Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 139.25 Billion | USD 192.77 Billion | 3.68% | 2023 |
List of Figures
FIG NO. 1 Research Methodology
FIG NO. 2 Market Research Process
FIG NO. 3 Secondary Research
FIG NO. 4 Company Share Analysis Model
FIG NO. 5 Revenue Based Model
FIG NO. 6 Primary Research
FIG NO. 7 Global Motorcycle Market, Volume (K Units) and Revenue (USD Billion), 2016 - 2026
FIG NO. 8 Porter’s Five Forces Analysis for Global Motorcycle Market
FIG NO. 9 Global Motorcycle Market Revenue Share (%) by Product, 2019 & 2026
FIG NO. 10 Global Motorcycle Market by ICE Motorcycle, Volume (K Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 11 Global Motorcycle Market by Scooters, Volume (K Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 12 Global Motorcycle Market by Motorbikes, Volume (K Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 13 Global Motorcycle Market by Light Motorcycles, Volume (K Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 14 Global Motorcycle Market by Sports Motorbikes, Volume (K Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 15 Global Motorcycle Market by Mopeds and Electronic Motorcycles, Volume (K Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 16 Global Motorcycle Market by Motorcycles for Handicapped, Volume (K Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 17 North America Motorcycle Market, (K Units), (USD Billion) 2016 - 2026
FIG NO. 18 Europe Motorcycle Market, (K Units), (USD Billion) 2016 - 2026
FIG NO. 19 Asia Pacific Motorcycle Market, (K Units), (USD Billion) 2016 - 2026
FIG NO. 20 Latin America Motorcycle Market, (K Units), (USD Billion) 2016 - 2026
FIG NO. 21 The Middle-East and Africa Motorcycle Market, (K Units), (USD Billion) 2016 - 2026
List of Tables
TABLE 1 Global Motorcycle Market: Snapshot
TABLE 2 Drivers of the Motorcycle Market: Impact Analysis
TABLE 3 Restraints for the Motorcycle Market: Impact Analysis
TABLE 4 Global Motorcycle Market Revenue (USD Billion) (K Units), 2016 – 2026
TABLE 5 Global Motorcycle Market Revenue (USD Billion), 2016 – 2026
TABLE 6 North America Motorcycle Market, Volume (K Units) by Type, 2016 – 2026
TABLE 7 North America Motorcycle Market Revenue (USD Billion) by Type, 2016 – 2026
TABLE 8 Europe Motorcycle Market, Volume (K Units) by Type, 2016 – 2026
TABLE 9 Europe Motorcycle Market Revenue (USD Billion) by Type, 2016 – 2026
TABLE 10 Asia Pacific Motorcycle Market, Volume (K Units) by Type, 2016 – 2026
TABLE 11 Asia Pacific Motorcycle Market Revenue (USD Billion) by Type, 2016 – 2026
TABLE 12 Latin America Motorcycle Market, Volume (K Units) by Type, 2016 – 2026
TABLE 13 Latin America Motorcycle Market Revenue (USD Billion) by Type, 2016 – 2026
TABLE 14 The Middle-East and Africa Motorcycle Market, Volume (K Units) by Type, 2016 – 2026
TABLE 15 The Middle-East and Africa Motorcycle Market Revenue (USD Billion) by Type, 2016 – 2026
FrequentlyAsked 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, the global Motorcycle Market was worth USD 139.25 Billion in 2023. The market is forecast to reach USD 192.77 Billion by 2032, growing at a compound annual growth rate (CAGR) of 3.68% during the forecast period 2024-2032.
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.
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