Off Road Motorcycle Market Brief Analysis By Top Key Players - Husqvarna Motorcycles, TRS Motorcycles, Kawasaki Motorcorp, Alta Motors, Chritini Technologies, Ural Motorcycles, KTM, BMW Group, ROKON International

Polaris Market Research presents a most up-to-date research on “Off Road Motorcycle Market, [By Type (Dual-Sports, Adventure Bikes, Raid Bikes, Motocross, Trial Bikes, Others); By Distribution Channel (OEM, Aftermarket); By Application (Recreation, Defense); By Region]: Market Size & Forecast, 2018 – 2026”.

According to the latest market report published by the company titled ‘Off Road Motorcycle Market: Global Industry Analysis and Forecast, 2018 – 2026,’ the global Off Road Motorcycle Market is projected to reach 412 Thousand Units by the end of 2026 and grow at a CAGR of 8.5% during the forecast period.

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Major Key Players -

• Husqvarna Motorcycles GmbH
• TRS Motorcycles
• Kawasaki Motorcorp
• Alta Motors
• Chritini Technologies
• Ural Motorcycle
• KTM AG
• BMW Group
• ROKON International Inc.

Off road motorcycles are designed for off-roading and use on uneven and unconventionally paved surfaces. These bikes are manufactured to endure rough terrains and mountainous regions while offering high durability and performance. These bikes are equipped with rugged tires and suspension for high performance.

The demand for off road motorcycles market has increased over the years owing to increasing demand for adventure activities, and increasing events to promote off road motorcycling. The demand for sports and adventure activities has significantly increased the adoption of off road motorcycles. The increasing initiatives from private organizations to promote biking activities and increasing adoption of electric bikes further supports off road motorcycle market growth. Growing demand from emerging economies, increasing tourism activities, and technological advancements are expected to provide numerous growth opportunities for off road motorcycle market during the forecast period.

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The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Off road motorcycle Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

The North America off road motorcycle market generated the highest revenue in 2017 owing to increasing tourism industry, and growing trend of adventure sports in this region. The high purchasing power of consumers, and technological advancements drive the market growth in the region.

Competitive Landscape and Key Vendors

The global Off road motorcycle market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

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Key Segments

Type

• Dual-Sports

• Adventure Bikes
• Raid Bikes
• Motocross
• Trial Bikes
• Others

Distribution Channel

• OEM
• Aftermarket

Application

• Recreation
• Defense

About Polaris Market Research

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This release was published on openPR.