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on April 5, 2024
Motorcycle Suspension Market Overview
A market study on Motorcycle Suspension Market filters was released by MMR. The research combines primary and secondary data, and subject matter experts have examined it from both a local and global standpoint. An important tool for investors, the study offers a thorough analysis of the market’s size and share in every area and category.
Market Development for Motorcycle Suspensions:
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)
For detail insighats on this market, request for methodology here @ https://www.maximizemarketresearch.com/request-sample/23238
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 Suspension Market Report Scope and Research Methodology
At the national, regional, and international levels, the research offers a thorough examination of the Motorcycle Suspension market. It offers a thorough examination of the competitive environment in the Motorcycle Suspension market, taking into account the main players’ business plans. A list of the major rivals of Motorcycle Suspension is provided in the study, together with details on their earnings, volume of production, worldwide reach, and sales. The SWOT analysis was employed to ascertain the advantages and disadvantages of the principal participants in the Motorcycle Suspension sector. The study also includes detailed information on the potential, challenges, drivers, and restraints of the Motorcycle Suspension market.
The size of the worldwide and regional Motorcycle Suspension markets was calculated using the bottom-up method. Data on market size, market share, geographical insights, market dynamics, the performance of major players, and industry historical data were gathered using both primary and secondary research methodologies. The research also contains a thorough value chain analysis with data on distributors, customers, and raw materials that aids in understanding the Motorcycle Suspension production process. In order to comprehend the Motorcycle Suspension market at both the macro and micro levels, it also contains Porter’s and PESTLE analysis in addition to market attractiveness.
Motorcycle Suspension Market Regional Insights
Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Motorcycle Suspension market in these countries, which covering North America – U.S., Canada, Mexico, Europe – UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific – China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America – Brazil, and Middle East and Africa.
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
by Motorcycle Type
Standard
Cruiser
Sports
Scooter
Mopeds
Others
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.
Key Questions answered in the Motorcycle Suspension Market Report are:
- What is the expected Motorcycle Suspension market size by 2030?
- What will be the CAGR of the Motorcycle Suspension market during the forecast period?
- Which segment held the largest share in the Motorcycle Suspension market?
- How is the competitive scenario of the Motorcycle Suspension market?
- Which are the key factors driving the Motorcycle Suspension market growth?
- What are the factors restraining the Motorcycle Suspension market growth?
- Which region holds the maximum share in the Motorcycle Suspension market?
- Who are the key players in the Motorcycle Suspension market?
For detail insights on this market, request for methodology here @ https://www.maximizemarketresearch.com/request-sample/23238
Key Offerings:
- A detailed Market Overview
- Market Share
- Market Size
- Market Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
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