Off-Road Motorcycle Market 2018 Global Size, Share, Leading Players Analysis: ROKON, Torrot, Husqvarna, Alta Motors, Betamotor, Sherco, TRS Motorcycles, Kuberg, Honda, Chritini, KTM, Kawasaki and Suzuki Motors

Off-Road Motorcycle Market is to grow at 7% CAGR over the forecast period of 2018 to 2023. Off-Road Motorcycle Market Report - Forecast to 2023 is latest research report published by “Market Research Future”, which provides comprehensive information on Global Off-Road Motorcycle Market Size, Share, Industry Trends, Regional Analysis with historic and forecast data to 2023.

Off-Road Motorcycle Global Industry is segmented by Type (Dirt Bikes, Adventure Bikes, Trial Bikes, Enduro Bikes, Kids Motorbikes and Others), By Application (Recreational and Defense) And by Region.

Off-Road Motorcycle Global Market Key Players Analyzed in Report Are:

ROKON (U.S.), Torrot (Spain), Husqvarna Motorcycles GmbH (Sweden), Alta Motors (California), Betamotor (Italy), Sherco (Spain), TRS Motorcycles (U.S.), Kuberg (Czech Republic), Honda (Japan), Chritini Technologies (U.S.), KTM (Austria), Kawasaki Motorcorp (U.S.) and Suzuki motors (Japan).

Get Sample Copy Of “Off-Road Motorcycle Market Research Report – Forecast to 2023” At: https://www.marketresearchfuture.com/sample_request/5581

Off-Road Motorcycle Market Highlights:

Off-road motorcycle refers to the non-road licensed motorcycle that are used for the recreational purpose or for riding off-the-road. They can be driven on all-terrain roads including trail roads and others. They are most prepared in racing course, competitions, and adventure.

Off-road refers to driving surfaces that are not conventionally paved. These are rough surfaces and unpaved terrain. There are various types of off-road motorcycles that are specially designed for off-road events. They are manufactured mostly for competitions, racing course, and adventure. The global off-road motorcycle market has observed tremendous growth and its demand in the future is projected to grow with the CAGR of 7% from 2018 to 2023 (forecast period), as reported extensively by Market Research Future (MRFR). 

One primary driver propelling the growth of this market is innovation in suspension control systems. The advanced suspension ability of off-road motorcycles is a key factor driving the growth of the market. Technological evolution in this field has had a favorable impact on the market, and active efforts and investments by manufacturers to enhance the performance of suspension systems during the forecast period. In many countries across the globe, off-road motorcycles have gained a cult among the urban population. The increasing environmental awareness amongst the people has also propelled the demand for zero emission electric and solar powered Off-Road Motorcycles.

Also, the rising demand from defence sector is expected to show growth opportunities over the forecast period. Technological development and the introduction of electric motorcycles and hybrid electric motorcycles have drastically changed the scope of the off-road motorcycle market, specifically in the defense application. There has been a considerable increase in defence budgets across the globe in major economies, which is expected to have a trickledown effect in the off-road motorcycle market. Apart from defence application, overall popularity and growing awareness regarding off-road motorcycling events and the dedicated core customer base of off-road motorcycle enthusiasts, are expected to majorly lead to the growth of the off-road motorcycle market during the forecast period.

Off-Road Motorcycle Market Segmentation:

The off-road motorcycle market is segmented by type, which are dirt bikes, trial bikes, enduro bikes, kids motorbikes, adventure bikes, and others. Amongst this, the trial bikes segment is projected to lead the market. These are used for off-road and recreational riding which test the balancing skills rather than focus on the speed. A trial bike is not used in competitions. They have dual-purpose tires with equipment such as mirrors, indicators, and others.

Major applications include recreational and defense. For defense purposes, off-road motorcycles were used during the world wars primarily for communication, transportation, and reconnaissance purposes. The demand for these off-road motorcycles experienced a steep decline post the world wars, mainly due to the general demand not able to compete with the enormous demand for off-road motorcycles.  Manufacturers are enjoying a continuous increase in demand for off-road motorcycles lately and are actively investing in research and development to come up with motorcycles tailor-made for defense applications. The main advantage these bikes offer is mobility and travel in tight and difficult terrain, especially in areas like mountains, riverbanks, fallen trees and many more. Even usability and portability are some of the factors that provide an edge to these bikes in the competitive market.

Regional Analysis:

Geographically, the global Off-Road Motorcycle Market has been divided into four major regions such as North America, Europe, Asia Pacific and Rest of the World. Asia Pacific region is expected to grow with the highest CAGR over the forecast period. The recent shift in the preference from mileage to vehicle looks and features is also expected to result in the high demand for an Off-road motorcycle. The market is also expected to grow during the forecast period owing to increasing population, rapid industrialization and aggressive expansion of manufacturing sector.

With major manufacturers investing in the booming automotive industry the Asia-Pacific region, the off-road motorcycle market is projected to witness rapid growth during the forecast period. Growing awareness among individuals regarding offroad motorcycle events is expected to push the demand in this region. The market has been experiencing rapid growth owing to the rising sales of motorcycles, the shift of global players focusing on this region and technological advancements are giving much-needed thrust to the automotive off-road motorcycle market.

Major Table Of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continued....

List of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

Continued...

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