Global Motorcycle Start-stop System Market to Reach US$12.3 Billion by 2030
The global market for Motorcycle Start-stop System estimated at US$5.7 Billion in the year 2023, is expected to reach US$12.3 Billion by 2030, growing at a CAGR of 11.7% over the analysis period 2023-2030. Premium Motorcycle Start-stop System, one of the segments analyzed in the report, is expected to record a 11.2% CAGR and reach US$10.1 Billion by the end of the analysis period. Growth in the Commuter Motorcycle Start-stop System segment is estimated at 13.8% CAGR over the analysis period.
The U.S. Market is Estimated at US$1.5 Billion While China is Forecast to Grow at 15.1% CAGR
The Motorcycle Start-stop System market in the U.S. is estimated at US$1.5 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 15.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 8.1% and 9.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.9% CAGR.
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