The vibration control industry manufactures automotive vibration absorbers used in suspension components for reducing noise and vibration in automobiles, engines, powertrains, and other machine constructions. As suspension systems play vital role in maintaining safety and comfort of vehicle users and other participants on road, automotive vibration absorber, an integral part of suspension system, are highly sought after in the automotive industry.
Automotive vibration absorbers are installed in the automobiles with the intention to eliminate infuriating vibrations and noise and to provide better acoustic and enhanced riding comfort. Apart from their use in suspension system, there are different types of automotive vibration absorbers available such as brake vibration absorber, internal tube vibration absorber, torsional vibration absorber, active absorbers, steering wheel absorber, backrest vibration absorber, and hydraulic absorber among many others. As unfavorable vibration in the automobile can lead to different material fatigue, automotive vibration absorbers play an important role in expanding life span of all vehicles.
In commercial or passenger vehicles, automotive vibration absorbers are installed in engine suspension system, chassis, drive train and other vehicle bodies. Other vehicle types such as industrial motor vehicles, motors, as well as rail vehicles are installed with automotive vibration Absorbers. Against the backdrop of flourishing automotive industry, and, in turn, thriving vibration control industry explains considerable growth of the automotive vibration absorber market in future.
While analyzing the word vibration, a vibration neutralizer or an absorber is a system that lessens or removes the vibration of system which is harmonically excited. This system plays major part of automotive industry. For instance, motors, pumps, rotating machines like engines are often tend to vibrate owing top revolving imbalances. This highly decreases the probability of resonance which is responsible for speedy catastrophic failure. If accurately applied an automotive vibration absorbers defuse unwanted vibration that would might be decrease service life of engine and also cause mechanical damage. Though automotive vibration absorbers assist in removing vibrations at usual or normal frequency of the system, these absorbers also create two innovative and new normal frequencies. Therefore it is very important to choose mass of the absorber in a bid to get effective system of automotive vibration absorber.
Automotive Vibration Absorber- Drivers
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 which is boosting the sales of high end cars, which ultimately fueling the growth of automotive vibration absorber 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 in increasing the evolution of the automotive vibration absorber market. Major players in the automotive vibration absorber market are focusing on vertically integrating the interiors supply chain to ensure that they can meet the demands of OEMs, who are gradually using modular platforms in lower cost manufacturing locations to build more models on the same platform. This new trend is creating positive impact on the automotive vibration absorber market.
Automotive Vibration Absorber- Restraints
Growth of automotive vibration absorber market is likely to be hampered by the rising prices of vibration absorbers. Attributing to a rise in prices, there has been a substitution effect, which is causing high-end materials to be replaced by low-end materials. Moreover, rising raw material prices are also projected to hamper sustainability and profitability of interior material manufacturers as an increase in production cost would directly be conveyed to overall vehicle production cost.
Automotive Vibration Absorber- Regional Outlook
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 region. Europe is also one of the most important market in the globe for automotive vibration absorber. German in Europe region is the fourth largest market in terms of passenger vehicle, naturally Germany also create positive impact on the automotive vibration absorber. Some of the other market in Europe region for the growth of automotive vibration absorber are Netherlands, U.K., Sweden, France, Belgium, Italy, and Spain. Asia Pacific is also create huge opportunities to create robust growth in automotive vibration absorber market. India and China are the largest markets in this region.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
Fact.MR offers custom research services that help clients to get specific research solutions