Motorcycle is a kind of motor vehicle having two or three wheels. There are various types of motorcycle designed for different purposes such as long distance travel, sports including racing, commuting cruising and off road riding.
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Motorcycle Market - Global Industry Analysis and Forecast to 2020
1. Motorcycle Market - Global Industry Analysis and Forecast to 2020
Persistence Market Research
Motorcycle Market - Global Industry Analysis
and Forecast to 2020
Persistence Market Research 1
2. Motorcycle Market - Global Industry Analysis and Forecast to 2020
Persistence Market Research Released New Market Report on “Motorcycle Market - Global
Industry Analysis and Forecast to 2020”.
Motorcycle is a kind of motor vehicle having two or three wheels. There are various types of motorcycle
designed for different purposes such as long distance travel, sports including racing, commuting cruising
and off road riding.
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Motorcycles are broadly categorized on the basis of demand in various product segments namely Internal
Combustion Engine Motorcycles, Scooters, Mopeds, & Motorbikes, Light Motorcycles, Medium/Heavy
Motorcycles, Electric Motorcycles, Bicycles & Mopeds and Scooters & Other. Light motorcycles are
showing the largest growth in the market due to their lower cost and largest displacement models.
Rising economic, growing standards of living, increasing westernized lifestyles greater fuel efficiency
these engine offers compare to automobile and other light vehicle and higher petroleum cost are driving
the demand for motorcycle market. Moreover, development of new internal combustion (ICE) engines,
easy to operate in congested urban areas and low cost are some of the major growth opportunities of
motorcycle market. Harley-Davidson dominates the motorcycle market.
As it is known that fuel such as petroleum is a non-renewable source of energy. Petroleum cost is
increasing day by day also due to the increase in the number of vehicle. On the other hand, now a day
light vehicle become more affordable due to increase in the per capita income level as a result more
people are showing their interest in automobile such as car. In addition, motorcycles are more risky
compared to cars as people do not have any type of outer protection. Therefore car is safer way of
travelling than motorcycle. These are some of the problems which are restraining the motorcycle market.
Worldwide sales of motorcycle are likely to gain momentum by increasing standards of living in the
developing countries. With the largest population, China is likely to remain the largest market of
motorcycle followed by India and Indonesia in the Asia Pacific region. The Asia Pacific region where
people mainly utilize inexpensive motorcycles is likely to control the worldwide demand with ICE
motorcycle dominating the global market. However, the growth rate in Asia Pacific region is expected to
be slower than in North America and Eastern Europe owing to the sheer volume of motorcycle demand in
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3. Motorcycle Market - Global Industry Analysis and Forecast to 2020
Asia. Whereas U.S. will lead in terms of higher product sales especially of medium and heavy motorcycle
due to more favorable economic condition. In rising economies where motorcycles are an attractive option
to walking, utilizing mass transit or riding a bicycle, growth in the motorcycle sales is accelerated by the
increase in per capita income
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Some of the major companies operating in motorcycle market include Bajaj Auto Limited, Bayerische
Motoren Werke AG, Benelli QJ, see Zhejiang Qianjiang Motorcycle, China Jialing Industrial Company
Limited, Chongqing Jianshe Motorcycle Company Limited, Chongqing Lifan Industry Group Company
Limited, Chongqing Loncin Industry Group Company Limited, Dachangjiang Group Company Limited,
Daelim Industrial Company Limited, Dafra da Amazonia Industria e Comercio de Motocicletas Limitada,
Dayun Group Company Limited, Ducati Motor Holding SpA, Eicher Motors Limited, Giant Manufacturing
Company Limited, Grand River Group, see Dachangjiang Group, Guangzhou Dayang Motorcycle, see
Dayun Group, Haojue Suzuki Motorcycle Changzhou, Dachangjiang Group and Suzuki Motor, Harley-
Davidson Incorporated, Hero MotoCorp Limited, Honda Motor Company Limited.
Key points covered in the report:-
1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
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4. Motorcycle Market - Global Industry Analysis and Forecast to 2020
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