Motorcycle Suspension System Market Introduction and Overview
According to SPER Market Research, the Global Motorcycle Suspension System Market is estimated to reach USD XX billion by 2033 with a CAGR of 6.26%.
The report includes an in-depth analysis of the Global Motorcycle Suspension System market, including market size and trends, product mix, distribution channels, and supplier analysis. The motorcycle suspension system has two functions: it contributes to the motorcycle's braking and handling while also offering comfort and safety by isolating the motorcycle rider from noise, vibrations, and bumps. For the rear suspension, a standard motorcycle comprises a swing arm with two or one shock absorber and a pair of fork tubes for the front suspension. The motorcycle suspension market is expected to expand significantly in the near future.
The Öhlins Racing Company added a new trail fork and a rear air shock for mountain bikes to their lineup of products in September 2018.
- A strategic agreement was established in March 2020 by REE Automotive (REE) and KYB Corporation (KYB) to develop suspension capabilities for next electric vehicle (EV) platforms.
Market Opportunities and Challenges
Opportunities: The market for motorcycle suspension systems is projected to expand as a result of the sharp increase in the number of vintage car suspension replacements. Moreover, the market for motorcycle suspension systems is positively impacted by variables like rising per capita income, rising demand for high-power motorcycles, and population growth. On the other hand, it is anticipated that the high cost of replacement and maintenance may restrain market expansion throughout the forecast period. In addition, it is anticipated that the market would see several expansion prospects as a result of the introduction of lightweight components in passive suspension systems.
Challenges: One of the biggest challenges the motorcycle suspension system faces is the high development costs of complex patterns and high-performance electrical components. The utilization of sturdy, dependable, lightweight, and energy-efficient electrical components that could achieve optimal performance with little loss of power was made possible by advancements in vehicle technology. These elements are largely responsible for the journey's increased comfort and relaxation. Many automotive systems are becoming electrified as a result of the ongoing efforts of system designers and developers on new technologies.
Market Competitive Landscape
The Global Motorcycle Suspension System Market is highly consolidated. Bayerische Motoren Werke AG, Duroshox Pvt. Ltd., Endurance Technologies Ltd., Fox Factory Holding Corp., Hero MotoCorp Ltd., K Tech Suspension Ltd., KYB Corp., Matris Srl, Mupo Srl, Nitron Racing Systems Ltd., Penske Racing Shocks, PIERER Mobility AG, Tenneco Inc., ZF Friedrichshafen AG. Among are the some major companies for motorcycle suspension system market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Sales Channel, By Technology, By Motorcycle Type
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | Bayerische Motoren Werke AG, Duroshox Pvt. Ltd., Endurance Technologies Ltd., Fox Factory Holding Corp., Hero MotoCorp Ltd., K Tech Suspension Ltd., KYB Corp., Matris Srl, Mupo Srl, Nitron Racing Systems Ltd., Penske Racing Shocks, PIERER Mobility AG, Tenneco Inc., ZF Friedrichshafen AG.
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COVID-19 Impact on Global Motorcycle Suspension System Market
The COVID-19 outbreak has had a negative impact on the automobile, transportation, and other related industries. The global spread of the COVID-19 virus, which prompted lockdown situations, has resulted in an unprecedented number of border closures worldwide. The automobile industry has been negatively impacted by this interruption of the worldwide supply chain. The spread of this pandemic limited people's ability to travel. The consumer's purchasing power was also decreased when pay reductions or job losses were taken into account. Limitations on the number of workers at the production site also had an impact on the market's supply side. The motorcycle suspension market has been adversely affected by each of the aforementioned causes.
