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Global Automotive Suspension Shock Absorber Market Research Report 2025
Synopsis
The global Automotive Suspension Shock Absorber market was valued at US$ 8892.9 million in 2023 and is anticipated to reach US$ 12260 million by 2030, witnessing a CAGR of 5.1% during the forecast period 2024-2030.
Global Automotive Suspension Shock Absorber key players include ZF Friedrichshafen, KYB Corporation, Tenneco, HL Mando Corporation, Hitachi Astemo, Marelli Corporation, Bilstein, KONI BV, Sichuan Ningjiang Shanchuan, Nanyang Cijan Automobile,ADD Industry, Zhejaing Gold Intelligent, etc. The top five companies occupied for a share nearly 95%. From the production side, the origin is mainly distributed in North America, Europe, China, Korea, Japan, India, etc., with China being the largest production region. In terms of categories, double tube shock absorbers occupy a significant market position compared to single tube shock absorbers, with a market share of about 80%. In terms of applications, automotive suspension dampers account for about 80% of the market share in passenger car applications and about 20% in commercial vehicle applications.
This report aims to provide a comprehensive presentation of the global market for Automotive Suspension Shock Absorber, 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 Suspension Shock Absorber.
Report Scope
The Automotive Suspension Shock Absorber market size, estimations, and forecasts are provided in terms of output/shipments (M Pcs) 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 Suspension Shock Absorber 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.
The report will help the Automotive Suspension Shock Absorber manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ZF Friedrichshafen
KYB Corporation
Tenneco
HL Mando Corporation
Hitachi Astemo
Marelli Corporation
Bilstein
KONI BV
Sichuan Ningjiang Shanchuan Machinery
Nanyang Cijan Automobile Shock Absorber
ADD Industry
Zhejiang Gold Intelligent Suspension
Segment by Type
Double Tube Shock Absorber
Single Tube Shock Absorber
Segment by Application
Passenger Cars
Commercial Vehicles
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Automotive Suspension Shock Absorber manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Automotive Suspension Shock Absorber by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Automotive Suspension Shock Absorber in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
The global Automotive Suspension Shock Absorber market was valued at US$ 8892.9 million in 2023 and is anticipated to reach US$ 12260 million by 2030, witnessing a CAGR of 5.1% during the forecast period 2024-2030.
Global Automotive Suspension Shock Absorber key players include ZF Friedrichshafen, KYB Corporation, Tenneco, HL Mando Corporation, Hitachi Astemo, Marelli Corporation, Bilstein, KONI BV, Sichuan Ningjiang Shanchuan, Nanyang Cijan Automobile,ADD Industry, Zhejaing Gold Intelligent, etc. The top five companies occupied for a share nearly 95%. From the production side, the origin is mainly distributed in North America, Europe, China, Korea, Japan, India, etc., with China being the largest production region. In terms of categories, double tube shock absorbers occupy a significant market position compared to single tube shock absorbers, with a market share of about 80%. In terms of applications, automotive suspension dampers account for about 80% of the market share in passenger car applications and about 20% in commercial vehicle applications.
This report aims to provide a comprehensive presentation of the global market for Automotive Suspension Shock Absorber, 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 Suspension Shock Absorber.
Report Scope
The Automotive Suspension Shock Absorber market size, estimations, and forecasts are provided in terms of output/shipments (M Pcs) 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 Suspension Shock Absorber 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.
The report will help the Automotive Suspension Shock Absorber manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ZF Friedrichshafen
KYB Corporation
Tenneco
HL Mando Corporation
Hitachi Astemo
Marelli Corporation
Bilstein
KONI BV
Sichuan Ningjiang Shanchuan Machinery
Nanyang Cijan Automobile Shock Absorber
ADD Industry
Zhejiang Gold Intelligent Suspension
Segment by Type
Double Tube Shock Absorber
Single Tube Shock Absorber
Segment by Application
Passenger Cars
Commercial Vehicles
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Automotive Suspension Shock Absorber manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Automotive Suspension Shock Absorber by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Automotive Suspension Shock Absorber in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Automotive Suspension Shock Absorber Market Overview
1.1 Product Definition
1.2 Automotive Suspension Shock Absorber Segment by Type
1.2.1 Global Automotive Suspension Shock Absorber Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Double Tube Shock Absorber
1.2.3 Single Tube Shock Absorber
1.3 Automotive Suspension Shock Absorber Segment by Application
1.3.1 Global Automotive Suspension Shock Absorber Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Passenger Cars
1.3.3 Commercial Vehicles
1.4 Global Market Growth Prospects
