Allied Market Research
Loading...
Cart
0
Allied Market Research

Industrial Shock Absorbers Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A07899
Pages: NA
Dec 2020 | 31 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Industrial Shock Absorbers Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Request Now !

Industrial Shock Absorbers Market Outlook - 2027

Industrial shock absorbers are the devices that are hydraulically driven and are used to minimize the vibrations on moving objects. These devices also help to minimize the noise levels from machinery, increase process speed, production quality, and durability of production facilities. These devices convert the kinetic energy to thermal energy and the motion is applied to the shock absorber by the piston. This pressurizes the fluid inside the shock absorber and forces it to flow through the restricted orifices, which causes the fluid to gain heat and the thermal energy is passed to the cylinder body and it is exerted into the atmosphere. The industrial shock absorbers reduce the vibrations and shocks from the machinery and reduce the machine damage, which eventually reduces the downtime and maintenance costs as well.

Market scope and structure analysis:

          Report Metric

                                              Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value ($Million)

  Segments covered

  Product type, end-use industry, operation type, and region

  Geographies covered

North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, Italy, and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and the Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

Major players analyzed include ACE Controls Inc., Modern Industries, Inc., Universal Power Conversion, Inc., BIBUS AG, Slam Proof Ltd., Parker Hannifin Corporation., Weforma Dämpfungstechnik GmbH, Pennar Industries Limited, ZIMMER GROUP, and KYB Corporation.

 

COVID-19 Scenario analysis:

  • COVID-19 pandemic has shut-down the production of various products in the industrial shock absorbers industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of industrial shock absorbers market significantly from last few months, as is likely to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Drivers, restraints, and opportunities

The growing material handling and packaging industry worldwide is a major factor that is expected to drive the growth of the industrial shock absorbers market. Besides, manufacturers endeavor to multiply the productivity by operating their machines at a higher speed that results in increased noise levels, and also affects the safety and reliability of the machines, which can be countered by using industrial shock absorbers. This factor can potentially fuel the growth of the industrial shock absorbers market. Moreover, growing demand from end-use industries such as pharmaceutical, medical, factory automation, and others can boost the growth of the industrial shock absorbers market. However, industrial shock absorbers break down after a certain period, therefore they require regular checking and maintenance, which is a restraining factor for the market growth. On the contrary, manufacturers focusing on implementing automation production processes across various industries are anticipated to provide lucrative growth opportunities for the industrial shock absorbers market during the forecast period.

Trends in the industrial shock absorbers market

Manufacturers in the industrial shock absorbers market are focusing on new product developments with advanced features to differentiate their products from others in the market. For instance, in 2017, WDS Components Parts Ltd., a U.K. based company launched adjustable and self-compensating industrial shock absorbers. This device is designed to enhance product handling in automated package handling and manufacturing applications. Also, it is designed to gradually and smoothly decelerate the movement of the machine components without and bounce-back. WDS industrial shock absorbers are sealed for life and are maintenance-free. Besides, they are available in two variations, self-compensating and adjustable that come in a range of capacities and sizes. These shock absorbers have a robust steel design provided with rubber end caps and they can work in a temperature range from -10°C to 85°C with a stroke length variation from 15mm to 50mm. Such new advanced products offered by key market players can create a significant positive impact on the growth of the industrial shock absorbers market in the upcoming years. 

Growing demand for comfort and luxury in automobiles

Growing preference for premium and luxury vehicles has dramatically increased over the past few years due to factors such as changing lifestyles, increased purchase power, expansion of the middle class, and increasing disposable income of the customers. As a result, there has been an increasing demand for comfort in new automobile designs. Comfort providing elements such as heater technology and shock absorbers are being widely installed in an array of vehicles such as passenger cars, light vehicles, agricultural vehicles, and premium two-wheelers. Growing demand for the comfort equipment from the automobile industry can be augmented for the positive growth of the industrial shock absorbers market in the upcoming years.

Key segments covered:

                    Segments

                        Sub-segments

  Product type

  1. Miniature Shock Absorber
  2. Mega-Line Shock Absorber
  3. Heavy Shock Absorber
  4. Self-Compensating Adjustable

  End-use industry

  1. Pharmaceutical & Medical
  2. Material Handling & Packaging
  3. Factory Automation
  4. Metalworking
  5. Others

  Operation type

  1. Mechanical
  2. Hydraulic
  3. Pneumatic

 

Key benefits of the report:

  • This study represents the analytical representation of the global industrial shock absorbers market combined with the ongoing trends and future predictions to determine investment opportunities.
  • The present market is thoroughly analyzed from 2019 to 2027 to enlighten the industrial shock absorbers market growth.
  • The report gives information regarding the important drivers, restraints, and opportunities provided with an in-depth analysis of the global industrial shock absorbers market.
  • Segmentation details of the global industrial shock absorbers market.
  • The report gives a comprehensive global industrial shock absorbers market analysis based on competitiveness and how the performance of the competitors will take shape in the coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Industrial Shock Absorbers Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts