The Honda SP 160 faces strong competition from bikes like the TVS Apache RTR 160, Bajaj Pulsar 150, and Yamaha FZ-FI V4 in the 160cc commuter and sport-touring segment. In February 2025, TVS sold 37,954 units of the Apache series. At the same time, Bajaj sold 13,917 units of the Pulsar 150, making it difficult for Honda in this segment. The SP 160 is powered by a 162.71cc, single-cylinder, air-cooled engine.