Shock Absorber Market Report – Research, Industry Analysis Reports and Market Demands

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

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Shock Absorber Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Conventional Shock Absorber
- 1.3.3 Electronic Shock Absorber
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Shock Absorber Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 OEM
- 1.4.3 Aftermarket
1.5 Global Shock Absorber Market Size & Forecast
- 1.5.1 Global Shock Absorber Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Shock Absorber Sales Quantity (2020-2031)
- 1.5.3 Global Shock Absorber Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Shock Absorber by Manufacturer

3.1 Global Shock Absorber Sales Quantity by Manufacturer (2020-2025)
3.2 Global Shock Absorber Revenue by Manufacturer (2020-2025)
3.3 Global Shock Absorber Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Shock Absorber by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Shock Absorber Manufacturer Market Share in 2024
- 3.4.3 Top 6 Shock Absorber Manufacturer Market Share in 2024
3.5 Shock Absorber Market: Overall Company Footprint Analysis
- 3.5.1 Shock Absorber Market: Region Footprint
- 3.5.2 Shock Absorber Market: Company Product Type Footprint
- 3.5.3 Shock Absorber Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Shock Absorber Market Size by Region
- 4.1.1 Global Shock Absorber Sales Quantity by Region (2020-2031)
- 4.1.2 Global Shock Absorber Consumption Value by Region (2020-2031)
- 4.1.3 Global Shock Absorber Average Price by Region (2020-2031)
4.2 North America Shock Absorber Consumption Value (2020-2031)
4.3 Europe Shock Absorber Consumption Value (2020-2031)
4.4 Asia-Pacific Shock Absorber Consumption Value (2020-2031)
4.5 South America Shock Absorber Consumption Value (2020-2031)
4.6 Middle East & Africa Shock Absorber Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Shock Absorber Sales Quantity by Type (2020-2031)
5.2 Global Shock Absorber Consumption Value by Type (2020-2031)
5.3 Global Shock Absorber Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Shock Absorber Sales Quantity by Application (2020-2031)
6.2 Global Shock Absorber Consumption Value by Application (2020-2031)
6.3 Global Shock Absorber Average Price by Application (2020-2031)

7 North America

7.1 North America Shock Absorber Sales Quantity by Type (2020-2031)
7.2 North America Shock Absorber Sales Quantity by Application (2020-2031)
7.3 North America Shock Absorber Market Size by Country
- 7.3.1 North America Shock Absorber Sales Quantity by Country (2020-2031)
- 7.3.2 North America Shock Absorber Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe Shock Absorber Sales Quantity by Type (2020-2031)
8.2 Europe Shock Absorber Sales Quantity by Application (2020-2031)
8.3 Europe Shock Absorber Market Size by Country
- 8.3.1 Europe Shock Absorber Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Shock Absorber Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific Shock Absorber Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Shock Absorber Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Shock Absorber Market Size by Region
- 9.3.1 Asia-Pacific Shock Absorber Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Shock Absorber Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America Shock Absorber Sales Quantity by Type (2020-2031)
10.2 South America Shock Absorber Sales Quantity by Application (2020-2031)
10.3 South America Shock Absorber Market Size by Country
- 10.3.1 South America Shock Absorber Sales Quantity by Country (2020-2031)
- 10.3.2 South America Shock Absorber Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa Shock Absorber Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Shock Absorber Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Shock Absorber Market Size by Country
- 11.3.1 Middle East & Africa Shock Absorber Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Shock Absorber Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 Shock Absorber Market Drivers
12.2 Shock Absorber Market Restraints
12.3 Shock Absorber Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Shock Absorber and Key Manufacturers
13.2 Manufacturing Costs Percentage of Shock Absorber
13.3 Shock Absorber Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Shock Absorber Typical Distributors
14.3 Shock Absorber Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Shock Absorber market size was valued at US$ 13760 million in 2024 and is forecast to a readjusted size of USD 17480 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 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 Shock Absorber market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Shock Absorber market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Shock Absorber market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Shock Absorber market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/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 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 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
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 Shock Absorber product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Shock Absorber, with price, sales quantity, revenue, and global market share of Shock Absorber from 2020 to 2025.
Chapter 3, the Shock Absorber competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the 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 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 Shock Absorber.
Chapter 14 and 15, to describe Shock Absorber sales channel, distributors, customers, research findings and conclusion.

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