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    India Automotive Shock Absorber Market

    ID: MRFR/AM/52910-HCR
    200 Pages
    Sejal Akre
    September 2025

    India Automotive Shock Absorber Market Research Report By Technology (Air shock absorber, Damping shock absorber, Active, Semi-active) and By Application (Passenger Car, SUV Truck, Heavy Vehicle, E-Vehicle, Others)-Forecast to 2035

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    Table of Contents

    India Automotive Shock Absorber Market Summary

    The India Automotive Shock Absorber market is projected to grow significantly from 2.5 USD Billion in 2024 to 7.35 USD Billion by 2035.

    Key Market Trends & Highlights

    India Automotive Shock Absorber Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 10.3% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 7.35 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 2.5 USD Billion, laying a strong foundation for future expansion.
    • Growing adoption of advanced suspension technologies due to increasing consumer demand for vehicle comfort is a major market driver.

    Market Size & Forecast

    2024 Market Size 2.5 (USD Billion)
    2035 Market Size 7.35 (USD Billion)
    CAGR (2025-2035) 10.3%

    Major Players

    Mando, Showa, Monroe, Schaeffler, Bilstein, Endurance Technologies, Koni, Sankei, Tenneco, Continental, Boge, Ride Control, Gabriel

    India Automotive Shock Absorber Market Trends

    Significant changes are now being observed in the Indian automotive shock absorber market, which are being fueled by both shifting customer tastes and technology breakthroughs. The growing demand for passenger cars is a major market driver, as India's automobile industry is expanding rapidly as a result of urbanization and rising disposable incomes.

    Government programs to increase manufacturing and promote electric vehicles, which are gaining popularity among customers, are also speeding up this expansion. Due to the fact that electric and hybrid vehicles need specific shock absorbers to improve performance and ride quality, there are several opportunities in this market area.

    Furthermore, manufacturers are being encouraged to innovate and create cutting-edge suspension systems by the trend toward higher safety regulations and an emphasis on vehicle comfort.

    A noticeable trend in recent years has been the incorporation of smart technologies, such as adaptive suspension systems, which address the changing demands of Indian road conditions and improve handling and comfort in the process.

    Eco-friendly materials are becoming more popular in shock absorber manufacturing as a result of consumers' growing preference for companies that place a high priority on sustainability. Given India's objective of accelerating the adoption of green technologies, manufacturers who support these sustainability programs stand to gain a larger portion of the market.

    These trends and drivers point to a bright future for the Indian automotive shock absorber market, showing a dynamic shift towards innovation and consumer-centric solutions as the nation continues to concentrate on enhancing its automotive infrastructure and regulations.

    India Automotive Shock Absorber Market Drivers

    Market Segment Insights

    Automotive Shock Absorber Market Technology Insights

    Automotive Shock Absorber Market Technology Insights

    The Technology segment of the India Automotive Shock Absorber Market showcases a diverse set of innovations that play a critical role in enhancing vehicle performance and ride comfort.

    Among these technologies, Air shock absorbers are gaining traction due to their ability to provide adjustable stiffness and improved load management, making them favored by both luxury and commercial vehicle manufacturers.

    This technology allows for customized suspension settings, catering to varying road conditions and improving overall driving experience. Damping shock absorbers are significant, focusing on controlling the oscillations of a vehicle's suspension system.

    Their importance lies in enhancing vehicle stability and passenger comfort, which is essential in a country like India, where road conditions can be challenging and unpredictable. Active and Semi-active shock absorbers represent a technological leap that allows for real-time adjustments based on the driving conditions, optimizing both comfort and handling.

    Automotive Shock Absorber Market Application Insights

    Automotive Shock Absorber Market Application Insights

    The India Automotive Shock Absorber Market is increasingly characterized by its diverse range of applications, reflecting the unique demands of various vehicle types. The Passenger Car segment is notable for its dominant market share due to the widespread ownership and usage of personal vehicles across urban and rural areas of India.

    Similarly, the rise in popularity of SUVs contributes significantly to this market, driven by consumer preferences for larger vehicles that provide enhanced comfort and safety. Heavy vehicles, which play a crucial role in the transportation and logistics sectors, also require advanced shock absorption technologies to ensure stability under varied load conditions.

    Additionally, the emergence of E-Vehicles signals a shift towards eco-friendly solutions, presenting opportunities for innovative shock absorber technologies that cater specifically to electric performance. Other applications in this segment include motorcycles and commercial vehicles, which continue to grow alongside India's expanding automotive footprint.

    The overall composition of the India Automotive Shock Absorber Market segmentation reflects a robust infrastructure and manufacturing base, supporting advancements in automotive technology, thereby enhancing ride quality and safety for users across different vehicle types.

    Get more detailed insights about India Automotive Shock Absorber Market Research Report-Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The India Automotive Shock Absorber Market is a dynamic sector characterized by intense competition among numerous manufacturers, driven by the rising demand for advanced vehicle performance and safety features. As the automotive industry in India expands, players in this market are focusing on innovation and technology to capture and sustain their market share.

    The increasing consumer preference for vehicles equipped with superior suspension systems is pushing manufacturers to enhance their product offerings. Additionally, regulatory changes aimed at improving vehicle safety standards are prompting companies to invest in research and development, which further intensifies competition.

    The presence of both domestic and international players brings a wide array of products to the market, each vying for consumer attention and loyalty.

    Mando possesses a strong foothold in the India Automotive Shock Absorber Market, distinguished by its commitment to quality and technological advancement. The company’s focus on research and development ensures that its products meet the latest industry standards while providing excellent performance.

    Mando's established relationships with major automotive manufacturers in India enable it to maintain a competitive edge, and the company's operational efficiency contributes significantly to its market presence.

    The ability to provide customized solutions tailored to the unique needs of both manufacturers and consumers in India sets Mando apart from its competitors. Furthermore, Mando emphasizes sustainability in its operations, aligning its business practices with the growing demand for eco-friendly automotive components, thereby enhancing its market standing.

    Showa has also made a notable impact on the India Automotive Shock Absorber Market, known for its innovative approach and high-quality product range. Specializing in shock absorbers designed to improve ride comfort and handling, Showa has leveraged its technological expertise to capture a loyal customer base.

    The company’s strong market presence is supported by strategic partnerships with several domestic automotive firms, allowing it to tailor its products to meet the specific needs of the Indian market. Showa’s commitment to continuous improvement is reflected in its ongoing investments in research and development, ensuring that its offerings remain at the forefront of technological advancements.

    Additionally, Showa has been proactive in pursuing mergers and acquisitions that fortify its market position and expand its capabilities within India, highlighting its ambition to grow and adapt to the evolving automotive landscape.

    Key Companies in the India Automotive Shock Absorber Market market include

    Industry Developments

    The India Automotive Shock Absorber Market has seen several notable developments recently. Mando and Showa have expanded their manufacturing capabilities in Pune, responding to increasing demand for advanced suspension systems in the country.

    In April 2023, Endurance Technologies launched a new line of shock absorbers aimed at electric vehicles, aligning with the growing trend of EV adoption in India. Additionally, Monroe and Schaeffler are enhancing their product offerings with advanced lightweight materials to improve vehicle dynamics and fuel efficiency.

    In terms of mergers and acquisitions, Koni announced a strategic partnership with Tenneco in June 2023, aiming to strengthen their product portfolio in the commercial vehicle segment. Furthermore, Bilstein is actively investing in Research and Development to innovate in the area of adaptive shock absorption technology.

    Market valuations for companies like Gabriel and Ride Control have recently surged due to increased automotive production and a focus on enhancing ride quality, reflecting a positive growth trajectory. Notably, with the government's push for 'Make in India', the automotive sector is expected to see continued investments, bolstering the shock absorber market's competitiveness.

