Automotive Vibration Absorbers/Dampers Market - Introduction
Automotive vibration absorbers/dampers reduce the creaking sound that occurs from the vehicle during running or while riding on uneven terrain. This unwanted vibration can damage the parts of the vehicle and reduce driving comfort. Manufacturers utilize dampers or vibration absorbers between the two rubbing and moving surface to reduce the tension between them and also to reduce the tendency of these surfaces to create vibrations. Vibrations or noise can occur from various parts of the vehicle such as engine mountings, exhaust mountings, shock absorbers, doors, powertrains, and others.
The suspension system plays a vital role in reducing shocks and damping sounds that occur during the running of the vehicle to provide and maintain comfort inside the vehicle. Automotive vibration absorbers/dampers are an integral part of the suspension system due to the high sound resonating capacity of dampers.
Automotive vibration absorbers/dampers are installed in automobiles to eliminate infuriating vibrations and noise for better acoustic and enhanced riding comfort in the vehicle. Automotive vibration absorber/dampers are not only equipped in the suspension system, but they can also be employed as torsional vibration absorber, brake vibration absorber, active absorbers, steering wheel absorber, internal tube vibration absorber, hydraulic absorber, and backrest vibration absorber. Unfavorable vibration in an automobile can lead to various material fatigue; hence, automotive vibration absorbers play an important role in boosting the lifespan of vehicles.
Automotive Vibration Absorbers/Dampers Market – Competitive Landscape
ZF Friedrichshafen AG
ZF Friedrichshafen AG was founded in 1915. The company, with headquarters in Baden-Württemberg, Germany, is a leading supplier of automotive products, such as automotive vibration absorbers/dampers, to the aftermarket industry. The company operates through 230 locations in 40 countries across the globe. The company provides products and services to various types of vehicles such as passenger vehicles, commercial vehicles, motorcycles, trains, and boats.
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Continental AG was founded in 1871, and currently has headquarters in Hanover, Germany. Continental AG is a leading supplier of components in the automobile industry. The company operates through two major groups: automotive group and rubber group, which is further divided into various business verticals such as powertrain, chassis & safety, interior, tires and services. The company also provide damping solutions. The company has a global presence and operates through several locations across the Americas, Africa, Europe, and Middle East & Africa.
Tuopu Group was founded in 1983, with headquarters in Ningbo, China. The company primarily operates through the following business segments: vibration control series, interior & exterior, power chassis system, mechatronic system, and lightweight products. Its products include powertrain mounting, chassis bushing, rubber metal parts, torsional vibrational damper, and aluminum die-casting. Tuopu Group provides services in seven countries and owns manufacturing units in China and Brazil.
Schaeffler AG was founded in 1946, with headquarters in Herzogenaurach, Germany. The company primarily operates through the following business segments: Automotive OEM, automotive aftermarket, industrial and products. Schaeffler AG offers products and services to various industries including mobility, industrial distribution, and aerospace.
Winkelmann Automotive was founded in 1898, with headquarters in Ahlen, Germany. It is a part of the Winkelmann Group of companies that cater to the automobile industry. The Group has four business units: Automotive, building, industry, and steel. Under its automotive business unit, the company produces several products including dampers, pulley and wheels, and transmission components.
Rising demand for safe and comfortable vehicles.
Rising demand for safe and comfortable vehicles is a major factor driving the automotive vibration absorbers/dampers market. Vehicles are equipped with several components and parts that can produce unwanted vibrations, which can lead to dislocation of parts and wear & tear. Vehicles are equipped with vibration absorbers/dampers to reduce vibrations and provide a comfortable ride to the driver and passengers. These are key factors that are expected to drive the automotive vibration absorbers/dampers market during the forecast period.
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Automotive Vibration Absorbers/Dampers Market – Segmentation
The automotive vibration absorbers/dampers market can be segmented based on:
- Sales Channel
- Vehicle Type
Automotive Vibration Absorbers/Dampers Market – By Type
Based on type, the automotive vibration absorbers/dampers market can be classified into:
- Mechanical springs
- Rubber pads
- Dense Foam
Automotive Vibration Absorbers/Dampers Market – By Product
Based on product, the automotive vibration absorbers/dampers market can be split into:
- Assembled dampers
- Vulcanized dampers
- Viscous dampers
Automotive Vibration Absorbers/Dampers Market – By Sales Channel
Based on sales channel, the automotive vibration absorbers/dampers market can be bifurcated into:
Automotive Vibration Absorbers/Dampers Market – By Vehicle Type
Based on vehicle type, the automotive vibration absorbers/dampers market can be segregated into:
- Passenger Vehicle
- Commercial Vehicle
The report on automotive vibration absorbers/dampers market is a compilation of firsthand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The automotive vibration absorbers/dampers market report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The automotive vibration absorbers/dampers market report also maps the qualitative impact of various market factors on automotive vibration absorbers/dampers market segments and geographies.
Regional analysis for the automotive vibration absorbers/dampers market includes:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa (MEA)
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.