Global Automotive Shock Absorber Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

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.
By region, China's consumption share was the highest in 2019, at more than 27 percent. The leading producers in the industry are ZF, TENNECO and KYB Corporation, accounting for 19.33%, 15.89% and 13.02% of revenues respectively.

Market Analysis and Insights: Global Automotive Shock Absorber Market
The global Automotive Shock Absorber market size is projected to reach US$ 12400 million by 2026, from US$ 11270 million in 2020, at a CAGR of 1.6% during 2021-2026.
Global Automotive Shock Absorber Scope and Segment
The global Automotive Shock Absorber market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Shock Absorber market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Automotive Shock Absorber market is segmented into
Single-Tube Shock Absorbers
Twin-Tube Shock Absorbers

Segment by Application, the Automotive Shock Absorber market is segmented into
Passenger Vehicles
Commercial Vehicles

Automotive Shock Absorber market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Automotive Shock Absorber business, the date to enter into the Automotive Shock Absorber market, Automotive Shock Absorber product introduction, recent developments, etc.
The major vendors covered:
ZF
TENNECO
KYB Corporation
Hitachi Automotive Systems
Showa
Mando
Magneti Marelli
Bilstein
Nanyang Cijan Automobile
KONI
ADD Industry
Gabriel
ALKO
Roberto Nuti
Endurance

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Automotive Shock Absorber markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Automotive Shock Absorber market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.