    Market Segmentation

    Outlook

    • Passenger Car
    • SUV Truck
    • Heavy Vehicle
    • E-Vehicle
    • Others

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 2.04(USD Billion)
    MARKET SIZE 2024 2.5(USD Billion)
    MARKET SIZE 2035 7.35(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 10.3% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Mando, Showa, Monroe, Schaeffler, Bilstein, Endurance Technologies, Koni, Sankei, Tenneco, Continental, Boge, Ride Control, Gabriel
    SEGMENTS COVERED Technology, Application
    KEY MARKET OPPORTUNITIES Electric vehicle shock absorbers, Increasing aftermarket demand, Advanced technology integration, Rising passenger vehicle segment, Growing suspension system awareness
    KEY MARKET DYNAMICS rising vehicle production, demand for comfort, technological advancements, government regulations, increasing replacement sales
    COUNTRIES COVERED India

    Market Highlights

    Author
    Sejal Akre
    Senior Research Analyst

    She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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    FAQs

    What is the expected market size of the India Automotive Shock Absorber Market in 2024?

    The expected market size of the India Automotive Shock Absorber Market in 2024 is valued at 2.5 USD Billion.

    How much is the India Automotive Shock Absorber Market projected to be worth by 2035?

    By 2035, the India Automotive Shock Absorber Market is projected to be worth 7.35 USD Billion.

    What is the expected compound annual growth rate (CAGR) for the India Automotive Shock Absorber Market from 2025 to 2035?

    The expected CAGR for the India Automotive Shock Absorber Market from 2025 to 2035 is 10.3%.

    Who are the key players in the India Automotive Shock Absorber Market?

    Key players in the India Automotive Shock Absorber Market include Mando, Showa, Monroe, Schaeffler, and Bilstein.

    What is the market value of air shock absorbers in 2024?

    The market value of air shock absorbers in the India Automotive Shock Absorber Market is expected to be 0.75 USD Billion in 2024.

    What is the anticipated market value for damping shock absorbers by 2035?

    The anticipated market value for damping shock absorbers is projected to reach 1.92 USD Billion by 2035.

    Which technology segment is expected to have the highest growth rate in the India Automotive Shock Absorber Market?

    The air shock absorber segment is expected to experience significant growth, rising to 2.22 USD Billion by 2035.

    What is the market size forecast for active shock absorbers in 2035?

    The market size forecast for active shock absorbers is 1.61 USD Billion by 2035.

    What challenges might influence the India Automotive Shock Absorber Market in the coming years?

    Challenges such as rising raw material costs and competition from international players may influence the market.

    How is the current global scenario impacting the India Automotive Shock Absorber Market?

