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The total value of this market was $9.7 billion dollars in the year 2022. It is predicted to increase at a CAGR of 2.10% between 2023 and 2030, rising to US$ 12.0 Bn by 2030's end.
In recent years, consumers have seen their purchasing power significantly grow as a result of the global economic recovery. As a result, many sectors saw a boost in demand for their goods and services, and the automotive industry was no exception. While the automobile industry as a whole has seen fluctuating sales, the motorcycle industry has maintained consistently strong growth, especially in promising emerging regions. When the worldwide motorcycle market expanded, so did the demand for parts and accessories for motorcycles.
Motorcycle accessories are the parts and equipment chosen by the rider to improve the bike's functionality, handling, and aesthetics. Crash bars, protection gear, coverings and mirrors are all examples of motorcycle accessories. In addition, the introduction of new BS IV engines and rigorous laws surrounding emission of harmful gases would boost sales of traditional motorcycles and immediately increase the need for motorcycle accessories.
Accessories for motorbikes are extra parts and features that can improve the bikes in many ways. Riders can tailor their bikes to their individual tastes and preferences with the help of a wide range of aftermarket components. Accessories on motorcycles range from technological gadgets to towing devices and more, all of which serve to improve the riding experience. The rising popularity of online shopping and the increasing demand for fast, reliable last-mile delivery services are expected to fuel the rise of the motorbike accessories market in the coming years.
The market for motorcycle accessories is a thriving and expanding industry that meets the requirements and wants of motorcyclists all over the world. Motorcycle accessories cover a wide variety of add-ons that improve bikes' functionality, looks, and riders' comfort and safety. There is a wide range of products available in this sector to satisfy the needs of motorcyclists, from the basics like helmets and gloves to the more advanced, customizable alternatives available through aftermarket components and accessories.
Sales of conventional motorcycles and the demand for Motorcycle accessories will rise in tandem as a result of strict laws surrounding the emission of harmful gases, reduction programmes imposed by various governments throughout the world, and the launch of new BS-IV engines. Consumers in regions like Europe and North America, where disposable income is relatively high, are increasingly engaging in hobbies like motorcycle racing, bike stunting, and off-roading, driving up demand for motorcycles and motorcycle parts.
The expansion of the motorcycle accessories industry can largely be ascribed to this phenomenon. Governments in some countries in the Asia-Pacific region, such as China, incidentally one of the biggest markets for motorcycles, are aggressively promoting electric bikes for transportation, which could seriously slow the growth of the conventional motorcycles market due to rising tailpipe emissions and pollution from conventional vehicles.
Report Coverage
Global Motorcycle Accessories research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Motorcycle Accessories report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Motorcycle Accessories competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Motorcycle Accessories market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Motorcycle Accessories market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Motorcycle Accessories market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Alpinestars USA Inc., Arai Helmet Europe BV, Bayerische Motoren Werke AG, Caberg Spa, Dainese Spa, FLY Racing, FOX HEAD Inc., Garmin Ltd., Harley Davidson Inc., Leatt Corp., MT HELMETS, Nolangroup Spa, PLANET KNOX Ltd., Schuberth GmbH, SCOTT Sports SA, Sena Technologies Inc., SHOEI Co. Ltd., Shot Race Gear USA, SULLIVANS Inc., and Vista Outdoor Inc.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Motorcycle Accessories market based on the below-mentioned segments:
Global Motorcycle Accessories Market, By Accessory Type
Batteries
Battery Chargers
Frames & Fittings
Repair Tool Kits
Bike Covers
Lightings
Protective Gear
Bags & Luggage
Others
Global Motorcycle Accessories market, By Motorcycle Type
Sport Bikes
Cruisers
Touring Bikes
Off-road and Dual Sport Bikes
Scooters and Mopeds
Others
Global Motorcycle Accessories Market, By Usage Frequency
Daily Riders
Weekend Riders
Occasional Riders
Global Motorcycle Accessories market, Regional Analysis
In recent years, consumers have seen their purchasing power significantly grow as a result of the global economic recovery. As a result, many sectors saw a boost in demand for their goods and services, and the automotive industry was no exception. While the automobile industry as a whole has seen fluctuating sales, the motorcycle industry has maintained consistently strong growth, especially in promising emerging regions. When the worldwide motorcycle market expanded, so did the demand for parts and accessories for motorcycles.
