The average price in the motorcycles market in the United States was forecast to increase between 2024 and 2029 by in total 0.2 thousand U.S. dollars (+1.68 percent). This overall increase does not happen continuously, notably not in 2027 and 2029. The average price is estimated to amount to 12.09 thousand U.S. dollars in 2029. Notably, the average price of the motorcycles market was continuously increasing over the past years.Find further information concerning revenue in the Philippines and average price per unit (PPU) in the Philippines. The Statista Market Insights cover a broad range of additional markets.

Between 2022 and 2030, the electric motorbike market is projected to have a compound annual growth rate of 10.2 percent, reaching around 109.5 billion U.S. dollars in 2030. In 2021, the market was sized at just under 46 billion U.S. dollars, as data from Next Move Strategy Consulting shows.

Explore the Connected Motorcycle Market trends! Covers key players, growth rate 44.2% CAGR, market size $1.44 Billion, and forecasts to 2033. Get insights now!

According to Cognitive Market Research, the global Premium Motorcycles market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 23.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 25.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.7% from 2024 to 2031.
The Cruiser Motorcycles category is the fastest growing segment of the Premium Motorcycles industry

Market Dynamics of Premium Motorcycles Market

Key Drivers for Premium Motorcycles Market

Rising Disposable Incomes to Boost Market Growth

Increasing disposable incomes, particularly in emerging markets, are driving heightened demand for premium motorcycles. Increased incomes enhance consumers' purchasing power, enabling them to invest in premium, feature-laden motorcycles that align with their aspirational lifestyles. This transition is especially apparent among middle-class consumers who desire automobiles that integrate performance, comfort, and prestige. The increasing popularity of leisure motorcycling and adventure travel enhances demand for high-end models. Manufacturers are implementing creative designs, advanced technologies, and improved customization possibilities to appeal to this growing consumer demographic. Consequently, increasing disposable incomes are a primary catalyst for expansion in the premium motorbike sector.

Changing Lifestyle Preferences to Drive Market Growth

Motorcycles are transforming from simple means of transport to potent symbols of living, embodying individualism, adventure, and freedom. A significant number of consumers perceive motorbike ownership as an expression of their identity and a means of differentiation. Adventure and touring motorcycles are notably favoured, attracting individuals in pursuit of exhilarating adventures and discoveries. The emergence of motorcycle organizations and groups highlights this cultural transformation, fostering a sense of connection among riders. Manufacturers are capitalizing on this trend by providing models that merge performance with distinctive appearance and customization choices, framing motorcycles as not merely cars but as representations of a vibrant lifestyle.

Restraint Factor for the Premium Motorcycles Market

Economic Slowdowns, will Limit Market Growth

Economic downturns frequently result in diminished consumer expenditure, particularly on non-essential goods such as luxury motorcycles. In periods of financial instability, customers prioritize necessary purchases and may postpone or abandon expenditures on expensive things. Luxury items, such as premium motorcycles, are especially susceptible as consumers grow more prudent regarding their spending. Manufacturers may have difficulties if demand for premium models diminishes, necessitating potential modifications in pricing tactics, promotions, and manufacturing volumes. In such contexts, businesses may pivot towards more economical alternatives or implement financing schemes to sustain consumer engagement and alleviate the effects of economic recessions.

Impact of Covid-19 on the Premium Motorcycles Market

The COVID-19 epidemic profoundly affected the motorcycle market, altering supply networks, manufacturing processes, and consumer expenditure. Lockdowns and restrictions caused temporary industrial closures, stalling production and leading to inventory shortages. Simultaneously, customer demand varied, with certain regions witnessing a decrease in sales attributed to economic uncertainties. In some markets, the epidemic generated heightened interest in motorbikes as a safer, individual means of transportation, esp...

The Global Electric Scooter and Motorcycle Market is Segmented by Vehicle Type (E-scooters and E-motorcycles), Battery Type (Lithium-ion and Sealed Lead-acid), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The report offers size and forecast for all the above segments in value (USD million).

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Motorcycle Sensors Market 2024-2028

The motorcycle sensors market size is estimated to grow at a CAGR of 6.72% between 2023 and 2028. The market size is forecast to increase by USD 6.95 billion. The growth of the market depends on several factors such as the increasing usage of electric components in motorcycles, the growing adoption of advanced safety and comfort systems in the motorcycle industry, and the advancements in IMU manufacturing technologies to increase demand for IMU sensors.

The report includes a comprehensive outlook on the Motorcycle Sensors Market, offering forecasts for the industry segmented by Type, which comprises process, position, motion, and others. Additionally, it categorizes Distribution Channel into OEM, aftermarket, and covers Regions, including APAC, Europe, North America, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

What will be the Size of the Motorcycle Sensors Market During the Forecast Period?

