In-depth Motorcycle Suspension Market Research Analysis :
Maximize Market Research, a market research firm has published a report on the “Motorcycle Suspension Market”. As per the “Motorcycle Suspension report,” the total market size value from 2023 and estimated value for 2030 with a CAGR forecasted from 2024 to 2030.
Revolutionizing Industries: Insights into the Motorcycle Suspension Market:
Motorcycle Suspension Market was valued at USD 1.79 Bn. in 2023, and it is expected to reach USD 2.46 Bn. by 2030, exhibiting a CAGR of 4.7% during the forecast period (2024-2030)
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Motorcycle Suspension Market Dynamics:
Innovative and enhanced suspension system designs are projected to play an important role in propelling market growth. Growing knowledge of road safety, along with a desire for comfort while riding, has prompted manufacturers to develop enhanced suspension designs that contribute to better vehicle performance. Manufacturers are focusing heavily on the development of lightweight suspension systems. Showa, for example, produced a new two-blending valve front fork suspension system that replaced the entire cartridge fork component. The low-cost mixing valve performs similarly to cartridge-type assemblies while reducing overall suspension system weight by approximately 250 grammes.
Motorcycle Innovations, an Australian company, has announced the successful production of a new suspension system that makes use of the two-wheeled-in-line vehicle.
Motorcycle Suspension Market Report Scope and Research Methodology
The report provides a comprehensive examination of the Motorcycle Suspension market and its various segments, along with an in-depth analysis of the industry. The research methodology involves primary and secondary data collection methods with the objective of gathering a sample free of errors or biases. Secondary sources include press releases, annual reports, government websites, and insights from a wide range of specialists, analysts, experts, and researchers within the Motorcycle Suspension industry. Secondary sources include social, political, economic, and other market dynamics.
A comprehensive regional analysis provides information on the size, penetration, dominance, and key players in the market of a given region. The list of prominent competitors in the Motorcycle Suspension market offers a comprehensive view of the competitive environment for new entrants. We offer industry-validated market estimations, in-depth technical trend analysis, crucial market research, strategic guidance, competition analysis, production and demand analysis, and all-inclusive client impact studies.
Motorcycle Suspension Market Segmentation:
by Product Type
Front Suspension
Telescopic Fork
Others
Rear Suspension
Dual Shocks
Mono Shocks
Others
by Sales Channel
OEM
Aftermarket
by Technology
Passive
Active/Semi-active
Mono shock rear suspension systems are predicted to be the most popular product type due to its greater manoeuvrability and stability when compared to dual shock suspensions. Mono shock rear suspension systems are used on around 60% of two-wheelers. In 2023, the rear suspension systems product type sector is anticipated to be worth USD 986.3 million, accounting for 57.1% of the market. In 2019, Hero Motocorp introduced the Xpulse 200 motorbike to the Indian market, which included a 200cc engine and mono shock with a 10-step adjustable gas charged rear suspension measuring 170mm and a telescopic front suspension measuring 190mm.
The market’s growth rate is being accelerated by the increased demand for bespoke design and engineering with optional features in vehicles across a wide range of industries. Developed countries such as the United States and Japan are driving the trend of car personalisation. The growing trend of automotive personalisation in industrialised countries is boosting aftermarket growth, thereby supporting the rise of automobile seat warmers. The replacement/aftermarket category is predicted to grow at a volume CAGR of 3.7% between 2024 and 2030. Increased suspension replacement rates due to poor road conditions in various nations are expected to boost aftermarket sales of suspension systems. Aftermarket components are less expensive than those produced by the original manufacturer.
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Motorcycle Suspension Market Key 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.
Motorcycle Suspension Market Regional Insights:
The report provides comprehensive regional insights, showcasing the Motorcycle Suspension market dynamics such as market drivers, opportunities, restraints, and challenges of the region-wise Motorcycle Suspension market. The regional analysis of the Motorcycle Suspension Market is conducted at the regional level, taking into account important countries. The Motorcycle Suspension market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. It highlights the prominent players in each region and their impact to the overall Motorcycle Suspension market growth.
Key questions answered in the Motorcycle Suspension Market are:
- What is Motorcycle Suspension?
- What was the Motorcycle Suspension market size in 2023?
- What is the growth rate of the Motorcycle Suspension Market?
- What segments are covered in the Motorcycle Suspension Market?
- What growth strategies are the players considering to increase their presence in Motorcycle Suspension?
- Who are the key players in the Motorcycle Suspension market?
- Which are the factors expected to drive the Motorcycle Suspension market growth?
- What are the different segments of the Motorcycle Suspension Market?
- What are the upcoming industry applications and trends for the Motorcycle Suspension Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Motorcycle Suspension Market?
- Who are the leading companies and what are their portfolios in Motorcycle Suspension Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2019-2023)
- Past Pricing and price curve by region (2019-2023)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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