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World Motorcycle Components Market

September 17, 2013

Reportbuyer.com just published a new market research report:
World Motorcycle Components Market

(PRWEB) September 17, 2013

Global demand to rise 7.5% per annum through 2017

The worldwide market for motorcycle components, including those for electric bicycles (e-bikes) and motorcycles (ecycles), is forecast to expand 7.5 percent annually to $119.5 billion in 2017. The Asia/Pacific region, which has both the highest motorcycle production and the most motorcycles in use, will continue to dominate worldwide demand, representing four-fifths of total motorcycle parts consumption in 2017.

China, other Asia/Pacific nations to pace demand

Global sales of motorcycle parts will be fueled by rising motorcycle output and an expansion in the size of the motorcycle park, both the result of better standards of living in developing nations. China will remain by far the largest national market, with India and Indonesia also important because of their large populations, plus the large size of their motorcycle manufacturing industries, which boost associated component consumption. There is a strong correlation between average income levels and motorcycle and related parts demand. In emerging economies where motorcycles are an attractive alternative to walking, riding a bicycle, or using mass transit, good gains in motorcycle component sales are triggered once certain per capita income thresholds have been reached.

Tires, electrical & electronic components to grow fastest

Engine and drivetrain parts will remain the largest component product category in dollar terms because they account for the greatest percentage of total parts costs, regardless of the model. Products in this segment, as well as those included in the structural group, derive the vast majority of their sales from OEM applications.

This is because almost all of these parts have low replacement rates, meaning that they are designed to last the useful life of a motorcycle.

The fastest growth among major motorcycle component categories will be seen by tires, with the replacement market accounting for more than four-fifths of incremental demand from 2012 to 2017.

Sales of electrical and electronic parts will climb the next fastest, aided by growth in the motorcycle stock and rising output of e-bikes and e-cycles, many of which use more expensive batteries than those installed in traditional ICE cycles.

Medium & heavy ICE OEM parts to remain dominant in US

Original equipment manufacturer (OEM) motorcycle parts will continue to account for the majority of the market total in 2017, representing 55 percent of all sales. OEM consumption levels are dependent on the number and types of motorcycles produced, while aftermarket demand — which makes up the remainder — climbs along with the size of the motorcycle stock. As a general rule, medium and heavy internal combustion engine (ICE) motorcycles are the most expensive machines to build and maintain. As a result, the US, which has significant production and a sizable stock of medium and heavy ICE motorcycles, will account for five percent of worldwide component demand in 2017.

Study coverage

Details on these and other key findings are presented in World Motorcycle Components, an upcoming Freedonia industry study priced at $5900. It offers historical data (2002, 2007 and 2012) plus forecasts (2017 and 2022) for supply and demand data, as well as demand by type, in six regions and 20 countries.

The study also assesses key market environment factors, examines the global industry structure, evaluates company market share and profiles 50 competitors in the global industry, including Bajaj Auto, BMW, Bridgestone, Continental, Goodyear, Harley-Davidson, Honda, Hero MotoCorp, Kawasaki and Yamaha.

