Automotive Shock Absorber Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The automotive shock absorbers market is poised for growth driven by several key factors that shape its dynamics. Among the primary drivers is the increasing demand for passenger cars and light commercial vehicles, particularly in emerging markets such as those in Asia and Latin America. The automotive shock absorbers market is set to experience substantial growth, projected to reach USD 24 billion by 2024 and further expanding to USD 30.3 billion by 2031. As vehicle ownership continues to rise in these regions, the need for enhanced vehicle comfort and safety has also surged, driving the adoption of advanced suspension systems in automobiles. Shock absorbers, being a critical component of these systems, are witnessing growing demand as manufacturers and consumers alike prioritize smoother and more stable rides.

The market is also benefiting from the ongoing evolution of electric and hybrid vehicles. As these vehicles become more prevalent, they require specialized suspension systems capable of supporting the unique characteristics of their design, such as heavy batteries and different weight distribution. This trend is expected to further fuel the demand for advanced shock absorbers that cater to the needs of electric and hybrid vehicles, providing both stability and comfort.

However, the growth of the automotive shock absorbers market is not without challenges. One significant barrier is the high cost associated with advanced shock absorber technologies, which can be a deterrent for some consumers. Additionally, the increasing adoption of air suspension systems in luxury vehicles presents competition to traditional shock absorbers, potentially limiting market expansion in certain segments.

Luxury vehicles, in particular, are driving the demand for high-performance shock absorbers. These vehicles often utilize gas-filled twin-tube shock absorbers to enhance the comfort and driving experience, catering to a consumer base that values superior ride quality. The popularity of luxury car brands such as BMW, Audi, and Mercedes-Benz has contributed to the growth of this segment. Notably, Audi is developing a prototype for a new shock absorber system, known as eROT (Electromechanical Rotary Dampers), which aims to replace traditional hydraulic dampers with electromechanical rotary dampers for an even smoother ride.

The role of shock absorbers in ensuring active safety is another critical factor underpinning their importance in modern vehicles. These components are essential for maintaining continuous pressure on the road, thereby stabilizing the vehicle during driving and preventing accidents. Effective shock absorbers can make the difference between a safe recovery from a skid and a potential road accident, highlighting their importance in vehicle safety systems.

Historically, the automotive shock absorbers market has experienced steady growth, driven by increasing vehicle production and advancements in suspension technology. The COVID-19 pandemic posed a temporary setback, leading to a significant decline in demand as production activities across various industries, including automotive manufacturing, were disrupted. However, the market is expected to recover, continuing its growth trajectory as economic activities normalize.

The future of the automotive shock absorbers market is closely linked to the rise of electric and autonomous vehicles. These vehicles require specialized shock absorbers that are designed to meet the unique demands of new technologies, including improved energy efficiency and enhanced stability during autonomous driving. As these vehicle types gain traction, the demand for advanced shock absorbers is expected to rise.

Several key trends are shaping the market, including advancements in shock absorber design and performance. Manufacturers are increasingly focusing on developing lightweight materials and incorporating sustainable manufacturing practices to meet the growing demand for eco-friendly automotive components. Additionally, the increasing adoption of electric and hybrid vehicles is driving innovation in shock absorber technology, with a focus on creating products that enhance the performance and comfort of these vehicles.

The demand for premium and luxury automobiles is also a significant driver of market growth. The increasing population of high-net-worth individuals globally is fueling the demand for luxury vehicles, which in turn is driving the need for high-performance shock absorbers. As consumers become more discerning about comfort and safety features, the market for advanced suspension systems, including shock absorbers, is expected to expand.

Mergers and acquisitions among key market players are playing a crucial role in shaping the competitive Analysis of the automotive shock absorbers market. These strategic activities enable companies to expand their product portfolios, gain access to new technologies, and achieve economies of scale. For instance, a notable acquisition in the industry allowed a major player to enhance its product offerings and improve its market position. Such consolidations are expected to continue, with companies pursuing global expansion strategies to tap into new markets and diversify their revenue streams.

