Market Overview:
The global Vehicle 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 vehicles and the subsequent increase in production levels, which has led to an increase in the number of accidents. The need for buffers arises due to these accidents, as they help protect both the vehicle and its occupants from damage.
Product Definition:
A buffer is a device or material that resists changes in the pH of a solution. Buffers work by reacting with strong acids or bases to minimize change in pH. The presence of buffers is important because many biochemical reactions are sensitive to small changes in pH and can be disrupted if the pH shifts too far from its optimal value.
Electrical Buffers:
Electrical buffers are electronic components that help in smooth and efficient transmission of electrical energy. They act as a store of electrical energy which can be used to power various devices or systems. The major function performed by an electrical buffer is to smoothen out the fluctuations in voltage which occur due to the switching on/off of electric circuits, this helps in maintaining the average voltage across connected equipment and thus avoids any damage that may arise from high/low voltages.
Pneumatic Buffers:
Pneumatic buffers are used in vehicle suspension systems to control the movement of vehicles on roads. They help in absorbing road shocks and bumps that occur due to uneven surfaces, pot holes, or any other reason. Vehicle manufacturers use pneumatic buffers as they provide better ride quality and reduce vibrations & harshness caused by the tires when driving over rough patches of roads.
Application Insights:
The automotive repair shop segment held the largest share of over 50.0% in 2017. The need for vehicle maintenance and repair is increasing with the growing number of vehicles on the roads and highways. This factor is expected to drive demand for various automotive buffers including electrical, pneumatic, hydraulic, oil & gas and others over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing vehicle production in countries, such as India and China. In 2017, Asia Pacific accounted for a share of 29% in terms of vehicle production while it accounted for 23% market share in terms of revenue. Moreover, rising demand for luxury vehicles is also likely to drive regional growth over the coming years.
The automotive sector has been witnessing significant changes with respect to manufacturing practices and technologies across various regions since past few years due to increased competition among manufacturers globally as well as within individual regions owing to high initial investments required by manufacturers during manufacturing process development stage coupled with continuous R&D activities undertaken by them relatedto new product developments are driving industry dynamics worldwide thereby boosting overall market growth across all major regions including North America, Europe and Asia Pacific & MEA).
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 14% during the forecast period. This will lead to an increase in the demand for vehicle buffers, as they are essential components in electric vehicles.
- Stringent emission norms: Governments across the world are implementing stringent emission norms, which is leading to the increased adoption of vehicle buffers by OEMs and Tier 1 suppliers.
- Rising popularity of hybrid vehicles: Hybrid cars use both gasoline and electricity as fuel sources, which makes them more efficient than traditional petrol or diesel cars. This has led to their increasing popularity, especially in developed countries such as the US and Europe. As a result, there is an increasing demand for vehicle buffers that can be used in hybrid cars.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle 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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Buffers Market Report Segments:
The global Vehicle 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 Vehicle 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 Vehicle 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?
Vehicle buffers are a type of airbag that deploys from the front or side of a vehicle in the event of an accident. Vehicle buffers help to protect passengers by absorbing energy from the impact and preventing serious injury or death.
Some of the major players in the vehicle buffers market are Milwaukee Tool, Makita, Festool, Stanley Black & Decker, Chervon, Bosch, Hitach Koki, SHANGHAI KEN TOOLS, Meguiar's, Griot's Garage, NOBLE.
The vehicle 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 Vehicle 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 Vehicle Buffers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle 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 Vehicle 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 Vehicle Buffers Market Size & Forecast, 2018-2028
4.5.1 Vehicle Buffers Market Size and Y-o-Y Growth
4.5.2 Vehicle Buffers Market Absolute $ Opportunity
Chapter 5 Global Vehicle 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 Vehicle 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 Vehicle 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 Vehicle 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 Vehicle 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 Vehicle 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 Vehicle Buffers Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle 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 Vehicle 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 Vehicle 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 Vehicle Buffers Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle 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 Vehicle 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 Vehicle 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 Vehicle Buffers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle 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 Vehicle 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 Vehicle 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 Vehicle Buffers Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle 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 Vehicle 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 Vehicle 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) Vehicle Buffers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle 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) Vehicle 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) Vehicle 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 Vehicle Buffers Market: Competitive Dashboard
14.2 Global Vehicle 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
