Press release
(2022-2031) On-Road Motorcycles Market Potential Growth, Size, Share, Technology Trends And Opportunities | Harley-Davidson Incorporation, Yamaha Motor Co Ltd, Ducati Motor Holding S.p.A, Honda Motor Co Ltd, Kawasaki Heavy Industries Ltd
On-Road Motorcycles Market
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The global on-road motorcycles market report by the business research company identifies rising number of motorbike sports users to be a major growth driver for the on-road motorcycles market. The rising number of motorbike sports users is expected to propel the growth of the on-road motorcycle market going forward. Motorbike sport is a broad field that encompasses all sporting aspects of motorcycling. In motorbike racing and other motorbike sports, on-road bikes are used as they are much faster than off-road bikes and motorbike sports users use their on-road motorcycles for riding around the pits or staging areas of a motocross races and other motorbike sports.
The global on-road motorcycles market size is expected to grow from $50.32 billion in 2021 to $55.41 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The on-road motorcycles market is expected to grow to $82.02 billion in 2026 at a compound annual growth rate (CAGR) of 10.3%.
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Asia-Pacific was the largest region in the on-road motorcycles market in 2021. North America is expected to be the fastest-growing region in the forecast period. The regions covered in on-road motorcycles market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the on-road motorcycles market are Harley-Davidson Incorporation, Yamaha Motor Co Ltd, Ducati Motor Holding S.p.A, Honda Motor Co Ltd, Kawasaki Heavy Industries Ltd, BMW AG, Suzuki Motor Corporation, Hero MotoCorp Limited, Bajaj Auto Ltd, TVS Motor Company, Triumph Bikes, Aprilia, KTM Sportmotorcycle GmbH, Royal Enfield, and Moto Guzzi.
The global on-road motorcycles market is segmented -
1) By Type: Sports Bikes, Cruiser Motorcycles, Touring Motorcycles, Standard Motorcycles
2) By Application: Personal, Commercial
3) By End User: Offline, Online
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The On-Road Motorcycles Market Report Contents Include
1. Executive Summary
2. On-Road Motorcycles Market Characteristics
3. On-Road Motorcycles Market Trends And Strategies
4. On-Road Motorcycles Market - Macro Economic Scenario
5. On-Road Motorcycles Market Size And Growth
....
27. On-Road Motorcycles Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The On-Road Motorcycles Market
29. On-Road Motorcycles Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the on-road motorcycles market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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