Motorcycle accessories are the parts and equipment chosen by the rider to improve the bike's functionality, handling, and aesthetics. Crash bars, protection gear, coverings and mirrors are all examples of motorcycle accessories. In addition, the introduction of new BS IV engines and rigorous laws surrounding emission of harmful gases would boost sales of traditional motorcycles and immediately increase the need for motorcycle accessories.
Accessories for motorbikes are extra parts and features that can improve the bikes in many ways. Riders can tailor their bikes to their individual tastes and preferences with the help of a wide range of aftermarket components. Accessories on motorcycles range from technological gadgets to towing devices and more, all of which serve to improve the riding experience. The rising popularity of online shopping and the increasing demand for fast, reliable last-mile delivery services are expected to fuel the rise of the motorbike accessories market in the coming years.
The market for motorcycle accessories is a thriving and expanding industry that meets the requirements and wants of motorcyclists all over the world. Motorcycle accessories cover a wide variety of add-ons that improve bikes' functionality, looks, and riders' comfort and safety. There is a wide range of products available in this sector to satisfy the needs of motorcyclists, from the basics like helmets and gloves to the more advanced, customizable alternatives available through aftermarket components and accessories.
Sales of conventional motorcycles and the demand for Motorcycle accessories will rise in tandem as a result of strict laws surrounding the emission of harmful gases, reduction programmes imposed by various governments throughout the world, and the launch of new BS-IV engines. Consumers in regions like Europe and North America, where disposable income is relatively high, are increasingly engaging in hobbies like motorcycle racing, bike stunting, and off-roading, driving up demand for motorcycles and motorcycle parts.
The expansion of the motorcycle accessories industry can largely be ascribed to this phenomenon. Governments in some countries in the Asia-Pacific region, such as China, incidentally one of the biggest markets for motorcycles, are aggressively promoting electric bikes for transportation, which could seriously slow the growth of the conventional motorcycles market due to rising tailpipe emissions and pollution from conventional vehicles.
Report Coverage
Global Motorcycle Accessories research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Motorcycle Accessories report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Motorcycle Accessories competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Motorcycle Accessories market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Alpinestars USA Inc., Arai Helmet Europe BV, Bayerische Motoren Werke AG, Caberg Spa, Dainese Spa, FLY Racing, FOX HEAD Inc., Garmin Ltd., Harley Davidson Inc., Leatt Corp., MT HELMETS, Nolangroup Spa, PLANET KNOX Ltd., Schuberth GmbH, SCOTT Sports SA, Sena Technologies Inc., SHOEI Co. Ltd., Shot Race Gear USA, SULLIVANS Inc., and Vista Outdoor Inc. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Motorcycle Accessories Market from 2021 to 2030.
- Market Forecast for Motorcycle Accessories Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Motorcycle Accessories competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Motorcycle Accessories
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Motorcycle Accessories market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Motorcycle Accessories market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Alpinestars USA Inc., Arai Helmet Europe BV, Bayerische Motoren Werke AG, Caberg Spa, Dainese Spa, FLY Racing, FOX HEAD Inc., Garmin Ltd., Harley Davidson Inc., Leatt Corp., MT HELMETS, Nolangroup Spa, PLANET KNOX Ltd., Schuberth GmbH, SCOTT Sports SA, Sena Technologies Inc., SHOEI Co. Ltd., Shot Race Gear USA, SULLIVANS Inc., and Vista Outdoor Inc.
Primary Target Market
- Market Players of Motorcycle Accessories
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Motorcycle Accessories market based on the below-mentioned segments:
Global Motorcycle Accessories Market, By Accessory Type
Batteries
Battery Chargers
Frames & Fittings
Repair Tool Kits
Bike Covers
Lightings
Protective Gear
Bags & Luggage
Others
Global Motorcycle Accessories market, By Motorcycle Type
Sport Bikes
Cruisers
Touring Bikes
Off-road and Dual Sport Bikes
Scooters and Mopeds
Others
Global Motorcycle Accessories Market, By Usage Frequency
Daily Riders
Weekend Riders
Occasional Riders
Global Motorcycle Accessories market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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