Overview of the global motorcycle shift rearset market
Market research analysts at Technavio predict that the global motorcycle shift rearset market will grow steadily at a CAGR of over 12% by 2021. This market research analysis identifies the growth in the sports motorcycles segment that is pushing the demand for rearsets as one of the primary growth factors for this market. Rearsets are widely used in sports motorcycles as they provide space for cornering and improve comfort. With the increase in growth of the sports motorcycles segment, the riding benefits that are fueling the adoption of these devices will significantly fuel the growth of this global market.
One of the latest trends that will gain traction in the motorcycle shift rearset market in the coming years is the use of aluminum to produce lightweight rearsets. The use of aluminum not only leads to a significant reduction in weight and increases durability that is crucial for sports and racing motorcycles but also offers perfect ergonomics, increased reliability, and is also visually attractive to the eyes of users.
Competitive landscape and key vendors
The motorcycle shift rearset market appears to be highly fragmented due to the presence of various vendors operating at the regional and international levels. The competition is intense among the existing players as this market is limited to the sports motorcycles category. Additionally, the adjustable rearset manufacturers in the motorcycle rearset market are significantly investing towards developing innovative designs in terms of weight and this trend is expected to continue during the forecast period as well.
The leading vendors in the market are -
- ZF
- Vortex Racing
- Woodcraft Technologies
- SATO RACING
- R&G
The other prominent vendors in the market include GILLES TOOLING, Rizoma, ITR Motor Sport, and Motionlogics.
Segmentation by end-users and analysis of the motorcycle shift rearset market
During 2016, the aftermarket segment accounted for the major shares and dominated this market. The ease of availability of rearset kits through third party vendors will contribute to the growth of this industry segment in the coming years. Pricing is one of the crucial factors for the growth in this segment and breakthrough innovations in terms of weight and cost will make these products preferable over cheap China-made rearsets.
Geographical segmentation and analysis of the motorcycle shift rearset market
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market by 2021. With the rising adoption of sports motorcycles and increase in the demand for stability and comfort in the motorcycles in this region, the demand for adjustable rearsets will increase in the Americas during the next four years.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global motorcycle shift rearset market?
- What are the key market trends impacting the growth of the global motorcycle shift rearset market?
- What are the challenges to market growth?
- Who are the key vendors in the global motorcycle shift rearset market?
- What are the market opportunities and threats faced by the vendors in the global motorcycle shift rearset market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global motorcycle shift rearset market?
Technavio also offers customization on reports based on specific client requirement.
A motorcycle shift rearset is an add-on motorcycle accessory, which offers the rider more stability and comfort especially during drag racing. Additionally, it contributes to the ride comfort by allowing the rider to position their hind leg more comfortably, resulting in a smoother ride and control for the rider. Technavio’s reports for the automotive industry cover a wide range of product markets including automotive components, automotive electronics, and automotive manufacturing. In addition to providing information on a variety of parameters including the shift in customer behavior and several aspects that are driving the market’s growth, Technavio’s reports also include a detailed list of all the prominent vendors, their entire range of products and services, and the competitive analysis for the automotive industry.
By pursuing a combination of primary and secondary data research and considering many factors such as the rising demand for various products across different geographical regions, industry research analysts at Technavio accurately predict the automotive industry’s growth outlook. This upcoming market research report on the global motorcycle shift rearset market for the forecast period of 2017 to 2021 projects valuable insights derived from data collected from reliable sources of intelligence like channel partners, key stakeholders, manufacturers, and various regulatory bodies.
The upcoming report on the global motorcycle shift rearset market also considers the growth of similar markets such as motorcycle instrument cluster and motorcycle clutch, which are expected to grow at a CAGR of about 7% each, for the forecast period of 2017 to 2021. According to our industry experts, the rising demand for sports segment motorcycles and increasing diverse racing events is facilitating the growth of the automotive components market in the coming years. To help businesses augment their market share, Technavio also provides customized reports based on the specific requirements of numerous clients.
This upcoming industry research report for the global motorcycle shift rearset market identifies the prominent market drivers and major trends coupled with the challenges currently experienced by vendors in the automotive components sector. Moreover, it also offers insights into the automotive services and auto accessories market.