Bicycle Suspension Market: Introduction
A bicycle suspension absorbs small bumps while letting the wheels move up and down. Suspension provides better control as it keeps the tires in contact with the ground. Bicycle suspension also helps improve quality as it helps the bike to absorb huge shocks when landing jumps. Suspension also exhibit a more or less dampening effect, they gradually expand back to preset position after the relative compression. There are two types of suspension primarily: front and rear. Of these, fork suspension is a predominant type of front suspension which works similar to the front suspension of a motorcycle. Whereas, the rear suspension designs are so much in number as the number of bicycle makes. Mostly, design of the frame and the linkage differentiates one bicycle from another. Bicycles with only the front suspension or single suspension are known as hardtail bicycles. Whereas bicycles which have suspension in booth front as well as rear wheel as called as full suspension bikes or dual suspension bikes. Due to above mentioned causes, the demand for bicycle suspension is predicted to see noteworthy growth thus paying to the global bicycle suspension market during the forecast period.
Bicycle Suspension Market: Dynamics
Cycling activities such as adventure sports, professional cycling has grown considerably over the past decade which is expected to create striking opportunities for market growth. Besides, growth in racing, off-road riding and dirt biking is anticipated to boost the growth of bicycle suspension market in the coming years. Bicycle suspension provide better ride quality and safety for mountain bikers, whereas customization of bicycle provides lucrative aftermarket opportunities for bicycle suspension market.
Bicycle suspension make the bicycle relatively heavy which slows its down on the climb. Also, bicycles with high quality suspensions make the bicycle costs expensive. Furthermore, bicycle suspensions need regular maintenance. All these factors may collectively impede the growth of bicycle suspension market in the coming years.
From high-frequency trail vibrations to big-hit compressions innovations have been made by number of manufacturers operating in the market. To make suspension stay active and provide better control manufacturers are making developments.
Bicycle Suspension Market: Segmentation
The global bicycle suspension market can be segmented on the basis of suspension type, bicycle type, sales channel and distribution channel.
On the basis of suspension type, the global bicycle suspension market is segmented as:
On the basis of bicycle type, the global bicycle suspension market is segmented as:
On the basis of sales channel, the global bicycle suspension market is segmented as:
On the basis of distribution channel, the global bicycle suspension market is segmented as:
Bicycle Suspension Market: Regional Outlook
Asia Pacific accounted for a prominent share of electric bicycles sales in 2018, with China registering a significant fleet of E-bikes owing to a decent network of roads. Japan is another country with an extensive fleet of bicycles. Growth in cycling activities in Europe in countries such as France is anticipated to further cater the bicycle suspension market growth. Several Countries in Europe rank top in the bicycle usage and fleet in the world. Moreover, the fleet is further expanding with more cycling enthusiasts using bicycle suspension activities. North America is expected to witness significant growth in the coming years owing to the growing cycling with increasing health consciousness as well as traffic congestions. Whereas, Middle East & Africa is anticipated to witness steady growth in the global bicycle suspension market.
Bicycle Suspension Market: Key Participant
Some of the key players identified across the value chain in the global Bicycle Suspension market are:
The research report on the Bicycle Suspension market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Bicycle Suspension market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, vehicle type, and sales channel.
The report covers exhaustive analysis on:
Regional analysis includes:
The global Bicycle Suspension market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.