In 2029, the global motorcycle market is projected to reach a volume of around ** 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.

The Connected Motorcycle Market Report is Segmented by Service (Driver Assistance, Infotainment and More), Hardware Type (Embedded Control Unit and More), End User (Private Consumers and More), Network Type (Cellular (4G/5G) and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Forecast: Sold Production of Motorcycles in France 2022 - 2026 Discover more data with ReportLinker!

The global motorcycle market size was valued at USD 148.97 Billion in 2024, with expectations of growth at a CAGR of 3.61% from 2025 to 2034, reaching nearly USD 212.38 Billion by 2034. Asia-Pacific dominated the motorcycle industry, benefiting from lower production costs, including cheaper labour, efficient supply chains, and access to raw materials. The motorcycle market in the U.S. is also expanding, with 553,325 two-wheeler vehicles registered in 2024. The U.S. ranks as the 14th largest motorcycle market globally, driven by increasing power sports activities post-pandemic, as many turned to outdoor recreational activities during lockdowns and social distancing.

Global Motorcycle Market size is set to expand from $139.25 Billion in 2023 to $ 192.77 Billion by 2032, with an anticipated CAGR of around 3.68% from 2024 to 2032.

The conventional motorcycles and scooters market is projected to expand from USD 214,560.4 million in 2025 to USD 314,561.1 million by 2035, registering a CAGR of 3.9% over the forecast period. This growth is being driven by rising demand for affordable, fuel-efficient, and practical urban transportation, particularly in emerging economies with large populations and developing road infrastructure.

Metric	Value
Industry Size (2025E)	USD 214,560.4 million
Industry Value (2035F)	USD 314,561.1 million
CAGR (2025 to 2035)	3.9%

Country-wise Insights

Country	CAGR (2025 to 2035)
United States	3.5%

Country	CAGR (2025 to 2035)
United Kingdom	3.7%

Region	CAGR (2025 to 2035)
European Union	4.0%

Country	CAGR (2025 to 2035)
Japan	3.6%

Country	CAGR (2025 to 2035)
South Korea	3.8%

Competitive Outlook: Conventional Motorcycles and Scooters Market

Company Name	Estimated Market Share (%)
Honda Motor Co., Ltd.	20-25%
Yamaha Motor Co., Ltd.	13-16%
Hero MotoCorp Ltd.	11-14%
Bajaj Auto Ltd.	7-10%
TVS Motor Company	5-8%
Other Companies (combined)	30-40%

The number of unit sales in the motorcycles market in Turkey was forecast to continuously increase between 2024 and 2029 by in total **** thousand motorcycles (***** percent). After the tenth consecutive increasing year, the number of unit sales is estimated to reach ****** thousand motorcycles and therefore a new peak in 2029. Find further information concerning the average price in the motorcycles market in the Netherlands and the revenue in the motorcycles market in Paraguay. The Statista Market Insights cover a broad range of additional markets.

Heavyweight Motorcycle Market Size, Share & Growth Analysis | By Engine Capacity, Type, Price Range & Distribution Channel | Forecast 2025-2032

The global revenue in the motorcycles market was forecast to continuously increase between 2024 and 2029 by in total 28.4 billion U.S. dollars (+19.2 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 176.25 billion U.S. dollars and therefore a new peak in 2029. Find more information concerning the Philippines and Vietnam. The Statista Market Insights cover a broad range of additional markets.

Motorcycle Connectors Market Outlook

The global motorcycle connectors market size was valued at approximately USD 1.2 billion in 2023, with a projected compound annual growth rate (CAGR) of around 5.3% from 2024 to 2032. By 2032, the market is expected to reach USD 2.0 billion. The primary growth factors driving this market include increasing motorcycle production, advancements in motorcycle electronics, and a rising focus on safety and performance enhancements.

