Motorcycle Suspension Systems - Global Market Trajectory & Analytics

Global Motorcycle Suspension Systems Market to Reach 397.5 Million Units by 2027

Amid the COVID-19 crisis, the global market for Motorcycle Suspension Systems estimated at 243.5 Million Units in the year 2020, is projected to reach a revised size of 397.5 Million Units by 2027, growing at a CAGR of 7.3% over the period 2020-2027. Front Suspension, one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach 239.9 Million Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Rear Suspension segment is readjusted to a revised 5% CAGR for the next 7-year period.

The U.S. Market is Estimated at 65.8 Million Units, While China is Forecast to Grow at 11.3% CAGR

The Motorcycle Suspension Systems market in the U.S. is estimated at 65.8 Million Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 90.1 Million Units by the year 2027 trailing a CAGR of 11.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 6.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

Select Competitors (Total 44 Featured):

• BITUBO S.r.l.
• BMW Motorrad
• Continental AG
• Gabriel India Ltd.
• KYB Corporation
• Marzocchi Moto
• ohlins Racing AB
• Progressive Suspension, Inc.
• SHOWA Corporation
• TFX Suspension Technology
• WP Suspension GmbH