The focus on advancements in damping valve technology is another area of innovation in the market. Modern damping valve technology allows for more precise control over damping forces, resulting in smoother and more comfortable rides. This technology is particularly appealing to consumers seeking enhanced ride quality, driving demand for vehicles equipped with advanced shock absorbers. Furthermore, the incorporation of adjustable or adaptive features in damping valves is gaining popularity, offering drivers the ability to customize suspension settings based on their preferences or driving conditions.

Despite the positive outlook, the market faces several challenges, including fluctuations in raw material prices and the need for investment-intensive research and development. The competitive pricing Analysis puts pressure on manufacturers to offer cost-effective solutions while maintaining profitability. Additionally, keeping pace with rapid technological advancements requires significant investments in R&D, particularly in areas such as smart shock absorbers and connected systems.

The evolving preferences of consumers also present challenges for manufacturers. There is an increasing demand for fuel-efficient and eco-friendly shock absorbers, as well as products that offer enhanced performance. Meeting these changing expectations requires companies to continuously innovate and adapt their product offerings.

Looking ahead, the automotive shock absorbers market presents several opportunities for component manufacturers, particularly in the growing demand for electric and hybrid vehicles. As these vehicles continue to gain market share, there is a need for specialized shock absorbers designed to accommodate their unique characteristics. This presents an opportunity for manufacturers to develop and market products tailored to the needs of electric and hybrid vehicles.

In the Asia Pacific region, the market is expected to witness significant growth, driven by increasing automobile sales in countries like China. The Chinese government's aggressive promotion of electric vehicles and new energy vehicles is creating demand for shock absorbers specifically designed for these types of vehicles. As a result, manufacturers in the region are well-positioned to capitalize on this trend and expand their market presence.

The light commercial vehicles segment is expected to remain a key driver of market growth, owing to its cost-effectiveness, high efficiency, and low maintenance requirements. Additionally, the demand for passenger car shock absorbers and commercial truck shock absorbers is expected to remain strong, driven by the need for durability and comfort in various vehicle types.

The competitive Analysis of the automotive shock absorbers market is characterized by a mix of global and regional players, with Tier-I companies holding a significant share of the market. These companies are investing heavily in research and development to create advanced shock absorber technologies that offer superior performance and durability. As the market continues to evolve, innovation in materials, electronic controls, and integration with vehicle dynamics systems will be key factors driving the success of market participants.

Key Companies Profiled

Fabri-Tech Inc
Airtecnics
Meech International
Thermoscreens
Panasonic Corporation
Steel Guard Safety Co.
Deal Rite Inc.
Plastic Fabric Solutions Inc.
John Boyt Industrial Sewing Inc.
Biddle, Solar and Palau, Novovent
Systemair
Advanced Fabric Technologies
Harken Canvas
Emco Industrial Plastics Inc.

Automotive Shock Absorbers Market Segmentation

By Vehicle

Passenger Cars
- Compact
- Mid-sized
- SUVs
- Luxury
LCVs
HCVs
Two Wheelers

By Product Type

Hydraulic
Gas-filled

By Technology

Passive
Semi-active
Active

By Design

Twin Tube
- Gas-charged
- ASD
- PSD
Mono Tube

By Sales Channel

OEM
Aftermarket

By Region

North America
Asia Pacific
Latin America
Europe
East Asia
South Asia & Pacific
The Middle East and Africa

1. Executive Summary

1.1. Global Automotive Shock Absorber Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2019 - 2023

3.1. Global Automotive Shock Absorber Market Production Output, by Region, Value (US$ Bn) and Volume (Units), 2019 - 2023
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East and Africa

4. Price Analysis, 2019 - 2023

4.1. Global Average Price Analysis, by Product Type/Vehicle, US$ Per MMT, 2019 - 2023
4.2. Prominent Factor Affecting Automotive Shock Absorber Prices
4.3. Global Average Price Analysis, by Region, US$ Per MMT

