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Los Angeles, CA -- (SBWIRE) -- 04/18/2019 -- A shock absorber (also known as damper) is a mechanical or hydraulic device designed to absorb and damp shock impulses in an automotive or motorcycle. 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.
China is the largest supplier of shock absorber with many local manufacturers and some plant built by international manufacturers like ZF, Tenneco, Showa, KYB and Mando. Each international manufacturer may have a capacity over tens of million units.
The twin-tube design is most used on cars, light trucks, SUV's and vans. It's a cost effective and it can provide excellent handling & control characteristics for most driving conditions. The mono-tube design offers additional performance and can have a more aggressive ride.
The global Shock Absorber market was 15800 million US$ in 2018 and is expected to 19400 million US$ by the end of 2025, growing at a CAGR of 2.6% between 2019 and 2025.
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This report studies the Shock Absorber market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Shock Absorber in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ZF
Tenneco
KYB
Showa
Magneti Marelli
Mando
Bilstein
KONI
Anand
Hitachi
Chuannan Absorber
Ride Control
By the product type, the market is primarily split into
Hydraulic Type
Pneumatic Type
Other Type
By the end users/application, this report covers the following segments
Automotive
Motorcycle
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