Semi-active dampers are finding their way into more vehicles
S&P Global Mobility forecasts that the global shock absorber market will see a compound annual growth rate (CAGR) of 2% from 2023 to 2034.
The global shock absorber market has seen significant advancements in technology in the past decade. The focus has been on creating dampers with varying damping rates to suit different road conditions. However, there have also been advancements in subcomponents such as valve placement, fluid type and tube architecture to enhance driver comfort and safety on bumpy roads.
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