Motorcycle Accessories Market Size - By Product Type (Safety Gear, Protective Gear, Performance Parts, Electronic Accessories, Apparel and Merchandise, Maintenance and Care Products, Comfort and Convenience), Motorcycle Type, Sales Channel & Forecast 2024 - 2032

Motorcycle Accessories Market Size

Motorcycle Accessories Market was valued at USD 16.5 billion in 2023 and is estimated to register at a CAGR of over 5% from 2024 to 2032, attributed to the increased demand for motorcycle. As the number of motorcycle owners increases, the demand for accessories also grows. More motorcyclists tend to invest in accessories to personalize and enhance the performance of their bikes. The overall growth in motorcycle ownership contributes significantly to the expansion of the accessories market.
 

Technological innovations in motorcycle accessories, such as advanced communication systems, GPS navigation, and smart helmets, will strengthen market outlook. In June 2023, SW-Motech introduced a lineup of accessories designed to enhance luggage motorcycle type and provide added protection for the 2023 Honda Hornet. This new range of accessories from SW-Motech specifically caters to the Honda CB750 Hornet, focusing on both expanding the bike's carrying capabilities and augmenting its protective features. Riders are increasingly seeking high-tech accessories that enhance safety, convenience, and overall riding experience. Integration with smartphone applications and connectivity features also contribute to the appeal of modern motorcycle accessories.
 

Riders are increasingly seeking high-tech accessories that enhance safety, convenience, and overall riding experience. Integration with smartphone applications and connectivity features also contribute to the appeal of modern motorcycle accessories. However, economic fluctuations and uncertainties can impact consumer spending patterns. During periods of economic downturns, individuals may prioritize essential purchases over discretionary items like motorcycle accessories. Reduced disposable income and cautious consumer behavior can restrain the overall growth of the motorcycle accessories market.
 

COVID-19 Impact

The COVID-19 pandemic significantly impacted the motorcycle accessories industry as lockdowns, supply chain disruptions, and economic uncertainties led to a decline in consumer spending. With reduced motorcycle-related activities and restrictions on movement, demand for accessories dwindled. Manufacturing and distribution challenges further exacerbated the situation, hindering the industry's growth. As the world navigated through the pandemic, the motorcycle accessories industry faced setbacks, emphasizing the susceptibility of the industry to global crises and disruptions.
 

Motorcycle Accessories Market Trends

The increasing integration of technology in motorcycles, the demand for smart and connected accessories is likely to rise. This could include accessories with Bluetooth connectivity, GPS navigation, and other tech features that enhance the overall riding experience.
 

For an instance, in August 2022, A startup based in Delhi unveiled a revolutionary air-purifying motorcycle helmet designed to enhance the respiratory experience for 2-wheeler riders. Developed by Shellios Technolabs, the helmet, named PUROS, features an integrated air purification system. This system incorporates patented innovations, including an H13-grade HEPA filter (EN 1822), a Brushless DC (BLDC) blower fan, a microUSB charging port for the Li-ion battery housed within the helmet, and an electronic circuit. The purification mechanism, positioned at the rear of the helmet, effectively filters and purifies the incoming air, offering riders a cleaner breathing environment. Additionally, the helmet is equipped with a Bluetooth-enabled app to notify users when cleaning is required.
 

Motorcycle Accessories Market Analysis

The conventional segment will generate a high revenue in 2023. The adoption of conventional motorcycle accessories is driven by a combination of functional and aesthetic factors. Riders seek accessories to enhance the performance, comfort, and style of their motorcycles. Practical additions such as luggage solutions, protective gear, and navigation systems cater to riders' functional needs, while customization options, decorative elements, and comfort features appeal to the desire for personalization and aesthetics. Additionally, the motorcycle culture, including group rides, events, and social trends, contributes to the widespread adoption of accessories, fostering a sense of identity and community among motorcycle enthusiasts.
 

The safety gear segment accounted for a market share of around 21% in 2023 and is projected to grow by 2032, propelled by the growing awareness of the importance of rider safety. As more individuals embrace motorcycling for commuting or recreational purposes, the need for protective gear becomes paramount. Concerns about road safety, coupled with the recognition of the vulnerability of motorcyclists, drive the adoption of safety gear such as helmets, gloves, jackets, and boots. Stringent regulations mandating the use of safety gear, in line with a rising emphasis on personal well-being, contribute to the sustained and increasing demand for high-quality motorcycle safety gear in the market.
 

North America led the global motorcycle accessories market with a major share of over 32% in 2023. A robust motorcycle culture and a high number of motorcycle enthusiasts contribute to a strong demand for accessories that enhance both performance and aesthetics. Moreover, stringent safety regulations and a culture of responsible riding propel the adoption of safety gear, driving market growth. The region's strong economy and disposable income levels enable riders to invest in customization, comfort, and technology-oriented accessories. Additionally, the expansive road infrastructure and diverse landscapes encourage recreational riding, further boosting the need for a wide range of accessories, fostering a thriving industry in North America.
 

Motorcycle Accessories Market Share

Garmin holds the largest market share, the company provides dedicated GPS devices designed specifically for motorcycles, incorporating rider-centric features like route planning, weather updates, and real-time traffic information. The seamless integration of Garmin products within its ecosystem, coupled with a commitment to innovation and advanced technologies such as Bluetooth connectivity and smartphone integration, enhances the appeal of its motorcycle accessories.
 

Motorcycle Accessories Market Companies

The major enterprises dominating the competitive landscape of the heliport industry include:

• Alpinestars
• Brembo
• Fox Racing
• Garmin
• Givi
• GoPro
• Shoei
   

Motorcycle Accessories Industry News

• For instance, in June 2023, Fly Racing introduced the Fly Formula S helmet featuring Quin's crash detection technology for enhanced rider safety and analytics. This innovation revolutionizes motorcycle safety and connectivity, making it a crucial choice for riders prioritizing utmost safety on the road.
   

This motorcycle accessories market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD million) from 2018 to 2032 for the following segments:

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Market, By Product Type

• Safety Gear
• Protective Gear
• Performance Parts
• Customization Accessories
• Luggage and Storage
• Electronic Accessories
• Apparel and Merchandise
• Maintenance and Care Products
• Comfort and Convenience

Market, By Motorcycle Type

• Conventional
• Cruiser
• Sports
• Off-road

Market, By Sales Channel

• Specialized Outlets
• Independent Outlets
• Online

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Russia
  • Nordics
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • ANZ
  • Southeast Asia 
• Latin America
  • Brazil
  • Mexico
  • Argentina 
• MEA
  • UAE
  • South Africa
  • Saudi Arabia