Motorcycle Market Share, Size, Value, Growth and Forecast 2034
                     Global Motorcycle Market Analysis, Growth & Industry Trends Report 
- Forecast Trends (2025-2034)
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Global Motorcycle Market Outlook 2025-2034
The global motorcycle market was valued at USD 148.97 billion in 2024 and is projected to reach USD 
212.38 billion by 2034, growing at a CAGR of 3.61%. Asia-Pacific leads the market due to low production 
costs. In the U.S., rising interest in outdoor activities has boosted registrations to 553,325 in 2024, 
ranking it 14th globally.
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Global Motorcycle Market Growth
The global motorcycle market is experiencing steady growth due to rising demand for affordable and fuel-efficient transport 
options. Motorcycles offer a cost-effective solution, especially in developing regions where daily commuting needs are high. 
This demand, along with urban traffic congestion, is pushing more people toward two-wheelers for faster and more convenient 
travel. 05 This is a sample text.
Asia-Pacific leads the motorcycle market growth, supported by low manufacturing costs, strong supply chains, and easy 
access to raw materials. Countries like India, China, and Indonesia are major contributors due to large populations and 
increasing middle-class incomes. These regions continue to dominate both production and consumption, making them key 
drivers of global market expansion.
In developed markets like the United States, motorcycle sales are growing due to rising interest in outdoor and recreational 
activities. Post-pandemic, more consumers are exploring power sports, leading to increased registrations of two-wheelers. 
This trend, combined with innovations in electric motorcycles and premium bike models, is expanding the market in new 
directions.
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Global Motorcycle Market Trends
One key trend in the motorcycle market is the growing popularity of electric motorcycles. With increasing focus on 
environmental sustainability and rising fuel costs, consumers are shifting towards eco-friendly two-wheelers. 
Governments are also offering0 su5bsidies and support for electric vehicle adoption, making electric motorcycles a fast-growing segment in the global marketT. his is a sample text.
Another major trend is the rising demand for premium and sports motorcycles. In both emerging and developed markets, 
consumers are showing greater interest in high-performance bikes for adventure, racing, and leisure. This trend is being 
driven by lifestyle changes, higher disposable incomes, and the growing influence of motorcycle clubs and communities.
Technological advancements are also shaping the motorcycle market. Modern bikes now come with features like GPS 
navigation, smartphone connectivity, anti-lock braking systems (ABS), and advanced safety tools. These smart features 
are attracting tech-savvy buyers and enhancing the overall riding experience, encouraging more people to invest in 
motorcycles for daily and recreational use.
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Global Motorcycle Market Segmentation
Breakup by Motorcycle Type
• Standard
• Sp
• 0Cr5ortsuiser This is a sample text.
• Touring
• Others Market Trade Data 
Analysis
Breakup by Propulsion Type Demand Drivers
• ICE
• Electric Additional Cost Analysis
Insights01 Trade Data Analysis
Breakup by Engine Capacity Competitive Landscape
• Up to 200cc
• 200cc to 400cc Capacity Additions, Plant 
• 400cc to 800cc Turnarounds and Mergers
• More than 800cc
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Global Motorcycle Market Segmentation
Breakup by Region
• North America
• Europe
• 0As5ia Pacific This is a sample text.
• Latin America
• Middle East and Africa Market Trade Data 
Analysis
Demand Drivers
Additional Cost Analysis
Insights01 Trade Data Analysis
Competitive Landscape
Capacity Additions, Plant 
Turnarounds and Mergers
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Leading Companies in the Global Motorcycle Market
The report provides an in-depth analysis of the key players in the global Motorcycle Market, examining their capacities, 
competitive positioning, and recent developments, including capacity expansions, plant turnarounds, and mergers and 
acquisitions. 
Yamaha Motor Co., Ltd.
Yamaha is a global leader in motorcycle manufacturing, known for its wide range of bikes including sport, touring, and off-
road models. The company focuses on performance, innovation, and rider comfort, with strong sales in Asia, Europe, and 
North America.
Honda Motor Co., Ltd.
Honda is one of the largest motorcycle manufacturers in the world, offering reliable, fuel-efficient, and affordable bikes. Its 
product range covers everything from scooters to superbikes. Honda’s strong global presence and continuous innovation 
keep it at the forefront of the motorcycle industry.
Volkswagen Group (Ducati Motor)
Ducati, owned by the Volkswagen Group, is an Italian brand known for high-performance motorcycles. The company 
specializes in premium sports bikes with cutting-edge technology and iconic design. Ducati enjoys a loyal customer base, 
especially among racing and luxury bike enthusiasts.
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Leading Companies in the Global Motorcycle Market
Kawasaki Heavy Industries Ltd
Kawasaki is a well-known Japanese motorcycle brand recognized for its powerful engines and sporty designs. It offers a 
variety of models, including street, touring, and off-road bikes. Kawasaki is popular in both everyday commuting and 
power sports segments.
Triumph Motorcycles Ltd
Triumph is a British motorcycle company famous for its classic style and strong engine performance. The brand blends 
heritage with modern technology, offering roadsters, cruisers, and adventure bikes. Triumph has a strong presence in the 
premium motorcycle market, especially in Europe and North America.
BMW AG
BMW is a premium motorcycle manufacturer based in Germany, known for luxury touring bikes and adventure models 
like the GS series. BMW motorcycles combine advanced engineering, safety features, and sleek design, appealing to 
riders seeking both performance and comfort on long journeys.
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Table of Contents
01  Executive Summary  
    1.1   Market Size 2024-2025  
    1.2   Market Growth 2025(F)-2034(F)  
    1.3   Key Demand Drivers  
    1.4   Key Players and Competitive Structure  
    1.5   Industry Best Practices  
    1.6   Recent Trends and Developments  
    1.7   Industry Outlook  
02  Market Overview and Stakeholder Insights  
    2.1   Market Trends  
    2.2   Key Verticals  
    2.3   Key Regions  
    2.4   Supplier Power  
    2.5   Buyer Power  
    2.6   Key Market Opportunities and Risks  
    2.7   Key Initiatives by Stakeholders  
03  Economic Summary  
    3.1   GDP Outlook  
    3.2   GDP Per Capita Growth  
    3.3   Inflation Trends 
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Table of Contents
    3.4   Democracy Index  
    3.5   Gross Public Debt Ratios  
    3.6   Balance of Payment (BoP) Position  
    3.7   Population Outlook  
    3.8   Urbanisation Trends  
04  Country Risk Profiles  
    4.1   Country Risk  
    4.2   Business Climate  
05  Global Motorcycle Market Analysis  
    5.1   Key Industry Highlights  
    5.2   Global Motorcycle Historical Market (2018-2024)  
    5.3   Global Motorcycle Market Forecast (2025-2034)  
    5.4   Global Motorcycle Market by Motorcycle Type  
        5.4.1   Standard  
            5.4.1.1   Historical Trend (2018-2024)  
            5.4.1.2   Forecast Trend (2025-2034)  
        5.4.2   Sports  
            5.4.2.1   Historical Trend (2018-2024)  
            5.4.2.2   Forecast Trend (2025-2034)  
        5.4.3   Cruiser 
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Table of Contents
           5.4.3.1   Historical Trend (2018-2024)  
            5.4.3.2   Forecast Trend (2025-2034)  
        5.4.4   Touring  
            5.4.4.1   Historical Trend (2018-2024)  
            5.4.4.2   Forecast Trend (2025-2034)  
        5.4.5   Others  
    5.5   Global Motorcycle Market by Propulsion Type  
        5.5.1   ICE  
            5.5.1.1   Historical Trend (2018-2024)  
            5.5.1.2   Forecast Trend (2025-2034)  
        5.5.2   Electric  
            5.5.2.1   Historical Trend (2018-2024)  
            5.5.2.2   Forecast Trend (2025-2034)  
    5.6   Global Motorcycle Market by Engine Capacity  
        5.6.1   Up to 200cc  
            5.6.1.1   Historical Trend (2018-2024)  
            5.6.1.2   Forecast Trend (2025-2034)  
        5.6.2   200cc to 400cc  
            5.6.2.1   Historical Trend (2018-2024)  
            5.6.2.2   Forecast Trend (2025-2034) 
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Table of Contents
       5.6.3   400cc to 800cc  
            5.6.3.1   Historical Trend (2018-2024)  
            5.6.3.2   Forecast Trend (2025-2034)  
        5.6.4   More than 800cc  
            5.6.4.1   Historical Trend (2018-2024)  
            5.6.4.2   Forecast Trend (2025-2034)  
    5.7   Global Motorcycle Market by Region  
        5.7.1   North America  
            5.7.1.1   Historical Trend (2018-2024)  
            5.7.1.2   Forecast Trend (2025-2034)  
        5.7.2   Europe  
            5.7.2.1   Historical Trend (2018-2024)  
            5.7.2.2   Forecast Trend (2025-2034)  
        5.7.3   Asia Pacific  
            5.7.3.1   Historical Trend (2018-2024)  
            5.7.3.2   Forecast Trend (2025-2034)  
        5.7.4   Latin America  
            5.7.4.1   Historical Trend (2018-2024)  
            5.7.4.2   Forecast Trend (2025-2034)  
        5.7.5   Middle East and Africa 
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Table of Contents
            5.7.5.1   Historical Trend (2018-2024)  
            5.7.5.2   Forecast Trend (2025-2034)  
06  North America Motorcycle Market Analysis  
    6.1   United States of America  
        6.1.1   Historical Trend (2018-2024)  
        6.1.2   Forecast Trend (2025-2034)  
    6.2   Canada  
        6.2.1   Historical Trend (2018-2024)  
        6.2.2   Forecast Trend (2025-2034)  
07  Europe Motorcycle Market Analysis  
    7.1   United Kingdom  
        7.1.1   Historical Trend (2018-2024)  
        7.1.2   Forecast Trend (2025-2034)  
    7.2   Germany  
        7.2.1   Historical Trend (2018-2024)  
        7.2.2   Forecast Trend (2025-2034)  
    7.3   France  
        7.3.1   Historical Trend (2018-2024)  
        7.3.2   Forecast Trend (2025-2034)  
    7.4   Italy 
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Table of Contents
        7.4.1   Historical Trend (2018-2024)  
        7.4.2   Forecast Trend (2025-2034)  
    7.5   Others  
08  Asia Pacific Motorcycle Market Analysis  
    8.1   China  
        8.1.1   Historical Trend (2018-2024)  
        8.1.2   Forecast Trend (2025-2034)  
    8.2   Japan  
        8.2.1   Historical Trend (2018-2024)  
        8.2.2   Forecast Trend (2025-2034)  
    8.3   India  
        8.3.1   Historical Trend (2018-2024)  
        8.3.2   Forecast Trend (2025-2034)  
    8.4   ASEAN  
        8.4.1   Historical Trend (2018-2024)  
        8.4.2   Forecast Trend (2025-2034)  
    8.5   Australia  
        8.5.1   Historical Trend (2018-2024)  
        8.5.2   Forecast Trend (2025-2034)  
    8.6   Others 
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Table of Contents
09  Latin America Motorcycle Market Analysis  
    9.1   Brazil  
        9.1.1   Historical Trend (2018-2024)  
        9.1.2   Forecast Trend (2025-2034)  
    9.2   Argentina  
        9.2.1   Historical Trend (2018-2024)  
        9.2.2   Forecast Trend (2025-2034)  
    9.3   Mexico  
        9.3.1   Historical Trend (2018-2024)  
        9.3.2   Forecast Trend (2025-2034)  
    9.4   Others  
10  Middle East and Africa Motorcycle Market Analysis  
    10.1   Saudi Arabia  
        10.1.1   Historical Trend (2018-2024)  
        10.1.2   Forecast Trend (2025-2034)  
    10.2   United Arab Emirates  
        10.2.1   Historical Trend (2018-2024)  
        10.2.2   Forecast Trend (2025-2034)  
    10.3   Nigeria  
        10.3.1   Historical Trend (2018-2024) 
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Table of Contents
       10.3.2   Forecast Trend (2025-2034)  
    10.4   South Africa  
        10.4.1   Historical Trend (2018-2024)  
        10.4.2   Forecast Trend (2025-2034)  
    10.5   Others  
11  Market Dynamics  
    11.1   SWOT Analysis  
        11.1.1   Strengths  
        11.1.2   Weaknesses  
        11.1.3   Opportunities  
        11.1.4   Threats  
    11.2   Porter’s Five Forces Analysis  
        11.2.1   Supplier’s Power  
        11.2.2   Buyer’s Power  
        11.2.3   Threat of New Entrants  
        11.2.4   Degree of Rivalry  
        11.2.5   Threat of Substitutes  
    11.3   Key Indicators for Demand  
    11.4   Key Indicators for Price  
12  Trade Data Analysis (HS Code- 8711)
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Table of Contents
   12.1   Major Exporting Countries  
