The global automotive damper and shock absorbers market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market can be attributed to the increasing demand for passenger cars in emerging economies such as India and China, which are witnessing an increase in disposable income levels and a growing middle class population. In addition, the increasing demand for commercial vehicles such as trucks, vans, buses and trailers is also driving the growth of this market.
The hydraulic type automotive damper and shock absorbers segment accounted for over 50% share of the global automotive damper and shock absorbers market in 2017 owing to its high efficiency level when compared with pneumatic type automotive damper and shock absorbers. The pneumatic type automotive damper and shock absorbers segment is expected to grow at a CAGR of 5% during the forecast period due to its low cost-effectiveness when compared with hydraulic type automotive dampers & shocks.
Some Of The Growth Factors Of This Market:
- The automotive industry has been growing steadily over the past few years, and this trend is expected to continue in the future as well.
- Automotive dampers and shock absorbers are used in vehicles for suspension purposes, which helps reduce vibrations and improve ride quality for passengers inside the vehicle cabin.
- Automotive dampers and shock absorbers are also used to control body movements during braking or acceleration, which improves safety for drivers as well as passengers inside the vehicle cabin.
- Increasing demand for better ride quality will drive growth of this market.
Industry Growth Insights published a new data on “Automotive Damper and Shock Absorbers Market”. The research report is titled “Automotive Damper and Shock Absorbers Market research by Types (Hydraulic Type Automotive Damper and Shock Absorbers, Pneumatic Type Automotive Damper and Shock Absorbers), By Applications (Truck, Van, Bus, Trailers, Other), By Players/Companies ALKO, Anand, Bilstein, BWI Group, CVCT, Duroshox, Escorts Group, Faw-Tokico, Febi bilstein, FOX, Gabriel, Hitachi, Jiangsu Huatong Shock Absorber, Jinzhou Leader, KONI, KYB, Liuzhou Carrera, Magneti Marelli, Mando, Meritor, Monroe (Tenneco), Ride Control, Roadlink International, Roberto Nuti SpA, S&T Motiv, SACHS (ZF), Showa, Tenneco, WABCO”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Damper and Shock Absorbers Market Research Report
By Type
Hydraulic Type Automotive Damper and Shock Absorbers, Pneumatic Type Automotive Damper and Shock Absorbers
By Application
Truck, Van, Bus, Trailers, Other
By Companies
ALKO, Anand, Bilstein, BWI Group, CVCT, Duroshox, Escorts Group, Faw-Tokico, Febi bilstein, FOX, Gabriel, Hitachi, Jiangsu Huatong Shock Absorber, Jinzhou Leader, KONI, KYB, Liuzhou Carrera, Magneti Marelli, Mando, Meritor, Monroe (Tenneco), Ride Control, Roadlink International, Roberto Nuti SpA, S&T Motiv, SACHS (ZF), Showa, Tenneco, WABCO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Damper and Shock Absorbers Market Report Segments:
The global Automotive Damper and Shock Absorbers market is segmented on the basis of:
Types
Hydraulic Type Automotive Damper and Shock Absorbers, Pneumatic Type Automotive Damper and Shock Absorbers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Truck, Van, Bus, Trailers, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ALKO
- Anand
- Bilstein
- BWI Group
- CVCT
- Duroshox
- Escorts Group
- Faw-Tokico
- Febi bilstein
- FOX
- Gabriel
- Hitachi
- Jiangsu Huatong Shock Absorber
- Jinzhou Leader
- KONI
- KYB
- Liuzhou Carrera
- Magneti Marelli
- Mando
- Meritor
- Monroe (Tenneco)
- Ride Control
- Roadlink International
- Roberto Nuti SpA
- S&T Motiv
- SACHS (ZF)
- Showa
- Tenneco
- WABCO
Highlights of The Automotive Damper and Shock Absorbers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydraulic Type Automotive Damper and Shock Absorbers
- Pneumatic Type Automotive Damper and Shock Absorbers
- By Application:
- Truck
- Van
- Bus
- Trailers
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Damper and Shock Absorbers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive dampers and shock absorbers are devices that are used in automobiles to control the motion of the vehicle. Dampers reduce the amplitude (height) and duration (time) of oscillations in a suspension system, while shock absorbers smooth out these oscillations.
