Global Automotive Shock Absorbers Market to Reach $20.3 Billion by 2030
The global market for Automotive Shock Absorbers estimated at US$9.4 Billion in the year 2022, is projected to reach a revised size of US$20.3 Billion by 2030, growing at a CAGR of 10.1% over the analysis period 2022-2030. Hydraulic, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$12 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Gas-Filled segment is readjusted to a revised 11.3% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 14.5% CAGR
The Automotive Shock Absorbers market in the U.S. is estimated at US$2.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.7 Billion by the year 2030 trailing a CAGR of 14.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 9.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR.Select Competitors (Total 12 Featured) -
- ACDelco
- Arnott Industries
- Duro Shox Pvt., Ltd.
- Gabriel India Ltd.
- Hitachi Automotive Systems Ltd.
- ITT Corporation
- KYB Corporation
- Marelli (Magneti Marelli CK Holdings Co., Ltd.)
- Meritor, Inc.
- Samvardhana Motherson Group
- Showa Corporation
- Tenneco, Inc.
- ThyssenKrupp AG
- ZF Friedrichshafen AG
- Zhejiang Sensen Auto Parts Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ACDelco
- Arnott Industries
- Duro Shox Pvt., Ltd.
- Gabriel India Ltd.
- Hitachi Automotive Systems Ltd.
- ITT Corporation
- KYB Corporation
- Marelli (Magneti Marelli CK Holdings Co., Ltd.)
- Meritor, Inc.
- Samvardhana Motherson Group
- Showa Corporation
- Tenneco, Inc.
- ThyssenKrupp AG
- ZF Friedrichshafen AG
- Zhejiang Sensen Auto Parts Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 167 |
Published | May 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 8.5 Billion |
Forecasted Market Value ( USD | $ 15.3 Billion |
Compound Annual Growth Rate | 8.8% |
Regions Covered | Global |