A crucial difference between non-Euclidean geometries and "non-inductive" models of PA- is that any model of PA- contains a canonical copy of the true natural numbers, and in this copy of N$N$, the induction schema is true. In other words, PA is part of the complete theory of a very canonical model of PA-, and as such it seems much more natural (so to speak) to study fragments of PA rather than extensions of PA- which contradict induction.
To make this a little more precise (and sketch a proof), the axioms of PA- say that any model M$M$ has a unique member 0_M$0_M$ which is not the successor of anything, and that the successor function S_M: M to M$S_M: M \to M$ is injective; so by letting k_M $k_M$ (for any k in N$k \in N$) be the k$k$-th successor of 0_M$0_M$, the set {k_M : k in N}$\{k_M : k \in N\}$ forms a submodel of M$M$ which is isomorphic to the usual natural numbers, N$N$. Any extra elements of M$M$ not lying in this submodel lie in various "Z-chains," that is, infinite orbits of the model M's$M$'s successor function S_M$S_M$.
(In the language of categories: the "usual natural numbers" are an initial object in the category of all models of PA-, where morphisms are injective homomorphisms in the sense of model theory.)
So, while PA seems natural, I'm not sure why there would be any more motivation to study PA- plus "non-induction" than there is to study any of the other countless consistent theories you could cook up, unless you find that one of these non-inductive extensions of PA- has a particularly nice class of models.