Global Automotive Damper Market Size, Manufacturers, Opportunities and Forecast to 2030
Summary
Automotive damper is an important part in vehicle’s damping system. Automotive dampers are designed primarily to provide a much smoother ride by absorbing and damping feedback from the road. In general, it is a common device used in automobile suspension. The role of the automotive damper is to keep the car's tires in permanent contact with the road, helping to provide optimum grip, when cornering and braking.
Without automotive damper, a car spring will extend and release the energy it absorbs from a bump at an uncontrolled rate until all of the energy originally put into it is used up. The automotive damper is generally used to control unwanted spring motion through a process known as dampening.
Each automotive damper contains a piston that slides through a cylinder. Hydraulic fluid on either side of the piston head provides the resistance against which the up-and-down motion of the wheels must work as it compresses and expands the automotive damper. A valve in the piston head, and typically another at the base of the cylinder, allow the fluid, or oil, to flow through as the unit expands and compresses. But when the compression is faster or greater, the oil can’t squeeze through the valve fast enough, and it becomes pressurized. The more the oil is pressurized, the more it resists the piston’s motion.
According to APO Research, The global Automotive Damper market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Automotive Damper is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Automotive Damper is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Automotive Damper is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Automotive Damper include ZF, Tenneco, KYB, Bilstein, Magneti Marelli, Mando, Showa, KONI and Hitachi, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
Report ScopeThis report aims to provide a comprehensive presentation of the global market for Automotive Damper, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Damper.
The Automotive Damper market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automotive Damper market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Key Companies & Market Share InsightsIn this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
ZF
Tenneco
KYB
Bilstein
Magneti Marelli
Mando
Showa
KONI
Hitachi
Ride Control
ALKO
Anand
Escorts Group
S&T Motiv
Duroshox
Ohlins
CVCT
Faw-Tokico
Ningjiang Shanchuan
Chengdu Jiuding
Zhejiang Sensen
Wanxiang
Zhongxing Shock
Chongqing Zhongyi
Liuzhou Carrera
Chongqing Sokon
BWI Group
Tianjin Tiande
Jinzhou Leader
Shanghai Powered
Automotive Damper segment by Type
Hydraulic Type
Pneumatic Type
Other
Automotive Damper segment by Application
OEM
Aftermarket
Automotive Damper Segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Key Drivers & BarriersHigh-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Automotive Damper market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Automotive Damper and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Automotive Damper.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter OutlineChapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces 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.
Chapter 3: Detailed analysis of Automotive Damper manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Automotive Damper in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: 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.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.