According to the recently released report by Bekryl, Global Motorcycle Suspension Systems Market is expected to register a CAGR of 4.7% during the forecast period to create 1.5X higher market opportunity by 2028. Demand for motorcycle suspension systems will heighten with increasing sales of motorcycles worldwide. Growing population, emergence of new motorcycle models, and rise in per capita income are key macroeconomic factors boosting the demand two wheeler and allied sectors including suspension system manufacturers. Sales will continue to register upward trajectory growth throughout the forecast period.
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According to the report, Asia Pacific accounted for 59% of global share in 2018. Sales in the region is primarily driven by higher motorcycle sales in China and India. The two region collectively accounts over 71% of total motorcycle sales. Several macroeconomic factors has also contributed to burgeoning sales in the region. Rapid urbanization, high population density, rising per capita income and changing lifestyle are few factors that has bolstered the growth in the region. The region not only dominates the global sales but also leads in net production. China and India have automotive cluster zone. Lower production cost has been a driving force behind flourishing automotive industry in the region. ASEAN is another key destination for players. Free Trade Agreement is expected to boost economic prosperity in the region. Moreover, the region has some of the highest population density city such as Manila and Singapore City. Electric Motorcycle is expected to be on the road in large numbers by 2028.
Electric Motorcycle to Create Huge Revenue Opportunity for Motorcycle Suspension Systems Vendor
Various leading motorcycle manufacturers are gradually shifting towards electric mobility. Many government has formulated policies and are subsidizing the product to boost electric vehicles. As a result, many new motorcycle entrants has emerged in the market. Electric mobility segment will create double digit growth opportunity for industry players. Long term partnership with e-motorcycle vendor could help motorcycle suspension manufacturers to generate huge revenue during the forecast period as well as strengthen the base in electric mobility segment.
Some key Motorcycle Suspension Systems market players are:
- BMW Motorrad
- KYB Corporation
- Gabriel India Ltd.
- Nitron Racing Shocks
- Traxxion Dynamics
- Tractive Suspension
- BITUBO S.r.l.
- ABE Bike Engineering
- Duro Shox Pvt. Ltd.
- SHOWA Corporation
- Ohlins
- Nitron Racing Shocks
- Progressive Suspension Inc.
- K-Tech Suspension, Inc.
- ZF Friedrichshafen AG
- Marzocchi Moto
- Mupor Srl,
Table of Contents:
1. Executive Summary
2. Research Methodologies
3. Motorcycle Suspension System Market Overview
3.1. Market Outlook and Forecast
3.2. Growth Forecast Analysis Scenario
3.3. Value Chain Analysis
4. Global Motorcycle Suspension System Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Trends
4.4. Opportunities
4.5. Key Component Supplier
4.6. Product Development Analysis
4.7. PESTLE Analysis
4.8. Market Investment Proposition
4.9. Key Development
4.10. Mergers and Acquisitions
5. Global Motorcycle Suspension System Market, By Vehicle
5.1. Market Share Analysis, By Vehicle (%)
5.2.
5.3. Motorcycles
5.3.1. Market Value (US$ Mn) Analysis, 2018-2028
5.3.1.1. Electric Motorcycles
5.3.1.2. Conventional Motorcycles
5.4. Scooters
5.4.1. Market Value (US$ Mn) Analysis, 2018-2028
5.4.1.1. Electric Scooters
5.4.1.2. Conventional Scooters
6. Global Motorcycle Suspension System Market, By Technology
6.1. Market Share Analysis, By Technology (%)
6.2. Industry Opportunity, By Segment
6.3. Passive
6.3.1. Market Value (US$ Mn) Analysis, 2018-2028
6.3.2. Y-o-Y (%) Analysis, 2018-2028
6.4. Active
6.4.1. Market Value (US$ Mn) Analysis, 2018-2028
6.4.2. Y-o-Y (%) Analysis, 2018-2028
7. Global Motorcycle Suspension System Market, By Distribution Channel
7.1. Market Share Analysis, By Distribution Channel (%)
7.2. Industry Opportunity, By Segment
7.3. OEM
7.3.1. Market Value (US$ Mn) Analysis, 2018-2028
7.3.2. Y-o-Y (%) Analysis, 2018-2028
7.4. Aftermarket
7.4.1. Market Value (US$ Mn) Analysis, 2018-2028
7.4.2. Y-o-Y (%) Analysis, 2018-2028
8. Global Motorcycle Suspension System Market, By Suspension Type
8.1. Market Share Analysis, By Distribution Channel (%)
8.2. Industry Opportunity, By Segment
8.3. Front
8.3.1. Market Value (US$ Mn) Analysis, 2018-2028
8.3.2. Y-o-Y (%) Analysis, 2018-2028
8.4. Rear
8.4.1. Market Value (US$ Mn) Analysis, 2018-2028
8.4.2. Y-o-Y (%) Analysis, 2018-2028
9. Global Motorcycle Suspension System Market, By Region
9.1. Industry Trends, By Region
9.2. Market Share Analysis, By Region (%)
9.3. Industry Opportunity, By Segment
10. North America Motorcycle Suspension System Market
10.1. Introduction
10.2. Market Value (US$ Mn) Analysis, 2018-2028
10.3. Incremental Opportunity (US$ Mn) Analysis, 2018-2028
10.4. Y-o-Y (%) Analysis, 2018-2028
10.5. Industry Revenue Analysis Across Country
10.5.1. U.S.
10.5.2. Canada
11. Western Europe Motorcycle Suspension System Market
11.1. Introduction
11.2. Market Value (US$ Mn) Analysis, 2018-2028
11.3. Incremental Opportunity (US$ Mn) Analysis, 2018-2028
11.4. Y-o-Y (%) Analysis, 2018-2028
11.5. Industry Revenue Analysis Across Country
11.5.1. Germany
11.5.2. UK
11.5.3. NORDIC
11.5.4. BENELUX
11.5.5. Italy
11.5.6. Spain
11.5.7. Rest of Western Europe
12. Central and Eastern Europe Motorcycle Suspension System Market
12.1. Introduction
12.2. Market Value (US$ Mn) Analysis, 2018-2028
12.3. Incremental Opportunity (US$ Mn) Analysis, 2018-2028
12.4. Y-o-Y (%) Analysis, 2018-2028
12.5. Industry Revenue Analysis Across Country
12.5.1. Russia
12.5.2. Ukraine
12.5.3. Rest of CEE
13. Asia Pacific Motorcycle Suspension System Market
13.1. Introduction
13.2. Market Value (US$ Mn) Analysis, 2018-2028
13.3. Incremental Opportunity (US$ Mn) Analysis, 2018-2028
13.4. Y-o-Y (%) Analysis, 2018-2028
13.5. Industry Revenue Analysis Across Country
13.5.1. China
13.5.2. India
13.5.3. Japan
13.5.4. South Korea
13.5.5. ASEAN
13.5.6. ANZ
13.5.7. Rest of Asia Pacific
14. Latin America Motorcycle Suspension System Market
14.1. Introduction
14.2. Market Value (US$ Mn) Analysis, 2018-2028
14.3. Incremental Opportunity (US$ Mn) Analysis, 2018-2028
14.4. Y-o-Y (%) Analysis, 2018-2028
14.5. Industry Revenue Analysis Across Country
14.5.1. Brazil
14.5.2. Mexico
14.5.3. Argentina
14.5.4. Rest of South America
15. Middle East Motorcycle Suspension System Market
15.1. Introduction
15.2. Market Value (US$ Mn) Analysis, 2018-2028
15.3. Incremental Opportunity (US$ Mn) Analysis, 2018-2028
15.4. Y-o-Y (%) Analysis, 2018-2028
15.5. Industry Revenue Analysis Across Country
15.5.1. GCC
15.5.2. Rest of Middle East
16. Africa Motorcycle Suspension System Market
16.1. Introduction
16.2. Market Value (US$ Mn) Analysis, 2018-2028
16.3. Incremental Opportunity (US$ Mn) Analysis, 2018-2028
16.4. Y-o-Y (%) Analysis, 2018-2028
16.5. Industry Revenue Analysis Across Country
16.5.1. South Africa
16.5.2. Rest of Africa
17. Company Landscape
17.1. Competition Dashboard
17.2. Competition Matrix Analysis
17.3. Company Profile
17.3.1. Overview
17.3.2. Market Strategy
17.3.3. Key Initiatives/Developments
17.3.4. SWOT
(TOC is tentative, contact Bekryl to get detailed information)
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