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Bicycle Suspension System Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

  • Published: May 2022
  • Pages: 120
  • SKU: IRTNTR70480
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The bicycle suspension system market share will accelerate at a CAGR of 6.18% and reach an estimated value of USD 682.04 million by 2026.

The bicycle suspension system market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, the key bicycle suspension system market vendors studied and compiled in this report include BOS Suspension, Dah Ken Industrial Co. Ltd., Dorel Industries Inc., Fox Factory Holding Corp., FU LUONG HI TECH CO. LTD., Haro Bikes, Hayes Performance Systems Inc., HiRide Suspension Srl, MAGENWIRTH Technologies GmbH, Manitou BF SA, Mountain Racing Products, Orange Mountain Bikes Ltd., Roth Distributing Co. Inc., Specialized Bicycle Components Inc., SR Suntour Inc., SRAM LLC, Tenneco Inc., and X Fusion Shox among others.

This bicycle suspension system market research report extensively covers market segmentation by the following:

  • Type - Hardtail suspension and full suspension
  • Geography - North America, Europe, APAC, South America, and Middle East and Africa

What will the Bicycle Suspension System Market Size be During the Forecast Period?

Bicycle Suspension System Market Size

Download the Free Report Sample to Unlock the Bicycle Suspension System Market Size for the Forecast Period and Other Important Statistics

 

Bicycle Suspension System Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The mountain biking tourism catalyzes sustainable development in less populated areas, which is notably driving the bicycle suspension system market growth, although factors such as difficulty in handling due to the increased weight of the bicycle may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the bicycle suspension system industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Bicycle Suspension System Market Driver

One of the key factors driving the global bicycle suspension system industry growth is that mountain biking tourism catalyzes sustainable development in less populated areas. Mountain bike tourism is gaining popularity, with people traveling to various destinations to experience mountain biking owing to the thrill and adventure it offers. The key manufacturers are continuously making advances in mountain bike technologies, such as the use of carbon fiber frames, suspensions, and forks, among others. In addition, various governmental bodies are promoting bicycle tourism to enhance a healthy lifestyle. The rise in mountain biking tourism also acts as a source of revenue for the sparsely populated mountain regions as tourists keen on witnessing mountain biking would facilitate the local population to start small businesses catered toward the tourists, such as small hotels. Such factors will drive market growth in the coming years.

Key Bicycle Suspension System Market Trend

Growing popularity of clubs and sports events is one of the key bicycle suspension system market trends that is expected to impact the industry positively in the forecast period. Manufacturers sponsor cycling events and use such platforms for marketing their products. For instance, Trek Bicycle has been sponsoring the Trek World Racing Team at the Downhill events since 2013. Some of the other sponsors of the Downhill events are ODI, Motorex, MRP, and Renthal. Some of the sports bicycle manufacturers that have also sponsored events such as the Olympics are GT Bicycles, Boardman Bikes, Time Sports, and Santander Cycles. In addition, there are around 2,105 such groups with 1,074,892 members in 920 cities across 50 countries. Some of the largest meetups by sports bicycle groups and clubs worldwide are mentioned below:

  • The Hudson Valley Hikers in New York, US 
  • The Chicago Hiking Outdoors in Chicago, US
  • Vancouver Hiking Meetup Group in Vancouver, Canada 
  • The Trailblazer in London, UK. 

Key Bicycle Suspension System Market Challenge

One of the key challenges to the global bicycle suspension system industry growth is the difficulty in handling due to the increased weight of the bicycle. Bicycles with suspension are designed to be robust, steady, stiff, and heavy and provide better balance to the rider. Even though the high-end models are manufactured using lighter materials such as carbon fiber and aluminum, they still tend to be heavier than other conventional bicycles. However, as the bicycle is heavy, the power exerted on the pedal must be higher to attain a certain speed, especially during an uphill journey. It is difficult to ride bicycles with wider wheels and suspension, as the acceleration is slower and the braking power required to stop is higher. The suspension on the bike also creates an unreasonable amount of bounce or sway, which makes it uncomfortable, especially when camping gear, food, and supplies are strapped directly to the frame of the bicycle. Such factors may challenge the market growth during the forecast period, especially for the road/commuting bicycles.

This bicycle suspension system market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global bicycle suspension system market as a part of the global auto parts and equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the bicycle suspension system market during the forecast period.

Who are the Major Bicycle Suspension System Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • BOS Suspension
  • Dah Ken Industrial Co. Ltd.
  • Dorel Industries Inc.
  • Fox Factory Holding Corp.
  • FU LUONG HI TECH CO. LTD.
  • Haro Bikes
  • Hayes Performance Systems Inc.
  • HiRide Suspension Srl
  • MAGENWIRTH Technologies GmbH
  • Manitou BF SA
  • Mountain Racing Products
  • Orange Mountain Bikes Ltd.
  • Roth Distributing Co. Inc.
  • Specialized Bicycle Components Inc.
  • SR Suntour Inc.
  • SRAM LLC
  • Tenneco Inc.
  • X Fusion Shox

 

This statistical study of the bicycle suspension system market encompasses successful business strategies deployed by the key vendors. The bicycle suspension system market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market.

Product Insights and News

  • Dah Ken Industrial Co. Ltd. - The company offers bicycle suspension systems under the subsidiary RST suspension.
  • Dah Ken Industrial Co. Ltd. - Under the unified segment, the company offers research, development, and manufacturing of OEM motorcycle parts and bicycle suspension systems.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The bicycle suspension system market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Bicycle Suspension System Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the bicycle suspension system market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Bicycle Suspension System Market?

Bicycle Suspension System Market Market segmentation by region

For more insights on the market share of various regions Request for a FREE sample now!

32% of the market's growth will originate from Europe during the forecast period. Germany, the UK, and France are the key markets for bicycle suspension systems in Europe. Market growth in this region will be faster than the growth of the market in South America and North America.

The significant increase in the demand for bicycle suspension owing to initiatives taken by the EU to encourage participation in physical activities to promote the benefits of exercise and sports will facilitate the bicycle suspension system market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic has adversely impacted the sales and production of bicycles across the region, owing to the imposition of lockdowns in 2020. However, public transportation in these countries is not being operated at full capacity because of social distancing norms that have been put in place to curb the spread of the disease. This has increased the demand for bicycles in Europe, especially in countries such as the UK, France, and Germany. Additionally, in 2021, the success of vaccination drives across the countries in this region, and the rise in investment inflows into the bicycle parts manufacturing sector helped the plants to reopen and increase the production of vehicles. All these factors are expected to increase the demand for bicycles and related components, which will foster the growth of the bicycle suspension system market in Europe during the forecast period.

What are the Revenue-generating Type Segments in the Bicycle Suspension System Market?

Bicycle Suspension System Market Segmentation

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The bicycle suspension system market share growth by the hardtail suspension segment will be significant during the forecast period. Hardtail suspensions are best suited for a rider with racing ambitions or someone seeking an all-around bicycle to use for both commuting and weekend trail riding. The increase in such activities is anticipated to promote growth for hardtail suspensions in the forecast years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the bicycle suspension system market size and actionable market insights on post COVID-19 impact on each segment.

 

Bicycle Suspension System Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.18%

Market growth 2022-2026

$ 682.04 million

Market structure

Fragmented

YoY growth (%)

5.21

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 32%

Key consumer countries

US, China, Germany, UK, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

BOS Suspension, Dah Ken Industrial Co. Ltd., Dorel Industries Inc., Fox Factory Holding Corp., FU LUONG HI TECH CO. LTD., Haro Bikes, Hayes Performance Systems Inc., HiRide Suspension Srl, MAGENWIRTH Technologies GmbH, Manitou BF SA, Mountain Racing Products, Orange Mountain Bikes Ltd., Roth Distributing Co. Inc., Specialized Bicycle Components Inc., SR Suntour Inc., SRAM LLC, Tenneco Inc., and X Fusion Shox

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Bicycle Suspension System Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive bicycle suspension system market growth during the next five years
  • Precise estimation of the bicycle suspension system market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the bicycle suspension system industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of bicycle suspension system market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

