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Shock Absorber Market By Vehicle (Passenger Cars, LCVs, HCVs, Two Wheelers) By Product Type (Hydraulic Type, Gas-filled Type) By Design (Twin Tube Design, Mono-Tube Design) By Sales Channel (OEMs, Aftermarket) – Growth, Future Prospects & Competitive Analysis, 2016 – 2028

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Published: | Report ID: 10734 | Report Format : PDF

About this report

The global shock absorber market report takes an in-depth look at the industry and its key parameters. The report includes investment strategies, the advantages of investing in this industry, and recommendations for investment. Importantly, this report covers major changes in the global technical regulations for the shock absorber industry and how economic and non-economic barriers are helping the market grow. Moreover, the report examines global, regional, and country-level historic and forecasted market sizes. It also provides a comprehensive analysis of key investment propositions, the demand and supply gap, competitor positioning, the STAR analysis, the SRC analysis, and the Tornado analysis. The report includes technological developments and other analyses such as Porter’s five-force analysis and the PESTEL framework.

 

REPORT ATTRIBUTE DETAILS
Shock Absorber Market by Volume Yes
Market by Value Yes
Market, Tornado Analysis Yes
Market, STAR Analysis Yes
Market, SRC Analysis Yes
Market, Import-Export Data Yes (On Demand)
Market Pricing Analysis Yes (On Demand)
Market Segment Analysis By Vehicle (Passenger Cars, LCVs, HCVs, and Two Wheelers)

By Product Type (Hydraulic Type and Gas-filled Type)

By Sales Channel (OEMs and Aftermarket)

By Design (Twin Tube Design and Mono-Tube Design)

Market, Regional Analysis North America (the US and Canada)

Europe (Germany, UK, France, Italy, Spain, and the Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, South East Asia, and the Rest of Asia Pacific)

Latin America (Brazil, Mexico, and the Rest of Latin America)

Middle East and Africa (GCC Countries, South Africa, and the Rest of the Middle East and Africa)

Market Key Companies KYB Corporation, ZF Friedrichshafen AG, Tenneco Inc, Hitachi Group, ThyssenKrupp AG, Showa Corporation, Samvardhana Motherson Automotive Group, BMW Group, ITT Corporation, Gabriel India Limited, Meritor Inc, Endurance Complete Solutions, BWI Group, Magneti Marelli S.p.A., Duro Shox Pvt Ltd, Arnott Inc, ACDelco Inc, and Zhejiang Sensen Auto Parts Co. Ltd
Market Competitive Landscape Market Share Analysis

Competitive Benchmarking

Key Players Market Positioning

Geographical Presence Analysis

Major Strategies Adopted

 

Key Highlights of the Report

How are the major segments performing in the shock absorber market?

  • In 2021, the passenger car vehicle segment will lead the global market. The passenger vehicle segment has dominated the shock absorber market since the beginning of the automobile industry. The general public uses these vehicles for various reasons, while only a few commercial vehicles are used for specific tasks. Its dominance is also demonstrated in the shock absorber market, where demand for shock absorbers increases in tandem with the demand for passenger vehicles.
  • In 2021, hydraulic product types will account for the largest global market share. Vehicles typically use hydraulic shock absorbers, which are more cost-effective than gas-filled ones. The earliest style is still used today, especially for large industrial vehicles used off-road or on construction sites.
  • The OEM sales channel category is expected to grow faster due to the significance of shock absorbers in vehicles and the implementation of advanced suspension solutions. Shock absorbers are in high demand among OEMs. OEM demand for shock absorbers is consistent, and substitute market demand is stable; however, it accounts for one-third of total shock absorber sales.
  • The monotube design category dominated the market in 2021 due to its cost-effectiveness in vehicles. Mono-tube twin shocks have a single cylinder filled with oil, detached from the other by a piston valve. Mono-tube shocks dampen more effectively and provide a smoother ride than twin-tube shocks.
Design Element 2

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CTA Design Element 3

Region dominated the shock absorber market

Asia Pacific dominated the global shock absorber market in 2021, owing to rising automotive production and an increase in disposable income, particularly in regional economies such as India, China, and Japan, which paved the way for market growth. Besides, rapid industrialization and technological advances in the automotive production sector are expected to fuel the market in the region’s countries. China is a major supplier of shock absorbers globally, with many local manufacturers collaborating with international firms. The country’s increasing car ownership and vehicle age also drive growth in the replacement aftermarket.

