Motorcycle shock absorbers have gone through a number of transitions since they were first invented, particularly so in the past few years. Essential for comfort and a smooth ride along with improvements in control, motorcycle shock absorbers are anticipated to see high demand in the years to come.
Mono motorcycle shock absorbers are anticipated to see great demand owing to the various advantages that they offer over conventional shock absorber systems including better, handling, braking, friction, centralization of mass, and stability, resulting in a much greater overall motorcycle performance. While mono shock absorber systems were traditionally used for only sports bikes, they are now seeing increasing use in commercial standard motorcycles as well.
Original equipment manufacturers are increasingly producing application specific motorcycle shock absorbers, owing to which their market share is anticipated to stay high through the forecast period. New technology is being used to improve on performance of mono motorcycle shock absorbers, which is anticipated to increase demand in the segment.
On the other hand, the availability of substandard products contaminating the market is anticipated to act as one of the primary constraining factors on the growth of the motorcycle shock absorbers market. In addition, growing preference for repairing shock absorber systems instead of replacements among motorcycle users is being seen, which can be attributed to prohibitory costs. This is also anticipated to restrain the market.
Key market player including Ohlins Racing, Showa Corporation, Nitron Racing Shocks, Hagon Shocks Ltd, and Robert Bosch GmbH are increasingly emphasizing on material and design innovations for performance improvements.
Asia is anticipated to continue growing as the leader in motorcycle shock absorbers market share during the forecast period owing to increased production and sales of motorcycles, arising from the low maintenance and costs. In addition, government initiatives such as India’s Make in India Policy and China’s public e-motorcycle sharing scheme is bringing in foreign direct investment, resulting in growth of the motorcycle shock absorbers market in the region through the period of forecast.
Similarly, Eastern Europe and South America are also anticipated to witness strong growth in the motorcycle shock absorbers market arising from the preference for motorcycles as a practical and relatively cheaper mode of transportation.
However, North America and Western Europe are expected to lag behind in the motorcycle shock absorber market owing to a greater preference for four wheelers over two wheelers in the region.
The report has been developed using first-hand research on the global motorcycle shock absorbers market on the terms of quality and quantity, on aspects such as market trends, market attractiveness, and economy as learned from interactions with the top industry experts.
Motorcycle shock absorbers can be broadly divided on the terms of product type, arrangement position, sales channel, and type of motorcycle. On the basis of product type, motorcycle shock absorbers can be divided into twin or mono shock absorbers. On the terms of arrangement position, motorcycle shock absorbers can be classified into front or rear suspension. On the terms of sales channel, motorcycle shock absorbers can be divided into original equipment manufacturers and aftersales market. On the basis of motorcycle type, shock absorbers can be divided into sport bikes, standard, and cruisers.
This report on the motorcycle shock absorbers market given here provides complete regional and global level analysis to identify and use important information, supported by research on various business aspects including market opportunities and competitive scenarios.
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Motorcycle Shock Absorbers Market
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