TABLE OF CONTENTS

INTRODUCTION xiii

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

World Economic Overview 5

Recent Historical Trends 6

World Economic Outlook 8

World Demographic Overview 11

Population 12

Urban Population 13

Households 15

World Personal Income Trends 17

World Motorcycle Overview 19

Motorcycle Production 23

Internal Combustion Engine Motorcycles 26

Electric Motorcycles 29

Motorcycles in Use 33

World Light Vehicle Demand 37

Legal & Regulatory Issues 40

Counterfeit Products 41

End of Life Requirements 43

Restrictions on Motorcycle Use 44

Rider Safety 45

Exhaust Emissions 47

Pricing Patterns 49

Technological Trends 51

Internal Combustion Engine Motorcycles 52

Electric Motorcycles 53

III. WORLD SUPPLY & DEMAND 55

General 55

Regional Overview 56

Demand 56

Production 59

International Trade 62

Demand by Market 64

Original Equipment Manufacturing 65

Aftermarket 68

Demand by Product 72

Engine & Drivetrain 74

Internal Combustion Engines & Parts 77

Electric Propulsion Motors 79

Drivetrain Components 81

Tires 83

Structural Components 87

Wheels 90

Frames 92

Suspensions 93

Other 95

Electrical & Electronic Components 96

Batteries 100

Lighting Equipment 102

Ignition System Components 104

Other 106

Other Motorcycle Components 107

Brake Parts 111

Filters 113

Exhaust & Emission System Components 114

All Other 116

IV. NORTH AMERICA 118

General 118

Motorcycle Component Supply & Demand 119

Motorcycle Component Outlook & Suppliers 122

United States 125

Canada 132

Mexico 138

V. WESTERN EUROPE 145

General 145

Motorcycle Component Supply & Demand 146

Motorcycle Component Outlook & Suppliers 149

Italy 153

Germany 160

Spain 166

France 172

United Kingdom 178

Other Western Europe 184

VI. ASIA/PACIFIC 190

General 190

Motorcycle Component Supply & Demand 191

Motorcycle Component Outlook & Suppliers 194

China 197

India 204

Indonesia 210

Japan 217

Vietnam 224

Thailand 231

Taiwan 237

Pakistan 243

Philippines 249

Malaysia 255

South Korea 261

Other Asia/Pacific 267

VII. OTHER REGIONS 274

Central & South America 274

General 274

Motorcycle Component Supply & Demand 275

Motorcycle Component Outlook & Suppliers 278

Brazil 281

Other Central & South America 288

Eastern Europe 294

General 294

Motorcycle Component Supply & Demand 295

Motorcycle Component Outlook & Suppliers 298

Africa/Mideast 301

General 301

Motorcycle Component Supply & Demand 303

Motorcycle Component Outlook & Suppliers 305

VIII. INDUSTRY STRUCTURE 309

General 309

Industry Composition 310

Market Share 313

Product Development & Manufacturing 317

Marketing & Distribution 319

Cooperative Agreements 322

Mergers & Acquisitions 326

Company Profiles 329

Akrapovi? dd 330

Arrow Special Parts SpA 331

Bajaj Auto Limited 332

Bayerische Motoren Werke AG 334

BMW Motorrad, see Bayerische Motoren Werke

Brembo SpA 336

Bridgestone Corporation 338

China Jialing Industrial Company Limited 340

Chongqing Jianshe Motorcycle Company Limited 341

Chongqing Yinxiang Motorcycle Group Company Limited 342

Chongqing Yujiang Die-Casting Company Limited 343

Chongqing Zongshen Power Machinery Company Limited 344

Continental AG 345

Cooper Tire & Rubber Company 348

Daelim Industrial Company Limited 349

Dayun Group Company Limited 351

Ducati Motor Holding, see Volkswagen

Edelbrock LLC 352

EnerSys 353

Exide Technologies 354

Giant Manufacturing Company Limited 356

Goodyear Tire & Rubber Company 357

Guangzhou Dayang Motorcycle, see Dayun Group

Haojue Holdings Company Limited 359

Harley-Davidson Incorporated 360

Hero MotoCorp Limited 362

Honda Motor Company Limited 363

Hong Leong Industries Berhad 365

Jiangmen Dachangjiang Group, see Haojue Holdings

Jiangsu Xinri E-Vehicle Company Limited 366

Jiangsu Yadea Technical Development Company Limited 367

Jinfei Holding Group Company Limited 368

Johnson Controls Incorporated 369

Kawasaki Heavy Industries Limited 371

Keihin Corporation 373

KTM AG 376

Kwang Yang Motor Company Limited 378

KYB Motorcycle Suspension, see Yamaha Motor

Lifan Industry Group Company Limited 380

Loncin Motor Company Limited 381

Luoyang North Enterprises Group Company Limited 382

Michelin Group 384

MITSUBA Corporation 386

Musashi Seimitsu Industry Company Limited 388

