Global Motorcycles
Global demand for motorcycles is projected to expand 4.3% per year in unit terms through 2024, an improvement over the 2014-2019 performance. The expansion of the motorcycle market will be bolstered by rising personal incomes in many industrializing countries, as well as the expansion of their road networks, increasing access to financing options for motorcycle purchases, and concerns about public transportation overcrowding.
Surging e-bike sales in Europe and North America, as well as Japan and a number of other mature markets, will provide much of the impetus for growth. Although growth in the near term will be disrupted by the global COVID pandemic, consumers in many parts of the world will increasingly turn to motorcycles as public transportation becomes less appealing and cars remain prohibitively expensive.
Among the types of motorcycles covered in this study are:
Internal Combustion Engine:
Scooters, Mopeds, & Motorbikes
Light Motorcycles
Medium & Heavy Motorcycles
Electric Motorcycles
Motorcycle data is provided for 24 nations in the following regions:
North America
Central & South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast
Scope of the Report
This report covers the scope, size, and growth of the global motorcycle market, including demand by product. Historical figures are provided for 2009, 2014, and 2019 with forecasts for 2024. Demand, production, and net exports are presented in units. In addition, the study analyzes the structures of both the global ICE and electric motorcycle industries and gives market share figures for leading producers in both unit and dollar terms.
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