Global Automotive Damper and Shock Absorbers Market Growth 2025-2031

Global Automotive Damper and Shock Absorbers Market Growth 2025-2031

The global Automotive Damper and Shock Absorbers market size is predicted to grow from US$ 13080 million in 2025 to US$ 16310 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Damper and Shock Absorbers Industry Forecast” looks at past sales and reviews total world Automotive Damper and Shock Absorbers sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Damper and Shock Absorbers sales for 2025 through 2031. With Automotive Damper and Shock Absorbers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Damper and Shock Absorbers industry.

This Insight Report provides a comprehensive analysis of the global Automotive Damper and Shock Absorbers 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 Damper and Shock Absorbers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Damper and Shock Absorbers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Damper and Shock Absorbers 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 Damper and Shock Absorbers.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Damper and Shock Absorbers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Conventional Shock Absorber
Electronic Shock Absorber

Segmentation by Application:
OEM
Aftermarket

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.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Damper and Shock Absorbers market?

What factors are driving Automotive Damper and Shock Absorbers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Damper and Shock Absorbers market opportunities vary by end market size?

How does Automotive Damper and Shock Absorbers break out by Type, by Application?

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