Global Automotive Shock Absorber Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Automotive Shock Absorber Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031


According to our (Global Info Research) latest study, the global Automotive Shock Absorber market size was valued at US$ 13470 million in 2024 and is forecast to a readjusted size of USD 16930 million by 2031 with a CAGR of 3.5% during review period.

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.

This report is a detailed and comprehensive analysis for global Automotive Shock Absorber market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Automotive Shock Absorber market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Automotive Shock Absorber market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Automotive Shock Absorber market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Automotive Shock Absorber market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Automotive Shock Absorber

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Automotive Shock Absorber market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Tenneco, ZF, KYB Corporation, Hitachi Astemo, HL Mando, Bilstein, Marelli, BWI Group, Fawer, Nanyang Cijan Automobile, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Automotive Shock Absorber market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Conventional Shock Absorber
Electronic Shock Absorber

Market segment by Application
OEM
Aftermarket

Major players covered
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

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Automotive Shock Absorber product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Automotive Shock Absorber, with price, sales quantity, revenue, and global market share of Automotive Shock Absorber from 2020 to 2025.

Chapter 3, the Automotive Shock Absorber competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Automotive Shock Absorber breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Automotive Shock Absorber market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Shock Absorber.

Chapter 14 and 15, to describe Automotive Shock Absorber sales channel, distributors, customers, research findings and conclusion.


1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Automotive Shock Absorber by Manufacturer
4 Consumption Analysis by Region
5 Market Segment by Type
6 Market Segment by Application
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
13 Raw Material and Industry Chain
14 Shipments by Distribution Channel
15 Research Findings and Conclusion
16 Appendix

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