Report overview
A shock absorber or damper is a mechanical or hydraulic device designed to absorb and damp shock impulses. It does this by converting the kinetic energy of the shock into another form of energy which is then dissipated. Most shock absorbers are a form of dashpot.
This report aims to provide a comprehensive presentation of the global market for Automotive Shock Absorber, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Shock Absorber. This report contains market size and forecasts of Automotive Shock Absorber in global, including the following market information:
Global Automotive Shock Absorber Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Shock Absorber Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five Automotive Shock Absorber companies in 2022 (%)
The global Automotive Shock Absorber market was valued at US$ 11780 million in 2022 and is projected to reach US$ 13100 million by 2029, at a CAGR of 1.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
By region, China's consumption share was the highest in 2019, at more than 27 percent. The leading producers in the industry are ZF, TENNECO and KYB Corporation, accounting for 19.33%, 15.89% and 13.02% of revenues respectively.
We surveyed the Automotive Shock Absorber manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Shock Absorber Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Shock Absorber Market Segment Percentages, by Type, 2022 (%)
Single-Tube Shock Absorbers
Twin-Tube Shock Absorbers
Global Automotive Shock Absorber Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Shock Absorber Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicles
Commercial Vehicles
Global Automotive Shock Absorber Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Shock Absorber Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Shock Absorber revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Shock Absorber revenues share in global market, 2022 (%)
Key companies Automotive Shock Absorber sales in global market, 2018-2023 (Estimated), (M Units)
Key companies Automotive Shock Absorber sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ZF
TENNECO
KYB Corporation
Hitachi Automotive Systems
Showa
Mando
Magneti Marelli
Bilstein
Nanyang Cijan Automobile
KONI
ADD Industry
Gabriel
ALKO
Roberto Nuti
Endurance
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Shock Absorber, market overview.
Chapter 2: Global Automotive Shock Absorber market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Shock Absorber manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Shock Absorber in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Shock Absorber capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.