A bicycle suspension system is used to protect the rider from rough terrains. Bicycle suspension is used primarily on mountain bikes, but is also common on hybrid bicycles.
Bicycling is the seventh most popular entertaining activity in the U.S. Approximately 39 million individuals rode bicycles in the U.S. In 2011 individuals that defined themselves as frequent or infrequent bicycle riders counted for 22.9 million of this group. The bicycling industry made 6 billion USD in income and over 12.8 million bicycles were sold in the U.S. Around 3 billion USD was spent on aftermarket shares and accessories purchased at bike domain shops and trade markets.
Bicycle suspension can be affixed on different parts of the bicycle, such as rear suspension, suspension seat post, front suspension, suspension saddle, suspension hub, and suspension stem. Bicycles with single forward-facing suspension are classified as hard tail and bicycles with suspension in both the rear and front are classified as filled or dual suspension bikes. Bicycles with single hindmost suspension are unusual even though portable bicycles are armed with rear single suspension. These bicycle suspension are classified on the basis of compression damping, bottom out control, and rebound damping.
Bicycle manufacturers purposely create controls and techniques in such a way that it gives safer ride and have proper grip while riding. Further providing ease to the rider, suspension methods enhance grip and security by keeping individual on both wheels keeping minimum interaction with the surface.
Major drivers of the bicycle suspension market are enhanced comfort, less exhaustion, better grip for the wheels, for handling jerking, and faster riding time over rough land. When first launched in the market, foothill bike suspension was fairly expensive and unpolished. Over the years, massive developments have been undertaken in manufacturing bicycles. Bicycle suspension splits are superlight and trustworthy for cross country (XC) bicycling and replicas for downhill sprinting (DH) offer about 200mm of distance. On the further end of the range, economical bikes with complete suspension are easily available and are a good investment idea.
The bicycle suspension market is currently huge, with several companies offering different styles and range of prices. Consumers can currently select suspension goods that are precise to their riding needs and style, owing to such a huge range of options. This is good in one way; however, it makes selecting suspension products that much harder for consumers.
The bicycle suspension market is segmented by damper material, travel, application, and region. In terms of damper material, the market is segmented into steel, carbon fiber, aluminum, titanium, and magnesium. The bicycle suspension market is also segmented by travel. This segment is about distance the bicycle is meant to travel. The suspension is made according to their ability of covering the specific distance such as Under 35 mm, 35 to 40 mm, 40 to 50 mm, 50 to 55 mm, and 55 mm & above. On the basis of application, the market is segmented into bicycle manufacturing, sports, and commercial. The regional analysis of the bicycle suspension market covers North America (The U.S. and Canada), Europe (France, Germany, U.K, and Rest of Europe), Asia Pacific (Japan, China, India and Rest of Asia Pacific), South America (Brazil and Rest of South America.), and Middle East & Africa (GCC and Rest of South Africa)
Key players in the bicycle suspension market are Marzoochi (US), Fox (US), Cannondale (UK), RST (US), Rock Shox (US), SR Suntour (TW), X-Fusion (US), Mozo (US), Magura (DE), BOS (FR), Manitou (US), Fu Luong (TW), White Brothers (US), etc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.