Market Overview:
The global mountain bike shock market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for mountain bikes across the globe, coupled with the rising popularity of off-road cycling. Additionally, technological advancements in mountain bike shocks are also propelling the growth of this market. On the basis of type, air shocks are expected to dominate the global mountain bike shock market during the forecast period owing to their high performance and durability as compared to coil shocks. On account of their superior damping properties and ability to adjust rebound and compression settings on-the-fly, air shocks are being increasingly adopted by professional cyclists for competitive racing events. By application, cross country (XC) MTB is projected to be a key segment in terms of revenue contribution during 2018–2030 owing its growing popularity among amateur riders around thw world .
Product Definition:
A mountain bike shock is a device that helps to absorb the impact of bumps and holes in the terrain, making riding over rough ground easier and more comfortable. They are typically located near the wheel axle, between the frame of the bike and the wheel, and work by compressing and rebounding as they encounter bumps. This helps to keep riders seated firmly on their bikes, reduces rider fatigue, and can improve traction. Mountain bike shocks come in a variety of types depending on what type of biking they will be used for (cross-country, downhill, all-mountain), but all perform essentially the same function.
Air Shock:
Air shock is a spring-loaded device that absorbs the shocks caused by bumps in the road and helps to smooth out those vibrations. The greater the bump, the more force is applied to the air shock absorber. Air shocks are available in two main types: oil filled and nitrogen filled. Oil-filled air shocks are preferred by many consumers as they offer better damping than their counterparts; however, they require periodic maintenance with oil changes for proper functioning.
Coil Shock:
Coil shock is a mechanism that absorbs the shocks from bumps in the road. It works by using a series of elastic bands enclosed in a steel-based cylinder. The size and number of bands can vary according to requirements. Coils are used to absorb small bumps and prevent major impacts, which could lead to damage, for example; suspension fork or bike frame would be damaged if hit by large objects or heavy enough impacts.
Application Insights:
The trail bike segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The increasing number of downhill events has boosted the demand for advanced products such as coil shocks in mountain bikes. Furthermore, an increase in biking trips and recreational activities has led to a significant rise in demand for high-performance shock absorbers among other sports utility vehicles on rough terrains across various regions globally.
The cross country (XC) MTB application segment is estimated to register a CAGR of XX% from 2018 to 2030 owing to increased participation at international level by countries including Argentina, Australia, Belgium, Brazil, Canada Chile China Colombia France Germany India Italy Japan Mexico Netherlands New Zealand Poland Portugal Russia Spain Sweden Switzerland United Kingdom U.S.
Regional Analysis:
North America dominated the global mountain bike shock market in 2017. The U.S., in particular, is a major contributor to the regional market growth owing to an increase in cycling as a result of urbanization and rising disposable income among middle-class populations. Moreover, increasing awareness regarding health benefits associated with cycling has resulted in increased sales of mountain bikes over the past few years.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing disposable income among middle-class populations and growing popularity of MTB sports across countries such as China, Japan, India and Australia due to less expensive cost of training sessions on natural terrain compared with artificial turf tracks or road surfaces for racing events. In addition, growing popularity for extreme sports activities such as downhill riding will also contribute toward regional demand during forecast years from 2018 till 2030 timeframe ( Fig 2 ).
Growth Factors:
- Increasing popularity of mountain biking as a recreational activity.
- Rising disposable income of consumers, especially in developed countries.
- Growing demand for lightweight and durable mountain bike shocks from professional riders and hobbyists alike.
- Technological advancements in the design and manufacturing of mountain bike shocks that improve performance and durability.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mountain Bike Shock Market Research Report
By Type
Air Shock, Coil Shock
By Application
Cross Country (XC) MTB, Trail MTB, Enduro MTB, Downhill MTB
By Companies
Push Industries, RST (DaKen Industry), MRP Bike, Hayes Performance Systems, SRAM, SR Suntour, Ohlins (Tenneco Inc), Marzocchi (Fox), X Fusion Shox, DVO Suspension, Formula, DT Swiss, Magura
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Mountain Bike Shock Market Report Segments:
The global Mountain Bike Shock market is segmented on the basis of:
Types
Air Shock, Coil Shock
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cross Country (XC) MTB, Trail MTB, Enduro MTB, Downhill MTB
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Push Industries
- RST (DaKen Industry)
- MRP Bike
- Hayes Performance Systems
- SRAM
- SR Suntour
- Ohlins (Tenneco Inc)
- Marzocchi (Fox)
- X Fusion Shox
- DVO Suspension
- Formula
- DT Swiss
- Magura
Highlights of The Mountain Bike Shock Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Shock
- Coil Shock
- By Application:
- Cross Country (XC) MTB
- Trail MTB
- Enduro MTB
- Downhill MTB
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mountain Bike Shock Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mountain Bike Shock is a type of shock absorber for mountain bikes. It helps to reduce the impact of bumps and jolts while riding, making it easier to ride over rough terrain.
