.2 North America Struts Revenue by Country (2018-2023)
5.2.3 USA Struts Consumption and Growth (2018-2023)
5.2.4 Canada Struts Consumption and Growth (2018-2023)
5.2.5 Mexico Struts Consumption and Growth (2018-2023)
6 North America Struts Sales, Revenue, Price Trend by Type
6.1 North America Struts Sales and Market Share by Type (2018-2023)
6.2 North America Struts Revenue Market Share by Type (2018-2023)
6.3 North America Struts Price by Type (2018-2023)
7 North America Struts Consumption Analysis by Application
7.1 North America Struts Consumption Market Share by Application (2018-2023)
7.2 North America Struts Consumption Growth Rate by Application (2018-2023)
8 Manufacturers Profiles
8.1 Monroe
8.1.1 Business Overview
8.1.2 Struts Product Introduction, Application and Specification
8.1.3 Monroe Struts Sales, Price, Revenue, Gross Margin
8.2 KYB North America
8.2.1 Business Overview
8.2.2 Struts Product Introduction, Application and Specification
8.2.3 KYB North America Struts Sales, Price, Revenue, Gross Margin
8.3 BILSTEIN
8.3.1 Business Overview
8.3.2 Struts Product Introduction, Application and Specification
8.3.3 BILSTEIN Struts Sales, Price, Revenue, Gross Margin
8.4 Gabriel
8.4.1 Business Overview
8.4.2 Struts Product Introduction, Application and Specification
8.4.3 Gabriel Struts Sales, Price, Revenue, Gross Margin
8.5 Sachs
8.5.1 Business Overview
8.5.2 Struts Product Introduction, Application and Specification
8.5.3 SachsStruts Sales, Price, Revenue, Gross Margin
8.6 ADD Industry
8.6.1 Business Overview
8.6.2 Struts Product Introduction, Application and Specification
8.6.3 ADD IndustryStruts Sales, Price, Revenue, Gross Margin
8.7 SENSEN
8.7.1 Business Overview
8.7.2 Struts Product Introduction, Application and Specification
8.7.3 SENSEN Struts Sales, Price, Revenue, Gross Margin
8.8 Moog
8.8.1 Business Overview
8.8.2 Struts Product Introduction, Application and Specification
8.8.3 Moog Struts Sales, Price, Revenue, Gross Margin
8.9 Rancho
8.9.1 Business Overview
8.9.2 Struts Product Introduction, Application and Specification
8.9.3 Rancho Struts Sales, Price, Revenue, Gross Margin
8.10 Motorcraft
8.10.1 Business Overview
8.10.2 Struts Product Introduction, Application and Specification
8.10.3 Motorcraft Struts Sales, Price, Revenue, Gross Margin
8.11 Others
8.11.1 Business Overview
8.11.2 Struts Product Introduction, Application and Specification
8.11.3 OthersStruts 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 North America Sales, Revenue and Price Forecast by Type (2023-2029)
10.1.1 North America Forecasted Sales of Struts by Type (2023-2029)
10.1.2 North America Forecasted Revenue of Struts by Type (2023-2029)
10.1.3 North America Forecasted Price of Struts by Type (2023-2029)
10.2 North America Sales, Revenue and Price Forecast by Application (2023-2029)
10.2.1 North America Forecasted Sales of Struts by Application (2023-2029)
10.2.2 North America Forecasted Revenue of Struts by Application (2023-2029)
10.2.3 North America Forecasted Price of Struts by Application (2023-2029)
10.3 North America Struts Market Estimates and Projections by Region
10.3.1 North America Forecasted Sales of Struts (2023-2029)
10.3.2 North 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 North America Struts Market Size by Type (Volume) & (2023 VS 2029)
Table North America Struts Consumption Comparison by Application: 2023 VS 2029
Figure North America Struts Revenue ($) and Growth Rate (2018-2029)
Figure North America Struts Sales and Growth Rate (2018-2029)
Table Struts Market Size Comparison by Region: 2018 VS 2023 VS 2029
Figure (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table COVID-19 Landscape: Struts Industry Impact
Table COVID 19 - Impact Assessment for the Industry
Table COVID 19 Impact: Global Major Government Policy
Table Market Trends and Opportunities in the COVID-19 Landscape
Table North America Struts Sales by Manufacturer (2018-2023)
Table North America Struts Sales Market Share by Manufacturer (2018-2023)
Figure North America Struts Sales Market Share by Manufacturer in 2023
Table North America Struts Revenue ($) by Manufacturer (2018-2023)
Table North America Struts Revenue Market Share by Manufacturer (2018-2023)
Figure North America Struts Revenue Market Share by Manufacturer in 2023
Table North 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 North America Struts Consumption 2018-2023
Table North America Struts Consumption by Countries (2018-2023)
Table North America Struts Consumption Market Share by Countries (2018-2023)
Figure North America Struts Consumption Market Share by Countries in 2018
Figure North America Struts Consumption Market Share by Countries in 2023
Table North America Struts Revenue by Countries (2018-2023)
Table North America Struts Revenue Market Share by Countries (2018-2023)
Figure North America Struts Revenue Market Share by Countries in 2018
Figure North America Struts Revenue Market Share by Countries in 2023
Figure USA Struts Consumption and Growth (2018-2023)
Figure USA Struts Revenue and Growth (2018-2023)
Figure Canada Struts Consumption and Growth (2018-2023)
Figure Canada Struts Revenue and Growth (2018-2023)
Figure Mexico Struts Consumption and Growth (2018-2023)
Figure Mexico Struts Revenue and Growth (2018-2023)
Table North America Struts Sales by Types (2018-2023)
Table North America Struts Sales Market Share by Types (2018-2023)
Table North America Struts Revenue by Types (2018-2023)
Table North America Struts Revenue Market Share by Types (2018-2023)
Table North America Struts Price by Types (2018-2023)
Table North America Struts Consumption by Application (2018-2023)
Table North America Struts Consumption Share by Application (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 North America Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table KYB North America Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure KYB North America Sales and Growth Rate
Figure KYB North America 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 Gabriel Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table Gabriel Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Gabriel Sales and Growth Rate
Figure Gabriel 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 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 SENSEN Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table SENSEN Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure SENSEN Sales and Growth Rate
Figure SENSEN Revenue Market Share 2018-2023
Table Moog Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table Moog Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Moog Sales and Growth Rate
Figure Moog Revenue Market Share 2018-2023
Table Rancho Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table Rancho Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Rancho Sales and Growth Rate
Figure Rancho Revenue Market Share 2018-2023
Table Motorcraft Basic Information, Manufacturing Base
Table Struts Product Introduction, Application and Specification
Table Motorcraft Struts Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Motorcraft Sales and Growth Rate
Figure Motorcraft 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 North America Struts Sales Forecast by Types (2023-2029)
Table North America Struts Market Share Forecast by Types (2023-2029)
Table North America Struts Revenue Forecast by Types (2023-2029)
Table North America Struts Market Share Forecast by Types (2023-2029)
Table North America Struts Price Forecast by Types (2023-2029)
Table North America Struts Sales Forecast by Application (2023-2029)
Table North America Struts Market Share Forecast by Application (2023-2029)
Table North America Struts Revenue Forecast by Application (2023-2029)
Table North America Struts Market Share Forecast by Application (2023-2029)
Table North America Struts Price Forecast by Application (2023-2029)
Figure North America Forecasted Sales of Struts (2023-2029)
Figure North America Forecasted Sales of Struts (2023-2029)
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report