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Charles Siegel
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Well, in algebraic geometry, here's a couple of reasons:

  1. Subvarieties: Take a vector bundle, look at a section, where is it zero? Lots of subvarieties show up this way (not all, see this question) but generally, we can get lots of information out of vector bundles regarding subvarieties.

  2. Invariants of spaces: The Picard group of Line bundles and more generally the Grothendieck group/ring is a useful invariant for differentiating spaces and analyzing the geometry indirectly. On smooth spaces, in fact, complexes of vector bundles can be used to replace coherent sheaves entirely (I believe by the Syzygy Theorem).

  3. Maps into Projective Space: This one is line bundle specific. Let $V\to\mathbb{P}^n$ be any imbedding, say, then the pullback of $\mathcal{O}(1)$ is a line bundle on $V$. The nice thing is, the global sections of this line bundle determine and are determined by the map (we can get degenerate mappings by taking subspaces, but lets ignore that, and base loci for the moment). It turns out that we can define a line bundle to be ample, a condition just on the bundle, and that suffices to say that a power of it gives a morphism to $\mathbb{P}^n$, so understanding maps into projective space is the same thing as studying ample line bundles on a variety.

Hope that helps, there's a lot more, but those are the first three things that came to mind.

Charles Siegel
  • 16k
  • 8
  • 89
  • 134