Market Overview:
The global suspension fork market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for bicycles across the globe, coupled with rising disposable income levels and an increase in sporting activities. In terms of type, the cross country bike segment is expected to lead the global suspension fork market during the forecast period, followed by downhill bikes and dual slalom bikes. The free rider bike segment is projected to grow at a high CAGR during 2018-2030 owing to its growing popularity among mountain biking enthusiasts. Geographically, North America dominates the global suspension fork market due in part to high consumer demand for premium quality bicycles and cycling accessories in this region.
Product Definition:
A suspension fork is a type of bicycle fork that uses springs to absorb impacts from the road. This makes for a smoother ride, and can also help to prevent injuries.
Cross Country Bike:
Cross country bike, also called cross-country bicycle, is a type of bicycle that is designed for long-distance travel at high speed. Most types of bicycles can be used for cross country purposes; however, they are most commonly used by people who live in areas where the terrain is hilly and/or roads are not well maintained.
Downhill Bike:
The downhill bike is a type of mountain bicycle, which has been designed primarily for use in rough terrain and difficult conditions. Downhill bikes are typically equipped with suspension front and rear shocks to absorb the impact when riding over rocks or downhills. The growing trend among consumers towards fitness has led to an increase in outdoor sports activities such as mountain biking, hiking, running etc., which is expected to drive the market growth over the forecast period.
Application Insights:
On the basis of application, the global suspension fork market has been segmented into OEM and aftermarket. The OEM segment held a major share in 2017 and is expected to continue its dominance over the forecast period. Suspension forks are considered an essential component for biking trips or holidays. They allow bikers to experience new terrains without getting fatigued easily due to long travel distances or hard braking/riding activities on rough surfaces. Furthermore, these products enhance bike handling characteristics by absorbing road shocks thereby reducing fatigue on arms/hands as well as back muscles while riding for a longer duration of time at a stretch.
Regional Analysis:
Europe dominated the global market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing product demand as a result of rising popularity of mountain biking and other extreme sports. Furthermore, presence of major manufacturers such as FOX, Rockshox, and Avid is also driving the regional market growth. Asia Pacific is expected to be the fastest-growing regional market at a CAGR exceeding 7% from 2018 to 2030 due primarily expansionary economic policies adopted by many developing countries such as India and China which are anticipated will boost consumer disposable income thereby stimulating product sales in this region.
Growth Factors:
- Increasing demand for mountain bikes and electric bicycles
- Rising disposable income of consumers in developing countries
- Technological advancements in suspension fork design and manufacturing process
- Growing popularity of cycling as a recreational activity
- Government initiatives to promote cycling as a mode of transportation
Scope Of The Report
Report Attributes
Report Details
Report Title
Suspension Fork Market Research Report
By Type
Cross Country Bike, Downhill Bike, Dual Slalom Bike, Free Rider Bike
By Application
OEM, Aftermarket
By Companies
Fox Factory, RockShox (SRAM), CANNONDALE, DVO Suspension, Manitou, HL CORP (SHENZHEN), Lauf Forks, Dah Ken Industrial, Cane Creek, A-PRO, SR Suntour, DT Swiss
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Suspension Fork Market Report Segments:
The global Suspension Fork market is segmented on the basis of:
Types
Cross Country Bike, Downhill Bike, Dual Slalom Bike, Free Rider Bike
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
OEM, Aftermarket
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:
- Fox Factory
- RockShox (SRAM)
- CANNONDALE
- DVO Suspension
- Manitou
- HL CORP (SHENZHEN)
- Lauf Forks
- Dah Ken Industrial
- Cane Creek
- A-PRO
- SR Suntour
- DT Swiss
Highlights of The Suspension Fork 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:
- Cross Country Bike
- Downhill Bike
- Dual Slalom Bike
- Free Rider Bike
- By Application:
- OEM
- Aftermarket
- 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 Suspension Fork 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?