US market performance in the shock absorber market

In 2021, the United States will be the highest revenue generator in the North American shock absorber market. Two important contributing factors are the growing number of cars on the road and the aftermarket for shock absorbers. As one of the world’s biggest automotive markets, the United States has many OEMs and a significant aftermarket industry. The United States continues to be one of the world’s largest automotive shock absorbers markets, consistently making it a profitable niche for manufacturers. General Motors Company, Ford Motor Company, and other major automobile manufacturers in the United States provide a profitable market for off-road vehicle shock absorber manufacturers.

Competitive environment of the shock absorber market

The market is extremely competitive, with many players providing cost-effective automobile shock absorbers. Leading shock absorber producers aim to have a sizable presence in all automotive markets, such as OEMs, aftermarkets, and export markets. They systematically continue their strategic realignment and increase their footprint in areas with abundant labor and raw material resources to increase the production of shock absorber components. Market participants use a variety of strategies, such as mergers and acquisitions, collaborations, partnerships, funding, and the introduction of new products, to stay competitive and significantly contribute to global market growth. For example, on July 31, 2021, the Damping Technology business unit of the AL-KO Vehicle Technology Group was acquired by the KW Automotive Group, a major producer of alloy wheels. AL-KO Damping Technology produces shock absorbers for commercial vehicles with various body designs and chassis configurations. The KW Automotive Group will profit from AL-KO’s cutting-edge manufacturing facilities in China and Europe and the commercial vehicle specialists in the business unit’s Damping Technology division.

Executive Summary

Technical developments in the global shock absorber market

Manufacturers of shock absorbers are advancing technical suspension system components like shock absorber design, acceleration, grip, and smoothness. The assessment of suspension system technical problems and the prompt replacement of shock absorbers have also gained momentum in recent years. Modern innovations like regenerative shock absorbers for electric cars have significantly raised the demand for automotive shock absorbers. Leading producers use cutting-edge production technologies and procedures to solve operational problems and give customers high-quality shock absorbers. For instance, ZF Friedrichshafen AG introduced SDC3 (Selective Damping Control), a frequency-selective technology, in November 2019. SDC3 offers improved handling and comfort while maintaining sporty dynamics. Likewise, in 2018, Koni Shock Absorbers, a significant innovator in adjustable suspension technology, announced its brand-new special active damper product line, the most recent development for its prestigious portfolio of efficiency suspension solutions. The latest version of Koni Engineering’s proven, proprietary frequency-selective damping technology was integrated into the company’s already highly effective Koni special dampers to produce an exceptional ride and handling experience. The active dampers monitor the state of the road and a driver’s driving habits to deliver a stable, comfortable, and exclusive ride.

Key investments by the shock absorber market players

Stakeholders in the current automotive shock absorber industry are investing substantial resources in improving the design features of their suspension systems to improve their vehicles’ safety and comfort. They also establish strong design and engineering capabilities that can aid clients in addressing the sector’s changing technological requirements by producing lighter, more durable, and fuel-efficient shock absorbers that guarantee passenger satisfaction and security. Players in the shock absorber market concentrate on creating new products and funding innovations to broaden their product offerings. For instance, KYB invested in R&D and announced the launch of the KYB Actimatic Damper System (KADS), an electronically monitored semi-active suspension system, in 2021. It is intended for motorcycles and integrates hydraulic and control technology. KADS gives the rider a sense of being rooted to the ground, enhancing control and stability.

