Press release
Automotive Shock Absorber Market to Reach USD 18.47 Bn by 2030 at 7.2% CAGR
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐จ๐๐ค ๐๐๐ฌ๐จ๐ซ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ
The Automotive Shock Absorber Market is witnessing steady growth, driven by the increasing demand for enhanced vehicle comfort and safety. As consumer preferences shift towards smoother and more stable rides, the need for advanced shock absorbers in both passenger and commercial vehicles is rising. The market is also benefiting from the expansion of the automotive industry in emerging economies, where vehicle production and sales are on the rise. Additionally, the trend towards electric vehicles (EVs) is influencing the development of lightweight and efficient shock absorbers, further propelling market demand.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐จ๐๐ค ๐๐๐ฌ๐จ๐ซ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The automotive shock absorber market was estimated to be worth USD 11.35 billion in 2023, and from 2024 to 2030, it is projected to rise at a compound annual growth rate (CAGR) of 7.2% to reach over USD 18.47 billion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/55709/
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐จ๐๐ค ๐๐๐ฌ๐จ๐ซ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
by Vehicle
Passenger Cars
LCVs
HCVs
Two Wheelers
The market is divided into four segments: Passenger Cars, LCVs, HCVs, and Two Wheelers, based on the kind of vehicle. By 2030, the two-wheeler sector is anticipated to have the most market share of %. It is anticipated that the growing emphasis on electric and hybrid vehicles will help manufacturers. Companies including ZF Friedrichshafen AG, Hitachi Automotive Systems, Tenneco Inc., and KYB Corporation offer automotive shock absorbers for a range of vehicle types and designs. Demand for shock absorbers for two-wheelers is anticipated to be directly impacted by two-wheeler sales and production over the forecast period of 2024-2030. Lightweight shock absorbers are being developed in large part because two-wheelers are implementing innovative technologies to decrease weight and increase durability.
by Product Type
Hydraulic Type
Gas-filled Type
by Sales Channel
OEMs
Aftermarket
The market is divided into OEMs and Aftermarket segments based on the sales channel. During the projected period of 2024-2030, the OEMs sales channel sector is anticipated to increase significantly at a CAGR of %. Since millions of new cars are fitted with shock absorbers every year, shock absorbers are in high demand from OEMs. Even though OEM demand and replacement market demand for shock absorbers are steady, they still make up one-third of total shock absorber sales.
by Design
Twin Tube Design
Mono-Tube Design
The market is divided into Twin Tube Design and Mono-Tube Design categories based on design. During the projection period of 2024-2030, the Twin Tube Design and Mono-Tube Design sectors are anticipated to increase at a CAGR of xx% and xx%, respectively. Twin tube and mono tube designs are frequently used in shock absorbers. A damping force is produced by oil flowing between the two cylinders that make up a twin tube shock. A piston valve divides the single oil-filled cylinder in a mono tube twin shock from the other. Compared to twin tube shocks, mono tube shocks offer a superior ride quality and a greater dampening capacity. However, many manufacturers prefer twin tube shocks since they are less expensive than mono tube shocks.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐จ๐๐ค ๐๐๐ฌ๐จ๐ซ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
The Automotive Shock Absorber Market is poised for significant growth as the demand for improved vehicle performance, safety, and comfort continues to rise. Shock absorbers play a crucial role in ensuring a smooth ride by absorbing and dampening the impact of road irregularities. The market is driven by the expansion of the automotive sector, particularly in emerging markets, and the increasing adoption of electric vehicles, which require advanced shock absorber systems. Additionally, technological advancements and the development of lightweight materials are expected to further boost the market during the forecast period.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/55709/
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐จ๐๐ค ๐๐๐ฌ๐จ๐ซ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ?
The research includes in-depth examinations of the Middle East, South America, Europe, Africa, and Asia-Pacific region. Understanding the intricate dynamics of the Automotive Shock Absorber Market is one aspect of regional analysis. A framework of product imports and exports by nations and regions, as well as market sizes and growth rates for Automotive Shock Absorber, are included in the report. An overview of the most current developments in the field from a number of different countries and areas is given in this paper.
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐จ๐๐ค ๐๐๐ฌ๐จ๐ซ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The Automotive Shock Absorber Market covers the global industry focused on the production and sale of shock absorbers, which are essential components in vehicle suspension systems. The market scope includes various types of shock absorbers, such as hydraulic, gas-filled, and electronic, across different vehicle segments like passenger cars, commercial vehicles, and two-wheelers. The methodology for analyzing this market involves evaluating key factors like technological advancements, regulatory standards, and consumer demand, coupled with a detailed assessment of major market players and regional market dynamics. Research typically combines primary data from industry experts and secondary data from industry reports, financial records, and market analysis to provide a comprehensive view of current trends and future growth prospects.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/55709/
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐จ๐๐ค ๐๐๐ฌ๐จ๐ซ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Brinn Inc.
2. BWI Group
3. Continental AG
4. Datsons Engineering Works Pvt. Ltd.
5. DMA Sales, Inc.
6. Duroshox
7. Endurance Technologies Limited
8. FCS Auto
9. Halla Holdings Corp.
10. Hitachi Automotive Systems, Ltd.
11. Kobe Suspensions
12. KYB
13. LEACREE Company
14. Magneti Marelli S.p.A.
15. QBAutomotive
16. Ride Control, LLC
17. Robert Bosch GmbH
18. Samavardhana Motherson Group
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐: https://www.maximizemarketresearch.com/market-report/automotive-shock-absorber-market/55709/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ก๐จ๐๐ค ๐๐๐ฌ๐จ๐ซ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Automotive Shock Absorber?
โข What is the growth rate of the Automotive Shock Absorber?
โข Which are the factors expected to drive the Automotive Shock Absorber Market growth?
โข What are the different segments of the Automotive Shock Absorber?
โข What growth strategies are the players considering to increase their presence in Automotive Shock Absorber?
โข What are the upcoming industry applications and trends for the Automotive Shock Absorber?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Shock Absorber?
โข What major challenges could the Automotive Shock Absorber face in the future?
โข What segments are covered in the Automotive Shock Absorber?
โข Who are the leading companies and what are their portfolios in Automotive Shock Absorber?
โข What segments are covered in the Automotive Shock Absorber?
โข Who are the key players in the Automotive Shock Absorber Market?
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
โฆ Wood Truss Market https://www.maximizemarketresearch.com/market-report/global-wood-truss-market/100679/
โฆ Global Data Backup and Recovery Market https://www.maximizemarketresearch.com/market-report/global-data-backup-and-recovery-market/875/
โฆ Global Engineered Quartz Surface Market https://www.maximizemarketresearch.com/market-report/global-engineered-quartz-surface-market/115729/
โฆ Global Enterprise Video Content Management Market https://www.maximizemarketresearch.com/market-report/global-enterprise-video-content-management-market/24865/
โฆ Global Content Distribution Platform Market https://www.maximizemarketresearch.com/market-report/global-content-distribution-platform-market/109151/
โฆ Global Collimator Market https://www.maximizemarketresearch.com/market-report/global-collimator-market/70234/
โฆ Graphite Recycling Market https://www.maximizemarketresearch.com/market-report/graphite-recycling-market/185612/
โฆ Global Lesch-Nyhan Syndrome Market https://www.maximizemarketresearch.com/market-report/global-lesch-nyhan-syndrome-market/91116/
โฆ Global Cork Material Market https://www.maximizemarketresearch.com/market-report/global-cork-material-market/102822/
โฆ Global Digital Mobile Radio (DMR) Market https://www.maximizemarketresearch.com/market-report/global-digital-mobile-radio-dmr-market/63106/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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 Automotive Shock Absorber Market to Reach USD 18.47 Bn by 2030 at 7.2% CAGR here
News-ID: 3655247 • Views: โฆ
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD
GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Sma โฆ
GPS Tracking Device Market size was valued at USD 3.50 Billion in 2024 and the total GPS Tracking Device revenue is expected to grow at a CAGR of 13.1% from 2025 to 2032, reaching nearly USD 9.38 Billion.