Some of the key players operating in the mountain bike shock market are Push Industries, RST (DaKen Industry), MRP Bike, Hayes Performance Systems, SRAM, SR Suntour, Ohlins (Tenneco Inc), Marzocchi (Fox), X Fusion Shox, DVO Suspension, Formula, DT Swiss, Magura.
The mountain bike shock market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mountain Bike Shock Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Mountain Bike Shock Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Mountain Bike Shock Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Mountain Bike Shock Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Mountain Bike Shock Market Size & Forecast, 2018-2028 4.5.1 Mountain Bike Shock Market Size and Y-o-Y Growth 4.5.2 Mountain Bike Shock Market Absolute $ Opportunity
Chapter 5 Global Mountain Bike Shock Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Mountain Bike Shock Market Size Forecast by Type
5.2.1 Air Shock
5.2.2 Coil Shock
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mountain Bike Shock Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Mountain Bike Shock Market Size Forecast by Applications
6.2.1 Cross Country (XC) MTB
6.2.2 Trail MTB
6.2.3 Enduro MTB
6.2.4 Downhill MTB
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mountain Bike Shock Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mountain Bike Shock Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Mountain Bike Shock Analysis and Forecast
9.1 Introduction
9.2 North America Mountain Bike Shock Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Mountain Bike Shock Market Size Forecast by Type
9.6.1 Air Shock
9.6.2 Coil Shock
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Mountain Bike Shock Market Size Forecast by Applications
9.10.1 Cross Country (XC) MTB
9.10.2 Trail MTB
9.10.3 Enduro MTB
9.10.4 Downhill MTB
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Mountain Bike Shock Analysis and Forecast
10.1 Introduction
10.2 Europe Mountain Bike Shock Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Mountain Bike Shock Market Size Forecast by Type
10.6.1 Air Shock
10.6.2 Coil Shock
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Mountain Bike Shock Market Size Forecast by Applications
10.10.1 Cross Country (XC) MTB
10.10.2 Trail MTB
10.10.3 Enduro MTB
10.10.4 Downhill MTB
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Mountain Bike Shock Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mountain Bike Shock Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Mountain Bike Shock Market Size Forecast by Type
11.6.1 Air Shock
11.6.2 Coil Shock
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Mountain Bike Shock Market Size Forecast by Applications
11.10.1 Cross Country (XC) MTB
11.10.2 Trail MTB
11.10.3 Enduro MTB
11.10.4 Downhill MTB
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Mountain Bike Shock Analysis and Forecast
12.1 Introduction
12.2 Latin America Mountain Bike Shock Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Mountain Bike Shock Market Size Forecast by Type
12.6.1 Air Shock
12.6.2 Coil Shock
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Mountain Bike Shock Market Size Forecast by Applications
12.10.1 Cross Country (XC) MTB
12.10.2 Trail MTB
12.10.3 Enduro MTB
12.10.4 Downhill MTB
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Mountain Bike Shock Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mountain Bike Shock Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Mountain Bike Shock Market Size Forecast by Type
13.6.1 Air Shock
13.6.2 Coil Shock
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Mountain Bike Shock Market Size Forecast by Applications
13.10.1 Cross Country (XC) MTB
13.10.2 Trail MTB
13.10.3 Enduro MTB
13.10.4 Downhill MTB
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mountain Bike Shock Market: Competitive Dashboard
14.2 Global Mountain Bike Shock Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Push Industries
14.3.2 RST (DaKen Industry)
14.3.3 MRP Bike
14.3.4 Hayes Performance Systems
14.3.5 SRAM
14.3.6 SR Suntour
14.3.7 Ohlins (Tenneco Inc)
14.3.8 Marzocchi (Fox)
14.3.9 X Fusion Shox
14.3.10 DVO Suspension
14.3.11 Formula
14.3.12 DT Swiss
14.3.13 Magura