PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1793625
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1793625
Global Motorcycle Parts and Accessories Market to Reach US$4.4 Billion by 2030
The global market for Motorcycle Parts and Accessories estimated at US$3.6 Billion in the year 2024, is expected to reach US$4.4 Billion by 2030, growing at a CAGR of 3.4% over the analysis period 2024-2030. Motorcycle Parts, one of the segments analyzed in the report, is expected to record a 2.8% CAGR and reach US$2.8 Billion by the end of the analysis period. Growth in the Motorcycle Accessories segment is estimated at 4.5% CAGR over the analysis period.
The U.S. Market is Estimated at US$970.8 Million While China is Forecast to Grow at 6.2% CAGR
The Motorcycle Parts and Accessories market in the U.S. is estimated at US$970.8 Million in the year 2024. China, the world's second largest economy, is forecast to reach a projected market size of US$860.4 Million by the year 2030 trailing a CAGR of 6.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.4% and 2.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.
Global Motorcycle Parts and Accessories Market - Key Trends & Drivers Summarized
Why Are Motorcycle Parts and Accessories in High Demand Across Markets?
Motorcycle parts and accessories form a critical part of the two-wheeler industry’s value chain. Rising global ownership of motorcycles for daily commuting, delivery services, and recreational use continues to sustain steady demand for replacement parts and performance-enhancing accessories. Routine wear-and-tear parts like brake pads, filters, chains, and spark plugs drive recurring revenue across urban and rural areas. Riders frequently seek upgraded accessories such as custom seats, lighting kits, protective gear, and exhaust systems to enhance comfort, safety, and aesthetics.
Changing consumer behavior, especially among younger riders, reflects growing interest in personalization. Aftermarket accessories help create a distinct riding identity and cater to functional improvements. From handlebar grips to GPS mounts, accessory options are expanding in both utility and design. Growth in ride-sharing and last-mile delivery services, particularly in emerging economies, has also increased the frequency of maintenance cycles and part replacement needs, contributing further to volume growth in this sector.
What Role Does Technology Play in Shaping Product Innovation?
Technology continues to influence the design and performance of motorcycle parts and accessories. Lightweight materials such as carbon composites, high-performance alloys, and synthetic rubbers are improving durability and reducing stress on vehicle systems. Digital instrument clusters, mobile-enabled diagnostics, and smart helmets are examples of how connectivity is being integrated into accessories. LED lighting kits, electronic security systems, and USB charging ports are now common in aftermarket product ranges, particularly for touring and city commuter segments.
As electric motorcycles grow in adoption, a new category of compatible parts is emerging. Battery enclosures, motor cooling components, and powertrain-specific accessories are being tailored for electric models. Additionally, modular design in accessories allows easier installation and cross-model compatibility, which benefits both manufacturers and users. Technological upgrades are no longer confined to premium models alone. Mid-range and even entry-level motorcycle users are increasingly accessing digitally-enabled and performance-enhancing parts.
How Is the Aftermarket Channel Expanding to Meet Evolving Needs?
The aftermarket remains a key channel for motorcycle parts and accessories, driven by a broad range of users beyond dealerships. Independent garages, online platforms, and local parts shops are major contributors to product availability and service accessibility. E-commerce has played a major role in expanding reach, offering easy access to branded and generic parts with model-specific filters, installation guides, and user reviews. The availability of do-it-yourself kits and video tutorials has encouraged owners to manage minor repairs and accessory upgrades independently.
Regional markets vary widely in terms of demand composition. In developing regions, affordability and product lifespan guide purchasing decisions, while in mature markets, performance, aesthetics, and brand value influence accessory adoption. This dual nature of demand encourages suppliers to offer both premium and budget-friendly product lines. Authorized service centers also increasingly promote certified replacement parts and warranty-backed accessories, aiming to retain customers over longer service lifecycles.
What Factors Are Driving Growth in the Motorcycle Parts and Accessories Market?
Growth in the motorcycle parts and accessories market is driven by several factors. Expanding global motorcycle fleet, particularly in densely populated and price-sensitive countries, leads to continuous replacement demand. Increased preference for vehicle personalization supports steady sales of lifestyle and cosmetic accessories. High usage in commercial applications such as food delivery and logistics adds to wear rates, prompting frequent part replacements. Rising popularity of motorcycle tourism and adventure riding also encourages investment in touring kits, safety gear, and storage systems.
Adoption of smart accessories and tech-integrated upgrades is gaining momentum among younger, digitally connected riders. Growth in e-commerce platforms offering genuine parts and easy accessibility boosts aftermarket sales. Demand for eco-friendly and lightweight materials in replacement parts and body kits is influencing supplier strategies. Lastly, expanding service networks and dealership upgrades are helping standardize part availability, ensuring consistent market expansion across both OEM and aftermarket segments.
SCOPE OF STUDY:
The report analyzes the Motorcycle Parts and Accessories market in terms of units by the following Segments, and Geographic Regions/Countries:
Segments:
Product Type (Motorcycle Parts, Motorcycle Accessories); Distribution Channel (Brick & Mortar Stores, Online Distribution Channel, Direct-to-Consumer); End-Use (OEM End-Use, Aftermarket End-Use)
Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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