Motorcycle Accessories Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2026

Published on : Jul-2018 | List of Tables : 38 | List of Figures : 155 | No. of Pages : 170 | Report Code : FACT1057MR | Format : ppt pdf Excel Word

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 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 and 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 and Middle East & Africa.

motorcycle accessories market

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%.

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%.

Fact.MR analyzes the Motorcycle Accessories market in a new publication titled “Motorcycle Accessories Market Global Industry Analysis 2013–2017 and Forecast 2018–2026”. This study provides data for 2018 along with the forecast for the period 2018–2026. The main objective of the report is to identify the dynamics in the market and provide recent updates and insights affecting various segments of the global Motorcycle Accessories market. To provide a better understanding of the market, the report also includes the analysis of drivers, restraints, trends prevalent in all seven regions/countries, namely, North America, Latin America, Europe, SEA & Pacific, China, India and MEA, which are influencing the current market scenario and will affect the future status of the global Motorcycle Accessories market over the forecast period.

Product Type

Two Wheeler Type

Distribution Channel

  • Handle Accessories
    • Handle bars
    • Grips
  • Electrical & Electronics
    • Lighting
    • Horns
  • Frames & Fittings
    • Crash Protection
    • Windshield
    • Foot Pegs
  • Protective Gears
  • Helmets
  • Professional Body wear
  • Bags & Carriage Frames
  • Exhaust Systems
  • Seat Covers
  • Security Systems
  • Conventional
  • Cruiser
  • Sports
  • Off Road
  • Specialized Outlets
  • Independent Outlets
  • Online

Region

 

 

  • North America
  • Latin America
  • Europe
  • SEA & Pacific
  • China
  • India
  • MEA

 

 

To understand and assess market opportunities and trends, the global Motorcycle Accessories market report is categorically split into different sections based on market segmentation – by Product Type, by Motorcycle Type, by Sales Channel and by region. The report starts with the market overview and provides market definition and taxonomy along with value chain, pricing analysis, drivers, restraints and trends in the market. The sections that follow include global Motorcycle Accessories market analysis – by Product Type, by Two Wheeler Type, by Sales Channel and by Region Level Analysis. All the above sections evaluate the market on the basis of various factors affecting the market. Each section discusses the qualitative and quantitative aspects of the global Motorcycle Accessories market. To give a brief idea about revenue opportunities based on Product Type, Two Wheeler Type, Sales Channel and Region segments, the report also provides market value, absolute $ opportunity and total incremental opportunity for each segment over the forecast period (2018-2026).

In the final section of the report, we have provided the global Motorcycle Accessories market structure and a detailed competition landscape with company market share and performance, to provide report audiences with a dashboard view of key players operating in the global market along with their business strategies. This would enable clients to assess strategies deployed by market leaders and help them develop effective strategies accordingly.

Research methodology

For market data analysis, we have considered 2017 as the base year, with market numbers estimated for 2018 and forecast made for 2018–2026. To calculate the market size, the report considers the weighted average price of Motorcycle Accessories, based on Product Type, such as Handle Accessories, Frames & Fittings, Electrical & Electronics, Protective Gears, Bags & Carriage Frames, Seat Covers and Security Systems, across key geographies on a country basis. The forecast assesses the total revenue (US$ Mn) and Volume (‘000 Units) of the global Motorcycle Accessories market. To deduce market value size, the cost of each Product Type has been considered. In order to provide an accurate forecast, we have started by sizing up the current market, which forms the basis of how the global Motorcycle Accessories market is expected to develop in the future. The critical market data, including the base number and segment splits, has been devised through in-depth secondary and primary research. This data is then triangulated on the basis of different verticals, considering both supply side and demand side drivers and other dynamics of the various regional markets, along with primary interviews of manufacturers and industry experts operating in the global Motorcycle Accessories market. The forecast presented in the report evaluates the actual Product Types cost of Motorcycle Accessories and cost by brands in the global Motorcycle Accessories market over the forecast period.

We have also analyzed the different segments of the global Motorcycle Accessories market in terms of basis point share (BPS) to understand individual segments’ relative contribution to market growth. This detailed level of information is important for identifying the various key trends governing the global Motorcycle Accessories market. The report also analyses the global Motorcycle Accessories market based on the absolute dollar opportunity. This is usually overlooked while estimating the market forecast. However, from a sales perspective, it is essential to identify absolute dollar opportunity to identify potential resources in the Motorcycle Accessories market. 

FACT.MR has developed a market attractiveness index to understand the key segments in terms of their performance and growth in the global Motorcycle Accessories market. This market attractiveness index would help clients to identify real market opportunities in the global Motorcycle Accessories market.

Analyst’s Pick

Small and Fragmented Motorcycle Accessories Market:

The final report is a compilation of crucial information fetched through extensive research. The primary and secondary research played a crucial part in gauging the evolving market behavior within the forecast period. The market for Motorcycle Accessories is a dependent on various factors, such as manufacturing industry growth, industrialization, urbanization and population & employment growth rate.

1. Executive Summary
     1.1. Market Overview
     1.2. Market Analysis
     1.3. PMR Analysis and Recommendations
     1.4. Wheel of Fortune

2. Market Introduction
     2.1. Market Definition
     2.2. Market Taxonomy
     2.3. Parent Market Overview

3. Motorcycle Accessories Market Background
     3.1. Porter Analysis
     3.2. Macro-Economic Factors
            3.2.1. North America
            3.2.2. Latin America
            3.2.3. Europe
            3.2.4. South East Asia & Pacific
            3.2.5. China
            3.2.6. India
            3.2.7. Middle East & Africa
     3.3. Cost tear down structure
     3.4. Market Dynamics
            3.4.1. Drivers
            3.4.2. Restraints
            3.4.3. Trends
     3.5. Value Chain Analysis
     3.6. Forecast Factors – Relevance & Impact

4. Global Motorcycle Accessories Market Analysis 2013–2017 and Forecast 2018–2026
     4.1. Market Volume Projections
     4.2. Market Size Projections
            4.2.1. Y-o-Y Projections
            4.2.2. Absolute $ Opportunity Analysis
     4.3. Global Motorcycle Accessories Market Dashboard
     4.4. Global Motorcycle Accessories Market: Peak hours Spent by Average Commuter in Congestion

5. Global Motorcycle Accessories Market Analysis 2013–2017 and Forecast 2018–2026, by Product Type
     5.1. Introduction
            5.1.1. Market Value Share Analysis By Product Type
            5.1.2. Y-o-Y Growth Analysis By Product Type
     5.2. Historical Market Size (US$ Mn) and Volume By Product Type, 2013–2017
     5.3. Market Size (US$ Mn) and Volume Forecast By Product Type, 2018-2026
            5.3.1. Handle Accessories
                     5.3.1.1. Handlebars
                     5.3.1.2. Grips
            5.3.2. Electrical & Electronics
                     5.3.2.1. Lightings
                     5.3.2.2. Horns
            5.3.3. Frames & Fittings
                     5.3.3.1. Crash Protection
                     5.3.3.2. Windshield
                     5.3.3.3. Foot Pegs
            5.3.4. Protective Gears
                     5.3.4.1. Helmets
                     5.3.4.2. Professional Body Wear
            5.3.5. Bags & Carriage Frames
            5.3.6. Exhaust System
            5.3.7. Seat Covers
            5.3.8. Security Systems
     5.4. Attractiveness Analysis By Product Type

6. Global Motorcycle Accessories Market Analysis 2013–2017 and Forecast 2018–2026, By Motorcycle Type
     6.1. Introduction
            6.1.1. Market Value Share Analysis By Motorcycle Type
            6.1.2. Y-o-Y Growth Analysis By Motorcycle Type
     6.2. Historical Market Size (US$ Mn) and Volume By Motorcycle Type, 2013–2017
     6.3. Market Size (US$ Mn) and Volume Forecast By Motorcycle Type, 2018-2026
            6.3.1. Conventional
            6.3.2. Cruiser
            6.3.3. Sports
            6.3.4. Off-road
     6.4. Market Attractiveness Analysis By Motorcycle Type

