Motorcycle Suspension System Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2019-2029
The global Motorcycle Suspension System market was valued at US$ 1,269.4 Mn in 2013 and is anticipated to be valued at US$ 1,479.1 Mn by 2018 end. The market is expected to grow at a prominent CAGR of 4.4% between 2018 and 2028 and is estimated to reach a global value of US$ 2,284.1 Mn by 2028 end. Furthermore, the global Motorcycle Suspension System market is estimated to create an incremental $ opportunity of US$ 804.9 Mn over the forecast period.
Motorcycle Suspension System Market Dynamics
The lifespan of a Motorcycle Suspension System depends on the driving conditions of the two wheeler and road infrastructure. In good road conditions, Motorcycle Suspension System exhibits an operational lifespan of five to seven years. However, regular maintenance is required such as replacement of rubber seal and oil changes. On the flip side, in bad road conditions, the total operational life of Motorcycle Suspension System declines and regular maintenance is required, which in turn boosts the aftermarket segment in the global market. Road conditions in Poland, Indonesia, Vietnam, Brazil and Philippines are poor; therefore, in these countries, the potential for the aftermarket segment is projected to be medium to high in the global Motorcycle Suspension System market.
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-3105
Two wheelers, especially motorcycles and bikes, find a wide range of applications in logistics and e-commerce sectors at present in almost all Asian countries. They have been increasingly used for operations such as shipping and transportation of mobile goods. The growing output of the e-commerce industry is expected to be one of the most significant drivers for the sale of motorcycles and will, in turn, fuel the growth of the Motorcycle Suspension System market. Additionally, the availability of auto-loans to purchase these transportation units is also expected to boost sales across the APEJ region over the forecast period. These factors will directly propel the demand for Motorcycle Suspension System in the automotive industry. Also, the growing consumer inclination towards safety and comfort while driving or traveling in a vehicle is estimated to remain one the most lucrative drivers for the ascendant growth of the global Motorcycle Suspension System market.
Motorcycle Suspension System Market Forecast
By region, the APEJ region is estimated to dominate the global Motorcycle Suspension System market. The APEJ Motorcycle Suspension System market is expected to gain 30 BPS between 2018 and 2028. Moreover, the region is estimated to remain a high growth market throughout the forecast period. It is projected to grow with a CAGR of 4.5% over the forecast period, primarily owing to the increasing production of two wheelers.
By motorcycle type, in terms of volume and value, the standard segment is estimated to lead the global Motorcycle Suspension System market throughout the forecast period. For the scooters segment, Europe is one of the most lucrative regions as the region accounts for almost 46% of motorcycle sales. The standard Motorcycle Suspension System market is expected to create an incremental $ opportunity of US$ 437.2 Mn between 2018 and 2028 in the global Motorcycle Suspension System market.
By product type, in terms of volume, the rear suspension segment is estimated to be pegged at 45,329.7 '000 units in 2018. This segment is expected to grow with a CAGR of 3.7% between 2018 and 2028 in the global Motorcycle Suspension System market. The front suspension segment is projected to create an incremental $ opportunity of US$ 361.2 Mn over the forecast period..
Motorcycle Suspension System Market
Segmentation By Product Type- Front Suspension - Telescopic Fork, Other; Rear Suspension - Dual Shocks, Mono Shocks, others; Sales Channel- OEM, Aftermarket: https://www.futuremarketinsights.com/reports/motorcycle-suspension-system-market
By technology segment, FMI forecasts that the active/semi-active Motorcycle Suspension System segment is projected to reach US$ 267.3 Mn in 2028 from US$ 185.5 Mn in 2018, representing a compound annual growth rate (CAGR) of 3.7% from 2018 to 2028.
By sales channel, the OEM Motorcycle Suspension System segment represents US$ 1,039.5 Mn or a 67.6% share as of 2018 and is estimated to expand with a CAGR of 4.7% to reach US$ 1,575.9 Mn in 2028, or a 69.0% share of the global Motorcycle Suspension System market. The aftermarket segment is estimated to grow with a prominent CAGR in countries with poor or moderate road infrastructure.
Motorcycle Suspension System Market Competitive Landscape
Some of the prominent market participants involved in the manufacture of Motorcycle Suspension System, which have been included in the study, are Gabriel India Ltd., ZF Friedrichshafen AG, SHOWA CORPORATION, KYB Corporation, Duro Shox Pvt Ltd., Progressive Suspension, Inc., BMW Motorrad, BITUBO S.r.l., Öhlins USA, TFX Suspension Technology, K-Tech Suspension Limited, Nitron Racing Shocks, Marzocchi Moto and WP-Group, among others.
Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-3105
More from Automotive & Transportation Intelligence:
• Ship Repair and Maintenance Services Global Consumption Scenario
• Automotive Turbochargers Sales 2019
• Electric Boats Unit Sales 2019
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: firstname.lastname@example.org
For Media Enquiries: email@example.com
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Motorcycle Suspension System Market Size, Share, Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Trends and Forecast 2019-2029 here
News-ID: 2250644 • Views: 184
More Releases from Future Market Insights
Ferrovanadium Market to Witness Robust Expansion throughout the Forecast 2018-20 …
Future Market Insights (FMI) analyses the global ferrovanadium market in its new publication titled “Ferrovanadium Market: Global Industry Analysis (2013 – 2017) & Opportunity Assessment (2018 – 2028)”. This study provides data for 2017 along with the forecast for the period (2018–2028). The main objective of the report is to identify the dynamics of the market and provide recent updates and insights pertaining to various segments of the global ferrovanadium
Automotive Lighting Market is expected to grow at a CAGR of ~6% during the forec …
In a recent publication, Future Market Insights (FMI) provides a perspective on the growth trajectory of automotive lighting market for the period between 2019 and 2029. According to the study, worldwide sales of automotive lighting reached ~2 billion units, equating a value of ~US$ 36.5 billion in 2018. Gains remain driven by growing popularity of luxury cars and high purchasing power of middle class demographic in developing countries that increased the
Clinical Trials Market Survey Report 2021 Along with Statistics, Forecasts till …
The study offers a long-term forecast of the clinical trials landscape for the period between 2019 and 2029. The clinical trials landscape is projected to record a 4.5% CAGR through 2029. Collaboration at Its Peak: Key Strategy of Manufacturers in Clinical Trials Market For reducing economic burden, many companies are planning to shift their focus towards on-core business activities, thereby outsourcing their clinical trials activities to the CROs (contract research organizations). This
Mucopolysaccharidosis (MPS) Treatment Market Coronavirus (COVID-19) Impact Analy …
Competition Landscape In this chapter, readers can find a comprehensive list of all the leading manufacturers in the mucopolysaccharidosis treatment market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the players featured in the mucopolysaccharidosis treatment market report are Sanofi S.A., Shire, BioMarin Pharmaceutical Inc., Ultragenyx Pharmaceutical Inc., Sarepta Therapeutics, Abeona Therapeutics, Inc., ArmaGen, Eloxx Pharmaceuticals, Esteve,
More Releases for Suspension
Automotive Composite Suspension Component Market
The Automotive Composite Suspension Component Market report provides a detailed overview of the industry including both qualitative and quantitative information with detailed market segmentation by component, vehicle, process. The global automotive composite suspension component market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive composite suspension component market players and offers key trends and opportunities in
Press release account suspension Twitter Daniela Shams
On Thursday 17 September 2020, the account of the publisher of Lifestyle4unique magazine was wordlessly blocked by Twitter. Daniela Shams has been on the platform since 2012 and is known for the slogan "honest, stylish, elegant". In this sense she maintains a cordial contact with her followers. It is one of many accounts where things are friendly. Daniela Shams attaches great importance to the fact that different views are mutually
Global Two Wheeler Front Forks Market SWOT Analysis by Key Players: Showa Corpor …
This report presents the worldwide Two Wheeler Front Forks market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The two wheeler front forks connect the vehicle’s front wheel and
Air Suspension Systems Market
Air suspension systems are extensively used in heavy duty vehicles where they utilize pressure from compressed air for the vehicle’s braking system. As a result, the global air suspension systems market is expected to witness significant growth in 2018, reaching a market value of US$ 4,613.3 Mn at a Y-o-Y growth rate of 6.0% as compared to 2017. Furthermore, the global demand for air suspension systems will also be influenced
China Vehicle Suspension Market Research Report 2018
The China Vehicle Suspension Market Research Report 2018 is a professional and in-depth study on the current state of the Vehicle Suspension industry. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Vehicle Suspension Industry analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status. Secondly, development policies and plans are discussed as well as manufacturing processes and cost structures.
Suspension Spring (Only aftermarket ) Market Report 2017
Suspension Spring (Only aftermarket ) Market Report 2017 Suspension Spring (Only aftermarket ) market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. View Entire Report @ https://www.reportsandmarkets.com/reports/united-states-suspension-spring-only-aftermarket-market-report-2017-1733433 Request for Sample of Premium Research Report with TOC @ https://www.reportsandmarkets.com/sample-request/united-states-suspension-spring-only-aftermarket-market-report-2017-1733433 Geographically, this report splits the United States market into seven regions: The West