Some major shock absorber market players are KYB Corporation, ZF Friedrichshafen AG, Tenneco Inc., Hitachi Group, ThyssenKrupp AG, Showa Corporation, Samvardhana Motherson Automotive Group, BMW Group, ITT Corporation, Gabriel India Limited, Meritor Inc., Endurance Complete Solutions, BWI Group, Magneti Marelli S.p.A., Duro Shox Pvt. Ltd., Arnott Inc., ACDelco Inc., and Zhejiang Sensen Auto Parts Co. Ltd.

Major driving factors for the shock absorber market

The increased number of vehicles on the road is expected to increase global demand for shock absorbers in the coming years. Besides, increased vehicle production and demand are expected to provide significant growth opportunities for the global shock absorbers market. The use of advanced technology in electric vehicles, such as regenerative shock absorbers, is anticipated to contribute to the increase in demand for shock absorbers. Another significant factor anticipated to drive growth in the global shock absorbers market is the rise in demand among car owners for improved ride quality and vehicle safety.

Major risks for the shock absorber market

The high maintenance costs of sophisticated suspension systems and changes in the price of raw materials constrain the market’s expansion. The fundamental components in shock absorbers are silicon, carbon, magnesium, chromium, nickel, molybdenum, and lead. The cost of these raw materials is higher than that of plastic shock absorbers. Plastic shock absorbers also impact the environment, even though they are economical. They are susceptible to global plastic price changes, which are likely to hinder the production of shock absorbers.

Key vehicle segment in the shock absorber market

The passenger car segment is presumed to dominate the market in the coming years, from 2022 to 2028. Shock absorbers are critical automotive safety features. They help to control the vehicle and provide a smoother ride by absorbing excess energy from bumps, dips, potholes, or sudden turning movements. Drivers may feel every bump through their steering wheel without shock absorbers, which would be uncomfortable, especially on long trips. The greater emphasis on electric and hybrid vehicles is anticipated to be advantageous to manufacturers. Companies like ZF Friedrichshafen AG, KYB Corporation, Tenneco Inc., and Hitachi Automotive Systems offer automotive shock absorbers for various vehicle types and designs.

Shock absorber market performance in different regions

The Asia-Pacific region is the highest revenue contributor due to emerging countries such as Japan, India, China, and South Korea. The region is the most populous and is home to major automobile manufacturers such as Honda, Toyota, Nissan, Tata, and others. The regional vehicle market and competitiveness among market players are growing in tandem with people’s improved financial situations. This has increased the demand for shock absorbers to improve the smoothness of the driving experience, as well as other features for staying competitive. OICA data show that in 2021, 46,732,785 vehicles were produced in the Asia Pacific region, accounting for 58.3% of all vehicles produced globally.

The North American region is presumed to witness significant growth. The growth is attributed to increased disposable income and rising vehicle production in the U.S., Canada, and Mexico. The growth in demand from end-users, such as original equipment manufacturers (OEMs) and aftermarket service providers across industries, including automotive OEMs, is also anticipated to fuel product penetration over the forecast period. There are also a lot of tier-1 auto component suppliers in the region, like Tenneco Inc., ZF TRW Automotive, and Tower International, who sell their goods to aftermarket customers, like companies that rebuild and recycle auto parts. An increase in the volume of strategic transactions between top market players, such as mergers and acquisitions and partnerships, also supports regional market shares.

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Regulatory landscape for the shock absorber market

New research and product development methods are employed to improve and differentiate the products. The R&D process becomes extremely important as manufacturers must abide by the regulations set forth by regulatory bodies due to the strict laws governing drone design. Conceptualization is the first step in the product development process, followed by product design, development, and testing. Intense competition and frequent changes in government policies and regulations are major factors influencing the market’s growth. Product quality, cost, dependability, and aftermarket services are all factors in vendor competition. Vendors provide cost-effective and high-quality automotive shock absorbers to maintain their presence in a highly competitive market. Moreover, industry players are constantly under pressure to create energy-efficient vehicles due to growing environmental concerns. As a result, automakers are placing more emphasis on raising the caliber of their automotive parts.