A suspension fork is a type of fork that uses air or oil to suspend the bike's front wheel from the frame. This allows for a more stable ride and improved handling.
Some of the key players operating in the suspension fork market are Fox Factory, RockShox (SRAM), CANNONDALE, DVO Suspension, Manitou, HL CORP (SHENZHEN), Lauf Forks, Dah Ken Industrial, Cane Creek, A-PRO, SR Suntour, DT Swiss.
The suspension fork market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Suspension Fork Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Suspension Fork Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Suspension Fork Market - Supply Chain
4.5. Global Suspension Fork Market Forecast
4.5.1. Suspension Fork Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Suspension Fork Market Size (000 Units) and Y-o-Y Growth
4.5.3. Suspension Fork Market Absolute $ Opportunity
5. Global Suspension Fork Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Suspension Fork Market Size and Volume Forecast by Type
5.3.1. Cross Country Bike
5.3.2. Downhill Bike
5.3.3. Dual Slalom Bike
5.3.4. Free Rider Bike
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Suspension Fork Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Suspension Fork Market Size and Volume Forecast by Application
6.3.1. OEM
6.3.2. Aftermarket
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Suspension Fork Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Suspension Fork Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Suspension Fork Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Suspension Fork Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Suspension Fork Demand Share Forecast, 2019-2026
9. North America Suspension Fork Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Suspension Fork Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Suspension Fork Market Size and Volume Forecast by Application
9.4.1. OEM
9.4.2. Aftermarket
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Suspension Fork Market Size and Volume Forecast by Type
9.7.1. Cross Country Bike
9.7.2. Downhill Bike
9.7.3. Dual Slalom Bike
9.7.4. Free Rider Bike
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Suspension Fork Demand Share Forecast, 2019-2026
10. Latin America Suspension Fork Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Suspension Fork Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Suspension Fork Market Size and Volume Forecast by Application
10.4.1. OEM
10.4.2. Aftermarket
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Suspension Fork Market Size and Volume Forecast by Type
10.7.1. Cross Country Bike
10.7.2. Downhill Bike
10.7.3. Dual Slalom Bike
10.7.4. Free Rider Bike
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Suspension Fork Demand Share Forecast, 2019-2026
11. Europe Suspension Fork Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Suspension Fork Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Suspension Fork Market Size and Volume Forecast by Application
11.4.1. OEM
11.4.2. Aftermarket
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Suspension Fork Market Size and Volume Forecast by Type
11.7.1. Cross Country Bike
11.7.2. Downhill Bike
11.7.3. Dual Slalom Bike
11.7.4. Free Rider Bike
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Suspension Fork Demand Share, 2019-2026
12. Asia Pacific Suspension Fork Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Suspension Fork Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Suspension Fork Market Size and Volume Forecast by Application
12.4.1. OEM
12.4.2. Aftermarket
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Suspension Fork Market Size and Volume Forecast by Type
12.7.1. Cross Country Bike
12.7.2. Downhill Bike
12.7.3. Dual Slalom Bike
12.7.4. Free Rider Bike
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Suspension Fork Demand Share, 2019-2026
13. Middle East & Africa Suspension Fork Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Suspension Fork Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Suspension Fork Market Size and Volume Forecast by Application
13.4.1. OEM
13.4.2. Aftermarket
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Suspension Fork Market Size and Volume Forecast by Type
13.7.1. Cross Country Bike
13.7.2. Downhill Bike
13.7.3. Dual Slalom Bike
13.7.4. Free Rider Bike
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Suspension Fork Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Suspension Fork Market: Market Share Analysis
14.2. Suspension Fork Distributors and Customers
14.3. Suspension Fork Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fox Factory
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. RockShox (SRAM)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CANNONDALE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DVO Suspension
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Manitou
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HL CORP (SHENZHEN)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Lauf Forks
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dah Ken Industrial
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cane Creek
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. A-PRO
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SR Suntour
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. DT Swiss
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook