The research time span covered by the report is from 2018 to 2029; it provides an overview of the North America Shock Absorbers Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.
The North America Shock Absorbers market size in 2022 is 2436.73 million US dollars, and it is expected to be 2887.46 million US dollars by 2029, with a compound annual growth rate of 2.45% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Shock Absorbers market include Monroe, KYB North America, Gabriel, Fox Factory, and BILSTEIN. The share of the top 3 players in the Shock Absorbers market is 64.23%.
SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Single-Tube Shock Absorbers, Twin-Tube Shock Absorbers, etc. Application segment includes OEM, Aftermarket, etc.
---Single-Tube Shock Absorbers contributes approximately 41.90% share to the market in 2022.
---OEM contributes approximately 61.58% share to the market in 2022.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it”s going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Shock absorbers, also known as dampers, are essential components in vehicles that help absorb and dampen the shocks and vibrations caused by uneven road surfaces. The North America shock absorbers market is influenced by various factors and trends:
Increasing vehicle production: The North America region has a significant automotive industry, with the United States being one of the largest vehicle producers. The production of vehicles, including passenger cars, light commercial vehicles, and heavy-duty trucks, directly impacts the demand for shock absorbers. As the automotive industry grows and vehicle sales increase, the market for shock absorbers is expected to follow a similar trajectory.
Growing demand for ride comfort and safety: Ride comfort and safety are crucial factors for vehicle buyers. Shock absorbers play a vital role in enhancing ride comfort by reducing vibrations and ensuring stable handling. As consumers demand smoother rides and improved safety features, the demand for advanced shock absorbers that offer better performance and comfort is likely to increase.
Technological advancements: The shock absorbers market has witnessed technological advancements aimed at improving performance and durability. Manufacturers are focusing on developing innovative shock absorber designs, such as electronic and adjustable shock absorbers, to offer enhanced ride control and adaptability to different driving conditions. Technological advancements also include the use of advanced materials and manufacturing processes, resulting in more efficient and lightweight shock absorbers.
Shift towards electric and hybrid vehicles: The growing interest in electric and hybrid vehicles in North America is likely to impact the shock absorbers market. Electric and hybrid vehicles have unique requirements due to their different powertrain characteristics and weight distribution. Manufacturers are developing specialized shock absorbers to cater to the specific needs of these vehicles, including regenerative shock absorbers that can harness energy from road vibrations to charge the vehicle”s battery.
Focus on sustainability: Environmental concerns and regulations have led to an increased emphasis on sustainability in the automotive industry. This trend is expected to influence the shock absorbers market as well. Manufacturers are exploring eco-friendly materials and manufacturing processes to reduce the environmental impact of shock absorbers. Additionally, there is a growing interest in energy-efficient shock absorbers that can contribute to improved fuel efficiency and reduced emissions.
Aftermarket sales and distribution channels: The aftermarket segment plays a significant role in the shock absorbers market. As vehicles age or experience wear and tear, there is a need for replacement shock absorbers. The availability of a wide range of shock absorbers through various distribution channels, such as online retail platforms and specialized automotive parts stores, contributes to the aftermarket sales.
Highlights-Regions
USA
Canada
Mexico
Highlights-Players
Major Players in Shock Absorbers market are:
Monroe
KYB North America
Gabriel
Fox Factory
BILSTEIN
Hitachi Astemo, Ltd.
