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Automotive Vibration Absorber Market

Automotive Vibration Absorber Market Analysis By Product (Brake, Internal Tube, Torsional, Active Absorbers, Steering Wheel Absorbers, Backrest Vibration Absorbers, Hydraulic Absorbers) By Vehicle Type, By Sales Channel & Region – Global Market Insights 2022 to 2032

Analysis of Automotive Vibration Absorber market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Automotive Vibration Absorber Market Outlook (2022-2032)

Expanding at a CAGR of 3.5%, the global automotive vibration absorber market is projected to increase from a valuation of US$ 24.45 billion in 2022 to US$ 34.41 billion by the end of 2032.

Innovative torsional vibration absorbers with a basic design and affordable manufacturing are majorly driving market expansion. Torsional vibration absorber technology is anticipated to develop with the rising hybridization and electrification of vehicles over the coming years.

Report Attributes

Details

Automotive Vibration Absorber Market Size(2022E)

US$ 24.45 Billion

Forecasted Market Value (2032F)

US$ 34.41 Billion

Global Market Growth Rate (2022-2032)

3.5% CAGR

North America Market Share (2022)

19.6%

Europe Market Share (2022)

23.2%

Key Companies Profiled

  • Tuopu Group
  • Schaeffler AG
  • ZF Friedrichshafen AG
  • Continental AG
  • Winkelmann Automotive
  • Geislinger GmbH
  • FAI Automotive plc
  • SGF GmbH & Co. KG
  • Knorr-Bremse AG
  • Vibratech TVD
  • Voith GmbH & Co. KGaA

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Demand Analysis of Automotive Vibration Absorbers (2017-2021) Vs. Market Outlook (2022-2032)

“Rising Need for Noise & Vibration Reduction in Vehicles Driving Demand for Automotive Vibration Absorbers”

According to Fact.MR, a market research and competitive intelligence provider, sales of automotive vibration absorbers are projected to rise at a CAGR of 3.5% from 2022 to 2032.

Automotive vibration absorbers are made by the vibration control industry and are utilized in suspension parts to lessen noise and vibration in cars, engines, powertrains, and other machine constructions.

As suspension systems play a vital role in maintaining the safety and comfort of vehicle users and other participants on the road, automotive vibration absorbers, an integral part of suspension systems, are highly sought after in the automotive vibration control system industry.

Automotive vibration absorbers are installed in automobiles to eliminate infuriating vibrations and noise and to provide better acoustic and enhanced riding comfort. Apart from their use in suspension systems, there are different types of automotive vibration absorbers available.

While analyzing the word vibration, a vibration neutralizer or an absorber is a system that lessens or removes the vibration of the system which is harmonically excited. This system plays a major part in the automotive industry.

If accurately applied automotive vibration absorbers defuse unwanted vibration that might decrease the service life of engines and also cause mechanical damage.

Though automotive vibration absorbers assist in removing vibrations at the usual or normal frequency of the system, these absorbers also create two innovative and new normal frequencies. Therefore, it is essential to choose the mass of the absorber in a bid to get an effective system of automotive vibration absorbers.

Automotive vibration absorber market forecast by Fact.MR

Automotive Vibration Absorber Market

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Why is There a Major Uptick in Revenue from Automotive Vibration Absorbers?

“Development of Compatible Products with Present Regulatory Environment”

The automotive sector is developing rapidly and also witnessing a huge growth in the sales of high-end and luxury cars. Increasing population and growing disposable income is another factor that is boosting the sales of high-end cars, ultimately fueling the growth of the automotive vibration absorbers/dampers market.

The automotive component industry has always been under the scanner of regulating authorities and is required to adhere to various guidelines issued by them.

Such regulations existing in the automotive interior material market have compelled manufacturers to develop products that are compatible with the present regulatory environment. This factor is also responsible for increasing the evolution of the advanced suspension control system market.

Know thy Competitors

Competitive landscape highlights only certain players
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What Strategies are New Companies Implementing?

“New Entrants Resorting to Advanced Manufacturing Techniques for Product Enhancement”

New companies are modernizing and expanding their product technology and manufacturing techniques as well as introducing new items to preserve their place in the competitive worldwide market.

For instance :

  • Vibracoustic N.A. developed Microcellular urethane material (MCU) for engine and body fitting, as well as a technique for maximizing its utilization. Other components include dual-mode engine crankshaft absorbers and linear mass dampers that can be adjusted to lessen unwanted vibrations.

Which Regional Markets Should Automotive Vibration Absorber Manufacturers Focus On?

“China Leading Market with Rapid Industrialization & Growing Usage of Assembled Dampers”

China is leading the global automotive vibration absorber market with 32%. Rapid industrialization, rising demand for dynamic vibration absorbers, and the presence of key manufacturers are driving the market growth in China.

With 23.2% share, Europe is also one of the most important markets in the globe for automotive vibration absorbers. Increasing adoption of steering wheel absorbers, growing usage of assembled dampers, and rising disposable income are the factors supporting the market expansion in Europe.

Germany in Europe region is the fourth largest market in terms of passenger vehicles, naturally, Germany also create a positive impact on the automotive vibration absorber market.

Being the second-largest passenger and automotive vehicle market across the globe, the United States is the key market for automotive vibration absorbers in North America.

Why is Demand for Torsional Vibration Absorbers Increasing Rapidly?

“Rapid Deployment of Torsional Vibration Absorbers for Better Engine Performance”

Based on product, the market is segmented into brake vibration absorbers, internal tube vibration absorbers, torsional vibration absorbers, active absorbers, steering wheel absorbers, backrest vibration absorbers, and hydraulic absorbers. Torsional vibration absorbers account for the highest share of the automotive vibration absorber market.

In recent years, there has been an increase in demand for passenger cars, which has led to a large increase in automobile production. Consumers' preference for better and safer driving dynamics has grown. Demand for torsional vibration absorbers is anticipated to grow more rapidly as engines perform better and are more reliable.

While producing torsional vibration absorbers of the highest caliber, producers also do research and development. Sales of torsional vibration absorbers are expected to be primarily driven by reduced fuel economy and ride comfort over the coming years.

Competitive Landscape

Key manufacturers are focusing on integrating advanced technology in automotive vibration absorber production to meet varied consumer demands. They are gradually using modular platforms in lower-cost manufacturing locations to build more advanced models on the same platform. This new trend is having a positive impact on the automotive vibration absorber market.

For instance :

  • In 2021, a small, reasonably-priced vibration and temperature sensor from SKF was made to monitor rotating components in large industrial machines. The SKF Enlight Collect IMx-1 sensor, which is primarily intended for use as part of an SKF rotating equipment performance solution, helps customers cut back on costly, unplanned downtime and maintenance expenses.

Key Segments in Automotive Vibration Absorber Industry Research

  • Automotive Vibration Absorber Market by Product :

    • Brake Vibration Absorbers
    • Internal Tube Vibration Absorbers
    • Torsional Vibration Absorbers
    • Active Absorbers
    • Steering Wheel Absorbers
    • Backrest Vibration Absorbers
    • Hydraulic Absorbers
  • Automotive Vibration Absorber Market by Vehicle Type :

    • Passenger Vehicles
    • Commercial Vehicles
  • Automotive Vibration Absorber Market by Sales Channel :

    • OEMs
    • Aftermarket
  • Automotive Vibration Absorber Market by Region :

    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

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The automotive vibration absorber market stands at US$ 24.45 billion.

Top 3 countries in the market account for 39.6% share.

China dominates the market with 32% market share.

Automotive vibration absorber demand is predicted to rise at 3.5% CAGR.

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