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2025 Cruiser Bikes Industry Trends Report: Long-Term Outlook Through 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Cruiser Bikes Market Size By 2025?
In recent times, the cruiser bikes market has shown considerable growth. The market size, which stood at $70.95 billion in 2024, is projected to expand to $75.51 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.4%. This remarkable surge during the past years is due in part to state-led cyber warfare, a higher incidence of cyber threats, the international spread of cyber conflicts, the incorporation of cyber capacities in the military, and the emergence of nation-state threat actors.
How Big Is the Cruiser Bikes Market Size Expected to Grow by 2029?
The market size of cruiser bikes is predicted to witness significant growth in the coming years. It is projected to expand to $92.2 billion in 2029, having a compound annual growth rate (CAGR) of 5.1%. The expected growth during the forecast period can be credited to the integration of AI and machine learning, the widening of attack surfaces, the vulnerabilities of 5G technology, the strategies of hybrid warfare, and the emergence of non-state actors. Key trends during the forecast period comprise an escalation in cybersecurity collaboration, an arms race in cybersecurity, critical infrastructure becoming a target, challenges in attribution and false flags, and the advent of cyber mercenaries.
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Which Key Market Drivers Powering Cruiser Bikes Market Expansion and Growth?
The rise in luxury motorcycle demand is anticipated to fuel the expansion of the cruiser bikes market. These plush motorcycles are high-end two-wheelers characterized by superior engineering, exceptional craftsmanship, and extraordinary performance. Cruiser bikes fall under luxury motorcycles because of their elite features, upscale materials, comfort-focused design, and pleasurable riding experience. Reportedly, BMW Motorrad, a German motorcycle firm, witnessed a sale of 202,895 motorcycles and scooters, reflecting a 4.4% growth from 2022. Asia emerged as the prime market, accounting for 46,332 units, followed by North America and Latin America, selling 20,295 units and 25,480 units, respectively. Hence, the escalating demand for premium motorcycles is steering the growth of the cruiser bike market. The Cruiser Bikes market is poised to get a boost from the expanding tourism industry. The tourism industry incorporates enterprises and activities that facilitate and encourage travel, accommodation, transport, and recreational experiences. Tourists frequently use cruiser bikes for picturesque exploration and environment-friendly transport, enriching their experience at various destinations. For instance, the World Travel and Tourism Council revealed that the travel and tourism sector witnessed immense growth in 2022. It contributed 7.6% to the global GDP, a surge of 22%. Additionally, domestic visitor spending showcased substantial growth, seeing an impressive rise of 20.4% in 2022. Therefore, the burgeoning tourism sector is accelerating the expansion of the cruiser bike market.
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Which Fast-Growing Trends Are Poised to Disrupt the Cruiser Bikes Market?
Prominent enterprises within the cruiser bikes industry are honing their competitive edge by shifting attention towards the creation of entry-level cruiser bikes, often achieved through strategic partnerships. Notably, these bikes are marked by their comparatively humble engine displacements, typically falling under 500 CC. As an example, in July 2023, cruiser bike manufacturer based in the United States, Harley-Davidson, teamed up with India's motorcycle manufacturer, Hero MotoCorp, to unveil the Harley-Davidson X 440 in India. This motorcycle, a combined effort of Harley-Davidson and Hero MotoCorp, is either air- or oil-cooled and bears a single-cylinder along with a single exhaust feature. The Harley-Davidson X440, an entry-level and reasonably priced cruiser motorcycle, boasts a contemporary-retro style, its appearance significantly dictated by the Harley-Davidson XR1200. It has a tear-drop shaped fuel tank, a fully digital round instrument cluster, a round LED headlamp, and a truncated tail section. Additionally, it showcases exceptional features like a flat handlebar, machined alloy wheels, and round LED indicators.
What Are the Emerging Segments in the Cruiser Bikes Market?
The cruiser bikes market covered in this report is segmented -
1) By Engine Capacity: Less Than 500 Cubic Capacity (CC), 501cc to 1000 Cubic Capacity (CC), More Than 1000 Cubic Capacity (CC)
2) By Price: Low, Mid, High
3) By Application: Daily Commute, Touring
Subsegments:
1) By Less Than 500 Cubic Capacity (CC): 150cc To 300cc, 301cc To 500cc
2) By 501cc To 1000 Cubic Capacity (CC): 501cc To 700cc, 701cc To 1000cc
3) By More Than 1000 Cubic Capacity (CC): 1001cc To 1500cc, 1501cc To 2000cc, More Than 2000cc
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Who Are the Global Leaders in the Cruiser Bikes Market?
Major companies operating in the cruiser bikes market report are Honda Motor Company, Suzuki Motor Company, Hyosung Corporation, Yamaha Motor Company, Kawasaki Heavy Industries Ltd., Polaris Inc., Harley Davidson Inc., The Husqvarna Group, Bajaj Auto Limited, Hero Moto Corp, TVS Motor Company, Ducati Motor Holding, Royal Enfield, Triumph Motorcycles Ltd., Zero Motorcycles Inc., Big Dog Motorcycles, SWM Motorcycles, Cleveland CycleWerks, UM-Motorcycles, Zhongneng Vehicle Group, Arch Motorcycle Company, Boss Hoss Cycles, Curtiss Motorcycles, BMW Motorrad, Jawa Moto
Which are the Top Profitable Regional Markets for the Cruiser Bikes Industry?
North America was the largest region in the cruiser bikes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cruiser bikes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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