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Shock Absorber-Global Market Insights and Sales Trends 2024
Synopsis
A shock absorber (also known as damper) is a mechanical or hydraulic device designed to absorb and damp shock impulses in an automotive or motorcycle. It does this by converting the kinetic energy of the shock into another form of energy which is then dissipated. Most shock absorbers are a form of dashpot.
The global Shock Absorber market size is expected to reach US$ 12640 million by 2029, growing at a CAGR of 2.2% from 2023 to 2029. The market is mainly driven by the significant applications of Shock Absorber in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Shock Absorber market. Single-Tube Shock Absorbers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Twin-Tube Shock Absorbers segment is estimated at % CAGR for the next seven-year period.
The global shock absorber market is dominated by ZF, Tenneco, KYB, etc. The top 3 manufacturers accounting for about 45% of the market share.
China and Europe is the largest market for shock absorbers, with a market share of about 55 percent.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Shock Absorber, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Shock Absorber market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Shock Absorber market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Shock Absorber sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Shock Absorber covered in this report include ZF, TENNECO, KYB Corporation, Hitachi Automotive Systems, Showa Corporation, Mando, Magneti Marelli, Bilstein and Nanyang Cijan Automobile, etc.
The global Shock Absorber market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ZF
TENNECO
KYB Corporation
Hitachi Automotive Systems
Showa Corporation
Mando
Magneti Marelli
Bilstein
Nanyang Cijan Automobile
KONI
ADD Industry
Gabriel
ALKO
KW
Ohlins
BC Racing
Tein inc
Eibach
D2
H&R
HSK
AST suspension
Global Shock Absorber market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Shock Absorber market, Segment by Type:
Single-Tube Shock Absorbers
Twin-Tube Shock Absorbers
Global Shock Absorber market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Shock Absorber manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Shock Absorber in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A shock absorber (also known as damper) is a mechanical or hydraulic device designed to absorb and damp shock impulses in an automotive or motorcycle. It does this by converting the kinetic energy of the shock into another form of energy which is then dissipated. Most shock absorbers are a form of dashpot.
The global Shock Absorber market size is expected to reach US$ 12640 million by 2029, growing at a CAGR of 2.2% from 2023 to 2029. The market is mainly driven by the significant applications of Shock Absorber in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Shock Absorber market. Single-Tube Shock Absorbers, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Twin-Tube Shock Absorbers segment is estimated at % CAGR for the next seven-year period.
The global shock absorber market is dominated by ZF, Tenneco, KYB, etc. The top 3 manufacturers accounting for about 45% of the market share.
China and Europe is the largest market for shock absorbers, with a market share of about 55 percent.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Shock Absorber, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Shock Absorber market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Shock Absorber market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Shock Absorber sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Shock Absorber covered in this report include ZF, TENNECO, KYB Corporation, Hitachi Automotive Systems, Showa Corporation, Mando, Magneti Marelli, Bilstein and Nanyang Cijan Automobile, etc.
The global Shock Absorber market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ZF
TENNECO
KYB Corporation
Hitachi Automotive Systems
Showa Corporation
Mando
Magneti Marelli
Bilstein
Nanyang Cijan Automobile
KONI
ADD Industry
Gabriel
ALKO
KW
Ohlins
BC Racing
Tein inc
Eibach
D2
H&R
HSK
AST suspension
Global Shock Absorber market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Shock Absorber market, Segment by Type:
Single-Tube Shock Absorbers
Twin-Tube Shock Absorbers
Global Shock Absorber market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Shock Absorber manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Shock Absorber in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Shock Absorber Market Overview
1.1 Shock Absorber Product Overview
1.2 Shock Absorber Market Segment by Type
1.2.1 Single-Tube Shock Absorbers
1.2.2 Twin-Tube Shock Absorbers
1.3 Global Shock Absorber Market Size by Type
1.3.1 Global Shock Absorber Market Size Overview by Type (2018-2029)
1.3.2 Global Shock Absorber Historic Market Size Review by Type (2018-2023)
1.3.3 Global Shock Absorber Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Shock Absorber Sales Breakdown by Type (2018-2023)
1.4.2 Europe Shock Absorber Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Shock Absorber Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Shock Absorber Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Shock Absorber Sales Breakdown by Type (2018-2023)
2 Global Shock Absorber Market Competition by Company
2.1 Global Top Players by Shock Absorber Sales (2018-2023)
2.2 Global Top Players by Shock Absorber Revenue (2018-2023)
2.3 Global Top Players by Shock Absorber Price (2018-2023)
2.4 Global Top Manufacturers Shock Absorber Manufacturing Base Distribution, Sales Area, Product Type
2.5 Shock Absorber Market Competitive Situation and Trends
2.5.1 Shock Absorber Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Shock Absorber Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Shock Absorber as of 2022)
2.7 Date of Key Manufacturers Enter into Shock Absorber Market
2.8 Key Manufacturers Shock Absorber Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Shock Absorber Status and Outlook by Region
3.1 Global Shock Absorber Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Shock Absorber Historic Market Size by Region
3.2.1 Global Shock Absorber Sales in Volume by Region (2018-2023)
3.2.2 Global Shock Absorber Sales in Value by Region (2018-2023)
3.2.3 Global Shock Absorber Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Shock Absorber Forecasted Market Size by Region
3.3.1 Global Shock Absorber Sales in Volume by Region (2024-2029)
3.3.2 Global Shock Absorber Sales in Value by Region (2024-2029)
3.3.3 Global Shock Absorber Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Shock Absorber by Application
4.1 Shock Absorber Market Segment by Application
4.1.1 Passenger Vehicles
4.1.2 Commercial Vehicles
4.2 Global Shock Absorber Market Size by Application
4.2.1 Global Shock Absorber Market Size Overview by Application (2018-2029)
4.2.2 Global Shock Absorber Historic Market Size Review by Application (2018-2023)
4.2.3 Global Shock Absorber Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Shock Absorber Sales Breakdown by Application (2018-2023)
4.3.2 Europe Shock Absorber Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Shock Absorber Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Shock Absorber Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Shock Absorber Sales Breakdown by Application (2018-2023)
5 North America Shock Absorber by Country
5.1 North America Shock Absorber Historic Market Size by Country
5.1.1 North America Shock Absorber Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Shock Absorber Sales in Volume by Country (2018-2023)
5.1.3 North America Shock Absorber Sales in Value by Country (2018-2023)
5.2 North America Shock Absorber Forecasted Market Size by Country
5.2.1 North America Shock Absorber Sales in Volume by Country (2024-2029)
5.2.2 North America Shock Absorber Sales in Value by Country (2024-2029)
6 Europe Shock Absorber by Country
6.1 Europe Shock Absorber Historic Market Size by Country
6.1.1 Europe Shock Absorber Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Shock Absorber Sales in Volume by Country (2018-2023)
6.1.3 Europe Shock Absorber Sales in Value by Country (2018-2023)
6.2 Europe Shock Absorber Forecasted Market Size by Country
6.2.1 Europe Shock Absorber Sales in Volume by Country (2024-2029)
6.2.2 Europe Shock Absorber Sales in Value by Country (2024-2029)
7 Asia-Pacific Shock Absorber by Region
7.1 Asia-Pacific Shock Absorber Historic Market Size by Region
7.1.1 Asia-Pacific Shock Absorber Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Shock Absorber Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Shock Absorber Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Shock Absorber Forecasted Market Size by Region
7.2.1 Asia-Pacific Shock Absorber Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Shock Absorber Sales in Value by Region (2024-2029)
8 Latin America Shock Absorber by Country
8.1 Latin America Shock Absorber Historic Market Size by Country
8.1.1 Latin America Shock Absorber Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Shock Absorber Sales in Volume by Country (2018-2023)
8.1.3 Latin America Shock Absorber Sales in Value by Country (2018-2023)
8.2 Latin America Shock Absorber Forecasted Market Size by Country
8.2.1 Latin America Shock Absorber Sales in Volume by Country (2024-2029)
8.2.2 Latin America Shock Absorber Sales in Value by Country (2024-2029)
9 Middle East and Africa Shock Absorber by Country
9.1 Middle East and Africa Shock Absorber Historic Market Size by Country
9.1.1 Middle East and Africa Shock Absorber Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Shock Absorber Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Shock Absorber Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Shock Absorber Forecasted Market Size by Country
9.2.1 Middle East and Africa Shock Absorber Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Shock Absorber Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ZF
10.1.1 ZF Company Information
10.1.2 ZF Introduction and Business Overview
10.1.3 ZF Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ZF Shock Absorber Products Offered
10.1.5 ZF Recent Development
10.2 TENNECO
10.2.1 TENNECO Company Information
10.2.2 TENNECO Introduction and Business Overview
10.2.3 TENNECO Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.2.4 TENNECO Shock Absorber Products Offered
10.2.5 TENNECO Recent Development
10.3 KYB Corporation
10.3.1 KYB Corporation Company Information
10.3.2 KYB Corporation Introduction and Business Overview
10.3.3 KYB Corporation Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.3.4 KYB Corporation Shock Absorber Products Offered
10.3.5 KYB Corporation Recent Development