  • 5.1 Market segments
    • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
  • 5.2 Comparison by Type
    • Exhibit 26: Chart on Comparison by Type
    • Exhibit 27: Data Table on Comparison by Type
  • 5.3 Hardtail suspension - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Hardtail suspension - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Hardtail suspension - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Hardtail suspension - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Hardtail suspension - Year-over-year growth 2021-2026 (%)
  • 5.4 Full suspension - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Full suspension - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Full suspension - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Full suspension - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Full suspension - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Type
    • Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 UK - Market size and forecast 2021-2026
    • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.12 France - Market size and forecast 2021-2026
    • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Dah Ken Industrial Co. Ltd.
    • Exhibit 89: Dah Ken Industrial Co. Ltd. - Overview
    • Exhibit 90: Dah Ken Industrial Co. Ltd. - Product / Service
    • Exhibit 91: Dah Ken Industrial Co. Ltd. - Key offerings
  • 10.4 Dorel Industries Inc.
    • Exhibit 92: Dorel Industries Inc. - Overview
    • Exhibit 93: Dorel Industries Inc. - Business segments
    • Exhibit 94: Dorel Industries Inc. - Key offerings
    • Exhibit 95: Dorel Industries Inc. - Segment focus
  • 10.5 Fox Factory Holding Corp.
    • Exhibit 96: Fox Factory Holding Corp. - Overview
    • Exhibit 97: Fox Factory Holding Corp. - Product / Service
    • Exhibit 98: Fox Factory Holding Corp. - Key offerings
  • 10.6 Hayes Performance Systems Inc.
    • Exhibit 99: Hayes Performance Systems Inc. - Overview
    • Exhibit 100: Hayes Performance Systems Inc. - Product / Service
    • Exhibit 101: Hayes Performance Systems Inc. - Key offerings
  • 10.7 HiRide Suspension Srl
    • Exhibit 102: HiRide Suspension Srl - Overview
    • Exhibit 103: HiRide Suspension Srl - Product / Service
    • Exhibit 104: HiRide Suspension Srl - Key offerings
  • 10.8 Specialized Bicycle Components Inc.
    • Exhibit 105: Specialized Bicycle Components Inc. - Overview
    • Exhibit 106: Specialized Bicycle Components Inc. - Product / Service
    • Exhibit 107: Specialized Bicycle Components Inc. - Key offerings
  • 10.9 SR Suntour Inc.
    • Exhibit 108: SR Suntour Inc. - Overview
    • Exhibit 109: SR Suntour Inc. - Product / Service
    • Exhibit 110: SR Suntour Inc. - Key offerings
  • 10.10 SRAM LLC
    • Exhibit 111: SRAM LLC - Overview
    • Exhibit 112: SRAM LLC - Product / Service
    • Exhibit 113: SRAM LLC - Key offerings
  • 10.11 Tenneco Inc.
    • Exhibit 114: Tenneco Inc. - Overview
    • Exhibit 115: Tenneco Inc. - Business segments
    • Exhibit 116: Tenneco Inc. - Key news
    • Exhibit 117: Tenneco Inc. - Key offerings
    • Exhibit 118: Tenneco Inc. - Segment focus
  • 10.12 X Fusion Shox
    • Exhibit 119: X Fusion Shox - Overview
    • Exhibit 120: X Fusion Shox - Product / Service
    • Exhibit 121: X Fusion Shox - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 122: Inclusions checklist
    • Exhibit 123: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 124: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 125: Research methodology
    • Exhibit 126: Validation techniques employed for market sizing
    • Exhibit 127: Information sources
  • 11.5 List of abbreviations
    • Exhibit 128: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Bicycle Suspension System Market market growth will increase by $682.04 million during 2022-2026.
The bicycle suspension system market market is expected to grow at a CAGR of 6.18% during 2022-2026.
Technavio has segmented the bicycle suspension system market market by type (hardtail suspension and full suspension) ,geography (North America, Europe, APAC, South America, and Middle East and Africa) , and geographic (North America, Europe, APAC, South America, and MEA).
BOS Suspension, Dah Ken Industrial Co. Ltd., Dorel Industries Inc., Fox Factory Holding Corp., FU LUONG HI TECH CO. LTD., Haro Bikes, Hayes Performance Systems Inc., HiRide Suspension Srl, MAGENWIRTH Technologies GmbH, Manitou BF SA, Mountain Racing Products, Orange Mountain Bikes Ltd., Roth Distributing Co. Inc., Specialized Bicycle Components Inc., SR Suntour Inc., SRAM LLC, Tenneco Inc., X Fusion Shox are a few of the key vendors in the bicycle suspension system market market.
Europe will register the highest growth rate of 32% among the other regions. Therefore, the bicycle suspension system market market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the bicycle suspension system market market growth are:
  • mountain biking tourism catalyzes sustainable development in less populated areas
  • Development of smart connected helmet, which integrates health and wellness features
The bicycle suspension system market market vendors should focus on grabbing business opportunities from the hardtail suspension segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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