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Global Motorcycle Suspension System Market – Industry Trends and Forecast to 2031

Semiconductors and Electronics

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Global Motorcycle Suspension System Market – Industry Trends and Forecast to 2031

  • Semiconductors and Electronics
  • Upcoming Report
  • Feb 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Motorcycle Suspension System Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 811.20 USD Million
Diagram Market Size (Forecast Year) USD 1,302.70 USD Million
Diagram CAGR %

Major Markets Players

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Global Motorcycle Suspension System Market, By Product Type (Front Suspension, Telescopic Fork, Rear Suspension, Dual Shocks, Mono Shocks, Others), Sales Channel (OEM, Aftermarket), Technology (Passive, Active/Semi-active), Motorcycle Type (Standard, Cruiser, Sports, Scooter, Mopeds, Others) - Industry Trends and Forecast to 2031.

Motor cycle Suspension System Market

Motor Cycle Suspension System Market Analysis and Size

Constant advancements in suspension technology, including the development of adaptive suspension systems, electronic suspension control, and innovative materials, are driving the market. These improvements enhance rider experience, safety, and performance. There's a rising emphasis on providing superior comfort and safety to riders. Manufacturers have an opportunity to develop and market suspension systems that not only enhance performance but also prioritize rider comfort and safety, addressing a significant market need.

Data Bridge Market Research analyzes that the global motorcycle suspension system market which was USD 811.20 million in 2023, is expected to reach USD 1,302.7 by 2031, and is expected to undergo a CAGR of 6.1% during the forecast period 2024-2031.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2021 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Pricing in USD

Segments Covered

By Product Type (Front Suspension, Telescopic Fork, Rear Suspension, Dual Shocks, Mono Shocks, Others), Sales Channel (OEM, Aftermarket), Technology (Passive, Active/Semi-active), Motorcycle Type (Standard, Cruiser, Sports, Scooter, Mopeds, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Bajaj Auto (India), Gabriel India Limited (India), Marzocchi Moto (Italy), FTR Suspension (U.S.), ZF Friedrichshafen AG (Germany), Endurance Technologies Limited (India), SHOWA CORPORATION (Japan), Continental (Germany), KYB Corporation (Japan), Duro Shox Pvt Ltd (India), Bayerische Motoren Werke AG (Germany), Dah Ken Industrial Co. Ltd. (Taiwan), BMW Group (Germany), WP Suspension GmbH (Germany), Arnott LLC (U.S.), Nitron Racing Shocks (U.K.)

Market Opportunities

  • Growing emphasis on ride comfort and safety
  • Expanding global motorcycle market

Market Definition

A motorcycle is a two-wheeled motor vehicle with a metal and fiber composite frame. It is also known as a motorbike or a bike. Motorcycles can be constructed with two-stroke or four-stroke engines that have up to four cylinders. In addition, motorcycles are any two- or even three-wheeled motor vehicles that are typically propelled by an internal combustion engine. These forms of motorized transportation are among the least expensive; the motorcycle is one of the most widely used, especially by middle-class individuals.

Global Motorcycle Suspension System Market Dynamics

Driver

  • Technological Advancements

Constant advancements in suspension technology, including the development of adaptive suspension systems, electronic suspension control, and innovative materials, are driving the market. These improvements enhance rider experience, safety, and performance.

  • Rising Demand for Performance Bikes

With an increasing demand for high-performance motorcycles, there's a parallel demand for advanced suspension systems capable of handling diverse terrains and providing superior comfort and control. This demand fuels the growth of the suspension system market.

Opportunity

  • Growing Emphasis on Ride Comfort and Safety

There's a rising emphasis on providing superior comfort and safety to riders. Manufacturers have an opportunity to develop and market suspension systems that not only enhance performance but also prioritize rider comfort and safety, addressing a significant market need.

Challenge/Restraint

  • Cost and Affordability

One of the key restraints is the cost associated with advanced suspension systems. Integrating high-tech features often increases the overall cost of the motorcycle. This can limit market penetration, especially in price-sensitive segments or regions, posing a challenge for manufacturers in balancing quality with affordability.

Global Motorcycle Suspension System Market Scope

The motorcycle suspension system market is segmented on the basis of product type, sales channel, technology, and motorcycle type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Front Suspension
  • Telescopic Fork
  • Rear Suspension
  • Dual Shocks
  • Mono Shocks
  • Others

Sales Channel

  • OEM
  • Aftermarket

Technology

  • Passive
  • Active/Semi-active

Motorcycle Type

  • Standard
  • Cruiser
  • Sports
  • Scooter
  • Mopeds
  • Others

 Global Motorcycle Suspension System Market Region Analysis/Insights

The motorcycle suspension system market is analyzed and market size insights and trends are provided by product type, sales channel, technology, and motorcycle type as referenced above.

The countries covered in the market report are the U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa.

Asia-Pacific is the fastest growing and dominating country in the motorcycle suspension market in terms of volume and value, as it accounts for the largest share of motorcycle production and consumption in the world.  One of the key factors that influence the motorcycle suspension market is the regional variation in consumer preferences and riding styles. Different regions have different terrains, road conditions, traffic patterns, and environmental factors that affect the choice of motorcycle suspension systems.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data

Competitive Landscape and Global Motorcycle Suspension System Market Share Analysis

The motorcycle suspension system market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the motorcycle suspension system market.

Some of the major players operating in the motorcycle suspension system market are:

  • Bajaj Auto (India)
  • Gabriel India Limited (India)
  • Marzocchi Moto (Italy)
  • FTR Suspension (U.S.)
  • ZF Friedrichshafen AG (Germany)
  • Endurance Technologies Limited (India)
  • SHOWA CORPORATION (Japan)
  • Continental (Germany)
  • KYB Corporation (Japan)
  • Duro Shox Pvt Ltd (India)
  • Bayerische Motoren Werke AG (Germany)
  • Dah Ken Industrial Co. Ltd. (Taiwan)
  • BMW Group (Germany)
  • WP Suspension GmbH (Germany)
  • Arnott LLC (U.S.)
  • Nitron Racing Shocks (U.K.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The motorcycle suspension system market size will be worth USD 1,302.7 by 2031.
The growth rate of the motorcycle suspension system market is 6.1%.
Technological advancements & rising demand for performance bikes are the growth drivers of the motorcycle suspension system market.
Product type, sales channel, technology, and motorcycle type are the factors on which the motorcycle suspension system market research is based.
Major companies in the motorcycle suspension system market are Bajaj Auto (India), Gabriel India Limited (India), Marzocchi Moto (Italy), FTR Suspension (U.S.), ZF Friedrichshafen AG (Germany), Endurance Technologies Limited (India), SHOWA CORPORATION (Japan), Continental (Germany), KYB Corporation (Japan), Duro Shox Pvt Ltd (India), Bayerische Motoren Werke AG (Germany), Dah Ken Industrial Co. Ltd. (Taiwan), BMW Group (Germany), WP Suspension GmbH (Germany), Arnott LLC (U.S.), Nitron Racing Shocks (U.K.).
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