REPORT HIGHLIGHT
The global Two Wheeler Suspension System market was valued at USD 16.9 billion in 2019, growing with 13.2% CAGR during the forecast period, 2021-2027.
The increasing preference of people towards using motorcycles over cars is boosting the market growth. Rapid urbanization, and growing per capita income are supporting market growth. It is projected that the two-wheeler market will cross 60.0 million by the end of 2025. This is expected to fuel the growth of two-wheeler suspension systems.
The two-wheeler suspension system market is estimated to witness significant growth in the next few years, The increasing population, and growing traffic congestion issues across the metro cities are mainly influencing consumers towards two-wheelers. The COVID-19 outbreak has significantly impacted the global automotive industry with the disruption in the supply chain. However, as lockdown restrictions are eased down, all the production facilities are getting back to normal. This is projected to positively impact the growth of the two-wheeler suspension system market. In developing countries such as China, and India, there are high traffic congestion problems, thus people are preferring motorcycles over cars. For example, in India, 90.0% of the population uses the road network for passenger traffic.
Furthermore, the rising online or e-commerce sector is expected to increase the focus on transportation services. According to UNCTAD global online sales have increased to USD 25.6 trillion in 2018. The majority of the delivery services use two wheelers to ensure fast delivery of products to consumers. All these factors are increasing the demand for motorcycles which, in turn, is expected to two-wheelers sales across the globe. In addition, growing fuel prices are encouraging manufacturers to offer two-wheelers with high cost-saving measures. The post-pandemic situation is projected to increase the sales of the two-wheeler suspension systems market over the forecast period.
North America and Asia Pacific markets hold the majority of market share in the global market. In the U.S., around 8.0% of people own at least one two-wheeler. The European market is projected to grow at a moderate rate during the forecast period. The European Commission has set safety standards in compliance with two-wheeler manufacturers, which in turn is fueling the market growth. For example, the commission has mandated the installation of an anti-lock braking system (ABS) in two-wheeler manufacturing.
The two-wheeler suspension system market is highly fragmented with the presence of international players. Key players in the market engage in strategic mergers & acquisitions, new product developments and investment in R&D, and distribution networks across the globe. For example, Endurance Technologies has acquired Adler S.p.A. to develop parts such as gears, clutches in vehicle manufacturing.
Key features of the study:
This proposed research study on Two Wheeler Suspension System market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2020-2027), considering 2019 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Two-Wheeler Suspension System market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Two-Wheeler Suspension System market
Impact of COVID-19 on Two-Wheeler Suspension System market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Two-Wheeler Suspension System market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the Two-Wheeler Suspension System market, we have also included competitive landscape and key innovator analysis for the Two-Wheeler Suspension System market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and end-user's attractiveness.
The report offers detailed company profiling featuring major market participants which will help users to understand their financial information and strategic initiatives of players operating in the Two-Wheeler Suspension System market.
In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new product launch, research & development, regional expansion of major participants involved in the Two-Wheeler Suspension System market on global as well as regional level.
The global Two-Wheeler Suspension System market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL TWO WHEELER SUSPENSION SYSTEM MARKET KEY PLAYERS
BMW Group
Showa Corporation
ZF Friedrichshafen AG
KYB Corporation
Endurance Technologies Limited
Gabriel India Limited
WP Suspension GmbH
Nitron Racing Shocks
Marzocchi Motor
BITUBO Srl.
K-Tech Suspension Limited
Progressive Suspension, Inc.
Ohlins Racing
Duro Shox Private Ltd
TFX Suspension Technology
GLOBAL TWO WHEELER SUSPENSION SYSTEM MARKET, BY PRODUCT TYPE
Telescopic Suspension
Spring Loaded Hydraulic Suspension
Others
GLOBAL TWO WHEELER SUSPENSION SYSTEM MARKET, BY APPLICATION
OEMs
Aftermarket
GLOBAL TWO WHEELER SUSPENSION SYSTEM MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Singapore
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Rest of MEA
TABLE OF CONTENT
1. Two-Wheeler Suspension System Market Overview
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Market Snippet by Product Type
- 2.1.2. Market Snippet by Application
- 2.1.3. Market Snippet by Region
- 2.2. Competitive Insights
3. Two-Wheeler Suspension System Key Market Trends
- 3.1. Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Future Trends
4. Two-Wheeler Suspension System Industry Study
- 4.1. Porter's Five Forces Analysis
- 4.2. Marketing Strategy Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Two-Wheeler Suspension System Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Two-Wheeler Suspension System Market Landscape
- 6.1. Market Share Analysis, 2019
- 6.2. Key Innovators Analysis
- 6.3. Breakdown Data, by Key Manufacturer
- 6.3.1. Established Players' Analysis
- 6.3.2. Emerging Players' Analysis
7. Two-Wheeler Suspension System Market - By Product Type
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Product Type, 2020 & 2027 (%)
- 7.2. Telescopic Suspension
- 7.3. Spring Loaded Hydraulic Suspension
- 7.4. Others
8. Two-Wheeler Suspension System Market - By Application
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Application, 2020 & 2027 (%)
- 8.2. OEMs
- 8.3. Aftermarket
9. Two-Wheeler Suspension System Market- By Geography
- 9.1. Introduction
- 9.1.1. Segment Share Analysis, By Geography, 2020 & 2027 (%)
- 9.2. North America
- 9.2.1. Overview
- 9.2.2. Key Manufacturers in North America
- 9.2.3. North America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.2.4. North America Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.2.5. North America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.2.6. U.S.
- 9.2.6.1. Overview
- 9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.2.6.3. U.S. Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.2.6.4. U.S. Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.2.7. Canada
- 9.2.7.1. Overview
- 9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.2.7.3. Canada Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.2.7.4. Canada Market Size and Forecast, By Application, 2016 - 2027, (US$ Million)
- 9.3. Europe
- 9.3.1. Overview
- 9.3.2. Key Manufacturers in Europe
- 9.3.3. Europe Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.3.4. Europe Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.5. Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.3.6. Germany
- 9.3.6.1. Overview
- 9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.6.3. Germany Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.6.4. Germany Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.3.7. Italy
- 9.3.7.1. Overview
- 9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.7.3. Italy Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.7.4. Italy Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.3.8. United Kingdom
- 9.3.8.1. Overview
- 9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.8.3. United Kingdom Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.8.4. United Kingdom Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.3.9. France
- 9.3.9.1. Overview
- 9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.9.3. France Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.9.4. France Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.3.10. Rest of Europe
- 9.3.10.1. Overview
- 9.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.3.10.3. Rest of the Europe Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.3.10.4. Rest of the Europe Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4. Asia Pacific (APAC)
- 9.4.1. Overview
- 9.4.2. Key Manufacturers in Asia Pacific
- 9.4.3. Asia Pacific Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.4.4. Asia Pacific Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.5. Asia Pacific Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4.6. India
- 9.4.6.1. Overview
- 9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.6.3. India Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.6.4. India Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4.7. China
- 9.4.7.1. Overview
- 9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.7.3. China Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.7.4. China Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4.8. Japan
- 9.4.8.1. Overview
- 9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.8.3. Japan Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.8.4. Japan Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4.9. South Korea
- 9.4.9.1. Overview
- 9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.9.3. South Korea Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.9.4. South Korea Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.4.10. Rest of APAC
- 9.4.10.1. Overview
- 9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.4.10.3. Rest of APAC Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.4.10.4. Rest of APAC Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.5. Latin America
- 9.5.1. Overview
- 9.5.2. Key Manufacturers in Latin America
- 9.5.3. Latin America Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.5.4. Latin America Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.5.5. Latin America Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.5.6. Brazil
- 9.5.6.1. Overview
- 9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.6.3. Brazil Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.5.6.4. Brazil Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.5.7. Mexico
- 9.5.7.1. Overview
- 9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.7.3. Mexico Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.5.7.4. Mexico Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.5.8. Argentina
- 9.5.8.1. Overview
- 9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.8.3. Argentina Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.5.8.4. Argentina Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.5.9. Rest of LATAM
- 9.5.9.1. Overview
- 9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.5.9.3. Rest of LATAM Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.5.9.4. Rest of LATAM Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.6. Middle East and Africa
- 9.6.1. Overview
- 9.6.2. Key Manufacturers in Middle East and Africa
- 9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2016 - 2027 (US$ Million)
- 9.6.4. Middle East and Africa Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.6.5. Middle East and Africa Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.6.6. Saudi Arabia
- 9.6.6.1. Overview
- 9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.6.6.3. Saudi Arabia Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.6.6.4. Saudi Arabia Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
- 9.6.7. United Arab Emirates
- 9.6.7.1. Overview
- 9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 - 2027, (US$ Million)
- 9.6.7.3. United Arab Emirates Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Million)
- 9.6.7.4. United Arab Emirates Market Size and Forecast, By Application, 2016 - 2027 (US$ Million)
10. Key Vendor Analysis
- 10.1. Competitive Dashboard
- 10.2. Company Profiles
- 10.2.1. BMW Group
- 10.2.2. Showa Corporation
- 10.2.3. ZF Friedrichshafen AG
- 10.2.4. KYB Corporation
- 10.2.5. Endurance Technologies Limited
- 10.2.6. Gabriel India Limited
- 10.2.7. WP Suspension GmbH
- 10.2.8. Nitron Racing Shocks
- 10.2.9. Marzocchi Motor
- 10.2.10. BITUBO Srl.
- 10.2.11. K-Tech Suspension Limited
- 10.2.12. Progressive Suspension, Inc.
