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Automotive Shock Absorber Market

Automotive Shock Absorber - Global Market Outlook (2019-2027)

4.5 (68 reviews)
Published: December 2020 ID: SMRC20197
4.5 (68 reviews)
Published: December 2020 ID: SMRC20197

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Automotive Shock Absorber Market is accounted for $8.60 billion in 2019 and is expected to reach $15.00 billion by 2027 growing at a CAGR of 7.2% during the forecast period. Some of the key factors propelling the market growth include increase in automobile sales, need for safety and comfort in vehicles, increasing investment and increasing R&D activities and growing automotive aftermarket. However, oil leakage and noise are restraining the market growth.

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Automotive shock absorber is a mechanical or hydraulic device that is used to absorb energy and provide a comfort ride to the passenger. The main purpose of a shock absorber is to improve the ride for the passenger and to reduce the bumps created due to rough terrain roads. They support the vehicle weight and reduce vibrations. Furthermore, shock absorbers are also used to enhance the drivability and controllability of vehicles.

By type, damper shock absorbers segment is expected to have significant market growth during the forecast period. Damper shock absorbers offer various features, such as good adjustable configuration, reduction of force capacity by letting out the gas, and easy locking of the position of the dampers (either at the ends or the middle of the stroke). These are generally ensure cost-effective, reliable, and durable operations of the passenger cars, trucks, and light commercial vehicles to provide a stiff ride in some passenger cars, such as Maruti Suzuki Gypsy and Maruti Suzuki WagonR. These factors are projected to drive the demand for damper shock absorbers, especially for passenger cars over the forecast period, which in turn drives the market growth.

On the basis of geography, Asia Pacific region is expected to have considerable market growth during the forecast period, due to rising automotive production and increase in disposable income, especially in regional economies such as China, India, and Japan giving a new way for growth of the market. Moreover, rapid expansion in industrialization and technological advancements in the automotive production sector are anticipated to fuel the market in countries in the region.

Some of the key players in Automotive Shock Absorber Market include Samvardhana Motherson Group (SMG), Magneti Marelli S.p.A., ITT Corporation, Thyssenkrupp AG, ZF Friedrichshafen AG, Hitachi Automotive Systems, Ltd., Mando Corp, Delphi, Robert Bosch GmbH, Continental AG, Gabriel India Limited, Duro Shox Pvt Ltd., Arnott Inc., ACDelco, Inc., Zhejiang Sensen Auto Parts Co., Ltd., SHOWA CORPORATION, KYB Corporation, Tenneco Inc., and Meritor, Inc.

Vehicle Types Covered:
• Heavy Commercial Vehicles (HCV)
• Light Commercial Vehicles (LCV)
• Medium Commercial Vehicles
• Passenger Car
• Two Wheelers

Types Covered:
• Damper Shock Absorber
• Air Shock Absorber

Sales Channels Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket

Products Covered:
• Gas-filled Type Automotive Shock Absorbers
• Hydraulic Type Automotive Shock Absorbers

Applications Covered:
• Auto Production
• Machine Tools
• Industrial Automation

Designs Covered:
• Mono Tube Design
• Twin Tube Designs

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain 
o Rest of Europe      
• Asia Pacific
o Japan        
o China       
o India       
o Australia       
o New Zealand 
o South Korea        
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary    
     
2 Preface   
 
 2.1 Abstract   
 2.2 Stake Holders   
 2.3 Research Scope   
 2.4 Research Methodology   
  2.4.1 Data Mining  
  2.4.2 Data Analysis  
  2.4.3 Data Validation  
  2.4.4 Research Approach  
 2.5 Research Sources   
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions  
     
3 Market Trend Analysis    
 3.1 Introduction   
 3.2 Drivers   
 3.3 Restraints   
 3.4 Opportunities   
 3.5 Threats   
 3.6 Product Analysis   
 3.7 Application Analysis   
 3.8 Emerging Markets   
 3.9 Impact of Covid-19   
     
4 Porters Five Force Analysis    

 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry   
     
5 Global Automotive Shock Absorber Market, By Vehicle Type   
 
 5.1 Introduction   
 5.2 Heavy Commercial Vehicles (HCV)   
 5.3 Light Commercial Vehicles (LCV)    
 5.4 Medium Commercial Vehicles   
 5.5 Passenger Car   
  5.5.1 Mid-Size  
  5.5.2 Compact  
  5.5.3 Sport Utility Vehicle (SUV)  
  5.5.4 Luxury  
  5.5.5 Sports Car     
  5.5.6 Minicompact  
  5.5.7 Executive  
  5.5.8 Supermini  
  5.5.9 Multi-purpose Vehicle (MPV)  
 5.6 Two Wheelers   
     
6 Global Automotive Shock Absorber Market, By Type    
 6.1 Introduction   
 6.2 Damper Shock Absorber   
 6.3 Air Shock Absorber   
     
7 Global Automotive Shock Absorber Market, By Sales Channel    
 7.1 Introduction   
 7.2 Original Equipment Manufacturer (OEM)   
 7.3 Aftermarket   
     
8 Global Automotive Shock Absorber Market, By Product    
 8.1 Introduction   
 8.2 Gas-filled Type Automotive Shock Absorbers   
 8.3 Hydraulic Type Automotive Shock Absorbers   
     
9 Global Automotive Shock Absorber Market, By Application    
 9.1 Introduction   
 9.2 Auto Production   
 9.3 Machine Tools   
 9.4 Industrial Automation   
     
10 Global Automotive Shock Absorber Market, By Design    
 10.1 Introduction   
 10.2 Mono Tube Design   
 10.3 Twin Tube Designs   
  10.3.1 Position Sensitive Damping (PSD)  
  10.3.2 Gas Charged  
  10.3.3 Acceleration Sensitive Damping (ASD)  
      
11 Global Automotive Shock Absorber Market, By Geography    
 11.1 Introduction   
 11.2 North America   
  11.2.1 US  
  11.2.2 Canada  
  11.2.3 Mexico  
 11.3 Europe   
  11.3.1 Germany  
  11.3.2 UK  
  11.3.3 Italy  
  11.3.4 France  
  11.3.5 Spain  
  11.3.6 Rest of Europe  
 11.4 Asia Pacific   
  11.4.1 Japan  
  11.4.2 China  
  11.4.3 India  
  11.4.4 Australia  
  11.4.5 New Zealand  
  11.4.6 South Korea  
  11.4.7 Rest of Asia Pacific  
 11.5 South America   
  11.5.1 Argentina  
  11.5.2 Brazil  
  11.5.3 Chile  
  11.5.4 Rest of South America  
 11.6 Middle East & Africa   
  11.6.1 Saudi Arabia  
  11.6.2 UAE  
  11.6.3 Qatar  
  11.6.4 South Africa  
  11.6.5 Rest of Middle East & Africa  
     
12 Key Developments    
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures   
 12.2 Acquisitions & Mergers   
 12.3 New Product Launch   
 12.4 Expansions   
 12.5 Other Key Strategies   
     
13 Company Profiling    
 13.1 Samvardhana Motherson Group (SMG)   
 13.2 Magneti Marelli S.p.A.   
 13.3 ITT Corporation   
 13.4 Thyssenkrupp AG   
 13.5 ZF Friedrichshafen AG   
 13.6 Hitachi Automotive Systems, Ltd.   
 13.7 Mando Corp   
 13.8 Delphi   
 13.9 Robert Bosch GmbH   
 13.10 Continental AG   
 13.11 Gabriel India Limited   
 13.12 Duro Shox Pvt Ltd.   
 13.13 Arnott Inc.   
 13.14 ACDelco, Inc.   
 13.15 Zhejiang Sensen Auto Parts Co., Ltd.   
 13.16 SHOWA CORPORATION   
 13.17 KYB Corporation   
 13.18 Tenneco Inc.   
 13.19 Meritor, Inc.   


List of Tables     
1 Global Automotive Shock Absorber Market Outlook, By Region (2018-2027) ($MN)    
2 Global Automotive Shock Absorber Market Outlook, By Vehicle Type (2018-2027) ($MN)    
3 Global Automotive Shock Absorber Market Outlook, By Heavy Commercial Vehicles (HCV) (2018-2027) ($MN)    
4 Global Automotive Shock Absorber Market Outlook, By Light Commercial Vehicles (LCV) (2018-2027) ($MN)    
5 Global Automotive Shock Absorber Market Outlook, By Medium Commercial Vehicles (2018-2027) ($MN)    
6 Global Automotive Shock Absorber Market Outlook, By Passenger Car (2018-2027) ($MN)    
7 Global Automotive Shock Absorber Market Outlook, By Mid-Size (2018-2027) ($MN)    
8 Global Automotive Shock Absorber Market Outlook, By Compact (2018-2027) ($MN)    
9 Global Automotive Shock Absorber Market Outlook, By Sport Utility Vehicle (SUV) (2018-2027) ($MN)    
10 Global Automotive Shock Absorber Market Outlook, By Luxury (2018-2027) ($MN)    
11 Global Automotive Shock Absorber Market Outlook, By Sports Car (2018-2027) ($MN)    
12 Global Automotive Shock Absorber Market Outlook, By Minicompact (2018-2027) ($MN)    
13 Global Automotive Shock Absorber Market Outlook, By Executive (2018-2027) ($MN)    
14 Global Automotive Shock Absorber Market Outlook, By Supermini (2018-2027) ($MN)    
15 Global Automotive Shock Absorber Market Outlook, By Multi-purpose Vehicle (MPV) (2018-2027) ($MN)    
16 Global Automotive Shock Absorber Market Outlook, By Two Wheelers (2018-2027) ($MN)    
17 Global Automotive Shock Absorber Market Outlook, By Type (2018-2027) ($MN)    
18 Global Automotive Shock Absorber Market Outlook, By Damper Shock Absorber (2018-2027) ($MN)    
19 Global Automotive Shock Absorber Market Outlook, By Air Shock Absorber (2018-2027) ($MN)    
20 Global Automotive Shock Absorber Market Outlook, By Sales Channel (2018-2027) ($MN)    
21 Global Automotive Shock Absorber Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)    
22 Global Automotive Shock Absorber Market Outlook, By Aftermarket (2018-2027) ($MN)    
23 Global Automotive Shock Absorber Market Outlook, By Product (2018-2027) ($MN)    
24 Global Automotive Shock Absorber Market Outlook, By Gas-filled Type Automotive Shock Absorbers (2018-2027) ($MN)    
25 Global Automotive Shock Absorber Market Outlook, By Hydraulic Type Automotive Shock Absorbers (2018-2027) ($MN)    
26 Global Automotive Shock Absorber Market Outlook, By Application (2018-2027) ($MN)    
27 Global Automotive Shock Absorber Market Outlook, By Auto Production (2018-2027) ($MN)    
28 Global Automotive Shock Absorber Market Outlook, By Machine Tools (2018-2027) ($MN)    
29 Global Automotive Shock Absorber Market Outlook, By Industrial Automation (2018-2027) ($MN)    
30 Global Automotive Shock Absorber Market Outlook, By Design (2018-2027) ($MN)    
31 Global Automotive Shock Absorber Market Outlook, By Mono Tube Design (2018-2027) ($MN)    
32 Global Automotive Shock Absorber Market Outlook, By Twin Tube Designs (2018-2027) ($MN)    
33 Global Automotive Shock Absorber Market Outlook, By Position Sensitive Damping (PSD) (2018-2027) ($MN)    
34 Global Automotive Shock Absorber Market Outlook, By Gas Charged (2018-2027) ($MN)    
35 Global Automotive Shock Absorber Market Outlook, By Acceleration Sensitive Damping (ASD) (2018-2027) ($MN)    
     
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above. 

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