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Download Free sampleThe global Automotive Shock Absorber market was valued at 1079.56 Million USD in 2021 and will grow with a CAGR of 1.49% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of Automotive Shock Absorber Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automotive Shock Absorber Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A shock absorber or damper is a mechanical or hydraulic device designed to absorb and damp shock impulses. 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.By region, China`s consumption share was the highest in 2019, at more than 27 percent. The leading producers in the industry are ZF, TENNECO and KYB Corporation, accounting for 19.33%, 15.89% and 13.02% of revenues respectively.
By Market Verdors:
ZF
TENNECO
KYB Corporation
Hitachi Automotive Systems
Showa
Mando
Magneti Marelli
Bilstein
Nanyang Cijan Automobile
KONI
ADD Industry
Gabriel
ALKO
Roberto Nuti
Endurance
By Types:
Single-Tube Shock Absorbers
Twin-Tube Shock Absorbers
By Applications:
Passenger Vehicles
Commercial Vehicles
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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