Automotive Shock Absorber Market
Automotive Shock Absorber - Global Market Outlook (2019-2027)
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.
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
Table of Contents
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.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
