Technavio, a tech-focused market research firm, has published a new report on the global motorcycle supercharger market, which is expected to grow at a CAGR of over 6% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global motorcycle supercharger market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Top three contributors for the global motorcycle supercharger market are elaborated below:
Motorcycle supercharger market in EMEA: The growth of the motorcycle supercharger market in EMEA is attributable to the increased sales of performance and sports motorcycles and the fragmented motorcycle aftermarket. The presence of leading performance racing and street motorcycle manufacturers such as Ducati, Aprilia, Moto Guzzi, BMW Motorrad, and Bimota among others in the region is also an incentive for market growth. Market research analysts at Technavio anticipate the motorcycle supercharger market in EMEA to account for the sales of almost 59 thousand units by 2021.
According to Siddharth Jaiswal, a lead analyst at Technavio, specializing in research on automotive components, “European countries like France, Italy, Germany, Spain, and the UK are the leading contributors to the motorcycle supercharger market in EMEA owing to their high motorcycle adoption rate as compared to other countries in the region. The region’s diverse demographics, which include a mix of rough terrains, long highways, gradient roads, and hilly terrains, also facilitate the adoption of motorcycles, and subsequently motorcycle superchargers.”
Motorcycle supercharger market in the Americas: The high market penetration of performance and sports motorcycles in countries, such as the US and Canada, drive the growth of the supercharger market in the Americas. In North America, there is a growing demand for performance motorcycles due to the increased adoption of heavyweight motorcycles by baby boomers. During the forecast period, the expansion of supercharger offerings by OEMs is expected to fuel further growth of the motorcycle supercharger market in the Americas.
Motorcycle supercharger market in APAC: The motorcycle supercharger market in APAC is led primarily by countries such as Japan and China. The increase in volume sales of sports bikes in regions, like Singapore, Thailand, Taiwan, and India is expected to one of the key driving forces for the projected rise in the demand for motorcycle superchargers in the APAC region over the next four years.
The leading vendors operating in the global motorcycle supercharger market are:
- Ducati
- Honda Motor Company
- Kawasaki Motors Corporation
- Bimota
Other prominent vendors in the market include Rotrex, ProCharger Superchargers, S Charger, and Aerocharger.
A more detailed analysis is available in the Technavio report titled, ‘Global Motorcycle Supercharger Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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