Motorcycle And Bicycle Market 2020 Business Scenario - Yamaha; Honda; BMW; Harley Davidson; Kawasaki

The Motorcycle And Bicycle Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global motorcycle and bicycle market is expected to decline from $78.4 billion in 2019 to $77.3 billion in 2020 at a compound annual growth rate (CAGR) of -1.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $97.4 billion in 2023.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Motorcycle And Bicycle Market: Yamaha; Honda; BMW; Harley Davidson; Kawasaki and others.

Industry News:

06 May 2020: Royal Enfield is planning to get into the world of connected two-wheelers. According to our sources, the company is likely to introduce Bluetooth connectivity systems along with a navigation system. These new connected features are likely to make its way to at least two to three future motorcycles. There are a few motorcycle companies like TVS and Hero MotoCorp that have already made their presence felt in this segment. The Chennai-based company plans to take the smartphone as well as integrated Bluetooth connectivity approach. The upcoming Meteor could get the connected system as it will be one of the first bikes spawning Royal Enfield's new platform. The launch of this Royal Enfield has been postponed due to the current COVID-19 situation.

Market Overview:

Asia Pacific was the largest region in the global motorcycle and bicycle market, accounting for 41% of the market in 2019. North America was the second largest region accounting for 20% of the global motorcycle and bicycle market. Africa was the smallest region in the global motorcycle and bicycle market.

Vehicle to vehicle communication and infotainment systems are the important technology trends in motorcycle safety. These infotainment systems have been highly adopted by companies such as Harley-Davidson, BMW and Honda bringing connectivity, entertainment and information to riders and providing important information in the most convenient manner. However, the more interesting development in Vehicle to vehicle technology new smartphone apps and Intelligent Transport Systems (ITS) and self-driving autonomous vehicles.

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Regional Analysis For Motorcycle And Bicycle Market:

For comprehensive understanding of market dynamics, the global Motorcycle And Bicycle market is analyzed across key geographies namely:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Motorcycle And Bicycle Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020-2023.

Following are major Table of Content of Motorcycle And Bicycle Market:

- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Market competition by top Players
- Analysis by Regions
- Consumption by Regions
- Consumption, By Types, Revenue and Market share by Types
- Consumption, By Applications, Market share (%) and Growth Rate by Applications
- Complete profiling and analysis of Players
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Market Effect Factors Analysis
- Global Market Forecast
- Global Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter's Five Forces Analysis and SWOT Analysis.

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How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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