        12.1.1   By Value  
        12.1.2   By Volume  
    12.2   Major Importing Countries  
        12.2.1   By Value  
        12.2.2   By Volume  
13  Competitive Landscape  
    13.1   Supplier Selection  
    13.2   Key Global Players  
    13.3   Key Regional Players  
    13.4   Key Player Strategies  
    13.5   Company Profiles  
        13.5.1   Yamaha Motor Co., Ltd.  
            13.5.1.1   Company Overview  
            13.5.1.2   Product Portfolio  
            13.5.1.3   Demographic Reach and Achievements  
            13.5.1.4   Certifications  
        13.5.2   Honda Motor Co., Ltd  
            13.5.2.1   Company Overview  
            13.5.2.2   Product Portfolio 
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Table of Contents
           13.5.2.3   Demographic Reach and Achievements  
            13.5.2.4   Certifications  
        13.5.3   Volkswagen Group (Ducati Motor)  
            13.5.3.1   Company Overview  
            13.5.3.2   Product Portfolio  
            13.5.3.3   Demographic Reach and Achievements  
            13.5.3.4   Certifications  
        13.5.4   Kawasaki Heavy Industries Ltd  
            13.5.4.1   Company Overview  
            13.5.4.2   Product Portfolio  
            13.5.4.3   Demographic Reach and Achievements  
            13.5.4.4   Certifications  
        13.5.5   Triumph Motorcycles Ltd  
            13.5.5.1   Company Overview  
            13.5.5.2   Product Portfolio  
            13.5.5.3   Demographic Reach and Achievements  
            13.5.5.4   Certifications  
        13.5.6   BMW AG  
            13.5.6.1   Company Overview  
            13.5.6.2   Product Portfolio 
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            13.5.6.3   Demographic Reach and Achievements  
            13.5.6.4   Certifications  
        13.5.7   Harley-Davidson, Inc.  
            13.5.7.1   Company Overview  
            13.5.7.2   Product Portfolio  
            13.5.7.3   Demographic Reach and Achievements  
            13.5.7.4   Certifications  
        13.5.8   Suzuki Motor Corporation  
            13.5.8.1   Company Overview  
            13.5.8.2   Product Portfolio  
            13.5.8.3   Demographic Reach and Achievements  
            13.5.8.4   Certifications  
        13.5.9   Piaggio & C. SpA (Aprilia)  
            13.5.9.1   Company Overview  
            13.5.9.2   Product Portfolio  
            13.5.9.3   Demographic Reach and Achievements  
            13.5.9.4   Certifications  
        13.5.10   KTM AG  
            13.5.10.1   Company Overview  
            13.5.10.2   Product Portfolio 
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Table of Contents
            13.5.10.3   Demographic Reach and Achievements  
            13.5.10.4   Certifications  
        13.5.11   Bajaj Auto Ltd.  
            13.5.11.1   Company Overview  
            13.5.11.2   Product Portfolio  
            13.5.11.3   Demographic Reach and Achievements  
            13.5.11.4   Certifications  
        13.5.12   TVS Motor Company Limited  
            13.5.12.1   Company Overview  
            13.5.12.2   Product Portfolio  
            13.5.12.3   Demographic Reach and Achievements  
            13.5.12.4   Certifications  
        13.5.13   Bayerische Motoren Werke (BMW) AG  
            13.5.13.1   Company Overview  
            13.5.13.2   Product Portfolio  
            13.5.13.3   Demographic Reach and Achievements  
            13.5.13.4   Certifications  
        13.5.14   Hero MotoCorp Ltd.  
            13.5.14.1   Company Overview  
            13.5.14.2   Product Portfolio 
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Table of Contents
            13.5.14.3   Demographic Reach and Achievements  
            13.5.14.4   Certifications  
        13.5.15   Kawasaki Motors Corp  
            13.5.15.1   Company Overview  
            13.5.15.2   Product Portfolio  
            13.5.15.3   Demographic Reach and Achievements  
            13.5.15.4   Certifications  
        13.5.16   Others 
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