7. Global Motorcycle Accessories Market Analysis 2013–2017 and Forecast 2018–2026, By Sales Channel
     7.1. Introduction
            7.1.1. Market Value Share Analysis By Sales Channel
            7.1.2. Y-o-Y Growth Analysis By Sales Channel
     7.2. Historical Market Size (US$ Mn) and Volume By Sales Channel, 2013–2017
     7.3. Market Size (US$ Mn) and Volume Forecast By Sales Channel, 2018-2026
            7.3.1. Specialized Outlets
            7.3.2. Independent Outlets
            7.3.3. Online
     7.4. Market Attractiveness Analysis By Sales Channel

8. Global Motorcycle Accessories Market Analysis and Forecast, By Region
     8.1. Introduction
            8.1.1. Market Value Share Analysis By Region
            8.1.2. Y-o-Y Growth Analysis By Region
     8.2. Historical Market Size (US$ Mn) and Volume By Region, 2013–2017
     8.3. Market Size (US$ Mn) and Volume Forecast By Region, 2018-2026
            8.3.1. North America
            8.3.2. Latin America
            8.3.3. Europe
            8.3.4. South East Asia & Pacific
            8.3.5. China
            8.3.6. India
            8.3.7. Middle East and Africa
     8.4. Market Attractiveness Analysis By Region

9. North America Motorcycle Accessories Market Analysis 2013–2017 and Forecast 2018–2026
     9.1. Introduction
     9.2. Pricing Analysis
            9.2.1. By Product Type
     9.3. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
     9.4. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2026
            9.4.1. By Country
                     9.4.1.1. U.S.
                     9.4.1.2. Canada
            9.4.2. By Product Type
            9.4.3. By Motorcycle Type
            9.4.4. By Sales Channel
     9.5. Market Attractiveness Analysis
            9.5.1. By Country
            9.5.2. By Product Type
            9.5.3. By Motorcycle Type
            9.5.4. By Sales Channel

10. Latin America Motorcycle Accessories Market Analysis 2013–2017 and Forecast 2018–2026
     10.1. Introduction
     10.2. Pricing Analysis
            10.2.1. By Product Type
     10.3. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
     10.4. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2026
            10.4.1. By Country
                     10.4.1.1. Brazil
                     10.4.1.2. Mexico
                     10.4.1.3. Rest of Latin America
            10.4.2. By Product Type
            10.4.3. By Motorcycle Type
            10.4.4. By Sales Channel
     10.5. Market Attractiveness Analysis
            10.5.1. By Country
            10.5.2. By Product Type
            10.5.3. By Motorcycle Type
            10.5.4. By Sales Channel

11. Europe Motorcycle Accessories Market Analysis 2013–2017 and Forecast 2018–2026
     11.1. Introduction
     11.2. Pricing Analysis
            11.2.1. By Product Type
     11.3. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
     11.4. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2026
            11.4.1. By Country
                     11.4.1.1. Germany
                     11.4.1.2. France
                     11.4.1.3. U.K.
                     11.4.1.4. Italy
                     11.4.1.5. Spain
                     11.4.1.6. Russia
                     11.4.1.7. Poland
                     11.4.1.8. Rest of Europe
            11.4.2. By Product Type
            11.4.3. By Motorcycle Type
            11.4.4. By Sales Channel
     11.5. Market Attractiveness Analysis
            11.5.1. By Country
            11.5.2. By Product Type
            11.5.3. By Motorcycle Type
            11.5.4. By Sales Channel

12. South East Asia & Other Pacific Motorcycle Accessories Market Analysis 2013–2017 and Forecast 2018–2026
     12.1. Introduction
     12.2. Pricing Analysis
            12.2.1. By Product Type
     12.3. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
     12.4. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2026
            12.4.1. By Country
                     12.4.1.1. ASEAN
                     12.4.1.2. Australia & New Zealand
                     12.4.1.3. South Korea
                     12.4.1.4. Japan
                     12.4.1.5. Rest of SEA & Pacific
            12.4.2. By Product Type
            12.4.3. By Motorcycle Type
            12.4.4. By Sales Channel
     12.5. Market Attractiveness Analysis
            12.5.1. By Country
            12.5.2. By Product Type
            12.5.3. By Motorcycle Type
            12.5.4. By Sales Channel

