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Exploring the Global Monoshock Suspension System Market Trends and Opportunities | Öhlins Racing AB, SKF, Nitron Racing Shocks, BMW AG, Hagon Products Ltd, Honda Motor Co., Ltd, Robert Bosch GmbH, Endurance Technologies Limited
The Monoshock suspension system Market is expected to grow at a steady rate of around 5% during the forecast period. Monoshock suspension systems are the type of suspension used in bikes to reduce the shock or dumping effect and to increase comfort while riding the bike. Moreover, the mono-shock suspension system provides great stability, during the leaps and landing of the bikes in off-roading activities, the introduction of emission norms to reduce pollution, and demand for the comfortable suspension in sports activities. In addition, the suspension system is designed with a single absorber that is large in size than a standard absorber. For instance, CFMoto, a Chinese manufacturer of ATVs, announced its plan to launch its products in the Indian market.
𝐓𝐨 𝐆𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐟𝐮𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲-https://univdatos.com/report/monoshock-suspension-system-market/get-a-free-sample-form.php?product_id=30641
Based on motorcycle type, the market is segmented into standard motorcycles, sports motorcycles, cruiser motorcycles, dirt bikes, and others. The dirt bikes category is to witness a higher CAGR during the forecast period. The purpose of suspension is to absorb bumps and impacts while allowing the wheels to track against the ground. In addition, this is so important in terms of finding traction, both for motocross and off-road/enduro riding. For instance, the U.S. holds multiple racing events across the year where participants compete for titles and rewards. World Off-Road Championship Series (WORCS) is one of the biggest racing events organized in the country
Based on sales channel, the market is categorized into original equipment manufacturers (OEMs) and aftermarket. Among these, the OEMs to hold a significant share in the market in 2020. This is mainly due to the quality of the product provided by the OEMs, and they have a good pipeline of motorcycles with a quality suspension system. Moreover, OEMs are known for the originality of the products which is also a key factor driving the growth of the market.
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For a better understanding of the market adoption of the Monoshock suspension system industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to hold a dominant share during the forecast period. This is mainly due to the increasing prevalence of off-road recreational activities backed by growing disposable income and surging per capita spending of individuals in the emerging economies of the region is driving the growth of the market. In addition, the constant development of remote & hilly areas along with growth in recreational activities further accelerates the suspension system market growth in the region. Also, major players in the market continue to invest in organizing various championships for Powersports enthusiasts. For instance, The Yamaha Australian Off-Road Championship is Australia’s premier off-road racing competition. It is also primarily held over fourteen rounds throughout the year and runs in conjunction with other state off-road championships across Australia.
Some of the major players operating in the market include Öhlins Racing AB, SKF, Nitron Racing Shocks, BMW AG, Hagon Products Ltd, Honda Motor Co., Ltd, Robert Bosch GmbH, Endurance Technologies Limited, TFX Suspension Technology, MH Suspension Ltd
Click Here To View the Report Description & TOC -https://univdatos.com/report/monoshock-suspension-system-market/
Global Monoshock suspension system market Segmentation
Market Insight, by Motorcycle Type
· Standard Motorcycles
· Sports Motorcycles
· Cruiser Motorcycles
· Dirt bikes
· Others
Market Insight, by Sales Channel
· Original Equipment Manufacturers (OEMs)
· Aftermarket
Market Insight, by Region
· North America
o US
o Canada
o Rest of North America
· Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
· Rest of the World
Top Company Profiles
· Öhlins Racing AB
· SKF
· Nitron Racing Shocks
· BMW AG
· Hagon Products Ltd
· Honda Motor Co., Ltd
· Robert Bosch GmbH
· Endurance Technologies Limited
· TFX Suspension Technology
· MH Suspension Ltd
Table of Content:
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 IMPACT OF COVID-19 ON THE MONOSHOCK SUSPENSION SYSTEM MARKET
6 MONOSHOCK SUSPENSION SYSTEM MARKET REVENUE, 2020-2028F
7 MARKET INSIGHTS BY MOTORCYCLE TYPE
8 MARKET INSIGHTS BY SALES CHANNEL
9 MARKET INSIGHTS BY REGION
10 MONOSHOCK SUSPENSION SYSTEM MARKET DYNAMICS
11 MONOSHOCK SUSPENSION SYSTEM MARKET OPPORTUNITIES
12 MONOSHOCK SUSPENSION SYSTEM MARKET TRENDS
13 DEMAND AND SUPPLY-SIDE ANALYSIS
14 VALUE CHAIN ANALYSIS
15 COMPETITIVE SCENARIO
16 COMPANY PROFILED
17 DISCLAIMER
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