Press release
Automotive Damping Control Unit Market– Opportunities in Key Application Sectors by 2025
The main objective of this report is to define, describe, and forecast the global “Automotive Damping Control Unit ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Damper is mechanical or hydraulic device designed to absorb and damp shock impulses. It does this by converting kinetic energy of the shock into another form of energy which is then dissipated.
Automotive suspension has evolved since its inception, with additional focus currently directed toward dampers. Dampers play an important role while driving and is used in various parts of a vehicle. Manufacturers want to provide a comfortable ride to their customers. Increased daily commute distances due to expanding cities globally and the desire to ride smoothly to minimize the jerks on rough surfaced roads is expected to propel the dampers market in the next two to four years. Absence of gas separator piston to separate gas from oil can result in the gas and oil mixing, thus reducing the damping force, which leads to high replacement and maintenance cost.
The global automotive damping control unit market is segmented based on types, application, vehicles, and region. Based on types, the market is divided into hydraulic damper, lever type, telescopic directing acting, single tube, and double tube.
Hydraulic dampers are mostly used in various applications. The dissipation of energy in these dampers occurs by pumping oil through small orifices. Resistance of the hydraulic damper increases with the increase of the speed of spring deflection. The resistance to spring movement can be applied to the rebound stroke only (in case of single-acting unit), or to both the bump and rebound strokes (in case of double-acting unit), or a differential action can be offered by resisting both strokes but causing a greater action on the rebound by the damper. The lever type and direct acting (telescopic) type are the two main categories of hydraulic dampers. In a lever-type damper, the damper unit is fixed to the frame and joined by a lever and link to the axle. The horizontal cylinder uses two pistons, which are equipped with recuperator and pressure valves. Telescopic direct acting type of damper is directly connected between the body and the suspension member, which moves with the road wheel. The damper is made either as a separate bolt-on unit or as an integral part of a suspension system. Direct-acting dampers are made in single-tube and twin-tube forms.
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Based on vehicle types, the automotive damping unit market can be segmented into passenger vehicles and heavy commercial vehicles. Demand for heavy commercial vehicle is high because of industrialization.
Based on application, the automotive damping control unit market can be segregated into doors, handles, seat arm rests, steering, ashtrays, and cup holders. Out of those applications, use of dampers is very high in the doors segment.
Based on region, the automotive damping control unit market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific holds the major share of the global automotive damping control unit market. In Asia Pacific, government policies are very supportive regarding industrlization so automotive industry is continuously increasing. These would increase the market of automotive damping control unit in upcoming years.
Some of the key players in the automotive damping control unit are ZF Friedrichshafen AG, Tenneco, KYB, Bilstein, Magneti Marelli, Mando, Showa, Federal mogul Anand sealing india pvt ltd, Escorts Group, Duroshox, and Ningjiang Shanchuan.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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