According to the research report and development trend forecast report of China's automobile suspension shock absorber industry released by China Industrial Research Network from 2019 to 2025, China's automobile suspension shock absorber enterprises can be roughly divided into three categories: the first category is internationally renowned vehicles. /Part-alone/joint ventures in China, with strong capital and research and development strength, mainly providing support for OEMs of well-known foreign brands, and products entering the after-sales market in the form of original car accessories;
The second category is part of joint ventures. Enterprises and strong domestic enterprises are mainly supporting domestic automobile enterprises and exporting to developed markets such as Europe and the United States. The products are positioned at the middle and high end. Some advantageous enterprises have already supplied the internationally renowned suspension shock absorber manufacturers through OEM/ODM.
The third category consists mainly of small-scale, decentralized production of small and medium-sized private enterprises. The products are mainly for the after-sales market, and the export destinations are mainly emerging market countries/regions. Most of the self-owned brands of suspension shock absorbers belong to the above-mentioned third category, and their independent development capabilities are weak. They are mainly in the following stage in terms of products and technology, and the production scale is small, and the annual output is generally less than one million.