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The global Motorcycle Parts market size was valued at US$ 67.23 billion in 2024 and is projected to reach US$ 89.56 billion by 2030, at a CAGR of 4.9% during the forecast period 2024-2030.
The United States Motorcycle Parts market size was valued at US$ 8.45 billion in 2024 and is projected to US$ 10.87 billion by 2030, at a CAGR of 4.3% during the forecast period 2024-2030.
Motorcycle Parts encompass all components and accessories used in the construction, maintenance, and customization of motorcycles, including engines, transmissions, brakes, suspension systems, and body parts.
The global Motorcycle Parts market is experiencing moderate growth, driven by increasing motorcycle sales in developing countries, the growing popularity of recreational motorcycling in developed markets, and the rise of electric motorcycles. In 2024, total sales volume reached 750 million units, with engine components accounting for 30% of market value. The electric motorcycle parts segment is the fastest-growing at 15% annually, albeit from a smaller base. Key trends include a 20% increase in demand for lightweight, high-performance materials like carbon fiber and titanium in 2024, particularly in the sports and racing segments. OEM parts dominate with a 65% market share, but the aftermarket segment is growing at 5.5% annually, driven by customization trends and the aging of the global motorcycle fleet. Asia Pacific leads with a 60% market share, fueled by high motorcycle ownership rates in countries like India and Indonesia, while Europe is the fastest-growing region at 5.5% CAGR, driven by the premium and electric motorcycle segments. The industry is focusing on developing advanced electronic components for improved safety and performance, with a 35% increase in R&D investments for ABS systems, traction control, and ride-by-wire technologies. There's also a significant trend towards the adoption of IoT and connected technologies in motorcycles, with a 50% year-over-year increase in the integration of telematics and smartphone connectivity features in new models.
Report Overview
A motorcycle, often called a bike, motorbike, or cycle, is a two- or three-wheeled motor vehicle.
This report provides a deep insight into the global Motorcycle Parts market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Motorcycle Parts Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Motorcycle Parts market in any manner.
Global Motorcycle Parts Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Market Segmentation (by Type)
Market Segmentation (by Application)
Geographic Segmentation
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