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Motorcycle And Bicycle Market Report 2024-2033: Market Size, Growth Analysis, Demand And Key Trends | EXOR Group, Robert Bosch GmbH, Aisin Seiki Co Ltd., Toyota Motor Corp, Denso Corp
Motorcycle And Bicycle Market
The Business Research Company's Motorcycle And Bicycle Global Market Report 2024 identifies Advances in technology as the major driver for the Motorcycle And Bicycle market's growth in the forecast period. The global motorcycle and bicycle manufacturing industries have experienced many technological advances in the last decade, and this trend is expected to intensify. According to Forbes, the ten new features to expect in vehicles included in 2021 are blind-spot monitoring; heated seats; front and rear parking sensors; All-wheel or four-wheel drive; Lane-departure warning; Apple CarPlay and/or Android Auto; Power front passenger seat; LED accent lights; Ventilated or cooled seats; Memory driver's seat.
The motorcycle and bicycle market size has grown strongly in recent years. It will grow from $76.87 billion in 2023 to $81.33 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to economic growth, urbanization, environmental concerns, fuel prices. The motorcycle and bicycle market size is expected to see strong growth in the next few years. It will grow to $100.15 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to urban mobility solutions, health and fitness, e-commerce and delivery services, regulatory changes. Major trends in the forecast period include electrification and lightweighting, advanced materials, additive manufacturing, digitalization and connectivity, collaboration and partnerships, .
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Major competitors in the Motorcycle And Bicycle market are EXOR Group, Robert Bosch GmbH, Aisin Seiki Co Ltd., Toyota Motor Corp, Denso Corp.
A key trend in the Motorcycle And Bicycle market includes strategic collaborations. Major companies operating in the motorcycle and bicycle market are focusing on strategic collaborations, to better meet the needs of their existing consumers. A strategic partnership is a commercial arrangement between two or more firms that agree to assist one other to enhance their businesses. For instance, in November 2022, MV AGUSTA Motor S.p.A., an Italy-based motorcycle manufacturing company, agreed to a strategic cooperation with PIERER Mobility AG. Within the scope of this strategic cooperation between the two motorcycle producers, KTM AG, a subsidiary of PIERER Mobility AG, is going to provide MV Agusta with supply chain assistance and take over buying. Furthermore, MV Agusta will market some of its product lines through PIERER Mobility's global distribution network. PIERER Mobility AG is an Austria-based motorcycle manufacturing company.
Read More On The Global Motorcycle And Bicycle Market Report Here:
https://www.thebusinessresearchcompany.com/report/motorcycle-and-bicycle-global-market-report
The Motorcycle And Bicycle market is segmented -
1. By Type: Motorcycles And Parts, Bicycles And Parts, Motor Scooters, Other Motorcycle And Bicycle
2. By Propulsion Type: Internal Combustion Engine (ICE), Electric
3. By Distribution Channel: Independent Retailers, Online Sales
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Motorcycle And Bicycle market.
The Business Research Company's "Global Motorcycle And Bicycle Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Motorcycle And Bicycle Market Include:
1. Executive Summary
2. Motorcycle And Bicycle Market Characteristics
3. Motorcycle And Bicycle Product/Service Analysis -Product/Service Examples
4. Motorcycle And Bicycle Market Trends And Strategies
5. Motorcycle And Bicycle Market - Macro Economic Scenario
……
68. Global Motorcycle And Bicycle Market Competitive Benchmarking
69. Global Motorcycle And Bicycle Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Motorcycle And Bicycle Market
71. Motorcycle And Bicycle Market Future Outlook and Potential Analysis
72. Appendix
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