Bicycle Suspension System Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Bicycle Suspension System Market
Bicycle Suspension System Market Size and Growth
The global Bicycle Suspension System market is projected to grow at a steady rate due to the increasing demand for comfortable and efficient cycling experiences. The market size is expected to reach USD 3.5 billion by 2025, driven by advancements in technology and consumer preference for highperformance bicycles.
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Companies Covered (Covid 19 Impact Covered)
◍ Fox Factory
◍ SRAM
◍ Dah Ken Industrial(RST Suspension)
◍ Hayes Performance Systems
◍ SR Suntour
◍ Manitou
◍ Ohlins
◍ Marzocchi
◍ RockShox
◍ X Fusion Shox
◍ SR SUNTOUR
◍ Magura
◍ Cannondale
◍ Specialized
The bicycle suspension system market is highly competitive with key players such as Fox Factory, SRAM, RST Suspension, Hayes Performance Systems, SR Suntour, Manitou, Ohlins, Marzocchi, RockShox, X Fusion Shox, Magura, Cannondale, and Specialized. These companies offer a variety of suspension systems to cater to different rider needs, helping to grow the market by providing innovative and high-quality products.
- Fox Factory reported sales revenue of $827.8 million in 2020.
- SRAM reported sales revenue of $792 million in 2020.
- SR Suntour reported sales revenue of $550 million in 2020.
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Market Segmentation
By Application
◍ Mountain Bikes
◍ Hybrid Bicycles
By Product
◍ Hardtail Suspension
◍ Full Suspension
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Market Growth
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$ X Billion USD
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