Press release
Bicycle Suspension Market: Granular View of The Market from Various End-Use Segments
A bicycle suspension system is used to protect the rider from rough terrains. Bicycle suspension is used primarily on mountain bikes, but is also common on hybrid bicycles.Bicycling is the seventh most popular entertaining activity in the U.S. Approximately 39 million individuals rode bicycles in the U.S. In 2011 individuals that defined themselves as frequent or infrequent bicycle riders counted for 22.9 million of this group. The bicycling industry made 6 billion USD in income and over 12.8 million bicycles were sold in the U.S. Around 3 billion USD was spent on aftermarket shares and accessories purchased at bike domain shops and trade markets.
Bicycle suspension can be affixed on different parts of the bicycle, such as rear suspension, suspension seat post, front suspension, suspension saddle, suspension hub, and suspension stem. Bicycles with single forward-facing suspension are classified as hard tail and bicycles with suspension in both the rear and front are classified as filled or dual suspension bikes.
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Bicycle manufacturers purposely create controls and techniques in such a way that it gives safer ride and have proper grip while riding. Further providing ease to the rider, suspension methods enhance grip and security by keeping individual on both wheels keeping minimum interaction with the surface.
Major drivers of the bicycle suspension market are enhanced comfort, less exhaustion, better grip for the wheels, for handling jerking, and faster riding time over rough land. When first launched in the market, foothill bike suspension was fairly expensive and unpolished. Over the years, massive developments have been undertaken in manufacturing bicycles.
The bicycle suspension market is currently huge, with several companies offering different styles and range of prices. Consumers can currently select suspension goods that are precise to their riding needs and style, owing to such a huge range of options. This is good in one way; however, it makes selecting suspension products that much harder for consumers.
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The bicycle suspension market is segmented by damper material, travel, application, and region. In terms of damper material, the market is segmented into steel, carbon fiber, aluminum, titanium, and magnesium. The bicycle suspension market is also segmented by travel. This segment is about distance the bicycle is meant to travel. The suspension is made according to their ability of covering the specific distance such as Under 35 mm, 35 to 40 mm, 40 to 50 mm, 50 to 55 mm, and 55 mm & above.
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On the basis of application, the market is segmented into bicycle manufacturing, sports, and commercial. The regional analysis of the bicycle suspension market covers North America (The U.S. and Canada), Europe (France, Germany, U.K, and Rest of Europe), Asia Pacific (Japan, China, India and Rest of Asia Pacific), South America (Brazil and Rest of South America.), and Middle East & Africa (GCC and Rest of South Africa)
Key players in the bicycle suspension market are Marzoochi (US), Fox (US), Cannondale (UK), RST (US), Rock Shox (US), SR Suntour (TW), X-Fusion (US), Mozo (US), Magura (DE), BOS (FR), Manitou (US), Fu Luong (TW), White Brothers (US), etc.
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