Market Overview:
The global two-wheeler shock absorber market is estimated to be valued at US$ 2,819.5 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018–2030), according to a new study by Transparency Market Research (TMR). The growth of the market can be attributed to the increasing demand for motorcycles across the globe. In terms of type, the front fork shock absorber segment is expected to account for a major share of the global two-wheeler shock absorber market in 2018. This segment is anticipated to expand at a CAGR of 5.4% during the forecast period. In terms of application, standard motorcycle segment is expected hold dominant position in global two-wheeler shock absorber market during forecast period .
Product Definition:
A two-wheeler shock absorber is a device used to reduce the effect of bumps and shocks on a motorcycle or scooter. They are typically small, cylindrical units that fit over the forks of the bike. The shock absorber works by using oil and gas to create resistance within the unit, which helps to smooth out the bumps in the road.
Front Fork Shock Absorber:
The front fork shock absorber is a device mounted on the front of the bicycle to reduce vibrations and shocks that are transmitted to the handlebars and rider's body. The Front Fork Shock Absorber (FFSA) was first patented by an American, George S. Lawson in 1927, who was working for Indian Motorcycle Manufacturing Company.
Rear Shock Absorber:
Rear shock absorber is a device that reduces the shocks or vibrations that are transmitted to the two-wheeler from road irregularities and bumps in the road. It works by compressing air springs or hydraulic oil dampers which reduce or eliminate any jolts, bumps, and shakes that would have been absorbed by front suspension.
Application Insights:
The standard motorcycle application segment led the market and accounted for more than a 38% share of the global revenue in 2017. The segment is driven by increasing sales of standard motorcycles across the globe, especially in developing countries such as India, China and Brazil. Moreover, technological advancements coupled with growing demand for two-wheelers are expected to increase penetration rates of shock absorbers in standard motorcycles over the forecast period.
Cruiser motorcycle application is anticipated to witness significant growth over the forecast period owing to rising disposable income among consumers globally. Furthermore, government initiatives promoting usage of two-wheelers as a mode of transportation are likely to boost product demand globally. In addition, factors such as high comfort level associated with cruisers along with their ability to be used by beginners on roads will drive consumption rates further among new riders worldwide which will subsequently propel market growth over next few years.
Regional Analysis:
Asia Pacific dominated the global two-wheeler shock absorber market in 2017. This is attributed to increasing sales of motorcycles and scooters in developing countries such as India, China, and Thailand. Moreover, rising disposable income levels are expected to contribute towards higher sales of two-wheelers over the forecast period. The European region accounted for a significant share owing to high demand for advanced products with improved performance characteristics from consumers who value safety above all else when riding a motorcycle or scooter.
The North American regional market captured a revenue share of more than 25% in 2017 owing to strong demand from U.S.
Growth Factors:
- Increasing demand for two-wheelers in developing countries
- Rising disposable income of the middle-class population
- Technological advancements in shock absorber design and manufacturing process
- Growing popularity of adventure sports and recreational activities
- Stringent safety norms by regulatory authorities
Scope Of The Report
Report Attributes
Report Details
Report Title
Two-Wheeler Shock Absorber Market Research Report
By Type
Front Fork Shock Absorber, Rear Shock Absorber
By Application
Standard Motorcycle, Cruiser Motorcycle, Sport Bike, Touring Motorcycle, Other
By Companies
ZF, KYB, Öhlins, Showa, WP Suspension, Anand, Marzocchi, FOX, Endurance, Escorts Group
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Two-Wheeler Shock Absorber Market Report Segments:
The global Two-Wheeler Shock Absorber market is segmented on the basis of:
Types
Front Fork Shock Absorber, Rear Shock Absorber
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
Standard Motorcycle, Cruiser Motorcycle, Sport Bike, Touring Motorcycle, Other
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:
- ZF
- KYB
- Öhlins
- Showa
- WP Suspension
- Anand
- Marzocchi
- FOX
- Endurance
- Escorts Group
Highlights of The Two-Wheeler Shock Absorber 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:
- Front Fork Shock Absorber
- Rear Shock Absorber
- By Application:
- Standard Motorcycle
- Cruiser Motorcycle
- Sport Bike
- Touring Motorcycle
- Other
- 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 Two-Wheeler Shock Absorber 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
A two-wheeler shock absorber is a device that helps reduce the impact of bumps and jolts during travel. Shock absorbers are typically mounted on the frame of a two-wheeler, and help to absorb energy from impacts so that the rider does not experience too much jarring or shaking.
Some of the major players in the two-wheeler shock absorber market are ZF, KYB, –hlins, Showa, WP Suspension, Anand, Marzocchi, FOX, Endurance, Escorts Group.
The two-wheeler shock absorber market is expected to register a CAGR of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Two-Wheeler Shock Absorber 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 Two-Wheeler Shock Absorber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Two-Wheeler Shock Absorber 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 Two-Wheeler Shock Absorber 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 Two-Wheeler Shock Absorber Market Size & Forecast, 2020-2028
4.5.1 Two-Wheeler Shock Absorber Market Size and Y-o-Y Growth
4.5.2 Two-Wheeler Shock Absorber Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Front Fork Shock Absorber
5.2.2 Rear Shock Absorber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Standard Motorcycle
6.2.2 Cruiser Motorcycle
6.2.3 Sport Bike
6.2.4 Touring Motorcycle
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Two-Wheeler Shock Absorber 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 Two-Wheeler Shock Absorber 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Front Fork Shock Absorber
9.6.2 Rear Shock Absorber
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 Market Size Forecast by Applications
9.10.1 Standard Motorcycle
9.10.2 Cruiser Motorcycle
9.10.3 Sport Bike
9.10.4 Touring Motorcycle
9.10.5 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Front Fork Shock Absorber
10.6.2 Rear Shock Absorber
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 Market Size Forecast by Applications
10.10.1 Standard Motorcycle
10.10.2 Cruiser Motorcycle
10.10.3 Sport Bike
10.10.4 Touring Motorcycle
10.10.5 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Front Fork Shock Absorber
11.6.2 Rear Shock Absorber
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 Market Size Forecast by Applications
11.10.1 Standard Motorcycle
11.10.2 Cruiser Motorcycle
11.10.3 Sport Bike
11.10.4 Touring Motorcycle
11.10.5 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Front Fork Shock Absorber
12.6.2 Rear Shock Absorber
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 Market Size Forecast by Applications
12.10.1 Standard Motorcycle
12.10.2 Cruiser Motorcycle
12.10.3 Sport Bike
12.10.4 Touring Motorcycle
12.10.5 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Front Fork Shock Absorber
13.6.2 Rear Shock Absorber
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) Market Size Forecast by Applications
13.10.1 Standard Motorcycle
13.10.2 Cruiser Motorcycle
13.10.3 Sport Bike
13.10.4 Touring Motorcycle
13.10.5 Other
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 Two-Wheeler Shock Absorber Market: Competitive Dashboard
14.2 Global Two-Wheeler Shock Absorber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZF
14.3.2 KYB
14.3.3 Öhlins
14.3.4 Showa
14.3.5 WP Suspension
14.3.6 Anand
14.3.7 Marzocchi
14.3.8 FOX
14.3.9 Endurance
14.3.10 Escorts Group
