About Motorcycle Fenders
Motorcycle fenders are little tyre-covering frames attached to the two-main wheeler's chassis or suspension. Their aim is to prevent dirt and filth from being spattered onto the tyres while they are in motion, as well as to protect the tyres from external harm. In addition to their basic role as tyre guards, Motorcycle fenders developed nowadays serve an aesthetic purpose with eye-catching designs and finishes. Additionally, in order to lower the overall weight of motorcycle, producers try to employ lightweight, durable materials to create two wheeler fenders. Motorcycle fenders are extremely adjustable, prompting end users to replace them on a regular basis, creating substantial aftermarket market potential.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The demand for motorcycle fenders is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Puig, Vintage Steel, Acerbis S.p.A. and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders such as Puig, Vintage Steel, Acerbis S.p.A. demonstrate a market-defining vision of how motorcycle fenders can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Motorcycle Fenders market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Puig (Spain), Vintage Steel (Australia), Acerbis S.p.A. (Italy), Arlen Ness (United States), RevZilla (United States), TST Industries (United States), J&P Cycles (United States), Dennis Kirk (United States), Reliant Industries (India) and Satyam Auto Components (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Roland Sands Design United States), Easyriders, Inc. (United States), Lowbrow Customs (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Motorcycle Fenders market by Type (Front Fender and Rear Fender), Application (Street Motorcycles, Off-Road Motorcycles, Dual Purpose Motorcycles, Cruiser, Sports bikes and Others) and Region.
On the basis of geography, the market of Motorcycle Fenders has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Original Equipment Manufacturer (OEM) will boost the Motorcycle Fenders market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Steel will boost the Motorcycle Fenders market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Development of Motorcycle Fenders for Electric Motorcycle
Market Growth Drivers:
Increasing Consumer Preference for Bikes as a Private Transportation and Rising Number of Attractive and Low Fuel Consumption Variants of Motorcycles
Challenges:
High Competition among Established Players
Restraints:
Rising Cost of Raw Material and Fluctuations in Supply and Demand Share Due to Enforcement of Stringent Lockdown Measures
Opportunities:
Increasing Opportunities in Asia Pacific Regions and Growing Automotive Aftermarket Industry is expected to propel the Market Growth
Market Leaders and their expansionary development strategies
In November 2021, Fender acquired Presonus in a move that could have a huge impact on the recording industry world. Fender Musical Instruments Corporation (FMIC) is currently the largest manufacturer of musical instruments worldwide and as a household name in music for over 75 years, it seems this acquisition will offer diversification and specialization in new areas. Based in Baton Rouge, Louisiana, PreSonus Audio Electronics, Inc. has been a steady innovator in recording and live music solutions since the mid-90s.
In February 2022, Yamaha Motor (IYM) Pvt Ltd. announced the launch of the 2023 version of FZS-Fi V4 Deluxe, FZ-X, MT-15 V2 Deluxe and R15M with an enticing new appeal, and class-leading features.
Key Target Audience
Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Traders/Suppliers & Distributors, Motorcycle Fender Manufactures, Raw Material Suppliers, End-use industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.