Automotive Shock Absorber Market 2019 Global Size, Growth, Share, Trends, And Regional Outlook to 2025 is latest report published by Market Research Future. Global Automotive Shock Absorber Market is to grow at healthy 5.12% CAGR by 2025.
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Automotive Shock Absorber Market 2019 Global Size, Growth, Share, Trends, And Regional Outlook to 2025 is latest report published by Market Research Future. Global Automotive Shock Absorber Market is to grow at healthy 5.12% CAGR by 2025. Global Automotive Shock Absorber Market by Type (Air Shock Absorber, Damper Shock Absorber and others), Vehicle Type (Passenger Car and Commercial Vehicle), Sales Channel (OEM and Aftermarket) and Regional Forecast To 2025.
Automotive Shock Absorber Key Players Analyzed in Report:
ZF Friedrichshafen AG (Germany), KYB Corporation (Japan), Thyssenkrupp AG (Germany), Hitachi Automotive Systems Ltd. (Japan), Tenneco Inc. (US), Mando Corp (South Korea), Meritor Inc. (US), SHOWA Corporation (Japan), KONI BV (Netherlands), and Gabriel India Ltd. (India).
Get Free Sample “Automotive Shock Absorber Market Research Report-Global Forecast till 2023” at: https://www.marketresearchfuture.com/sample_request/4891
Automotive Shock Absorber Market Highlights:
Market Research Future has rolled out a new market research report titled ‘Automotive Shock Absorber Market: Global Analysis, which examines the market and offers critical insights for the next five years. Based on findings specified in the report, the market is expected to witness a mounting demand for comfortable options and growing automotive vehicle productions as well. These are projected to drive the global automotive shock absorbers market in substantial ways.
The report covers segmentation and the market dynamics for a better glimpse of the market in the coming years. Shock absorbers are generally oil pumps, wherein a piston is attached to the end of a piston rod and functions against hydraulic fluid in the pressure tube. The automotive shock absorber market is primarily driven by factors, such as the rising demand for passenger cars and commercial vehicles, the expansion of global auto-manufacturers in emerging economies, and the low cost of automotive aftermarket parts and components.
Growing advancements in passenger transportation options along with rising demands for comfortable options for the passenger are some of the key factors that are driving automotive shock absorber market over the forecast period. Moreover, advancement in technology in the automotive industry coupled with increasing automotive industry has highly motivated the market of the automotive shock absorber.
Furthermore, the increase in the usage of the shock absorber is continuously resulting in the growth of the market during the forecast period. Currently, the manufacturers are moving towards advancement in technology and making a tremendous improvement in the overall suspension system.
Global Automotive Shock Absorber Market Segments:
The global automotive shock absorber market is segmented based on type, vehicle type, sales channel, and region.
Based on type, the global automotive shock absorber market is segmented into air shock absorber, damper shock absorber, and others. The damper shock absorber segment accounted for the largest market share of 75.4% in 2018, with a market value of USD 12,005.4 million; the market is expected to register a CAGR of 4.45% during the forecast period. The air shock absorber segment was the second largest, valued at USD 3,257.4 million; it is projected to register the highest CAGR of 6.02%.
Based on vehicle type, the global automotive shock absorber market can be divided into passenger car and commercial vehicle. The passenger car segment accounted for the larger market share of 74.6% in 2018, with a market value of USD 11,873.4 million; the market is expected to register a CAGR of 4.46% during the forecast period. The commercial vehicle segment was valued at USD 4,046.8 million; it is projected to register the higher CAGR of 5.48%.
Based on sales channel, the global automotive shock absorber market can be divided into OEM and Aftermarket. The OEM segment accounted for the larger market share of 64.8% in 2018, with a market value of USD 10,321.6 million; the market is expected to register a CAGR of 3.91% during the forecast period. The aftermarket segment was valued at USD 5,598.6 million; it is projected to register the higher CAGR of 6.12%.
Global Automotive Shock Absorber Market Regional Overview:
Regionally, the automotive shock absorber market has covered the regions as North America, Asia Pacific, Europe, and Rest of the World. Of these, the Asia Pacific region is expected to lead the market during the forecast period owing to an increase in the production of vehicles in emerging countries such as China, India, and Japan. Whereas, North America is expected to be witnessed as the second largest market owing to higher innovation in the shock absorbers. And, Europe is also likely to be the third largest region during the forecast period.
TABLE OF CONTENTS:
1 Executive Summary
2 Market Introduction
2.1 Definition 16
2.2 Scope Of The Study 16
2.3 List Of Assumptions 17
2.4 Market Structure 17
2.5 Market Attractiveness Analysis 18
2.6 Global Automotive Shock Absorber Market, By Type 19
2.7 Global Automotive Shock Absorber Market, By Vehicle Type 20
2.8 Global Automotive Shock Absorber Market, By Sales Channel 21
2.9 Key Buying Criteria 21
3 Research Methodology
3.1 Research Process 22
3.2 Primary Research 23
3.3 Secondary Research 24
3.4 Market Size Estimation 25
3.5 Forecast Model 25
Continued…
List Of Tables:
TABLE 1 LIST OF ASSUMPTIONS 17
TABLE 2 REGULATORY LANDSCAPE: AUTOMOTIVE SHOCK ABSORBER 34
TABLE 3 MAJOR GRANTED PATENTS ON AUTOMOTIVE SHOCK ABSORBER MARKET (JULY 01, 2015 – JULY 01, 2019) 36
TABLE 4 GLOBAL AUTOMOTIVE SHOCK ABSORBER MARKET, BY TYPE, 2017–2025 (USD MILLION) 47
TABLE 5 SUB-SEGMENT: DAMPER SHOCK ABSORBER: GLOBAL AUTOMOTIVE SHOCK ABSORBER MARKET, BY DAMPER TYPE, 2017–2025 (USD MILLION) 47
TABLE 6 GLOBAL AUTOMOTIVE SHOCK ABSORBER MARKET, BY VEHICLE TYPE, 2017-2025 (USD MILLION) 49
Continued…
LIST OF FIGURES:
FIGURE 1 MARKET SYNOPSIS 15
FIGURE 2 GLOBAL AUTOMOTIVE SHOCK ABSORBER MARKET: MARKET STRUCTURE 17
FIGURE 3 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL AUTOMOTIVE SHOCK ABSORBER MARKET, 2018, BY REGION 18
FIGURE 4 GLOBAL AUTOMOTIVE SHOCK ABSORBER MARKET, BY TYPE, 2017-2025 (USD MILLION) 19
FIGURE 5 GLOBAL AUTOMOTIVE SHOCK ABSORBER MARKET, BY VEHICLE TYPE, 2017-2025 (USD MILLION) 20
FIGURE 6 GLOBAL AUTOMOTIVE SHOCK ABSORBER MARKET, BY SALES CHANNEL, 2017-2025 (USD MILLION) 21
FIGURE 7 GLOBAL AUTOMOTIVE SHOCK ABSORBER MARKET: KEY BUYING CRITERIA 21
FIGURE 8 RESEARCH PROCESS OF MRFR 22
FIGURE 9 TOP-DOWN & BOTTOM-UP APPROACHES 25
FIGURE 10 ASIA-PACIFIC: AUTOMOTIVE SHOCK ABSORBER MARKET SIZE & MARKET SHARE BY COUNTRY, BY VALUE (2018 VS 2025) 26
Continued…
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