openPR Logo
Press release

Shock Absorber Market ISize 2023: Global Share, Industry And Report Analysis By 2030 | Unilever, Procter & Gamble, Reckitt Benckiser

01-12-2024 11:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Shock Absorber Market ISize 2023: Global Share, Industry

The global shock absorber market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. One of the major factors that are growing the market includes technological advancement in the shock-absorbing industry which is supporting in the improvement of a vehicle's performance, and consumers' experience. Over the past few years, the demand for advanced suspension systems has been growing in heavy-duty commercial vehicles across the globe as the applications of these vehicles growing.

These vehicles often work off-road for carrying, dumping, digging, and other heavy load works which require multiple highly efficient shock absorbers with advancements such as air dampers, continuous damping control, body roll control monitors, and air spring ride height sensors, and automatically deploying auxiliary suspensions. These advancements help in extending maintenance intervals, and vehicle lifecycles, improve tire wear, increase safety and handling, and help with driver recruiting and retention. These developments have enhanced the performance of the vehicle, which reflects in the growth of the commercial vehicle market as well. As per the data of Organisation Internationale des Constructeurs d'Automobiles (OICA), the commercial vehicle production reached 23,091,693 units in 2021 which is around 6% more than the production of commercial vehicles in 2020.

To Request a Sample of our Report on Shock Absorber Market: https://www.omrglobal.com/request-sample/shock-absorber-market

Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2024-2030

Segment Covered-

• By Type

• By Vehicle Type

• By Sales Channel

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

Competitive Landscape- including Hitachi, Ltd., KYB Americas Corp., Mando Corp., Tenneco Inc., ThyssenKrupp AG, and others.

Shock Absorber Market Report Segment

By Type

• Twin Tube

• Mono-Tube

By Vehicle Type

• Passenger Vehicles

• Commercial vehicles

By Sales Channel

• Original Equipment Manufacturer (OEM)

• Aftermarket

A full Report of Shock Absorber Market is Available @ https://www.omrglobal.com/industry-reports/shock-absorber-market

Shock Absorber Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Company Profiles

· ACDelco

· Arnott LLC

· BMW AG

· BWI Group

· ContiTech AG

· Datsons Engineering Works Pvt. Ltd.

· DMA Sales

· Duroshox Pvt Ltd.

· Endurance Technologies Ltd.

· Gabriel India Ltd. (Anand Group)

· ITT Inc.

· Kobe Suspensions

· Magneti Marelli After Market Parts and Services S.p.A.

· Marelli Holdings Co., Ltd

· Meritor Inc.

· QBAutomotive S

· amvardhana Motherson Auto System (SMAS) Pvt. Ltd.

· ZF Friedrichshafen AG

· ZHEJIANG SENSEN AUTO PARTS CO., LTD.

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Shock Absorber Market ISize 2023: Global Share, Industry And Report Analysis By 2030 | Unilever, Procter & Gamble, Reckitt Benckiser here

News-ID: 3350472 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for Shock

Global Cabin Shock Absorber Market Size by Application, Type, and Geography: For …
According to Market Research Intellect, the global Cabin Shock Absorber market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period. Driven by increasing need for improved vehicle comfort and safety across automotive and heavy-duty transportation sectors, the cabin
Cardiogenic Shock Treatment Market - Elevating Survival, Empowering Recovery: In …
Newark, New Castle, USA - new report, titled Cardiogenic Shock Treatment Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Cardiogenic Shock Treatment market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Cardiogenic Shock Treatment market. The report offers an overview of
Automotive Shock Absorbers Market: Ensuring Safe, Comfortable, and Smooth Drivin …
Automotive shock absorbers are hydraulic devices that absorb damp shock impulses from vehicles. Increase in production of vehicles and growing vehicle parc are driving demand for automotive shock absorbers across regions. Increased use of advanced shock absorbers such as regenerative shock absorbers is boosting market growth. Demand for hydraulic shock absorbers will continue to remain high over the next ten years, with this type holding more than two-third market share
Automotive Gas Shock Absorbers Market Forecast to 2028 Covid-19 Impact and Globa …
Automotive Gas Shock Absorbers is a device which dampens and absorbs shock impulses and reduces the effect of terrain on uneven roads. These shock absorbers ensure the driving comfort and safety of the passengers. The automotive gas shock absorber market is expected to grow tremendously due to increase in the sales of commercial and passenger vehicles and also because of the rising concern for safety. The research report focuses on the
Automotive Shock Absorbers Market
Automotive Shock Absorbers Market 2021-2027 Research Report provides a detailed analysis of global Automotive Shock Absorbers industry competition, driving forces, trends, opportunities, challenges, risks, sales channels, distributors and analysis of Porter’s five forces. This Automotive Shock Absorbers report examines the market size of Automotive Shock Absorbers Market by the top player, regions, array type, measurement, application, and industry. Download Sample Copy of this Report @ https://www.marketstatsville.com/request-sample/automotive-shock-absorbers-market With the clear insight this report
Extracorporeal Shock Wave Lithotripsy Machine Market Report 2018: Segmentation b …
Global Extracorporeal Shock Wave Lithotripsy Machine market research report provides company profile for Dornier, Richard-Wolf, MTS, DirexGroup, Siemens, EDAP TMS, Storz, Medispec, WIKKON, HYDE, Sody, Haibin, Comermy and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to