Motorcycle Supercharger Market is Estimated to Witness High Growth Owing to Rising Demand from High-Performance Sports B

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The 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 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

The motorcycle supercharger market involves products that help increase the power output of motorcycles through forced induction. Superchargers assist in compressing the intake air thereby increasing the power output of the engine. They are majorly used in high-performance sports bikes that require higher horsepower. Key manufacturers offer supercharger kits that can be installed on various popular motorcycle brands to boost performance.

Market Dynamics:

The global motorcycle supercharger market is primarily driven by the rising demand for high-power sports bikes across the world. There is a growing enthusiasm among riders towards modifying and tuning their bikes for enhanced riding experience. Supercharger kits help extract more power from the existing engines through forced induction. Additionally, increasing disposable incomes and spending capabilities of consumers on leisure activities like motorcycle racing and sports riding are also propelling the demand for high-performance components like superchargers. However, high installation and maintenance costs associated with superchargers remain a major challenge for widespread adoption.

SWOT Analysis

Strength: The Motorcycle Supercharger market has high growth potential due to increasing sales of high-performance motorcycles globally. Superchargers help enhance motorcycle engines' power output and acceleration capabilities. Many manufacturers offer supercharger kits that are easy to install and compatible with different motorcycle models.

Weakness: High costs associated with motorcycle superchargers can restrain their adoption rate among price-sensitive customers. Installation of superchargers also requires modifications in motorcycles' intake and exhaust systems. This complexity in fitting superchargers extends the time and labor involved.

Opportunity: Advancements in supercharger design led to compact systems with higher efficiency. This has increased feasibility of incorporating superchargers in diverse motorcycle categories. Growing demand for customized high-performance motorcycles also opens new avenues.

Threats: Stringent emission regulations pose challenges for supercharged engines to comply with. Economic slowdowns can decrease discretionary spending on enhanced performance motorcycles.

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 sales of luxury and sports motorcycles globally. Production and sales of high-capacity bikes have surged notably in Asia Pacific and North America in recent years. This trend is anticipated to boost uptake of superchargers as a popular upgrade for enhanced acceleration and power output.

Regional analysis: Asia Pacific dominates the global market and is projected to maintain its lead through 2030. Countries like India, China, and Japan have emerged as major markets due to growing middle-class population and rising living standards. Asia Pacific is estimated to account for over 40% value share in the global Motorcycle Supercharger market by 2030. North America also demonstrates healthy growth aided by surging sales of powerful cruiser and sports motorcycles in the US.

Key players operating in the Motorcycle Supercharger market are Ducati, Kawasaki Motors Corporation, Honda Motor Company, Rotrex, Bimota, S Charger, ProCharger Superchargers, and Aerocharger. Ducati and Kawasaki have established their supremacy in the high-performance motorcycle segments. Meanwhile, aftermarket companies like Rotrex, ProCharger Superchargers and Aerocharger offer a wide variety of bolt-on supercharger systems for multiple bike models worldwide.

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