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Power Sports Accessories Market Trends

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

Power Sports Accessories Market Trends

Power sports accessories are integrating advanced technologies to enhance user experiences and performance. Features such as GPS navigation systems help riders to explore new routes, while wireless communication equipment facilitates smooth interaction between riders. Smartphone connectivity offers access to apps and features on the move, and electronic suspension systems improve ride comfort and control. These technological advancements boost convenience, safety, and enjoyment for enthusiasts.
 

Manufacturers operating in the power sports accessories market are recognizing the importance of fashion and style along with functionality. They are placing greater emphasis on sleek designs, vibrant colors, and visually appealing aesthetics. This approach caters to consumers seeking accessories that enhance performance and possess an attractive look. Manufacturers are incorporating modern design elements and trendy patterns into helmets, riding gear, or vehicle accessories to attract fashion-conscious consumers. By blending fashion with functionality, power sports accessories offer high performance and allow riders to show their style & preferences.

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.

Power Sports Accessories Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 300
  • Countries covered: 21
  • Pages: 130
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