13. China Motorcycle Accessories Market Analysis 2013–2017 and Forecast 2018–2026
     13.1. Introduction
     13.2. Pricing Analysis
            13.2.1. By Product Type
     13.3. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
     13.4. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2026
            13.4.1. By Product Type
            13.4.2. By Motorcycle Type
            13.4.3. By Sales Channel
     13.5. Market Attractiveness Analysis
            13.5.1. By Product Type
            13.5.2. By Motorcycle Type
            13.5.3. By Sales Channel

14. India Motorcycle Accessories Market Analysis 2013–2017 and Forecast 2018–2026
     14.1. Introduction
     14.2. Pricing Analysis
            14.2.1. By Product Type
     14.3. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
     14.4. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2026
            14.4.1. By Product Type
            14.4.2. By Motorcycle Type
            14.4.3. By Sales Channel
     14.5. Market Attractiveness Analysis
            14.5.1. By Product Type
            14.5.2. By Motorcycle Type
            14.5.3. By Sales Channel

15. Middle East & Africa Motorcycle Accessories Market Analysis 2013–2017 and Forecast 2018–2026
     15.1. Introduction
     15.2. Pricing Analysis
            15.2.1. By Product Type
     15.3. Historical Market Size (US$ Mn) and Volume By Market Segments, 2013–2017
     15.4. Market Size (US$ Mn) and Volume Forecast By Market Segments, 2018-2026
            15.4.1. By Country
                     15.4.1.1. GCC Countries
                     15.4.1.2. Turkey
                     15.4.1.3. South Africa
                     15.4.1.4. Rest of MEA
            15.4.2. By Product Type
            15.4.3. By Motorcycle Type
            15.4.4. By Sales Channel
     15.5. Market Attractiveness Analysis
            15.5.1. By Country
            15.5.2. By Product Type
            15.5.3. By Motorcycle Type
            15.5.4. By Sales Channel

16. Motorcycle Accessories Market Industry Structure
     16.1. Market Analysis by Tier of Companies
            16.1.1. By Large, Medium and Small
     16.2. Market Share Analysis of Top 5-10 Players
     16.3. Market Presence Analysis

17. Competition Analysis
     17.1. Competition Dashboard
     17.2. Competitive Benchmarking
     17.3. Competition Developments (Mergers, Acquisitions and Expansions)
     17.4. Competition Deep dive
            17.4.1. TVS Motor Company
                     17.4.1.1. Overview
                     17.4.1.2. Product Portfolio
                     17.4.1.3. Profitability by Market Segments (Product/Channel/Region)
                     17.4.1.4. Production Footprint
                     17.4.1.5. Sales Footprint
                     17.4.1.6. Channel Footprint
                     17.4.1.7. Gross Margin Benchmarking
                     17.4.1.8. Strategy Overview
            17.4.2. Yamaha Motor Company Ltd.
            17.4.3. Hero Motocorp Ltd.
            17.4.4. Harley-Davidson, Inc.
            17.4.5. VEGA AUTO ACCESSORIES PVT. LTD.
            17.4.6. Omax Auto Ltd
            17.4.7. Studds Accessories Ltd.
            17.4.8. OM Steel Industries
            17.4.9. OSRAM Licth AG
            17.4.10. AGV sports group
            17.4.11. GIVISrl
            17.4.12. Steelbird Hi-Tech India Pvt. Ltd.
            17.4.13. Flying co., LTD.
            17.4.14. YF Protector Co. Ltd.
            17.4.15. Foshan Xinmatuo Motorcycle Parts Industrial Company
            17.4.16. Akrapovi? d.d.
            17.4.17. Alpinestars USA Inc.
            17.4.18. AltRider, LLC
            17.4.19. Barracudamoto s.r.l.
            17.4.20. Cobra USA. Inc.
            17.4.21. EMGO International, Ltd.
            17.4.22. Jiangmen Pengcheng Helmets Ltd.
            17.4.23. Motorsport Aftermarket Group
            17.4.24. RIVCO Products, Inc.
            17.4.25. Rizoma srl
            17.4.26. Scorpion Sports, Inc.

18. Appendix

19. Assumption & Acronyms

20. Research Methodology

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Motorcycle Accessories Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2026