Some of the key players operating in the automotive damper and shock absorbers market are ALKO, Anand, Bilstein, BWI Group, CVCT, Duroshox, Escorts Group, Faw-Tokico, Febi bilstein, FOX, Gabriel, Hitachi, Jiangsu Huatong Shock Absorber, Jinzhou Leader, KONI, KYB, Liuzhou Carrera, Magneti Marelli, Mando, Meritor, Monroe (Tenneco), Ride Control, Roadlink International, Roberto Nuti SpA, S&T Motiv, SACHS (ZF), Showa, Tenneco, WABCO.
The automotive damper and shock absorbers market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Damper and Shock Absorbers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automotive Damper and Shock Absorbers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automotive Damper and Shock Absorbers Market - Supply Chain
4.5. Global Automotive Damper and Shock Absorbers Market Forecast
4.5.1. Automotive Damper and Shock Absorbers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automotive Damper and Shock Absorbers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automotive Damper and Shock Absorbers Market Absolute $ Opportunity
5. Global Automotive Damper and Shock Absorbers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Type
5.3.1. Hydraulic Type Automotive Damper and Shock Absorbers
5.3.2. Pneumatic Type Automotive Damper and Shock Absorbers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automotive Damper and Shock Absorbers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Application
6.3.1. Truck
6.3.2. Van
6.3.3. Bus
6.3.4. Trailers
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automotive Damper and Shock Absorbers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automotive Damper and Shock Absorbers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automotive Damper and Shock Absorbers Demand Share Forecast, 2019-2026
9. North America Automotive Damper and Shock Absorbers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Application
9.4.1. Truck
9.4.2. Van
9.4.3. Bus
9.4.4. Trailers
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Type
9.7.1. Hydraulic Type Automotive Damper and Shock Absorbers
9.7.2. Pneumatic Type Automotive Damper and Shock Absorbers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automotive Damper and Shock Absorbers Demand Share Forecast, 2019-2026
10. Latin America Automotive Damper and Shock Absorbers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Application
10.4.1. Truck
10.4.2. Van
10.4.3. Bus
10.4.4. Trailers
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Type
10.7.1. Hydraulic Type Automotive Damper and Shock Absorbers
10.7.2. Pneumatic Type Automotive Damper and Shock Absorbers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automotive Damper and Shock Absorbers Demand Share Forecast, 2019-2026
11. Europe Automotive Damper and Shock Absorbers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Application
11.4.1. Truck
11.4.2. Van
11.4.3. Bus
11.4.4. Trailers
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Type
11.7.1. Hydraulic Type Automotive Damper and Shock Absorbers
11.7.2. Pneumatic Type Automotive Damper and Shock Absorbers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automotive Damper and Shock Absorbers Demand Share, 2019-2026
12. Asia Pacific Automotive Damper and Shock Absorbers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Application
12.4.1. Truck
12.4.2. Van
12.4.3. Bus
12.4.4. Trailers
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Type
12.7.1. Hydraulic Type Automotive Damper and Shock Absorbers
12.7.2. Pneumatic Type Automotive Damper and Shock Absorbers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automotive Damper and Shock Absorbers Demand Share, 2019-2026
13. Middle East & Africa Automotive Damper and Shock Absorbers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Application
13.4.1. Truck
13.4.2. Van
13.4.3. Bus
13.4.4. Trailers
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automotive Damper and Shock Absorbers Market Size and Volume Forecast by Type
13.7.1. Hydraulic Type Automotive Damper and Shock Absorbers
13.7.2. Pneumatic Type Automotive Damper and Shock Absorbers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automotive Damper and Shock Absorbers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automotive Damper and Shock Absorbers Market: Market Share Analysis
14.2. Automotive Damper and Shock Absorbers Distributors and Customers
14.3. Automotive Damper and Shock Absorbers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ALKO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Anand
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bilstein
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BWI Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CVCT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Duroshox
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Escorts Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Faw-Tokico
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Febi bilstein
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FOX
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Gabriel
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hitachi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jiangsu Huatong Shock Absorber
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jinzhou Leader
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. KONI
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. KYB
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Liuzhou Carrera
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Magneti Marelli
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Mando
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Meritor
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
