Industrial shock absorbers are hydraulic components that reliably decelerate moving masses allowing machines to operate at faster speeds and reduce maintenance costs. Industrial shock absorbers work by restricting the flow of oil through a series of metering holes. When the piston rod is pushed into the cylinder, oil is displaced through differing sized holes which are progressively closed off. As a result the speed gradually decreases as the shock absorber is compressed providing the lowest possible reaction force.
Europe and North America regions are estimated to remain dominant the Industrial Hydraulic Shock Absorber market over the forecast period, due to high product maturity and high technological advancements in industry. Latin America and Middle-East & Africa markets are estimated to witness high growth potential over the forecast period.
The Asia-Pacific shock absorbers market is estimated to witness the highest growth rate over the forecast period. Countries, such as China and India are estimated to be growth drivers in the Asia-Pacific shock absorbers market.
According to this study, over the next five years the Industrial Hydraulic Shock Absorber market will register a 3.5% CAGR in terms of revenue, the global market size will reach USD 320 million by 2024, from USD 260 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Industrial Hydraulic Shock Absorber business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Hydraulic Shock Absorber market by product type, application, key manufacturers and key regions and countries.
This study considers the Industrial Hydraulic Shock Absorber value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Adjustable Shock Absorber
Non-adjustable Shock Absorber
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Metalworking
Factory Automation
Material Handling & Packaging
Pharmaceutical & Medical
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Parker Hannifin
ITT Enidine
ACE Controls
Zimmer Group
AVENTICS
Weforma
Modern Industries
Hanchen
Koba
Taylor Devices
Wuxi BDC
IZMAC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Industrial Hydraulic Shock Absorber consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Industrial Hydraulic Shock Absorber market by identifying its various subsegments.
Focuses on the key global Industrial Hydraulic Shock Absorber manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Industrial Hydraulic Shock Absorber with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Industrial Hydraulic Shock Absorber submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
