DUBLIN, June 26, 2023 /PRNewswire/ — The “Motorcycles, Scooters and Mopeds: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Motorcycles, Scooters and Mopeds Market to Reach 76.8 Million Units by 2030
In the changed post COVID-19 business landscape, the global market for Motorcycles, Scooters and Mopeds estimated at 48.7 Million Units in the year 2022, is projected to reach a revised size of 76.8 Million Units by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030.
The U.S. Market is Estimated at 430 Thousand Units, While China is Forecast to Grow at 6% CAGR
The Motorcycles, Scooters and Mopeds market in the U.S. is estimated at 430 Thousand Units in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of 12.4 Million Units by the year 2030 trailing a CAGR of 6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.7% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.
Looking Ahead to 2023
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth.
Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year.
Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies – Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Key Topics Covered:
MARKET OVERVIEW
Two-Wheelers Market Experiences Riders’ Blast for Small-Displacement Machines
COVID-19 Botched Up Motorcycle & Electric Scooter Production and Crashed Revenues for Manufacturers
Motorbikes Remain as Cool as Always & Enjoy Unbelievable Boom amid COVID-19 Crisis
Motorcycles: From Specter of Collapse to Sudden Spike in Sales amid COVID-19
Motorcycle Makers Target Electric Bicycles as Bridge Product for Future Sales
COVID-19-Led Trends Provide Silver Lining & Enable Motorcycles to Post Strong Gains after Stumbling Initially
Trends Favoring Global Motorcycle Market
Led by Developing Nations, Asia-Pacific Rules Motorcycle Demand
Technological Innovations Electrify Electric Motorcycle Market
Motorcycles, Scooters and Mopeds: An Introduction
Motorcycles: A Way of Life & Attitude
The Heavyweight Class: A Sumo Wrestler on the Road
The Non-Heavyweight Class
Scooter: A Specially Designed Motorcycle
Facts at a Glance
Differentiating Scooters from Mopeds
Difference between Scooters and Motorcycles
Scooter – The Advantage Factor
Scooters – Ride Them Fast
Scooters – A Historical Perspective
Scope for New Concepts
Mopeds: Losing Sheen
Differentiating Motorcycles, Scooters and Mopeds
Two-Strokes and Four-Strokes
Two-stroke Engine vs. Four-stroke Engine
Two-Wheeler Category Definitions: By Style
Electrifying Your Ride on Two-Wheels
Powered Two-Wheelers Market: A Prelude
Key Factors Influencing the Motorcycles, Scooters and Mopeds Market: On a Scale 1-10 (10 – High Impact; 1 – Low Impact)
Vehicle Features Influencing the Purchase of Motorcycles, Scooters and Mopeds: On a Scale 1 -10 (10 – High Impact; 1 – Low Impact)
Global Market Prospects & Outlook
Developing Regions Dominate Two-Wheeler Markets
Volatility in Major Two-Wheeler Markets – A Cause for Concern
Economic Revival in Developed Markets to Drive Market Growth
Role of Motorcycles, Scooters & Mopeds: A Contrasting Picture in Developing & Developed World
Competitive Landscape
Industry Marked by Intense Competition
Leading Players in the World Motorcycle Market
Heavy Motorcycle Segment
Market Leaders Cruising Ahead
Focus on Manufacturing High-Quality Products
Harley Davidson Inc. (US) – A Strategic Insight into the Global Major in Motorcycles Market
HDI – Strategies and Problems
Japanese Majors – A Strategy Comparison
Distribution Dynamics
Promotional Activities
Recent Market Activity
Select Global Brands
Motorcycles, Scooters and Mopeds – Global Key Competitors Percentage Market Share in 2021 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)
MARKET TRENDS & DRIVERS
Favorable Demographics to Drive Growth in Two-Wheelers Market
Rising Population Increases Mobility Needs – To Drive Market Expansion
World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
Middle Aged Customer Segment Still Contributing to Significant Demand
Growth in Female Two-Wheeler Riders Indicates Strong Market Prospects
Growing Urbanization Levels & Inadequate Public Transport Facilities to Boost Market Prospects
Opportunity Indicators
World Urban Population in Thousands: 1950-2050P
Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 2000, 2020 & 2050
Percentage of Urban Population in Select Countries (2016 & 2050)
Select Mega-Urban Regions Worldwide (2035)
Growing Traffic Congestion Drives Demand
Surging Middle Class Segment Underpins Sales Growth
Global Middle Class Population (in Million) by Geographic Region for the Years 2017, 2022 & 2030
Reduction in Prices and Improvement in Credit Facilities to Boost Demand
Convenient Features, Economic & Environmental Benefits Add to the Appeal of Powered Two-Wheelers
Comfortable & Joyous Riding Experience Make Powered Two-Wheelers Apt for Outdoor Pursuits
Wider Social Benefits Add to Mass Adoption of Powered Two-Wheelers
Replacement Demand: A Lucrative Opportunity
Asia-Pacific Continues to Remain Volume Contributor
Global Powered Two-Wheeler Market (2019): Penetration Rate for Select Countries
Market Sees Increased Opportunities in Other Developing Regions As Well
Government Policies & Regulations Bring Mixed Bag of Opportunities & Challenges
Environmental Considerations – Taking a Front Seat
Established Image of Motorcycles as a Versatile Machine Sustains Market Momentum
Leading Motorcycle Manufacturers in the World – Ranked by Popularity
Latest Design & Configuration Trends Further Amplify Motorcycle’s Global Image
Review of Latest Motorcycle Offerings
Top Motorcycle Designs
Scooters – Europe Dominates
European and US Scooters Market – Regulations Dictate Market Demand
‘Cycloscooters’ Penetrate the European Market
Electric Two-Wheelers Continue to Gain Widespread Attention
Electric Motorcycles – A Review
Harley-Davidson’s Ambitious Plans for Electric Two-Wheelers Segment
Technology Innovations in the Electric Motorcycles Market
Electric Motorcycles Vis-a-Vis Standard Gasoline Motorcycles/Scooters
Electric Scooters and Mopeds Make their Presence Felt
Electric Scooters Market on an Upward Swing
E-Scooter Rental Market Zooming Ahead
Technology Advancements & Improvements Widen the Addressable Market
Autonomous Motorcycles Set to Become a Reality
Braking Mechanism Makes Huge Progress
Lighting Technology Sees Significant Improvements
Innovative Solutions Revolutionize Safety Profile of Motorcycles
Innovative Motorcycle Cruise Control Technology to Make Motorcycling Better
Challenges in Making Cruise Control a Standard Option
Bosch Brings In a New Range of Safety Solutions for Motorcycles
Motorcycle Innovation’s TS3 System Optimizes Performance, Stability and Compliance
TFT Digital Displays Set to Replace LCD Technology
Latest Innovations in E-Scooters
Failed Brilliant Innovations in Motorcycle Industry
FOCUS ON SELECT PLAYERS (Total 127 Featured)
Bajaj Auto Limited
BMW Group
Ducati Motor Holding SpA
Harley-Davidson, Inc.
Hero MotoCorp Ltd.
Honda Motor Co., Ltd.
Honda Italia Industriale S.p.A.
Honda Motorcycle & Scooter India (Private) Ltd.
Kawasaki Heavy Industries, Ltd.
KTM AG (Austria)
Lifan Industry (Group) Company
Piaggio & C. SpA
Polaris Industries Inc.
Suzuki Motor Corporation
Triumph Motorcycles Limited
Yamaha Motor Co., Ltd.
India Yamaha Motor Pvt. Ltd.
Yamaha Motor Taiwan Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/661hfe
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets