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Power Sports Accessories Market Share

Report ID: GMI6233
Published Date: Jul 2023
Report Format: PDF

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Power Sports Accessories Market Share

Major companies operating in the power sports accessories market are :

Harley-Davidson, Inc.
Honda Motor Co., Ltd.
Kawasaki Heavy Industries Ltd.
KTM AG
Yamaha Motor Co., Ltd.
Suzuki Motor Corporation
BRP Inc.

These companies are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of power sports accessories was reached USD 5.3 billion in 2022 and is set to expand at 9.7% CAGR from 2023 to 2032, driven by the significantly rising interest in outdoor recreational activities and the booming luxury tourism & adventure travel globally.

The heavyweight motorcycles segment held around 56% market share in 2022, owing to the rising popularity of high-performance motorcycles among enthusiasts seeking powerful & thrilling riding experiences.

North America market held more than 38% revenue share in 2022, attributed to the strong culture of power sports and outdoor activities and a significant number of power sports enthusiasts coupled with well-developed infrastructure to support power sports activities in the region.

Harley-Davidson, Inc., Honda Motor Co., Ltd., Kawasaki Heavy Industries Ltd., KTM AG, Yamaha Motor Co., Ltd., Suzuki Motor Corporation, and BRP Inc. are some of the major companies engaged in the industry.