Market Forecast by Regions and Countries (North America, Europe, LATAM, Middle East, Asia and Africa), By Type (Engine & Drivetrain, Tires, Structural, Electrical and Electronic, Other), By Applications (Electric Bicycles, Motorcycles) And Competitive Landscape
Product Code: ETC13163465 | Publication Date: Apr 2025 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
The global motorcycle components market size reached approximately USD 85 billion in 2024, with a projected compound annual growth rate (CAGR) of 5.3% from 2025 to 2031. Factors such as advancements in technology, a surge in electric motorcycle production, and a growing preference for personal transportation are expected to propel the market to reach an estimated USD 130 billion by 2031.
Report Name | Global Motorcycle components Market |
Forecast Period | 2025-2031 |
Market Size | USD 130 billion by 2031 |
CAGR | 5.3% |
Growing Sector | Automotive |
The Global Motorcycle components Market report thoroughly covers the market by Type, Application and Regions.The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The global motorcycle components market has been playing a pivotal role in boosting the growth of the motorcycle industry. It consists of several ranges of critical parts of motorcycle, which include braking systems, suspensions, engines, transmissions, and advanced electronics. Market growth has been influenced by the growing deployment of electric motorcycles, which demands specialized components such as batteries and electric drivetrains. Furthermore, the market growth is estimated to bolster with the growing requirement for customization among motorcycle enthusiasts and aftermarket services.
As per 6Wresearch, Global Motorcycle components Market is expected to grow at a significant CAGR of 5.3% during the forecast period 2025-2031. The growth of the global motorcycle components market is driven by several key factors. Increasing urbanization and the rising popularity of motorcycles as an economical mode of transportation are fueling the demand for components. The growing adoption of electric motorcycles, supported by government incentives and environmental regulations, also plays a significant role in shaping the market. Furthermore, advancements in technology, such as the use of lightweight and durable materials, as well as the inclusion of features like smart connectivity and enhanced safety systems, contribute to the rising demand for innovative components.booming motorcycle customization trend among enthusiasts further boosts the aftermarket segment, creating additional opportunities for manufacturers and suppliers.
Despite its promising growth trajectory, the market faces several challenges. One significant hurdle is the high cost associated with advanced motorcycle components, particularly for electric vehicles, which may deter price-sensitive customers. Additionally, supply chain disruptions and fluctuating raw material prices can impact the production and availability of components, posing challenges to manufacturers. Stricter government regulations on emissions and safety standards may require significant investments in research and development, increasing the overall production costs. Lastly, regional variances in economic conditions and consumer preferences make it difficult for companies to maintain a standardized approach across all markets.
The global motorcycle components market is experiencing significant growth driven by technological advancements and increasing consumer demand. One notable trend is the rise of electric motorcycles, which has led to a surge in the production of specialized components such as lightweight batteries and energy-efficient motors. Additionally, the adoption of smart technologies, including IoT-enabled components and advanced safety features, is reshaping the industry and elevating overall riding experiences. Customization is another prevailing trend, as consumers seek personalized options that enhance performance and aesthetic appeal.
The global motorcycle components market presents numerous investment opportunities, particularly in the areas of innovation and sustainability. The growing popularity of electric and hybrid motorcycles is opening doors for investments in battery technology, charging infrastructure, and energy management systems. Additionally, the demand for smart and connected components offers potential for investors to support the development of sensor technologies and integrated software solutions. Emerging markets in Asia-Pacific and Latin America also provide lucrative opportunities due to growing urbanization and increasing disposable incomes, which bolster motorcycle sales.
The global motorcycle components market is characterized by the presence of several key players actively driving innovation and market growth. Notable companies in this domain include Bosch, Denso Corporation, Delphi Technologies, Brembo S.p.A, and NGK Spark Plug. These players are known for their advanced product portfolios and strong commitment to research and development, which enable them to cater to the evolving needs of consumers.
Governments across the globe have introduced stringent regulations impacting the motorcycle components market, particularly in the realms of safety, emissions, and environmental sustainability. For instance, emissions standards such as Euro 5 in Europe and Bharat Stage VI in India have pushed manufacturers to develop cleaner and more fuel-efficient components. Similarly, regulations around anti-lock braking systems (ABS) and other safety mechanisms have become mandatory in many regions, compelling manufacturers to innovate and improve product safety measures.
The future of the global motorcycle components market looks promising, driven by advancements in technology and shifts in consumer preferences. The adoption of electric motorcycles is expected to significantly impact the demand for electric-specific components like battery systems and electric motors. Additionally, the integration of smart technologies, such as IoT-enabled sensors and connected systems, will play a pivotal role in enhancing user experience and safety. The market is also anticipated to witness growth in emerging economies, where rising disposable incomes and urbanization spur motorcycle sales.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
When it comes to applications, motorcycles dominate the global motorcycle components market as they continue to be a primary means of transportation and leisure activities in both developed and developing economies.
According to Ravi Bhandari, Research Head, 6Wresearch,North America and Europe leading in terms of technological advancements and adoption of premium motorcycles. These regions benefit from well-established manufacturers and significant consumer demand for high-performance vehicles.
The marketreport provides a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Motorcycle components Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Motorcycle components Market Revenues & Volume, 2021 & 2031F |
3.3 Global Motorcycle components Market - Industry Life Cycle |
3.4 Global Motorcycle components Market - Porter's Five Forces |
3.5 Global Motorcycle components Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Motorcycle components Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Motorcycle components Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Global Motorcycle components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Motorcycle components Market Trends |
6 Global Motorcycle components Market, 2021 - 2031 |
6.1 Global Motorcycle components Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Motorcycle components Market, Revenues & Volume, By Engine & Drivetrain, 2021 - 2031 |
6.1.3 Global Motorcycle components Market, Revenues & Volume, By Tires, 2021 - 2031 |
6.1.4 Global Motorcycle components Market, Revenues & Volume, By Structural, 2021 - 2031 |
6.1.5 Global Motorcycle components Market, Revenues & Volume, By Electrical and Electronic, 2021 - 2031 |
6.1.6 Global Motorcycle components Market, Revenues & Volume, By Other, 2021 - 2031 |
6.2 Global Motorcycle components Market, Revenues & Volume, By Applications, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Motorcycle components Market, Revenues & Volume, By Electric Bicycles, 2021 - 2031 |
6.2.3 Global Motorcycle components Market, Revenues & Volume, By Motorcycles, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Motorcycle components Market, Overview & Analysis |
7.1 North America Motorcycle components Market Revenues & Volume, 2021 - 2031 |
7.2 North America Motorcycle components Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Motorcycle components Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Motorcycle components Market, Revenues & Volume, By Applications, 2021 - 2031 |
8 Latin America (LATAM) Motorcycle components Market, Overview & Analysis |
8.1 Latin America (LATAM) Motorcycle components Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Motorcycle components Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Motorcycle components Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Motorcycle components Market, Revenues & Volume, By Applications, 2021 - 2031 |
9 Asia Motorcycle components Market, Overview & Analysis |
9.1 Asia Motorcycle components Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Motorcycle components Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Motorcycle components Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Motorcycle components Market, Revenues & Volume, By Applications, 2021 - 2031 |
10 Africa Motorcycle components Market, Overview & Analysis |
10.1 Africa Motorcycle components Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Motorcycle components Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Motorcycle components Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Motorcycle components Market, Revenues & Volume, By Applications, 2021 - 2031 |
11 Europe Motorcycle components Market, Overview & Analysis |
11.1 Europe Motorcycle components Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Motorcycle components Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Motorcycle components Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Motorcycle components Market, Revenues & Volume, By Applications, 2021 - 2031 |
12 Middle East Motorcycle components Market, Overview & Analysis |
12.1 Middle East Motorcycle components Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Motorcycle components Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Motorcycle components Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Motorcycle components Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Motorcycle components Market, Revenues & Volume, By Applications, 2021 - 2031 |
13 Global Motorcycle components Market Key Performance Indicators |
14 Global Motorcycle components Market - Export/Import By Countries Assessment |
15 Global Motorcycle components Market - Opportunity Assessment |
15.1 Global Motorcycle components Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Motorcycle components Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Motorcycle components Market Opportunity Assessment, By Applications, 2021 & 2031F |
16 Global Motorcycle components Market - Competitive Landscape |
16.1 Global Motorcycle components Market Revenue Share, By Companies, 2024 |
16.2 Global Motorcycle components Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |