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Download Free sampleA 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.
Shock Absorber Market contains market size and forecasts of Shock Absorber in global, including the following market information:
Global Shock Absorber Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Shock Absorber Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Shock Absorber companies in 2021 (%)
The global Shock Absorber market was valued at 11140 million in 2021 and is projected to reach US$ 12890 million by 2028, at a CAGR of 2.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Single-Tube Shock Absorbers Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Shock Absorber include ZF, TENNECO, KYB Corporation, Hitachi Automotive Systems, Showa Corporation, Mando, Magneti Marelli, Bilstein and Nanyang Cijan Automobile, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Shock Absorber 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 Absorber Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Shock Absorber Market Segment Percentages, by Type, 2021 (%)
Single-Tube Shock Absorbers
Twin-Tube Shock Absorbers
Global Shock Absorber Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Shock Absorber Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicles
Commercial Vehicles
Global Shock Absorber Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Shock Absorber Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Shock Absorber revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Shock Absorber revenues share in global market, 2021 (%)
Key companies Shock Absorber sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Shock Absorber sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ZF
TENNECO
KYB Corporation
Hitachi Automotive Systems
Showa Corporation
Mando
Magneti Marelli
Bilstein
Nanyang Cijan Automobile
KONI
ADD Industry
Gabriel
ALKO
KW
Ohlins
BC Racing
Tein inc
Eibach
D2
H&R
HSK
AST suspension
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