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Motorcycle Accessories Market is Expected To Generate Huge Profits by 2026

Press Release   •   Feb 07, 2017 00:01 EST

Growth in global motorcycle market ascertained the growth of allied industries such as motorcycle component and accessories. Motorcycle accessories, apart from increasing aesthetic appeal, also ensure better performance, safety and security. Global motorcycle accessories market is projected to register a CAGR higher than 5% by 2020 and decline a bit on long term projections till 2026. A variation in CAGR is evident across geographies and clusters, subjected to penetration of products launched by established motorcycle accessories suppliers and cyclicity of product launched by local and regional player in respective geography.

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Motorcycle Accessories Market: Segmentation

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

  • Protective Gear
  • Frames and Fittings
  • Lighting
    • Headlights
    • Flashers
  • Bags & Luggage
  • Batteries
  • Others

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

  • Standard
  • Cruiser
  • Sport bikes
  • Touring
  • Dual-purpose
  • Scooters, mopeds

On the basis of distributional channel, the global motorcycle accessories market is segmented into,

  • Multi brand Retail
    • Organized Retail Outlet
    • Independent Outlets
  • Single Brand Retail
  • e-Retail

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

  • Original Equipment Market (OEM)
  • Aftermarket

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

  • North America
  • Latin America
  • West Europe
  • Eastern Europe
  • Middle East & Africa
  • Asia Pacific excluding Japan
  • Japan

Motorcycle Accessories Market: Region-wise outlook

By region wise, the global motorcycle accessories market has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan. The global motorcycle accessories market is expected to register healthy CAGR during the forecast period. Asia pacific is expected to dominate motorcycle accessories market throughout the forecast period. Significant presence of accessories along with substantial rise in overall consumer spending is expected to drive the demand for motorcycle accessories market in the region. Next, North America and Europe are expected to create substantial demand for motorcycle accessories market. In Latin America and Middle East & Africa is expected to grow at a subdued rate owing to low consumer spending.

Motorcycle Accessories Market: Key Players

Some of the Key players operating into the global motorcycle accessories market are Akropovic, Bajaj Auto Limited, Suzuki, Honda Motor Company Limited, KTM Company, Loncin Motorcycle, Ducati Motor Holding S.p.A, Hero Motocorp Limited, Chongqing Lifan Industry (Group) Company Limited.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

The Report covers exhaust Analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends /Issues/Challenges
  • Competition & Companies involved
  • Technology

Regional Analysis includes:

  • North America (U.S, Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East & Africa (GCC, South Africa, North Africa)

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  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
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