WILMINGTON, DE / ACCESSWIRE / September 15, 2022 / Transparency Market Research Inc. - In 2021, the value of global two-wheeler shock absorber market was clocked at US$ 3.1 Bn. The global market is anticipated to develop at 4.1% CAGR during the forecast period, from 2022 to 2031.The global two-wheeler shock absorber market is estimated to touch value of US$ 4.6 Bn 2031. Stringent safety laws for two-wheelers, growing popularity of luxury and sports motorbikes, as well as increasing government support are likely to propel the market. Additionally, it is anticipated that improving vehicle safety and growing public exposure to electric two-wheelers will spur global two-wheeler production and sales. This factor is expected to raise demand for shock absorber of two wheeler suppliers.

Global demand for two-wheeler shock absorbers is being driven by a rise in parts manufacturers' investments in the production of semi-active and active suspension systems. In order to increase the longevity of automotive shock absorbers as well as other parts, two wheeler shock absorber manufacturers and suppliers are concentrating on developing novel and cutting-edge options for two-wheeler components. This is done by using lightweight yet durable materials, such as carbon composites.

The advent of sophisticated semi-active and active two-wheeler suspension systems is also projected to have a positive impact on the market for two-wheeler shock absorbers. These systems improve rider safety and comfort. For instance, collection of linear electromagnetic motor, a power amplifier, and a control algorithm are all included in the Bose suspension system. When used together, control hardware and software offer greater comfort and safety for two-wheeler riders.

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Key Findings of Market Report

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Global Two-wheeler Shock Absorber Market: Growth Drivers

Global Two-wheeler Shock Absorber Market: Key Players

Some of the key market players are

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Global Two-wheeler Shock Absorber Market: Segmentation

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