Latest News- Motorcycle Rider Accessories Market: Helmets is expected to lead the Product segment during 2025-2029

The Motorcycle Rider Accessories Market is being driven by Increasing number of road accidents

The Motorcycle Rider Accessories Market is expected to grow at a CAGR of 4.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2347.5 million. The global motorcycle rider accessories market is experiencing significant growth due to the increasing demand for smart products driven by advancements in technology and heightened consumer awareness. This trend is particularly evident in the segment of motorcycle helmets. Although smart helmets carry a premium price tag compared to traditional helmets, their innovative features and added convenience are compelling consumers to make the investment. Manufacturers are responding to this trend by integrating wireless technology into their smart helmets, making them compatible with various smart devices. Notable features of smart helmets include advanced noise control, ambient audio capability, audio multitasking, built-in speakers and microphone, voice command, group intercom, FM radio, and an integrated camera, all of which are enabled through Bluetooth 4 technology. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on segments_for_ai.nslist

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing number of road accidents
• Regulatory mandates for using motorcycle helmets
• Growing popularity of long-distance motorcycle trips

However, the market also witnesses some limitations, which are as follows:

• Fluctuations in raw material prices
• Increasing availability of counterfeit products
• Intense competition among vendors leads to price wars

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Market Scope in Motorcycle Rider Accessories Market Research Report

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Research Analysis Overview

The Motorcycle market encompasses a wide range of accessories including SW-Motech's offerings for the Honda Hornet. These accessories cater to various needs such as GPS navigation, smartphone applications, and connectivity features. Safety and protective gear, performance parts, and electronic accessories are also popular. Apparel, merchandise, maintenance care products, comfort, and convenience items are essential for motorcycle tourism. Weather updates and real-time traffic information keep riders safe. Reflectors, motorcycle sales, recreational activities, and riding communities are other markets. Premium accessories prioritize product design, materials, and lightweight construction.

Market Research Overview

The Motorcycle Rider Accessories Market is a segment of the larger Automotive Components and Equipment Market, encompassing businesses specializing in the production of parts and add-ons for motorcycles, scooters, quad bikes, and three-wheelers. According to Technavio's market analysis, the global Automotive Components and Equipment Market is projected to grow significantly due to several driving factors. One such factor is the increasing integration of electronic components in motorcycles, such as GPS navigation systems, smartphone applications, and connectivity features, which are increasingly popular among consumers. Additionally, the demand for safety and protective gear continues to rise, ensuring the Motorcycle Rider Accessories Market maintains a steady growth trajectory within the Automotive Components and Equipment Market. Notable companies in this sector include SW-Motech, known for their innovative motorcycle luggage systems and protective accessories.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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