DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Motorcycle Shift Rearset Market 2017-2021" report to their offering.
The analysts forecast the global motorcycle shift rearset market to grow at a CAGR of 12.47% during the period 2017-2021.
Global Motorcycle Shift Rearset Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Commenting on the report, an analyst from the research team said: One trend in the market is growing demand for altering riding position and increasing ground clearance. Rearsets are ideal for altering the riding position and increasing ground clearance in sports motorcycles. Since the foot pegs offered by OEMs are positioned very low, the rider has to sit upright when riding the motorcycle.
According to the report, one driver in the market is growth in sports motorcycles segment pushing demand for rearsets. The aftermarket segment contributes the highest to the motorcycle shift rearset market. The demand for rearsets by sports motorcycle owners drives the growth in the segment. Rearsets are widely used in sports motorcycles as these provide space for cornering and improve comfort. This segment will witness the highest adoption of these devices during the forecast period.
Further, the report states that one challenge in the market is cheap Chinese rearsets are giving tough competition. Rearsets are expensive add-on components that offer better comfort and stability to the rider on the open road. The benefits offered by these devices led to the wide adoption in racing and on-road sports motorcycles. However, the high price ($300-$550) prevents the price-sensitive customers from purchasing them.
- Vortex Racing
- Woodcraft Technologies
- SATO RACING
Other prominent vendors
- GILLES TOOLING
- ITR Motor Sport
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-users
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trend
Part 11: Vendor landscape
Part 12: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/7gd3kn/global_motorcycle