Home > Automotive > Aftermarket > Aftermarket Parts > Power Sports Aftermarket
Market Size
- Report ID: GMI4792
- Published Date: Feb 2023
- Report Format: PDF
Power Sports AfterMarket Size
Power Sports Aftermarket industry size surpassed USD 10 billion in 2022 and is projected to register 7% CAGR from 2023 to 2032, driven by the growing number of accidents from off-road biking activities and sports events.
The rigorous racing activities and intense power sports make use of advanced motorsport engineering in order to prevent accidents and damages caused to vehicles. Furthermore, the growing incidences of vehicle recall due to safety concerns are offering lucrative business prospects to aftermarket players. According to the Consumer Federation of America (CFA), a total of 167 off-highway vehicle (OHV) recall notices have been identified from January 2010 to February 2023. These include all-terrain vehicles (ATVs), utility task vehicles (UTVs) and recreational off-highway vehicles (ROVs).
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Power Sports Aftermarket Size in 2022: | USD 10 billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7% |
| 2032 Value Projection: | USD 20 billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 422 |
| Segments covered: | Vehicle, Sales Channel |
| Growth Drivers: |
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| Pitfalls & Challenges: |
Frequently Asked Questions (FAQ) :
Power Sports Aftermarket Scope