5. Global Automotive Shock Absorber Market Outlook, 2019 - 2031

5.1. Global Automotive Shock Absorber Market Outlook, by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Passenger Cars
    - 5.1.1.1.1. Compact
    - 5.1.1.1.2. Mid-sized
    - 5.1.1.1.3. SUVs
    - 5.1.1.1.4. Luxury
  - 5.1.1.2. LCVs
  - 5.1.1.3. HCVs
  - 5.1.1.4. Two Wheelers
5.2. Global Automotive Shock Absorber Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Hydraulic
  - 5.2.1.2. Gas-filled
5.3. Global Automotive Shock Absorber Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Passive
  - 5.3.1.2. Semi-active
  - 5.3.1.3. Active
5.4. Global Automotive Shock Absorber Market Outlook, by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Twin Tube
    - 5.4.1.1.1. Gas-charged
    - 5.4.1.1.2. ASD
    - 5.4.1.1.3. PSD
  - 5.4.1.2. Mono Tube
5.5. Global Automotive Shock Absorber Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 5.5.1. Key Highlights
  - 5.5.1.1. OEM
  - 5.5.1.2. Aftermarket
5.6. Global Automotive Shock Absorber Market Outlook, by Region, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 5.6.1. Key Highlights
  - 5.6.1.1. North America
  - 5.6.1.2. Europe
  - 5.6.1.3. Asia Pacific
  - 5.6.1.4. Latin America
  - 5.6.1.5. Middle East & Africa

6. North America Automotive Shock Absorber Market Outlook, 2019 - 2031

6.1. North America Automotive Shock Absorber Market Outlook, by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Passenger Cars
    - 6.1.1.1.1. Compact
    - 6.1.1.1.2. Mid-sized
    - 6.1.1.1.3. SUVs
    - 6.1.1.1.4. Luxury
  - 6.1.1.2. LCVs
  - 6.1.1.3. HCVs
  - 6.1.1.4. Two Wheelers
6.2. North America Automotive Shock Absorber Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Hydraulic
  - 6.2.1.2. Gas-filled
6.3. North America Automotive Shock Absorber Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Passive
  - 6.3.1.2. Semi-active
  - 6.3.1.3. Active
6.4. North America Automotive Shock Absorber Market Outlook, by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. Twin Tube
    - 6.4.1.1.1. Gas-charged
    - 6.4.1.1.2. ASD
    - 6.4.1.1.3. PSD
  - 6.4.1.2. Mono Tube
6.5. North America Automotive Shock Absorber Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 6.5.1. Key Highlights
  - 6.5.1.1. OEM
  - 6.5.1.2. Aftermarket
6.6. North America Automotive Shock Absorber Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 6.6.1. Key Highlights
  - 6.6.1.1. U.S. Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.6.1.2. U.S. Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.6.1.3. U.S. Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.6.1.4. U.S. Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.6.1.5. U.S. Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.6.1.6. Canada Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.6.1.7. Canada Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.6.1.8. Canada Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.6.1.9. Canada Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 6.6.1.10. Canada Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 6.6.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Automotive Shock Absorber Market Outlook, 2019 - 2031

7.1. Europe Automotive Shock Absorber Market Outlook, by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Passenger Cars
    - 7.1.1.1.1. Compact
    - 7.1.1.1.2. Mid-sized
    - 7.1.1.1.3. SUVs
    - 7.1.1.1.4. Luxury
  - 7.1.1.2. LCVs
  - 7.1.1.3. HCVs
  - 7.1.1.4. Two Wheelers
7.2. Europe Automotive Shock Absorber Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Hydraulic
  - 7.2.1.2. Gas-filled
7.3. Europe Automotive Shock Absorber Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Passive
  - 7.3.1.2. Semi-active
  - 7.3.1.3. Active
7.4. Europe Automotive Shock Absorber Market Outlook, by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Twin Tube
    - 7.4.1.1.1. Gas-charged
    - 7.4.1.1.2. ASD
    - 7.4.1.1.3. PSD
  - 7.4.1.2. Mono Tube
7.5. Europe Automotive Shock Absorber Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 7.5.1. Key Highlights
  - 7.5.1.1. OEM
  - 7.5.1.2. Aftermarket
7.6. Europe Automotive Shock Absorber Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 7.6.1. Key Highlights
  - 7.6.1.1. Germany Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.2. Germany Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.3. Germany Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.4. Germany Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.5. Germany Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.6. U.K. Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.7. U.K. Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.8. U.K. Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.9. U.K. Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.10. U.K. Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.11. France Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.12. France Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.13. France Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.14. France Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.15. France Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.16. Italy Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.17. Italy Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.18. Italy Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.19. Italy Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.20. Italy Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.21. Turkey Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.22. Turkey Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.23. Turkey Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.24. Turkey Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.25. Turkey Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.26. Russia Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.27. Russia Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.28. Russia Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.29. Russia Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.30. Russia Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.31. Rest of Europe Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.32. Rest of Europe Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.33. Rest of Europe Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.34. Rest of Europe Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.35. Rest of Europe Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 7.6.1.36. by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 7.6.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Automotive Shock Absorber Market Outlook, 2019 - 2031

8.1. Asia Pacific Automotive Shock Absorber Market Outlook, by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Passenger Cars
    - 8.1.1.1.1. Compact
    - 8.1.1.1.2. Mid-sized
    - 8.1.1.1.3. SUVs
    - 8.1.1.1.4. Luxury
  - 8.1.1.2. LCVs
  - 8.1.1.3. HCVs
  - 8.1.1.4. Two Wheelers
8.2. Asia Pacific Automotive Shock Absorber Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Hydraulic
  - 8.2.1.2. Gas-filled
8.3. Asia Pacific Automotive Shock Absorber Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Passive
  - 8.3.1.2. Semi-active
  - 8.3.1.3. Active
8.4. Asia Pacific Automotive Shock Absorber Market Outlook, by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. Twin Tube
    - 8.4.1.1.1. Gas-charged
    - 8.4.1.1.2. ASD
    - 8.4.1.1.3. PSD
  - 8.4.1.2. Mono Tube
8.5. Asia Pacific Automotive Shock Absorber Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 8.5.1. Key Highlights
  - 8.5.1.1. OEM
  - 8.5.1.2. Aftermarket
8.6. Asia Pacific Automotive Shock Absorber Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 8.6.1. Key Highlights
  - 8.6.1.1. China Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.2. China Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.3. China Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.4. China Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.5. China Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.6. Japan Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.7. Japan Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.8. Japan Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.9. Japan Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.10. Japan Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.11. South Korea Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.12. South Korea Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.13. South Korea Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.14. South Korea Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.15. South Korea Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.16. India Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.17. India Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.18. India Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.19. India Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.20. India Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.21. Southeast Asia Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.22. Southeast Asia Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.23. Southeast Asia Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.24. Southeast Asia Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.25. Southeast Asia Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.26. Rest of Asia Pacific Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.27. Rest of Asia Pacific Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.28. Rest of Asia Pacific Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.29. Rest of Asia Pacific Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 8.6.1.30. Rest of Asia Pacific Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 8.6.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Automotive Shock Absorber Market Outlook, 2019 - 2031

