Motorcycle Suspension Market: Riding the Waves of Innovation (2023-2029)

Revving Up the Future - Motorcycle Suspension Market Poised for Exponential Growth

The global Motorcycle Suspension Market is set to witness robust growth, reaching a valuation of USD 2.36 Bn. by 2029, showcasing a CAGR of 4.7% during the forecast period from 2023 to 2029. This revelation comes in the wake of the market's 2022 valuation of USD 1.71 Bn., highlighting the steady and promising ascent of this dynamic industry.

The suspension of a motorcycle serves a dual purpose: enhancing vehicle handling and braking, while also ensuring safety and comfort by isolating riders from road noise, bumps, and vibrations. Long-term direct sales-supply agreements with automobile OEMs are proving to be a winning strategy for market participants. The suspension system, once an overlooked component, is increasingly becoming a crucial consideration for motorcycle enthusiasts.

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Motorcycle Suspension Market Report Scope and Research Methodology

The analyst has focused on the key market trends that are likely to impact new business investments and development in the Motorcycle Suspension industry. These trends include new technology, new regulations, government investment, new uses, foreign entry, and other industry dynamics. The study includes a detailed trend analysis to help clients make informed decisions about their Motorcycle Suspension market presence.

The Motorcycle Suspension Market Research provides exclusive key statistics, facts, information, trends, and competitive landscape insights in this field. The current state of the Motorcycle Suspension market is analyzed, and the market is forecast to 2029. The study is likely to include company profiles, capacity, production, price, cost, revenue, and contact information for leading Motorcycle Suspension manufacturers in the global market. The bottom-up approach was used to estimate the global and regional Motorcycle Suspension market size.

Innovations Driving Market Expansion

The market dynamics are also being shaped by a rising demand for comfort and road safety among consumers. Innovative and improved suspension system designs are expected to play a crucial role in this expansion. Manufacturers are focusing on lightweight suspension systems, introducing designs that enhance vehicle performance while reducing overall system weight.

Innovations like the two-blending valve front fork suspension system by Showa and the revolutionary suspension system by Motorcycle Innovations are paving the way for a new era in motorcycle suspension technology. BMW Motorrad's Duolever front suspension technology is another significant advancement, offering improved road grip, enhancing riding accuracy, and precision.

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Motorcycle Suspension Market Segmentation:

by Product Type

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

The most popular product type is anticipated to be mono shock rear suspension systems due to its superior stability and manoeuvrability over dual shock suspensions. About 60% of two-wheelers have rear suspension systems with mono shocks installed. Rear suspension systems are predicted to hold 57.1% of the market share in 2022 and be valued USD 986.3 million. With a 200cc engine and a mono shock with a 10-step adjustable gas-charged rear suspension measuring 170mm and a telescopic front suspension measuring 190mm, Hero Motocorp debuted the Xpulse 200 motorcycle in the Indian market in 2019.

by Sales Channel

OEM
Aftermarket

by Technology

Passive
Active/Semi-active

by Motorcycle Type

Standard
Cruiser
Sports
Scooter
Mopeds
Others

The market is expanding more quickly due to the growing demand for vehicles with optional features and bespoke engineering across a range of industries. Developed nations like the United States and Japan are pushing the trend of personalising cars. The increasing trend of vehicle customization in developed countries is stimulating the aftermarket, which in turn is indirectly driving the rise in demand for automotive seat warmers. A volume compound annual growth rate (CAGR) of 3.7% is projected for the replacement/aftermarket category between 2022 and 2029. It is anticipated that aftermarket sales of suspension systems will increase as a result of increased suspension replacement rates brought on by subpar road conditions in several nations. Aftermarket parts are less expensive than original equipment manufactured by that company.

Motorcycle Suspension Market Key Players include:

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.

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Key Questions answered in the Motorcycle Suspension Market Report are:

• What is Motorcycle Suspension?
• What are the global Motorcycle Suspension market trends?
• What are the emerging trends in the Motorcycle Suspension market?
• What was the global Motorcycle Suspension market size in 2022?
• What is the expected CAGR of the Motorcycle Suspension market during the forecast period?
• What is the expected Motorcycle Suspension market size by 2029?
• What factors are affecting the Motorcycle Suspension market growth?
• Which region held the largest share of the global Motorcycle Suspension market?

Motorcycle Suspension Market Regional Insights:

The report includes a detailed analysis of market dynamics, market size and market share in all the regions and their countries mentioned below:
1. Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
2. Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
3. North America (the United States, Mexico, and Canada.)
4. South America (Brazil etc.)
5. The Middle East and Africa (GCC Countries and Egypt.)

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