Off-Road Motorcycle Market Research Report By Type (Trail Dirt Bike, Dual Sport Bike, Enduro Bike, Motocross Dirt Bike, Adventure Bike, Trails Bike, and Others), by Propulsion (ICE Motorcycle, Electric Motorcycle), by Stroke (2-stroke, and 4-stroke), by Engine Displacement (Up to 125 cc, 126-250 cc, 251-500 cc, 501 cc and Above), by Application (Racing Drivers/Professionals, Motorcycle Enthusiast/Amateur), By End Use (Adults, and Kids & Youth) By Region (North America, Europe, Asia-Pacific, Middle East and Africa, South America) Industry Forecast to 2032
In 2023, the Off-Road Motorcycle Market Size was estimated to be USD 8,172.80 million. The Off-Road Motorcycle Market industry is anticipated to experience a compound annual growth rate (CAGR) of 4.6% from USD 8,751.2 million in 2024 to USD 12,510.2 million by 2032. Several critical factors are driving the robust growth of the Off-Road Motorcycle Market. The market has advanced due to the growing prevalence of off-road and adventure sports. The market is being further stimulated by the expansion of infrastructure for off-road racing events and trails.
Market segment insightsThe Off-Road Motorcycle Market has been categorized into the following type categories: Trail Dirt Bike, Dual Sport Bike, Enduro Bike, Motocross Dirt Bike, Adventure Bike, Trails Bike, and Others.
The Off-Road Motorcycle Market has been divided into two categories: ICE Motorcycle and Electric Motorcycle, based on the mode of propulsion.
The Market has been divided into two categories: 2-stroke and 4-stroke, based on the stroke.
The Market has been divided into four segments based on engine displacement: Up to 125 cc, 126-250 cc, 251-500 cc, and 501 cc and above.
The Off-Road Motorcycle Market has been divided into two segments: Racing Drivers/Professionals and Motorcycle Enthusiast/Amateur, based on application.
The Market has been segmented into two categories: adults and kids and youth, based on end use.
Regional PerspectivesThe study offers market insights into North America, Europe, Asia-Pacific, Middle East and Africa, and South and Central America by region. Asia Pacific held the largest market share in 2023, while Europe is anticipated to experience the highest compound annual growth rate (CAGR) during the forecast period.
At present, the Asia-Pacific region is experiencing rapid development in the off-road motorcycle industry, which includes China, India, and Australia. The primary factors driving this trend are the growing demand for outdoor activities and the rise in disposable income per capita. The Australian market is mature, and the population there has a greater affinity for off-road cycling. Conversely, the new markets of India and China are experiencing heightened concern for motorsports and recreational biking. In developing countries, youthful riders are increasingly adopting cheaper off-road motorcycles. Additionally, the region's increasing interest in adventure tourism is creating demand for dual-sport motorcycles and adventure motorcycles. The Asia-Pacific region is expected to experience significant development as a result of the growing middle class and the large population.
Germany, Italy, and the United Kingdom are among the European markets that are significant consumers of off-road motorcycles. The country's substantial motorsports culture and the popularity of motocross and enduro races contribute to the high demand for these types of motorcycles. Europe is home to both professional riders and motorcycle sportsmen and women who participate in off-road motorcycle riding for both recreational and competitive purposes. The region is also experiencing a growing interest in electric motorcycles as a result of the movement toward green mobility and environmental laws and regulations. Another factor contributing to the rise in demand is adventure tourism, particularly for touring cycles that are capable of cycling on roads and tracks and can cover long distances.
Major PlayersHonda Motor Co., Ltd., KTM, Kawasaki Heavy Industries Ltd., Yamaha Corporation, Husqvarna Group, Suzuki Motor Corporation, Ducati, Sherco, GasGas Motorcycles, Betamotor S.p.A., Triumph Motorcycle Ltd., and Stark Future are among the key companies in the Off-Road Motorcycle Market.