Motorcycle Market
Motorcycle Market Analysis by Up to 150 CC, 150 to 300 CC, 300 to 500 CC, 500 to 800 CC, 800 to 1,000 CC, 1,000 to 1,600 CC, and Above 1,600 CC Engines from 2023 to 2033
Analysis of Motorcycle Market Covering 30+ Countries Including Analysis of U.S, Canada, U.K, Germany, France, Netherlands, Belgium, Japan, Korea, Nordics, GCC countries, and many more
FREE CustomizationMotorcycle Market Analysis (2023 to 2033)
The global motorcycle market size was valued at $110 billion in 2023 and is expected to grow at a 4% CAGR, reaching $163 billion by 2033. Motorcycle designs cater to various purposes, such as long-distance travel, racing, cruising, and sports activities. Motorcycles play an important role in people's lives, with each type designed to meet specific requirements and incorporate particular technologies.
Demand for motorcycles around the world is likely to increase during the anticipated period due to increasing private company investments in the development of more efficient motorcycles and the introduction of new motorcycles. Due to traffic congestion, there is a rise in the adoption of electric motorcycles, which contributes to the market growth.
The main drivers of market expansion are the introduction of efficient products, the rise in sports bike consumers, and the escalating trend of customization. The demand for motorcycles is predicted to increase significantly in semi-urban and rural areas owing to the low cost of ownership. This, in turn, is foreseen to propel business growth during the forecast period.
Sports motor bicycles are city bicycles that emphasize speed, slowing down, maintenance, and grip. Sport bikes have engines with nearly greater performance that are supported inside a lightweight casing. The styling of cruisers is modeled after American vehicles, such as Harley-Davidson models.
- Motorcycles with up to 150 CC engine capacity account for 60% of the global motorcycle market. They are mostly preferred by customers because they are cost-effective and capable of providing the required mileage.
Young people today are quite picky when it comes to the comfort and performance of bikes, which encourages manufacturers to use appealing marketing techniques when they introduce new motorcycle models. Manufacturers of motorcycles are also concentrating on cutting-edge developments in frame metals, riding techniques, and shapes.
- In 2022, BMW AG improved its S 1000 R with improvements in the aerodynamics field. The newly created exterior fairing is composed of exposed visible carbon fiber and has a wider windscreen that considerably enhances maximum speed while lowering aerodynamic drag and improving airflow around the rider.
Increased motorcycle use is primarily due to a rise in the demand for reasonably priced private transportation among people all over the world. Furthermore, governments across the world are promoting the use of electric bikes by offering tax breaks and other financial incentives due to the growing demand for energy-efficient transportation.
| Report Attributes | Details |
|---|---|
| Motorcycle Market Size (2023) | US$ 110 Billion |
| Forecasted Market Value (2033) | US$ 163 Billion |
| Global Market Growth Rate (2023 to 2033) | 4% CAGR |
| Market Share of Up to 150 CC Motorcycles (2023) | 60% |
| France Market Value (2033) | US$ 3.4 Billion |
| India Market Value (2033) | US$ 52 Billion |
| Key Companies Profiled | Eicher Motors Limited; Ducati Motor Holding S.p.A; Yamaha Motor Co., Ltd.; Bajaj Auto Limited; Suzuki Motor Corporation; Harley Davidson Motor Company Inc.; Honda Motor Company, Ltd.; Hero MotoCorp Limited; TVS Motor Company Limited; Kawasaki Heavy Industries, Ltd. |
Why are Motorcycle Sales Continuing to Rise Worldwide?
“Increasing Consumer Inclination Towards Electric Bikes”
The adoption of electric motorcycles, owing to rising concern for environmental safety among the population and government initiatives towards electromobility, are the key factors driving the motorcycle market share. Prominent two-wheeler manufacturers are focusing on launching electric bikes, which can create new opportunities for the companies. The initial generation of electric vehicles was expensive and had very limited riding capabilities.
The world of two-wheelers is undergoing a significant transformation due to the adaptation of AI for every rider, vehicle-to-vehicle (V2V) communication, and modifications in ergonomic designs. Additionally, governments from various countries are stepping up their efforts to promote the use of environmentally friendly vehicles by providing tax breaks and incentives for the purchase of electric bikes and scooters.
“Ever-increasing Demand for Standard Bikes”
Standard bike sales are largely driven by the growing economic strength of the middle-class population especially in developing countries, owing to the low cost of the standard bike. A standard bike offers high fuel efficiency, low-cost maintenance, notable speed, and acceleration, coupled with high performance and agility, which have contributed significantly in terms of revenue to the motorcycle market. Moreover, these characteristics have resulted in a more preferable choice for new riders, which is attributed to market growth.
“Rapid Innovations in Motorcycles by Several Manufacturers”
Motorcycles now have cutting-edge innovations that are more advanced in terms of comfort, luxury, and safety. Sales are being indirectly boosted, for example, by the development of anti-lock braking systems (ABS), which are becoming more and more popular among end users. To maintain bike stability during emergencies and tight turns, ABS utilizes inertial measurement unit (IMU) data in addition to ABS and throttle control.
Slipper clutches are widely used on contemporary bikes and they were created to partially disengage the bike when the back wheel tries to propel the engine quicker than it would move on its power. Slipper clutches were initially created for high-performance super-sport bikes and track-only vehicles, but they are now used more extensively in motorcycles.
Improved safety features that protect riders and better motorcycle suspension systems that increase comfort will continue to have an impact on customers' purchasing decisions. A major factor in the rise in demand for motorcycles over scooters and other two- or three-wheelers is their superior fuel efficiency when compared to other personal forms of transportation.
What are the Obstacles Faced by Manufacturers of Motorcycles?
“Increased Risk of Accidents and High Costs Associated with Sports Bikes”
Factors that are anticipated to impede the growth of the motorcycle industry are the increased risk of accidents and the high costs associated with sports bikes. Two-wheelers lack the comfort, safety, and convenience that four-wheelers such as sedans, SUVs, and other cars offer. As a result, the general public favors four-wheelers for extended journeys.
Four-wheelers have a variety of safety features, such as airbags, anti-lock brakes, lock brakes, seat belts, and other safety equipment to protect the driver and passengers. In contrast, two-wheelers have the fewest built-in safety-related components and systems and the least protective features for the occupants. Therefore, growing concerns about riding two-wheelers are impeding market expansion.
How Can Start-ups Gain Higher Profits in This Competitive Market?
“New Entrants Offering Electric Motorcycles that Produce Zero Emissions and Require Less Maintenance”
Start-ups have emerged as crucial participants in fostering innovation and expanding the bounds of what is possible as e-mobility becomes a more significant component of the transportation sector. New companies will play a key role in determining the direction of transport as the ecosystem continues to change. These businesses are bringing about change and influencing a market that is poised for tremendous growth, whether it is through innovative business models, disruptive new technology, or creative partnerships.
- A start-up in Canada called Damon Motors produces electric motorcycles. The business designs and develops electric motorcycles with features including monocoque construction, all-electric, multi-variant powertrains, numerous warning systems for hazards, and more.
Country-wise Insights
Why is Motorcycle Demand Increasing Steadily in France?
“Presence of Advanced Motorcycle Manufacturing Companies”
- The motorcycle market in France is slated to reach US$ 3.4 billion by 2033.
The major bike-producing country in Europe is France. The eye-catching development of France’s manufacturing and industrial sector presents significant opportunities. Future opportunities for two-wheeler producers are anticipated to be plentiful due to expanding government and end-use industry activities.
The rise in motorcycle clubs with an emphasis on luxury vehicles is driving the motorcycle market growth. France is quite profitable for two-wheeler manufacturers due to its highly developed production centers and the growing demand for different types of bikes.
What Makes India a Key Market for Motorcycle Manufacturers?
“Rise in Infrastructural Facilities Provided by Government Organizations”
- Demand for motorcycles in India is predicted to reach a valuation of US$ 52 billion in 2033.
India has increased its focus on highly advanced manufacturing infrastructure and developing the capacity of sectors such as motor vehicles and raw materials. The market is being driven by the high demand for a variety of motorbikes, including standard, touring, cruiser, and other models. India is rapidly expanding in terms of capacity and infrastructure.
A key factor driving the expansion of the worldwide motorcycle industry is the growing tourism sector. To encourage the usage of these environmentally friendly vehicles, the government is encouraging the purchase of electric mobility through tax credits and incentives.
Government organizations in India fuel the industry's growth by providing infrastructural facilities, such as public charging stations, which significantly enhance the adoption of electric motorbikes by users. A rise in green transport initiatives is also boosting market value.
Original equipment manufacturers (OEMs) are gradually establishing new production facilities in India, which offers promising prospects. Further, it enables them to avoid paying heavy import duties and enables them to maximize their profits from the growing markets.
Category-wise Insights
Why is the Popularity of Cruiser Motorcycles Increasing Rapidly?
“Cruiser Motorcycles Preferred for Longer Rides in a More Comfortable Position”
Based on motorcycle type, the market is classified into adventure, cruisers, mopeds, sports, standard, and touring.
- Demand for cruiser motorcycles is projected to rise at a CAGR of 4.2% through 2033.
Cruiser bikes are stylish, beginner-friendly, and equipped with motorcycle accessories and advanced audio, making them highly preferred by consumers. Consumers can easily customize cruiser bikes. These bikes are big and bulky, so it becomes easy to adjust ride.
Cruiser bikes are in the premium segment, which has resulted in brand loyalty among customers globally. The best bike for long rides is a cruiser. These bikes enable riding for long periods in a more comfortable position. By allowing both feet to touch the ground, the low seat height promotes comfort and confidence, while the saddlebags add more storage.
Competitive Landscape
Top manufacturers are increasing their R&D investments to provide better performance and comfort. They are focusing on new developments, product standards, and supply chain management to increase their revenue. Leading companies in the motorcycle industry also benefit from the adoption of advanced technology and the growth in popularity and evolution of motorcycle events in developed economies.
For instance:
- In 2023, the Pan America, a brand-new adventure touring motorcycle, was introduced by Harley-Davidson. The bike is made with off-road and on-road riding in mind and is targeted at the expanding adventure touring market.
Key Segments of Motorcycle Industry Research
-
By Engine Capacity:
- Up to 150 CC
- 150 to 300 CC
- 300 to 500 CC
- 500 to 800 CC
- 800 to 1,000 CC
- 1,000 to 1,600 CC
- Above 1,600 CC
-
By Motorcycle Type:
- Adventure
- Cruisers
- Mopeds
- Sports
- Standard
- Touring
-
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (‘000 Units) Analysis and Forecast
- 5. Global Market – Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Engine Capacity
- 7.1. Up to 150 CC
- 7.2. 151 to 300 CC
- 7.3. 301 to 500 CC
- 7.4. 501 to 800 CC
- 7.5. 801 to 1000 CC
- 7.6. 1001 to 1600 CC
- 7.7. Above 1600 CC
- 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
- 8.1. Adventure
- 8.2. Cruiser
- 8.3. Mopeds
- 8.4. Sports
- 8.5. Standard
- 8.6. Touring
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. APAC
- 9.5. Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. APAC Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Country-level Market Analysis and Forecast
- 16. Market Structure Analysis
- 17. Market Competition Analysis
- 17.1. Kawasaki Heavy Industries, Ltd.
- 17.2. Honda Motor Co., Ltd.
- 17.3. Bajaj Auto Ltd.
- 17.4. Suzuki Motor Corporation
- 17.5. Bayerische Motoren Werke (BMW) AG
- 17.6. Yamaha Motors Co., Ltd.
- 17.7. Hero MotoCorp Ltd.
- 17.8. TVS Motor Company Ltd.
- 17.9. Harley-Davidson, Inc.
- 17.10. Eicher Motors Limited
- 17.11. PIERER Mobility AG
- 17.12. Piaggio & C. SpA
- 17.13. Triumph Motorcycles Ltd.
- 17.14. Volkswagen AG (Ducati Motor Holding S.P.A.)
- 18. Assumptions & Acronyms Used
- 19. Research Methodology
List Of Table
Table 01: Global Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 02: Global Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 03: Global Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 04: Global Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
Table 05: Global Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Region, 2018-2022
Table 06: Global Market Value (US$ Mn) and Volume ((‘000 Units) Forecast, by Region, 2023-2033
Table 07: North America Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Country, 2018-2022
Table 08: North America Market Value (US$ Mn) and Volume ((‘000 Units) Forecast, by Country, 2023-2033
Table 09: North America Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 10: North America Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 11: North America Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 12: North America Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
Table 13: Latin America Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Country, 2018-2022
Table 14: Latin America Market Value (US$ Mn) and Volume ((‘000 Units) Forecast, by Country, 2023-2033
Table 15: Latin America Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 16: Latin America Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 17: Latin America Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 18: Latin America Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
Table 19: Europe Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Country, 2018-2022
Table 20: Europe Market Value (US$ Mn) and Volume ((‘000 Units) Forecast, by Country, 2023-2033
Table 21: Europe Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 22: Europe Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 23: Europe Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 24: Europe Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
Table 25: APAC Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Country, 2018-2022
Table 26: APAC Market Value (US$ Mn) and Volume ((‘000 Units) Forecast, by Country, 2023-2033
Table 27: APAC Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 28: APAC Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 29: APAC Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 30: APAC Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
Table 31: Middle East & Africa Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Country, 2018-2022
Table 32: Middle East & Africa Market Value (US$ Mn) and Volume ((‘000 Units) Forecast, by Country, 2023-2033
Table 33: Middle East & Africa Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 34: Middle East & Africa Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 35: Middle East & Africa Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 36: Middle East & Africa Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
Table 37: United States Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 38: United States Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 39: United States Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 40: United States Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
Table 41: Germany Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 42: Germany Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 43: Germany Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 44: Germany Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
Table 45: UK Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 46: UK Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 47: UK Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 48: UK Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
Table 49: India Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 50: India Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 51: India Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 52: India Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
Table 53: China Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 54: China Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 55: China Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 56: China Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
Table 57: Turkey Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2018-2022
Table 58: Turkey Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Engine Capacity, 2023-2033
Table 59: Turkey Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2018-2022
Table 60: Turkey Market Value (US$ Mn) and Volume (‘000 Units) Analysis, by Type, 2023-2033
List Of Figures
Figure 01: Global Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2018-2022
Figure 02: Global Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2023-2033
Figure 03: Global Market Value Share Analysis Type, 2023-2033
Figure 05: Global Market Attractiveness Analysis Type, 2023-2033
Figure 04: Global Market Y-o-Y Growth Projections Type, 2023-2033
Figure 06: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By Adventure Segment, 2018-2033
Figure 07: Global Market Incremental $ Opportunity By Adventure Segment, 2023-2033
Figure 08: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By Cruiser Segment, 2018-2033
Figure 09: Global Market Incremental $ Opportunity By Cruiser Segment, 2023-2033
Figure 10: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By Mopeds Segment, 2018-2033
Figure 11: Global Market Incremental $ Opportunity By Mopeds Segment, 2023-2033
Figure 12: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By Sports Segment, 2018-2033
Figure 13: Global Market Incremental $ Opportunity By Sports Segment, 2023-2033
Figure 14: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By Standard Segment, 2018-2033
Figure 15: Global Market Incremental $ Opportunity By Standard Segment, 2023-2033
Figure 16: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By Touring Segment, 2018-2033
Figure 17: Global Market Incremental $ Opportunity By Touring Segment, 2023-2033
Figure 18: Global Market Value Share Analysis Engine Capacity, 2023-2033
Figure 19: Global Market Y-o-Y Growth Projections Engine Capacity, 2023-2033
Figure 20: Global Market Attractiveness Analysis Engine Capacity, 2023-2033
Figure 21: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By Up to 150 CC, 2018-2033
Figure 22: Global Market Incremental $ Opportunity By Up to 150 CC Segment, 2023-2033
Figure 23: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By 151-300 CC, 2018-2033
Figure 24: Global Market Incremental $ Opportunity By 151-300, 2023-2033
Figure 25: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By 301-500 CC Segment, 2018-2033
Figure 26: Global Market Incremental $ Opportunity By 301-500 CC Segment, 2023-2033
Figure 27: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By 501-800 CC Segment, 2018-2033
Figure 28: Global Market Incremental $ Opportunity By 501-800 CC Segment, 2023-2033
Figure 29: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By 801-1000 CC Segment, 2018-2033
Figure 30: Global Market Incremental $ Opportunity By 801-1000 CC Segment, 2023-2033
Figure 31: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By 1001-1600 CC Segment, 2018-2033
Figure 32: Global Market Incremental $ Opportunity By 1001-1600 CC Segment, 2023-2033
Figure 33: Global Market Value (US$ Mn) and Volume (‘000 Units) Forecast By Above 1600 CC Segment, 2018-2033
Figure 34: Global Market Incremental $ Opportunity By Above 1600 CC Segment, 2023-2033
Figure 35: Global Market Share and BPS Analysis by Region – 2023 & 2033
Figure 36: Global Market Y-o-Y Growth Projections by Region, 2023-2033
Figure 37: Global Market Attractiveness Analysis by Region, 2023-2033
Figure 38: North America Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2018-2022
Figure 39: North America Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2023-2033
Figure 40: North America Market Value Share Analysis By Country, 2023-2033
Figure 41: North America Market Y-o-Y Growth Projections By Country, 2023-2033
Figure 42: North America Market Attractiveness Analysis By Country, 2023-2033
Figure 43: North America Market Value Share Analysis By Type, 2023-2033
Figure 44: North America Market Y-o-Y Growth Projections By Type, 2023-2033
Figure 45: North America Market Attractiveness Analysis By Type, 2023-2033
Figure 46: North America Market Value Share Analysis By Engine Capacity– 2023 & 2033
Figure 47: North America Market Y-o-Y Growth Projections By Engine Capacity, 2023-2033
Figure 48: North America Market Attractiveness Analysis By Engine Capacity, 2023-2033
Figure 49: Latin America Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2018-2022
Figure 50: Latin America Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2023-2033
Figure 51: Latin America Market Value Share Analysis By Country, 2023-2033
Figure 52: Latin America Market Y-o-Y Growth Projections By Country, 2023-2033
Figure 53: Latin America Market Attractiveness Analysis By Country, 2023-2033
Figure 54: Latin America Market Value Share Analysis By Type, 2023-2033
Figure 55: Latin America Market Y-o-Y Growth Projections By Type, 2023-2033
Figure 56: Latin America Market Attractiveness Analysis By Type, 2023-2033
Figure 57: Latin America Market Value Share Analysis By Engine Capacity– 2023 & 2033
Figure 58: Latin America Market Y-o-Y Growth Projections By Engine Capacity, 2023-2033
Figure 59: Latin America Market Attractiveness Analysis By Engine Capacity, 2023-2033
Figure 60: Europe Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2018-2022
Figure 61: Europe Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2023-2033
Figure 62: Europe Market Value Share Analysis By Country, 2023-2033
Figure 63: Europe Market Y-o-Y Growth Projections By Country, 2023-2033
Figure 64: Europe Market Attractiveness Analysis By Country, 2023-2033
Figure 65: Europe Market Value Share Analysis By Type, 2023-2033
Figure 66: Europe Market Y-o-Y Growth Projections By Type, 2023-2033
Figure 67: Europe Market Attractiveness Analysis By Type, 2023-2033
Figure 68: Europe Market Value Share Analysis By Engine Capacity– 2023 & 2033
Figure 69: Europe Market Y-o-Y Growth Projections By Engine Capacity, 2023-2033
Figure 70: Europe Market Attractiveness Analysis By Engine Capacity, 2023-2033
Figure 71: APAC Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2018-2022
Figure 72: APAC Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2023-2033
Figure 73: APAC Market Value Share Analysis By Country, 2023-2033
Figure 75: APAC Market Attractiveness Analysis By Country, 2023-2033
Figure 74: APAC Market Y-o-Y Growth Projections By Country, 2023-2033
Figure 76: APAC Market Value Share Analysis By Type, 2023-2033
Figure 78: APAC Market Attractiveness Analysis By Type, 2023-2033
Figure 77: APAC Market Y-o-Y Growth Projections By Type, 2023-2033
Figure 79: APAC Market Value Share Analysis By Engine Capacity– 2023 & 2033
Figure 80: APAC Market Y-o-Y Growth Projections By Engine Capacity, 2023-2033
Figure 81: APAC Market Attractiveness Analysis By Engine Capacity, 2023-2033
Figure 82: MEA Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2018-2022
Figure 83: MEA Market Value (US$ Mn), Volume (‘000 Units) Forecast and Analysis, 2023-2033
Figure 84: MEA Market Value Share Analysis By Country, 2023-2033
Figure 85: MEA Market Y-o-Y Growth Projections By Country, 2023-2033
Figure 86: MEA Market Attractiveness Analysis By Country, 2023-2033
Figure 87: MEA Market Value Share Analysis By Type, 2023-2033
Figure 88: MEA Market Y-o-Y Growth Projections By Type, 2023-2033
Figure 89: MEA Market Attractiveness Analysis By Type, 2023-2033
Figure 90: MEA Market Value Share Analysis By Engine Capacity– 2023-2033
Figure 91: MEA Market Y-o-Y Growth Projections By Engine Capacity, 2023-2033
Figure 92: MEA Market Attractiveness Analysis By Engine Capacity, 2023-2033
- FAQs -
What was the motorcycle market size in 2022?
The global motorcycle market was valued at US$ 98.8 billion in 2022.
At present, what valuation does the global market enjoy?
The market for motorcycles stands at a value of US$ 110 billion in 2023.
What is the predicted growth rate of the global market for motorcycles?
Worldwide sales of motorcycles are projected to rise at a CAGR of 4% from 2023 to 2033.
Who are the top manufacturers of motorcycles?
Yamaha Motor Co., Ltd., Suzuki Motor Corporation, and Honda Motor Company, Ltd. are leading motorcycle manufacturing companies.
What is boosting the sales of motorcycles across the world?
Growing demand for personal transportation and increasing adoption of motorcycles as an alternative to cars are driving market growth.
Motorcycle Market