The Two-wheeler Shock Absorber Global Market Report 2023, provides comprehensive information on the two-wheeler shock absorber market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Two-wheeler Shock Absorber Global Market Report 2023, the global two-wheeler shock absorber market size is expected to grow from $3.04 billion in 2022 to $3.20 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global two-wheeler shock absorber market size is expected to reach $3.81 billion in 2027 at a CAGR of 4.4%.
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Technological innovations are a key trend gaining popularity in the two-wheeler shock absorber market. Major companies operating in the two-wheeler shock absorber market are introducing innovative products to sustain their position in the market. For instance, in June 2022, Öhlins Racing AB (Öhlins), a Sweden-based automotive industry company, launched the TTX22m.2 shock. The new and improved second iteration of the original TTX22m. This updated and enhanced product range with TTX technology provides greater bottom-out performance, improved fitting, and easier stroke adjustment specifically designed for the trail and downhill. The new bump rubber, in conjunction with the cup it rests in, functions as a second spring, loading and releasing energy to ensure the rider returns to position quickly and smoothly after a severe compression.
The two-wheeler shock absorber market is segmented:
1) By Type: Metal Spring, Rubber Buffer Hydraulic Dashpot, Collapsing Safety Shock Absorbers, Pneumatic Cylinders, Coil Springs, Electromagnetic Suspension, Self-Compensating Hydraulic, Other Types
2) By Technology: Mono Suspension, Dual Suspension
3) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
4) By End-User: Motorcycles, Electro-Mobile
Asia-Pacific was the largest region in the two-wheeler shock absorber market in 2022.
The table of contents in TBRC’s two-wheeler shock absorber market report includes:
- Executive Summary
- Two-wheeler Shock Absorber Market Characteristics
- Two-wheeler Shock Absorber Market Trends And Strategies
- Two-wheeler Shock Absorber Market – Macro Economic Scenario
- Two-wheeler Shock Absorber Market Size And Growth
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- Africa Two-wheeler Shock Absorber Market
- Two-wheeler Shock Absorber Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Two-wheeler Shock Absorber Market
- Two-wheeler Shock Absorber Market Future Outlook and Potential Analysis
- Appendix
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