Market Size of Shock Absorbers regarding value

The worldwide market for shock absorbers is expected to drastically grow by 4.5% in the upcoming years. The global shock absorber industry is estimated to be worth $12.6 billion in 2021 and is expected to be worth $16.4 billion by 2028.

Automotive & Transportation

Major players’ future plans for the shock absorber market

The global shock absorber market is competitive, and despite the existence of several well-established players, it appears to be fragmented. Manufacturers are forming strategic alliances with regional distributors and OEMs to meet the demand for increasing vehicle production. New entrants in this market face challenges from aggressive marketing and brand consciousness. Leading industry players continually invest in creating automated and clever off-road vehicle shock absorbers. In addition, it is anticipated that the introduction of online distribution platforms will boost demand for shock absorbers. Off-road vehicle shock absorbers with higher levels of efficiency are clearly on the rise, and this trend has been associated with increased safety and stabilization. Companies are changing to focus on creating customized solutions to accomplish this. They enable integrated sales channels to reduce the number of stakeholders throughout the supply chain and produce higher profit margins.

Segmentation of Global Shock Absorber Market –

Global Shock Absorber Market – By Vehicle

  • Passenger Cars
  • LCVs
  • HCVs
  • Two Wheelers

Global Shock Absorber Market – By Product Type

  • Hydraulic Type
  • Gas-filled Type

Global Shock Absorber Market – By Design

  • Twin Tube Design
  • Mono-Tube Design

Global Shock Absorber Market – By Sales Channel

  • OEMs
  • Aftermarket

Global Shock Absorber Market – By Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Shock Absorber Market
2.2. Global Shock Absorber Market, By Vehicle
2.3. Global Shock Absorber Market, By Product Type
2.4. Global Shock Absorber Market, By Design
2.5. Global Shock Absorber Market, By Sales Channel
2.6. Global Shock Absorber Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Shock Absorber Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Vehicle
3.3.2. Product Type
3.3.3. Design
3.3.4. Sales Channel
3.3.5. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2021
5.1. Company Market Share of Key Players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. COVID-19 Impact Analysis
6.1. Global Shock Absorber Market Pre Vs Post COVID-19, 2019 – 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply

7. Global Shock Absorber Market
7.1. Global Shock Absorber Market, by Vehicle, 2016-2028(US$ Bn)
7.1.1. Overview
7.1.2. Global Shock Absorber Market, By Vehicle, 2021 vs 2028 (in%)
7.1.3. Global Shock Absorber Market, By Passenger Cars, 2016-2028 (US$ Bn)
7.1.4. Global Shock Absorber Market, By LCVs, 2016-2028 (US$ Bn)
7.1.5. Global Shock Absorber Market, By HCVs, 2016-2028 (US$ Bn)
7.1.6. Global Shock Absorber Market, By Two Wheelers, 2016-2028 (US$ Bn)
7.2. Global Shock Absorber Market, by Product Type, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Global Shock Absorber Market, By Product Type, 2021 vs 2028 (in%)
7.2.3. Global Shock Absorber Market, By Hydraulic Type, 2016-2028 (US$ Bn)
7.2.4. Global Shock Absorber Market, By Gas-filled Type, 2016-2028 (US$ Bn)
7.3. Global Shock Absorber Market, by Design, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Global Shock Absorber Market, By Design, 2021 vs 2028 (in%)
7.3.3. Global Shock Absorber Market, By Twin Tube Design, 2016-2028 (US$ Bn)
7.3.4. Global Shock Absorber Market, By Mono-Tube Design, 2016-2028 (US$ Bn)
7.4. Global Shock Absorber Market, by Sales Channel, 2016-2028(US$ Bn)
7.4.1. Overview
7.4.2. Global Shock Absorber Market, By Sales Channel, 2021 vs 2028 (in%)
7.4.3. Global Shock Absorber Market, By OEMs, 2016-2028 (US$ Bn)
7.4.4. Global Shock Absorber Market, By Aftermarket, 2016-2028 (US$ Bn)

