Global Automotive Damper Market Research Report 2023(Status and Outlook)

Global Automotive Damper Market Research Report 2023(Status and Outlook)

Report Overview

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.

The major players in global Automotive Damper Module market include ZF, Tenneco, KYB, etc. The top 3 players occupy about 30% shares of the global market. North America and Europe are main markets, they occupy about 55% of the global market. Hydraulic Type is the main type, with a share about 60%. OEM is the main application, which holds a share about 65%.

The Global Automotive Damper Market Size was estimated at USD 16240 million in 2022 and is projected to reach USD 17291.16 million by 2029, exhibiting a CAGR of 0.90% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Automotive Damper market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Automotive Damper Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Automotive Damper market in any manner.

Global Automotive Damper Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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

Market Segmentation (by Type)

Hydraulic Type

Pneumatic Type

Other

Market Segmentation (by Application)

Facial Cleanser

Shampoo

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Automotive Damper Market

Overview of the regional outlook of the Automotive Damper Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors