Global Two-wheeler Shock Absorber Market Size, Trends and Growth opportunity, By Type (air shock absorber, damper shock absorber and others), By Vehicle Type (passenger car and commercial vehicle), By Sales Channel (OEM and aftermarket),By region and forecast till 2027.
Global Two-wheeler Shock Absorber Market
The global two-wheeler shock absorber market was valued at US$3.1Billion in 2021 and it is expected to reach at US$3.8 Billion in 2027 at a CAGR of 4.1% during forecast period 2022-2027.
Motorcycle shock absorbers, which resemble hydraulic pumps or oil pumps, aid two-wheelers in regulating the rebound and impact movement of the bike suspension and springs. Bike absorbers make ensuring that the bike's tyres are secure and constantly in contact with the road. They further reduce jolts and vibrations. The development of new active and semi-active two-wheeler suspension systems is expected to propel the global market for shock absorbers for two-wheelers, improving rider comfort and safety.
Market Drivers
Consumer demand for motorcycles to use on road trips and adventure activities is growing. Two-wheeler shock absorber makers can anticipate significant potential as a result of this. Due to their low cost, high stability, and simple handling compared to other conventional motorcycles, scooter demand is also rising considerably. As OEM manufacturers concentrate on supplying mopeds with similar features to those of motorcycles, such as ABS systems and disc brakes, consumer choice is changing away from motorcycles and toward mopeds. Therefore, it is projected that increased demand for high-tech motorcycles and scooters will drive the global two-wheeler shock absorber market.
Market Restraints
It is projected that one of the main reasons limiting the growth of the motorcycle shock absorbers market will be the availability of subpar products infecting the market. In addition, motorcycle riders are increasingly choosing to fix shock absorber systems rather than replace them, which can be explained by their prohibitive costs. This is expected to limit the market as well.
Market Segmentation
The global two-wheeler shock absorber market segmented into type, vehicle type and sales channel. On the basis of type it segmented into air shock absorber, damper shock absorber and others. On the basis of vehicle type it segmented into passenger car and commercial vehicle. On the basis of sales channel it segmented into OEM and aftermarket.
Regional Analysis
The global two-wheeler shock absorber market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. One of the major markets for shock absorbers and other related parts used in the automobile sector is North America. The region's market is fueled by factors including the increased demand for comfort and safety in cars and the rapid advancement of suspension technology.
Key Players
Various key players are listed in this report such as KYB Corporation, ZF Friedrichshafen AG, Tenneco Inc., ANAND Group, Mando Corp., Marelli Holdings Co., Ltd., Meritor Inc., Thyssenkrupp AG, Yamaha Corporation and Showa Corporation
Market Taxonomy
By Type
Air Shock Absorber
Damper Shock Absorber
Others
By Vehicle Type
Passenger Car
Commercial Vehicle
By Sales Channel
OEM
Aftermarket
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Key Question Addressed by the Report
What are the Key Opportunities in Global Two-Wheeler Shock Absorber Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Two-wheeler Shock Absorber Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Two-wheeler Shock Absorber Market, By Type
- 5.1 Y-o-Y Growth Comparison, By Type
- 5.2 Global Two-wheeler Shock Absorber Market Share Analysis, By Type
- 5.3 Global Two-wheeler Shock Absorber Market Size and Forecast, By Type
- 5.3.1 Air Shock Absorber
- 5.3.2 Damper Shock Absorber
- 5.3.3 Others
- 6 Global Two-wheeler Shock Absorber Market, By Vehicle Type
- 6.1 Y-o-Y Growth Comparison, By Vehicle Type
- 6.2 Global Two-wheeler Shock Absorber Market Share Analysis, By Vehicle Type
- 6.3 Global Two-wheeler Shock Absorber Market Size and Forecast, By Vehicle Type
- 6.3.1 Passengers Car
- 6.3.2 Commercial Vehicle
- 7 Global Two-wheeler Shock Absorber Market, By Sales Channel
- 7.1 Y-o-Y Growth Comparison, By Sales Channel
- 7.2 Global Two-wheeler Shock Absorber Market Share Analysis, By Sales Channel
- 7.3 Global Two-wheeler Shock Absorber Market Share Analysis, By Sales Channel
- 7.3.1 OEM
- 7.3.2 Aftermarket
- 8 Global Two-wheeler Shock Absorber Market, By Region
- 8.1 Global Two-wheeler Shock Absorber Market Share Analysis, By Region
- 8.2 Global Two-wheeler Shock Absorber Market Share Analysis, By Region
- 9 North America Automotive Camera Analysis and Forecast (2022-2027)
- 9.1 Introduction
- 9.2 North America Two-wheeler Shock Absorber Market Share Analysis, By Type
- 9.3 North America Two-wheeler Shock Absorber Market Size and Forecast, By Vehicle Type
- 9.4 North America Two-wheeler Shock Absorber Market Size and Forecast, By Sales Channel
- 9.5 North America Two-wheeler Shock Absorber Market Size and Forecast, By Country
- 9.5.1 U.S
- 9.5.2 Canada
- 9.5.3 Mexico
- 10 Europe Two-wheeler Shock Absorber Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 Europe Two-wheeler Shock Absorber Market Share Analysis, By Type
- 10.3 Europe Two-wheeler Shock Absorber Market Size and Forecast, By Vehicle Type
- 10.4 Europe Two-wheeler Shock Absorber Market Size and Forecast, By Sales Channel
- 10.5 Europe Two-wheeler Shock Absorber Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.5.4 Rest of Europe
- 11 Asia Pacific Two-wheeler Shock Absorber Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Asia-Pacific Two-wheeler Shock Absorber Market Size and Forecast, By Type
- 11.3 Asia-Pacific Two-wheeler Shock Absorber Market Size and Forecast, By Vehicle Type
- 11.4 Asia-Pacific Two-wheeler Shock Absorber Market Size and Forecast, By Sales Channel
- 11.5 Asia-Pacific Two-wheeler Shock Absorber Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4. Rest of Asia Pacific
- 12 Latin America Two-wheeler Shock Absorber Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Latin America Two-wheeler Shock Absorber Market Size and Forecast, By Type
- 12.3 Latin America Two-wheeler Shock Absorber Market Size and Forecast, By Vehicle Type
- 12.4 Latin America Two-wheeler Shock Absorber Market Size and Forecast, By Sales Channel
- 12.5 Latin America Two-wheeler Shock Absorber Market Size and Forecast, By Country
- 12.5.1 Brazil
- 12.5.2. Rest of Latin America
- 13 Middle East Two-wheeler Shock Absorber Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Middle Two-wheeler Shock Absorber Market Share Analysis, By Type
- 13.3 Middle Two-wheeler Shock Absorber Market Size and Forecast, By Vehicle Type
- 13.4 Middle Two-wheeler Shock Absorber Market Size and Forecast, By Sales Channel
- 13.5 Middle Two-wheeler Shock Absorber Market Size and Forecast, By Country
- 13.5.1. Saudi Arabia
- 13.5.2. UAE
- 13.5.3. Egypt
- 13.5.4. Kuwait
- 13.5.5. South Africa
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1. Showa Corporation
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2. KYB Corporation
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. ZF Friedrichshafen AG
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4. Tenneco Inc.
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5. ANAND Group
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6. Mando Corp.
- 15.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7. Marelli Holdings Co., Ltd.
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8. Meritor Inc.
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9. Thyssenkrupp AG
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10. Yamaha Corporation
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
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