9.1. Latin America Automotive Shock Absorber Market Outlook, by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Passenger Cars
    - 9.1.1.1.1. Compact
    - 9.1.1.1.2. Mid-sized
    - 9.1.1.1.3. SUVs
    - 9.1.1.1.4. Luxury
  - 9.1.1.2. LCVs
  - 9.1.1.3. HCVs
  - 9.1.1.4. Two Wheelers
9.2. Latin America Automotive Shock Absorber Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Hydraulic
  - 9.2.1.2. Gas-filled
9.3. Latin America Automotive Shock Absorber Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Passive
  - 9.3.1.2. Semi-active
  - 9.3.1.3. Active
9.4. Latin America Automotive Shock Absorber Market Outlook, by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 9.4.1. Key Highlights
  - 9.4.1.1. Twin Tube
    - 9.4.1.1.1. Gas-charged
    - 9.4.1.1.2. ASD
    - 9.4.1.1.3. PSD
  - 9.4.1.2. Mono Tube
9.5. Latin America Automotive Shock Absorber Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 9.5.1. Key Highlights
  - 9.5.1.1. OEM
  - 9.5.1.2. Aftermarket
9.6. Latin America Automotive Shock Absorber Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 9.6.1. Key Highlights
  - 9.6.1.1. Brazil Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.2. Brazil Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.3. Brazil Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.4. Brazil Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.5. Brazil Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.6. Mexico Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.7. Mexico Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.8. Mexico Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.9. Mexico Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.10. Mexico Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.11. Argentina Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.12. Argentina Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.13. Argentina Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.14. Argentina Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.15. Argentina Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.16. Rest of Latin America Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.17. Rest of Latin America Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.18. Rest of Latin America Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.19. Rest of Latin America Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 9.6.1.20. Rest of Latin America Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 9.6.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Automotive Shock Absorber Market Outlook, 2019 - 2031

10.1. Middle East & Africa Automotive Shock Absorber Market Outlook, by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 10.1.1. Key Highlights
  - 10.1.1.1. Passenger Cars
    - 10.1.1.1.1. Compact
    - 10.1.1.1.2. Mid-sized
    - 10.1.1.1.3. SUVs
    - 10.1.1.1.4. Luxury
  - 10.1.1.2. LCVs
  - 10.1.1.3. HCVs
  - 10.1.1.4. Two Wheelers
10.2. Middle East & Africa Automotive Shock Absorber Market Outlook, by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 10.2.1. Key Highlights
  - 10.2.1.1. Hydraulic
  - 10.2.1.2. Gas-filled
10.3. Middle East & Africa Automotive Shock Absorber Market Outlook, by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 10.3.1. Key Highlights
  - 10.3.1.1. Passive
  - 10.3.1.2. Semi-active
  - 10.3.1.3. Active
10.4. Middle East & Africa Automotive Shock Absorber Market Outlook, by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 10.4.1. Key Highlights
  - 10.4.1.1. Twin Tube
    - 10.4.1.1.1. Gas-charged
    - 10.4.1.1.2. ASD
    - 10.4.1.1.3. PSD
  - 10.4.1.2. Mono Tube
10.5. Middle East & Africa Automotive Shock Absorber Market Outlook, by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 10.5.1. Key Highlights
  - 10.5.1.1. OEM
  - 10.5.1.2. Aftermarket
10.6. Middle East & Africa Automotive Shock Absorber Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 10.6.1. Key Highlights
  - 10.6.1.1. GCC Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.2. GCC Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.3. GCC Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.4. GCC Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.5. GCC Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.6. South Africa Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.7. South Africa Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.8. South Africa Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.9. South Africa Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.10. South Africa Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.11. Egypt Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.12. Egypt Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.13. Egypt Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.14. Egypt Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.15. Egypt Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.16. Nigeria Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.17. Nigeria Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.18. Nigeria Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.19. Nigeria Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.20. Nigeria Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.21. Rest of Middle East & Africa Automotive Shock Absorber Market by Vehicle, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.22. Rest of Middle East & Africa Automotive Shock Absorber Market by Product Type, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.23. Rest of Middle East & Africa Automotive Shock Absorber Market by Technology, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.24. Rest of Middle East & Africa Automotive Shock Absorber Market by Design, Value (US$ Bn) and Volume (Units), 2019 - 2031
  - 10.6.1.25. Rest of Middle East & Africa Automotive Shock Absorber Market by Sales Channel, Value (US$ Bn) and Volume (Units), 2019 - 2031
- 10.6.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. Product vs Indication Heatmap
11.2. Company Market Share Analysis, 2024
11.3. Competitive Dashboard
11.4. Company Profiles
- 11.4.1. Indel B S.p.a
- 11.4.2.
  - 11.4.2.1. Company Overview
  - 11.4.2.2. Product Portfolio
  - 11.4.2.3. Financial Overview
  - 11.4.2.4. Business Strategies and Development

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations