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Global Automotive Shock Absorber Market Growth, Size, Trends Analysis - By Type, By Design Type, By Vehicle Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Published Jun 05, 2025
Length 250 Pages
SKU # SPER20190249

Description

Global Automotive Shock Absorber Market Introduction and Overview

According to SPER market research, ‘Global Automotive Shock Absorber Market Size- By Type, By Design Type, By Vehicle Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Automotive Shock Absorber Market is predicted to reach 25.27 billion by 2034 with a CAGR of 4.73%.

A vehicle’s suspension system depends on shock absorbers, which help absorb and reduce impact from the road and ensure a comfortable ride. Shock absorbers for off-road vehicles are specifically designed to withstand the harsh conditions of off-road driving. They allow for different spring seat and ride height settings, enhancing comfort and stability. As the demand for comfort and safety increases, shock absorbers are becoming more popular.

Restraints:Price competitiveness is a major concern in the vehicle shock absorber sector. Companies are often under pressure to deliver competitive pricing while being profitable. Fluctuations in raw material costs, foreign exchange rates, and fierce competition can all put downward pressure on shock absorber prices, affecting manufacturers’ profit margins. The rapid pace of technological innovation provides both possibilities and challenges for shock absorber makers.

Scope of the report:

Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034

Segments covered

By Type, By Design Type, By Vehicle Type

Regions covered

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.

Companies Covered

Apollo, Arnott Inc, Bilstein, Duro Shox Pvt. Ltd, Gabriel India Ltd, Hitachi, ITT Corporation, KYB Group, Magneti Marelli SPA, Mando Corporation, Meritor Inc, Sachs.

Global Automotive Shock Absorber Market Segmentation:

By Type:
Based on the Type, Global Automotive Shock Absorber Market is segmented as; Hydraulic Shock Absorber, Gas-Filled Shock Absorber.

By Design Type: Based on the Design Type, Global Automotive Shock Absorber Market is segmented as; Mono Tube, Twin Tube.

By Vehicle Type: Based on the Vehicle Type, Global Automotive Shock Absorber Market is segmented as; Passenger Cars, Commercial Vehicles, Electronic Vehicles, Two Wheelers.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Table of Contents

250 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Automotive Shock Absorber Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Shock Absorber Market
7. Global Automotive Shock Absorber Market, By Type (USD Million) 2021-2034
7.1. Hydraulic shock absorber
7.2. Gas-filled shock absorber
8. Global Automotive Shock Absorber Market, By Design Type (USD Million) 2021-2034
8.1. Mono tube
8.2. Twin tube
9. Global Automotive Shock Absorber Market, By Vehicle Type (USD Million) 2021-2034
9.1. Passenger cars
9.2. Commercial vehicles
9.3. Electronic vehicles
9.4. Two wheelers
10. Global Automotive Shock Absorber Market, (USD Million) 2021-2034
10.1. Global Automotive Shock Absorber Market Size and Market Share
11. Global Automotive Shock Absorber Market, By Region, (USD Million) 2021-2034
11.1. Asia-Pacific
11.1.1. Australia
11.1.2. China
11.1.3. India
11.1.4. Japan
11.1.5. South Korea
11.1.6. Rest of Asia-Pacific
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Spain
11.2.5. United Kingdom
11.2.6. Rest of Europe
11.3. Middle East and Africa
11.3.1. Kingdom of Saudi Arabia
11.3.2. United Arab Emirates
11.3.3. Qatar
11.3.4. South Africa
11.3.5. Egypt
11.3.6. Morocco
11.3.7. Nigeria
11.3.8. Rest of Middle-East and Africa
11.4. North America
11.4.1. Canada
11.4.2. Mexico
11.4.3. United States
11.5. Latin America
11.5.1. Argentina
11.5.2. Brazil
11.5.3. Rest of Latin America
12. Company Profile
12.1. Apollo
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Arnott Inc
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Bilstein
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Duro Shox Pvt. Ltd
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Gabriel India Ltd
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Hitachi
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. ITT Corporation
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. KYB Group
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Magneti Marelli SPA
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Mando Corporation
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Meritor Inc
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Sachs
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
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