Global Front forks Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Front forks are part of structure of motorbike which connects front wheel with rest of frame of bike. Forks also features mounting for breaks and suspension systems. These forks are largely available in three types such as Telescopic front forks, Cantilever front forks, and Inverted cantilever front forks among others. Growing adoption of motorcycles and increasing application of front forks in different types of bikes like scooter, mopeds, and cruiser etc. are driving the growth of Front Forks Market. For instance, according to Statista - In 2020, the revenue of the global motorcycle industry was estimated at USD 117 billion is estimated to grow to around USD 160 billion by 2025. Moreover, rising partnership activities for development of E-bikes are driving the demand for front forks. For instance, in December 2021, Harley-Davidson entered into a partnership with Taiwanese manufacturer Kwang Yang Motor Co Ltd (KYMCO) to develop electric motorcycles. Under this partnership KYMCO agreed to invest USD 100 million into Harley-Davidson's electric motorcycle division LiveWire, and AEA-Bridges Impact Corp (ABIC). Also, growing traffic congestion in developing countries and increasing consumer inclination towards two wheelers are likely to offer lucrative growth opportunities for Front Forks Market in the forecasted period. However, Low penetration of high end two wheelers in emerging markets and volatile cost of raw materials impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Front Forks Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing penetration of electric bikes and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing trend of motorcycle tours, and presence of the leading market players in the region, would create lucrative growth prospects for the Front Forks Market across the Asia Pacific region.
Major market players included in this report are:
KYB Corporation
Anand Group
Endurance Technologies Limited
Showa Corporation
Dah Ken Industry Co., Ltd.
Ohlins Racing
Ab Skf
Marzocchi Moto
Mahle Gmbh
Tfx Suspension Technology
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Telescopic front forks
Cantilever front forks
Inverted cantilever front forks
By Operation Type:
Twin tube front forks
Mono tube front forks
By Vehicle Type:
Motorcycles
Cruiser
Sports
Scooter
Mopeds
Others
Three wheelers
By Sales Channel:
OEM
Aftermarket
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Front forks Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Front Forks Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Front Forks Market, by Product Type, 2020-2028 (USD Million)
- 1.2.3. Global Front Forks Market, by Operation Type, 2020-2028 (USD Million)
- 1.2.4. Global Front Forks Market, by Vehicle Type, 2020-2028 (USD Million)
- 1.2.5. Global Front Forks Market, by Sales Channel, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Front Forks Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Front Forks Market Dynamics
- 3.1. Front Forks Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing demand for motorcycles.
- 3.1.1.2. Increasing application of front Forks.
- 3.1.2. Market Challenges
- 3.1.2.1. Low penetration of high end two wheelers in emerging Markets
- 3.1.2.2. Volatile cost of raw materials
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising traffic congestion in developing countries.
- 3.1.3.2. Increasing consumer inclination towards motorbikes.
Chapter 4. Global Front Forks Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Front Forks Market, by Product Type
- 6.1. Market Snapshot
- 6.2. Global Front Forks Market by Product Type, Performance - Potential Analysis
- 6.3. Global Front Forks Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)
- 6.4. Front Forks Market, Sub Segment Analysis
- 6.4.1. Telescopic front Forks
- 6.4.2. Cantilever front Forks
- 6.4.3. Inverted cantilever front Forks
Chapter 7. Global Front Forks Market, by Operation Type
- 7.1. Market Snapshot
- 7.2. Global Front Forks Market by Operation Type, Performance - Potential Analysis
- 7.3. Global Front Forks Market Estimates & Forecasts by Operation Type 2018-2028 (USD Million)
- 7.4. Front Forks Market, Sub Segment Analysis
- 7.4.1. Twin tube front Forks
- 7.4.2. Mono tube front Forks
Chapter 8. Global Front Forks Market, by Vehicle Type
- 8.1. Market Snapshot
- 8.2. Global Front Forks Market by Vehicle Type, Performance - Potential Analysis
- 8.3. Global Front Forks Market Estimates & Forecasts by Vehicle Type 2018-2028 (USD Million)
- 8.4. Front Forks Market, Sub Segment Analysis
- 8.4.1. Motorcycles
- 8.4.2. Cruiser
- 8.4.3. Sports
- 8.4.4. Scooter
- 8.4.5. Mopeds
- 8.4.6. Others
- 8.4.7. Three wheelers
Chapter 9. Global Front Forks Market, by Sales Channel
- 9.1. Market Snapshot
- 9.2. Global Front Forks Market by Sales Channel, Performance - Potential Analysis
- 9.3. Global Front Forks Market Estimates & Forecasts by Sales Channel 2018-2028 (USD Million)
- 9.4. Front Forks Market, Sub Segment Analysis
- 9.4.1. OEM
- 9.4.2. AfterMarket
- 9.4.3. Online
- 9.4.4. Offline
Chapter 10. Global Front Forks Market, Regional Analysis
- 10.1. Front Forks Market, Regional Market Snapshot
- 10.2. North America Front Forks Market
- 10.2.1. U.S. Front Forks Market
- 10.2.1.1. Product Type estimates & forecasts, 2018-2028
- 10.2.1.2. Operation Type estimates & forecasts, 2018-2028
- 10.2.1.3. Vehicle Type estimates & forecasts, 2018-2028
- 10.2.1.4. Sales Channel estimates & forecasts, 2018-2028
- 10.2.2. Canada Front Forks Market
- 10.3. Europe Front Forks Market Snapshot
- 10.3.1. U.K. Front Forks Market
- 10.3.2. Germany Front Forks Market
- 10.3.3. France Front Forks Market
- 10.3.4. Spain Front Forks Market
- 10.3.5. Italy Front Forks Market
- 10.3.6. Rest of Europe Front Forks Market
- 10.4. Asia-Pacific Front Forks Market Snapshot
- 10.4.1. China Front Forks Market
- 10.4.2. India Front Forks Market
- 10.4.3. Japan Front Forks Market
- 10.4.4. Australia Front Forks Market
- 10.4.5. South Korea Front Forks Market
- 10.4.6. Rest of Asia Pacific Front Forks Market
- 10.5. Latin America Front Forks Market Snapshot
- 10.5.1. Brazil Front Forks Market
- 10.5.2. Mexico Front Forks Market
- 10.6. Rest of The World Front Forks Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. KYB Corporation
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Anand Group
- 11.2.3. Endurance Technologies Limited
- 11.2.4. Showa Corporation
- 11.2.5. Dah Ken Industry Co., Ltd.
- 11.2.6. Ohlins Racing
- 11.2.7. Ab Skf
- 11.2.8. Marzocchi Moto
- 11.2.9. Mahle Gmbh
- 11.2.10. Tfx Suspension Technology
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption