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The demand for two-wheelers is increasing in APAC, owing to various factors such as better conditions, increasing urbanization, and increasing acceptance of two-wheelers by women. The demand for two-wheelers is also supported by the reducing fuel prices and customer-friendly interest rates for purchasing a vehicle. As per a study, India replaced China as the top two-wheelers manufacturer in the world after selling close to 17.5 million motorcycles during 2016-17. Therefore, the rise in demand for motorcycles in APAC countries will drive the growth in the motorcycle handle grip market.
“The rapid growth in sales and strong market position can also be attributed to strategic partnerships of local manufacturers with international motorcycle manufacturers. Such considerable growth prospects for the motorcycle market can be corelated with the sales of motorcycle handle grips,” says a senior research analyst at Technavio for the automotive components industry.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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