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On-Road Motorcycles Global Market: Projected Growth, Key Drivers, and Emerging Trends for 2024
On-Road Motorcycles Market
What Is The Projected Market Size Of The Global On-Road Motorcycles Global Market Report 2025 and Its Growth Rate?
• The on-road motorcycles market size grown from $67.85 billion in 2024 to $74.65 billion in 2025 at a compound annual growth rate (CAGR) of 10.0%.
• The market size is expected to further grow to $117.55 billion in 2029 at a compound annual growth rate (CAGR) of 12.0%.
What Is Driving The Growth In The On-Road Motorcycles Global Market Report 2025?
The growth of the on-road motorcycles market is mainly driven by the increase in the number of motorbike sports users. Motorbike sports form a vast field incorporating various aspects of motorcycling, and on-road bikes play a significant role in this, especially in racing. These bikes are faster compared to off-road ones. The Insurance Institute for Highway Safety (IIHS) stated that the registration for the sports bike segment in the States reached 4.31 lakh in 2022. Such statistics indicate that the increasing number of motorbike sports users is the driving force behind the on-road motorcycles market.
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Who Are the Key Players Driving On-Road Motorcycles Global Market Report 2025 Growth?
• Harley-Davidson Incorporation
• Yamaha Motor Co., Ltd.
• Ducati Motor Holding SpA
• Honda Motor Co., Ltd.
• Kawasaki Heavy Industries Ltd.
• Suzuki Motor Corporation
• Triumph Motorcycles Ltd.
• Bayerische Motoren Werke AG
• KTM AG
• Aprilia SpA
• Moto Guzzi
• Vespa
• Indian Motorcycle International LLC
• Husqvarna Motorcycles GmbH
• Royal Enfield
• MV Agusta Motor SpA
• Bajaj Auto Limited
• Benelli QJ
• Hyosung TNC Co Ltd.
• Zero Motorcycles Inc.
• IMZ-Ural
• Norton Motorcycle Co. Ltd.
• Lightning Motorcycles Crop.
• Guangdong Tayo Motorcycle Technology Co. Ltd.
• Bimota
• Voxan Motors
What Are the Key Trends In The On-Road Motorcycles Global Market Report 2025?
Key trends in the forecast period include:
• Technology integration
• Advanced connectivity
• Production of lightweight and compact models
• Electric motorcycles
• Retro and vintage styling
What Are The Segments Of The Global On-Road Motorcycles Global Market Report 2025?
• By Type: Sports Bikes, Cruiser Motorcycles, Touring Motorcycles, Standard Motorcycles
• By Application: Personal, Commercial
• By End User: Offline, Online
Which Region Leads The On-Road Motorcycles Global Market Report 2025?
Asia-Pacific was the largest region in the on-road motorcycles market in 2024. However, North America is expected to be the fastest-growing region in the forecast period. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The On-Road Motorcycles Global Market Report 2025 Global Market Report?
• Market Size Analysis: Analyze the On-Road Motorcycles Global Market Report 2025 size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the On-Road Motorcycles Global Market Report 2025 for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall On-Road Motorcycles Global Market Report 2025 growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the On-Road Motorcycles Global Market Report 2025.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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