Market Overview:
The global automotive buffers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automobiles and rising awareness about vehicle safety. In terms of type, the electrical buffers segment is expected to lead the global automotive buffers market during the forecast period. This can be attributed to their high efficiency and low maintenance requirements as compared to pneumatic buffers.
Product Definition:
An automotive buffer is a device used to clean and polish the surface of an automobile. It is important because it helps to keep the car looking new and shiny.
Electrical Buffers:
Electrical buffers are electronic components used to smooth out fluctuations in electric current. They are also known as smoothing devices, and their main function is to prevent the flow of energy from one part of a circuit to another parts that have a difference in voltage. The most common application of electrical buffers is seen in power supplies where they are used for preventing the flow of high-voltage electricity from an outlet into any device connected to it.
Pneumatic Buffers:
Pneumatic buffers are devices that use pneumatic technology to transfer or store energy. They are used in automotive buffers as a part of the suspension system. The primary function of these devices is to control the rebound effect, which occurs when an automobile bumps into a curb and then returns to its normal driving position. Pneumatic buffers also help in absorbing road shocks, thereby preventing damage to vehicle parts and passengers.
Application Insights:
Automotive repair shops held the largest share of over 70.0% in 2017. The segment is expected to witness significant growth owing to increasing demand for automotive services, such as oil changes, tire rotations and engine overhauls. In addition, an increase in the number of vehicle repairs carried out at home by consumers will also boost industry growth over the forecast period.
The automotive care shops segment is estimated to expand at a CAGR of XX% from 2018 to 2030 owing to rising consumer awareness regarding vehicle maintenance and high demand for professional car washes among these stores will further fuel market expansion during this period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, owing to the presence of key automotive manufacturing countries such as China and Japan. The increasing production of passenger cars and commercial vehicles in this region is anticipated to drive the market growth over the forecast period.
The Asia Pacific regional market accounted for a share of more than 30% in terms of revenue in 2017 owing to high demand from end-use industries such as automotive repair shops and others. Increasing investments by governments for developing smart cities are also contributing towards industry growth across this region. For instance, In India, government initiatives have been taken up with an aim toward promoting automobile production which will eventually boost product demand over the forecast period.
Europe was estimated at USD X million in 2017 on account rising demand from Germany, France along with other countries including Russia and Italy that are major contributors toward vehicle manufacturing trends across Europe’s automotive sector.
Growth Factors:
- Increasing demand for luxury cars
- Rising disposable income of consumers
- Technological advancements in automotive buffers
- Growing awareness about the benefits of using automotive buffers
- Increasing number of car dealerships and service centers
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Buffers Market Research Report
By Type
Electrical Buffers, Pneumatic Buffers
By Application
Automotive Repair Shop, Automotive Care Shop, Others
By Companies
Milwaukee Tool, Makita, Festool, Stanley Black & Decker, Chervon, Bosch, Hitach Koki, SHANGHAI KEN TOOLS, Meguiar's, Griot's Garage, NOBLE
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Buffers Market Report Segments:
The global Automotive Buffers market is segmented on the basis of:
Types
Electrical Buffers, Pneumatic Buffers
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
Automotive Repair Shop, Automotive Care Shop, Others
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:
- Milwaukee Tool
- Makita
- Festool
- Stanley Black & Decker
- Chervon
- Bosch
- Hitach Koki
- SHANGHAI KEN TOOLS
- Meguiar's
- Griot's Garage
- NOBLE
Highlights of The Automotive Buffers 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:
- Electrical Buffers
- Pneumatic Buffers
- By Application:
- Automotive Repair Shop
- Automotive Care Shop
- Others
- 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 Buffers 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
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 buffers are devices that help to smooth out the ride of a car. They are typically made from rubber or plastic and can be attached to the suspension system of a car. Automotive buffers help to reduce bumps and jolts in the ride, making it more comfortable for passengers.
Some of the major players in the automotive buffers market are Milwaukee Tool, Makita, Festool, Stanley Black & Decker, Chervon, Bosch, Hitach Koki, SHANGHAI KEN TOOLS, Meguiar's, Griot's Garage, NOBLE.
The automotive buffers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Buffers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Buffers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Buffers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Buffers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Buffers Market Size & Forecast, 2018-2028
4.5.1 Automotive Buffers Market Size and Y-o-Y Growth
4.5.2 Automotive Buffers Market Absolute $ Opportunity
Chapter 5 Global Automotive Buffers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Buffers Market Size Forecast by Type
5.2.1 Electrical Buffers
5.2.2 Pneumatic Buffers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Buffers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Buffers Market Size Forecast by Applications
6.2.1 Automotive Repair Shop
6.2.2 Automotive Care Shop
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Buffers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Buffers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Buffers Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Buffers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Buffers Market Size Forecast by Type
9.6.1 Electrical Buffers
9.6.2 Pneumatic Buffers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Buffers Market Size Forecast by Applications
9.10.1 Automotive Repair Shop
9.10.2 Automotive Care Shop
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Buffers Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Buffers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Buffers Market Size Forecast by Type
10.6.1 Electrical Buffers
10.6.2 Pneumatic Buffers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Buffers Market Size Forecast by Applications
10.10.1 Automotive Repair Shop
10.10.2 Automotive Care Shop
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Buffers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Buffers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Buffers Market Size Forecast by Type
11.6.1 Electrical Buffers
11.6.2 Pneumatic Buffers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Buffers Market Size Forecast by Applications
11.10.1 Automotive Repair Shop
11.10.2 Automotive Care Shop
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Buffers Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Buffers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Buffers Market Size Forecast by Type
12.6.1 Electrical Buffers
12.6.2 Pneumatic Buffers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Buffers Market Size Forecast by Applications
12.10.1 Automotive Repair Shop
12.10.2 Automotive Care Shop
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Buffers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Buffers Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Buffers Market Size Forecast by Type
13.6.1 Electrical Buffers
13.6.2 Pneumatic Buffers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Buffers Market Size Forecast by Applications
13.10.1 Automotive Repair Shop
13.10.2 Automotive Care Shop
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Buffers Market: Competitive Dashboard
14.2 Global Automotive Buffers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Milwaukee Tool
14.3.2 Makita
14.3.3 Festool
14.3.4 Stanley Black & Decker
14.3.5 Chervon
14.3.6 Bosch
14.3.7 Hitach Koki
14.3.8 SHANGHAI KEN TOOLS
14.3.9 Meguiar's
14.3.10 Griot's Garage
14.3.11 NOBLE
