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Global Two-wheeler Suspension System Market 2019-2023

  • Published: Mar 2019
  • Pages: 120
  • SKU: IRTNTR31033
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The global two-wheeler suspension system market size will grow by USD 652.17 million during 2019-2023. This report offers an analysis of the market based on application (motorcycle and scooter). The two-wheeler suspension system market research report further presents an in-depth insight on the growth prospects of the market across geographic regions such as APAC, Europe, MEA, North America, and South America. The report analyzes the market’s competitive landscape and offers information on several companies including BMW AG, Gabriel India Ltd. (ANAND Group), SHOWA Corporation, Tenneco Inc., and ZF Friedrichshafen AG.

Below are some of the key findings from this two-wheeler suspension system market analysis report

Two-wheeler Suspension System Market

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Global two-wheeler suspension system industry overview

The increase in electronic content in two-wheelers is one of the critical reasons that will drive the two-wheeler suspension system market’s growth. The integration of advanced electronics makes the increasing demand for enhanced safety and comfort possible. For instance, using the anti-lock braking system, vehicle speed can be monitored through the speed sensor and regulation of braking pressure accordingly. Electronic fuel injection helps in bringing about increased fuel efficiency. There is a transition from traditional suspension systems to electronic suspension systems in premium motorcycles. Safety, performance, stability, and comfort have been included in the range of customer needs and OEM offerings. Special features also display product differentiation for sustaining competition. As a result, the demand for two-wheeler suspension system market is positively impacted.

Motorcycle events like shows and exhibitions are forms of advertisements used by OEMs and dealers to launch new products. Two-wheeler manufacturers showcase new vehicle models or technological innovations which can educate consumers about their various options. For instance, Esposizione Internazionale Ciclo Motociclo e Accessori (EICMA) is a motorcycle show conducted in Milan, Italy, annually. Adventure touring activities conducted by motorcycle touring communities help increase the sale of full-sized cruiser motorcycles. Annual touring events organized by companies like EagleRider will increase the popularity of motorcycle tourism in the US, and hence create a positive demand for motorcycles during the forecast period. The increasing number of motorcycle events will drive the two-wheeler suspension system market to grow at a CAGR of almost 8% during the forecast period.

Top two-wheeler suspension system companies covered in this market research report

The two-wheeler suspension system market is moderately fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this two-wheeler suspension system industry analysis report will allow the clients to identify new growth opportunities and design innovative strategies to improve their share in the market.

The report offers a complete analysis of various companies including:

  • BMW AG
  • Gabriel India Ltd. (ANAND Group)
  • SHOWA Corporation
  • Tenneco Inc.
  • ZF Friedrichshafen AG

Two-wheeler suspension system market segmentation based on geographic regions

  • APAC
  • Europe
  • MEA
  • North America
  • South America

APAC will hold the highest share of this market throughout the forecast period.  The high sale of low-power and affordable motorcycles is one of the major reasons for the high growth of the two-wheeler suspension system market in this region.

Two-wheeler suspension system market segmentation based on application

  • Motorcycle
  • Scooter

The motorcycle segment will account for the highest share of the two-wheeler suspension system market. The demand for commuter motorcycles is increasing in emerging economies due to the presence of a large base of middle-class population. For instance, the Gabriel India (a flagship of ANAND Group), a regional vendor for suspension systems is growing due to the continuous new product launches.

Key highlights of the global two-wheeler suspension system market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the two-wheeler suspension system market during the next five years
  • Precise estimation of the global two-wheeler 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 two-wheeler suspension system industry across various geographies such as APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of two-wheeler suspension system companies  

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Motorcycle - Market size and forecast 2018-2023
  • Scooter - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing number of two-wheeler events and activities
  • Monoshock suspension to replace telescopic fork suspension
  • in two-wheelers
  • Increasing popularity of semi-active suspension system

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BMW AG
  • Gabriel India Ltd. (ANAND Group)
  • SHOWA Corporation
  • Tenneco Inc.
  • ZF Friedrichshafen AG

PART 14: APPENDIX

  • Research methodology
  • 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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