Motorcycle Parts Accessories Market

The Global Motorcycle Parts and Accessories Market Industry is poised for substantial growth, with projections indicating a market value of 20 USD Billion in 2024 and an anticipated increase to 41.2 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 6.8% from 2025 to 2035. Such figures underscore the industry's resilience and adaptability in response to evolving consumer preferences and technological advancements. The market's expansion is likely to be driven by various factors, including rising demand for two-wheelers, technological innovations, and increasing interest in customization.

The increasing demand for two-wheelers globally is a primary driver of the Global Motorcycle Parts and Accessories Market Industry. As urbanization accelerates, more individuals are opting for motorcycles due to their affordability and convenience in congested cities. In 2024, the market is projected to reach 20 USD Billion, reflecting this trend. The growing preference for motorcycles as a mode of transportation, particularly in developing regions, is likely to bolster the demand for parts and accessories. This shift indicates a robust growth trajectory for the industry, as manufacturers adapt to meet the evolving needs of consumers.

The expansion of e-commerce platforms is revolutionizing the Global Motorcycle Parts and Accessories Market Industry. Online retailing provides consumers with greater access to a diverse range of products, facilitating easier purchasing decisions. As more consumers turn to online platforms for their motorcycle needs, the market is likely to experience significant growth. This trend is particularly relevant in regions where traditional retail options are limited. The convenience of online shopping, coupled with competitive pricing, is expected to drive sales in the industry, contributing to the projected market value of 41.2 USD Billion by 2035.

The rising interest in motorcycle customization is a notable driver of the Global Motorcycle Parts and Accessories Market Industry. Enthusiasts are increasingly seeking unique modifications to enhance performance and aesthetics, leading to a surge in demand for aftermarket parts. This trend is particularly evident in regions with a strong motorcycle culture, where customization is viewed as a form of personal expression. As a result, manufacturers are expanding their offerings to include a wider range of accessories, catering to diverse consumer preferences. This growing segment is likely to contribute to the overall market expansion, reflecting a shift towards personalized motorcycle experiences.

The growing emphasis on sustainability and eco-friendly practices is shaping the Global Motorcycle Parts and Accessories Market Industry. Consumers are becoming more environmentally conscious, prompting manufacturers to develop greener alternatives, such as electric motorcycles and sustainable parts. This shift aligns with global efforts to reduce carbon emissions and promote cleaner transportation options. As electric motorcycles gain traction, the demand for specialized parts and accessories tailored to these vehicles is expected to rise. This trend may lead to a transformation in the market landscape, as companies adapt their strategies to meet the evolving preferences of environmentally aware consumers.

Technological innovations in motorcycle design and manufacturing are significantly influencing the Global Motorcycle Parts and Accessories Market Industry. Enhanced safety features, improved fuel efficiency, and the integration of smart technologies are becoming increasingly prevalent. For instance, the adoption of advanced braking systems and electronic stability control is likely to drive the demand for specialized parts. As manufacturers invest in research and development, the market is expected to evolve, catering to the needs of tech-savvy consumers. This trend suggests a potential increase in market value, contributing to the projected growth rate of 6.8% CAGR from 2025 to 2035.

Based on the Region, the global Motorcycle Parts and Accessories is segmented into North America, Europe, Asia-Pacific, South America and Middle East & Africa. The Asia Pacific dominated the global market in 2024, while the Asia Pacific is projected to be the fastest–growing segment during the forecast period. Major demand factors driving the Asia Pacific market are the Asia-Pacific motorcycle market is experiencing a dynamic upswing, fueled by robust sales growth and an influx of new model launches across key markets such as India and China. 

Suzuki Motorcycle India exemplifies this momentum, having recorded a remarkable 14% year-on-year sales growth in April 2025, with total sales surpassing 112,000 units. Domestic sales alone grew by 8%, while exports surged an impressive 57%, signaling strong regional and international demand. The launch of advanced models like the OBD-2B compliant Suzuki Hayabusa and digital initiatives such as online bookings via Flipkart further amplify consumer engagement and accessibility.

FIGURE 3: MOTORCYCLE PARTS AND ACCESSORIES MARKET VALUE BY REGION 2024 AND 2035 (USD BILLION)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Further, the countries considered in the scope of the Application Tracking System Market are the US, Canada, Mexico, Germany, UK, France, Russia, Italy, Spain, Rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Rest of APAC, Brazil, Argentina, Rest of South America, GCC Countries, South Africa, Rest of Middle East & Africa and others.

Many global, regional, and local vendors characterize the Motorcycle Parts and Accessories Market. The market is highly competitive, with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and government regulations. Vendors must provide cost-efficient, high-quality products to survive and succeed in an intensely competitive market.

The major competitors in the market are Brembo N.V., AGV, Yamaha Motor Co., LTD., ALPINESTARS, ZF Friedrichshafen AG, Akebono Brake Industry Co., Ltd., Continental AG, EBC Brakes, Michelin, STF Industries SDN. Bhd., REV’IT! ,KLIM, STEELBIRD Hi-tech India Ltd. (SBHT), Bridgestone CORPORATION are among others. The Motorcycle Parts and Accessories Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.