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    Argentina Automotive Shock Absorber Market

    ID: MRFR/AM/52909-HCR
    200 Pages
    Sejal Akre
    September 2025

    Argentina Automotive Shock Absorber Market Research Report By Technology (Air shock absorber, Damping shock absorber, Active, Semi-active) and By Application (Passenger Car, SUV Truck, Heavy Vehicle, E-Vehicle, Others)-Forecast to 2035

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    Table of Contents

    Argentina Automotive Shock Absorber Market Summary

    The Argentina Automotive Shock Absorber market is projected to grow significantly from 172 USD Million in 2024 to 545 USD Million by 2035.

    Key Market Trends & Highlights

    Argentina Automotive Shock Absorber Key Trends and Highlights

    • The market is expected to expand at a compound annual growth rate (CAGR) of 11.05% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 545 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 172 USD Million, reflecting the current demand for automotive shock absorbers in Argentina.
    • Growing adoption of advanced automotive technologies due to increasing consumer preferences for vehicle comfort is a major market driver.

    Market Size & Forecast

    2024 Market Size 172 (USD Million)
    2035 Market Size 545 (USD Million)
    CAGR (2025-2035) 11.05%

    Major Players

    Mando, Dunlop, Monroe, Bilstein, Hitachi Astemo, Tenneco, Fuchs, Arnott, Boge, Aisin, ZF Friedrichshafen, Sachs, KYB, Kayaba, Gabriel

    Argentina Automotive Shock Absorber Market Trends

    Due to a number of important market factors, the Argentina automotive shock absorber market is presently expanding significantly. The growing demand for automobiles, especially from middle-class buyers, has pushed producers to improve the caliber and inventiveness of their products.

    Furthermore, a greater focus on vehicle performance and safety has resulted in improvements in shock absorber technology. In order to satisfy customer demands, local automakers are concentrating on using premium parts like shock absorbers to increase ride comfort and stability. The growing popularity of hybrid and electric cars in Argentina's automotive industry presents opportunities for investigation.

    Specialized shock absorbers made for these kinds of cars are becoming more and more necessary as the government encourages environmentally friendly transportation. This gives producers an opportunity to be creative and develop goods that appeal to this new market niche, which could provide them a competitive edge.

    Recent trends show that as auto owners look to improve and boost their vehicles' performance, they are increasingly turning to aftermarket upgrades. Shock absorbers and other automobile parts are more easily accessible to customers in Argentina because to the availability of e-commerce platforms.

    Additionally, a knowledgeable buyer community has been fostered by consumers investing in high-quality shock absorbers as a result of social media and automotive forums raising awareness of the significance of vehicle maintenance. Due to important market factors and changing consumer tastes, the Argentina automotive shock absorber market is generally expanding favorably.

    Argentina Automotive Shock Absorber Market Drivers

    Market Segment Insights

    Automotive Shock Absorber Market Technology Insights

    Automotive Shock Absorber Market Technology Insights

    The Technology segment of the Argentina Automotive Shock Absorber Market showcases a diverse landscape that is increasingly pivotal in enhancing vehicle performance and comfort.

    The segment encompasses various technologies, including Air Shock Absorbers, which are noted for their ability to adjust the stiffness of the suspension by altering air pressure, offering both comfort and adaptability for varying road conditions.

    Damping Shock Absorbers play a crucial role in controlling vehicle movement and ensuring stability, which is vital for safety and performance in Argentina's diverse driving environments.

    Active shock absorbers, equipped with advanced systems to respond dynamically to road conditions, have started gaining traction as they provide a more responsive and smoother ride experience, aligning with consumers’ increasing demand for higher quality vehicles.

    Automotive Shock Absorber Market Application Insights

    Automotive Shock Absorber Market Application Insights

    The Argentina Automotive Shock Absorber Market showcases a diverse Application segment that includes various vehicle types such as Passenger Cars, SUVs, Trucks, Heavy Vehicles, and Electric Vehicles (E-Vehicles).

    The Passenger Car category holds significant relevance due to the rising demand for personal mobility, while SUVs are gaining traction due to their versatility and heightened consumer preference for larger vehicles.

    Trucks and Heavy Vehicles represent a vital component of the logistics and transportation industry, where shock absorbers play a critical role in ensuring stability and safety under diverse load conditions. E-Vehicles are increasingly emerging in the market, driven by the government's push for sustainable mobility solutions and the need for advanced shock absorber technologies tailored for electric drivetrains.

    Additionally, the Others category encompasses niche vehicle segments, which are also contributing to market growth.

    Get more detailed insights about Argentina Automotive Shock Absorber Market Research Report-Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The Argentina Automotive Shock Absorber Market is characterized by a dynamic landscape that reflects the evolving needs of consumers and the overall automotive sector in the region. The market is influenced by various factors such as the rising demand for higher driving comfort, safety, and the incorporation of advanced technology within vehicles.

    Competition within this market is marked by the presence of both global players and local manufacturers, leading to a diverse range of products designed to cater to different segments of the automotive industry.

    Furthermore, innovation in production processes and the introduction of new materials are driving the market's growth, creating an environment where companies must continuously adapt to maintain their competitive edge.

    Mando has established a notable presence within the Argentina Automotive Shock Absorber Market, leveraging its strengths in technology and product development. The company is known for its emphasis on high-quality manufacturing processes and the use of advanced materials in its shock absorber offerings.

    Mando's commitment to research and development allows it to consistently offer innovative products that enhance driving performance and safety. Additionally, Mando benefits from strong partnerships with local automotive manufacturers, which strengthens its market access and brand recognition within Argentina.

    The company's ability to quickly adapt to market demands and establish a robust distribution network further reinforces its competitive position in the region, making it a trusted choice among consumers and automotive businesses alike.

    Dunlop, a prominent player in the Argentina Automotive Shock Absorber Market, is known for its extensive range of automotive suspension products, including high-performance shock absorbers designed for various vehicle types.

    The company's market presence is supported by a legacy of delivering reliable and innovative products that meet consumer expectations for comfort and handling. Dunlop focuses on delivering products that align with modern automotive trends, including enhanced shock absorption technologies and durability.

    The company's strengths lie in its brand reputation, manufacturing capabilities, and commitment to quality, which resonate well with consumers.

    Over the years, Dunlop has also engaged in strategic mergers and acquisitions to bolster its position in Argentina, enhancing its operational capabilities and expanding its product portfolio to address the specific needs of the local market. Through these efforts, Dunlop continues to solidify its standing as a key competitor in the automotive shock absorber segment in Argentina.

    Key Companies in the Argentina Automotive Shock Absorber Market market include

    Industry Developments

    The Argentina Automotive Shock Absorber Market has seen significant developments recently, particularly in terms of growth and key player activities. In October 2023, Mando announced an expansion of its product line to enhance its market position in Argentina, directly responding to the increase in local automotive production.

    Similarly, Hitachi Astemo has been focusing on expanding its manufacturing capabilities, recognizing a growing demand for high-quality shock absorbers in the region.

    In terms of mergers and acquisitions, while there have not been any notable transactions reported in the last few months among the major players like Tenneco, KYB, and ZF Friedrichshafen, ongoing collaborations and partnerships remain a focus for many firms to strengthen their market share.

    The total market valuation is projected to rise as the automotive industry in Argentina grows, driven by the government's support for local manufacturing and the increase in vehicle registrations, indicating a robust demand for replacement parts, including shock absorbers.

    Key players like Monroe and Bilstein are actively involved in expanding their distribution networks to tap into this potential growth in the Argentine market. Overall, the automotive sector's dynamics continue to shape developments in the shock absorber segment.

    Market Segmentation

    Outlook

    • Passenger Car
    • SUV Truck
    • Heavy Vehicle
    • E-Vehicle
    • Others

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 163.0(USD Million)
    MARKET SIZE 2024 172.0(USD Million)
    MARKET SIZE 2035 545.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 11.054% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Mando, Dunlop, Monroe, Bilstein, Hitachi Astemo, Tenneco, Fuchs, Arnott, Boge, Aisin, ZF Friedrichshafen, Sachs, KYB, Kayaba, Gabriel
    SEGMENTS COVERED Technology, Application
    KEY MARKET OPPORTUNITIES Increasing vehicle production rates, Growing demand for electric vehicles, Expansion of aftermarket services, Rising focus on vehicle safety, Advancements in shock absorber technology
    KEY MARKET DYNAMICS growing automotive production, increasing vehicle sales, demand for comfort and safety, technological advancements in manufacturing, regulatory emissions standards
    COUNTRIES COVERED Argentina

    Market Highlights

    Author
    Sejal Akre
    Senior Research Analyst

    She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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    FAQs

    What is the expected market size of the Argentina Automotive Shock Absorber Market in 2024?

    The Argentina Automotive Shock Absorber Market is expected to be valued at 172.0 million USD in 2024.

    What is the projected market size of the Argentina Automotive Shock Absorber Market by 2035?

    By 2035, the market is projected to reach a valuation of 545.0 million USD.

    What is the expected CAGR for the Argentina Automotive Shock Absorber Market from 2025 to 2035?

    The overall market is expected to grow at a CAGR of 11.054% from 2025 to 2035.

    Which companies are considered key players in the Argentina Automotive Shock Absorber Market?

    Major players in the market include Mando, Dunlop, Monroe, Bilstein, and ZF Friedrichshafen.

    What is the market size for air shock absorbers in Argentina in 2024?

    The market size for air shock absorbers is valued at 34.0 million USD in 2024.

    How much is the active shock absorber technology projected to be worth in 2035?

    Active shock absorber technology is projected to be worth 180.0 million USD by 2035.

    What was the estimated market value for semi-active shock absorbers in 2024?

    In 2024, the estimated market value for semi-active shock absorbers is 58.0 million USD.

    What is the total market value of damping shock absorbers in Argentina by 2035?

    The total market value of damping shock absorbers is expected to reach 90.0 million USD by 2035.

    What are some key growth drivers for the Argentina Automotive Shock Absorber Market?

    Key growth drivers include advancements in shock absorber technology and increasing vehicle production.

    How are current global trends impacting the Argentina Automotive Shock Absorber Market?

