Global Market Study on Automotive Gas Charged Shock Absorbers: Immense Traction from Passenger Cars to Drive Growth


Automotive Gas Charged Shock Absorbers  Market
  • Report code : PMRREP27694 |
  • Industry : Automotive |
  • Published On : Mar-2019 |
  • Pages : 139 Pages |
  • Format : Automotive Gas Charged Shock Absorbers  Market Automotive Gas Charged Shock Absorbers  Market Automotive Gas Charged Shock Absorbers  Market Automotive Gas Charged Shock Absorbers  Market

Shock absorbers are hydraulic or mechanical equipment designed to absorb damp shock impulses, while providing not only driving comfort, but also optimal driving behavior and seamless controllability. The automotive gas charged shock absorbers, also referred to as gas-filled shock absorbers, have gas filled in shocks tubes. They are usually filled with nitrogen gas as it helps alleviate cavitation and aeration during damper operations. Recently, automotive gas charged shock absorbers have gained traction owing to numerous factors, such as requirement for driving comfort and driver’s safety.

Adoption of Unique Strategies Intensifying Market Competition

The robust competition in automotive gas charged shock absorbers market is propelling automotive gas charged shock absorbers’ manufacturers to implement unique growth strategies to gain a competitive edge in automotive gas charged shock absorbers market. To capitalize on this progressive demand for automotive gas charged shock absorbers, the leading players in automotive gas charged shock absorbers market are increasingly considering novel product launches, mergers and acquisitions, and are diversifying their businesses to achieve a pole position in automotive gas charged shock absorbers marketplace.

With such initiatives and efforts increasingly being taken by automotive gas charged shock absorbers’ manufacturers, the automotive gas charged shock absorbers market is set to witness tremendous changes, while creating lucrative growth opportunities at the same time.

In recent past, the automotive gas charged shock absorbers market has observed notable developments from a competition perspective. Manufacturers are increasingly focusing on growing their presence in the aftermarket of South East Asian Countries due to the prolific opportunities available there.

Some of the notable developments in automotive gas charged shock absorbers market include:

  • A leading player in automotive gas charged shock absorbers market, Motherson Sumi Systems (MSSL), flagship firm of Samvardhana Motherson Group (SMG) has acquired Reydel Automotive Group (Reydel), an interior components and modules manufacturer for USD 201 million. As per the SMG group the acquisition through its step down subsidiary SMRP BV will reinforce the group’s position in the automotive interiors space.
  • Another leading player in automotive gas charged shock absorbers market, ZF Friedrichshafen AG has opened a novel testing center for drive technologies. The new center will offer expanded capacities for testing hybrid, combustion and electric engine drives in Friedrichshafen.
  • In 2018, a leading supplier of replacement parts, Tenneco Inc., introduced CVSA2 suspension technology for Mercedes-Benz G-Class SUVs with an aim to grow its foothold in the SUV vehicle segment.

Detailed profiling of other leading manufacturers operating in automotive gas charged shock absorbers market has also been included in worldwide automotive gas charged shock absorbers market report. Key players operating in automotive gas charged shock absorbers market include Hitachi Automotive Systems Ltd.,  Samvardhana Motherson Group (SMG), ZF Friedrichshafen AG, ITT Corporation, Showa Corporation,  Thyssenkrupp AG, Magneti Marelli S.p.A., Arnott Inc., KONI, Tenneco Inc., ACDelco Inc., Gabriel India Limited, Meritor, Inc., Duro Shox Pvt Ltd,  Zhejiang Sensen Auto Parts Co., Ltd. and KYB Corporation.

Widespread Adoption of Mono Automotive Gas Charged Shock Absorbers in Two Wheelers

The mono tube variant of automotive gas charged shock absorbers is increasingly witnessing immense adoption in two wheelers as compared to twin automotive gas charged shock absorbers. The growing demand for mono automotive gas charged shock absorbers can be attributed to its ability to cater to the consumer demand for better stability at high speeds. Moreover, mono automotive gas charged shock absorbers make smooth two wheeler rides possible even on bad roads, which is bringing traction to the automotive gas charged shock absorbers market.

