Worlwide Two Wheeler Accessories Market Size was valued at around USD 8,856.3 million in the year 2017 and is anticipated to witness a steep rise by generating an estimated revenue of US$ XXXX over the forecast period. According to latest study conducted by our analysts and industry experts, global XXXX market is expected to grow at a CAGR of XX.XX% during the forecast period, i.e. 2017-2025.

Two-wheeler accessories are crucial part of a bike owner’s riding experience, as it aids in improving the overall ride experience along with providing safety quotient to the rider. Two-wheeler accessories market is majorly impacted by the rising number of two wheelers on roads. There are a number of two-wheeler accessories that are compulsory to have as per the governmental rules in many countries.

Global Two Wheeler Accessories Market Growth Opportunities (Revenue, Growth) By 2017-2025

Market Dynamics

Global two wheeler accessories market was valued at around USD 8,856.3 million in the year 2017, and is anticipated to grow significantly over the forecast period, owing to escalating numbers of two wheelers in the global market, especially in major developing economies. Rising traffic issues on roads due to congestion caused by four wheelers or heavy vehicles is another reason which is expected to boost the demand of two wheelers, which in turn will boost the growth of global two-wheeler accessories market during the forecast period. High ticket prices of public transport in cities such as Mexico, Latin America and others is encouraging people to buy their own two-wheelers or rent them, as they are convenient as well as less expensive.

Furthermore, elevated disposable income of upper-middle class and middle-class population in Europe as well as North America has increased consumers interest in free-time activities such as racing, bike stunts, and others that involve the use of scooters or motorbikes. Increased production of light-weight two wheelers by prominent automobile manufacture will increase their number in the market in upcoming years, which will impact the global two-wheeler accessories market positively.

Segment Analysis 

Among product type, protective gears segment is projected to register significant growth in the global two wheeler accessories market, due to escalating road accident risks across the globe. Gear fabric, which is a type of technically advanced protective gear can reduce the risk of getting exposed to mechanical hazards, heat, bruises, UV radiations, and fire. Also, protective wearables such as helmets are compulsory to wear while riding in many countries.

Online sales segment is expected to grow rapidly during the forecast period, due to convenience offered by online distribution channels. Ease of payment and availability of numerous payment options provided in online sales is another reason which is expected to boost the growth of global two-wheeler accessories market in the upcoming years.

Regional Analysis

Asia Pacific is anticipated to hold the major revenue share in the global two-wheeler accessories market, due to presence of countries such as China and India, where traffic issues is escalating day by day and governments are promoting the use of light-weight vehicles in order to reduce traffic jams and road congestions. Presence of major two-wheeler accessories manufacturers in China, coupled with rising awareness of people towards the use of safety gears and other protective two-wheeler accessories while riding a bike is expected to aid the growth of global tow wheeler accessories market over the forecast period.

Global Two Wheeler Accessories Market Size, Share Analysis By Region 2017

North America is expected to dominate the growth of the global two-wheeler accessories market size owing to high demand of fashionable accessories and increasing customize bikes in general trends in the region. North America and Europe market gaining attraction of the investment for the companies for more scope in the regions and expected to rise healthy growth over the forecast period.  As per expert analysis for Middle East and Africa market is gaining attraction of the new investment for the companies for more scope in the regions and expected to rise healthy growth over the forecast period.

Global Two Wheeler Accessories Market Study Objective

1. To forecast the market size of two wheeler accessories market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of two wheeler accessories market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of two-wheeler accessories market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of two wheeler accessories market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of two-wheeler accessories market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of two-wheeler accessories market commercially.

Key Players

Major players performing in global two-wheeler accessories market include Suzhou Pioneer Vehicle Co. Ltd., Vega ltd. Maytaway Industrial Co. Ltd, AVON BIWHEELER, and Steelbird.

Global Two-Wheeler Accessories Market Report Offer You!

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