Global Two-Wheeler Handlebars Market Size, Trends, By Type (Motorcycles, Standard, Cruiser, Sports, Off-Road, Scooters, Maxi, Enclosed), By Material Type (Steel, Aluminum, Alloy), By Distribution Channel (Online, Offline) and By Region (North America, Latin America, Europe, Asia Pacific, Central America and Africa): Global Opportunity Analysis and Industry forecast, 2023-2030.
Global Two-Wheeler Handlebars Market
With a CAGR of 4.11 % from 2023 to 2030, the Global Two-Wheeler Handlebars Market is expected to grow from its estimated value of US$ 492.38 Mn in 2022 to US$ 719.38 Mn by 2030.
Two-wheelers have handlebars, which are a form of rod and a component of the steering system that enable the driver to control the two-wheeler. Handlebars come in a variety of styles, dimensions, and shapes. To give riders a comfortable and easy ride, manufacturers are adding handlebars to their vehicles. The handlebars have a variety of integrated parts, including as mirrors, light switch modules, the clutch, and the brake.
Market Drivers
The growth of tourism in the developing countries has an impact on the two-wheeler handlebars market as well. Increased traffic and tourist numbers have a beneficial impact on the market growth rate by driving up demand for two-wheeled vehicles like scooters and bikes.
Due to their significant emissions of nitrogen oxide, carbon monoxide, and other pollutants, passenger trucks and cars are the primary causes of air pollution. The market for two-wheeler handlebars is therefore anticipated to increase as a result of the growing demand for environmentally friendly transportation methods like bicycles.
The expansion of the global economy offers tremendous opportunity for the automobile and transportation sectors. The key market companies are putting more emphasis on applying cutting-edge technologies, which has increased demand for two-wheeled vehicles and for two-wheeler handlebars.
Due to consumers' increasing demand for electric or e-bikes, the industry is developing. These bikes are widely used because they are more compact, deliver faster speeds with less effort, and have positive health effects. The market for two-wheeler handlebars is being driven further by the increase in demand for these electric bikes for a variety of uses, including transportation on a daily basis and adventure.
Additionally, the availability of a well-established public transportation system in rural areas is decreasing, meeting the need for mobility in rural areas is increasing, there is an increased demand for motorcycles, and there are higher tax rates and selling prices for four-wheelers, all of which are significant factors that are anticipated to accelerate the growth of the two-wheeler handlebars market.
Market Restraints
One of the key factors limiting the growth of the two-wheeler handlebars market during the forecast period is the shortage of two-wheeler manufacturers, which drives up the cost of motorcycles and scooters and serves as a restriction.
Market Segmentation
The scope of the Global Two-Wheeler Handlebars Market covers segmentation based on By Type, By Material Type, By Distribution Channel and By Region.
By Type, the market is segmented into Motorcycles, Standard, Cruiser, Sports, Off-Road, Scooters, Maxi, Enclosed. By Material Type, the market is segmented into Steel, Aluminum, Alloy. By Distribution Channel, the market is segmented into Online, Offline.
Regional Analysis
The Global Two-Wheeler Handlebars Market is segmented into 5 main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Due to the region's growing middle class and rising two-wheeler sales, Asia-Pacific currently holds a monopoly on the global market for two-wheeler handlebars.
Due to the region's strict vehicle emission standards and rising two-wheeler usage, Europe is predicted to experience the fastest growth during the forecast period.
Key Players
Kohli Bullet Accessories, Renthal, FLANDERS Inc., J&P Cycles, Accell Group, Burleigh Bars, Dorel Industries, Hero Cycles Ltd, Shimano Inc., SRAM LLC.
