Motorcycle Market Crop Type (ICE Motorcycle, Scoters, Motorbikes, Light Motorcycles, Sports Motorbikes, Mopeds, and Electronic Motorcycles, and Motor Cycles for Handicapped): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Published Date: 04-Nov-2020 Category: Automotive Report Format : PDF Pages: 110 Report Code: ZMR-304 Status : Published

According to the report published by Zion Market Research, global demand for the motorcycle market was valued at approximately USD 120.23 Billion in 2019 and is expected to generate revenue of around USD 157.16 Billion by end of 2026, growing at a CAGR of around 3.9% between 2020 and 2026.

Description

According to the report published by Zion Market Research, global demand for the motorcycle market was valued at approximately USD 120.23 Billion in 2019 and is expected to generate revenue of around USD 157.16 Billion by end of 2026, growing at a CAGR of around 3.9% between 2020 and 2026.

Global Motorcycle Market: Overview

A motorcycle is a two- or three-wheeled vehicle used in day-to-day life. Almost everybody either owns it or had tried it. The motorcycle is a need for grownups and most of the younger population, it is a style statement. Motorcycle manufacturing companies are putting their best efforts to cater to every need of a motorcycle enthusiast and general user. Every motorcycle is a symbol of the personality of the user and hence market tries to serve different types of demands of the bike lovers.

Global Motorcycle Market: Growth Factors

As the number of young population in the world is higher and increasing and lifestyle is taking certain changes, the young generation, even middle age and old people prefer to have their vehicle rather than traveling by public transport. It provides time flexibility and comfort to the user. This is the base of the global motorcycle market and its growth. Apart from that, many producers are inventing ways to build bikes which will run on eco-friendly supplies like solar energy, water or electricity. These efforts are helping to attract environmentally conscious people to the market. Plus, flooding markets with stylish and attractive bikes are playing their roles well to tempt the young population. Easy availability of vehicle loans is one of the factors which boost the growth of the global motorcycle market. However, Pollution is the biggest growth restraint for the market worldwide.

Global Motorcycle Market: Segmentation

The global motorcycle market is segmented based on its types and regions. On accounts of types the market is classified into ICE motorcycle, scooters, motorbikes, light motorcycles, sports motorbikes, mopeds and electronic motorcycles, and motorcycles for the handicapped. Among these, light motorcycles are in high demand owing to their lower prices, ease in handling, and fuel efficiency.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Motorcycle Market: Regional Analysis

The U.S. and Europe are leading the motorcycle market due to more demand for the medium and heavy motorcycle. These regions are generating more demand globally owing to higher disposable income and a favorable economy of the nations. Following these nations are Asian Pacific countries where using a motorcycle is an attractive addition to the lifestyle. The per capita income of people in this region is increasing and hence creating a better future market for motorcycles. Inexpensive bikes dominate this region of the globe.

Global Motorcycle Market: Competitive Players

Some of the major companies in the global motorcycle market include Bajaj Auto Ltd., Dayun Group, Benelli QJ, Ducati Motor Holding S.p.A., Bayerische Motoren Werke (BMW) AG, Harley-Davidson, Inc., Eicher Motors Limited, Honda Motor Co., Ltd., Hero MotoCorp Ltd., Piaggio & C. SpA, KTM AG, Triumph Motorcycles Ltd., Suzuki Motor Corporation, Vmoto Limited, TVS Motor Company Ltd., Zero Motorcycles, Inc., and Yamaha Motors Co., Ltd., among others. Companies around the world are manufacturing various types of motorcycles for the target customers and trying to attract more of the young generation by inventing easy-to-ride and faster bikes for cost-effectiveness.