10.4 Hitachi Automotive Systems
10.4.1 Hitachi Automotive Systems Company Information
10.4.2 Hitachi Automotive Systems Introduction and Business Overview
10.4.3 Hitachi Automotive Systems Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Hitachi Automotive Systems Shock Absorber Products Offered
10.4.5 Hitachi Automotive Systems Recent Development
10.5 Showa Corporation
10.5.1 Showa Corporation Company Information
10.5.2 Showa Corporation Introduction and Business Overview
10.5.3 Showa Corporation Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Showa Corporation Shock Absorber Products Offered
10.5.5 Showa Corporation Recent Development
10.6 Mando
10.6.1 Mando Company Information
10.6.2 Mando Introduction and Business Overview
10.6.3 Mando Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mando Shock Absorber Products Offered
10.6.5 Mando Recent Development
10.7 Magneti Marelli
10.7.1 Magneti Marelli Company Information
10.7.2 Magneti Marelli Introduction and Business Overview
10.7.3 Magneti Marelli Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Magneti Marelli Shock Absorber Products Offered
10.7.5 Magneti Marelli Recent Development
10.8 Bilstein
10.8.1 Bilstein Company Information
10.8.2 Bilstein Introduction and Business Overview
10.8.3 Bilstein Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bilstein Shock Absorber Products Offered
10.8.5 Bilstein Recent Development
10.9 Nanyang Cijan Automobile
10.9.1 Nanyang Cijan Automobile Company Information
10.9.2 Nanyang Cijan Automobile Introduction and Business Overview
10.9.3 Nanyang Cijan Automobile Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Nanyang Cijan Automobile Shock Absorber Products Offered
10.9.5 Nanyang Cijan Automobile Recent Development
10.10 KONI
10.10.1 KONI Company Information
10.10.2 KONI Introduction and Business Overview
10.10.3 KONI Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.10.4 KONI Shock Absorber Products Offered
10.10.5 KONI Recent Development
10.11 ADD Industry
10.11.1 ADD Industry Company Information
10.11.2 ADD Industry Introduction and Business Overview
10.11.3 ADD Industry Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.11.4 ADD Industry Shock Absorber Products Offered
10.11.5 ADD Industry Recent Development
10.12 Gabriel
10.12.1 Gabriel Company Information
10.12.2 Gabriel Introduction and Business Overview
10.12.3 Gabriel Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Gabriel Shock Absorber Products Offered
10.12.5 Gabriel Recent Development
10.13 ALKO
10.13.1 ALKO Company Information
10.13.2 ALKO Introduction and Business Overview
10.13.3 ALKO Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.13.4 ALKO Shock Absorber Products Offered
10.13.5 ALKO Recent Development
10.14 KW
10.14.1 KW Company Information
10.14.2 KW Introduction and Business Overview
10.14.3 KW Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.14.4 KW Shock Absorber Products Offered
10.14.5 KW Recent Development
10.15 Ohlins
10.15.1 Ohlins Company Information
10.15.2 Ohlins Introduction and Business Overview
10.15.3 Ohlins Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Ohlins Shock Absorber Products Offered
10.15.5 Ohlins Recent Development
10.16 BC Racing
10.16.1 BC Racing Company Information
10.16.2 BC Racing Introduction and Business Overview
10.16.3 BC Racing Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.16.4 BC Racing Shock Absorber Products Offered
10.16.5 BC Racing Recent Development
10.17 Tein inc
10.17.1 Tein inc Company Information
10.17.2 Tein inc Introduction and Business Overview
10.17.3 Tein inc Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Tein inc Shock Absorber Products Offered
10.17.5 Tein inc Recent Development
10.18 Eibach
10.18.1 Eibach Company Information
10.18.2 Eibach Introduction and Business Overview
10.18.3 Eibach Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Eibach Shock Absorber Products Offered
10.18.5 Eibach Recent Development
10.19 D2
10.19.1 D2 Company Information
10.19.2 D2 Introduction and Business Overview
10.19.3 D2 Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.19.4 D2 Shock Absorber Products Offered
10.19.5 D2 Recent Development
10.20 H&R
10.20.1 H&R Company Information
10.20.2 H&R Introduction and Business Overview
10.20.3 H&R Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.20.4 H&R Shock Absorber Products Offered
10.20.5 H&R Recent Development
10.21 HSK
10.21.1 HSK Company Information
10.21.2 HSK Introduction and Business Overview
10.21.3 HSK Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.21.4 HSK Shock Absorber Products Offered
10.21.5 HSK Recent Development
10.22 AST suspension
10.22.1 AST suspension Company Information
10.22.2 AST suspension Introduction and Business Overview
10.22.3 AST suspension Shock Absorber Sales, Revenue and Gross Margin (2018-2023)
10.22.4 AST suspension Shock Absorber Products Offered
10.22.5 AST suspension Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Shock Absorber Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Shock Absorber Industrial Chain Analysis
11.4 Shock Absorber Market Dynamics
11.4.1 Shock Absorber Industry Trends
11.4.2 Shock Absorber Market Drivers
11.4.3 Shock Absorber Market Challenges
11.4.4 Shock Absorber Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Shock Absorber Distributors
12.3 Shock Absorber Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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