8. North America Shock Absorber Market Analysis
8.1. North America Shock Absorber Market, by Vehicle, 2016-2028(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Shock Absorber Market, by Product Type, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Shock Absorber Market, by Design, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. SRC Analysis
8.4. North America Shock Absorber Market, by Sales Channel, 2016-2028(US$ Bn)
8.4.1. Overview
8.4.2. SRC Analysis
8.5. North America Shock Absorber Market, by Country, 2016-2028 (US$ Bn)
8.5.1. U.S.
8.5.1.1. U.S. Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.5.1.2. U.S. Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
8.5.1.3. U.S. Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
8.5.1.4. U.S. Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
8.5.1.5. U.S. Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
8.5.2. Canada
8.5.2.1. Canada Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.5.2.2. Canada Shock Absorber Markets, By Vehicle, 2016-2028 (US$ Bn)
8.5.2.3. Canada Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
8.5.2.4. Canada Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
8.5.2.5. Canada Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)

9. Europe Shock Absorber Market Analysis
9.1. Europe Shock Absorber Market, by Vehicle, 2016-2028(US$ Bn)
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Shock Absorber Market, by Product Type, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Shock Absorber Market, by Design, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. SRC Analysis
9.4. Europe Shock Absorber Market, by Sales Channel, 2016-2028(US$ Bn)
9.4.1. Overview
9.4.2. SRC Analysis
9.5. Europe Shock Absorber Market, by Country, 2016-2028 (US$ Bn)
9.5.1. Germany
9.5.1.1. Germany Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.1.2. Germany Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
9.5.1.3. Germany Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
9.5.1.4. Germany Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
9.5.1.5. Germany Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
9.5.2. France
9.5.2.1. France Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.2.2. France Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
9.5.2.3. France Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
9.5.2.4. France Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
9.5.2.5. France Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
9.5.3. UK
9.5.3.1. UK Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.3.2. UK Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
9.5.3.3. UK Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
9.5.3.4. UK Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
9.5.3.5. UK Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
9.5.4. Italy
9.5.4.1. Italy Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.4.2. Italy Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
9.5.4.3. Italy Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
9.5.4.4. Italy Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
9.5.4.5. Italy Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
9.5.5. Spain
9.5.5.1. Spain Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.5.2. Spain Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
9.5.5.3. Spain Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
9.5.5.4. Spain Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
9.5.5.5. Spain Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
9.5.6. Rest of Europe
9.5.6.1. Rest of Europe Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
9.5.6.2. Rest of Europe Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
9.5.6.3. Rest of Europe Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
9.5.6.4. Rest of Europe Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
9.5.6.5. Rest of Europe Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)

10. Asia Pacific Shock Absorber Market Analysis
10.1. Asia Pacific Shock Absorber Market, by Vehicle, 2016-2028(US$ Bn)
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Shock Absorber Market, by Product Type, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Shock Absorber Market, by Design, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. SRC Analysis
10.4. Asia Pacific Shock Absorber Market, by Sales Channel, 2016-2028(US$ Bn)
10.4.1. Overview
10.4.2. SRC Analysis
10.5. Asia Pacific Shock Absorber Market, by Country, 2016-2028 (US$ Bn)
10.5.1. China
10.5.1.1. China Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.1.2. China Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
10.5.1.3. China Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
10.5.1.4. China Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
10.5.1.5. China Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
10.5.2. Japan
10.5.2.1. Japan Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.2.2. Japan Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
10.5.2.3. Japan Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
10.5.2.4. Japan Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
10.5.2.5. Japan Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
10.5.3. India
10.5.3.1. India Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.3.2. India Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
10.5.3.3. India Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
10.5.3.4. India Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
10.5.3.5. India Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
10.5.4. South Korea
10.5.4.1. South Korea Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.4.2. South Korea Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
10.5.4.3. South Korea Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
10.5.4.4. South Korea Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
10.5.4.5. South Korea Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
10.5.5. South-East Asia
10.5.5.1. South-East Asia Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.5.2. South-East Asia Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
10.5.5.3. South-East Asia Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
10.5.5.4. South-East Asia Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
10.5.5.5. South-East Asia Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
10.5.6. Rest of Asia Pacific
10.5.6.1. Rest of Asia Pacific Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
10.5.6.2. Rest of Asia Pacific Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
10.5.6.3. Rest of Asia Pacific Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
10.5.6.4. Rest of Asia Pacific Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
10.5.6.5. Rest of Asia Pacific Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)

