U.S. Motorcycle Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0193085
  • Format: Electronic (PDF)
  • Number of Pages: 200
  • Author(s): Joshi, Madhavi

Report Overview

The U.S. Motorcycle Market size was estimated at USD 8.5 billion in 2023 and is projected to reach USD 11 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.80% during the forecast period (2024-2030).

U.S. Motorcycle Market

(Market Size)
$8.5 billion
$11 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 3.80%
2023 Market Size USD 8.5 billion
2030 Market Size USD 11 billion
Key Players Harley-Davidson, Honda, Yamaha, Kawasaki, Suzuki

Market Summary

The U.S. motorcycle market is a significant segment within the broader consumer goods and automotive industries, characterized by a blend of recreational, commuter, and luxury purchasing behaviors. This market encompasses a diverse range of products including cruisers, sport bikes, touring motorcycles, and off-road models, catering to various consumer demographics and preferences. The industry is supported by a robust ecosystem of manufacturers, distributors, dealerships, and aftermarket parts and accessories providers. Key factors influencing the market include consumer disposable income levels, fuel prices, regulatory standards, and evolving rider demographics. Additionally, the market is witnessing a gradual shift towards electric motorcycles, although traditional internal combustion engine models continue to dominate sales. The presence of major international and domestic players creates a competitive landscape focused on innovation, brand loyalty, and distribution network strength. Seasonal variations and economic conditions also play a crucial role in determining annual sales volumes and market vitality.

Key Highlights

The U.S. motorcycle market is distinguished by several key highlights that define its current state and trajectory. A prominent trend is the increasing average age of riders, which has prompted manufacturers to focus on comfort, safety features, and touring-oriented models to appeal to an older demographic. Conversely, there is a concerted effort to attract younger riders through more affordable, stylish, and technologically advanced entry-level bikes. The market is also experiencing a surge in the popularity of adventure and dual-sport motorcycles, reflecting a growing consumer interest in versatility and outdoor recreational activities. Another significant highlight is the expansion of the electric motorcycle segment, with new entrants and established brands introducing models aimed at urban commuters and eco-conscious consumers. Furthermore, the aftermarket parts and customization sector remains a vital and high-margin component of the industry, driven by a strong culture of personalization and performance enhancement. The influence of digital platforms on sales, marketing, and community building is increasingly important, with online configurators, social media engagement, and e-commerce for gear and accessories becoming standard industry practices.

Drivers, Opportunities & Restraints

The growth and development of the U.S. motorcycle market are shaped by a complex interplay of drivers, opportunities, and restraints. A primary driver is the enduring cultural appeal of motorcycling, symbolizing freedom and individuality, which sustains a core base of enthusiasts. Economic factors such as rising disposable income and favorable financing options also stimulate demand for recreational vehicles. The market benefits from continuous technological advancements, including enhanced safety features like anti-lock braking systems and traction control, which make riding more accessible and appealing to a broader audience. Significant opportunities exist in the electrification of the product lineup, aligning with global sustainability trends and potential government incentives. The growing female ridership demographic presents another substantial opportunity for market expansion, requiring targeted marketing and product designs. However, the market faces considerable restraints, including stringent government regulations concerning emissions and safety standards that increase manufacturing costs. High insurance premiums for certain motorcycle categories and riders can be a deterrent to new customers. Furthermore, a pervasive perception of motorcycling as a dangerous activity, coupled with public safety campaigns, can suppress market growth, especially among cautious or new potential riders.

Concentration Insights

The competitive concentration within the U.S. motorcycle market is characterized by the dominance of a few major players alongside a long tail of smaller specialty and boutique manufacturers. The market is largely led by established giants such as Harley-Davidson and Honda, which command significant brand loyalty and extensive dealership networks across the country. These companies benefit from economies of scale, extensive R&D capabilities, and strong marketing prowess. Other prominent players like Yamaha, Kawasaki, and BMW Motorrad also hold substantial market shares, each with distinct brand identities and targeted product segments. This high level of concentration at the top creates significant barriers to entry for new companies, particularly in the mass-market segments. However, niche segments, such as high-performance sport bikes, electric motorcycles, and custom cruisers, show a more fragmented landscape with opportunities for smaller companies like Zero Motorcycles and Victory Motorcycles to compete on innovation, design, and specific customer experience. The distribution channel is also concentrated, with authorized dealerships being the primary sales outlet, though online direct-to-consumer models are emerging, particularly among electric vehicle startups.

Type Insights

The U.S. motorcycle market is segmented by type, with each category appealing to different rider preferences and use cases. Cruiser motorcycles represent a historically significant and popular segment, deeply associated with American motorcycle culture and brands like Harley-Davidson. These bikes are characterized by a relaxed riding position, V-twin engines, and often a focus on style and customization. Sport bikes attract a demographic seeking high performance, agility, and speed, with brands like Ducati and Suzuki being key players. Touring motorcycles are designed for long-distance comfort and are equipped with features such as large windshields, audio systems, and ample storage, making them popular among older riders and those who travel extensively. Standard or naked bikes offer a minimalist, upright riding position and are often positioned as versatile urban commuters. The off-road segment, which includes dirt bikes and dual-sport models, caters to recreational and competitive riding, largely isolated from street-legal regulations. Adventure motorcycles have grown in popularity, blending on-road capability with off-road durability for touring and exploration. The emerging electric motorcycle type is gaining traction, focusing on urban mobility with instant torque, low maintenance, and zero emissions.

Application Insights

Motorcycles in the U.S. are utilized across several key application areas, reflecting their diverse role in transportation and recreation. The primary application is recreational riding, where motorcycles are used for leisure, touring, and as a hobby. This segment is a major driver for high-displacement and feature-rich models like cruisers and tourers. Daily commuting is another significant application, especially in urban areas where motorcycles offer advantages in traffic navigation and parking. For this use case, standard, sport, and increasingly electric models are preferred due to their maneuverability and efficiency. Motorcycles also serve important roles in commercial and municipal applications, such as for delivery services, couriers, and law enforcement, where their agility and lower operational costs are beneficial. The off-road application is almost exclusively recreational, involving motocross, trail riding, and other forms of competition that require specialized, non-street-legal machines. Furthermore, motorcycles hold a cultural and social application, being central to club activities, rallies, and community events, which reinforces brand communities and drives accessory sales. The application largely dictates the design, marketing, and technological focus of the products offered by manufacturers.

Regional Insights

Demand within the U.S. motorcycle market exhibits notable regional variations influenced by climate, culture, infrastructure, and economic factors. The Southern and Western regions of the United States typically show the highest concentration of motorcycle ownership and riding activity. States like California, Florida, and Texas are leading markets due to their year-round riding weather, extensive highway systems, and large populations. The warm climate facilitates a longer riding season, which positively impacts sales and usage. The Midwest also represents a strong market, particularly for touring and cruiser motorcycles, often associated with road trips and rallies. In contrast, the Northeastern states face a more limited riding season due to colder winters and snow, which can dampen annual sales and result in more seasonal purchasing patterns. Regional preferences also emerge; for instance, the West Coast shows a higher adoption rate for adventure and electric motorcycles, aligning with a culture of innovation and outdoor activity. Rural areas across all regions often see higher usage of motorcycles for practical transportation, whereas urban centers may see more commuter and leisure-focused riding. Understanding these geographic nuances is crucial for manufacturers and dealers in optimizing inventory, marketing strategies, and dealership locations.

Company Insights

The U.S. motorcycle market features a competitive landscape with a mix of American legacy brands, Japanese conglomerates, and European specialists. Harley-Davidson stands as an iconic American manufacturer with a deeply entrenched brand identity and a loyal customer base, though it faces challenges in attracting younger riders. Honda, Yamaha, Kawasaki, and Suzuki, often referred to as the Japanese "Big Four," are formidable competitors known for their reliability, broad product portfolios spanning all segments, and strong value proposition. BMW Motorrad and Ducati represent the European premium segment, focusing on advanced engineering, performance, and luxury in the touring, adventure, and sport bike categories. Triumph Motorcycles has successfully carved out a niche with its modern classics and adventure bikes. In the emerging electric segment, Zero Motorcycles is a recognized pioneer and leader. These companies compete not only on product features, price, and performance but also on the strength of their dealer networks, brand perception, and ability to foster a sense of community among owners. Financial services, warranty programs, and after-sales support are critical differentiators in this highly competitive environment.

Recent Developments

The U.S. motorcycle industry is undergoing significant transformation driven by technological innovation and shifting consumer expectations. A major development is the accelerated push towards electric mobility, with nearly all major manufacturers announcing or launching electric models to compete with startups and comply with future regulations. Connectivity is becoming a standard feature, with new models offering smartphone integration, GPS navigation, and vehicle diagnostics through proprietary apps. Advanced rider assistance systems (ARAS), including cornering ABS, cruise control, and blind-spot detection, are increasingly trickling down from premium to mid-range models, enhancing safety and appeal. Furthermore, companies are revising their business models, exploring direct-to-consumer sales channels and subscription services to reach new audiences and adapt to digital retail trends. In response to a changing demographic, there is a stronger focus on marketing campaigns aimed at women and younger generations, highlighting inclusivity and diverse riding experiences. The aftermarket sector is also evolving with a growing availability of electronically tunable performance parts and smart accessories that integrate with the motorcycle's systems.

Report Segmentation

This comprehensive market research report on the U.S. Motorcycle Market provides a detailed analysis structured through meticulous segmentation to offer actionable insights. The report is segmented by type, delving into the nuances of cruisers, sport bikes, touring motorcycles, standards, off-road, and electric models, analyzing the demand dynamics and competitive landscape for each. It is further segmented by application, examining the distinct drivers and trends within recreational, commuter, and commercial usage. The analysis includes a regional breakdown, assessing market performance and potential across key geographic areas in the United States to identify growth hotspots and regional preferences. An in-depth company profiling section delivers a competitive analysis of leading players, discussing their market share, strategic initiatives, and product portfolios. This multi-faceted segmentation allows stakeholders to understand specific niche markets, assess competition, identify growth opportunities, and make informed strategic decisions regarding investment, marketing, product development, and market entry.

FAQs

What are the best-selling motorcycle brands in the U.S.? The U.S. market is led by Harley-Davidson in the cruiser segment, while Honda consistently ranks among the top sellers overall due to its diverse range of reliable and affordable models across all categories. Other top-selling brands include Yamaha, Kawasaki, and Indian Motorcycle.

What is the current trend in the motorcycle industry? Key trends include the industry's gradual shift towards electric motorcycles, the increasing integration of advanced connectivity and safety technology into new models, and a strategic focus by manufacturers on attracting younger and more diverse riders, including women.

Is the motorcycle market growing? The market experiences cyclical fluctuations tied to economic conditions. While facing challenges from an aging rider base, it is finding new growth avenues through electric vehicles, adventure touring models, and outreach to new demographic segments, indicating a market in transition rather than outright decline.

What are the major challenges facing the motorcycle market? Significant challenges include overcoming the perception of riding as dangerous, regulatory pressures for lower emissions and higher safety standards which increase costs, and the industry's critical need to appeal to a younger generation to ensure long-term sustainability.

Which type of motorcycle is most popular? Cruiser motorcycles remain immensely popular due to their strong association with American motorcycle culture. However, adventure-touring and dual-sport segments are currently showing some of the strongest growth in popularity among enthusiasts.

Are electric motorcycles becoming popular? Yes, electric motorcycles are gaining notable traction, particularly in urban areas and among tech-savvy, environmentally conscious consumers. While still a small percentage of the overall market, their adoption is steadily increasing as range improves and charging infrastructure expands.

Citius Research has developed a research report titled “U.S. Motorcycle Market Report - Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• U.S. Motorcycle Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The U.S. Motorcycle Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

U.S. Motorcycle Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

U.S. Motorcycle Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of U.S. Motorcycle Market
• Research Methodology
• Executive Summary
• Market Dynamics of U.S. Motorcycle Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of U.S. Motorcycle Market
• Cost and Gross Margin Analysis of U.S. Motorcycle Market
• U.S. Motorcycle Market Report - Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “U.S. Motorcycle Market Report - Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

U.S. Motorcycle Market Key Stakeholders

Below are the key stakeholders for the U.S. Motorcycle Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

U.S. Motorcycle Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the U.S. Motorcycle Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the U.S. Motorcycle Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in U.S. Motorcycle Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global U.S. Motorcycle Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global U.S. Motorcycle Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global U.S. Motorcycle Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global U.S. Motorcycle Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global U.S. Motorcycle Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global U.S. Motorcycle Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America U.S. Motorcycle Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America U.S. Motorcycle Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe U.S. Motorcycle Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA U.S. Motorcycle Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific U.S. Motorcycle Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa U.S. Motorcycle Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia U.S. Motorcycle Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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