Market Taxonomy
By Type
• Motorcycles
• Standard
• Cruiser
• Sports
• Off-Road
• Scooters
• Maxi
• Enclosed
By Material Type
• Steel
• Aluminum
• Alloy
By Distribution Channel
• Online
• Offline
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
Global Two-Wheeler Handlebars Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Two-Wheeler Handlebars Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Two-Wheeler Handlebars Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Two-Wheeler Handlebars Market Share Analysis, By Type
5.3 Global Two-Wheeler Handlebars Market Size and Forecast, By Type
5.3.1 Motorcycles
5.3.2 Standard
5.3.3 Cruiser
5.3.4 Sports
5.3.5 Off-Road
5.3.6 Scooters
5.3.7 Maxi
5.3.8 Enclosed
6 Global Two-Wheeler Handlebars Market, By Material Type
6.1 Y-o-Y Growth Comparison, By Material Type
6.2 Global Two-Wheeler Handlebars Market Share Analysis, By Material Type
6.3 Global Two-Wheeler Handlebars Market Size and Forecast, By Material Type
6.3.1 Steel
6.3.2 Aluminum
6.3.3 Alloy
7 Global Two-Wheeler Handlebars Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Two-Wheeler Handlebars Market Share Analysis, By Distribution Channel
7.3 Global Two-Wheeler Handlebars Market Size and Forecast, By Distribution Channel
7.3.1 Online
7.2.2 Offline
8 Global Two-Wheeler Handlebars Market, By Region
8.1 Global Two-Wheeler Handlebars Market Share Analysis, By Region
8.2 Global Two-Wheeler Handlebars Market Size and Forecast, By Region
8.3 Global Two-Wheeler Handlebars Market Trends and Forecast, By Region
9 North America Two-Wheeler Handlebars Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Two-Wheeler Handlebars Market Share Analysis, By Type
9.3 North America Two-Wheeler Handlebars Market Size and Forecast, By Material Type
9.4 North America Two-Wheeler Handlebars Market Size and Forecast, By Distribution Channel
9.5 North America Two-Wheeler Handlebars Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Type
9.5.1.2 Market Size and Forecast, By Material Type
9.5.1.3. Market Size and Forecast, By Distribution Channel
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Type
9.5.2.2 Market Size and Forecast, By Material Type
9.5.2.3. Market Size and Forecast, By Distribution Channel
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Type
9.5.3.2 Market Size and Forecast, By Material Type
9.5.3.3. Market Size and Forecast, By Distribution Channel
10 Europe Two-Wheeler Handlebars Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Two-Wheeler Handlebars Market Share Analysis, By Type
10.3 Europe Two-Wheeler Handlebars Market Size and Forecast, By Material Type
10.4 Europe Two-Wheeler Handlebars Market Size and Forecast, By Distribution Channel
10.5 Europe Two-Wheeler Handlebars Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Type
10.5.1.2 Market Size and Forecast, By Material Type
10.5.1.3. Market Size and Forecast, By Distribution Channel
10.5.2 France
10.5.2.1. Market Size and Forecast, By Type
10.5.2.2 Market Size and Forecast, By Material Type
10.5.2.3. Market Size and Forecast, By Distribution Channel
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Type
10.5.3.2 Market Size and Forecast, By Material Type
10.5.3.3. Market Size and Forecast, By Distribution Channel
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Type
10.5.4.2 Market Size and Forecast, By Material Type
10.5.4.3. Market Size and Forecast, By Distribution Channel
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Type
10.5.5.2 Market Size and Forecast, By Material Type
10.5.5.3. Market Size and Forecast, By Distribution Channel
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Type
10.5.6.2 Market Size and Forecast, By Material Type
10.5.6.3. Market Size and Forecast, By Distribution Channel
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Type
10.5.7.2 Market Size and Forecast, By Material Type
10.5.7.3. Market Size and Forecast, By Distribution Channel
11 Asia Pacific Two-Wheeler Handlebars Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Two-Wheeler Handlebars Market Share Analysis, By Type
11.3 Asia Pacific Two-Wheeler Handlebars Market Size and Forecast, By Material Type
11.4 Asia Pacific Two-Wheeler Handlebars Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Two-Wheeler Handlebars Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Type
11.5.1.2 Market Size and Forecast, By Material Type
11.5.1.3. Market Size and Forecast, By Distribution Channel
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Type
11.5.2.2 Market Size and Forecast, By Material Type
11.5.2.3. Market Size and Forecast, By Distribution Channel
11.5.3 India
11.5.3.1. Market Size and Forecast, By Type
11.5.3.2 Market Size and Forecast, By Material Type
11.5.3.3. Market Size and Forecast, By Distribution Channel