Key Target Audience:
- Motorcycle Manufacturers
- Aftermarket Parts Suppliers
- Motorcycle Riders and Enthusiasts
- Automotive and Motorcycle Dealerships
- Motorcycle Racing Teams
- Automotive and Motorcycle Industry Analysts
- Regulatory Authorities and Safety Organizations
- Investors and Financial Institutions
Our in-depth analysis of the Motorcycle Suspension System Market includes the following segments:
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By Product Type:
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Front Suspension
Telescopic Fork
Rear Suspension
Dual Shocks
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By Sales Channel:
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OEM
Aftermarket
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By Technology:
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Consumer Electronics
Automotive
Industrial
Healthcare
Aerospace & Defence
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By Motorcycle Type:
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Standard
Cruiser
Scooter
Mopeds
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Key Topics Covered in the Report:
- Global Motorcycle Suspension System Market Size (FY’2023-FY’2033)
- Overview of Global Motorcycle Suspension System Market
- Segmentation of Global Motorcycle Suspension System Market By Product Type (Front Suspension, Telescopic Fork, Rear Suspension, Dual Shocks, Others)
- Segmentation of Global Motorcycle Suspension System Market By Sales Channel (OEM, Aftermarket)
- Segmentation of Global Motorcycle Suspension System Market By Technology (Consumer Electronics, Automotive, Industrial, Healthcare, Aerospace & Defence)
- Segmentation of Global Motorcycle Suspension System Market By Motorcycle Type (Standard, Cruiser, Sports, Scooter, Mopeds, Others)
- Statistical Snap of Global Motorcycle Suspension System Market
- Expansion Analysis of Global Motorcycle Suspension System Market
- Problems and Obstacles in Global Motorcycle Suspension System Market
- Competitive Landscape in the Global Motorcycle Suspension System Market
- Impact of COVID-19 and Demonetization on Global Motorcycle Suspension System Market
- Details on Current Investment in Global Motorcycle Suspension System Market
- Competitive Analysis of Global Motorcycle Suspension System Market
- Prominent Players in the Global Motorcycle Suspension System Market
- SWOT Analysis of Global Motorcycle Suspension System Market
- Global Motorcycle Suspension System Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Motorcycle Suspension System Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Motorcycle Suspension System Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Motorcycle Suspension System Market
7. Global Motorcycle Suspension System Market, By Product Type (USD Million)
7.1. Global Motorcycle Suspension System Market Value Share and Forecast, By Product Type, 2023-2033
7.2. Front Suspension
7.3. Telescopic Fork
7.4. Rear Suspension
7.5. Dual Shocks
7.6. Others
8. Global Motorcycle Suspension System Market, By Sales Channel (USD Million)
8.1. Global Motorcycle Suspension System Market Value Share and Forecast, By Sales Channel, 2023-2033
8.2. OEM
8.3. Aftermarket
9. Global Motorcycle Suspension System Market , By Technology (USD Million)
9.1. Global Motorcycle Suspension System Market Value Share and Forecast, By Technology, 2023-2033
9.2. Consumer Electronics
9.3. Automotive
9.4. Industrial
9.5. Healthcare
9.6. Aerospace & Defence
10. Global Motorcycle Suspension System Market , By Motorcycle Type (USD Million)
10.1. Global Motorcycle Suspension System Market Value Share and Forecast, By Motorcycle Type, 2023-2033
10.2. Standard
10.3. Cruiser
10.4. Sports
10.5. Scooter
10.6. Mopeds
10.7. Others
11. Global Motorcycle Suspension System Market Forecast, 2019-2033 (USD Million)
11.1. Global Motorcycle Suspension System Market Size and Market Share
12. Global Motorcycle Suspension System Market, By Product Type, 2019-2033 (USD Million)
12.1. Global Motorcycle Suspension System Market Size and Market Share By Product Type (2019-2026)
12.2. Global Motorcycle Suspension System Market Size and Market Share By Product Type (2027-2033)
13. Global Motorcycle Suspension System Market, By Sales Channel, 2019-2033 (USD Million)
13.1. Global Motorcycle Suspension System Market Size and Market Share By Sales Channel (2019-2026)
13.2. Global Motorcycle Suspension System Market Size and Market Share By Sales Channel (2027-2033)
14. Global Motorcycle Suspension System Market, By Technology, 2019-2033 (USD Million)
14.1. Global Motorcycle Suspension System Market Size and Market Share By Technology (2019-2026)
14.2. Global Motorcycle Suspension System Market Size and Market Share By Technology (2027-2033)
15. Global Motorcycle Suspension System Market, By Motorcycle Type, 2019-2033 (USD Million)
15.1. Global Motorcycle Suspension System Market Size and Market Share By Motorcycle Type (2019-2026)
15.2. Global Motorcycle Suspension System Market Size and Market Share By Motorcycle Type (2027-2033)
16. Global Motorcycle Suspension System Market, By Region, 2019-2033 (USD Million)
16.1. Global Motorcycle Suspension System Market Size and Market Share By Region (2019-2026)
16.2. Global Motorcycle Suspension System Market Size and Market Share By Region (2027-2033)
16.3. Asia-Pacific
16.3.1. Australia
16.3.2. China
16.3.3. India
16.3.4. Japan
16.3.5. South Korea
16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France
16.4.2. Germany
16.4.3. Italy
16.4.4. Spain
16.4.5. United Kingdom
16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia
16.5.2. United Arab Emirates
16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada
16.6.2. Mexico
16.6.3. United States
16.7. Latin America
16.7.1. Argentina
16.7.2. Brazil
16.7.3. Rest of Latin America
17. Company Profile
17.1. Bayerische Motoren Werke AG
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Duroshox Pvt. Ltd.
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Endurance Technologies Ltd.
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Fox Factory Holding Corp.
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. Hero MotoCorp Ltd.
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. K Tech Suspension Ltd.
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. KYB Corp.
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Matris Srl
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. Mupo Srl
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Nitron Racing Systems Ltd.17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. Penske Racing Shocks
17.11.1. Company details
17.11.2. Financial outlook
17.11.3. Product summary
17.11.4. Recent developments
17.12. PIERER Mobility AG
17.12.1. Company details
17.12.2. Financial outlook
17.12.3. Product summary
17.12.4. Recent developments
17.13. Tenneco Inc.
17.13.1. Company details
17.13.2. Financial outlook
17.13.3. Product summary
17.13.4. Recent developments
17.14. ZF Friedrichshafen AG
17.14.1. Company details
17.14.2. Financial outlook
17.14.3. Product summary
17.14.4. Recent developments
17.15. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope