Global Automotive Chassis Shock Absorber Market Growth 2024-2030
Automotive chassis shock absorber is an important component used for vibration damping in the chassis system of the car. It is a vibration damper. It is not only used in the suspension system, but also may be applied to the cab, seat, steering wheel and other locations, and even used as a buffer on the vehicle bumper. The main function of the automotive chassis shock absorber is to suppress the vibration of spring rebound and the impact from the road surface to improve the driving smoothness and comfort of the car, while ensuring that the wheels are always gripping the ground and improving the safety of the vehicle.
The global Automotive Chassis Shock Absorber market size is projected to grow from US$ 11290 million in 2024 to US$ 14980 million in 2030; it is expected to grow at a CAGR of 4.8% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Automotive Chassis Shock Absorber Industry Forecast” looks at past sales and reviews total world Automotive Chassis Shock Absorber sales in 2023, providing a comprehensive analysis by region and market sector of projected Automotive Chassis Shock Absorber sales for 2024 through 2030. With Automotive Chassis Shock Absorber sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Chassis Shock Absorber industry.
This Insight Report provides a comprehensive analysis of the global Automotive Chassis Shock Absorber landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Chassis Shock Absorber portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Chassis Shock Absorber market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Chassis Shock Absorber and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Chassis Shock Absorber.
United States market for Automotive Chassis Shock Absorber is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Automotive Chassis Shock Absorber is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Automotive Chassis Shock Absorber is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Automotive Chassis Shock Absorber players cover ZF Friedrichshafen, KYB Corporation, Tenneco, HL Mando, Hitachi Astemo, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Chassis Shock Absorber market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single Tube
Double Tube
Segmentation by Application:
Passenger Car
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ZF Friedrichshafen
KYB Corporation
Tenneco
HL Mando
Hitachi Astemo
Marelli
Bilstein
KONI BV
Sichuan Ningjiang Shanchuan Machinery
Nanyang Cijan Automobile Shock Absorber
ADD Industry
ContiTech Deutschland GmbH
Nanyang CIJAN Auto Shock Absorber
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Chassis Shock Absorber market?
What factors are driving Automotive Chassis Shock Absorber market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Chassis Shock Absorber market opportunities vary by end market size?
How does Automotive Chassis Shock Absorber break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.