The global Shock Absorbers market was valued at US$ 11140 million in 2022 and is projected to reach US$ 12810 million by 2029, at a CAGR of 2.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Shock Absorbers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Shock Absorbers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Shock Absorbers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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.
This report aims to provide a comprehensive presentation of the global market for Shock Absorbers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shock Absorbers. This report contains market size and forecasts of Shock Absorbers in global, including the following market information:
- Global Shock Absorbers Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Shock Absorbers Market Sales, 2018-2023, 2024-2030, (K Units)
- Global top five Shock Absorbers companies in 2022 (%)
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.
We surveyed the Shock Absorbers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Shock Absorbers Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Shock Absorbers Market Segment Percentages, by Type, 2022 (%)
- Hydraulic
- Pneumatic
- Other
Global Shock Absorbers Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Shock Absorbers Market Segment Percentages, by Application, 2022 (%)
Global Shock Absorbers Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Shock Absorbers Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Shock Absorbers revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Shock Absorbers revenues share in global market, 2022 (%)
- Key companies Shock Absorbers sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Shock Absorbers sales share in global market, 2022 (%)
key players include:
- 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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Shock Absorbers, market overview.
Chapter 2: Global Shock Absorbers market size in revenue and volume.
Chapter 3: Detailed analysis of Shock Absorbers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Shock Absorbers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Shock Absorbers capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