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Motorcycle Sensors Market: Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Motorcycle Sensors Market Driver

Advancements in IMU manufacturing technologies to increase demand for IMU sensors is the key factor driving market growth. The competition among the market players and suppliers in the automotive sensors industry has increased; as a result, it is witnessing increasing investments in the R&D of sensor-based automotive systems. The growing dependence on sensor and radar-based systems is one of the major reasons driving the global motorcycle sensor market. Furthermore, IMUs are nowadays also enhanced with sensor-fusion software in the application features, such as automatic screen rotation, gesture recognition, step-counting, personal navigation, and free-fall detection.

Furthermore, the leading players in the IMU sensors market, such as STMicroelectronics and Bosch Sensortec, have increased their investment in the R&D of sensors. The huge sales potential of this market has motivated vendors to invest more in R&D. They have thus set high standards for every end-product in the sensors space. This increased R&D investment has led to the development of advanced versions of IMUs, efficient gyroscopes, and accelerators. This is expected to drive and sustain the growth of the market during the forecast period.

Key Motorcycle Sensors Market Trends

The development of a complete sensor box imbibing multiple degrees of freedom is the primary trend shaping market growth. The global automotive market is witnessing rising competition among the various stakeholders operating in the value chain. Consequently, these leading automotive suppliers are differentiating themselves by developing innovative systems, which are giving them a competitive advantage over their counterparts. The automakers are, therefore, investing heavily in the R&D of new technologies, which are driving the future of the automotive industry.

Furthermore, one of the leading automotive suppliers, Continental, has developed Sensorbox for use in motorcycles. The system is based on a new concept, which makes way for advanced configuration for the measurement of range. The sensor box enables six degrees of freedom in total, with roll rate, pitch rate, and yaw rate measured with an accuracy of up to 300 degrees/second; the other three degrees of freedom, such as lateral, longitudinal, and vertical movements. Thus, the development of a complete sensor box imbibing multiple degrees of freedom will drive the growth of the market during the forecast period.

Key Motorcycle Sensors Market Challenge

Growing cost pressures on OEMs/manufacturers is a challenge that affects market growth. Environment and safety standards are pressurizing OEMs to find means to comply with regulations, while not transmitting additional costs to the consumer. Controlling emissions is bound to increase the cost of the vehicle. Additionally, consumers demanding advanced features at competitive prices will add to the already cost-pressurized OEMs. Such immense cost pressures are challenging OEMs to introduce advanced features of the luxury/premium segment motorcycles to mid-category or even daily commuting motorcycles without hiking sticker prices.

Moreover, OEMs not offering a product differentiation to the daily commuter or the addition of a new feature may register lower profits because the advantages that accrue from voluminous sales (exhibited by the low-end and mid-end cars segment) will likely elude them. Hence

In 2029, the global motorcycle market is projected to reach a volume of around 63 million units. Over half of this market is forecast to be comprised of on-road motorcycles. Off-road motorcycles, the smallest segment, is expected to experience the strongest growth.

United States - Producer Price Index by Industry: Motorcycle, Bicycle, and Parts Manufacturing was 166.46100 Index Dec 1984=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Motorcycle, Bicycle, and Parts Manufacturing reached a record high of 166.46100 in January of 2025 and a record low of 98.50000 in December of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Motorcycle, Bicycle, and Parts Manufacturing - last updated from the United States Federal Reserve on March of 2025.

The global conventional motorcycles and scooters market is projected to reach a valuation of US$ 1,99,138.0 million by 2033. The market is anticipated to grow at a CAGR of 3.8% between 2023 and 2033. The conventional motorcycles and scooters market is set to be valued at US$ 1,37,145.2 million in 2023.

Attributes	Key Statistics
Global Conventional Motorcycles and Scooters Market Estimated Size (2023E)	US$ 1,37,145.2 million
Projected Market Valuation (2033F)	US$ 1,99,138.0 million
Value-based CAGR (2023 to 2033)	3.8%
Collective Value Share: Top 5 Countries (2023)	More than 82.3%

Country-wise Insights

Country	Market CAGR % (2023 to 2033)
India	4%

Country	Market Share % (2023)
Japan	9.9%

Country	Market Share % (2023)
The United States	14.5%

Category-wise Insights

Segment	Market Share % (2023)
Conventional Motorcycles	77.6%

Segment	Market Share % (2023)
Upto 150 cc	21.7%

Conventional Motorcycles and Scooters Market Report Scope

Report Attributes	Details
Estimated Market Size (2023)	US$ 1,37,145.2 million
Projected Market Valuation (2033)	US$ 1,99,138.0 million
Value-based CAGR (2023 to 2033)	3.8%
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	Value (US$ million)
Key Regions Covered	North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa (MEA).
Key Countries Covered	The United States, Canada, Brazil, Mexico, Germany, Italy, France, The United Kingdom, Spain, BENELUX, Russia, China, Japan, South Korea, India, Association of Southeast Asian Nations, Australia and New Zealand, GCC Countries, Northern Africa, South Africa
Key Market Segments Covered	Product Type, Engine Capacity Type, and Region
Key Companies Profiled	Yamaha Motors Co., Ltd. Piaggio & C. SpA Suzuki Motor Corporation Honda Motor Co., Ltd. Hero Motocorp Ltd. Eicher Motors Limited Harley-Davidson, Inc. Bajaj Auto Ltd. TVS Motor Company Lifan Industry (Group) Co., Ltd. Ducati Motor Holding S.p.A. KTM AG Triumph Motorcycles Ltd. Kwang Yang Motor Co., Ltd. Syarikat Motosikal dan Enjin Nasional Sdn. Bhd. Sanyang Motor Co., Ltd. Walton Group QianJiang Group Co., Ltd. Luoyang Northern Ek Chor Motorcycle Co., Ltd. Chongqing YinXiang Motorcycle (Group) Co., Ltd
Report Coverage	Market Forecast, brand share analysis, competition intelligence, DROT analysis, market dynamics and challenges, strategic growth initiatives

As of December 2024, Honda held the largest share of the U.S. motorcycle market, marginally outpacing Wisconsin-based Harley-Davidson, which reached a market share of around 19.9 percent of the motorcycle market in the United States. Asian motorcycle brands dominate the market The leading Asian motorcycle brands made up nearly half of the U.S. motorcycle market in 2024. Honda, alone, accounted for a fifth of the market, while Yamaha, Kawasaki, and Suzuki constituted the remaining 30 percent. The U.S. is an important market globally for these brands, with annual revenue in the sector amounting to nearly seven billion U.S. dollars. However, the U.S. no longer among the five largest motorcycle markets globally, as it had before 2021. Instead, Asian countries, including India and China, and Brazil now lead the global market. U.S. motorcycle manufacturer market share Harley-Davidson is the close second in motorcycle sales in the United States. The name alone conjures up the stinging scent of burnt gasoline and the roaring sound of bulky chrome and steel bikes glinting in the sun. Harley-Davidson was founded over 100 years ago in Milwaukee, Wisconsin by William S. Harley, as well as Arthur, Walter and William A. Davidson. The company has established itself as one of the key brands on the global as well as the domestic U.S. motorcycle market.

According to Cognitive Market Research, the global Dirt Bikes market size will be USD 9581.6 million in 2024. It will rise at the compound annual growth rate (CAGR) of 7.80% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 3832.64 million in 2024 and will rise at the compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2874.48 million.
Asia Pacific held a market share of around 23% of global revenue with a market size of USD 2203.77 million in 2024 and will rise at the compound annual growth rate (CAGR) of 9.8% from the year 2024 to 2031.
Latin America had a market share of more than 5% of global revenue with a market size of USD 479.08 million in 2024 and will rise at the compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 191.63 million in 2024 and will rise at the compound annual growth rate (CAGR) of 7.5% from 2024 to 2031.
The commercial held the highest Dirt Bikes market revenue share in 2024.

Market Dynamics of Dirt Bikes Market

Key Drivers for Dirt Bikes Market

Growing Interest in Outdoor Recreation to Increase the Demand Globally

The increasing popularity of outdoor recreational activities, including off-road biking, significantly drives the dirt bike market. As more individuals seek adventurous and physically engaging hobbies, dirt biking has gained traction due to its thrilling experience and the appeal of exploring rugged terrains. This surge in interest is supported by a growing culture around extreme sports and outdoor adventures, encouraging both amateur and professional riders to invest in dirt bikes. Additionally, organized motocross events and competitions contribute to this growth as they boost visibility and enthusiasm for the sport. As the lifestyle trend toward outdoor activities continues, the demand for dirt bikes is expected to rise, driving market expansion.

Technological Advancements and Innovations to Propel Market Growth

Advances in dirt bike technology, including improvements in engine performance, suspension systems, and safety features, play an important role in boosting the market. Modern dirt bikes offer enhanced durability, better handling, and increased rider comfort, attracting enthusiasts and professional riders alike. Innovations such as lightweight materials, advanced fuel injection systems, and electronic controls have made dirt bikes more efficient and appealing. These technological advancements not only improves the overall riding experience but also address safety concerns, making dirt biking more accessible and enjoyable for a broader audience.

Restraint Factor for the Dirt Bikes Market

The Regulatory and Environmental Restrictions Imposed on Off-Road Vehicles to Limit the Sales

Many regions have stringent regulations concerning emissions, noise levels, and trail usage, which can limit the operation and sales of dirt bikes. These regulations often require manufacturers to invest in advanced technologies to meet compliance standards, increasing production costs. Additionally, the restricted access to off-road areas due to environmental conservation efforts and land management policies further limits the opportunities for dirt biking. These factors can result in the higher costs for consumers and reduced market growth potential. Furthermore, navigating varying regional regulations adds complexity for manufacturers and distributors, potentially impacting their ability to operate efficiently across different markets.

Impact of Covid-19 on the Dirt Bikes Market

The COVID-19 pandemic had a notable impact on the dirt bike market, leading to both challenges and opportunities. During the pandemic, supply chain disruptions and manufacturing delays affected production and distribution, causing shortages and increased costs for dirt bikes and components. However, the lockdowns and social distancing measures drove a surge in outdoor recreational activities, including off-road biking. This increased interest in dirt biking, as people sought safe, socially distanced activities, boosted demand. Additionally, the rise in disposable incomes and changes in lifestyle preferences contributed to market growth. Introduction of t...

The global motorcycle sidecars market size reached 56.2 Million Units in 2024. Looking forward, IMARC Group expects the market to reach 89.0 Million Units by 2033, exhibiting a growth rate (CAGR) of 4.98% during 2025-2033. The increasing consumer preferences for vintage collections, rising expenditure capacities, and significant technological advancements represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	53.4 Million Units
Market Forecast in 2033	84.6 Million Units
Market Growth Rate (2025-2033)	4.98%

IMARC Group provides an analysis of the key trends in each segment of the global motorcycle sidecars market report, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on vehicle type, vehicle engine type, distribution channel, and sales channel.

The Global Electric Scooter and Motorcycle Market is projected to grow at a CAGR of around 14.62% during the forecast period, i.e., 2022-27. Says- MarkNtel Advisors.

The Dirt Bike Market is projected to grow at 6.6% CAGR, reaching $11.3 Billion by 2029. Where is the industry heading next? Get the sample report now!

After three years of decline, the Sudanese motorcycle and bicycle market increased by 41% to $37M in 2024. Overall, consumption posted a resilient expansion. Over the period under review, the market reached the peak level at $87M in 2020; however, from 2021 to 2024, consumption stood at a somewhat lower figure.

The Motorcycle Filters report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.

The global Motorcycle Navigation System market size was valued at USD 674.52 million in 2025 and is projected to reach USD 1,172.28 million by 2033, exhibiting a CAGR of 8.07% during the forecast period. The increasing adoption of advanced technologies, such as artificial intelligence (AI) and machine learning (ML), in motorcycle navigation systems is driving market growth. These technologies enable navigation systems to provide more accurate and personalized navigation experiences, such as real-time traffic updates, lane guidance, and POI (point of interest) database. Additionally, the growing popularity of adventure motorcycling and the increasing number of motorcycle riders are contributing to the market growth. The market is segmented by product type into integrated navigation systems, portable navigation devices, and smartphone-based navigation apps. The smartphone-based navigation segment is expected to witness significant growth during the forecast period due to the increasing penetration of smartphones and the availability of a wide range of navigation apps. The market is also segmented by vehicle type into street motorcycles, sport motorcycles, adventure motorcycles, cruisers, and scooters. The adventure motorcycle segment is expected to witness lucrative growth during the forecast period due to the increasing popularity of adventure motorcycling and the demand for navigation systems that can provide accurate and detailed information for off-road riding. Key drivers for this market are: Advanced safety features Growing popularity of adventure touring Increasing adoption of electric motorcycles. Potential restraints include: Rising disposable income increasing motorcycle ownership Advancements in technology improved accuracy and features. Growing popularity of adventure and touring motorcycles Increased focus on rider safety navigation assistance Integration with smartphones and smart devices.

The Bike-Sharing Market Report is Segmented by Bike Type (Traditional/Regular Bike and E-Bike), Sharing System (Docked and Dockless), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The Report Offers Market Size and Forecasts for the Above-Mentioned Segments in Value Terms (USD).

The India Two Wheeler Market is segmented by Propulsion Type (Hybrid and Electric Vehicles, ICE). The report offers market size in both market value in USD and market volume in unit. Further, the report includes a market split by Vehicle Type, Vehicle Configuration, Vehicle Body Type, Propulsion Type, and Fuel Category.

The Powersports Market Report is Segmented by Vehicle Type (Personal Watercraft, All-Terrain Vehicles, Heavyweight Motorcycles, Side by Side Vehicles, Snowmobiles), by Propulsion (Diesel, Gasoline, Electric), by Application (On-Road, Off-Road), and by Geography (North America, Europe, Asia-Pacific, Rest of the World). The Report Offers the Market Size and Forecast of Powersports Market in Value (USD Million) for all the Above-Mentioned Segments.