Motorcycle Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 : Preface
    • 1.1. Report Description
  • Chapter No. 2 : Research Methodulogy
    • 2.1. Market Research Process
    • 2.2. Secondary Research
    • 2.3. Data Modeling
      • 2.3.1. Company Share Analysis Model
      • 2.3.2. Revenue-Based Models
    • 2.4. Primary Research
    • 2.5. Research Limitation
  • Chapter No. 3 : Executive Summary
    • 3.1. Global Motorcycle Market, Vulume (K Units) and Revenue (USD Billion), 2016 - 2026
    • 3.2. Global Motorcycle Market: Snapshot
  • Chapter No. 4 : Motorcycle Market – Industry Analysis
    • 4.1. Introduction and Market Overview:
    • 4.2. Market Drivers
      • 4.2.1. Growing demand from aerospace & defense industry
      • 4.2.2. Growing automotive industry
    • 4.3. Restraints
      • 4.3.1. Rising cost of raw materials
    • 4.4. Opportunities
      • 4.4.1. Increase in offshore spending and potential of new oilfield discovery
    • 4.5. Porter’s Five Forces Analysis
    • 4.6. Key Mandates & Regulations
    • 4.7. SWOT Analysis
  • Chapter No. 5 : Investment Proposition Analysis
    • 5.1. Motorcycle Market Attractiveness, By Type
    • 5.2. Motorcycle Market Attractiveness, By Region
    • 5.3. Motorcycle Market Attractiveness, By Country
  • Chapter No. 6 : Competitive Landscape
    • 6.1. Company Market Share (%), 2016
    • 6.2. Company Market Share (%), 2017
    • 6.3. Company Market Share (%), 2018
    • 6.4. Company Market Share (%), 2019
    • 6.5. Company (Y-o-Y) Growth 2016-19 (%)
    • 6.6. Strategic Development
      • 6.6.1. Acquisitions & Mergers
      • 6.6.2. New Product Launch
      • 6.6.3. Agreements, Partnerships, Cullaborations, and Joint Ventures
      • 6.6.4. Research and Development, and Regional Expansion
  • Chapter No. 7 : Motorcycle Market – Type Segment Analysis
    • 7.1. Global Motorcycle Market: by Type
      • 7.1.1. Global Motorcycle Market Revenue Share (%), by Type, 2019 & 2026
      • 7.1.2. Global Motorcycle Market by ICE Motorcycle, Vulume (K Units) and Revenue (USD Billion), 2016 – 2026
      • 7.1.3. Global Motorcycle Market by Scooters, Vulume (K Units) and Revenue (USD Billion), 2016 – 2026
      • 7.1.4. Global Motorcycle Market by Motorbikes, Vulume (K Units) and Revenue (USD Billion), 2016 – 2026
      • 7.1.5. Global Motorcycle Market by Light Motorcycles, Vulume (K Units) and Revenue (USD Billion), 2016 – 2026
      • 7.1.6. Global Motorcycle Market by Sports Motorbikes, Vulume (K Units) and Revenue (USD Billion), 2016 – 2026
      • 7.1.7. Global Motorcycle Market by Mopeds and Electronic Motorcycles, Vulume (K Units) and Revenue (USD Billion), 2016 – 2026
      • 7.1.8. Global Motorcycle Market by Motorcycles for Handicapped, Vulume (K Units) and Revenue (USD Billion), 2016 – 2026
      • 7.1.9. Global Motorcycle Market Analysis/ Overview – By Type
        • 7.1.9.1. ICE Motorcycle – Overview/ Analysis
        • 7.1.9.2. Scooters – Overview/ Analysis
        • 7.1.9.3. Motorbikes – Overview/ Analysis
        • 7.1.9.4. Light Motorcycles – Overview/ Analysis
        • 7.1.9.5. Sports Motorbikes – Overview/ Analysis
        • 7.1.9.6. Mopeds and Electronic Motorcycles – Overview/ Analysis
        • 7.1.9.7. Motorcycles for Handicapped – Overview/ Analysis
  • Chapter No. 8 : Motorcycle Market – Regional Analysis
    • 8.1. Global Motorcycle Market: Regional Overview
      • 8.1.1. Global Motorcycle Market (USD Billion) (K Units) 2016 – 2026
      • 8.1.1. Global Motorcycle Market Revenue (USD Billion) 2016 – 2026
    • 8.2. North America Motorcycle Market
      • 8.2.1. Overview
      • 8.2.2. North America Motorcycle Market, (K Units) (USD Billion) 2016 - 2026
      • 8.2.3. North America Motorcycle Market, Vulume (K Units) by Type, 2016 – 2026
      • 8.2.4. North America Motorcycle Market Revenue (USD Billion) by Type, 2016 – 2026
      • 8.2.5. U.S.
      • 8.2.6. Canada
    • 8.3. Europe Motorcycle Market
      • 8.3.1. Overview
      • 8.3.2. Europe Motorcycle Market, (K Units) (USD Billion) 2016 - 2026
      • 8.3.3. Europe Motorcycle Market, Vulume (K Units) by Type, 2016 – 2026
      • 8.3.4. Europe Motorcycle Market Revenue (USD Billion) by Type, 2016 – 2026
      • 8.3.5. Germany
      • 8.3.6. France
      • 8.3.7. U.K.
      • 8.3.8. Italy
      • 8.3.9. Spain
      • 8.3.10. Rest of Europe
    • 8.4. Asia Pacific Motorcycle Market
      • 8.4.1. Overview
      • 8.4.2. Asia Pacific Motorcycle Market, (K Units) (USD Billion) 2016 - 2026
      • 8.4.3. Asia Pacific Motorcycle Market, Vulume (K Units) by Type, 2016 – 2026
      • 8.4.4. Asia Pacific Motorcycle Market Revenue (USD Billion) by Type, 2016 – 2026
      • 8.4.5. China
      • 8.4.6. Japan
      • 8.4.7. India
      • 8.4.8. South Korea
      • 8.4.9. South-East Asia
      • 8.4.10. Rest of Asia Pacific
    • 8.5. Latin America Motorcycle Market
      • 8.5.1. Overview
      • 8.5.2. Latin America Motorcycle Market, (K Units) (USD Billion) 2016 - 2026
      • 8.5.3. Latin America Motorcycle Market, Vulume (K Units) by Type, 2016 – 2026
      • 8.5.4. Latin America Motorcycle Market Revenue (USD Billion) by Type, 2016 – 2026
      • 8.5.5. Brazil
      • 8.5.6. Mexico
      • 8.5.7. Rest of Latin America
    • 8.6. The Middle-East and Africa Motorcycle Market
      • 8.6.1. Overview
      • 8.6.2. The Middle-East and Africa Motorcycle Market, (K Units) (USD Billion) 2016 - 2026
      • 8.6.3. The Middle-East and Africa Motorcycle Market, Vulume (K Units) by Type, 2016 – 2026
      • 8.6.4. The Middle-East and Africa Motorcycle Market Revenue (USD Billion) by Type, 2016 – 2026
      • 8.6.5. GCC Countries
      • 8.6.6. South Africa
      • 8.6.7. Rest of Middle-East Africa
  • Chapter No. 9 : Company Profiles
    • 9.1. Bajaj Auto Ltd.
    • 9.2. Dayun Group
    • 9.3. Benelli QJ
    • 9.4. Ducati Motor Hulding S.p.A.
    • 9.5. Bayerische Motoren Werke (BMW) AG
    • 9.6. Harley-Davidson, Inc.
    • 9.7. Eicher Motors Limited
    • 9.8. Honda Motor Co., Ltd.
    • 9.9. Hero MotoCorp Ltd.
    • 9.10. Piaggio & C. SpA
    • 9.11. KTM AG
    • 9.12. Triumph Motorcycles Ltd.
    • 9.13. Suzuki Motor Corporation
    • 9.14. Vmoto Limited
    • 9.15. TVS Motor Company Ltd.
    • 9.16. Zero Motorcycles, Inc.
    • 9.17. Yamaha Motors Co., Ltd.
  • Chapter No. 10 : Motorcycle Market – Premium Insights
    • 10.1. Premium Insights from Primary Respondents
      • 10.1.1. Primary Respondent 1
      • 10.1.2. Primary Respondent 2
      • 10.1.3. Primary Respondent 3
      • 10.1.4. Primary Respondent 4