MV Agusta Motor SpA 390

Piaggio & C. SpA 392

Pirelli & C. SpA 394

Polaris Industries Incorporated 396

Russell Performance Products, see Edelbrock

S&S Cycle Incorporated 397

Sanyang Industry Company Limited 398

Scandinavian Brake Systems A/S 400

Suzuki Motor Corporation 401

Tianneng Power International Limited 403

Triumph Motorcycles Limited 404

Volkswagen AG 406

Wanfeng Auto Holding Group Company Limited 408

Yamaha Motor Company Limited 409

Zhejiang Wanfeng Auto Wheel, see Wanfeng Auto

Holding Group

Other Companies Mentioned in Study 413

LIST OF TABLES

SECTION I — EXECUTIVE SUMMARY

Summary Table 3

SECTION II — MARKET ENVIRONMENT

1 World Gross Domestic Product by Region 11

2 World Population by Region 13

3 World Urban Population by Region 15

4 World Households by Region 17

5 World Per Capita Gross Domestic Product by Region 19

6 World Motorcycle Production by Engine Type & Region 25

7 World Internal Combustion Engine Motorcycle Production

by Type & Region 29

8 World Electric Motorcycle Production by Type & Region 33

9 World Motorcycles in Use by Engine Type & Region 36

10 World Light Vehicle Demand by Region 40

11 Original Equipment Manufacturing Motorcycle Component

Cost by Region 51

SECTION III — WORLD SUPPLY & DEMAND

1 World Motorcycle Component Demand by Region 58

2 World Motorcycle Component Production by Region 61

3 World Motorcycle Component Net Exports by Region 63

4 World Motorcycle Demand by Market 65

5 World Original Equipment Manufacturing Motorcycle

Component Demand by Region 67

6 World Aftermarket Motorcycle Component Demand by Product

& Region 71

7 World Motorcycle Component Demand by Type 73

8 World Motorcycle Engine & Drivetrain Component Demand

by Product & Region 76

9 World Motorcycle Internal Combustion Engine & Parts Demand

by Region 79

10 World Motorcycle Electric Propulsion Motor Demand by Region 81

11 World Motorcycle Drivetrain Component Demand by Region 83

12 World Motorcycle Tire Demand by Market & Region 86

13 World Motorcycle Structural Component Demand by Product

& Region 89

14 World Motorcycle Wheel Demand by Region 91

15 World Motorcycle Frame Demand by Region 93

16 World Motorcycle Suspension Demand by Region 95

17 World Demand for Other Motorcycle Structural Components

by Region 96

18 World Motorcycle Electrical & Electronic Component Demand

by Product & Region 99

19 World Motorcycle Battery Demand by Market & Region 102

20 World Motorcycle Lighting Equipment Demand by Region 104

21 World Motorcycle Ignition System Demand by Region 106

22 World Demand for Other Motorcycle Electrical & Electronic

Components by Region 107

23 World Demand for Other Motorcycle Components by Product

& Region 110

24 World Motorcycle Brake Part Demand by Market & Region 112

25 World Motorcycle Filter Demand by Market & Region 114

26 World Motorcycle Exhaust & Emission System Parts Demand

by Region 116

27 World Demand for All Other Motorcycle Components

by Region 117

SECTION IV — NORTH AMERICA

1 North America: Motorcycle Component Supply & Demand 121

2 North America: Motorcycle Component Demand by Type 124

3 United States: Motorcycle Component Supply & Demand 128

4 United States: Motorcycle Component Demand by Type 131

5 Canada: Motorcycle Component Supply & Demand 134

6 Canada: Motorcycle Component Demand by Type 137

7 Mexico: Motorcycle Component Supply & Demand 141

8 Mexico: Motorcycle Component Demand by Type 144

SECTION V — WESTERN EUROPE

1 Western Europe: Motorcycle Component Supply & Demand 148

2 Western Europe: Motorcycle Component Demand by Type 152

3 Italy: Motorcycle Component Supply & Demand 156

4 Italy: Motorcycle Component Demand by Type 159

5 Germany: Motorcycle Component Supply & Demand 162

6 Germany: Motorcycle Component Demand by Type 165

7 Spain: Motorcycle Component Supply & Demand 168

8 Spain: Motorcycle Component Demand by Type 171

9 France: Motorcycle Component Supply & Demand 174

10 France: Motorcycle Component Demand by Type 177

11 United Kingdom: Motorcycle Component Supply & Demand 180

12 United Kingdom: Motorcycle Component Demand by Type 183

13 Other Western Europe: Motorcycle Component Supply

& Demand 186

14 Other Western Europe: Motorcycle Component Demand

by Type 189

SECTION VI — ASIA/PACIFIC

1 Asia/Pacific: Motorcycle Component Supply & Demand 193

2 Asia/Pacific: Motorcycle Component Demand by Type 196

3 China: Motorcycle Component Supply & Demand 200

4 China: Motorcycle Component Demand by Type 203

5 India: Motorcycle Component Supply & Demand 206

6 India: Motorcycle Component Demand by Type 209

7 Indonesia: Motorcycle Component Supply & Demand 213

8 Indonesia: Motorcycle Component Demand by Type 216

9 Japan: Motorcycle Component Supply & Demand 220

10 Japan: Motorcycle Component Demand by Type 223

11 Vietnam: Motorcycle Component Supply & Demand 227

12 Vietnam: Motorcycle Component Demand by Type 230

13 Thailand: Motorcycle Component Supply & Demand 233

14 Thailand: Motorcycle Component Demand by Type 236

15 Taiwan: Motorcycle Component Supply & Demand 239

16 Taiwan: Motorcycle Component Demand by Type 242

17 Pakistan: Motorcycle Component Supply & Demand 245

18 Pakistan: Motorcycle Component Demand by Type 248

19 Philippines: Motorcycle Component Supply & Demand 251

20 Philippines: Motorcycle Component Demand by Type 254

21 Malaysia: Motorcycle Component Supply & Demand 257

22 Malaysia: Motorcycle Component Demand by Type 260

23 South Korea: Motorcycle Component Supply & Demand 263

24 South Korea: Motorcycle Component Demand by Type 266

25 Other Asia/Pacific: Motorcycle Component Supply & Demand 270

26 Other Asia/Pacific: Motorcycle Component Demand by Type 273

SECTION VII — OTHER REGIONS

1 Central & South America: Motorcycle Component

Supply & Demand 277

2 Central & South America: Motorcycle Component Demand

by Type 280

3 Brazil: Motorcycle Component Supply & Demand 284

4 Brazil: Motorcycle Component Demand by Type 287

5 Other Central & South America: Motorcycle Component

Supply & Demand 290

6 Other Central & South America: Motorcycle Component

Demand by Type 293

7 Eastern Europe: Motorcycle Component Supply & Demand 297

8 Eastern Europe: Motorcycle Component Demand by Type 300

9 Africa/Mideast: Motorcycle Component Supply & Demand 304

10 Africa/Mideast: Motorcycle Component Demand by Type 307

SECTION VIII — INDUSTRY STRUCTURE

1 Motorcycle Component Sales by Company, 2012 311

2 Selected Cooperative Agreements 324

3 Selected Acquisitions & Divestitures 328

LIST OF CHARTS

SECTION II — MARKET ENVIRONMENT

1 Typical Motorcycle Market Transition Points for Selected

Countries, 2012 22

2 World Motorcycle Production by Region, 2012 26

3 World Motorcycles in Use by Region, 2012 37

SECTION III — WORLD SUPPLY & DEMAND

1 World Motorcycle Component Demand by Region, 2012 59

2 World Motorcycle Component Production by Region, 2012 62

3 World Original Equipment Manufacturing Motorcycle

Component Demand by Region, 2012 68

4 World Aftermarket Motorcycle Component Demand

by Region, 2012 72

5 World Motorcycle Component Demand by Type, 2002-2022 74

6 World Motorcycle Engine & Drivetrain Component Demand

by Region, 2012 77

7 World Motorcycle Tire Demand by Region, 2012 87

8 World Motorcycle Structural Component Demand

by Region, 2012 90

9 World Motorcycle Electrical & Electronic Component Demand

by Region, 2012 100

10 World Demand for Other Motorcycle Components

by Region, 2012 111

SECTION IV — NORTH AMERICA

1 North America: Motorcycle Component Demand

by Type, 2012 125

SECTION V — WESTERN EUROPE

1 Western Europe: Motorcycle Component Demand

by Type, 2012 153

SECTION VI — ASIA/PACIFIC

1 Asia/Pacific: Motorcycle Component Demand by Type, 2012 197

SECTION VII — OTHER REGIONS

1 Central & South America: Motorcycle Component Demand

by Type, 2012 281

2 Eastern Europe: Motorcycle Component Demand

by Type, 2012 301

3 Africa/Mideast: Motorcycle Component Demand

by Type, 2012 308

SECTION VIII — INDUSTRY STRUCTURE

1 World Motorcycle Component Market Share, 2012 314

Read the full report:

World Motorcycle Components Market

http://www.reportbuyer.com/automotive/motorcycles/world_motorcycle_components_market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Motorcycle

For more information:

Sarah Smith

Research Advisor at Reportbuyer.com

Email: query@reporbuyer.com

Tel: +44 208 816 85 48

Website: http://www.reportbuyer.com

For the original version on PRWeb visit: http://www.prweb.com/releases/2013/9/prweb11130948.htm


Source: prweb