2024年中国汽车减震器行业概览：高端减震国产化替代空间广阔（精华版）

Investment Rating - The report does not explicitly state an investment rating for the automotive shock absorber industry in China. Core Insights - The Chinese automotive shock absorber industry is experiencing rapid domestic production advancements, particularly in high-end shock absorbers, with significant potential for localization and market growth [3][4][5]. Summary by Sections Industry Overview - The report provides a comprehensive overview of the Chinese automotive shock absorber industry, detailing its production and development status, industry chain, and market size [2]. Key Materials - Steel is identified as the primary raw material for manufacturing automotive shock absorbers, with steel products accounting for over 40% of the product cost. Fluctuations in steel prices will impact manufacturers' cost structures and profitability [2][15]. Domestic Production Progress - The localization process in the automotive shock absorber sector is accelerating, with domestic companies transitioning from technology followers to independent developers, particularly in mid-to-high-end products [3][4]. High-End Shock Absorber Market - There is substantial potential for domestic substitution in high-end shock absorber segments such as CDC (Continuous Damping Control) and MRC (Magnetorheological Control). Currently, only a few manufacturers have achieved large-scale production in these areas, indicating a significant opportunity for growth [4][5][23]. Market Growth Potential - The market for automotive shock absorbers is projected to grow from CNY 65.883 billion in 2024 to CNY 97.224 billion by 2028, with a compound annual growth rate (CAGR) of 10.22% [5][38][41]. Industry Chain Analysis - The industry chain consists of upstream raw material supply, midstream manufacturing, and downstream vehicle manufacturers. The demand for air suspension systems is expected to grow, enhancing the market for variable damping shock absorbers [7][31]. Market Drivers - Key drivers for the automotive shock absorber industry include the large scale of the Chinese automotive market, the rise of domestic automotive brands, and the increasing penetration of air suspension systems [43][44].