PUBLISHER: The Business Research Company | PRODUCT CODE: 1674036
PUBLISHER: The Business Research Company | PRODUCT CODE: 1674036
The two-wheeler shock absorbers consists of a dual shock absorber system linked to the rear and back frame of a motorcycle, aimed at mitigating road bumps. These absorbers serve to dampen and absorb the compression and rebound of springs and suspension, managing excessive spring action to ensure smoother riding.
Different types of two-wheeler shock absorbers include metal springs, hydraulic dashpots, pneumatic cylinders, self-compensating hydraulics, rubber buffers, and collapsing safety shock absorbers. Metal springs, crafted from iron or steel through processes such as cold drawing or heat treating, store mechanical energy when compressed. Various technologies, such as mono suspension and dual suspension, are employed in these shock absorbers. They are distributed through sales channels such as original equipment manufacturers (OEM) and the aftermarket.
The two-wheeler shock absorber market research report is one of a series of new reports from The Business Research Company that provides two-wheeler shock absorber market statistics, including two-wheeler shock absorber industry global market size, regional shares, competitors with a two-wheeler shock absorber market share, detailed two-wheeler shock absorber market segments, market trends and opportunities, and any further data you may need to thrive in the two-wheeler shock absorber industry. This two-wheeler shock absorber market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The two-wheeler shock absorber market size has grown steadily in recent years. It will grow from $3.29 billion in 2024 to $3.43 billion in 2025 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to a rise in disposable income, an increase in government funding to improve vehicle safety, increased demand for motorcycles, and a rise in the number of road accidents in two-wheelers.
The two-wheeler shock absorber market size is expected to see strong growth in the next few years. It will grow to $4.25 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to the growing number of women riders, increasing population, and rising urbanization. Major trends in the forecast period include adjustable mono-suspension shock absorbers, the development of advanced dual-suspension shock absorbers, the use of hydraulic technology in motorcycle suspensions, and innovative products with a focus on improved performance and increased adjustment.
The growing demand for motorcycles is anticipated to drive the expansion of the two-wheeler shock absorber market. Motorcycles are two-wheeled vehicles used primarily for personal transportation. Two-wheeler shock absorbers play a crucial role in controlling the motorcycle's suspension, ensuring a smoother ride by mitigating vibrations and bumps. Consequently, as motorcycle demand rises, so does the need for shock absorbers in the two-wheeler market. For example, in November 2022, Zippia, a US-based career expert specializing in job recruitment, reported that US bicycle sales reached 52 million in 2022, reflecting an approximate 57% increase between 2020 and 2021. Thus, the increasing demand for motorcycles is fueling the growth of the two-wheeler shock absorber market.
An increase in government funding to enhance vehicle safety has driven the growth of the two-wheeler shock absorber market during the historic period. This funding has facilitated the production of advanced two-wheelers with improved safety features, thereby boosting the demand for two-wheeler shock absorbers. For example, according to Gov. UK, a UK-based government agency, the UK government has allocated USD 161.94 million (£150 million) for the CAM sector, available until 2030. This funding is part of a larger investment of USD 4.86 billion (£4.5 billion) aimed at promoting British manufacturing and economic growth. Thus, the increase in government funding for vehicle safety has significantly contributed to the growth of the two-wheeler shock absorber market.
The two-wheeler shock absorber market is experiencing a significant trend with a focus on technological innovations, as major companies strive to introduce cutting-edge products to maintain their market positions. A notable instance is Ohlins Racing AB (Ohlins), a Sweden-based automotive industry company, which, in June 2022, unveiled the TTX22m.2 shock. This product represents an enhanced second iteration of the original TTX22m and features the TTX technology, providing superior bottom-out performance, improved fitting, and easier stroke adjustment. Specifically designed for trail and downhill applications, the TTX22m.2 incorporates a new bump rubber and cup combination, acting as a secondary spring to efficiently load and release energy. This innovative design ensures quick and smooth rider repositioning after experiencing severe compression.
Companies in the two-wheeler shock absorber market are strategically focusing on the development of dual-suspension shock absorbers, augmenting their product portfolios. Dual suspension shock absorbers, utilized in motorcycles and other two-wheeled vehicles, offer cost-effectiveness and ease of manufacturing and maintenance. Touratech, a Germany-based company specializing in adventure bikes and rider equipment, exemplifies this trend. In January 2022, Touratech introduced the E1 series of adventure suspension, encompassing mono shocks, twin shocks, and replacement spring sets for both forks and original shock absorbers. The step-less progressively wound springs in the E1 adventure series combine a sensitive response with high puncture resistance. The foundational components are milled from solid material, and the damper rod, constructed of 16mm thick chrome-molybdenum steel, is generously dimensioned. This strategic emphasis on dual-suspension shock absorbers reflects a commitment to advancing technology within the two-wheeler shock absorber market.
In April 2023, TVS Motor Company, an India-based motorcycle manufacturer, acquired Norton Motorcycle Company for an undisclosed amount. This acquisition was intended to bolster TVS Motor Company's global presence in the premium motorcycle segment by leveraging Norton Motorcycle Company's esteemed brand heritage, engineering expertise, and advanced product portfolio. This move aims to enhance TVS's position in the high-performance bike market. Norton Motorcycle Company, based in the UK, is known for manufacturing two-wheeler shock absorbers.
Major companies operating in the two-wheeler shock absorber market include ZF Friedrichshafen AG, KYB Corporation, Hitachi, Endurance Technologies Limited, Fox Racing Shox, Tenneco Inc, Anand Group, WP Suspension, Chongqing Chuandong Shock Absorber Manufacturing Co., Ltd., Hagon shocksHL Mando Corporation, HL Mando Corporation, Showa Corporation, Marelli Holdings Co., Ltd, Hitachi Astemo Ltd, ThyssenKrupp AG, TFX Suspension Technology, NJB Shocks Ltd, Wilbers Performance Suspension, Nitron Racing Systems Ltd, KONI, Bilstein Suspension Store, Falcon Shock Absorbers Ltd, Alois Kober GmbH, Pervouralsk Auto Parts Factory, Shock Factory, Olle Amortidors S. L, Matris Dampers, Meritor Inc, JRi Shocks, Penske Racing Shocks, Ohlins, Fras-le S.A
Asia-Pacific was the largest region in the two-wheeler shock absorber market in 2024. The regions covered in the two-wheeler shock absorber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the two-wheeler shock absorber market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The two-wheeler shock absorber market consists of sales of plunger suspension, twin-shock absorbers, and single shock absorbers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Two-wheeler Shock Absorber Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on two-wheeler shock absorber market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for two-wheeler shock absorber ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The two-wheeler shock absorber market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.