Press Release

Global Two Wheeler Hand Hold Market to be dominated by Asia-pacific region till 2026

Rising safety concerns and the flourishing automotive industry is expected to drive the demand for global two-wheeler hand hold market for the forecast period.

According to TechSci Research report, Two-Wheeler Hand Hold Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026

Segmented By Vehicle Type (Scooter/Moped and Motorcycle), By Demand Category (OEM vs Replacement) and By Region”, the global two-wheeler hand hold market is expected to witness a growth of significant CAGR for the forecast period, 2022-2026. The hand hold in the two-wheeler automobiles provides extra support to the rider and the passenger and enables them to better grip the two-wheeler vehicle while driving. Hand hold is added in the two-wheeler vehicles to enhance the rider and passenger's comfort and convenience to provide a better experience for the riders. Availability of hand hold products through online channels is expected to contribute to the market growth significantly. The market players offer facilities like easy pick-up and delivery options, online payment gateways to attract more customers and expand the consumer base is expected to influence the global two-wheeler hand hold market growth for the next five years. Increase in the working woman population is fueling the demand for scooter as it has higher space capacity and is comfortable to ride due to the presence of wider seat. Implementation of strict policies and regulations to reduce the occurrence of traffic congestion and emissions by the leading authorities are influencing the customers to opt for small-sized, compact two-wheeler vehicles, thereby accelerating the sales of two-wheeler automobiles. The growing income of the middle-class families and the improving living standards of the people enable them to afford two-wheelers equipped with safety features and equipment, thereby influencing the demand of the global two-wheeler hand hold market. With the onset of COVID-19, people have started avoiding traveling through public transportation and started preferring to travel in privately owned vehicles. Manufacturers of two-wheeler vehicles are making high-end investments in research and development activities to attract more customers. The introduction of motorcycles equipped with advanced features such as larger fuel tanks, bucket seats, hand holds, unique horns, high mileage is expected to create lucrative opportunities for the global two-wheeler market growth.

Browse XX Figures spread through 110 Pages and an in-depth TOC on "Global Two-Wheeler Hand Hold Market”.

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Global two-wheeler hand hold market is segmented into vehicle type, demand category, regional distribution, and company. Based on vehicle type, the market is divided into scooter/moped and motorcycle. The motorcycle segment is expected to account for major market share for the forecast period, 2022-2026. The growing demand for motorcycles due to the surging expenditure capacity and the rise in the youth population is influencing the demand for the two-wheeler hand hold market. No additional support present in the luxury motorbikes puts the passenger at risk and therefore requires the hand hold in the two-wheeler automobiles. A motorcycle offers higher mileage than a scooter and is preferred to travel long distances. Adoption of advanced technologies by the motorcycle market players is boosting the market growth, such as the invention of an anti-lock braking system is increasing the sales of motorbikes. Based on the demand category, the market is divided into OEM and replacement. The OEM segment is expected to dominate the global two-wheeler hand hold market share for the next five years. The products made available by the OEMs have quality and offer warranties to attract more customers.

Dongguan Hongyi Carbon Fiber Technological Co., Ltd., SZ Motorcycle Industries Ltd., Neco Technology Industry Co., Ltd., Appleton's Custom Bars, Inc., Fasst Company are the leading players operating in global two-wheeler hand hold market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several two-wheeler hand hold manufacturers are coming up with their technologically advanced offerings.

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“The growing awareness of the consumers towards the high pollution levels and the effect of harmful emission pollutants into the environment is increasing the demand for electric vehicles across the globe. The increasing adoption of two-wheeler electric vehicles for commuting purposes and the rise in initiatives taken by the leading authorities of developing countries to boost the sales of electric vehicles are influencing the market growth.  The development of the battery infrastructure across the globe is encouraging the automotive manufacturers to launch two-wheelers equipped with additional facilities, including the presence of hand holds to attract more customers. With the growing sales of two-wheeler automobiles and the increasing efforts of market players to launch two-wheelers equipped with hand hold to boost the sales of consumers is expected to propel the global two-wheeler hand hold market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Two-Wheeler Hand Hold Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026

Segmented By Vehicle Type (Scooter/Moped and Motorcycle), By Demand Category (OEM vs Replacement) and By Region” has evaluated the future growth potential of global two-wheeler hand hold market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global two-wheeler hand hold market.

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Two Wheeler Hand Hold Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026 Segmented By Vehicle Type (Scooter/Moped and Motorcycle), By Demand Category (OEM vs Replacement) and By Region

Automotive | Oct, 2021

Rising safety concerns and the flourishing automotive industry is expected to drive the demand for global two-wheeler hand hold market for the forecast period.

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