Global Motorcycle Handle Grip Market 2018-2022

Technavio’s market research analysts have predicted that the motorcycle handle grip market will generate a revenue of more than USD 725 million by 2022. This industry research report presents a detailed analysis of the motorcycle handle grip market by application such as commuter and mid segment and premium segment. The report also presents an analysis of the market’s growth across various geographic regions such as the Americas, APAC, and EMEA.

Global Motorcycle Handle Grip Industry Overview

The demand for two-wheelers is increasing in APAC, owing to various factors such as better conditions, increasing urbanization, and increasing acceptance of two-wheelers by women. The demand for two-wheelers is also supported by the reducing fuel prices and customer-friendly interest rates for purchasing a vehicle. As per a study, India replaced China as the top two-wheelers manufacturer in the world after selling close to 17.5 million motorcycles during 2016-17. Therefore, the rise in demand for motorcycles in APAC countries will drive the growth in the motorcycle handle grip market.

“The rapid growth in sales and strong market position can also be attributed to strategic partnerships of local manufacturers with international motorcycle manufacturers. Such considerable growth prospects for the motorcycle market can be corelated with the sales of motorcycle handle grips,” says a senior research analyst at Technavio for the automotive components industry.

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Companies covered

The motorcycle handle grip market is highly fragmented with the presence of various international vendors. The market is currently in its maturity phase and exposed to opportunities. This industry research report offers information about the competitive environment among the players in the motorcycle handle grip market and also presents an analysis of companies and their products. Additionally, the report also includes information about the key areas the players are currently focusing on and the strategies they follow to sustain the competition.

The report offers a complete analysis of motorcycle handle grip manufacturers including –

• Harley-Davidson
• Hero MotoCorp
• Grab on Grips
• KTM
• UNO Minda

Motorcycle handle grip market growth based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the APAC will contribute to the maximum share of this motorcycle handle grip market throughout the predicted period. Increase in demand for motorcycles in APAC is driving growth for the market in this region.

Motorcycle handle grip market growth based on application

• Commuter and mid segment
• Premium segment

According to our market research experts, the commuter and mid segment will account for the maximum share of the market. Growth in this segment is attributed to the rise in demand for mid-segment motorcycles in the developing economies such as China, India, and Indonesia. The report provides an accurate prediction of the contribution of the various application segments to the growth of the motorcycle handle grip market size.

Key highlights of the global motorcycle handle grip market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the motorcycle handle grip market during the next five years
• Precise estimation of the global motorcycle handle grip market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the motorcycle handle grip industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of motorcycle handle grip manufacturers

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global motorcycle handle grip market and its stakeholders over the forecast years.

Technavio’s analysts have considered how the performance of other related markets in the vertical will impact motorcycle handle grip market size till 2022. Some of the markets most likely to influence the growth of the motorcycle handle grip market over the coming years are the motorcycle handlebar control switch market and the motorcycle rider accessories market.

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