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.
China is the largest supplier of shock absorber with many local manufacturers and some plant built by international manufacturers like ZF, Tenneco, Showa, KYB and Mando. Each international manufacturer may have a capacity over tens of million units.
The twin-tube design is most used on cars, light trucks, SUV’s and vans. It’s a cost effective and it can provide excellent handling & control characteristics for most driving conditions. The mono-tube design offers additional performance and can have a more aggressive ride.
According to this study, over the next five years the Shock Absorber market will register a 2.7% CAGR in terms of revenue, the global market size will reach US$ 18600 million by 2024, from US$ 15800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Shock Absorber business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Shock Absorber market by product type, application, key manufacturers and key regions and countries.
This study considers the Shock Absorber value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hydraulic Type
Pneumatic Type
Other Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Motorcycle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
Jinzhou Leader
Shanghai Powered
Duroshox
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Shock Absorber consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Shock Absorber market by identifying its various subsegments.
Focuses on the key global Shock Absorber manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Shock Absorber with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Shock Absorber submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Shock Absorber . Industry analysis & Market Report on Shock Absorber is a syndicated market report, published as Global Shock Absorber Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Shock Absorber market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.