The global Motorcycle Supercharger Market is estimated to be valued at US$9.80 Bn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Motorcycle superchargers increase the power and performance of motorcycles by forcing more fuel and air into the engine cylinders. They improve throttle response and increase torque at lower RPMs. This allows motorcycles to accelerate quicker and achieve higher top speeds.
Market key trends:
One of the key trends in the motorcycle supercharger market is the rising popularity of electric motorcycles. As environmental concerns regarding vehicular emissions increase, many consumers are switching to electric vehicles. Electric motorcycles do not require gasoline and produce zero direct emissions. While they are currently more expensive than gas-powered motorcycles, declining battery prices and improving technology is making electric motorcycles more affordable and practical for daily use. This growing demand for electric motorcycles will drive the need for new performance-enhancing products like electric superchargers.
Segment Analysis
The global Motorcycle Supercharger market is dominated by the performance segment, accounting for over 60% share in 2023. Motorcycle superchargers offer enhanced performance in high-end sports bikes with increased horsepower and torque output. The need for high power and acceleration among avid riders has boosted the demand for superchargers in performance bikes.
Key Takeaways
The global Motorcycle Supercharger market is expected to witness high growth, exhibiting CAGR of 5.3% over the forecast period, due to increasing demand for high-performance bikes featuring enhanced acceleration capabilities.
Regional analysis
Asia Pacific dominated the global market in 2023 and is expected to maintain its leading position during the forecast period owing to the large customer base and rising sales of sports bikes in countries such as China, India and Japan. North America is projected to showcase significant growth due to increased spending on luxury and high-end bikes in the US and Canada.
Key players
Key players operating in the Motorcycle Supercharger are Ducati, Kawasaki Motors Corporation, Honda Motor Company, Rotrex, Bimota, S Charger, ProCharger Superchargers, and Aerocharger. Ducati and Kawasaki have established themselves as prominent brands with a wide product portfolio and global footprint.
The global Motorcycle Supercharger market size is US$9.80 billion in 2023.
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