ADD Industry Zhejiang Co., Ltd
ZF
KONI
Skyjacker
Highlights-Types
Most important types of Shock Absorbers products covered in this report are:
Single-Tube Shock Absorbers
Twin-Tube Shock Absorbers
Highlights-Application
Most widely Application of Shock Absorbers market covered in this report are:
OEM
Aftermarket
Table of Content
1 Shock Absorbers Market Overview
1.1 Product Overview and Scope of Shock Absorbers
1.2 Shock Absorbers Segment by Type
1.2.1 North America Shock Absorbers Sales Growth Rate Comparison by Type (2023 VS 2029)
1.3 Market Analysis by Application
1.3.1 Shock Absorbers Sales Comparison by Application (2023 VS 2029)
1.4 North America Market Growth Prospects
1.4.1 North America Shock Absorbers Revenue Estimates and Forecasts (2018-2029)
1.4.2 North America Shock Absorbers Sales Estimates and Forecasts (2018-2029)
1.4.3 North America Shock Absorbers Market Size Estimates and Forecasts by Region: 2018 VS 2023 VS 2029
1.5 Coronavirus Disease (COVID-19) Impact on Global
1.6 COVID 19 Impact on Shock Absorbers Market
1.6.1. COVID-19 Landscape: Shock Absorbers Industry Impact
1.6.2. COVID 19 - Impact Assessment for the Industry
1.6.3. COVID 19 Impact: Global Major Government Policy
1.6.4. Market Trends and Opportunities in the COVID-19 Landscape
2 Market Competition by Manufacturers
2.1 North America Shock Absorbers Sales and Market Share by Manufacturer
2.2 North America Shock Absorbers Revenue and Market Share by Manufacturer
2.3 North America Shock Absorbers Average Price by Manufacturers
2.4 Manufacturers Shock Absorbers Production Sites, Area Served, Product Types
2.5 Shock Absorbers Market Competitive Situation and Trends
2.5.1 Shock Absorbers Market Concentration Rate
2.5.2 North America Top 5 and Top 10 Players Market Share by Revenue
2.5.3 Mergers & Acquisitions, Expansion
3 Shock Absorbers Manufacturing Cost Analysis
3.1 Shock Absorbers Key Raw Materials Analysis
3.1.1 Key Raw Materials
3.1.2 Key Suppliers of Raw Materials
3.2 Proportion of Manufacturing Cost Structure
3.3 Manufacturing Process Analysis
3.4 Shock Absorbers Chain Analysis
4 Marketing Channel, Distributors and Customers
4.1 Marketing Channel
4.2 Shock Absorbers Distributors List
4.3 Shock Absorbers Customers
5 Shock Absorbers Retrospective Market Scenario by Region
5.1 North America Shock Absorbers Retrospective Market Scenario in Consumption 2018-2023
5.2 North America Shock Absorbers Consumption
5.2.1 North America Shock Absorbers Consumption by Country (2018-2023)
5.2.2 North America Shock Absorbers Revenue by Country (2018-2023)
5.2.3 USA Shock Absorbers Consumption and Growth (2018-2023)
5.2.4 Canada Shock Absorbers Consumption and Growth (2018-2023)
5.2.5 Mexico Shock Absorbers Consumption and Growth (2018-2023)
6 North America Shock Absorbers Sales, Revenue, Price Trend by Type
6.1 North America Shock Absorbers Sales and Market Share by Type (2018-2023)
6.2 North America Shock Absorbers Revenue Market Share by Type (2018-2023)
6.3 North America Shock Absorbers Price by Type (2018-2023)
7 North America Shock Absorbers Consumption Analysis by Application
7.1 North America Shock Absorbers Consumption Market Share by Application (2018-2023)
7.2 North America Shock Absorbers Consumption Growth Rate by Application (2018-2023)
8 Manufacturers Profiles
8.1 Monroe
8.1.1 Business Overview
8.1.2 Shock Absorbers Product Introduction, Application and Specification
8.1.3 MonroeShock Absorbers Sales, Price, Revenue, Gross Margin
8.2 KYB North America
8.2.1 Business Overview
8.2.2 Shock Absorbers Product Introduction, Application and Specification
8.2.3 KYB North AmericaShock Absorbers Sales, Price, Revenue, Gross Margin
8.3 Gabriel
8.3.1 Business Overview
8.3.2 Shock Absorbers Product Introduction, Application and Specification
8.3.3 GabrielShock Absorbers Sales, Price, Revenue, Gross Margin
8.4 Fox Factory
8.4.1 Business Overview
8.4.2 Shock Absorbers Product Introduction, Application and Specification
8.4.3 Fox FactoryShock Absorbers Sales, Price, Revenue, Gross Margin
8.5 BILSTEIN
8.5.1 Business Overview
8.5.2 Shock Absorbers Product Introduction, Application and Specification
8.5.3 BILSTEINShock Absorbers Sales, Price, Revenue, Gross Margin
8.6 Hitachi Astemo, Ltd.
8.6.1 Business Overview
8.6.2 Shock Absorbers Product Introduction, Application and Specification
8.6.3 Hitachi Astemo, Ltd.Shock Absorbers Sales, Price, Revenue, Gross Margin
8.7 ADD Industry Zhejiang Co., Ltd
8.7.1 Business Overview
8.7.2 Shock Absorbers Product Introduction, Application and Specification
8.7.3 ADD Industry Zhejiang Co., LtdShock Absorbers Sales, Price, Revenue, Gross Margin
