Motorcycle Market Analysis By Motorcycle Type (Adventure, Cruiser, Mopeds, Sports, Standard & Touring Motorcycle) By Engine Capacity (Up to 150 CC, 151-300 CC, 301-500 CC, 501-800 CC, 801-1000 CC, 1001-1600 CC & Above 1600 CC) By Region – Global Market Insights 2022 to 2032
The motorcycle market is set to enjoy a valuation of US$ 98.8 billion in 2022 and further expand at a CAGR of 3.8% to reach US$ 144 billion by the end of 2032.
Electric Motorcycle will grow 5X higher than convention IC engine motorcycle and cater a vast majority of customer. Further, development in adventure and touring segment is likely to create a high revenue stream for manufacturers.
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The world’s leading manufacturers of motorcycle products are employing sustainable technologies and optimization systems for diverse end users. Key manufacturers are focusing on developing new product designs to address problems in terms of product placement in harsh riding environments. Moreover, expertise and professionalism in planning, designing, and providing minimum pollution level are at the backbone of their marketing strategies.
- In Jan. 2020, Red Bull KTM Factory Racing’s Tom Vialle has been crowned 2020 FIM MX2 Motorcross World Champion. The company has started investing more to launch more products over the coming years.
- In May. 2019, Bajaj Auto Limited launched its new extensive range of motorcycle equipment such as DTS-i, full LED headlamp with vertical auto headlamp on, twin projector headlamps, and others.
Key Companies Profiled:
- Yamaha Motor Co., Ltd
- Suzuki Motor Corporation
- Honda Motor Company Ltd.
- Hero MotorCorp Limited
- Eicher Motors Limited
- TVS Motor Company Limited
- Harley Davidson Motor Company Inc.
- Bajaj Auto Limited
- Ducati Motor Holding S.p.A
- Kawaski Heavy Industries Ltd.
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Segmentation of Motorcycle Industry Research
- By Type:
- By Capacity:
- Up to 150 CC
- 151-300 CC
- 301-500 CC
- 501-800 CC
- 801-1000 CC
- 1001-1600 CC
- Above 1600 CC
- By Region:
- North America
- Latin America
- Asia Pacific
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Questionnaire answered in the Motorcycle Market report include:
- How the market for Motorcycle has grown?
- What is the present and future outlook of the global Motorcycle on the basis of region?
- What are the challenges and opportunities for the Motorcycle?
- Why the consumption of Motorcycle highest in region?
- In which year segment is expected to overtake segment?
What makes Fact.MR report stand out from others?
- Fact.MR follows a six-point mechanism known as E.V.O.L.V.E. (Evaluate. Visualize. Overcome. Leverage. Verify. Eradicate.). The report is specially created to assess the COVID-19 impact on the Motorcycle market. This mechanism focuses on almost all the factors in a definite manner to provide the best research report for the market stakeholders.
- Evaluate: A Fact.MR report evaluates every small aspect that can prove to be a growth generator for the Motorcycle market, thus, making it different and special from other reports.
- Visualize: The authors involved in the research activities visualized the post-COVID-19 era so that the key stakeholders of market get an overview and helps them take certain steps to ensure continuous growth during the forecast period.
- Overcome: The report scrutinizes on points that can prove to be an Achilles heel to the Motorcycle market and assists to create strategies to overcome the obstacles that may hinder the growth of the Motorcycle market.
- Leverage: The Motorcycle market can leverage certain aspects that can prove beneficial for the increase in growth rate. Fact.MR covers all the points on which the key stakeholders can leverage upon.
- Verify: Research is done systematically to assure validation of all the aspects covered in the report. All the points are rechecked and verified thoroughly to avoid flaws and fake information.
- Eradicate: Last but not the least, this aspect helps the key stakeholder eradicate all the obstacles that come between the growth rate and the Motorcycle market.
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