11. Latin America Shock Absorber Market Analysis
11.1. Latin America Shock Absorber Market, by Vehicle, 2016-2028(US$ Bn)
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Shock Absorber Market, by Product Type, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Shock Absorber Market, by Design, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. SRC Analysis
11.4. Latin America Shock Absorber Market, by Sales Channel, 2016-2028(US$ Bn)
11.4.1. Overview
11.4.2. SRC Analysis
11.5. Latin America Shock Absorber Market, by Country, 2016-2028 (US$ Bn)
11.5.1. Brazil
11.5.1.1. Brazil Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.5.1.2. Brazil Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
11.5.1.3. Brazil Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
11.5.1.4. Brazil Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
11.5.1.5. Brazil Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
11.5.2. Mexico
11.5.2.1. Mexico Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.5.2.2. Mexico Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
11.5.2.3. Mexico Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
11.5.2.4. Mexico Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
11.5.2.5. Mexico Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
11.5.3. Rest of Latin America
11.5.3.1. Rest of Latin America Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
11.5.3.2. Rest of Latin America Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
11.5.3.3. Rest of Latin America Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
11.5.3.4. Rest of Latin America Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
11.5.3.5. Rest of Latin America Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)

12. Middle East and Africa Shock Absorber Market Analysis
12.1. Middle East and Africa Shock Absorber Market, by Vehicle, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Shock Absorber Market, by Product Type, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Shock Absorber Market, by Design, 2016-2028(US$ Bn)
12.3.1. Overview
12.3.2. SRC Analysis
12.4. Middle East and Africa Shock Absorber Market, by Sales Channel, 2016-2028(US$ Bn)
12.4.1. Overview
12.4.2. SRC Analysis
12.5. Middle East and Africa Shock Absorber Market, by Country, 2016-2028 (US$ Bn)
12.5.1. GCC Countries
12.5.1.1. GCC Countries Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.5.1.2. GCC Countries Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
12.5.1.3. GCC Countries Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
12.5.1.4. GCC Countries Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
12.5.1.5. GCC Countries Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
12.5.2. South Africa
12.5.2.1. South Africa Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.5.2.2. South Africa Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
12.5.2.3. South Africa Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
12.5.2.4. South Africa Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
12.5.2.5. South Africa Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)
12.5.3. Rest of Middle East and Africa
12.5.3.1. Rest of Middle East and Africa Shock Absorber Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.5.3.2. Rest of Middle East and Africa Shock Absorber Market, By Vehicle, 2016-2028 (US$ Bn)
12.5.3.3. Rest of Middle East and Africa Shock Absorber Market, By Product Type, 2016-2028 (US$ Bn)
12.5.3.4. Rest of Middle East and Africa Shock Absorber Market, By Design, 2016-2028 (US$ Bn)
12.5.3.5. Rest of Middle East and Africa Shock Absorber Market, By Sales Channel, 2016-2028 (US$ Bn)

