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Off-road Motorcycle Market Size, Outlook, Analysis Report, Regional Outlook With Forecast 2031

12-02-2022 04:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: allied market research

Off-road Motorcycle Market Size, Outlook, Analysis Report,

According to a new report published by Allied Market Research, titled, "Off-road Motorcycle Market," The off-road motorcycle market was valued at $8.5 billion in 2021, and is estimated to reach $16.02 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.

The concept of the off-road motorcycle is typically attributed to a non-road licensed motorcycle used for recreational and different off-road motorcycling events. Meanwhile, this motorcycle is lightweight, powerful, fast, and nimble and is equipped with rugged tires and suspension for riding cross country or over unpaved ground. Also, it offers enhanced durability and performance in rocky and mountainous terrains, grassy regions, and steep slopes. In addition, it has an attractive shape that attracts youth and helps to change their preference. Furthermore, off-road motorcycle manufacturers are also focusing on new inventions related to frame metals, riding styles, and shapes to make them more advanced. Thus, the continuous focus & improvement in off-road motorcycles owing to their demand propels the off-road motorcycle market.

Download Report (PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/6791

 The leading players operating in the off-road motorcycle market are Benelli, Betamotor S.p.A., BMW AG, Bultaco, Christini AWD Motorcycles, Cobra, Honda Motor Co., Ltd., Husqvarna Motorcycles, Kawasaki Heavy Industries Ltd., KTM AG, Kuberg, Piaggio & C. SpA (Aprilla), Polini Motori , ROKON International Inc., Scorpa, Sherco, SSR Motorsports, Suzuki Motor Corporation, Torrot Electric Europa S.A., Triumph Motorcycles, TRS Motorcycles, Ural Motorcycles, Yamaha Motor Co., Ltd., and Zero Motorcycles, Inc.

The factors such as rise in popularity & evolution of motocross events, increase in disposable income, and technology advancement in off-road motorcycles supplement the growth of the off-road motorcycle market. However, high purchase and maintenance cost of off-road motorcycles and uncomfortable seating structure are the factors expected to hamper the growth of the market. In addition, rise in focus by manufacturers in the automobile industry on superior performance & comfort and adoption of electric off-road motorcycles create market opportunities for the key players operating in the off-road motorcycle market.

Interested to Procure The Data? Inquire here at
https://www.alliedmarketresearch.com/purchase-enquiry/6791

 KEY FINDINGS OF THE STUDY

By type, the track-racing motorcycle segment is projected to dominate the global off-road motorcycle market in terms of growth rate.
By application, the industrial segment is projected to dominate the global off-road motorcycle market in terms of growth rate.
By price range, the high segment is projected to dominate the global off-road motorcycle market in terms of growth rate.
By engine capacity, the less than 500 cc segment is projected to dominate the global off-road motorcycle market in terms of growth rate.

Browse Complete Report at 
https://www.alliedmarketresearch.com/off-road-motorcycle-market-A06426

Similar Research Report:
Dirt Bike Market: https://www.alliedmarketresearch.com/dirt-bike-market-A08912

Flying Bikes Market: https://www.alliedmarketresearch.com/flying-bikes-hoverbikes-market-A09095

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help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of ""Market Research Reports"" and ""Business Intelligence Solutions."" AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

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