Automotive Damper and Shock Absorbers Research:CAGR of 3.4% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Automotive Damper and Shock Absorbers- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



The global market for Automotive Damper and Shock Absorbers was estimated to be worth US$ 13090 million in 2023 and is forecast to a readjusted size of US$ 16540 million by 2030 with a CAGR of 3.6% during the forecast period 2024-2030.



【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】

https://www.qyresearch.com/reports/3392714/automotive-damper-and-shock-absorbers





Automotive Damper and Shock Absorbers Market Summary

A shock absorber or damper is a mechanical or hydraulic device designed to absorb and damp shock impulses. 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.



The intelligentization of vehicle suspension system mainly involves electronically controlled shock absorbers. The electronic control technology of suspension makes passive suspension develop towards semi-active suspension and active suspension. The electronically controlled suspension system is a new type of suspension structure that can meet the two mutually exclusive performance requirements of smoothness and maneuverability by controlling and adjusting the stiffness of the suspension and the damping of the shock absorber or other components. Its working principle is that the sensor collects the suspension vibration signal, vehicle driving status, road surface information and other data and transmits it to the controller. The controller returns the control signal to the actuator according to the designed control strategy, so as to adjust the damping properties and elastic coefficient of the suspension system in real time. With the rapid development of automotive electronic technology, the continuous enrichment of the functions of the electronic control unit module, the continuous reduction of the cost of sensors and controllers and the continuous improvement of accuracy, it provides conditions for the application of electronically controlled suspension systems.

The electronically controlled air suspension system is a major breakthrough in the automotive suspension industry since the independent suspension was introduced. At present, the electronically controlled air suspension system has begun to be used in commercial vehicles and luxury cars in European and American countries. However, from a domestic perspective, compared with traditional passive suspension systems, electronically controlled suspensions have complex structures, high costs, difficult operations, and high energy consumption, which to some extent hinders the promotion and application of electronically controlled suspension systems. With the development of vehicle control technology, electronic control will gradually replace traditional mechanical control, and electronically controlled suspension will become a development direction of automotive suspension technology.

According to the new market research report "Global Automotive Damper and Shock Absorbers Market Report 2024-2030", published by QYResearch, the global Automotive Damper and Shock Absorbers market size is projected to reach USD 16.54 billion by 2030, at a CAGR of 3.4% during the forecast period.

Global Automotive Damper and Shock Absorbers MarketSize(US$ Million), 2019-2030
241219-151543.webp (15 KB)

Above data is based on report from QYResearch: Global Automotive Damper and Shock Absorbers Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

Global Automotive Damper and Shock Absorbers Top23Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
241219-151621.webp (26 KB)

Above data is based on report from QYResearch: Global Automotive Damper and Shock Absorbers Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Automotive Damper and Shock Absorbers include Tenneco, ZF, KYB Corporation, Hitachi Astemo, HL Mando, Bilstein, Marelli, BWI Group, Fawer, Nanyang Cijan Automobile, etc. In 2023, the global top 10 players had a share approximately 80.0% in terms of revenue.

Automotive Damper and Shock Absorbers,Global Market Size, Split by Product Segment
241219-151644.webp (22 KB)

Based on or includes research from QYResearch: Global Automotive Damper and Shock Absorbers Market Report 2024-2030.

In terms of product type, currently Conventional Shock Absorber is the largest segment, hold a share of 88.8%.

In terms of product application, currently OEM is the largest segment, hold a share of 78.4%.







The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The Automotive Damper and Shock Absorbers market is segmented as below:

By Company

Tenneco
ZF
KYB Corporation
Hitachi Astemo
HL Mando
Bilstein
Marelli
BWI Group
Fawer
Nanyang Cijan Automobile
KONI
Ningjiang Shanchuan
ADD Industry
Gold
KW
Gabriel
Chengdu Jiuding
Wanxiang Qianchao
SNT Motiv
Tein inc
BC Racing
SENSEN
Roadtamer



Segment by Type

Conventional Shock Absorber
Electronic Shock Absorber



Segment by Application

OEM
Aftermarket



Each chapter of the report provides detailed information for readers to further understand the Automotive Damper and Shock Absorbers market:

Chapter 1: Introduces the report scope of the Automotive Damper and Shock Absorbers report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)

Chapter 2: Detailed analysis of Automotive Damper and Shock Absorbers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)

Chapter 3: Provides the analysis of various Automotive Damper and Shock Absorbers market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)

Chapter 5: Sales, revenue of Automotive Damper and Shock Absorbers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)

Chapter 6: Sales, revenue of Automotive Damper and Shock Absorbers in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Automotive Damper and Shock Absorbers competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Automotive Damper and Shock Absorbers comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Automotive Damper and Shock Absorbers market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global and United States Automotive Damper and Shock Absorbers Market Report & Forecast 2024-2030
Global Automotive Damper and Shock Absorbers Market Insights, Forecast to 2030
Global Automotive Damper and Shock Absorbers Market Research Report 2024
Automotive Damper and Shock Absorbers - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Automotive Damper and Shock Absorbers Market Research Report 2023
Global Automotive Damper and Shock Absorbers Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global Automotive Damper and Shock Absorbers Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Global and United States Automotive Damper and Shock Absorbers Market Report & Forecast 2022-2028
United States Automotive Damper and Shock Absorbers Market Report & Forecast 2021-2027

About Us：

QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 17 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
EN: https://www.qyresearch.com
Email: global@qyresearch.com
Tel: 001-626-842-1666(US)  
JP: https://www.qyresearch.co.jp

This release was published on openPR.