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Global Motorcycle Suspension Market | Industry Share, Growing Trends And Regional Forecast 2029

Motorcycle Suspension Market manufacturers Overview:

The Motorcycle Suspension market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the global industry. The scope of the research includes a thorough investigation of the Motorcycle Suspension Market manufacturers, as well as the reasons for variations in the industry's growth in various locations.

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Global Motorcycle Suspension Market manufacturers was valued at USD 1.64 Bn. in 2021, and it is expected to reach USD 2.38 Bn. by 2029, exhibiting a CAGR of 4.7% during the forecast period (2022-2029)

Market Scope:

Post completion of market engineering, which included calculations for market statistics, market size estimations, market forecasts, market breakdown, and data triangulation, thorough primary research was done to acquire information and verify and validate important numbers. To perform market estimating and forecasting for the overall market segments and sub-segments described in this research, both top-down and bottom-up methodologies, as well as multiple data triangulation methods, were widely employed throughout the whole market engineering process. Extensive qualitative and quantitative analysis is also performed on all of the figures obtained during the whole market engineering process in order to provide essential information throughout the report.

Dynamics:

Market expansion is anticipated to be significantly fueled by new and improved 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:

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 about 60% of two-wheelers, mono shock rear suspension systems are installed. The rear suspension systems product type segment is anticipated to have a market value of USD 986.3 Mn and hold 57.1% of the market in 2022. The Xpulse 200 motorcycle 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.

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Key Players:

Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the global markets are determined by using secondary sources and verified through the primary sources. The biggest players in the Motorcycle Suspension market are as follows:

• Bajaj Auto
• Gabriel India Limited
• Marzocchi Moto
• FTR Suspension
• ZF Friedrichshafen AG
• Endurance Technologies Limited
• SHOWA CORPORATION
• Continental
• KYB Corporation
• Duro Shox Pvt Ltd
• Bayerische Motoren Werke AG
• Dah Ken Industrial Co. Ltd.
• BMW Group

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Regional Analysis:

Individual market influencing elements and changes in market laws that influence present and future market trends are also included in the geographical overview of the Motorcycle Suspension market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

COVID-19 Impact Analysis on Motorcycle Suspension Market manufacturers:

Due to a break in operations, end-user sectors where Motorcycle Suspension are used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for Motorcycle Suspension manufacturers, affecting the development of the Motorcycle Suspension market in 2020. End-user business demand for Motorcycle Suspension has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.

Key Questions Answered in the Motorcycle Suspension Market manufacturers are:

Which segment had the largest share in the Motorcycle Suspension Market manufacturers in 2021?
What is the competitive landscape of the Motorcycle Suspension Market manufacturers?
Which are the key drivers aiding the Motorcycle Suspension Market manufacturers growth?
Which region has the maximum share in the Motorcycle Suspension Market manufacturers?
What will be the CAGR of the Motorcycle Suspension Market manufacturers during the forecast period (2022-2027)?
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