13. Company Profiles
13.1. KYB Corporation
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2021)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. ZF Friedrichshafen AG
13.3. Tenneco Inc
13.4. Hitachi Group
13.5. ThyssenKrupp AG
13.6. Showa Corporation
13.7. Samvardhana Motherson Automotive Group
13.8. BMW Group
13.9. ITT Corporation
13.10. Gabriel India Limited
13.11. Meritor Inc
13.12. Endurance Complete Solutions
13.13. BWI Group
13.14. Magneti Marelli S.p.A.
13.15. Duro Shox Pvt Ltd
13.16. Arnott Inc
13.17. ACDelco Inc
13.18. Zhejiang Sensen Auto Parts Co. Ltd

List of Figures

FIG. 1 Global Shock Absorber Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Shock Absorber Market Segmentation
FIG. 4 Global Shock Absorber Market, by Vehicle, 2021 (US$ Bn)
FIG. 5 Global Shock Absorber Market, by Product Type, 2021 (US$ Bn)
FIG. 6 Global Shock Absorber Market, by Design, 2021 (US$ Bn)
FIG. 7 Global Shock Absorber Market, by Sales Channel, 2021 (US$ Bn)
FIG. 8 Global Shock Absorber Market, by Geography, 2021 (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Vehicle, 2021
FIG. 10 Attractive Investment Proposition, by Product Type, 2021
FIG. 11 Attractive Investment Proposition, by Design, 2021
FIG. 12 Attractive Investment Proposition, by Sales Channel, 2021
FIG. 13 Attractive Investment Proposition, by Geography, 2021
FIG. 14 Global Market Share Analysis of Key Shock Absorber Market Manufacturers, 2021
FIG. 15 Global Market Positioning of Key Shock Absorber Market Manufacturers, 2021
FIG. 16 Global Shock Absorber Market Value Contribution, By Vehicle, 2021 & 2028 (Value %)
FIG. 17 Global Shock Absorber Market, by Passenger Cars, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Shock Absorber Market, by LCVs, Value, 2016-2028 (US$ Bn)
FIG. 19 Global Shock Absorber Market, by HCVs, Value, 2016-2028 (US$ Bn)
FIG. 20 Global Shock Absorber Market, by Two Wheelers, Value, 2016-2028 (US$ Bn)
FIG. 21 Global Shock Absorber Market Value Contribution, By Product Type, 2021 & 2028 (Value %)
FIG. 22 Global Shock Absorber Market, by Hydraulic Type, Value, 2016-2028 (US$ Bn)
FIG. 23 Global Shock Absorber Market, by Gas-filled Type, Value, 2016-2028 (US$ Bn)
FIG. 24 Global Shock Absorber Market Value Contribution, By Design, 2021 & 2028 (Value %)
FIG. 25 Global Shock Absorber Market, by Twin Tube Design, Value, 2016-2028 (US$ Bn)
FIG. 26 Global Shock Absorber Market, by Mono-Tube Design, Value, 2016-2028 (US$ Bn)
FIG. 27 Global Shock Absorber Market Value Contribution, By Sales Channel, 2021 & 2028 (Value %)
FIG. 28 Global Shock Absorber Market, by OEMs, Value, 2016-2028 (US$ Bn)
FIG. 29 Global Shock Absorber Market, by Aftermarket, Value, 2016-2028 (US$ Bn)
FIG. 30 U.S. Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 31 Canada Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 32 Germany Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 33 France Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 34 U.K. Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 35 Italy Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 36 Spain Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 37 Rest of Europe Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 38 China Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 39 Japan Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 40 India Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 41 South Korea Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 42 Southeast Asia Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 43 Rest of Asia Pacific Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 44 Latin America Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 45 Brazil Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 46 Mexico Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 47 Rest of Latin America Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 48 Middle East & Africa Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 49 GCC Countries Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 50 South Africa Shock Absorber Market, 2016-2028 (US$ Bn)
FIG. 51 Rest of Middle East and Africa Shock Absorber Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Shock Absorber Market
TABLE 2 Global Shock Absorber Market, by Competitive Benchmarking, 2021
TABLE 3 Global Shock Absorber Market, by Geographical Presence Analysis, 2021
TABLE 4 Global Shock Absorber Market, by Key Strategies Analysis, 2021
TABLE 5 Global Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 6 Global Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 7 Global Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 8 Global Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 9 Global Shock Absorber Market, by Geography, 2016-2028 (US$ Bn)
TABLE 10 North America Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 11 North America Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 12 North America Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 13 North America Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 14 North America Shock Absorber Market, by Country, 2016-2028 (US$ Bn)
TABLE 15 US Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 16 US Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 17 US Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 18 US Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 19 Canada Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 20 Canada Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 21 Canada Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 22 Canada Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 23 Europe Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 24 Europe Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 25 Europe Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 26 Europe Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 27 Europe Shock Absorber Market, by Country, 2016-2028 (US$ Bn)
TABLE 28 Germany Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 29 Germany Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 30 Germany Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 31 Germany Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 32 France Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 33 France Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 34 France Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 35 France Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 36 UK Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 37 UK Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 38 UK Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 39 UK Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 40 Italy Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 41 Italy Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 42 Italy Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 43 Italy Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 44 Spain Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 45 Spain Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 46 Spain Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 47 Spain Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 48 Rest of Europe Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 49 Rest of Europe Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 50 Rest of Europe Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 51 Rest of Europe Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 52 Asia Pacific Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 53 Asia Pacific Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 54 Asia Pacific Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 55 Asia Pacific Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 56 Asia Pacific Shock Absorber Market, by Country, 2016-2028 (US$ Bn)
TABLE 57 China Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 58 China Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 59 China Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 60 China Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 61 Japan Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 62 Japan Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 63 Japan Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 64 Japan Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 65 India Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 66 India Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 67 India Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 68 India Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 69 South Korea Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 70 South Korea Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 71 South Korea Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 72 South Korea Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 73 South East Asia Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 74 South East Asia Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 75 South East Asia Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 76 South East Asia Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 77 Rest of Asia Pacific Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 78 Rest of Asia Pacific Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 79 Rest of Asia Pacific Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 80 Rest of Asia Pacific Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 81 Latin America Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 82 Latin America Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 83 Latin America Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 84 Latin America Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 85 Latin America Shock Absorber Market, by Country, 2016-2028 (US$ Bn)
TABLE 86 Brazil Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 87 Brazil Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 88 Brazil Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 89 Brazil Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 90 Mexico Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 91 Mexico Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 92 Mexico Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 93 Mexico Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 94 Rest of Latin America Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 95 Rest of Latin America Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 96 Rest of Latin America Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 97 Rest of Latin America Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 98 Middle East and Africa Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 99 Middle East and Africa Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 100 Middle East and Africa Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 101 Middle East and Africa Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 102 Middle East and Africa Shock Absorber Market, by Country, 2016-2028 (US$ Bn)
TABLE 103 GCC Countries Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 104 GCC Countries Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 105 GCC Countries Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 106 GCC Countries Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 107 South Africa Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 108 South Africa Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 109 South Africa Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 110 South Africa Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)
TABLE 111 Rest of Middle East and Africa Shock Absorber Market, by Vehicle, 2016-2028 (US$ Bn)
TABLE 112 Rest of Middle East and Africa Shock Absorber Market, by Product Type, 2016-2028 (US$ Bn)
TABLE 113 Rest of Middle East and Africa Shock Absorber Market, by Design, 2016-2028 (US$ Bn)
TABLE 114 Rest of Middle East and Africa Shock Absorber Market, by Sales Channel, 2016-2028 (US$ Bn)

Frequently Asked Questions

How does COVID-19 impact the global shock absorber market?

The COVID-19 outbreak negatively impacted the market growth of shock absorbers in the automobile industry, owing to disruptions in the demand and supply chains throughout the automotive value chain.

Which is the leading region of the market for shock absorbers?

a Pacific accounted for the most heightened share in the global shock absorber market.

What are the key drivers for the global shock absorber market growth?

The global market for shock absorbers is propelled by rising vehicle production, rising consumer demand for comfort and convenience in cars, and increased disposable income among consumers worldwide.

Which is the major segment in the shock absorber market by product type?

The hydraulic type segment had a major share in the global market in 2021.

Which is the major segment in the shock absorber market by design?

The mono-tube design segment had a major share in the global market.

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