8 Suzuki 2.6% No. 9 Kawasaki Heavy Industries 2.3% No. Alex Strange. 7%. In emerging economies such as China and India, OEMs are establishing production facilities to avoid paying import duties and to gain an edge in the motorcycle market. It is predicted that this market will grow at a compound annual growth rate of 3.9 percent to. Mexican Restaurants in the US Market Size Growth in 2022. The 2015 sales total for street bikes, dual-sport and off-road motorcycles is 500,678. CAGR. Market data - ACEM - The Motorcycle Industry in Europe Market data To subscribe to our statistical releases please click here. Details. . Over $1.8 billion in U.S. motorcycle exports are sent to the rest of the world annually. The global Hypersport Motorcycle Tires market size is projected to reach multi million by 2028, in comparision to 2021, at unexpected CAGR during 2022-2028 (Ask for Sample Report). Motorcycle, Bike & Parts Manufacturing in the US industry statistics. Mon, 15 Feb 2021. The global Off Road Motorcycle market was valued at 200 thousand units in 2017 and is anticipated to grow at a CAGR of 8.5% during the forecast period. Retail Sales & MSRP Historical Data (Unaudited) A data. 4 Bajaj 5.1% No. The data is further compiled & validated through various market estimation & data validation methodologies. US : +1-916-848-6986; IND : +91 89564 35067; sales@marketdatacentre.com ; Do you mean . 2. 7 TVS Motor 3.1% No. lock. Sales for ATV/RUV reached the 361.000 units (-1.5%). Motorcycle, Bike & Parts Manufacturing in the US. Customization Available : Global Connected Motorcycle Market. A license granted to one user. Mar 19, 2021 The statistic represents the size of the global market for motorcycles in 2018 and 2026. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. And region-wise, North America accounted for the highest market share. : HTF MI brings you in-depth Industry analysis, facts & figures to complete Business strategy. U.S.A. Motorcycles Market Trend 2021 During the last decade, the two wheeler market was steady declining in the U.S.A. Read More 2022 Motor Racing and Individual Sports Global Market Size & Growth Report with Updated Forecasts Harley-Davidson . $76.7bn. 2.6 Motorsports Motorcycle Market Competitive Situation and Trends 2.6.1 Motorsports Motorcycle Market Concentration Rate 2.6.2 Global 5 and 10 Largest Motorsports Motorcycle Players Market Share by Revenue 2.6.3 Mergers & Acquisitions, Expansion 3 Production by Region 3.1 Global Production of Motorsports Motorcycle Market Share by Region (2017 . During the same period of time, the number of overall US households climbed just 5%. Who are the major players operating in the market? The global motorcycle engine market is largely concentrated in Asia(>90% share), with Europe and American continent accounting for <8% share cumulatively. Market Trends 7.2. The U.S. motorcycle market size is expected to reach USD 10.88 billion by 2025, according to a new report by Grand View Research, Inc., Increasing amount of disposable income is expected to drive the market. 11 KTM 1.8% No. Motorcycle Market: Get In-Depth Research with detailed trend Analysis and growth outlook, Enquire now and get Customized Research Insights according to your objective | Honda, Hero MotoCorp, Yamaha, BAJAJ, Suzuki, Kawasaki, Piaggio, Harley-Davidson, BMW, The motorcycle apparel market is expected to gain market growth in the forecast period of 2022 to 2029. COVID-19 has brought many complications to the motorcycle industry, from the disruption to buying new bikes and motorcycle gear, to the demand (and subsequent shortage) it has placed on the used-bike market. Motorcycle Market Size And Forecast Motorcycle Market size was valued at USD 278.07 Billion in 2020 and is projected to reach USD 488.8 Billion by 2028, growing at a CAGR of 8.39% from 2021 to 2028. YTD July The Motorcycles Market Is Moderately Positive (+0.6%) Asia & Pacific South Korea 2022. The global electric motorcycle market is segmented by vehicle range, battery type, voltage type, and region. In 2021, motorcycle sales in China amounted to 20.2 million units. The sales revenue of motorcycles in India is expected to reach USD 57,819.3 Mn by the end of 2026. 6 BMW 3.7% No. [365 Pages Report] The global connected motorcycle market size is projected to grow from USD 55 Million in 2021 to USD 757 Million by 2027, at a CAGR of 54.7%. Demand for motorcycles to be mostly catered to by the top 5 manufacturers in the world, who together hold around 2/3 market share. Listed below are the top 10 must-know statistics of the motorcycle industry. The global motorcycle market size was valued at USD 119.33 billion in 2021. The options for. Press Release | Market Data: Electric Motorcycles Latest Insights Annual Unit Sales of Electric Motorcycles Are Expected to Grow from 1.1 Million in 2021 to 3.6 Million by 2030 Cost decreases, improvements in lithium ion battery technology, and emissions standards are