Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Automotive Shock Absorber Market by Type (Single-Tube Shock Absorbers, Twin-Tube Shock Absorbers), By Application (Passenger Vehicles, Commercial Vehicles) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Automotive Shock Absorber Market by Type (Single-Tube Shock Absorbers, Twin-Tube Shock Absorbers), By Application (Passenger Vehicles, Commercial Vehicles) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 140682 3300 Automobile & Transportation 377 238 Pages 4.9 (34)
                                          

Market Overview:


The global automotive shock absorber market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the automotive shock absorber market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. The global automotive shock absorber market has been segmented on the basis of type, application and region. On the basis of type, the global automotive shock absorber market has been segmented into single-tube shocks absorbers and twin-tube shocks absorbers.


Global Automotive Shock Absorber Industry Outlook


Product Definition:


An automotive shock absorber is a device designed to smooth the ride of a vehicle by dissipating kinetic energy as heat. The main purpose of an automotive shock absorber is to keep the tires in contact with the road surface as much as possible, and thereby improve traction, steering response and overall handling.


Single-Tube Shock Absorbers:


Single-tube shock absorbers are used in automobiles to reduce the vibrations or shocks that occur when a vehicle is in contact with an uneven road surface. Single-tube shock absorbers are also known as hydraulic isolators and they consist of a chamber containing fluid which is isolated from the rest of the car by means of a piston. The movement of this piston generates vibrations that are absorbed by the oil, ultimately reducing any impact on vehicle occupants and tires.


Twin-Tube Shock Absorbers:


The twin-tube shock absorbers are two parallel tubes made from rubber or polymer material. The main function of the twin-tube shock absorber is to reduce the shocks that occur due to bumps in roads and prevent vehicle from moving forward or backward. It works by compressing air within the inner tube and outer tube, which reduces momentum of vehicle movement, thus preventing it from moving further.


Application Insights:


The commercial vehicles segment held the largest share of over 60.0% in 2017. The growth can be attributed to the rising demand for heavy-duty trucks, buses and coaches from developing countries such as China, India and Brazil. In addition, increasing utilization of these products in off-road vehicles is expected to drive the demand for automotive shock absorbers over the forecast period.


Passenger vehicle application segment is estimated to witness significant growth owing to increased consumer spending on passenger cars as a result of high employment rates and rapid urbanization in major economies such as Germany, Japan and U.K.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue and is anticipated to grow at a CAGR exceeding 6% from 2018 to 2030. This growth can be attributed primarily to rising sales of passenger cars, as well as commercial vehicles, in China on account of favorable government policies such as tax incentives & rebates on new energy vehicle purchases along with free parking spaces near offices & schools.


North America held a significant share in the overall industry demand owing to high consumer preference towards safety features within automobiles that have been engineered into them by their manufacturers coupled with stringent regulations laid down by regulatory bodies such as NHTSA (National Highway Traffic Safety Administration) and ANSI (Automotive National Safety Institute). These regulatory requirements are likely drive regional product demand over the next eight years. For instance, according to SAE International Inc.


Growth Factors:


  • Increasing demand for luxury and comfort in vehicles
  • Rising disposable income of consumers in developing countries
  • Technological advancements in automotive shock absorbers
  • Stringent government regulations for vehicle safety standards
  • Growing popularity of off-road recreational activities

Scope Of The Report

Report Attributes

Report Details

Report Title

Automotive Shock Absorber Market Research Report

By Type

Single-Tube Shock Absorbers, Twin-Tube Shock Absorbers

By Application

Passenger Vehicles, Commercial Vehicles

By Companies

SACHS (ZF), KONI, Monroe (Tenneco), Roberto Nuti SpA, TRW Aftermarket, Gabriel, Febi bilstein, WABCO, Roadlink International, Meritor, Bilstein, FOX, ALKO, MANDO, Jiangsu Huatong Shock Absorber

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

238

Number of Tables & Figures

167

Customization Available

Yes, the report can be customized as per your need.


Global Automotive Shock Absorber Market Report Segments:

The global Automotive Shock Absorber market is segmented on the basis of:

Types

Single-Tube Shock Absorbers, Twin-Tube 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

Passenger Vehicles, Commercial Vehicles

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:

  1. SACHS (ZF)
  2. KONI
  3. Monroe (Tenneco)
  4. Roberto Nuti SpA
  5. TRW Aftermarket
  6. Gabriel
  7. Febi bilstein
  8. WABCO
  9. Roadlink International
  10. Meritor
  11. Bilstein
  12. FOX
  13. ALKO
  14. MANDO
  15. Jiangsu Huatong Shock Absorber

Global Automotive Shock Absorber Market Overview


Highlights of The Automotive Shock Absorber Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Single-Tube Shock Absorbers
    2. Twin-Tube Shock Absorbers
  1. By Application:

    1. Passenger Vehicles
    2. Commercial Vehicles
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Automotive Shock Absorber 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Automotive Shock Absorber Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Automotive shock absorbers are devices that are used to reduce the impact of a collision or sudden stop. They work by absorbing energy from the crash and transferring it to the vehicle's frame, preventing it from causing damage.

Some of the major players in the automotive shock absorber market are SACHS (ZF), KONI, Monroe (Tenneco), Roberto Nuti SpA, TRW Aftermarket, Gabriel, Febi bilstein, WABCO, Roadlink International, Meritor, Bilstein, FOX, ALKO, MANDO, Jiangsu Huatong Shock Absorber.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Automotive Shock Absorber 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 Shock Absorber Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Automotive Shock Absorber Market - Supply Chain
   4.5. Global Automotive Shock Absorber Market Forecast
      4.5.1. Automotive Shock Absorber Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Automotive Shock Absorber Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Automotive Shock Absorber Market Absolute $ Opportunity

5. Global Automotive Shock Absorber 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 Shock Absorber Market Size and Volume Forecast by Type
      5.3.1. Single-Tube Shock Absorbers
      5.3.2. Twin-Tube Shock Absorbers
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Automotive Shock Absorber 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 Shock Absorber Market Size and Volume Forecast by Application
      6.3.1. Passenger Vehicles
      6.3.2. Commercial Vehicles
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Automotive Shock Absorber 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 Shock Absorber 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 Shock Absorber 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 Shock Absorber 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 Shock Absorber Demand Share Forecast, 2019-2026

9. North America Automotive Shock Absorber 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 Shock Absorber 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 Shock Absorber Market Size and Volume Forecast by Application
      9.4.1. Passenger Vehicles
      9.4.2. Commercial Vehicles
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Automotive Shock Absorber Market Size and Volume Forecast by Type
      9.7.1. Single-Tube Shock Absorbers
      9.7.2. Twin-Tube 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 Shock Absorber Demand Share Forecast, 2019-2026

10. Latin America Automotive Shock Absorber 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 Shock Absorber 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 Shock Absorber Market Size and Volume Forecast by Application
      10.4.1. Passenger Vehicles
      10.4.2. Commercial Vehicles
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Automotive Shock Absorber Market Size and Volume Forecast by Type
      10.7.1. Single-Tube Shock Absorbers
      10.7.2. Twin-Tube 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 Shock Absorber Demand Share Forecast, 2019-2026

11. Europe Automotive Shock Absorber 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 Shock Absorber 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 Shock Absorber Market Size and Volume Forecast by Application
      11.4.1. Passenger Vehicles
      11.4.2. Commercial Vehicles
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Automotive Shock Absorber Market Size and Volume Forecast by Type
      11.7.1. Single-Tube Shock Absorbers
      11.7.2. Twin-Tube Shock Absorbers
   11.8. Basis Point Share (BPS) Analysis by Typ
   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 Shock Absorber Demand Share, 2019-2026

12. Asia Pacific Automotive Shock Absorber 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 Shock Absorber 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 Shock Absorber Market Size and Volume Forecast by Application
      12.4.1. Passenger Vehicles
      12.4.2. Commercial Vehicles
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Automotive Shock Absorber Market Size and Volume Forecast by Type
      12.7.1. Single-Tube Shock Absorbers
      12.7.2. Twin-Tube 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 Shock Absorber Demand Share, 2019-2026

13. Middle East & Africa Automotive Shock Absorber 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 Shock Absorber 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 Shock Absorber Market Size and Volume Forecast by Application
      13.4.1. Passenger Vehicles
      13.4.2. Commercial Vehicles
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Automotive Shock Absorber Market Size and Volume Forecast by Type
      13.7.1. Single-Tube Shock Absorbers
      13.7.2. Twin-Tube 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 Shock Absorber Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Automotive Shock Absorber Market: Market Share Analysis
   14.2. Automotive Shock Absorber Distributors and Customers
   14.3. Automotive Shock Absorber Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. SACHS (ZF)
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. KONI
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Monroe (Tenneco)
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Roberto Nuti SpA
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. TRW Aftermarket
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Gabriel
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Febi bilstein
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. WABCO
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Roadlink International
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Meritor
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Bilstein
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. FOX
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. ALKO
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. MANDO
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Jiangsu Huatong Shock Absorber
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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