Burgeoning Demand from Passenger Cars Creating Significant Opportunities

The proliferating demand for protection of crucial vehicular components from early tear and failure coupled with requirement for optimal on-road performance have been propelling automotive manufacturers to deploy damping control technology. With manufacturers inducing such technology in vehicles, the need for automotive gas charged shock absorbers is set to grow. Passenger cars are witnessing immense reception of twin tube automotive gas charged shock absorbers due to the growing driver preference for extraordinary comfort level and driving experience. This growing uptake passenger cars is likely to drive growth in automotive gas charged shock absorbers market.

Technologically Advanced Electronic and Monotube Variants Replacing Conventional Shock Absorbers

Monotube shock absorbers are witnessing huge preference over twin-tube design due to its design that prevents cavitation and aeration from occurring. They have even gained prominence as a viable option for SUV rear axles, sports car applications, and luxury sedans. This is because monotube shock absorbers offer faster damping reaction and propel responses to rapidly altering road conditions due to the constant pressure that gas exerts on the oil. Further, such properties also provide impressive road holding capability and steering control, thereby underpinning sales of monotube shock absorbers. Though the exterior outlook and dimensions of monotube shock absorbers are just like twin-tube shock absorbers, they exhibit a broader pressure area due to more oil space and bigger piston, leading to an efficient heat dissipation.

Aftermarket Sales Accelerating Automotive Gas Charged Shock Absorbers Market Growth

The durability of automotive gas charged shock absorbers relies primarily on road conditions and driving method. Furthermore, regular care of vehicle is utmost, especially due to the widespread prevalence of bad road conditions in several parts of the world, which is driving the need for changing gas charged shock absorbers on regular basis. As a result the demand for aftermarket sales is set to roar in automotive gas charged shock absorbers market.

A recently compiled report of PMR, titled “Global Market Study on Automotive Gas Charged Shock Absorbers: Immense Traction from Passenger Cars to Drive Growth,” gives an exhaustive snapshot of global automotive gas charged shock absorbers market. Size of automotive gas charged shock absorbers market has been studied for the historical period (2013-2017) and forecast period (2018-2027) and has been provided in terms of value (US$ MN) and volume (in ‘000 Units). The report also gives a detailed analysis and forecast on key segments and the competitive landscape of automotive gas charged shock absorbers market.

  • Summary – Automotive Gas Charged Shock Absorbers Market

A precise compilation of the automotive gas charged shock absorbers market has been offered in this chapter of the report, which provides a synopsis of significant findings in the market along with information on structure of the market. Opportunity assessment for players operating in automotive gas charged shock absorbers market has been detailed with the help of Wheel of Fortune. Main trends influencing the growth of automotive gas charged shock absorbers market has been explained thoroughly in this chapter.

  • Overview- Automotive Gas Charged Shock Absorbers Market

The report on automotive gas charged shock absorbers market offers a succinct overview of automotive gas charged shock absorbers market, such as market introduction and the definition of the key offering – automotive gas charged shock absorbers. A systematic breakdown of automotive gas charged shock absorbers market is mentioned in the report. Size of automotive gas charged shock absorbers market is analyzed by volume (tons) and value (MN), and forecast on automotive gas charged shock absorbers market has been provided for study period 2018 to 2028.

  • Market Analysis- Automotive Gas Charged Shock Absorbers Market

The global automotive gas charged shock absorbers market has been bifurcated by region, vehicle type, design type, and sales channel to analyze the global automotive gas charged shock absorbers market in terms of myriad aspects influencing the automotive gas charged shock absorbers market, with each segment offering information about quantitative and qualitative aspects of automotive gas charged shock absorbers market. The report has bifurcated the market into several regions to comparatively study the growth of automotive gas charged shock absorbers market. The report also offers details such as growth rates, market shares, and market value data for the foreseeable period.

  • North America - Automotive Gas Charged Shock Absorbers Market

This chapter offers a succinct introduction to the automotive gas charged shock absorbers market in North America along with an exhaustive analysis and forecast on demographic trends impacting the market growth. Key countries analyzed in North America automotive gas charged shock absorbers market include the U.S., and Canada. The volume and value forecast on automotive gas charged shock absorbers market in these regions have also been offered in this chapter.

  • Latin America - Automotive Gas Charged Shock Absorbers Market

A precise introduction to Latin America automotive gas charged shock absorbers market has been given in this chapter of the report. This part of the report provides accurate forecast on automotive gas charged shock absorbers market in the region by value and volume. Key countries studied under the Latin America automotive gas charged shock absorbers market  are Argentina, Peru, Mexico, Chile, Brazil, and Rest of Latin America.

  • Europe - Automotive Gas Charged Shock Absorbers Market

This chapter gives a concise introduction to automotive gas charged shock absorbers market in Europe along with a detailed analysis and forecast on regional trends impacting the market growth. Key countries assessed in Europe automotive gas charged shock absorbers market are Germany, Spain, United Kingdom, Italy, France, Benelux, Nordic Region, and rest of Europe. The value & volume forecast on automotive gas charged shock absorbers market in these regions have also been provided in this chapter.

  • Japan - Automotive Gas Charged Shock Absorbers Market

Japan’s automotive gas charged shock absorbers market has been broadly evaluated in this section of the report, and thorough analysis on key trends influencing the growth of market in the country has been offered. Volume & revenue comparison, Y-o-Y growth comparison, and the market share comparison of all the main segments assessed in the Japan automotive gas charged shock absorbers market have been delivered.

  • APEJ - Automotive Gas Charged Shock Absorbers Market

An introduction to Asia-Pacific excluding Japan (APEJ) automotive gas charged shock absorbers market has been provided in this part of the report. This section provides accurate forecast on automotive gas charged shock absorbers market in the region based on volume and value. Key countries analyzed under the APEJ automotive gas charged shock absorbers market are China, India, Japan, and Rest of APEJ. The automotive gas charged shock absorbers market in APEJ has also been assessed on the basis of application.

  • MEA - Automotive Gas Charged Shock Absorbers Market

This chapter of the report provides a quick introduction to the automotive gas charged shock absorbers market in Middle East & Africa (MEA) in tandem with a comprehensive analysis and forecast on demographic trends impacting the market growth. Key countries assessed in the MEA automotive gas charged shock absorbers market are the Turkey, South Africa, GCC countries, and Rest of MEA, and value & volume forecast on the automotive gas charged shock absorbers market in these countries have also been delivered in the report.

  • Competition Landscape - Automotive Gas Charged Shock Absorbers Market

The concluding part of the global automotive gas charged shock absorbers market report offers a comprehensive competition landscape, detailing companies’ market performance and shares to help the audience get a better idea about the competition in automotive gas charged shock absorbers market. The report includes company profiles of leading players functioning in global automotive gas charged shock absorbers market in tandem with myriad growth strategies being followed by them. This will give the readers a better idea about the strategies deployed by leading market players to move ahead of the competition.

Key players operating in automotive gas charged shock absorbers market include Hitachi Automotive Systems Ltd.,  Samvardhana Motherson Group (SMG), ZF Friedrichshafen AG, ITT Corporation, Showa Corporation,  Thyssenkrupp AG, Magneti Marelli S.p.A., Arnott Inc., KONI, Tenneco Inc., ACDelco Inc., Gabriel India Limited, Meritor, Inc., Duro Shox Pvt Ltd,  Zhejiang Sensen Auto Parts Co., Ltd. and KYB Corporation.

  • Research Methodology

The key information, valuable insights, and forecast data offered in detail in automotive gas charged shock absorbers market report is based on an exhaustive research methodology followed by PMR analysts to create report on automotive gas charged shock absorbers market. The research methodology includes exhaustive primary as well as secondary researches, which allowed the analysts to obtain exact details about the global automotive gas charged shock absorbers market.

The report provides concise automotive gas charged shock absorbers market size, and other vital numbers, such as CAGR and revenue share of diverse market segments for different regions. All the numeric data and insights mentioned in the report has undergone many validation funnels, before they got published in the final report.

PMR’s detailed research approach promises credibility of data and stats included. The aim of automotive gas charged shock absorbers market report is to provide accurate intelligence and actionable insights on automotive gas charged shock absorbers market to audience in order to aid them make smart decisions, which ensure future growth of their businesses in automotive gas charged shock absorbers market.

Companies covered in Automotive Gas Charged Shock Absorbers Market Report

Company Profiles:

  • Gabriel India Limited
  • Samvardhana Motherson Group (SMG)
  • Magneti Marelli S.p.A.
  • Tenneco Inc.
  • Meritor, Inc.
  • ZF Friedrichshafen AG
  • Hitachi Automotive Systems, Ltd.
  • Showa Corporation
  • KYB Corporation
  • thyssenkrupp AG
  • ITT Corporation
  • Arnott Inc.
  • ZF Friedrichshafen 
  • KONI
  • Duro Shox Pvt Ltd

Automotive Gas Charged Shock Absorbers Market

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