    The current global scenario could affect supply chains and pricing strategies within the India Automotive Shock Absorber Market.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. India
    59. Automotive Shock Absorber Market, BY Technology (USD Billion)
    60. Air
    61. shock absorber
    62. Damping shock absorber
    63. Active
    64. Semi-active
    65. India
    66. Automotive Shock Absorber Market, BY Application (USD Billion)
    67. Passenger
    68. Car
    69. SUV Truck
    70. Heavy Vehicle
    71. E-Vehicle
    72. Others
    73. Competitive Landscape
    74. Overview
    75. Competitive
    76. Analysis
    77. Market share Analysis
    78. Major
    79. Growth Strategy in the Automotive Shock Absorber Market
    80. Competitive
    81. Benchmarking
    82. Leading Players in Terms of Number of Developments
    83. in the Automotive Shock Absorber Market
    84. Key developments
    85. and growth strategies
    86. New Product Launch/Service Deployment
    87. Merger
    88. & Acquisitions
    89. Joint Ventures
    90. Major
    91. Players Financial Matrix
    92. Sales and Operating Income
    93. Major
    94. Players R&D Expenditure. 2023
    95. Company
    96. Profiles
    97. Mando
    98. Financial
    99. Overview
    100. Products Offered
    101. Key
    102. Developments
    103. SWOT Analysis
    104. Key
    105. Strategies
    106. Showa
    107. Financial
    108. Overview
    109. Products Offered
    110. Key
    111. Developments
    112. SWOT Analysis
    113. Key
    114. Strategies
    115. Monroe
    116. Financial
    117. Overview
    118. Products Offered
    119. Key
    120. Developments
    121. SWOT Analysis
    122. Key
    123. Strategies
    124. Schaeffler
    125. Financial
    126. Overview
    127. Products Offered
    128. Key
    129. Developments
    130. SWOT Analysis
    131. Key
    132. Strategies
    133. Bilstein
    134. Financial
    135. Overview
    136. Products Offered
    137. Key
    138. Developments
    139. SWOT Analysis
    140. Key
    141. Strategies
    142. Endurance Technologies
    143. Financial
    144. Overview
    145. Products Offered
    146. Key
    147. Developments
    148. SWOT Analysis
    149. Key
    150. Strategies
    151. Koni
    152. Financial
    153. Overview
    154. Products Offered
    155. Key
    156. Developments
    157. SWOT Analysis
    158. Key
    159. Strategies
    160. Sankei
    161. Financial
    162. Overview
    163. Products Offered
    164. Key
    165. Developments
    166. SWOT Analysis
    167. Key
    168. Strategies
    169. Tenneco
    170. Financial
    171. Overview
    172. Products Offered
    173. Key
    174. Developments
    175. SWOT Analysis
    176. Key
    177. Strategies
    178. Continental
    179. Financial
    180. Overview
    181. Products Offered
    182. Key
    183. Developments
    184. SWOT Analysis
    185. Key
    186. Strategies
    187. Boge
    188. Financial
    189. Overview
    190. Products Offered
    191. Key
    192. Developments
    193. SWOT Analysis
    194. Key
    195. Strategies
    196. Ride Control
    197. Financial
    198. Overview
    199. Products Offered
    200. Key
    201. Developments
    202. SWOT Analysis
    203. Key
    204. Strategies
    205. Gabriel
    206. Financial
    207. Overview
    208. Products Offered
    209. Key
    210. Developments
    211. SWOT Analysis
    212. Key
    213. Strategies
    214. References
    215. Related
    216. Reports
    217. LIST
    218. OF ASSUMPTIONS
    219. India Automotive Shock Absorber Market
    220. SIZE ESTIMATES & FORECAST, BY TECHNOLOGY, 2019-2035 (USD Billions)
    221. India
    222. Automotive Shock Absorber Market SIZE ESTIMATES & FORECAST, BY APPLICATION,
    223. 2035 (USD Billions)
    224. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    225. ACQUISITION/PARTNERSHIP
    226. LIST
    227. Of figures
    228. MARKET SYNOPSIS
    229. INDIA
    230. AUTOMOTIVE SHOCK ABSORBER MARKET ANALYSIS BY TECHNOLOGY
    231. INDIA
    232. AUTOMOTIVE SHOCK ABSORBER MARKET ANALYSIS BY APPLICATION
    233. KEY
    234. BUYING CRITERIA OF AUTOMOTIVE SHOCK ABSORBER MARKET
    235. RESEARCH
    236. PROCESS OF MRFR
    237. DRO ANALYSIS OF AUTOMOTIVE SHOCK ABSORBER
    238. MARKET
    239. DRIVERS IMPACT ANALYSIS: AUTOMOTIVE SHOCK ABSORBER
    240. MARKET
    241. RESTRAINTS IMPACT ANALYSIS: AUTOMOTIVE SHOCK ABSORBER
    242. MARKET
    243. SUPPLY / VALUE CHAIN: AUTOMOTIVE SHOCK ABSORBER
    244. MARKET
    245. AUTOMOTIVE SHOCK ABSORBER MARKET, BY TECHNOLOGY,
    246. (% SHARE)
    247. AUTOMOTIVE SHOCK ABSORBER MARKET, BY TECHNOLOGY,
    248. TO 2035 (USD Billions)
    249. AUTOMOTIVE SHOCK ABSORBER
    250. MARKET, BY APPLICATION, 2025 (% SHARE)
    251. AUTOMOTIVE SHOCK
    252. ABSORBER MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    253. BENCHMARKING
    254. OF MAJOR COMPETITORS

    India Automotive Shock Absorber Market Segmentation

    • Automotive Shock Absorber Market By Technology (USD Billion, 2019-2035)

      • Air shock absorber
      • Damping shock absorber
      • Active
      • Semi-active

     

    • Automotive Shock Absorber Market By Application (USD Billion, 2019-2035)

      • Passenger Car
      • SUV Truck
      • Heavy Vehicle
      • E-Vehicle
      • Others
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