Market Overview:
The global electromagnetic shock absorber market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Electromagnetic shock absorbers are used in vehicles as a safety feature to reduce the impact of shocks and vibrations on passengers and vehicle components. They are available in two types, namely pure active shock absorbers and semi-active shock absorbers. Pure active shock absorbers are those that use an electric motor to generate force that opposes movement, while semi-active shocks use a hydraulic system with sensors that adjust damping according to road conditions.
Product Definition:
An electromagnetic shock absorber is a device used to protect electronic equipment from damage caused by sudden voltage changes or electrical surges. They are commonly used in power supplies and telecommunications systems. Electromagnetic shock absorbers help keep equipment running smoothly and prevent costly repairs or replacements.
Pure Active Shock Absorber:
Pure active shock absorber is a device that reduces the vibrations or shocks to which an object may be subjected. Pure active shock absorbers are used in various applications including electromagnetic, electrostatic and dynamic (ESD) and impact protection. They can also be used as a protective device for sensitive electronic devices against static charges.
The pure active shock absorber consists of two main parts; namely the diaphragm and the return spring system.
Semi-Active Shock Absorber:
Semi-active shock absorber is a device that reduces the impact of electrical as well as magnetic shocks. It works by converting the energy from the incoming wave into heat. The heat generated by this device is used to warm up an electrolyte, which causes it to expand and contract, thereby reducing the intensity of your shock.
Application Insights:
Passenger cars application segment accounted for the largest share of over 50.0% in 2017. The demand is expected to be high due to increasing sales of passenger vehicles as a result of growing middle-class population, improved employment rate and rising disposable income, especially in emerging markets such as China and India. Moreover, stringent government regulations regarding safety are likely to boost product demand further.
Electromagnetic shocks are majorly experienced during road accidents when drivers or passengers suffer injuries caused by hard impact with another vehicle or with an object outside the car. Such incidents occur more frequently on account of rise in road traffic owing to increase in spending capacity among consumers across the globe coupled with rapid urbanization projects undertaken by governments across countries for developing infrastructure including roads and bridges at a faster pace than before which eventually leads to rise in number of accidents resulting into injuries suffered by drivers & passengers inside vehicles even though they have installed active protection systems (PTS).
Regional Analysis:
The Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The presence of key automotive manufacturers, such as Toyota, Honda Motor Co., Ltd., Suzuki Motor Corporation and Hyundai Mobis, has resulted in high demand from end-users of passenger cars and commercial vehicles. Moreover, rising disposable income coupled with increasing vehicle sales is anticipated to drive the regional market growth over the forecast period.
Europe held a significant share in terms of both volume and revenue owing to stringent safety norms prescribed by regulatory bodies such as ETSI (Electronic Communications System Interference) Directive 2004/42/EC), EMC (Electromagnetic Compatibility) Directive 2014/30/EU), etc. Presence of major automotive OEMs along with technological advancements are projected to augment industry growth during the forecast period.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Growing awareness about the benefits of electromagnetic shock absorbers over traditional shock absorbers
- Rising R&D spending by automotive OEMs to develop new and innovative technologies
- Proliferation of advanced driver assistance systems (ADAS) in automobiles
- Stringent safety norms by regulatory authorities
Scope Of The Report
Report Attributes
Report Details
Report Title
Electromagnetic Shock Absorber Market Research Report
By Type
Pure Active Shock Absorber, Semi-Active Shock Absorber
By Application
Passenger Cars, Commercial Vehicles
By Companies
ZF-TRW, Bose, Quanser, Daimler, Magneti Marelli, BWI (Delphi), Eaton, ZF-TRW
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Electromagnetic Shock Absorber Market Report Segments:
The global Electromagnetic Shock Absorber market is segmented on the basis of:
Types
Pure Active Shock Absorber, Semi-Active Shock Absorber
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 Cars, 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:
- ZF-TRW
- Bose
- Quanser
- Daimler
- Magneti Marelli
- BWI (Delphi)
- Eaton
- ZF-TRW
Highlights of The Electromagnetic Shock Absorber 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:
- Pure Active Shock Absorber
- Semi-Active Shock Absorber
- By Application:
- Passenger Cars
- Commercial Vehicles
- 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 Electromagnetic 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
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?
Electromagnetic shock absorbers are devices that use electromagnetic fields to reduce the impact of shocks.
Some of the key players operating in the electromagnetic shock absorber market are ZF-TRW, Bose, Quanser, Daimler, Magneti Marelli, BWI (Delphi), Eaton, ZF-TRW.
The electromagnetic shock absorber 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 Electromagnetic Shock Absorber 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 Electromagnetic Shock Absorber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electromagnetic Shock Absorber 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 Electromagnetic Shock Absorber 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 Electromagnetic Shock Absorber Market Size & Forecast, 2020-2028
4.5.1 Electromagnetic Shock Absorber Market Size and Y-o-Y Growth
4.5.2 Electromagnetic Shock Absorber Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Pure Active Shock Absorber
5.2.2 Semi-Active Shock Absorber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electromagnetic Shock Absorber 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 Electromagnetic Shock Absorber 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Pure Active Shock Absorber
9.6.2 Semi-Active Shock Absorber
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 Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Pure Active Shock Absorber
10.6.2 Semi-Active Shock Absorber
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 Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Pure Active Shock Absorber
11.6.2 Semi-Active Shock Absorber
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 Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Pure Active Shock Absorber
12.6.2 Semi-Active Shock Absorber
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 Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Pure Active Shock Absorber
13.6.2 Semi-Active Shock Absorber
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) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
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 Electromagnetic Shock Absorber Market: Competitive Dashboard
14.2 Global Electromagnetic Shock Absorber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZF-TRW
14.3.2 Bose
14.3.3 Quanser
14.3.4 Daimler
14.3.5 Magneti Marelli
14.3.6 BWI (Delphi)
14.3.7 Eaton
14.3.8 ZF-TRW
