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Power Sports Accessories Market Share

Report ID: GMI6233
Published Date: Jul 2024
Report Format: PDF

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Power Sports Accessories Market Share

Polaris Inc., and Bombardier Recreational Products hold a significant market share of over 20%, in 2023. Polaris heavily invested in R&D to introduce technologies and innovative products that meet the evolving needs of their customers. Also, Polaris has built strong, recognizable brands synonymous with quality and performance.

BRP has been engaged in strategic acquisitions and partnerships to expand their product offerings, enter new markets, and enhance their distribution networks, thereby increasing their market presence and competitiveness.

Power Sports Accessories Market Companies

The major players operating in the power sports accessories industry are:

Arctic Cat Inc.
BRP Inc.
Harley-Davidson, Inc.
Honda Motor Co., Ltd.
Kawasaki Heavy Industries Ltd.
KTM AG
Polaris Industries Inc.
Suzuki Motor Corporation
Textron Inc.
Triumph Motorcycles Ltd.
Yamaha Motor Co., Ltd.
Zero Motorcycles Inc.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of power sports accessories reached USD 5.8 billion in 2023 and is set to register over 9.5% CAGR from 2024-2032, owing to the increasing popularity of outdoor recreational activities such as off-road riding, water sports, and snowmobiling worldwide.

Power sports accessories industry from the heavyweight motorcycles segment held 42% share in 2023, due to growing number of Enthusiasts who crave powerful and exhilarating riding experiences.

North America market held over 39% share in 2023, attributed to its strong culture of outdoor activities and recreational sports, with a high number of enthusiasts in the region.

Harley-Davidson, Inc., Honda Motor Co., Ltd., Kawasaki Heavy Industries Ltd., KTM AG, Polaris Industries Inc., Suzuki Motor Corporation, Textron Inc., Triumph Motorcycles Ltd., Yamaha Motor Co., Ltd., Zero Motorcycles Inc., are some of the major power sports accessories companies worldwide.