Development Status Of China's Automobile Shock Absorber Industry Market In 2018

- Apr 20, 2019-

Development Status of China's Automobile Shock Absorber Industry Market in 2018

According to the "China Automotive Shock Absorber Deep Research and Investment Strategy Report (2019 Edition)" published by Tate Information Consulting, the Absorber is an important device in the car suspension system, which is used to reduce the body and other components. Vibration, increase the smoothness of the car. The shock absorber is mainly used to suppress the shock when the spring rebounds after shock absorption and the impact from the road surface. While passing through an uneven road surface, although the shock absorbing spring can filter the vibration of the road surface, the spring itself has a reciprocating motion, and the shock absorber is used to suppress the spring jump.

With the rapid development of the domestic automobile industry, China's damper industry is also developing rapidly. At present, there are more than 100 damper manufacturers. However, the domestic damper technology is still relatively backward, and the damper technology of domestic high-end models still needs to be imported. These indicate that China's domestic production of damper companies still need to work hard to keep up with the pace of international advanced technology to develop independent products.

In 2015, the sales volume of China's automobile suspension shock absorbers was about 164.22 million, and the sales market was about 13.31 billion yuan, of which the sales volume of domestic enterprises was about 8.5 billion yuan, and the market size of imported products was about 4.8 billion yuan.