1.4.1 Global Automotive Suspension Shock Absorber Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Automotive Suspension Shock Absorber Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Automotive Suspension Shock Absorber Production Estimates and Forecasts (2019-2030)
1.4.4 Global Automotive Suspension Shock Absorber Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Automotive Suspension Shock Absorber Production Market Share by Manufacturers (2019-2024)
2.2 Global Automotive Suspension Shock Absorber Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Automotive Suspension Shock Absorber, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Automotive Suspension Shock Absorber Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Automotive Suspension Shock Absorber Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Automotive Suspension Shock Absorber, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Automotive Suspension Shock Absorber, Product Offered and Application
2.8 Global Key Manufacturers of Automotive Suspension Shock Absorber, Date of Enter into This Industry
2.9 Automotive Suspension Shock Absorber Market Competitive Situation and Trends
2.9.1 Automotive Suspension Shock Absorber Market Concentration Rate
2.9.2 Global 5 and 10 Largest Automotive Suspension Shock Absorber Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Automotive Suspension Shock Absorber Production by Region
3.1 Global Automotive Suspension Shock Absorber Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Automotive Suspension Shock Absorber Production Value by Region (2019-2030)
3.2.1 Global Automotive Suspension Shock Absorber Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Automotive Suspension Shock Absorber by Region (2025-2030)
3.3 Global Automotive Suspension Shock Absorber Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Automotive Suspension Shock Absorber Production by Region (2019-2030)
3.4.1 Global Automotive Suspension Shock Absorber Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Automotive Suspension Shock Absorber by Region (2025-2030)
3.5 Global Automotive Suspension Shock Absorber Market Price Analysis by Region (2019-2024)
3.6 Global Automotive Suspension Shock Absorber Production and Value, Year-over-Year Growth
3.6.1 North America Automotive Suspension Shock Absorber Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Automotive Suspension Shock Absorber Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Automotive Suspension Shock Absorber Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Automotive Suspension Shock Absorber Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Automotive Suspension Shock Absorber Production Value Estimates and Forecasts (2019-2030)
4 Automotive Suspension Shock Absorber Consumption by Region
4.1 Global Automotive Suspension Shock Absorber Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Automotive Suspension Shock Absorber Consumption by Region (2019-2030)
4.2.1 Global Automotive Suspension Shock Absorber Consumption by Region (2019-2024)
4.2.2 Global Automotive Suspension Shock Absorber Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Automotive Suspension Shock Absorber Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Automotive Suspension Shock Absorber Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Automotive Suspension Shock Absorber Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Automotive Suspension Shock Absorber Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Automotive Suspension Shock Absorber Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Automotive Suspension Shock Absorber Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Automotive Suspension Shock Absorber Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Automotive Suspension Shock Absorber Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Automotive Suspension Shock Absorber Production by Type (2019-2030)
5.1.1 Global Automotive Suspension Shock Absorber Production by Type (2019-2024)
5.1.2 Global Automotive Suspension Shock Absorber Production by Type (2025-2030)
5.1.3 Global Automotive Suspension Shock Absorber Production Market Share by Type (2019-2030)
5.2 Global Automotive Suspension Shock Absorber Production Value by Type (2019-2030)
5.2.1 Global Automotive Suspension Shock Absorber Production Value by Type (2019-2024)
5.2.2 Global Automotive Suspension Shock Absorber Production Value by Type (2025-2030)
5.2.3 Global Automotive Suspension Shock Absorber Production Value Market Share by Type (2019-2030)
5.3 Global Automotive Suspension Shock Absorber Price by Type (2019-2030)
6 Segment by Application
6.1 Global Automotive Suspension Shock Absorber Production by Application (2019-2030)
6.1.1 Global Automotive Suspension Shock Absorber Production by Application (2019-2024)
6.1.2 Global Automotive Suspension Shock Absorber Production by Application (2025-2030)
6.1.3 Global Automotive Suspension Shock Absorber Production Market Share by Application (2019-2030)
6.2 Global Automotive Suspension Shock Absorber Production Value by Application (2019-2030)
6.2.1 Global Automotive Suspension Shock Absorber Production Value by Application (2019-2024)
6.2.2 Global Automotive Suspension Shock Absorber Production Value by Application (2025-2030)
6.2.3 Global Automotive Suspension Shock Absorber Production Value Market Share by Application (2019-2030)
6.3 Global Automotive Suspension Shock Absorber Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ZF Friedrichshafen
7.1.1 ZF Friedrichshafen Automotive Suspension Shock Absorber Corporation Information
7.1.2 ZF Friedrichshafen Automotive Suspension Shock Absorber Product Portfolio
7.1.3 ZF Friedrichshafen Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ZF Friedrichshafen Main Business and Markets Served
7.1.5 ZF Friedrichshafen Recent Developments/Updates
7.2 KYB Corporation
7.2.1 KYB Corporation Automotive Suspension Shock Absorber Corporation Information
7.2.2 KYB Corporation Automotive Suspension Shock Absorber Product Portfolio
7.2.3 KYB Corporation Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.2.4 KYB Corporation Main Business and Markets Served
7.2.5 KYB Corporation Recent Developments/Updates
7.3 Tenneco
7.3.1 Tenneco Automotive Suspension Shock Absorber Corporation Information
7.3.2 Tenneco Automotive Suspension Shock Absorber Product Portfolio
7.3.3 Tenneco Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Tenneco Main Business and Markets Served
7.3.5 Tenneco Recent Developments/Updates
7.4 HL Mando Corporation
7.4.1 HL Mando Corporation Automotive Suspension Shock Absorber Corporation Information
7.4.2 HL Mando Corporation Automotive Suspension Shock Absorber Product Portfolio
7.4.3 HL Mando Corporation Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.4.4 HL Mando Corporation Main Business and Markets Served
7.4.5 HL Mando Corporation Recent Developments/Updates
7.5 Hitachi Astemo
7.5.1 Hitachi Astemo Automotive Suspension Shock Absorber Corporation Information
7.5.2 Hitachi Astemo Automotive Suspension Shock Absorber Product Portfolio
7.5.3 Hitachi Astemo Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Hitachi Astemo Main Business and Markets Served
7.5.5 Hitachi Astemo Recent Developments/Updates
7.6 Marelli Corporation
7.6.1 Marelli Corporation Automotive Suspension Shock Absorber Corporation Information
7.6.2 Marelli Corporation Automotive Suspension Shock Absorber Product Portfolio
7.6.3 Marelli Corporation Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Marelli Corporation Main Business and Markets Served
7.6.5 Marelli Corporation Recent Developments/Updates
7.7 Bilstein
7.7.1 Bilstein Automotive Suspension Shock Absorber Corporation Information
7.7.2 Bilstein Automotive Suspension Shock Absorber Product Portfolio
7.7.3 Bilstein Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Bilstein Main Business and Markets Served
7.7.5 Bilstein Recent Developments/Updates
7.8 KONI BV
7.8.1 KONI BV Automotive Suspension Shock Absorber Corporation Information
7.8.2 KONI BV Automotive Suspension Shock Absorber Product Portfolio
7.8.3 KONI BV Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.8.4 KONI BV Main Business and Markets Served
7.7.5 KONI BV Recent Developments/Updates
7.9 Sichuan Ningjiang Shanchuan Machinery
7.9.1 Sichuan Ningjiang Shanchuan Machinery Automotive Suspension Shock Absorber Corporation Information
7.9.2 Sichuan Ningjiang Shanchuan Machinery Automotive Suspension Shock Absorber Product Portfolio
7.9.3 Sichuan Ningjiang Shanchuan Machinery Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Sichuan Ningjiang Shanchuan Machinery Main Business and Markets Served
7.9.5 Sichuan Ningjiang Shanchuan Machinery Recent Developments/Updates
7.10 Nanyang Cijan Automobile Shock Absorber
7.10.1 Nanyang Cijan Automobile Shock Absorber Automotive Suspension Shock Absorber Corporation Information
7.10.2 Nanyang Cijan Automobile Shock Absorber Automotive Suspension Shock Absorber Product Portfolio
7.10.3 Nanyang Cijan Automobile Shock Absorber Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Nanyang Cijan Automobile Shock Absorber Main Business and Markets Served
7.10.5 Nanyang Cijan Automobile Shock Absorber Recent Developments/Updates
7.11 ADD Industry
7.11.1 ADD Industry Automotive Suspension Shock Absorber Corporation Information
7.11.2 ADD Industry Automotive Suspension Shock Absorber Product Portfolio
7.11.3 ADD Industry Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.11.4 ADD Industry Main Business and Markets Served
7.11.5 ADD Industry Recent Developments/Updates
7.12 Zhejiang Gold Intelligent Suspension
7.12.1 Zhejiang Gold Intelligent Suspension Automotive Suspension Shock Absorber Corporation Information
7.12.2 Zhejiang Gold Intelligent Suspension Automotive Suspension Shock Absorber Product Portfolio
7.12.3 Zhejiang Gold Intelligent Suspension Automotive Suspension Shock Absorber Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Zhejiang Gold Intelligent Suspension Main Business and Markets Served
7.12.5 Zhejiang Gold Intelligent Suspension Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Automotive Suspension Shock Absorber Industry Chain Analysis
8.2 Automotive Suspension Shock Absorber Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Automotive Suspension Shock Absorber Production Mode & Process
8.4 Automotive Suspension Shock Absorber Sales and Marketing
8.4.1 Automotive Suspension Shock Absorber Sales Channels
8.4.2 Automotive Suspension Shock Absorber Distributors
8.5 Automotive Suspension Shock Absorber Customers
9 Automotive Suspension Shock Absorber Market Dynamics
9.1 Automotive Suspension Shock Absorber Industry Trends
9.2 Automotive Suspension Shock Absorber Market Drivers
9.3 Automotive Suspension Shock Absorber Market Challenges
9.4 Automotive Suspension Shock Absorber Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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