Global Motorcycles Industry Evaluation and Detailed Forecast on Market Revenues during 2017-2021

Global demand for motorcycles and two-wheelers, in general, has risen over the past few years in view of increasing traffic congestion. Worldwide sales of motorcycle are ready to gain impetus by increasing standards of living in the emerging countries. Another fact is that motorcycle sales in a number of countries will be spurred by government programs aimed at reducing environmental pollution caused by automobiles. Recently, forecasters have conducted a competitive analysis of the global two-wheeler industry and present its findings in a report, titled “Motorcycles Global Industry Guide 2017”, which has been broadcasted to the wide repository of Market Research Hub (MRH). This 292-pages industry guide provides a wide-ranging overview of the growth trajectory demonstrated by the motorcycle market in a global scenario, with a prime focus on countries including Asia-Pacific, Europe, France, Germany, Italy, Japan and Australia; United States, United Kingdom, The Netherlands, Spain, Canada and China.

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Motorcycles are viewed as a convenient alternative to public transportation. In addition, motorcycles are broadly used for business activities in the region, which enhances their appeal. They are broadly categorized on the basis of demand in various product segments namely Scooters, Mopeds, & Motorbikes, Light Motorcycles, Medium/Heavy Motorcycles, Electric Motorcycles, Bicycles and others. In this report, analysts have provided an in-depth analysis of the current sales trend of the top wheeler manufacturing companies. As per the key findings, the global motorcycles market had total revenues of $69,401.0m in 2016, representing a compound annual growth rate (CAGR) of 0.7% between 2012 and 2016.

Further, the study aims to provide top-line qualitative and quantitative summary information about the market, which includes market share, market size (value and volume 2012-16, and forecast to 2021). It also includes an exhaustive and iterative analysis of the factors influencing the demand and supply trends in the motorcycle market. In terms of geography, Asia-Pacific holds 62.1% of the global motorcycles market, followed by Europe. The region predominantly utilizes small and inexpensive motorcycles, will continue to dominate worldwide demand, representing 84% of all units sold in the year 2016. On the other hand, U.S. will lead in terms of higher product sales especially of medium and heavy motorcycle due to favorable economic condition.

Looking to the various categories of motorcycles, it has been analyzed that due to the superior fuel efficiency these machines provide compared to automobiles and other light vehicles, motorcycle demand gains will also be supported by higher petroleum costs.

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Moreover, the study provides the industry leaders a brief summary of the world's top motorcycle manufacturing companies. This report is a comparison of the global companies, their demographical profile, market trends, financial measures, emerging corporate strategies, and a complete market overview. Key companies profiled in this study are Harley-Davidson, Inc., Kawasaki Heavy Industries, Ltd., Yamaha Motor Co., Ltd., Honda Motor Co., Ltd., Hero MotoCorp Ltd., KTM AG, Suzuki Motor Corporation, Bayerische Motoren Werke AG, Sanyang Motor Co., Ltd., Kymco Motors, Lifan Group, Piaggio & C. S.p.A and others.

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This release was published on openPR.