This site uses cookies, including third-party cookies, that help us to provide and improve our services. Read More

Motorcycle Accessories Market

Motorcycle Accessories Market

Rising Modification Trend in Motorcycle Industry and Need for Safety Products to Spur the Motorcycle Accessories Market Growth

Motorcycle Accessories Market
FACT1057MR
  • Jul-2018
  • List of Tables : 38
  • List of Figures : 155
  • 170 Pages
  • Automotive

Introduction

Motorcycle accessories are the products or add-ons that are selected by the rider to enhance safety, comfort, and performance.

Motorcycle accessories includes crash guard, protective gears, covers and others things that adds value to the Motorcycle

The global Motorcycle accessories market is estimated to be valued at US$ 7,160.8 Mn by 2018 end and is expected to reach US$ 11,024.7 Mn by the end of 2026 while expanding at a CAGR of 5.5% over the forecast period.

The global Motorcycle accessories market is anticipated to represent incremental opportunity of US$ 3,863.9 Mn between 2018 and 2026.

Factors influencing the Global Motorcycle accessories market

Stringent regulations regarding emission of toxic gases, reduction initiatives mandated by various governments across the globe and introduction of new BS IV engines will enhance the sales of conventional motorcycles and directly propel the demand for Motorcycle accessories.

High disposable personal income in regions, such as Europe & North America, has led to consumers venturing more into leisure activities that revolve around conventional motorcycles and scooters, such as racing, bike stunts and off-road activities, which in turn, has increased the demand for motorcycles as well as its aftermarket accessories.

This is attributed to be the main factor driving the growth of the motorcycle accessories market.

Owing to growth in tailpipe emission and pollution by conventional vehicles, governments of some countries in Asia Pacific region, such as China, incidentally one of the biggest markets for motorcycles, is aggressively promoting electric bikes for transportation, which can seriously stagnate the growth of conventional motorcycles market.

Moreover, low cost, energy efficiency, emission free systems and no license & registration requirements are some of the factors that will positively affect the popularity of electric motorcycles, which in turn, could hamper the sales of conventional motorcycles.

Global Motorcycle accessories market analysis, by Product Type

The Protective Gears segment is projected to account for 17.1% volume share in the global Motorcycle accessories market by 2026 end while growing at a CAGR of 5.4% over the forecast period.

Global Motorcycle accessories market analysis, by Motorcycle type

By Motorcycle type segment, the conventional segment followed by Cruiser segment is projected to dominate the global Motorcycle accessories market in 2018.

The cruiser bike segment is forecast to account for 7.0% market value share by the end of 2026.

Global Motorcycle accessories market analysis, by Sales channel

The Independent Outlets segment is estimated to dominate the global Motorcycle accessories market with a market value share of 59.9% by 2026 end. The segment will expand at a CAGR of 4.4%.

Avail customized purchase options for your needs

Global Motorcycle accessories market analysis, by Region

From a regional perspective, South East Asia & Pacific is estimated to represent 20.3% of the market volume share in 2018.

The market is expected to increase at a volume CAGR of 4.7%, in terms of volume, over the forecast period.

Sales revenue of Motorcycle accessories in Latin America is expected to reach US$ 603.1 Mn by the end of 2026 while increasing at a CAGR of 5.3% over the forecast period.

Market growth in India is expected to remain high as compared to the global average between 2018 and 2026 and increase at a CAGR of 6.1%.

Global Motorcycle accessories market segmentation and forecast

The global Motorcycle accessories market is segmented on the basis of product type, motorcycle type, sales channel and region.

On the basis of product type, the global motorcycle accessories market is segmented into

  • Handle Accessories
  • Frames & Fittings
  • Electrical & Electronics
  • Protective Gears
  • Bags & Carriage Frames
  • Seat Covers and Security Systems.

Based on Motorcycle type, the market is segmented into

  • Conventional
  • Cruiser
  • Sports
  • Sports
  • Off-road.

On the basis of sales channel, the market is segmented on the basis of Specialized Outlets, Independent Outlets and Online. 

Significant regions covered in the report include

  • North America
  • Latin America
  • Europe
  • SEA & Pacific
  • China
  • India
  • Middle East & Africa.

motorcycle accessories market

Need an Exclusive Report for your Unique Requirement?

- Related Reports -

Transmission Housing Demand Market

The transmission housing demand market is poised to grow at a CAGR of 4% to 6% during 2021-2031. The...

Marine Sensors Market

Marine Sensors Market expects stable growth by 2029. Rising shipbuilding & repair industry anticipat...

Automotive Bellows Market

Automotive Bellows Market expects strong growth during 2018-2028. Rising traction towards air spring...

Aircraft Anchoring System Market

Aircraft Anchoring System Market research report covers detailed information on Global Aircraft Anch...

- Our Clients -

Report Client

- Evaluate How Fact.MR's Report Can Help. -

Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.