Two Wheeler Suspension System Market Size, Share & Industry Analysis, By Product Type (Telescopic Front Suspension and Rear Suspension (Mono Shocks & Dual Shocks)), By Vehicle Type (Scooter, Motorcycle, and Moped), By Propulsion Type (ICE (Upto 150cc, 151cc to 300cc, 300cc - 500cc, & Above 500cc) and Electric) and By Sales Channel (OEM and Aftermarket), and Regional Forecast, 2025-2032

The global two wheeler suspension system market size was valued at USD 4.51 billion in 2024. The market is projected to grow from USD 4.69 billion in 2025 to USD 7.44 billion by 2032, exhibiting a CAGR of 6.8% during the forecast period. Asia Pacific dominated the global market with a share of 62.53% in 2024.

The market refers to the global industry involved in the design, manufacturing, distribution, and sale of suspension systems specifically used in two-wheeled vehicles, such as motorcycles, scooters, and mopeds. These systems are important for improving ride comfort, handling stability, and overall safety by absorbing shocks and vibrations caused by uneven road surfaces.

The market includes original equipment manufacturers (OEMs) and the aftermarket segment, covering both standard mechanical systems and advanced electronic or air-based suspension technologies. Suspension systems in two-wheelers are used in several important applications such as absorbing road shocks, maintaining tire-road contact, improving stability during braking and turning, and enhancing safety and rider comfort.

The market is highly competitive, with several established global players. Leading players invest heavily in R&D to develop advanced suspension technologies, such as electronic and lightweight systems, to meet rising consumer demands for comfort and safety. Key players in the market include Showa Corporation (Japan), KYB Corporation (Japan), and WP Suspension GmbH (Austria).

Two Wheeler Suspension System Market Trends

Adoption of Smart Technologies and Lightweight Materials is Set to Be A Positive Trend for Market Growth

New motorcycles increasingly adopt electronically adjustable suspension systems. These systems allow real-time adjustments based on road conditions and rider preferences, enhancing comfort and handling. For instance, in January 2024, Öhlins' SmartEC3 system offered selectable modes such as sport, track, rain, and manual, enabling riders to tailor suspension performance. This recently made its debut on the 2024 Honda CBR1000RR-R Fireblade SP. This system marks a technological advancement by focusing on dynamic adaptability and optimal performance. To start with hardware, Öhlins has equipped the 2024 CBR1000RR-R Fireblade SP with Öhlins 43 mm S-EC3 (SV) NPX USD fork and TTX36 EC mono-shock.

Manufacturers are increasingly using composites, 3D-printed structures, and lightweight materials to reduce weight and enhance the durability and efficiency of suspension components. This development will drive the two-wheeler suspension system market's growth during the forecast period.

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MARKET DYNAMICS

Market Drivers

Rising Two-Wheeler Sales Globally Propels Market Growth

The rising global sales of two-wheelers, including motorcycles, scooters, and mopeds, is a major growth driver for the two-wheeler suspension system market. This trend directly fuels both the OEM (original equipment manufacturer) and aftermarket demand for suspension components. Countries such as India, Indonesia, Vietnam, and Brazil have a growing population of two-wheeler users driven by affordability and ease of transport. The increasing sales of two-wheelers are directly proportional to the demand for the market.

For instance, in 2024, India's two-wheeler market saw strong growth, reaching a new all-time high with sales exceeding 20.5 million units, a 16.6% increase year-over-year. December saw a particularly strong performance, with sales increasing by 24.8% compared to the previous year. Hero Splendor Plus consistently tops the list of best-selling two-wheelers, with 28,40,595 units sold in 2024. Honda Activa is the leading scooter, selling 23,98,881 units.

Market Restraints

Fluctuation in Raw Material Prices May Hamper the Market Growth

The cost and availability of raw materials directly influence the production, pricing, and profitability of two-wheeler suspension systems. These systems rely heavily on metals, rubber, and composites, many of which are prone to market price fluctuations due to global economic, geopolitical, and supply chain dynamics. When the prices spike (e.g., steel or aluminum), manufacturers face higher input costs. Price fluctuations make it difficult for OEMs to maintain stable production costs, leading to frequent changes in component pricing. Suspension systems, especially in mid- and premium segments, can see price hikes or downgrading of material quality to compensate.

Market Opportunities

Growing Adoption of Electric Two-Wheelers (E2Ws) is Opportunity for Market Growth

The global shift towards electric mobility, supported by government incentives and environmental regulations, is creating new opportunities for specialized suspension systems tailored to electric motorcycles and scooters. Manufacturers that innovate for the unique weight and performance profiles of electric vehicles can gain a competitive edge.

In November 2024, Honda unveiled two electric personal commuter models in India: the ACTIVA e and the QC1. The ACTIVA e: features two swappable Honda Mobile Power Pack e: batteries as its power source, while the QC1 is equipped with a fixed battery. These two models respectively mark the 12th and 13th additions to Honda’s global plan of launching 30 electric vehicles by 2030. Additionally, Honda is expanding its Honda e: Swap battery-sharing service across three major cities in India to support this initiative.

Market Challenges

Supply Chain Disruption & Manufacturing Difficulties May Hamper the Market Growth

Suspension systems often require precision components such as shock absorbers, dampers, and springs, which must be sourced from specialized suppliers. In some regions, the availability of these high-quality components can be inconsistent, leading to delays or cost overruns. The global automotive industry, including two-wheelers (scooters, mopeds & motorcycles), has been affected by supply chain disruptions, including semiconductor shortages, shipping delays, and raw material shortages. These disruptions can slow down the manufacturing of suspension systems and delay delivery to the market. This may hinder the two wheeler suspension system market growth.

Segmentation Analysis

By Product Type

Consumer Demand for Performance, Safety, and Reliability to Favor Demand for Rear Suspension

By product type, the market is segmented into telescopic front suspension and rear suspension.

The rear suspension segment held the largest share and is expected to increase over the forecast period. The two-wheeler market is witnessing an increasing emphasis on performance, agility, and comfort. Consumers are favoring rear suspension systems that enhance ride quality while also improving handling capabilities. In particular, high-performance motorcycles are frequently outfitted with cutting-edge rear suspension technologies, such as mono-shocks. These advancements significantly boost responsiveness during cornering and in high-adrenaline riding situations. This development expected to grow during forecast period.

The telescopic front suspension segment held a significant share of the market. The segmental growth is attributed to the growing demand for motorcycles and scooters. As urban areas become more congested, the appeal of two-wheelers as a convenient mode of transport is increasing. Motorcycles and scooters provide a solution to mobility challenges, encouraging manufacturers to adoption of advanced suspension systems, notably telescopic suspensions, that enhance rider experience.

By Vehicle Type

Rising Motorcycle Sale Led to the Dominance of Motorcycle Segment in 2024

This market can be segmented into scooter, motorcycle and moped, based on vehicle type.

The motorcycle segment dominated the market in 2024. Rising urbanization and the demand for affordable transportation options drive the growth. Nations in Southeast Asia, Africa, and countries of Latin America have encountered a substantial increase in motorcycle usage. Consequently, this trend increased the demand for the suspension system market as manufacturers work to enhance safety and performance through improved products. For instance, In February 2025, The Manila Times announced the motorcycle sales in the Philippines saw an increase in 2024 compared to 2023. The Motorcycle Development Program Participants Association (MDPPA) reported a 7% increase in motorcycle sales for 2024, with 1,682,482 units sold.

The scooter segment held a significant two wheeler suspension system market share, driven by scooters' popularity for urban mobility, ease of use, and affordability. This development drives the market growth.

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By Propulsion Type

High Sales Volume of ICE Powered Motorcycle to Boost ICE Propulsion Type Segment Growth

Based on propulsion type, the market is segmented into ICE and electric.

The ICE is the dominant and rapidly growing segment in the market. This dominance is primarily due to the widespread use and high sales volume of ICE-powered motorcycles and scooters, especially in emerging economies such as China and India, where affordability and fuel efficiency remain key factors driving two-wheeler adoption. The strong demand for low-power, economical motorcycles powered by ICEs drives the market. Additionally, the expansion of OEM production units for ICE two-wheelers further fuels the market growth.

The electric segment is the second-largest segment in the market. This growth is driven by the increasing adoption of electric two-wheelers globally, supported by government subsidies, rising urbanization, and consumer demand for eco-friendly and cost-effective transportation. For instance, In October 2024, TVS announced that the company is planning to launch a new electric two-wheeler in the Indian market. Set to launch by March 2025, the upcoming electric offering from the Indian two-wheeler manufacturer will be the third Electric Vehicle (EV) model in its line-up.

By Sales Channel Type

Rising Vehicle Production, Performance, and Quality Drive the OEM Segment Growth

Based on sales channel type, the market is segmented into OEM and aftermarket.

The OEM is the dominant and rapidly growing segment in the market. This dominance is due to OEMs integrating suspension systems directly during vehicle production, ensuring optimal compatibility, performance, and quality. The presence of numerous OEMs, especially in high-production regions such as Asia Pacific (China, India, etc.), supports a strong demand for suspension systems through this channel. Additionally, OEMs’ focus on incorporating advanced suspension technologies in new motorcycles and scooters, conventional and electric further drives the market growth.

The aftermarket segment is the second-largest segment in the market. This is largely driven by the high demand for replacement, customization, and performance upgrades among two-wheeler owners, especially as many vehicles age and require maintenance or enhancement.

TWO WHEELER SUSPENSION SYSTEM REGIONAL OUTLOOK

The market covers four major regions, mainly Europe, Asia Pacific, North America, and the Rest of the World (Middle East & Africa and Latin America).

