Press release
Automotive Shock Absorber Market 2018 Key Country Analysis By Top Companies: Meritor, ZF Friedrichshafen, Delphi, Gabriel, Hitachi, KYB Europe, SHOWA Corporation, Tenneco, Koni BV, Thyssenkrupp Bilstein
Automotive Shock Absorber Market 2018 Global Automotive Industry Trends, Size, Share, Sales and Regional Analysis Report, include historic data, with forecast data to 2023. Automotive Shock Absorber Market research report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And key players outlook.Global Automotive Shock Absorber Market is growing at highest CAGR during forecast period of four years from 2018. Automotive Shock Absorber Market is segmented by Type (Air Shock Absorber, Damper Shock Absorber, and Others), Vehicle Type (Passenger car and Commercial Vehicle), Sales Channel (OEM and Aftermarket), and region in this report.
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Competitive Landscape
The global Automotive Shock Absorber Market is highly competitive. The market players are leveraging various strategies such as acquisitions, partnerships, and investments to stay ahead of the competition in the global Automotive Shock Absorber Market. The market participants are trying to come up with advancements in the Automotive Shock Absorbers.
Automotive Shock Absorber Market Key Players Studied In This Report Are: The Meritor, Inc. (U.S.), ZF Friedrichshafen AG (Germany), Delphi Automotive Plc. (U.K.), Gabriel India Ltd. (India), Hitachi, Ltd. (Japan), KYB Europe G.M.B.H (Germany), SHOWA Corporation (Japan), Tenneco Inc. (U.S.), Koni BV (Netherlands), Thyssenkrupp Bilstein Gmbh (Germany) and others.
Market Scenario:
Shock Absorber is an important component of vehicles. Their main purpose is to absorb energy so as to provide a comfort ride to the passenger. It is a mechanical device used to absorb shock impulses. It converts kinetic energy in another form of energy, typically in heat form. Shock absorbers are mainly used in suspension systems to reduce the jerks created due to rough terrain roads. The main purpose of a shock absorber is to improve the ride for the passenger. Shock absorbers are not only used in automotive but also are used in landing gear of an aircraft, industrial machinery, and others. In automotive application, shock absorbers used are mainly damper shock absorbers and air shock absorbers.
One of the factors which drives the growth of the automotive shock absorber market is growing demand and increase in the production of vehicles. The growing demand of the production of vehicle has been seen an increase from past years due to increase in demand in countries such as India and China. This increase in the product of the vehicle have led to growing use of Shock Absorber in the vehicle. This increase in usage will drive the Shock Absorber market during the forecast period. The other factors that are responsible for the growth of Shock Absorber market are advancement in the automotive technology and improve ride comfort for the passengers. The advancement in automotive industry have led the automotive manufacturers to innovate their products in order to sustain the market. This innovation in technology have led to the growth of the market during the forecast period. The increase concern for the comfort among the passenger have led to growing use of shock absorber in the vehicles. This growing demand of shock absorber will drive the shock absorber market during the forecast period.
Segmentation:
The global Automotive Shock Absorber market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Type: Comprises Air Shock Absorber, Damper Shock Absorber, and Others.
Segmentation by Vehicle Type: Comprises Passenger car and Commercial Vehicle.
Segmentation by Sales Channel: Comprises OEM and Aftermarket.
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Regional Analysis
On the basis of region, the market has been segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the market during the forecast period due to increase in the production of vehicles in emerging countries such as China, India, and Japan. North America is expected to be the second largest market due to higher innovation in the shock absorbers. Europe is expected to be the third largest region during the forecast period.
The report for Global Automotive Shock Absorber Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
List of Tables:
Table 1 Global Automotive Shock Absorber Market: By Region, 2017-2023
Table 2 North America Automotive Shock Absorber Market: By Country, 2017-2023
Table 3 Europe Automotive Shock Absorber Market: By Country, 2017-2023
Table 4 Asia-Pacific Automotive Shock Absorber Market: By Country, 2017-2023
Table 5 RoW Automotive Shock Absorber Market: By Country, 2017-2023
Table 6 Global Automotive Shock Absorber Market, By Type, By Regions, 2017-2023
Table 7 North America Automotive Shock Absorber Market, By Type, By Country, 2017-2023
Table 8 Europe Automotive Shock Absorber Market, By Type, By Country, 2017-2023
Table 9 Asia-Pacific Automotive Shock Absorber Market By Type, By Country, 2017-2023
Table 10 RoW Automotive Shock Absorber Market By Type, By Country, 2017-2023
Table 11 Global Automotive Shock Absorber By End-Use Market: By Regions, 2017-2023
Continued…
List Of Figures:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 GLOBAL Automotive Shock Absorber MARKET SHARE, BY Type, 2016 (%)
FIGURE 9 GLOBAL Automotive Shock Absorber MARKET, BY Type, 2015-2023 (USD MILLION)
FIGURE 10 GLOBAL Automotive Shock Absorber MARKET SHARE, BY Vehicle Type, 2016 (%)
Continued…
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