    Current global trends influence the market through increased demand for advanced automotive technologies and sustainability initiatives.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. Argentina
    59. Automotive Shock Absorber Market, BY Technology (USD Million)
    60. Air
    61. shock absorber
    62. Damping shock absorber
    63. Active
    64. Semi-active
    65. Argentina
    66. Automotive Shock Absorber Market, BY Application (USD Million)
    67. Passenger
    68. Car
    69. SUV Truck
    70. Heavy Vehicle
    71. E-Vehicle
    72. Others
    73. Competitive Landscape
    74. Overview
    75. Competitive
    76. Analysis
    77. Market share Analysis
    78. Major
    79. Growth Strategy in the Automotive Shock Absorber Market
    80. Competitive
    81. Benchmarking
    82. Leading Players in Terms of Number of Developments
    83. in the Automotive Shock Absorber Market
    84. Key developments
    85. and growth strategies
    86. New Product Launch/Service Deployment
    87. Merger
    88. & Acquisitions
    89. Joint Ventures
    90. Major
    91. Players Financial Matrix
    92. Sales and Operating Income
    93. Major
    94. Players R&D Expenditure. 2023
    95. Company
    96. Profiles
    97. Mando
    98. Financial
    99. Overview
    100. Products Offered
    101. Key
    102. Developments
    103. SWOT Analysis
    104. Key
    105. Strategies
    106. Dunlop
    107. Financial
    108. Overview
    109. Products Offered
    110. Key
    111. Developments
    112. SWOT Analysis
    113. Key
    114. Strategies
    115. Monroe
    116. Financial
    117. Overview
    118. Products Offered
    119. Key
    120. Developments
    121. SWOT Analysis
    122. Key
    123. Strategies
    124. Bilstein
    125. Financial
    126. Overview
    127. Products Offered
    128. Key
    129. Developments
    130. SWOT Analysis
    131. Key
    132. Strategies
    133. Hitachi Astemo
    134. Financial
    135. Overview
    136. Products Offered
    137. Key
    138. Developments
    139. SWOT Analysis
    140. Key
    141. Strategies
    142. Tenneco
    143. Financial
    144. Overview
    145. Products Offered
    146. Key
    147. Developments
    148. SWOT Analysis
    149. Key
    150. Strategies
    151. Fuchs
    152. Financial
    153. Overview
    154. Products Offered
    155. Key
    156. Developments
    157. SWOT Analysis
    158. Key
    159. Strategies
    160. Arnott
    161. Financial
    162. Overview
    163. Products Offered
    164. Key
    165. Developments
    166. SWOT Analysis
    167. Key
    168. Strategies
    169. Boge
    170. Financial
    171. Overview
    172. Products Offered
    173. Key
    174. Developments
    175. SWOT Analysis
    176. Key
    177. Strategies
    178. Aisin
    179. Financial
    180. Overview
    181. Products Offered
    182. Key
    183. Developments
    184. SWOT Analysis
    185. Key
    186. Strategies
    187. ZF Friedrichshafen
    188. Financial
    189. Overview
    190. Products Offered
    191. Key
    192. Developments
    193. SWOT Analysis
    194. Key
    195. Strategies
    196. Sachs
    197. Financial
    198. Overview
    199. Products Offered
    200. Key
    201. Developments
    202. SWOT Analysis
    203. Key
    204. Strategies
    205. KYB
    206. Financial
    207. Overview
    208. Products Offered
    209. Key
    210. Developments
    211. SWOT Analysis
    212. Key
    213. Strategies
    214. Kayaba
    215. Financial
    216. Overview
    217. Products Offered
    218. Key
    219. Developments
    220. SWOT Analysis
    221. Key
    222. Strategies
    223. Gabriel
    224. Financial
    225. Overview
    226. Products Offered
    227. Key
    228. Developments
    229. SWOT Analysis
    230. Key
    231. Strategies
    232. References
    233. Related
    234. Reports
    235. LIST
    236. OF ASSUMPTIONS
    237. Argentina Automotive Shock Absorber Market
    238. SIZE ESTIMATES & FORECAST, BY TECHNOLOGY, 2019-2035 (USD Billions)
    239. Argentina
    240. Automotive Shock Absorber Market SIZE ESTIMATES & FORECAST, BY APPLICATION,
    241. 2035 (USD Billions)
    242. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    243. ACQUISITION/PARTNERSHIP
    244. LIST
    245. Of figures
    246. MARKET SYNOPSIS
    247. ARGENTINA
    248. AUTOMOTIVE SHOCK ABSORBER MARKET ANALYSIS BY TECHNOLOGY
    249. ARGENTINA
    250. AUTOMOTIVE SHOCK ABSORBER MARKET ANALYSIS BY APPLICATION
    251. KEY
    252. BUYING CRITERIA OF AUTOMOTIVE SHOCK ABSORBER MARKET
    253. RESEARCH
    254. PROCESS OF MRFR
    255. DRO ANALYSIS OF AUTOMOTIVE SHOCK ABSORBER
    256. MARKET
    257. DRIVERS IMPACT ANALYSIS: AUTOMOTIVE SHOCK ABSORBER
    258. MARKET
    259. RESTRAINTS IMPACT ANALYSIS: AUTOMOTIVE SHOCK ABSORBER
    260. MARKET
    261. SUPPLY / VALUE CHAIN: AUTOMOTIVE SHOCK ABSORBER
    262. MARKET
    263. AUTOMOTIVE SHOCK ABSORBER MARKET, BY TECHNOLOGY,
    264. (% SHARE)
    265. AUTOMOTIVE SHOCK ABSORBER MARKET, BY TECHNOLOGY,
    266. TO 2035 (USD Billions)
    267. AUTOMOTIVE SHOCK ABSORBER
    268. MARKET, BY APPLICATION, 2025 (% SHARE)
    269. AUTOMOTIVE SHOCK
    270. ABSORBER MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    271. BENCHMARKING
    272. OF MAJOR COMPETITORS

    Argentina Automotive Shock Absorber Market Segmentation

    • Automotive Shock Absorber Market By Technology (USD Million, 2019-2035)

      • Air shock absorber
      • Damping shock absorber
      • Active
      • Semi-active

     

    • Automotive Shock Absorber Market By Application (USD Million, 2019-2035)

      • Passenger Car
      • SUV Truck
      • Heavy Vehicle
      • E-Vehicle
      • Others
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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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