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Type
11.5.4.2 Market Size and Forecast, By Material Type
11.5.4.3. Market Size and Forecast, By Distribution Channel
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Type
11.5.5.2 Market Size and Forecast, By Material Type
11.5.5.3. Market Size and Forecast, By Distribution Channel
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Type
11.5.6.2 Market Size and Forecast, By Material Type
11.5.6.3. Market Size and Forecast, By Distribution Channel
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Type
11.5.7.2 Market Size and Forecast, By Material Type
11.5.7.3. Market Size and Forecast, By Distribution Channel
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Type
11.5.8.2 Market Size and Forecast, By Material Type
11.5.8.3. Market Size and Forecast, By Distribution Channel
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Type
11.5.9.2 Market Size and Forecast, By Material Type
11.5.9.3. Market Size and Forecast, By Distribution Channel
12 Latin America Two-Wheeler Handlebars Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Two-Wheeler Handlebars Market Share Analysis, By Type
12.3 Latin America Two-Wheeler Handlebars Market Size and Forecast, By Material Type
12.4 Latin America Two-Wheeler Handlebars Market Size and Forecast, By Distribution Channel
12.5 Latin America Two-Wheeler Handlebars Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1. Market Size and Forecast, By Type
12.5.1.2 Market Size and Forecast, By Material Type
12.5.1.3. Market Size and Forecast, By Distribution Channel
12.5.2 Argentina
12.5.2.1. Market Size and Forecast, By Type
12.5.2.2 Market Size and Forecast, By Material Type
12.5.2.3. Market Size and Forecast, By Distribution Channel
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Type
12.5.3.2 Market Size and Forecast, By Material Type
12.5.3.3. Market Size and Forecast, By Distribution Channel
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Type
12.5.4.2 Market Size and Forecast, By Material Type
12.5.4.3. Market Size and Forecast, By Distribution Channel
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Type
12.5.5.2 Market Size and Forecast, By Material Type
12.5.5.3. Market Size and Forecast, By Distribution Channel
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Type
12.5.6.2 Market Size and Forecast, By Material Type
12.5.6.3. Market Size and Forecast, By Distribution Channel
12.5.7. rest of Latin America
12.5.7.1. Market Size and Forecast, By Type
12.5.7.2 Market Size and Forecast, By Material Type
12.5.7.3. Market Size and Forecast, By Distribution Channel
13 Middle East Two-Wheeler Handlebars Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Two-Wheeler Handlebars Market Share Analysis, By Type
13.3 Middle East Two-Wheeler Handlebars Market Size and Forecast, By Material Type
13.4 Middle East Two-Wheeler Handlebars Market Size and Forecast, By Distribution Channel
13.5 Middle East Two-Wheeler Handlebars Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Type
13.5.1.2 Market Size and Forecast, By Material Type
13.5.1.3. Market Size and Forecast, By Distribution Channel
13.5.2 UAE
13.5.2.1. Market Size and Forecast, By Type
13.5.2.2 Market Size and Forecast, By Material Type
13.5.2.3. Market Size and Forecast, By Distribution Channel
13.5.3 Egypt
13.5.3.1. Market Size and Forecast, By Type
13.5.3.2 Market Size and Forecast, By Material Type
13.5.3.3. Market Size and Forecast, By Distribution Channel
13.5.4 Kuwait
13.5.4.1. Market Size and Forecast, By Type
13.5.4.2 Market Size and Forecast, By Material Type
13.5.4.3. Market Size and Forecast, By Distribution Channel
13.5.5 South Africa
13.5.5.1 Market Size and Forecast, By Type
13.5.5.2 Market Size and Forecast, By Material Type
13.5.5.3 Market Size and Forecast, By Distribution Channel
13.5.5 Rest of Middle East & Africa
13.5.6.1 Market Size and Forecast, By Type
13.5.6.2 Market Size and Forecast, By Material Type
13.5.6.3 Market Size and Forecast, By Distribution Channel
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Kohli Bullet Accessories
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Renthal
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. FLANDERS Inc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 J&P Cycles
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Accell Group
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 C Burleigh Bars
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 I.G. Dorel Industries
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Hero Cycles Ltd
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Shimano Inc
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 SRAM LLC.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies