Motorcycle Suspension Market Overview:
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Motorcycle Suspension Market Scope: To locate and collect material appropriate for this study, this research study makes considerable use of secondary sources, directories, and databases such as annual reports, press releases, journals, corporate websites, and databases.
Motorcycle Suspension Market Dynamics: Market expansion is anticipated to be significantly fueled by new and better suspension system designs. An increase in consumer demand for comfort while driving and a growing awareness of road safety have propelled manufacturers to create better suspension systems that enhance vehicle performance. The creation of lightweight suspension systems is one of the main areas of focus for manufacturers. For instance, Showa replaced the entire cartridge fork assembly with a new two blending valve front fork suspension system. The inexpensive mixing valve offers performance on par with cartridge type assemblies while reducing the total weight of the suspension system by about 250 grammes.
Segmentation:
by Product Type
1. Front Suspension
2. Telescopic Fork
3. Others
4. Rear Suspension
5. Dual Shocks
6. Mono Shocks
7. Others
by Sales Channel
1. OEM
2. Aftermarket
by Technology
1. Passive
2. Active/Semi-active
by Motorcycle Type
1. Standard
2. Cruiser
3. Sports
4. Scooter
5. Mopeds
6. Others
Mono shock rear suspension systems are anticipated to be the most popular product category due to their improved manoeuvrability and stability over dual shock suspensions. On around 60% of two-wheelers, mono shock rear suspension systems are fitted. The rear suspension systems product type category is anticipated to have a market value of USD 986.3 Mn and hold 57.1% of the market in 2022. The Xpulse 200 motorbike was released by Hero Motocorp in 2019 for the Indian market. It has a 200cc engine, a mono shock, a 10-step adjustable gas-charged rear suspension that measures 170mm, and a telescopic front suspension that measures 190mm.
The market’s growth rate is being accelerated by the surge in demand for custom engineering and design with optional features in automobiles across numerous industries. Developed nations like the United States and Japan are promoting the trend of personalisation in the vehicle industry. Automobile seat warmers are indirectly benefiting from the growing trend of car personalization in industrialised countries by boosting aftermarket expansion. From 2022 through 2029, the replacement/aftermarket category is anticipated to grow at a volume CAGR of 3.7%. It is anticipated that poor road conditions in various countries would increase the number of suspension systems that need to be replaced. The cost of aftermarket products is lower than that of the original equipment manufacturer.
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Key Players:
The Market competitive landscape Seamless Pipes gives information by competitor. Business overview, financials, revenue produced, Market potential, investment in RD, new Market efforts, worldwide presence, production sites and facilities, production capacity, company strengths and weaknesses, product launch, product width and breadth, application domination are all mentioned. The data points presented above are only linked to the firms’ concentration on the Seamless Pipes sector. These are the main players-
1. Bajaj Auto
2. Gabriel India Limited
3. Marzocchi Moto
4. FTR Suspension
5. ZF Friedrichshafen AG
6. Endurance Technologies Limited
7. SHOWA CORPORATION
8. Continental
9. KYB Corporation
10. Duro Shox Pvt Ltd
11. Bayerische Motoren Werke AG
12. Dah Ken Industrial Co. Ltd.
13. BMW Group
14. WP Suspension GmbH
15. Arnott LLC
16. Nitron Racing Shocks
17. Öhlins Racing
18. K-Tech Suspension Limited
19. ANAND Group
20. Progressive Suspension, Inc.
21. BMW Group
22. TFX Suspension Technology
23. BITUBO S.r.l.
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Regional Analysis:
The country portion of the Motorcycle Suspension Market study additionally includes individual Market affecting elements and changes in legislation in the Market that affect present and future Market trends. Consumption volumes, production sites and volumes, import export analysis, price trend analysis, raw material costs, and downstream and upstream value chain analysis are some of the primary indicators utilised to anticipate the Market situation for particular nations. While providing forecast analysis of the nation data, the existence and availability of global brands, as well as the obstacles they face due to significant or scarce competition from local and domestic brands, as well as the impact of domestic tariffs and trade routes, are also taken into account.
COVID-19 Impact Analysis on Motorcycle Suspension Market :
A detailed study of Covid-19 impacts the Motorcycle Suspension Market is provided in the report.
The World Health Organization has declared Covid-19 a global health emergency due to its impact on thousands of people worldwide. The Coronavirus disease, which already affects these groups, had affected Motorcycle Suspension Market segments.
Key Questions answered in the Motorcycle Suspension Market Report are:
- At what growth rate is the Motorcycle Suspension Market evolving?
- Who are the major Market giants operating in the global Motorcycle Suspension Market ?
- Which application segment of the Motorcycle Suspension Market is observing the fastest growth?
- What is the primary driving factor of the global Motorcycle Suspension Market ?