Methodology


Frequently Asked Questions

As the number of young population in the world is higher and increasing and lifestyle is taking certain changes, the young generation, even middle age and old people prefer to have their vehicle rather than traveling by public transport. It provides time flexibility and comfort to the user. This is the base of the global motorcycle market and its growth. Apart from that, many producers are inventing ways to build bikes which will run on eco-friendly supplies like solar energy, water or electricity. These efforts are helping to attract environmentally conscious people to the market.

According to Zion Market Research, global demand for the motorcycle market is expected to generate revenue of around USD 157.16 Billion by end of 2026, growing at a CAGR of around 3.9% between 2020 and 2026.

The U.S. and Europe are leading the motorcycle market due to more demand for a medium and heavy motorcycle. These regions are generating more demand globally owing to higher disposable income and favorable economy of the nations.

Some main participants of the motorcycle market are Bajaj Auto Ltd., Dayun Group, Benelli QJ, Ducati Motor Holding S.p.A., Bayerische Motoren Werke (BMW) AG, Harley-Davidson, Inc., Eicher Motors Limited, Honda Motor Co., Ltd., Hero MotoCorp Ltd., Piaggio & C. SpA, KTM AG, Triumph Motorcycles Ltd., Suzuki Motor Corporation, Vmoto Limited, TVS Motor Company Ltd., Zero Motorcycles, Inc., and Yamaha Motors Co., Ltd., among others.
Office Address

Corporate Office
Zion Market Research 244 Fifth Avenue, Suite N202 New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651

Asia Pacific Office
3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #
US OFFICE NO +1-386-310-3803
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com