Press release
Off-road Motorcycle Market : Demand, Trends, and Forecasts Forecast, 2021-2031
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.
๐๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ & ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/A06426
In addition, the off-road motorcycle market has witnessed significant growth in recent years, owing to the increase in investments in automation, launches of new & technologically advanced products, increase in the consumer demand for high-speed, attractive design & digital dashboards, and government initiatives for vehicle production for mountain areas. Furthermore, the companies operating in the market have adopted partnerships, investments, and product launches to increase their market share and expand their geographical presence. For instance, in June 2021, Torrot Electric Europa S.A. announced the launch of a new generation of motorcycles in the Motocross, Trial, Enduro, and Supermotard models. The motorcycles featured a simple and intuitive battery exchange system, without connectors or cables, which allowed the motorcycle to be ready to run again in less than 15 seconds.
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.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/off-road-motorcycle-market/purchase-options
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ :
The COVID-19 outbreak severely impacted the motorcycle sector on a global level, which in turn led to a considerable drop in off-road motorcycle sales. Many small and big players in the motorcycle sector are witnessing issues such as a halt of production activities, mandated plant closures by the government, and others. However, various industry leaders in the motorcycle sector are making considerable efforts in restructuring their supply chain and production line for the delivery of critical medical supplies. Also, owing to the COVID-19 outbreak, the motorcycle industry has had a significant impact due to stay-at-home orders and limited business operations in countries across the world. For instance, in 2020, the pandemic is compelling motorcycle makers to skip major motor shows & racing events in the year 2020 and turn towards alternative platforms like digital premieres. It started with Honda organizing, its virtual motorcycle shows as the Tokyo Motorcycle Show, and Osaka Motorcycle Show was canceled because of COVID-19. However, many off-road motorcycle manufacturers such as KTM AG have assessed their overall strategy for the rest of 2020 and have decided to make several key decisions in the wake of COVID-19 with the withdrawal from global trade shows for the rest of the year, including INTERMOT in Cologne, Germany and the EICMA exhibition in Milan, Italy.
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ :
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.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A06426
The leading players operating in the off-road motorcycle market are ๐๐๐ง๐๐ฅ๐ฅ๐ข, ๐๐๐ญ๐๐ฆ๐จ๐ญ๐จ๐ซ ๐.๐ฉ.๐., ๐๐๐ ๐๐, ๐๐ฎ๐ฅ๐ญ๐๐๐จ, ๐๐ก๐ซ๐ข๐ฌ๐ญ๐ข๐ง๐ข ๐๐๐ ๐๐จ๐ญ๐จ๐ซ๐๐ฒ๐๐ฅ๐๐ฌ, ๐๐จ๐๐ซ๐, ๐๐จ๐ง๐๐ ๐๐จ๐ญ๐จ๐ซ ๐๐จ., ๐๐ญ๐., ๐๐ฎ๐ฌ๐ช๐ฏ๐๐ซ๐ง๐ ๐๐จ๐ญ๐จ๐ซ๐๐ฒ๐๐ฅ๐๐ฌ, ๐๐๐ฐ๐๐ฌ๐๐ค๐ข ๐๐๐๐ฏ๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ ๐๐ญ๐., ๐๐๐ ๐๐, ๐๐ฎ๐๐๐ซ๐ , ๐๐ข๐๐ ๐ ๐ข๐จ & ๐. ๐๐ฉ๐ (๐๐ฉ๐ซ๐ข๐ฅ๐ฅ๐), ๐๐จ๐ฅ๐ข๐ง๐ข ๐๐จ๐ญ๐จ๐ซ๐ข , ๐๐๐๐๐ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐., ๐๐๐จ๐ซ๐ฉ๐, ๐๐ก๐๐ซ๐๐จ, ๐๐๐ ๐๐จ๐ญ๐จ๐ซ๐ฌ๐ฉ๐จ๐ซ๐ญ๐ฌ, ๐๐ฎ๐ณ๐ฎ๐ค๐ข ๐๐จ๐ญ๐จ๐ซ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, ๐๐จ๐ซ๐ซ๐จ๐ญ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐.๐., ๐๐ซ๐ข๐ฎ๐ฆ๐ฉ๐ก ๐๐จ๐ญ๐จ๐ซ๐๐ฒ๐๐ฅ๐๐ฌ, ๐๐๐ ๐๐จ๐ญ๐จ๐ซ๐๐ฒ๐๐ฅ๐๐ฌ, ๐๐ซ๐๐ฅ ๐๐จ๐ญ๐จ๐ซ๐๐ฒ๐๐ฅ๐๐ฌ, ๐๐๐ฆ๐๐ก๐ ๐๐จ๐ญ๐จ๐ซ ๐๐จ., ๐๐ญ๐., ๐๐ง๐ ๐๐๐ซ๐จ ๐๐จ๐ญ๐จ๐ซ๐๐ฒ๐๐ฅ๐๐ฌ, ๐๐ง๐.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Motorcycle Market :
https://www.alliedmarketresearch.com/motorcycle-market-A31857
Motorcycle Battery Market :
https://www.alliedmarketresearch.com/motorcycle-battery-market-A11374
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research 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.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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