Motorcycle Handle Grip

Motorcycle Handle Grip

Global Motorcycle Handle Grip Market to Reach US$1.6 Billion by 2030

The global market for Motorcycle Handle Grip estimated at US$899.8 Million in the year 2023, is expected to reach US$1.6 Billion by 2030, growing at a CAGR of 8.4% over the analysis period 2023-2030. Commuter & Mid-Premium End-Use, one of the segments analyzed in the report, is expected to record a 8.1% CAGR and reach US$864.1 Million by the end of the analysis period. Growth in the Premium End-Use segment is estimated at 8.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$235.9 Million While China is Forecast to Grow at 11.3% CAGR

The Motorcycle Handle Grip market in the U.S. is estimated at US$235.9 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$352.7 Million by the year 2030 trailing a CAGR of 11.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.5% and 6.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR.

Global Motorcycle Handle Grip Market - Key Trends & Drivers Summarized

What Are Motorcycle Handle Grips and How Do They Impact Riding Comfort and Safety?

Motorcycle handle grips are key components that directly interface with the rider, providing control and comfort while riding. These grips are designed to fit onto the handlebars of the motorcycle and are made from various materials such as rubber, leather, or advanced composites that can offer improved grip and vibration damping. Quality handle grips enhance rider comfort by reducing hand fatigue and increasing the control over the motorcycle, especially under challenging riding conditions. Additionally, handle grips can be equipped with heating elements to enhance comfort in cold weather, making them essential for long-distance riders and those in colder climates.

How Are Innovations in Materials and Design Enhancing Handle Grips?

Innovations in materials and ergonomic design are significantly enhancing the functionality of motorcycle handle grips. The use of advanced polymers and composites in grip construction helps improve durability and comfort, providing better vibration absorption and grip in various weather conditions. Ergonomically designed grips conform more precisely to the shape of riders` hands, reducing strain and increasing control. Moreover, the incorporation of adjustable heating technologies within the grips has become a popular feature, enhancing rider comfort in cold weather by maintaining optimal hand temperature, thus preventing stiffness and loss of control.

What Trends Influence the Motorcycle Handle Grip Market?

The trend towards more personalized and comfortable riding experiences is a significant influence on the motorcycle handle grip market. Riders are increasingly looking for ways to upgrade their motorcycles not only for aesthetic reasons but also for enhanced comfort and functionality. This consumer behavior drives demand for high-quality, ergonomically designed handle grips that can be customized in terms of materials, textures, and colors. Additionally, the growing popularity of motorcycle touring and the increase in motorcycle use in colder regions support the demand for specialized grips, such as those with heating functions.

What Drives the Growth in the Motorcycle Handle Grip Market?

The growth in the motorcycle handle grip market is driven by several factors, including the increasing number of motorcycles being used for daily commuting and long-distance touring, which emphasizes the need for greater comfort and control. Innovations that offer enhanced grip performance and added features like heating are particularly influential. Additionally, the rising trend of customizing motorcycles to suit individual tastes and the need for replacement grips due to wear and tear also contribute to market growth. As motorcycles continue to serve both utilitarian and recreational purposes globally, the demand for high-quality handle grips is expected to remain strong.

Select Competitors (Total 46 Featured) -

• Grab on Grips, LLC
• Harley-Davidson, Inc.
• J&P Cycles
• KTM AG
• Mighty Grip
• Polini Motori S.P.A.
• Seido DE s.r.l.
• Selle San Marco S.R.L.
• Wing Bikes Inc

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