Global Motorcycle Market Share, Growth, Region Wise Analysis of Top Players, Application and Forecasts 2022

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Dublin 2, Ireland, 2018-Mar-14 — /EPR Network/ — A fresh study, covering Motorcycle Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been broadcasted to wide online repository of Fact MR, which presents deep focus on the Retail & Consumer Goods Market. This smart study contains precise data that offers a clear insight about market current scenario and future projections for the benefit of readers. Moreover, the study enclosed significant data which tends to make the research a powerful source for analysts and industry experts who are looking to gain necessary knowledge about the prevailing market trends, opportunities and drivers present in the “Motorcycle Market”.

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A rise in standards of living across developing economies, such as China, India and Indonesia, is expected to influence the growth in adoption of motorcycles in these regions. In addition, superior fuel efficiency offered by motorcycles as compared to automobiles, coupled with rapidly growing population will result into a higher demand for motorcycles in the near future. Developed countries are likely to witness higher sales, especially of medium and heavy motorcycles, with economic conditions becoming more favorable and consumers resuming the purchase of expensive recreational items. A recent report by Fact.MR offers a detailed analysis about the global motorcycle market for the forecast period 2017 to 2022.

Light motorcycles Larger than All other Segments in Motorcycle Market

The light motorcycle segment represents an impressive market opportunity in 2022 and it is predicted to be larger than all other segments in the motorcycle market. Light motorcycles will have a revenue share of 10% in 2017. However, the needs of all customers cannot be satisfied by light motorcycles. A substantial number prefer scooters for a number of reasons such as style, convenience, and ease of use when compared to light motorcycles. That is why the scooter segment of the motorcycle market is poised to attain considerable value in 2017, albeit, will record a sluggish CAGR from 2017-2022. As mentioned above, APEJ accounts for almost four-fifth of the light motorcycle and scooter segments in the motorcycle market and it is extremely likely to retain its dominant share throughout the duration of the forecast period.

Affluent Customers Seek out Sports Motorbikes

The sports motorbikes segment is a niche, yet highly profitable segment in the motorcycle market. Customers with a high disposable income who look for differentiated products are the prime target for sports motorbike manufacturers and this segment is estimated to grow impressively to reach an estimated value of US$ 14 billion in 2022.  Another niche yet vital segment is that of electric scooters. Customers desire electric scooters primarily because of their eco-friendly credentials and the rising prices of gasoline. As technological advancements sweep through the market, electric scooters could become a focus area for large players in the motorcycle market going forward. With a vigorous CAGR and a potential multibillion-dollar market in 2022 ripe for the picking, this is hardly a surprise.

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Table of Content:

Chapter 1. Global Motorcycle Market – Executive Summary. 11

Chapter 2. Global Motorcycle Market Overview. 13

2.1. Introduction. 13

2.1.1. Global Motorcycle Market Taxonomy. 13

2.1.2. Global Motorcycle Market Definition. 13

2.2. Global Motorcycle Market Size (US$ Mn) and Forecast, 2012-2022. 14

2.2.1. Global Motorcycle Market Y-o-Y Growth. 14

2.3. Global Motorcycle Market: Macroeconomic Factors. 14

2.3.1. Economic Outlook. 14

2.3.2. Profitability of Enterprises. 15

2.3.3. Inflation and Deflation. 15

2.3.4. Supply chain Issues. 15

2.4. Global Motorcycle Market Dynamics. 15

2.4.1. Drivers. 15

2.4.1.1. The Influence of China. 15

2.4.1.2. Increasing Purchasing Power of Middle Class. 16

       2.4.2. Trends. 16

2.4.2.1. Adoption of New Mobility Solutions. 16

2.4.2.2. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 16

2.4.2.3. Rising Complexity Influencing Greater Emphasis on Platformimg. 17

Continued….

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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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