Global Motorcycle Handlebar Control Switch Strategic Business Report 2023: Growing Number of 'Born-Again' Middle Aged Bikers Fuels the Sector

Dublin, June 19, 2023 (GLOBE NEWSWIRE) -- The "Motorcycle Handlebar Control Switch: Global Strategic Business Report" report has been added to's offering.

The global market for Motorcycle Handlebar Control Switch estimated at US$545.4 Million in the year 2022, is projected to reach a revised size of US$840.9 Million by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030.

Commuter, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$539.8 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Mid-Segment segment is readjusted to a revised 6.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $7.4 Million, While China is Forecast to Grow at 5.8% CAGR

The Motorcycle Handlebar Control Switch market in the U.S. is estimated at US$7.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$151.3 Million by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$566.8 Million by the year 2030.

Select Competitors (Total 248 Featured) -

  • 12vtechnology LLC
  • Bombardier Recreational Products Inc.
  • Honeywell International Inc.
  • J&P Cycles, Inc.
  • K & S Technologies Inc.
  • KiWAV International Inc.
  • Minda Industries Ltd.
  • ZF Friedrichshafen AG

Key Attributes:

Report AttributeDetails
No. of Pages641
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$545.4 Million
Forecasted Market Value (USD) by 2030$840.9 Million
Compound Annual Growth Rate5.6%
Regions CoveredGlobal

Key Topics Covered:




  • Impact of COVID-19 Pandemic and Looming Global Recession
  • 2020 Marked as a Year of Disruption & Transformation
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Motorbikes Enjoy Unbelievable Boom amid COVID-19 Crisis
  • COVID-19 Outbreak Impacts Motorcycle Production, Driving Down Revenues for Manufacturers
  • Supply Vacuum & Future Course
  • Motorcycles: From Specter of Collapse to Sudden Spike in Sales amid COVID-19
  • Motorcycle Handlebar Control Switch - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Motorcycles: A Way of Life & Attitude
  • Key Factors Influencing the Motorcycles, Scooters and Mopeds Market: On a Scale 1-10 (10 - High Impact; 1 - Low Impact)
  • Motorcycle Handlebars: A Prelude
  • An Introduction to Motorcycle Handlebar Control Switches
  • Global Market Prospects and Outlook
  • Commuter Motorcycles: The Largest Segment
  • Developing Economies to Spearhead Future Growth



  • Rise in Volume Sales of Motorcycles: A Major Indicator of Market Growth
  • Global Motorcycles, Scooters and Mopeds Market: Annual Sales in Thousand Units by Geographic Region/Country for the Years 2020 and 2027
  • Global Powered Two-Wheeler Market: Penetration Rate in Select Countries for 2019
  • Notable Trends Influencing Sales of Motorcycles Worldwide
  • Convenient Features, Economic & Environmental Benefits
  • Growing Traffic Congestion
  • Rise in Female Two-Wheeler Riders
  • Growing Number of 'Born-Again' Middle Aged Bikers
  • Replacement Demand: A Lucrative Opportunity
  • Changing Consumer Preferences Amidst Urbanization Trend
  • World Urban Population in Thousands: 1950-2050P
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • As Technology Grows Leaps & Bounds, Motorcycle of Future Moves from the World of Science Fiction to Reality
  • Long-Term Gains for Handlebar Control Switches as Motorcycle Makers Eye on Electric Bicycles
  • Growing Electrification of Motorcycle Controls and Systems to Boost Market Growth
  • Market Poised to Benefit from the Development of Custom Control Switches Modules
  • Integration of More Functionalities into Handlebar Control Switches to Drive Market
  • Growing Prominence of Illuminated Handlebar Control Switches
  • Rider Blast for Small-Displacement Motorcycles Bodes Well for Handlebar Control Switches Market
  • The Outdated Handlebar is Ripe for Interesting Ergonomic & Functional Improvements
  • As AHOs Become Mandatory for Two-Wheelers in Few Nations, Handlebar Switch Controls Witness Changes
  • Innovations and Advancements in Handlebar Control Switches to Present Growth Opportunities
  • Motorcycle Handlebar Gets Interesting Facelift with New/Standard Controls & Switches
  • Custom Latching Switches for Turn Signals
  • Android Auto Gets Revved Up with Support from Harley-Davidson Motorcycles
  • Robust Gains for Voice Assistants




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Global Market for Motorcycle Handlebar Control Switch

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