PowerSports Business August 2023 | Page 13

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FOR EACH OF THE CATEGORIES , PLEASE INDICATE YOUR PREFERENCES FOR PURCHASING OEM OR AFTERMARKET PARTS
Engine Components
23.7 %
5.1 %
71.2 %
Exhaust Systems
6.3 %
46.1 %
47.6 %
Suspension Parts
5.4 %
43.7 %
50.9 %
Braking Systems
13.9 %
26.5 %
59.7 %
Tires and Wheels
9.3 %
37.2 %
53.2 %
0.3 %
Electrical Systems
7.6 %
36.9 %
55.4 %
Body & Frame Parts
12.2 %
23.2 %
64.6 %
Transmission and Drivetrain
18.2 %
21.2 %
59.8 %
0.8 %
Fuel Systems
24.1 %
20.4 %
55.6 %
Lighting Equipment
6.3 %
35.1 %
58.6 %
Accessories & Cosmetics
5.9 %
26.6 %
67.4 %
Performance Tuning Parts
7.2 %
54.6 %
37.5 %
0.7 %
Maintenance Tools & Equipment
1.2 %
49.1 %
48.8 %
0.9 %
Other
9.5 %
42.9 %
42.9 %
4.8 %
Source : Powersports Business
0 % 10 % 20 % 30 % 40 % 50 % 60 % 70 % 80 % 90 % 100 % I prefer to buy ONLY OEM parts I prefer to buy ONLY aftermarket parts
I prefer to buy BOTH OEM or aftermarket parts Other
Interstate , Energizer , Shorai , and Odyssey . Quality perception aligned with brand recognition , with Yuasa and Odyssey perceived as having the highest quality . When it comes to spending , 57 % of respondents would prefer to spend between $ 100 and $ 149 on a new motorcycle battery , with 22 % willing to spend between $ 150 and $ 199 . The majority of respondents ( 40 %) replace their battery every three to four years , indicating a significant recurring investment in this category . TIRES The survey found high brand awareness for motorcycle tires . Dunlop , Michelin , and Bridgestone topped the list of recognized brands , with Michelin , Dunlop , and Pirelli being perceived as offering superior quality . Dunlop was the clear winner when it came to current tire installations . Price , availability , and reviews were the main deciding factors when choosing a tire brand , underscoring the balance consumers seek between cost , convenience , and performance .
HELMETS In the world of helmets , Bell , Shoei , and Arai were the most recognizable brands . Arai , Schuberth , and Shoei were perceived as the highest-quality brands . Notably , despite the perception of quality , HJC was the most frequently worn brand among respondents , followed by Shoei and Bell . This suggests that while brand recognition and perceived quality are important , other factors , potentially price and design , play a crucial role in the final purchase decision .
EXHAUST SYSTEMS Among the exhaust system brands , Vance & Hines Exhausts , Cobra , and S & S were the most recognized . However , when it came to perceived quality , Akrapovic , Yoshimura , Vance & Hines , and Rinehart topped the list . The most owned brand in this category was Vance & Hines , suggesting that brand recognition and perceived
See Consumer Insights , Page 14
HOW MUCH HAVE YOU SPENT IN TOTAL FOR THE FOLLOWING CATEGORIES OF PARTS FOR THE CURRENT MOTORCYCLE ( S ) YOU OWN ?
Engine Components
12.1 %
10.3 %
17.2 %
22.4 %
15.5 %
10.3 %
12.1 %
Exhaust Systems
11.3 %
1.5 %
26.1 %
38.4 %
17.2 %
3.4 % 2 %
Suspension Parts
6.1 %
4.8 %
30.9 %
26.7 %
27.9 %
3.0 % 0.6 %
Braking Systems
5.5 %
22.0 %
50.0 %
15.3 %
6.4 % 0.8 %
Tires and Wheels
3.5 % 0.3 %
27.2 %
29.8 %
26.6 %
9.1 %
3.5 %
Electrical Systems
3.5 %
14.1 %
59.8 %
16.4 %
5.1 % 0.6 %
Body & Frame Parts
3.2 % 9.1 %
47.0 %
26.5 %
13.2 %
0.3 %
Transmission and Drivetrain
3.1 %
15.4 %
54.6 %
17.7 %
7.7 % 0.8 %
Fuel Systems
6.7 %
21.9 %
43.8 %
21.9 %
5.7 %
Lighting Equipment
3.2 %
21.2 %
47.0 %
18.0 %
8.5 % 1.8 %
Accessories & Cosmetics
2.0 % 10.6 %
39.3 %
21.5 %
20.9 %
4.3 % 1.4 %
Performance Tuning Parts
9.3 %
7.3 %
33.1 %
27.8 %
15.9 %
4.0 % 2.6 %
Maintenance Tools & Equipment
3.4 %
16.9 %
42.3 %
20.7 %
12.5 % 2.8 % 1.3 %
Other
14.3 %
28.6 %
42.9 %
14.3 %
0 % 10 % 20 % 30 % 40 % 50 % 60 % 70 % 80 % 90 % 100 %
Source : Powersports Business
None Under $ 100 $ 100 to $ 499 $ 500 to $ 999 $ 1,000 to $ 2,999 $ 3,000 to $ 4,999 $ 5,000 or more