expected to increase e-motorcycle adoption over the decade Feb 11, 2021 Data Set (Excel) Print: Company Profile Library Access: Interactive Dashboard: Free Custumization: No : up to 10 hrs work : up to 30 hrs . The U.S. motorcycle market size was estimated at USD 7.85 billion in 2016 and is anticipated to grow at a CAGR of 3.7% over the forecast period. The motorcycle racing apparel . Growing demand for premium motorcycles and low cost of manufacturing in these . User License. Market Size. MARKET SIZE AND FORECAST. Global Connected Motorcycle Market Size & Growth Rate (2022 - 2027) The Global Connected Motorcycle Market has been valued at US$ 56.52 Million in 2021 and it is expected to reach the high market capital of US$ 758.24 Million by 2027. 2005-2028. That is up about 3.45% from the 483,526 reported in 2014 (2014 was up about 3.7% from the 465,783 total reported in 2013). 10 Piaggio 2.1% No. Global market share of the motorcycle and bikes industry in terms of value in 2020 No.1 Honda 22.6% No. Off road motorcycles recorded 43 . Motorcycles Market Still Up In Double-Digit Brands Global Performance Suzuki 2022. The market is projected to expand 1.5X over the next ten years to top US$ 181 Bn valuation by 2031. Speak to Analyst Request a Free Sample. Rules or conditions might be applied for e.g. There were 573,000 new motorcycles sold in 2015, up slightly from the prior year, but sales are expected to have declined around 2.1% in 2016. Sales - Although sales went down to about 15.7% due to the pandemic, they are projected to rise due to individuals' demand for mobility. The report provides a detailed two-wheeler motorcycle market analysis based on competitive intensity and how the competition will . The proportion of the North America is % in 2021, while Europe. People want to move alone now more than ever and avoid public transportation. 2 Yamaha 10.4% No. TABLE OF Contents. August 24, 2020 | 12:00am CEBU, Philippines The Philippine market for mortorcylces fell 47.82 percent in the first half of 2020, considered as the worst sales performance worldwide. Porter's five forces analysis illustrates the potency of buyers & suppliers in the market. For Generation X riders, women make up 15% of the demographic, the largest female . The current market is quantitatively analyzed from 2020 to 2027 to highlight the two-wheeler motorcycle market scenario. 6 Global Motorcycle Insurance by Region, Historical Data and Market Forecasts 6.1 Global Motorcycle Insurance Sales by Region 2016-2021 6.2 Global Motorcycle Insurance Market Value by Region 2016-2021 Multi user License. The report can be customised to include price trend analysis of target brands understanding . Global Motorcycle Market was valued at USD 119.55 billion in 2021. Besides, the analysis of market share and the analysis of major . Pune, India, May 26, 2021 (GLOBE NEWSWIRE) -- The global Motorcycle market size is expected to reach USD 485.67 Billion by 2028, exhibiting a CAGR of 7.2% during the forecast period. Motorcycle Insurance Market is expected to witness the highest CAGR to 2030. 12 Ducati 1.1% Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 10.28%, resulting in a projected market volume of. The increasing. A license granted to one user. The 75-100 miles segment is expected to account for the largest market share during the forecast period. low maintenance cost. Industry Insights. Motorcycles have been around for a long time and, since their inception, they have gained popularity as a means of mobility. Market data are evaluated and analyzed using market coherent and statistical models. Data Bridge Market Research is a leader in advanced formative research. Off Road motorcycles are lightweight motorcycles designed for use on rough surfaces such as dirt roads or trails. DOWNLOAD PDF. UK Motorcycles Industry Trend and Perspectives Further, we also have our in-house data forecasting model to predict market growth up to 2030. . From 2003-2008, the number of US households purchasing motorcycles climbed by 26%. ~37-40 M units. attach_money Market Size: $1bn. In 2020, unit sales of motorcycles exceeded 47.2 million, and the market. India and China alone account for ~60% of global new motorcycle sales i.e. The study provides a detailed analysis of the market opportunities . Persistence Market Research, a research and consulting firm, has published a market research report on the motorcycle market that contains global industry analysis of 2016-2020 and opportunity . The report can be customised to include price trend analysis of target brands understanding the . 4% (2022-2030) Base Year. Basis Point Share (BPS . According to Guidehouse Insights, global annual unit sales of e-motorcycles are expected to grow from nearly 1.1 million in 2021 to 3.6 million by 2030, at a 14.4% compound annual growth rate (CAGR). KTM is . Key Findings: Motorcycle, ATV (All-Terrain Vehicle), Personal Electric Vehicles and Snowmobile Manufacturing Industry (U.S.) to reach $24,133,102,222 million by 2029. Harley is still hogging sales. DOWNLOAD PDF. Motorcycle, Bike & Parts Manufacturing in Pennsylvania - current trends and industry outlook (2017-2027) The Motorcycle, Bike & Parts Manufacturing industry in Pennsylvania is expected to decline an annualized x.x% to $231.4 million over the five years to 2022, while the national industry will likely decline at a rate of x.x% during the same period. Global motorcycle market revenue totalled US$ 124 Bn in 2021, with Y-o-Y growth for 2021 at 4%. In 2021, the United States motorcycle. Global Sales Database we collect is the widest worldwide and the only one including sales figures for over 80 Markets, All Brands and All Models. The market is projected to grow from USD 127.44 billion in 2022 to USD 223.50 billion by 2029, exhibiting a CAGR of 8.4% during the forecast period. OR call +1-917-725-5253. Registration in key European markets - 2022 Registration in key European markets - 2021 Registration in key European markets - 2020 Registrations in the European Union - 2019 Registrations in the European Union - 2018 Customization Available : Global Premium Motorcycle Helmets Market. Tables show this data by sub-model for each marque (brand). (Statista) #8. 3 Hero MotoCorp 5.9% No. In this article, we show the results of a market segmentation done upon the attributes of a sample data of the motorcycles offered in the US market. In 2018, more than 55 Million motorcycle engines were manufactured globally. This statistic represents the market share of major motorcycle brands in the United States as of June 2022, based on unit sales. To learn more about this report, request a free sample copy. In 2007, consumers purchased 1 million motorcycles in the United States. The average age of a motorcycle owner has increased from 40 to 48 years of age since 2001. High disposable income is expected to accelerate the demand for motorcycles in this region over the forecast period. Profile Table Unitech Overview List 2.1.2 Products & Services Overview 2.1.3 Sales Data List Table Motorcycle Lights Business Operation of Unitech (Sales Revenue, Sales Volume, Price, Cost, Gross . More than 1 million registrations for motorcycles occurs in Europe each year. Following a decade of growth, the Two Wheeler Global Market is ready to face new challenges. Global Sales Are Falling Down At Lowest Out Of Last 15 Years Motorcycle Lights Market is expected to witness the highest CAGR to 2030. The average range of electric motorcycles depends on a variety of factors including battery size, average speed, terrain, rider weight, and more. (Statista) #9. (3) Asia Pacific data includes Japan, Australia, New Zealand and Korea. - Market Size. Market Analysis and Insights: Global Motorcycle Market Due to the COVID-19 pandemic, the global Motorcycle market size is estimated to be worth USD 88720 million in 2022 and is forecast to a . Home; About Us; . The upcoming safety norms for motorcycles in many countries around the world will provide greater opportunities for this market. British Motorcycles Market is struggling. Frequently Asked Questions ? In 2017, consumers bought about 472,000 motorcycles. Taking over as market leader, Yamaha recorded a 21.1 per cent share of the national market, followed by Honda with 20.3 per cent and in third place and Kawasaki with 11.3 per cent. The global electric scooter and motorcycle market was valued at $5,913.9 million in 2019 and is expected to grow at a CAGR of 14.4% during the forecast period (2020-2025). supervisor_account Industry Employment: 2,860. the use of electric files (PDFs) or printings, depending on product. We acquire data from over 200 different sources, including national Ministers of Transportations, local official agency, manufacturers or distributors associations. The worldwide motorcycle market was estimated to dip from over 117 billion U.S. dollars to some 109.1 billion in 2021, with a projected recovery in 2022. business Number of Businesses in: 160. poll Average Industry Profit Margin: x.x%. One of the many slogans dreamt up by the UK Government during the pandemic has been 'Hands. In the third quarter the trend remains negative with July down 17.2% and August -41.3% with Year to Date 2022 figures at 79.234 (-5.8%) projecting the entire year at 110.000. Global Electric Motorcycle Market Segment Insights: Based on vehicle range, the global electric motorcycle market is divided into below 75 Miles, 75-100 Miles, and above 100 Miles. Motorcycle, ATV (All-Terrain Vehicle), Personal Electric . Based on vehicle range, the market is further sub-segmented into 75 miles, 75-100miles, and above 100 miles. Purchase this report or a membership to unlock our data for this industry. [260 Pages Report] The global electric scooter market and electric motorcycle market is expected to account for 6,193 thousand units by 2027, growing at a CAGR of 33.1% during the forecast period. Factors such as favorable government policies, growing demand for energy-efficient commuting, rising concern for emission free vehicles . Global Motorcycle Rental Market is expected to grow at a CAGR x.x% over the next ten years, and will reach at US$ XX.X Mn in 2028, from US$ XX.X Mn in 2018 [email protected] +1 718 618 4351 (International) . Motorcycles Global Sales Are Growing Up (+8.8%) Brands Global Performance Harley-Davidson 2022. Registering a CAGR of 6.7% over the forecast period of 2022-2027, the global Electric Motorcycle market was valued at US$ 8603 Million in the year 2027. This Guidehouse Insights report analyzes the global market for e-motorcycles. Revenue in the Motorcycles market is projected to reach US$106.70bn in 2022. Motorcycle apparel market is projected to reach USD 118.92 billion by 2027, registering a CAGR of 4.2% from 2020 to 2027. METHODOLOGY. Market Analysis and Insights: Global Electric Motorcycle Market Due to the COVID-19 pandemic, the global Electric Motorcycle market size is estimated to be worth USD 7817 million in 2022 and is . Mexican Restaurants in the US Market Size in 2022. Site License. Sales are up again (slightly) and 2015 marks the 5th consecutive year of slight increases in U.S. motorcycle sales. What are the major countries covered in the Market? However this number does not represent the huge revolution happens inside the industry. Wisconsin . In the 2021 total motorcycles and scooter sales have been 550.000, up 9.0% vs the previous year, hitting the highest level in over 15 years. Top Five Reported Retails for Off-Road bikes, ATVs and SSVs Motorcycle Sales Under 50cc On-Road Registrations Year to Date The attached tables show monthly registrations within year for on-road motorcycles below 50cc (generally known as mopeds). In the period 2012- 2021 global market (including moped, scooter, underbones and all motorcycle types) reported a steady 1.5% C.A.G.R. This represents an increase of 13.4 per cent on 2020. Motorcycle registrations in the United States have grown each of the past 10 years, from 3,826,373 in 1997 to 6,678,958 in 2006-a 75 percent increase overall. 2022 September 2022 Moped EV Sept 2022 (2) Europe data includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. It features 17-inch wheels, ABS disc brakes, and a ruggedness . Data Bridge Market Research analyses the market to reach at an estimated value of USD 18464.0 million by 2029 and grow at a CAGR of 7.0% in the above-mentioned forecast period. Reach HTF now A license granted to multiple users. Reports. Report Attribute/Metric. Electric Motorcycle Market Overview Electric Motorcycles & Scooters can be classified as a combination of electric scooter, electric motorcycles, and so on. What is the growth rate of the Market? Purchase this report or a membership to unlock the average company profit margin for this industry. An extensive data assets and our revenue model has prominently upgraded our skills to leverage the client with a drawn strategy to graph an ascend . Objective The objective is to identify where the opportunities lie for offer improvements or new developments, in the motorcycle market. US : +1-916-848-6986; IND : +91 89564 35067; sales@marketdatacentre.com . The new 125cc version, better in every way than its forebearer, is due in showrooms right about now, and is already in high demand. 5 Harley-Davidson 4.4% No. Global E-Scooter/Moped and E-Motorcycle Market is expected USD 623.59 billion by 2029. Global Off-road Motorcycle Market Analysis and Forecast by Sales Channel 7.1. Curious to know about market share of key-players or Sales volumes or revenues of Motorcycle Timing Market further segmented by type, application and important regions. Moreover, China's motorcycle exports have experienced sustained growth since the Belt and Road Initiative (BRI) infrastructure. North America Motorcycle Lights market is estimated at USD million in 2021, while Europe is forecast to reach USD million by 2028. Data Bridge Market Research is a leader in advanced formative research. 2030: Significant Value. 2 Sales of new street-legal motorcycles grew even more sharply over the same period, from 260,000 in 1997 to 892,000 in 2006 (a 243 percent increase), but declined slightly to 885,000 in . Published by Statista Research Department , Sep 26, 2022. Market Analysis and Insights of Motorcycle Apparel Market. From what MCNews.com.au has been able to deduce, Honda lead the overall market ahead of Yamaha and Kawasaki. These motorcycles are equipped with rugged tires and suspension for riding cross . 3.8%. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. During this forecast period it is anticipated to grow with the healthy CAGR of 56.35% over 2022-2027. The global motorcycle racing apparel market is expected to grow from $1.78 billion in 2021 to $1.85 billion in 2022 at a compound annual growth rate (CAGR) of 3.90%. 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