Market Overview:
The global motor vehicle shock absorbers 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 market can be attributed to the increasing demand for passenger cars and motorcycles across the globe. The global motor vehicle shock absorbers market has been segmented on the basis of type, application, and region. On the basis of type, the market has been segmented into hydraulic type, pneumatic type, and other types. The hydraulic type segment is expected to account for a major share of the global motor vehicle shock absorbers market in 2018. This can be attributed to its high efficiency and durability as compared to other types of shocks available in the market.
Product Definition:
Motor vehicle shock absorbers are suspension components that dampen the up-and-down motion of the car body. They work by converting the kinetic energy of the suspension movement into heat, which is then dissipated through hydraulic fluid or air chambers. This reduces wear on other suspension components and also makes for a more comfortable ride.
Hydraulic Type:
The hydraulic type shock absorbers market is expected to grow at a significant rate over the forecast period. The growth of this market can be attributed to factors such as increasing demand for automobiles, stringent emission norms and regulations by various regulatory bodies such as Federal Motor Vehicle Safety Standards (FMVSS) and New Car Assessment Program (NCAP).
Hydraulic type shock absorbers are used in automobiles that experience low-speed bump impacts.
Pneumatic Type:
Pneumatic type shock absorbers are used in motor vehicle shock absorbers to control the vertical movement of the vehicle. The pneumatic type is a closed system that uses compressed air as its working medium. It consists of an air compressor, reservoir, and hoses or tubes that connect them all together.
Application Insights:
Automotive application dominated the global market in 2017, accounting for a share of over 80.0% and is expected to maintain its lead over the forecast period. The automotive segment is projected to witness significant growth on account of increasing demand for passenger vehicles in developing countries such as India and China. In addition, growing sales of trucks & buses in developed countries such as U.S., Germany and France are anticipated to drive the demand for shock absorbers over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market 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, among others; along with a large consumer base is anticipated to drive product demand in this region.
The Asia Pacific regional market was followed by Europe which accounted for over 28% of the total revenue share in 2017 owing to high demand from countries like Germany and U.K.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in shock absorbers
- Stringent emission norms by regulatory authorities across the globe
- Growing awareness about the benefits of shock absorbers among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Vehicle Shock Absorbers Market Research Report
By Type
Hydraulic Type, Pneumatic Type, Other Type
By Application
Automotive, Motorcycle
By Companies
ZF, Tenneco, KYB, Showa, Magneti Marelli, Mando, Bilstein, KONI, Anand, Hitachi, Chuannan Absorber, Ride Control, CVCT, Faw-Tokico, ALKO, Ningjiang Shanchuan, Jiangsu Bright Star, Chengdu Jiuding, Wanxiang, Yaoyong Shock, Endurance, Chongqing Sokon, BWI Group, Zhejiang Sensen, Liuzhou Carrera, S&T Motiv, Chongqing Zhongyi, Zhongxing Shock, Escorts Group, Tianjin Tiande
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Motor Vehicle Shock Absorbers Market Report Segments:
The global Motor Vehicle Shock Absorbers market is segmented on the basis of:
Types
Hydraulic Type, Pneumatic Type, Other Type
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, Motorcycle
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
- Tenneco
- KYB
- Showa
- Magneti Marelli
- Mando
- Bilstein
- KONI
- Anand
- Hitachi
- Chuannan Absorber
- Ride Control
- CVCT
- Faw-Tokico
- ALKO
- Ningjiang Shanchuan
- Jiangsu Bright Star
- Chengdu Jiuding
- Wanxiang
- Yaoyong Shock
- Endurance
- Chongqing Sokon
- BWI Group
- Zhejiang Sensen
- Liuzhou Carrera
- S&T Motiv
- Chongqing Zhongyi
- Zhongxing Shock
- Escorts Group
- Tianjin Tiande
Highlights of The Motor Vehicle 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
- Pneumatic Type
- Other Type
- By Application:
- Automotive
- Motorcycle
- 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 Motor Vehicle 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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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?
Motor vehicle shock absorbers are devices that are installed in a car to reduce the impact of collisions. Shock absorbers work by absorbing energy from the collision and then releasing it gradually over a period of time. This gradual release of energy helps to prevent or reduce the severity of injuries that may be caused by the collision.
Some of the major companies in the motor vehicle shock absorbers market are ZF, Tenneco, KYB, Showa, Magneti Marelli, Mando, Bilstein, KONI, Anand, Hitachi, Chuannan Absorber, Ride Control, CVCT, Faw-Tokico, ALKO, Ningjiang Shanchuan, Jiangsu Bright Star, Chengdu Jiuding, Wanxiang, Yaoyong Shock, Endurance, Chongqing Sokon, BWI Group, Zhejiang Sensen, Liuzhou Carrera, S&T Motiv, Chongqing Zhongyi, Zhongxing Shock, Escorts Group, Tianjin Tiande.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Motor Vehicle 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. Motor Vehicle 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. Motor Vehicle Shock Absorbers Market - Supply Chain
4.5. Global Motor Vehicle Shock Absorbers Market Forecast
4.5.1. Motor Vehicle Shock Absorbers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Motor Vehicle Shock Absorbers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Motor Vehicle Shock Absorbers Market Absolute $ Opportunity
5. Global Motor Vehicle 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. Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Type
5.3.1. Hydraulic Type
5.3.2. Pneumatic Type
5.3.3. Other Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Motor Vehicle 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. Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Motorcycle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Motor Vehicle 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. Motor Vehicle 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 Motor Vehicle 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. Motor Vehicle 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 Motor Vehicle Shock Absorbers Demand Share Forecast, 2019-2029
9. North America Motor Vehicle 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 Motor Vehicle 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 Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Motorcycle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Type
9.7.1. Hydraulic Type
9.7.2. Pneumatic Type
9.7.3. Other Type
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 Motor Vehicle Shock Absorbers Demand Share Forecast, 2019-2029
10. Latin America Motor Vehicle 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 Motor Vehicle 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 Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Motorcycle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Type
10.7.1. Hydraulic Type
10.7.2. Pneumatic Type
10.7.3. Other Type
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 Motor Vehicle Shock Absorbers Demand Share Forecast, 2019-2029
11. Europe Motor Vehicle 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 Motor Vehicle 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 Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Motorcycle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Type
11.7.1. Hydraulic Type
11.7.2. Pneumatic Type
11.7.3. Other Type
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 Motor Vehicle Shock Absorbers Demand Share, 2019-2029
12. Asia Pacific Motor Vehicle 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 Motor Vehicle 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 Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Motorcycle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Type
12.7.1. Hydraulic Type
12.7.2. Pneumatic Type
12.7.3. Other Type
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 Motor Vehicle Shock Absorbers Demand Share, 2019-2029
13. Middle East & Africa Motor Vehicle 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 Motor Vehicle 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 Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Motorcycle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Motor Vehicle Shock Absorbers Market Size and Volume Forecast by Type
13.7.1. Hydraulic Type
13.7.2. Pneumatic Type
13.7.3. Other Type
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 Motor Vehicle Shock Absorbers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Motor Vehicle Shock Absorbers Market: Market Share Analysis
14.2. Motor Vehicle Shock Absorbers Distributors and Customers
14.3. Motor Vehicle Shock Absorbers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 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. Tenneco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KYB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Showa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Magneti Marelli
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mando
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. 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. KONI
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Anand
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hitachi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chuannan Absorber
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Ride Control
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CVCT
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Faw-Tokico
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ALKO
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Ningjiang Shanchuan
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Jiangsu Bright Star
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Chengdu Jiuding
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Wanxiang
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Yaoyong Shock
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