Asia Pacific

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In the regional front, the market in the Asia Pacific region was leading with a worth of USD 2.82 billion in 2024. The Asia Pacific region is witnessing a significant growth in the two-wheeler suspension system market, primarily due to the increasing adoption of two-wheelers in emerging economies such as India, China, and Indonesia. Rapid urbanization, increasing population, and the expansion of the middle class are driving a significant rise in demand for personal mobility solutions. For instance, in 2024, Indonesia's two-wheeler market saw a slight increase, with 6.3 million units sold domestically, up from 6.2 million in 2023. Thus, the increasing sales of two wheelers directly proportional to the demand for suspension system market.

Europe

The region held significant market share in the market. The regional growth is driven by the high penetration of motorcycles and scooters in urban areas. The region’s growth is characterized by a strong focus on eco-friendliness and sustainability, which has led manufacturers to develop lightweight and recyclable suspension components.

North America

The North American market is primarily driven by the rising demand for motorcycles in the U.S. and Canada. The growing demand and popularity for adventure and touring on motorcycles, along with increased disposable income, is driving demand for advanced suspension technologies. Consumers are increasingly focused on features that enhance comfort, stability, and performance, which increases the adoption of high-performance suspension systems. This development drives the market growth. The U.S. held a significant market share. The growth is attributed to increasing demand for high performance suspension systems for advanced ride comfort, off-road capabilities, and enhanced vehicle handling is pushing OEMs to adopt innovative suspension technologies.

Rest of The World (Middle East & Africa and Latin America)

The market growth in the rest of the world (Middle East & Africa and Latin America) is attributed to the rising trend of using motorcycles in Brazil and Argentina for both recreation and commuting purposes fuels suspension system demand. Manufacturer focuses on cost-effective suspension solution tailored for value-conscious consumers. Additionally, investments in infrastructure to improve road conditions can enhance the appeal of two-wheelers and drive demand for better suspension systems.

COMPETITIVE LANDSCAPE

Key Industry Players

Continuous Innovation and Development of Cutting-Edge Technologies by Key Market Players to Enhance Performance and Adaptability

Key players in this market include in this market include Showa Corporation (Japan), KYB Corporation (Japan) and WP Suspension GmbH (Austria). Showa Corporation held the largest market share, known for its innovative designs and high-performance products. The company specializes in developing advanced suspension solutions that enhance riding comfort and safety. Showa's focus on research and development has led to the creation of new technologies, including electronically controlled suspension systems that adjust in real-time based on riding conditions.

LIST OF KEY TWO WHEELER SUSPENSION SYSTEM COMPANIES PROFILED

• Marzocchi Moto (Italy)
• Showa Corporation (Japan)
• KYB Corporation (Japan)
• WP Suspension GmbH (Austria)
• BITUBO S.r.l. (Italy)
• Nitron Racing Shocks (U.K.)
• YSS Suspension (Thailand)
• Racetech Suspension (U.S.)
• Progressive Suspension (U.S.)
• Endurance Technologies Ltd. (India)
• Gabriel India Limited (India)
• TechnoFlex Suspension (Canada)

KEY INDUSTRY DEVELOPMENTS

• In February 2025, Gabriel India signed an agreement with TracTive for Advanced Suspension Technology. The agreement grants Gabriel India exclusive rights to manufacture, sell, and distribute TracTive's proprietary suspension adjustment technologies in the Indian market. This collaboration aims to enhance GIL's automotive suspension products through application engineering and localized manufacturing.
• In May 2024, TracTive Suspension signed an agreement with Wunderlich. This collaboration has enabled the creation of Wunderlich Suspension powered by TracTive, which provides high-quality suspension components tailored to various motorcycle brands and models, including but not limited to BMW, Harley-Davidson, Ducati, and Yamaha.
• In October 2023, Yamaha announced that the company has added a fifth Extreme option to their popular Ténére 700 line-up – effectively equipping the USD 10,110 standard model with the advanced long-travel KYB suspension from the USD 11,910.
• In July 2023, BMW introduced a new system, next-generation electronic suspension ‘SAF Next’, and it’s looking increasingly certain to make its debut on the R1300GS. SAF Next is equipped with two completely new features: first, the ability for a shock to alter its spring rate (and take just 0.1 seconds to do so); and second, the ability for a bike to automatically reduce its seat height at low speed to help a rider get their feet down.
• In July 2020, Progressive Suspension announced the launch of a full suspension system designed for the popular XSR700, Yamaha MT-07, and its predecessor, the Yamaha FZ-07. The system consists of two products such as a replacement front fork cartridge kit and a mono shock for the rear, both designed by Progressive Suspension specifically for these motorcycles.

REPORT COVERAGE

The market research report provides a detailed analysis of the market and focuses on crucial aspects such as leading companies, product types, and leading product applications. Besides this, the report offers insights into the market trends and highlights vital industry developments. In addition to the factors above, the report encompasses several factors contributing to the market's growth over recent years.

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Report Scope & Segmentation