Global Motorcycle Market Growth by 2022: Motorcycle Market Size, Share & Trends Analysis Report by Product (Motorbike, Scooter, Mopeds), Competitive Landscape and Segment Forecasts 2017 – 2022

Posted on 2018-07-12 by Mark Hub in Automotive // 0 Comments

Dublin 2, Ireland, 2018-Jul-12 — 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.

The scope of the report is to analyze the global motorcycle market for the forecast period 2017 to 2022 and give readers an accurate, unbiased analysis. Motorcycle manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

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Motorcycles are two-wheeled vehicles that have no pedals, and run on an automotive engines. Electric motors are also used in powering a motorcycle, while a majority of them are equipped with combustion engines. Motorcycles are engineered, assembled and manufactured in order to attain desired performance, costs and aesthetics. While frame, suspension and front fork are key component of a motorcycle chassis, these vehicles also include an engine, transmission system, final drive (chain lubrication), wheels, tires, brakes and other instruments.

The fast-growing, dynamic APEJ region, led by China and India is expected to be a major driver of the global motorcycle market in the next five years. Rising affluence and the desire for personal mobility in these populous nations along with Indonesia, Thailand, Vietnam, and Malaysia should ensure that APEJ has maximum relevance in the global automotive motorcycle market. Global motorcycle manufacturers have already established their manufacturing units here and some of them even export to other markets. That is why key stakeholders in the motorcycle market are advised to target important countries in this strategic region. The global motorcycle market is anticipated to be worth nearly US$ 150 billion in 2022 from a value of just under US$ 120 billion in 2017 with a CAGR of 4.5%.

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.

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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.

Below 250 cc segment a Potential Multibillion Market Opportunity

Most of the action in the motorcycle market is in the sub 250 cc segment and companies are recommended to make their business decisions keeping this is mind. The 250 cc segment is projected to touch US$ 94 billion by end 2022. Even the 200 – 500 cc segment is quite lucrative as it will present a sizeable market value in 2017 alone. Increasing demand for motorcycles for intercity commute will continue to boost the growth of this segment.

Table of Contents

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

2.5. Supply Chain. 17

2.6. Cost Structure. 17

2.7. Pricing Analysis. 18…………………………….Continued

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