- 10.2.13. Ohlins Racing
- 10.2.14. Duro Shox Private Ltd
- 10.2.15. TFX Suspension Technology
11. 360 Degree AnalystView
12. Appendix
- 12.1. Research Methodology
- 12.2. References
- 12.3. Abbreviations
- 12.4. Disclaimer
- 12.5. Contact Us
List of Tables
- TABLE List of data sources
- TABLE Market drivers; Impact Analysis
- TABLE Market restraints; Impact Analysis
- TABLE Two-Wheeler Suspension System market: Product Types Snapshot (2019)
- TABLE Segment Dashboard; Definition and Scope, by Product Types
- TABLE Global Two-Wheeler Suspension System market, by Product Types 2016-2027 (USD Million)
- TABLE Two-Wheeler Suspension System market: Application Snapshot (2019)
- TABLE Segment Dashboard; Definition and Scope, by Application
- TABLE Global Two-Wheeler Suspension System market, by Application 2016-2027 (USD Million)
- TABLE Two-Wheeler Suspension System market: Regional snapshot (2019)
- TABLE Segment Dashboard; Definition and Scope, by Region
- TABLE Global Two-Wheeler Suspension System market, by Region 2016-2027 (USD Million)
- TABLE North America Two-Wheeler Suspension System market, by Country, 2016-2027 (USD Million)
- TABLE North America Two-Wheeler Suspension System market, by Product Types, 2016-2027 (USD Million)
- TABLE North America Two-Wheeler Suspension System market, by Application, 2016-2027 (USD Million)
- TABLE Europe Two-Wheeler Suspension System market, by Country, 2016-2027 (USD Million)
- TABLE Europe Two-Wheeler Suspension System market, by Product Types, 2016-2027 (USD Million)
- TABLE Europe Two-Wheeler Suspension System market, by Application, 2016-2027 (USD Million)
- TABLE Asia Pacific Two-Wheeler Suspension System market, by Country, 2016-2027 (USD Million)
- TABLE Asia Pacific Two-Wheeler Suspension System market, by Product Types, 2016-2027 (USD Million)
- TABLE Asia Pacific Two-Wheeler Suspension System market, by Application, 2016-2027 (USD Million)
- TABLE Latin America Two-Wheeler Suspension System market, by Country, 2016-2027 (USD Million)
- TABLE Latin America Two-Wheeler Suspension System market, by Product Type, 2016-2027 (USD Million)
- TABLE Latin America Two-Wheeler Suspension System market, by Application, 2016-2027 (USD Million)
- TABLE Middle East and Africa Two-Wheeler Suspension System market, by Country, 2016-2027 (USD Million)
- TABLE Middle East and Africa Two-Wheeler Suspension System market, by Product Type, 2016-2027 (USD Million)
- TABLE Middle East and Africa Two-Wheeler Suspension System market, by Application, 2016-2027 (USD Million)
List of Figures
- FIGURE Two-Wheeler Suspension System market segmentation
- FIGURE Market research methodology
- FIGURE Value chain analysis
- FIGURE Porter's Five Forces Analysis
- FIGURE Market Attractiveness Analysis
- FIGURE COVID-19 Impact Analysis
- FIGURE Pre & Post COVID-19 Impact Comparision Study
- FIGURE Competitive Landscape; Key company market share analysis, 2019
- FIGURE Product Type segment market share analysis, 2020 & 2027
- FIGURE Product Type segment market size forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Application segment market share analysis, 2020 & 2027
- FIGURE Application segment market size forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Regional segment market share analysis, 2020 & 2027
- FIGURE Regional segment market size forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE North America Two-Wheeler Suspension System market share and leading players, 2019
- FIGURE Europe Two-Wheeler Suspension System market share and leading players, 2019
- FIGURE Asia Pacific Two-Wheeler Suspension System market share and leading players, 2019
- FIGURE Latin America Two-Wheeler Suspension System market share and leading players, 2019
- FIGURE Middle East and Africa Two-Wheeler Suspension System market share and leading players, 2019
- FIGURE North America market share analysis by country, 2019
- FIGURE U.S. Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Canada Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Europe Two-Wheeler Suspension System market share analysis by country, 2019
- FIGURE Germany Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Spain Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Italy Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE UK Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE France Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Rest of the Europe Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Asia Pacific Two-Wheeler Suspension System market share analysis by country, 2019
- FIGURE India Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE China Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Japan Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE South Korea Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Singapore Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Rest of APAC Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Latin America Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Latin America Two-Wheeler Suspension System market share analysis by country, 2019
- FIGURE Brazil Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Mexico Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Argentina Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Rest of LATAM Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Middle East and Africa Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE Middle East and Africa Two-Wheeler Suspension System market share analysis by country, 2019
- FIGURE Saudi Arabia Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
- FIGURE United Arab Emirates Two-Wheeler Suspension System market size, forecast and trend analysis, 2016 to 2027 (USD Million)
