This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Front forks Market

Market Insights on Front forks covering sales outlook, demand forecast & up-to-date key trends

Front forks Market By Product Type, Operation Type, Vehicle Type, Sales Channel & Region - Forecast 2022-2032

Front forks Market Outlook

The front forks market is expected to record a CAGR of 4.3% during the forecast period 2022-2032, up from US$ 43 Billion in the year 2022 to reach a valuation of US$ 68.33 Billion by 2032.

Report Attributes

Details

CAGR

4.3%

Value (2022)

US$ 43 Billion

Value (2032)

US$ 68.33 Billion

The front forks market is anticipated to show promising growth prospects in the forecasted period 2022-2032.

Customize this Report

Let us know your requirement to get
100% FREE customization

What are the Key Drivers to the Front forks Market Share

The front forks market is projected to show a promising picture over the course of time with increased sales of two-wheelers across the globe. Front forks are also said to gain traction on the back of uneven terrain conditions across the globe.

The customer predilection for comfort while driving and to have a ride with minimal hiccups is also the driving factor for the increment in the sales of front forks. The traffic congestion in developing countries and underdeveloped roads is further providing a boost for the sales of automotive motorcycles, directly affecting the market for front forks.

Also, the hike in fuel prices increased the propensity of consumers towards the use of motorcycles in order to have an economical ride and will effectively reduce fuel consumption. Thus, comfort while driving, volatility in fuel prices, and traffic congestion due to intense use of motorbikes are the prime factors anticipated to propel the market in forthcoming years.

A great deal of customer awareness has grown these days about timely maintenance and repairs. This market will also be accelerated by the increased number of service stations and severe vehicular use that has caused early wear and tear to parts.

The market for front forks, though, has certain restraints that can resist the market's potential growth, such as the development of advanced integral suspension systems for vehicles that can threaten the market for front forks. Many companies are trying to develop an electronic suspension system that is capable of replacing the current system. This scenario can catapult the market and effectively reduce the front forks market.

But, according to the current scenario, heavy use of off-road vehicles is anticipated to develop the front forks market. The use of these motorbikes as dirt bikes for recreational racing is expected to drive growth for front forks in the upcoming years.

Which Region holds the Highest Growth Potential in the Front Forks Market

The Asia Pacific market is anticipated to emerge as the most lucrative market due to elevated sales of motorbikes and robust manufacturing in emerging countries like China, India and Japan. The countries like Indonesia, Malaysia, Vietnam and several other ASEAN countries to cater healthy development where the end-users have an obvious penchant for the usage of motorcycles.

Many motorbikes are used for recreational purposes, and high-end vehicles are being used in North America, which is expected to increase sales. Brazil and Mexico, with their widespread use of automobiles and heavy automobile sales, are likely to lead the Latin American market.

With an expanding fleet of motorcycles and sales of vehicles in the European market, we expect to see an increase in market sales. The market for MEA is likely to remain stagnant with a limited fleet in the region and no prominent development happening in the region.

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

How Competitive is the Front Forks Market

After braking, the front forks impart some resistance to the front wheel of the motorcycle in order for it not to be impacted by any weight. The suspension also dampens shocks and bumps when the vehicle is driven on rough or patchy terrain. Additionally, the front forks are an indispensable part of the bike, as they are an essential component of keeping the bike stable and running smoothly.

Additional factors contributing to market growth for front forks include consumers' increased use of motorcycles for recreational purposes, as well as the trend of using off-road bikes in a variety of conditions. The front fork suspension on these off-road vehicles must be upgraded to effectively dampen bumps and make driving on uneven terrain comfortable.

Examples of some of the market participants in the global xylose absorption tests market identified across the value chain include KYB Corporation, ANAND Group, Endurance Technologies Limited, SHOWA CORPORATION, Dah Ken Industry Co., Ltd., Öhlins Racing, SKF, Marzocchi Moto, MAHLE GmbH, TFX Suspension Technology, Tenneco Automotive India Pvt Ltd, Airotek Suspension Technologies Pvt. Ltd.

Report Scope

Report Attribute

Details

Growth rate

CAGR of 4.3% from 2022 to 2032

Base year for estimation

2021

Historical data

2015-2020

Forecast period

2022 – 2032

Quantitative units

Revenue in US$ million/billion and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

Product Type, Operation Type, Vehicle Type, Sales Channel, & Region.

Regional scope

North America (U.S., Canada); Latin America (Mexico, Brazil); Europe (Germany, Italy, France, U.K, Spain, Russia); East Asia (China, Japan, South Korea); South Asia (India, ASEAN); Oceania (Australia, New Zealand); Middle East and Africa (GCC Countries, South Africa, Northern Africa)

Country scope

U.S., Canada, Mexico, Brazil, Germany, Italy, France, U.K, Spain, Russia, China, Japan, South Korea, India, ASEAN, Australia, New Zealand, GCC Countries, South Africa, Northern Africa

Key companies profiled

KYB Corporation, ANAND Group, Endurance Technologies Limited, SHOWA CORPORATION, Dah Ken Industry Co., Ltd., Öhlins Racing, SKF, Marzocchi Moto, MAHLE GmbH, TFX Suspension Technology, Tenneco Automotive India Pvt Ltd, Airotek Suspension Technologies Pvt.Ltd.

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Key Segments Profiled in Front forks Market

By Product Type:

  • Telescopic front forks
  • Cantilever front forks
  • Inverted cantilever front forks

By Operation Type:

  • Twin tube front forks
  • Mono tube front forks

By Vehicle Type:

  • Motorcycles
  • Cruiser
  • Sports
  • Scooter
  • Mopeds
  • Others
  • Three wheelers

By Sales Channel:

  • OEM
  • Aftermarket
  • Online
  • Offline

By Region:

  • North
  • Latin
  • Europe
  • East Asia
  • South Asia
  •  Oceania
  • Middle East
  •  Africa

Frequently Asked Questions

The front forks market is expected to record a CAGR of 4.3% during the forecast period 2022-2032, up from US$ 43 Billion in the year 2022 to reach a valuation of US$ 68.33 Billion by 2032.

Key players holding substantial market share include KYB Corporation, ANAND Group, Endurance Technologies Limited, SHOWA CORPORATION, Dah Ken Industry Co., Ltd., Öhlins Racing, SKF, Marzocchi Moto, MAHLE GmbH, TFX Suspension Technology, Tenneco Automotive India Pvt Ltd, and Airotek Suspension Technologies Pvt.Ltd.

As per the analysis, the front forks market share is likely to be US$ 43 Billion by 2032.

Customer preference for comfort and a smooth ride plays a role in the growth of sales of the front forks market.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Nikhil Kaitwade
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

NA

Need specific information?

Request Customization

Explore Automotive Insights

View Reports

Recommendations

Automotive

Front Collision Warning Market

Published : May 2022

Automotive

Adaptive Front Lighting Market

Published : April 2022

Automotive

Front forks Market

Published : December 2019

Automotive

Automotive Front End Module Market

Published : May 2016

Google translate