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    Home > Research Reports > High Demand for Cruiser Motorcycles to Propel the Growth of Manufacturers : Fact.MR
    Research Reports

    High Demand for Cruiser Motorcycles to Propel the Growth of Manufacturers : Fact.MR

    High Demand for Cruiser Motorcycles to Propel the Growth of Manufacturers : Fact.MR

    Published by top news

    Posted on August 4, 2021

    Featured image for article about Research Reports

    Demand for motorcycles has increased steadily over the past years due to their affordability factor, fuel efficiency, and wide variety on offer. While the outbreak of COVID-19 put a standstill to manufacturing motorcycles initially, recovery has taken place at quite a rapid pace. High demand for cruiser motorcycles is further fueling the sales for motorcycles manufacturers across geographies.

    While growth of the automotive industry has become prominent over the last decade, manufacturers have come up with a flurry of inventions in order to increase their sales footprint. According to a report published by the Select USA, the United States has one of the largest automotive markets in the world. As per its report, since Honda opened its first U.S. plant in 1982, almost every major European, Japanese, and Korean automaker has produced vehicles and invested more than US$ 75 billion in the United States.

    For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=7

    “Demand for various types of motorcycles such as mopeds, sports, standard, and others, especially cruisers, is forecast to grow over the coming years,” says a Fact.MR analyst.

    Key Takeaways from Motorcycle Market Study

    • Asia Pacific remains the largest market for motorcycles, with its epicenter in India, holding over half of the regional market share.
    • Europe to emerge as the second-largest market for motorcycles, with Germany holding more than 21% market share.
    • The United States to hold more than 90% of market value for the world’s third-largest market for motorcycles – North America.
    • Japan and South Korea to maintain a positive outlook throughout the forecast period, while Australia, France, and the United Kingdom, to remain lucrative pockets.
    • High demand for cruiser motorcycles to propel the growth of manufacturers across regions.
    • Motorcycles with engine capacity of 801-1000 CC to exhibit hegemony.

    Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=7

    motorcycle market

    Global Motorcycle Market: Segmentation

    Motorcycle Type

    • Adventure
    • Cruiser
    • Mopeds
    • Sports
    • Standard
    • Touring

    Engine Capacity

    • Up to 150 CC
    • 151-300 CC
    • 301-500 CC
    • 501-800 CC
    • 801-1000 CC
    • 1001-1600 CC
    • Above 1600 CC

    Following Questions Answers Covered in the Report are:

    • How will the global Motorcycle Market perform during the forecast period? What will be the market size in terms of value and volume?
    • Which segment will drive the global Motorcycle Market? Which regional market will show extensive growth in the future? What are the reasons?
    • How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
    • What are the key strategies adopted by players to sustain themselves in the global Motorcycle Market?
    • How will these strategies influence the market growth and competition?

    Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=7

    Regional analysis includes

    • North America (U.S., Canada)
    • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
    • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
    • CIS & Russia
    • Japan
    • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
    • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

    The Report Covers Exhaustive Analysis On:

    • Market Segments
    • Market Dynamics
    • Market Size & Demand
    • Current Trends/Issues/Challenges
    • Competition & Companies involved
    • Technology
    • Value Chain

    Who is Winning in this Space?

    The global motorcycle market is getting tighter in terms of competition, while flourishing on the back of key players in the market. In order to leverage the market potential, key players are investing heavily along with launching new range of products.

    For instance,

    • Honda Motor Company Limited reached 100,000 unit automobile production in Vietnam in 2020, and is constantly working on increasing its sales footprint further.
    • A division of Eicher Motors Limited, Royal Enfield, has created the mid-sized motorcycle segment in India with its unique and distinctive modern bikes, which expanded at 32% CAGR from CY2010 to FY 2020, and is growing further exponentially.

    Get More Insights – https://www.accesswire.com/632630/Rotary-Atomizers-Remain-Preferred-Spray-Drying-Equipment-New-FactMR-Study

    Key Companies Profiled 

    • Yamaha Motor Co., Ltd
    • Suzuki Motor Corporation
    • Honda Motor Company Ltd.
    • Hero MotorCorp Limited
    • Eicher Motors Limited
    • TVS Motor Company Limited
    • Harley Davidson Motor Company Inc.
    • Bajaj Auto Limited
    • Ducati Motor Holding S.p.A
    • Kawaski Heavy Industries Ltd.

    More Valuable Insights on Motorcycle Market

    In its latest report, Fact.MR offers unbiased analysis of the global motorcycle market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of type (adventure, cruiser, mopeds, sports, standard, and touring) and engine capacity (up to 150 CC, 151-300 CC, 301-500 CC, 501-800 CC, 801-1000 CC, 1001-1600 CC, and above 1600 CC), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

    About Us:

    Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

    Contact:

    US Sales Office:
    11140 Rockville Pike
    Suite 400
    Rockville, MD 20852
    United States
    Tel: +1 (628) 251-1583
    Corporate Headquarter:
    Unit No: AU-01-H Gold Tower (AU),
    Plot No: JLT-PH1-I3A,
    Jumeirah Lakes Towers,
    Dubai, United Arab Emirates
    Email: sales@factmr.com
    Visit Our Website: https://www.factmr.com

    Demand for motorcycles has increased steadily over the past years due to their affordability factor, fuel efficiency, and wide variety on offer. While the outbreak of COVID-19 put a standstill to manufacturing motorcycles initially, recovery has taken place at quite a rapid pace. High demand for cruiser motorcycles is further fueling the sales for motorcycles manufacturers across geographies.

    While growth of the automotive industry has become prominent over the last decade, manufacturers have come up with a flurry of inventions in order to increase their sales footprint. According to a report published by the Select USA, the United States has one of the largest automotive markets in the world. As per its report, since Honda opened its first U.S. plant in 1982, almost every major European, Japanese, and Korean automaker has produced vehicles and invested more than US$ 75 billion in the United States.

    For More Insights Into The Market, Request a Sample of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=7

    “Demand for various types of motorcycles such as mopeds, sports, standard, and others, especially cruisers, is forecast to grow over the coming years,” says a Fact.MR analyst.

    Key Takeaways from Motorcycle Market Study

    • Asia Pacific remains the largest market for motorcycles, with its epicenter in India, holding over half of the regional market share.
    • Europe to emerge as the second-largest market for motorcycles, with Germany holding more than 21% market share.
    • The United States to hold more than 90% of market value for the world’s third-largest market for motorcycles – North America.
    • Japan and South Korea to maintain a positive outlook throughout the forecast period, while Australia, France, and the United Kingdom, to remain lucrative pockets.
    • High demand for cruiser motorcycles to propel the growth of manufacturers across regions.
    • Motorcycles with engine capacity of 801-1000 CC to exhibit hegemony.

    Share Your Requirements & Get Customized Reports – https://www.factmr.com/connectus/sample?flag=RC&rep_id=7

    motorcycle market

    Global Motorcycle Market: Segmentation

    Motorcycle Type

    • Adventure
    • Cruiser
    • Mopeds
    • Sports
    • Standard
    • Touring

    Engine Capacity

    • Up to 150 CC
    • 151-300 CC
    • 301-500 CC
    • 501-800 CC
    • 801-1000 CC
    • 1001-1600 CC
    • Above 1600 CC

    Following Questions Answers Covered in the Report are:

    • How will the global Motorcycle Market perform during the forecast period? What will be the market size in terms of value and volume?
    • Which segment will drive the global Motorcycle Market? Which regional market will show extensive growth in the future? What are the reasons?
    • How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
    • What are the key strategies adopted by players to sustain themselves in the global Motorcycle Market?
    • How will these strategies influence the market growth and competition?

    Access Research Methodology Prepared By Experts – https://www.factmr.com/connectus/sample?flag=RM&rep_id=7

    Regional analysis includes

    • North America (U.S., Canada)
    • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
    • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
    • CIS & Russia
    • Japan
    • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
    • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

    The Report Covers Exhaustive Analysis On:

    • Market Segments
    • Market Dynamics
    • Market Size & Demand
    • Current Trends/Issues/Challenges
    • Competition & Companies involved
    • Technology
    • Value Chain

    Who is Winning in this Space?

    The global motorcycle market is getting tighter in terms of competition, while flourishing on the back of key players in the market. In order to leverage the market potential, key players are investing heavily along with launching new range of products.

    For instance,

    • Honda Motor Company Limited reached 100,000 unit automobile production in Vietnam in 2020, and is constantly working on increasing its sales footprint further.
    • A division of Eicher Motors Limited, Royal Enfield, has created the mid-sized motorcycle segment in India with its unique and distinctive modern bikes, which expanded at 32% CAGR from CY2010 to FY 2020, and is growing further exponentially.

    Get More Insights – https://www.accesswire.com/632630/Rotary-Atomizers-Remain-Preferred-Spray-Drying-Equipment-New-FactMR-Study

    Key Companies Profiled 

    • Yamaha Motor Co., Ltd
    • Suzuki Motor Corporation
    • Honda Motor Company Ltd.
    • Hero MotorCorp Limited
    • Eicher Motors Limited
    • TVS Motor Company Limited
    • Harley Davidson Motor Company Inc.
    • Bajaj Auto Limited
    • Ducati Motor Holding S.p.A
    • Kawaski Heavy Industries Ltd.

    More Valuable Insights on Motorcycle Market

    In its latest report, Fact.MR offers unbiased analysis of the global motorcycle market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of type (adventure, cruiser, mopeds, sports, standard, and touring) and engine capacity (up to 150 CC, 151-300 CC, 301-500 CC, 501-800 CC, 801-1000 CC, 1001-1600 CC, and above 1600 CC), across seven major regions of the world (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).

    About Us:

    Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

    Contact:

    US Sales Office:
    11140 Rockville Pike
    Suite 400
    Rockville, MD 20852
    United States
    Tel: +1 (628) 251-1583
    Corporate Headquarter:
    Unit No: AU-01-H Gold Tower (AU),
    Plot No: JLT-PH1-I3A,
    Jumeirah Lakes Towers,
    Dubai, United Arab Emirates
    Email: sales@factmr.com
    Visit Our Website: https://www.factmr.com
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