GPS Tracking Device Market Overview:
The GPS tracking device market is entering a dynamic growth phase, propelled by mounting demand in logistics, automotive, personal safety, and healthcare industries. Innovations such as IoT integration, telematics,โฆ
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2 โฆ
The Iron and Steel Slag Market size was valued at USD 25.81 Billion in 2024 and the total Iron and Steel Slag revenue is expected to grow at a CAGR of 1.5% from 2025 to 2032, reaching nearly USD 29.08 Billion.
Iron and Steel Slag Market Overview:
Iron and steel slag, a byproduct of metal smelting, is emerging as a linchpin in modern industrial ecosystems. Far from being waste, this versatile materialโฆ
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% โฆ
The Shooting Ranges Market size was valued at USD 1.40 Billion in 2024 and the total Shooting Ranges revenue is expected to grow at a CAGR of 7.85% from 2025 to 2032, reaching nearly USD 2.57 Billion.
Shooting Ranges Market Overview:
Shooting ranges serve as specialized facilities-both indoor and outdoor-where firearms and archery training, recreational shooting, and competitive events take place in controlled, safe environments. These venues support a wide spectrum ofโฆ
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone R โฆ
The Fuel Cell UAV Market size was valued at USD 1661.38 Million in 2024 and the total Fuel Cell UAV revenue is expected to grow at a CAGR of 13.95% from 2025 to 2032, reaching nearly USD 4722.62 Million.
Fuel Cell UAV Market Overview:
Fuel-cell-powered unmanned aerial vehicles (UAVs) are swiftly redefining the drone landscape with their promise of prolonged flight times and greener operations. Leading aerospace innovators and emerging startups alikeโฆ
More Releases for Auto
Auto Leads: Revolutionizing Lead Generation for Auto Detailers
Auto Leads, a digital marketing company specializing in helping auto detailers grow their businesses, has quickly become a leader in lead generation for the industry. Founded by Austin Kennedy, a former auto detailer with three years of hands-on experience, Auto Leads offers a solution to help detailers attract high-quality customers, particularly for premium services like Ceramic Coating.
What Auto Leads Is
Auto Leads focuses on digital marketing solutions for auto detailing businesses,โฆ
Winter Park Auto Repair: Cech Auto Unveils Auto Repair Financing, Expert Service โฆ
Image: https://www.getnews.info/wp-content/uploads/2024/10/1730165920.png
Cech Auto announces the launch of flexible auto repair financing, offering Winter Park customers accessible payment solutions for essential vehicle maintenance and repairs.
A leading Winter Park auto repair [https://www.cechauto.com/] shop, Cech Auto unveils its new auto repair financing option, providing customers with flexible payment solutions for all repair services. With competitive financing plans available, Cech Auto makes essential vehicle maintenance and repairs more accessible, ensuring that customers can addressโฆ
Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide
Newsdesk, March 22, 2024 - Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide Employing state-of-the-art tools and technology, the company ensures a seamless, hassle-free experience for clients.
Auto Locksmith America, a prominent auto locksmith company headquartered in Mississippi, unveils its latest suite of services and enticing offers tailored to cater to a spectrum of auto locksmith needs. With nearly 14 years of steadfast service, the company stands as a beacon ofโฆ
Auto Chess Game Market | Auto Chess, Dota Auto Chess, Hearthstone, Honor Of King โฆ
The global auto chess game market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the auto chess game market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growthโฆ
E-Commerce Automotive Aftermarket | (Flipkart, eBay, Auto Zone, Advance Auto Par โฆ
The growing emergence of creative business models is one of the pivotal factors propelling e-commerce automotive aftermarket industry share. At present, the store, brokerage, and social commerce models have been intensely contributing toward the growth of online commerce. Taking into account the growing popularity of electronic commerce across the automotive sector, many giants in e-commerce automotive aftermarket have been making heavy investments to enhance their storage capacity by developing newโฆ
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE
Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle.
The company providesโฆ
