Market Challenges And Opportunities

Reduction in performance lag and easy installation will provide substantial boost the consumer inclination towards these solutions

One of the major benefits of these solutions is the reduction of the performance lag, owing to the direct connection of the superchargers to the engine crankshaft. Moreover, these can provide acceleration from a very low rpm and do not require hefty tunings. Easy deployment of these solutions owing to fewer components and simpler device integration are expected to provide the required market traction over the forecast period. However, additional incorporation of exhaust modifications that includes additional oil lines and intercoolers makes the incorporation relatively complex.

Rising number of bike accidents, owing to over-speeding and lack of control is expected to hinder the overall industry growth

According to National Highway Traffic State Administration (NHTSA), 4976 people died in bike crashes, which was around 8.3% increase over the 2014 stats. According to our insights, owing to the increasing number of vehicle owners, motorcyclists are 25X more likely to die in a road accident in comparison to a passenger car user. Increasing concerns regarding the road safety among the consumer is expected to present major growth challenge over the forecast period.