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Market Overview:
According to MRFR analysis, the global motorcycle market is expected to register a CAGR of ~4.10% from 2022 to 2030 and hold a value of over USD 180.94 billion by 2030. The motorcycle market refers to the global industry of manufacturing and selling motorcycles, which are two-wheeled vehicles powered by internal combustion engines, electric motors, or other means. The market includes various types of motorcycles such as cruisers, sports bikes, touring bikes, scooters, and others. The COVID-19 pandemic has had a significant impact on the global motorcycle market.
The pandemic caused a temporary shutdown of production facilities, disrupted the supply chain, and affected consumer demand. In addition, lockdown measures in various countries reduced the use of motorcycles for transportation and leisure purposes, leading to a decline in sales. However, the market has shown signs of recovery as the world emerges from the pandemic.
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Regional Analysis
The motorcycle market is regionally segmented into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is the largest market for motorcycles, driven by the high demand from countries such as India, China, and Indonesia. Europe and North America are also significant markets, driven by the popularity of motorcycles as a leisure activity and transportation mode. In the Rest of the World, countries such as Brazil and South Africa are emerging markets for motorcycles.
Market Segmentation
The Global motorcycle market has been segmented into application and end-user.
Based on Application: Handlers and Postures
Based on End-Users: Cruiser, Adventure, Touring, Standard and Sports
Key Players
Some of the market key players are Honda Motor Co., Ltd. (Japan), Suzuki Motor Corporation (Japan), Polaris Industries, Inc. (US), Yamaha Motor Co., Ltd. (Japan), Harley-Davidson, Inc. (US), PIERER Mobility AG (Austria), BMW AG (Germany), Kawasaki Heavy Industries, Ltd. (Japan), Triumph Motorcycles (UK), Hero MotoCorp Ltd. (India), Bajaj Auto Ltd. (India), TVS Motor Company (India), Ducati Motor Holding S.p.A. (Italy) and Eicher Motors Limited (India)
TABLE OF CONTENTS
1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Global Motorcycles Market, By Type
1.1.2 Global Motorcycles Market, By Country
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 List Of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Top-Down And Bottom-Up Approach
3.6 Forecast Model
4 Market Dynamics
4.1 Drivers
4.1.1 Rise In The Middle-Income Population
4.1.2 New Motorcycle Models And Sports Activities Are Attracting New Consumers
4.2 Restraint ……
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