8.8 ZF
8.8.1 Business Overview
8.8.2 Shock Absorbers Product Introduction, Application and Specification
8.8.3 ZFShock Absorbers Sales, Price, Revenue, Gross Margin
8.9 KONI
8.9.1 Business Overview
8.9.2 Shock Absorbers Product Introduction, Application and Specification
8.9.3 KONIShock Absorbers Sales, Price, Revenue, Gross Margin
8.10 Skyjacker
8.10.1 Business Overview
8.10.2 Shock Absorbers Product Introduction, Application and Specification
8.10.3 SkyjackerShock Absorbers Sales, Price, Revenue, Gross Margin
9 Shock Absorbers Market Dynamics
9.1 Shock Absorbers Industry Trends
9.2 Shock Absorbers Growth Drivers
9.3 Shock Absorbers Market Challenges
9.4 Shock Absorbers Market Restraints
10 Forecast by Type and By Application (2023-2029)
10.1 North America Sales, Revenue and Price Forecast by Type (2023-2029)
10.1.1 North America Forecasted Sales of Shock Absorbers by Type (2023-2029)
10.1.2 North America Forecasted Revenue of Shock Absorbers by Type (2023-2029)
10.1.3 North America Forecasted Price of Shock Absorbers by Type (2023-2029)
10.2 North America Sales, Revenue and Price Forecast by Application (2023-2029)
10.2.1 North America Forecasted Sales of Shock Absorbers by Application (2023-2029)
10.2.2 North America Forecasted Revenue of Shock Absorbers by Application (2023-2029)
10.2.3 North America Forecasted Price of Shock Absorbers by Application (2023-2029)
10.3 North America Shock Absorbers Market Estimates and Projections by Region
10.3.1 North America Forecasted Sales of Shock Absorbers (2023-2029)
10.3.2 North America Forecasted Revenue of Shock Absorbers (2023-2029)
Research Findings and Conclusion
Methodology and Data Source
A Methodology
Research Process
Market Size Estimation
Market Breakdown and Data Triangulation
B Data Source
Legal Disclaimer
List of Tables and Figures
Figure Shock Absorbers Picture
Table North America Shock Absorbers Market Size by Type (Volume) & (2023 VS 2029)
Table North America Shock Absorbers Consumption Comparison by Application: 2023 VS 2029
Figure North America Shock Absorbers Revenue ($) and Growth Rate (2018-2029)
Figure North America Shock Absorbers Sales and Growth Rate (2018-2029)
Table Shock Absorbers Market Size Comparison by Region: 2018 VS 2023 VS 2029
Figure (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table COVID-19 Landscape: Shock Absorbers Industry Impact
Table COVID 19 - Impact Assessment for the Industry
Table COVID 19 Impact: Global Major Government Policy
Table Market Trends and Opportunities in the COVID-19 Landscape
Table North America Shock Absorbers Sales by Manufacturer (2018-2023)
Table North America Shock Absorbers Sales Market Share by Manufacturer (2018-2023)
Figure North America Shock Absorbers Sales Market Share by Manufacturer in 2023
Table North America Shock Absorbers Revenue ($) by Manufacturer (2018-2023)
Table North America Shock Absorbers Revenue Market Share by Manufacturer (2018-2023)
Figure North America Shock Absorbers Revenue Market Share by Manufacturer in 2023
Table North America Shock Absorbers Price by Manufacturer (2018-2023)
Table Manufacturers Shock Absorbers Production Sites, Area Served, Product Types
Table Shock Absorbers Market Concentration Rate
Figure Global Top 5 and Top 10 Players Market Share by Revenue in 2023
Table Mergers & Acquisitions, Expansion Plans
Table Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Proportion of Manufacturing Cost Structure
Table Shock Absorbers Chain Analysis
Figure Marketing Channel
Table Major Distributors of Shock Absorbers with Contact Information
Table Major Customers of Shock Absorbers with Contact Information
Figure North America Shock Absorbers Consumption 2018-2023
Table North America Shock Absorbers Consumption by Countries (2018-2023)
Table North America Shock Absorbers Consumption Market Share by Countries (2018-2023)
Figure North America Shock Absorbers Consumption Market Share by Countries in 2018
Figure North America Shock Absorbers Consumption Market Share by Countries in 2023
Table North America Shock Absorbers Revenue by Countries (2018-2023)
Table North America Shock Absorbers Revenue Market Share by Countries (2018-2023)
Figure North America Shock Absorbers Revenue Market Share by Countries in 2018
Figure North America Shock Absorbers Revenue Market Share by Countries in 2023
Figure USA Shock Absorbers Consumption and Growth (2018-2023)
Figure USA Shock Absorbers Revenue and Growth (2018-2023)
Figure Canada Shock Absorbers Consumption and Growth (2018-2023)
Figure Canada Shock Absorbers Revenue and Growth (2018-2023)
Figure Mexico Shock Absorbers Consumption and Growth (2018-2023)
Figure Mexico Shock Absorbers Revenue and Growth (2018-2023)
Table North America Shock Absorbers Sales by Types (2018-2023)
Table North America Shock Absorbers Sales Market Share by Types (2018-2023)
Table North America Shock Absorbers Revenue by Types (2018-2023)
Table North America Shock Absorbers Revenue Market Share by Types (2018-2023)
Table North America Shock Absorbers Price by Types (2018-2023)
Table North America Shock Absorbers Consumption by Application (2018-2023)
Table North America Shock Absorbers Consumption Share by Application (2018-2023)
Table Monroe Basic Information, Manufacturing Base
Table Shock Absorbers Product Introduction, Application and Specification
Table Monroe Shock Absorbers Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Monroe Sales and Growth Rate
Figure Monroe Revenue Market Share 2018-2023
Table KYB North America Basic Information, Manufacturing Base
Table Shock Absorbers Product Introduction, Application and Specification
Table KYB North America Shock Absorbers Sales, Price, Revenue, Gross Margin (2018-2023)
Figure KYB North America Sales and Growth Rate
Figure KYB North America Revenue Market Share 2018-2023
Table Gabriel Basic Information, Manufacturing Base
Table Shock Absorbers Product Introduction, Application and Specification
Table Gabriel Shock Absorbers Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Gabriel Sales and Growth Rate
Figure Gabriel Revenue Market Share 2018-2023
Table Fox Factory Basic Information, Manufacturing Base
Table Shock Absorbers Product Introduction, Application and Specification
Table Fox Factory Shock Absorbers Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Fox Factory Sales and Growth Rate
Figure Fox Factory Revenue Market Share 2018-2023
Table BILSTEIN Basic Information, Manufacturing Base
Table Shock Absorbers Product Introduction, Application and Specification
Table BILSTEIN Shock Absorbers Sales, Price, Revenue, Gross Margin (2018-2023)
Figure BILSTEIN Sales and Growth Rate
Figure BILSTEIN Revenue Market Share 2018-2023
Table Hitachi Astemo, Ltd. Basic Information, Manufacturing Base
Table Shock Absorbers Product Introduction, Application and Specification
Table Hitachi Astemo, Ltd. Shock Absorbers Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Hitachi Astemo, Ltd. Sales and Growth Rate
Figure Hitachi Astemo, Ltd. Revenue Market Share 2018-2023
Table ADD Industry Zhejiang Co., Ltd Basic Information, Manufacturing Base
Table Shock Absorbers Product Introduction, Application and Specification
Table ADD Industry Zhejiang Co., Ltd Shock Absorbers Sales, Price, Revenue, Gross Margin (2018-2023)
Figure ADD Industry Zhejiang Co., Ltd Sales and Growth Rate
Figure ADD Industry Zhejiang Co., Ltd Revenue Market Share 2018-2023
Table ZF Basic Information, Manufacturing Base
Table Shock Absorbers Product Introduction, Application and Specification
Table ZF Shock Absorbers Sales, Price, Revenue, Gross Margin (2018-2023)
Figure ZF Sales and Growth Rate
Figure ZF Revenue Market Share 2018-2023
Table KONI Basic Information, Manufacturing Base
Table Shock Absorbers Product Introduction, Application and Specification
Table KONI Shock Absorbers Sales, Price, Revenue, Gross Margin (2018-2023)
Figure KONI Sales and Growth Rate
Figure KONI Revenue Market Share 2018-2023
Table Skyjacker Basic Information, Manufacturing Base
Table Shock Absorbers Product Introduction, Application and Specification
Table Skyjacker Shock Absorbers Sales, Price, Revenue, Gross Margin (2018-2023)
Figure Skyjacker Sales and Growth Rate
Figure Skyjacker Revenue Market Share 2018-2023
Table North America Shock Absorbers Sales Forecast by Types (2023-2029)
Table North America Shock Absorbers Market Share Forecast by Types (2023-2029)
Table North America Shock Absorbers Revenue Forecast by Types (2023-2029)
Table North America Shock Absorbers Market Share Forecast by Types (2023-2029)
Table North America Shock Absorbers Price Forecast by Types (2023-2029)
Table North America Shock Absorbers Sales Forecast by Application (2023-2029)
Table North America Shock Absorbers Market Share Forecast by Application (2023-2029)
Table North America Shock Absorbers Revenue Forecast by Application (2023-2029)
Table North America Shock Absorbers Market Share Forecast by Application (2023-2029)
Table North America Shock Absorbers Price Forecast by Application (2023-2029)
Figure North America Forecasted Sales of Shock Absorbers (2023-2029)
Figure North America Forecasted Sales of Shock Absorbers (2023-2029)
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report