One of the significant growth drivers in the motorcycle connectors market is the increasing production and sales of motorcycles worldwide. As urbanization progresses, particularly in emerging economies, two-wheelers are becoming a popular mode of transportation due to their cost-effectiveness and ease of navigation through congested city streets. This surge in demand for motorcycles directly correlates with an increased requirement for connectors, which are crucial components in the electrical systems of these vehicles. Additionally, the rise in electric motorcycle production is further boosting the need for specialized connectors designed to handle higher voltages and complex electrical systems.

Another key factor contributing to the market's growth is the continuous advancements in motorcycle electronics. Modern motorcycles are increasingly equipped with sophisticated electronic systems, including advanced safety features, infotainment systems, and connectivity solutions. These advancements necessitate the use of high-quality, reliable connectors to ensure seamless integration and performance. The trend towards smart motorcycles, which offer features such as GPS navigation, real-time diagnostics, and wireless connectivity, is also driving the demand for innovative connector solutions that can support these technologies.

Furthermore, the emphasis on improving motorcycle safety and performance is playing a crucial role in the market's expansion. Governments and regulatory bodies worldwide are implementing stringent safety regulations, prompting manufacturers to incorporate advanced safety systems such as ABS (Anti-lock Braking System), traction control, and electronic stability control. These systems rely heavily on robust and reliable connectors to function correctly. Additionally, the growing consumer preference for high-performance motorcycles with enhanced fuel efficiency and lower emissions is driving the need for advanced connectors that can support these performance-enhancing systems.

Regionally, the Asia Pacific region is expected to dominate the motorcycle connectors market during the forecast period. The region's dominance can be attributed to the high motorcycle production rates, particularly in countries like India, China, and Japan. The presence of several major motorcycle manufacturers in these countries, coupled with the increasing adoption of electric motorcycles, is fueling the demand for motorcycle connectors. North America and Europe are also significant markets, driven by the high demand for premium motorcycles and the growing popularity of electric two-wheelers.

Type Analysis

The motorcycle connectors market can be segmented by type into wire-to-wire connectors, wire-to-board connectors, and board-to-board connectors. Wire-to-wire connectors are widely used in motorcycles due to their versatility and ease of installation. These connectors are typically employed in various electrical systems, including lighting systems, ignition systems, and battery connections. The growing complexity of motorcycle electrical systems is driving the demand for reliable wire-to-wire connectors that can withstand harsh operating conditions and provide secure connections.

Wire-to-board connectors are another crucial segment in the motorcycle connectors market. These connectors are used to establish connections between wires and printed circuit boards (PCBs) in various electronic modules, such as engine control units (ECUs) and fuel injection systems. The increasing integration of electronic components in motorcycles is boosting the demand for wire-to-board connectors. These connectors offer advantages such as compact design, high reliability, and ease of assembly, making them ideal for use in modern motorcycle electronics.

Board-to-board connectors are primarily used in advanced electronic systems where direct connections between PCBs are required. These connectors facilitat

Forecast: Production in Manufacture of Motorcycles Sector in Finland 2024 - 2028 Discover more data with ReportLinker!

Motorcycle Parts Market Outlook

The global motorcycle parts market size was valued at approximately USD 22.5 billion in 2023 and is projected to reach around USD 38.2 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.1% from 2024 to 2032. The growth of this market is primarily driven by the rising demand for motorcycles across the globe due to their fuel efficiency and affordability, coupled with an increasing trend towards personalization and customization of motorcycles. Additionally, the surge in motorcycle production in emerging economies and the proliferation of e-commerce platforms for aftermarket parts are notable contributors to market expansion.

One of the key growth factors for the motorcycle parts market is the increasing population in urban areas, leading to higher demand for efficient and cost-effective transportation solutions. Motorcycles have gained popularity as they offer a practical alternative to cars, especially in congested cities where traffic is a significant issue. Furthermore, the growing trend of motorcycle customization has fueled the demand for various aftermarket parts, allowing riders to personalize their bikes to reflect their style and preferences. This personalization trend is particularly evident in younger demographics who seek unique and customized rides.

Technological advancements in motorcycle manufacturing and parts production have also propelled market growth. Innovations such as advanced braking systems, electronic fuel injection, and enhanced suspension systems have improved the performance, safety, and reliability of motorcycles. These advancements require high-quality parts, driving the demand in both the Original Equipment Manufacturer (OEM) and aftermarket segments. Additionally, the rise of electric motorcycles, which require specialized parts and components, has opened new avenues for market expansion as environmental concerns and government regulations push for cleaner transportation solutions.

The proliferation of e-commerce platforms and online sales channels has significantly contributed to the growth of the motorcycle parts market. Consumers can now easily access a wide range of parts and accessories online, compare prices, and make purchases from the comfort of their homes. This convenience has led to an increase in aftermarket sales, as riders can source parts from various suppliers globally, enhancing the customization and maintenance of their motorcycles. Furthermore, the availability of detailed product information and customer reviews online has helped consumers make informed decisions, boosting overall market growth.

Regionally, the Asia Pacific region dominates the motorcycle parts market due to the high concentration of motorcycle manufacturers and the popularity of motorcycles as a primary mode of transportation in countries like India, China, and Indonesia. The region is expected to maintain its leading position over the forecast period, driven by increasing disposable incomes and rapid urbanization. North America and Europe also represent significant markets, with a strong presence of motorcycle enthusiasts and a growing culture of motorcycle clubs and events contributing to sustained demand for motorcycle parts.

In addition to the motorcycle parts market, the snowmobile parts industry is also experiencing growth, driven by the increasing popularity of snowmobiling as a recreational activity. Snowmobiles require a variety of specialized parts, including tracks, skis, and suspension systems, to ensure optimal performance in snowy and icy conditions. The demand for high-quality snowmobile parts is fueled by the need for regular maintenance and upgrades, as enthusiasts seek to enhance the performance and reliability of their vehicles. The rise of snowmobile tourism and the expansion of snowmobile trails in regions with heavy snowfall have further contributed to the growth of the snowmobile parts market. As with motorcycles, customization and personalization trends are also evident in the snowmobile industry, with riders looking to modify their vehicles to suit their individual preferences and riding styles.

Product Type Analysis

The product type segment of the motorcycle parts market comprises engine parts, frame and fittings, electrical and electronics, wheels and tires, transmission parts, and others. Engine parts represent a significant share of the market, driven by the essential role they play in the performance and longevity of motorcycles. High demand for engine

The global off-road motorcycle market size is anticipated to reach USD 17,078.7 million in 2024. It is estimated to rise at a CAGR of 6.1% during the assessment period to reach the value of USD 30,875.1 million by 2034.

Attributes	Description
Estimated Global Off-road Motorcycle Market Size (2024E)	USD 17,078.7 million
Projected Global Off-road Motorcycle Market Value (2034F)	USD 30,875.1 million
Value-based CAGR (2024 to 2034)	6.1%

Semi-annual Update on Off-road Motorcycle Market

Particular	Value CAGR
H1	5.5% (2023 to 2033)
H2	6.2% (2023 to 2033)
H1	5.8% (2024 to 2034)
H2	6.4% (2024 to 2034)

Analysis of Top Countries Producing, Using, and Distributing Off-road Motorcycle Market

Countries	CAGR 2024 to 2034
India	6.4%
France	6%
Spain	5.8%
Italy	5.6%
Canada	5.6%

Off-road Motorcycle Market Industry Analysis by Key Categories

Segment	Enduro bikes (Type)
Value Share (2024)	35%

Segment	251 to 500 CC (Engine Capacity)
Value Share (2024)	35%

Motorcycle Manufacturing Market Outlook

The global motorcycle manufacturing market size was valued at approximately $125 billion in 2023 and is projected to reach nearly $185 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period. The substantial growth in this market can be attributed to several factors, including increasing urbanization, rising disposable incomes, and a growing preference for personal mobility solutions over public transportation. These trends are fueling the demand for motorcycles across diverse regions worldwide.

One of the most significant growth factors in the motorcycle manufacturing market is the rising urban population in developing countries. Rapid urbanization has led to increased traffic congestion, making motorcycles an efficient and cost-effective mode of transportation. In regions like Asia-Pacific, where urban density is exceptionally high, motorcycles offer a viable solution to navigate through congested streets. Additionally, motorcycles are often more affordable than cars, making them an attractive option for middle-class consumers in emerging markets.

Another driving force behind the market growth is the advancements in motorbike technologies, including the development of electric motorcycles. Environmental concerns and stringent emissions regulations are pushing manufacturers to innovate and produce electric motorcycles that offer lower emissions, reduced noise pollution, and high energy efficiency. Leading companies are investing significantly in research and development to enhance battery life and performance, making electric motorcycles a sustainable alternative to traditional internal combustion engine (ICE) models.

The increasing popularity of adventure and touring motorcycles is also contributing to market expansion. Consumers are showing a growing interest in leisure activities and outdoor adventures, which has led to a surge in demand for durable and high-performance motorcycles that can handle various terrains and long-distance travel. Manufacturers are responding by introducing versatile models equipped with advanced features such as enhanced suspension systems, ergonomic designs, and advanced navigation systems to cater to this niche market.

Conventional Motorcycles and Scooters continue to play a pivotal role in the global motorcycle manufacturing market. These vehicles are particularly popular in urban areas where their compact size and fuel efficiency make them ideal for navigating congested streets. Unlike their electric counterparts, conventional motorcycles and scooters rely on internal combustion engines, which are favored for their established infrastructure and performance capabilities. Despite the growing trend towards electrification, the demand for conventional models remains strong, especially in regions with less developed charging infrastructure. Manufacturers are focusing on improving fuel efficiency and reducing emissions to comply with environmental regulations while maintaining the affordability and reliability that consumers expect from these vehicles.

Regionally, the Asia-Pacific region dominates the motorcycle manufacturing market, accounting for a significant share of global sales. The region's dominance can be attributed to countries like India and China, where motorcycles are a primary mode of transportation. These countries have large populations and rapidly growing economies, which drive demand for both low-cost and premium motorcycles. Other regions such as North America and Europe are also experiencing steady growth, with increasing consumer interest in electric motorcycles and high-performance models.

Product Type Analysis

The motorcycle manufacturing market is segmented by product type, with categories including standard, cruiser, sport, touring, adventure, and others. The standard motorcycle segment holds a considerable share of the market due to its versatility and affordability. These motorcycles are designed for daily commuting and general use, making them accessible to a wide range of consumers. Their simple design and ease of maintenance further enhance their appeal, especially in developing countries where cost is a significant factor for consumers.

In contrast, the cruiser segment targets a different demographic, primarily focusing on consumers seeking a more relaxed and comfortable riding experience. Cruisers are designed with a lower seat height and a

Snapshot img

High-Performance Electric Motorcycle Market Size 2025-2029

The high-performance electric motorcycle market size is forecast to increase by USD 16.42 billion at a CAGR of 11.3% between 2024 and 2029.

The market is witnessing significant momentum due to the ongoing technological advancements in this sector. Motorcycle safety and performance upgrades are also crucial considerations, with power electronics and carbon fiber components contributing to improved motorcycle design. An intriguing trend is the emergence of all-electric motorcycle racing, which is gaining popularity and legitimacy, further propelling market growth. However, the high cost of producing high-performance electric motorcycles poses a substantial challenge for manufacturers.
Despite this hurdle, the potential for significant market share and revenue growth in the high-performance electric motorcycle segment is immense, particularly for companies that can effectively address the cost issue and cater to the evolving demands of consumers seeking high-performance, eco-friendly transportation solutions. Motorcycle history is being rewritten with the integration of motorcycle financing, leasing, and battery recycling, making electric motorcycles more accessible to a wider audience.

What will be the Size of the High-Performance Electric Motorcycle Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

The market is experiencing significant growth, driven by advancements in motorcycle production cost, telematics, and user experience. Motorcycle communities are embracing the shift towards electric, fostering a vibrant culture that values connectivity and sustainability. Motorcycle software and apps are revolutionizing maintenance, fleet management, and data analytics, streamlining operations for businesses. The accelerated development of the market is driven by several key factors, including technological advances, increasing government support for the adoption of EVs, and the declining prices of Li-ion batteries. Electric motor efficiency is a key focus, with motorcycle brands investing in research and development to enhance performance and reduce costs. Motorcycle repair is evolving with the advent of connected motorcycles, enabling remote diagnostics and predictive maintenance.
Motorcycle security is also a priority, with advancements in motorcycle telematics and software ensuring peace of mind for riders. Design trends include motorcycle components that prioritize lightweight materials and aerodynamics, while motorcycle marketing and advertising strategies are adapting to the changing landscape. Motorcycle sharing and autonomous motorcycles are also gaining traction, offering new opportunities for riders and businesses alike. In the supply chain, motorcycle parts and components are being reimagined for electric motorcycles, ensuring seamless integration and compatibility. Motorcycle culture continues to evolve, with a renewed focus on sustainability and innovation.

How is this High-Performance Electric Motorcycle Industry segmented?

The high-performance electric motorcycle industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Street
  Off-road


Battery Type

  Lithium-ion
  Sealed lead acid


Channel

  OEMs
  Aftermarket


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    Spain
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By Type Insights

The street segment is estimated to witness significant growth during the forecast period. Additionally, the continuous reduction in the cost of Li-ion batteries lowers the overall price of electric vehicles, making them more affordable and accessible. High-performance electric motorcycles, a segment of street-legal motorcycles, are gaining traction in the market due to the increasing environmental consciousness and the declining costs of lithium-ion batteries. Motorcycle clubs and enthusiasts are embracing these eco-friendly alternatives, leading to a rise in demand. The market is dominated by the street segment, with key players such as Zero Motorcycles, Harley Davidson, and Lightning Motors focusing on this area. These high-performance electric motorcycles come with advanced features like battery management systems, traction control, motor controllers, and regenerative braking, enhancing the riding experience.

Motorcycle tourism and urban mobility are other areas where electric motorcycles are making an impact. Motorcycle insurance, charging infrastructure, and motorcycle apparel are essential aspects of the mark

The revenue in the motorcycles market in Thailand was forecast to continuously increase between 2024 and 2029 by in total 1.3 billion U.S. dollars (+13.2 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 11.16 billion U.S. dollars and therefore a new peak in 2029. Find further information concerning the Philippines and Vietnam. The Statista Market Insights cover a broad range of additional markets.

Motorcycle Market Outlook

According to our latest research, the global motorcycle market size stood at USD 128.6 billion in 2024, reflecting robust demand across both developed and emerging economies. The market is expected to expand at a CAGR of 5.1% from 2025 to 2033, reaching an estimated value of USD 201.3 billion by the end of the forecast period. Key growth drivers include urbanization, rising disposable incomes, and the increasing adoption of motorcycles for both personal mobility and commercial applications. Technological advancements, especially in electric propulsion and connectivity, are further bolstering market expansion and transforming the competitive landscape.

One of the primary factors fueling the growth of the motorcycle market is the rapid pace of urbanization, particularly in emerging economies across Asia Pacific and Latin America. As urban centers expand, the need for affordable, efficient, and flexible transportation solutions has become increasingly critical. Motorcycles, with their low operating costs, ease of maneuverability, and ability to navigate congested urban environments, are ideally suited to address these mobility challenges. Additionally, the growing middle-class population in these regions is driving up demand for personal vehicles, with motorcycles often serving as the first step toward vehicle ownership due to their affordability and accessibility.

Technological innovation is another significant growth catalyst for the global motorcycle market. Manufacturers are investing heavily in research and development to enhance performance, safety, and user experience. The integration of advanced features such as anti-lock braking systems (ABS), traction control, ride-by-wire technology, and digital instrument clusters is making motorcycles more attractive to a broader range of consumers. The emergence of electric motorcycles is particularly noteworthy, as governments worldwide implement stricter emission regulations and promote cleaner transportation alternatives. These electric models not only offer environmental benefits but also appeal to a new generation of tech-savvy, eco-conscious riders, further expanding the market's consumer base.

The evolving landscape of motorcycle applications is also shaping market dynamics. While personal use continues to dominate, there is a marked increase in the utilization of motorcycles for commercial purposes, including delivery services, ride-sharing, and fleet operations. The surge in e-commerce and on-demand delivery platforms has created substantial demand for two-wheelers capable of navigating urban environments quickly and efficiently. This trend is especially pronounced in densely populated cities, where motorcycles can significantly reduce delivery times and operational costs. As businesses seek to optimize last-mile delivery and enhance customer satisfaction, the commercial segment of the motorcycle market is poised for sustained growth throughout the forecast period.

Regionally, Asia Pacific remains the undisputed leader in the global motorcycle market, accounting for over 60% of total sales in 2024. The region's dominance is underpinned by high population density, rapid economic development, and a deeply ingrained motorcycle culture in key markets such as India, China, Indonesia, and Vietnam. North America and Europe, while smaller in volume, are witnessing increased demand for high-performance and electric motorcycles, driven by lifestyle preferences and environmental awareness. Meanwhile, Latin America and the Middle East & Africa are emerging as promising markets, supported by improving economic conditions and expanding urban infrastructure. Each region presents unique opportunities and challenges, shaping the overall trajectory of the global motorcycle market.

Type Analysis

The motorcycle market is segmented by type into Standard, Cruiser, Sports, Touring, Adventure, and Others, each catering to distinct consumer preferences and usage patterns. Standard motorcycles, known f

The global universal off-road motorcycles market is projected to expand at a substantial CAGR during the forecast period, 2021 – 2030. The growth of the market is attributed to the simpler and lighter, having long suspension travel, and rugged construction with little bodywork and no fairings for less damage in spills.
Off-road refers to driving on surfaces that are not plane. It includes a range of rough surfaces, which are often created naturally such as gravel, a river, sand, snow, or mud. . Various types of off-road motorcycles, also known as dirt bikes, are specially designed for off-road use. Compared to normal highway road-going motorcycles, off-road bikes have high ground clearance and are equipped with higher gears to provide more torque in off-road situations.

Market Trends, Drivers, Restraints, and Opportunities:

• Increase launches of off-road and adventure activities are expected to fuel the demand for growth during the forecast period.
• Innovations in the automobile industry paves the way for improved and better off-road motorcycles regarding suspension, safety, and comfort. This offers a key driving factor for the market growth.
• The demand for technologically advanced bike is rising owing to the increasing interest from the youth population in off-road motorcycle race, which has driven the growth of market.
• Rising technological innovation in the automobile industry raises the demand for off-road motorcycles, which drives the growth of the market.
• Launches of new and technologically advanced products, investments in automation, and increase in the consumer demand for attractive design are projected to fuel the market growth.
• Government initiatives for promoting vehicles activities in mountain areas act as an opportunity for the growth of the market.
• High cost of the product, uncomfortable seating structure, and absence of connected standards may hinder the market growth.
• All countries are currently focusing on the healthcare sector. Therefore, the production related to the automobile industry has been plummeted. This may pose a challenge that hinders the growth of the market.
• High maintenance cost and less awareness in consumer are projected to restrain the market growth.

Scope of the Report

The report on the global universal off-road motorcycles market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2030
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

The global market for motorcycles and scooters is expected to continue growing over the next six years, driven by increasing demand. Market performance is forecast to expand at a lower rate, with a projected CAGR of +2.5% from 2024 to 2030, reaching a volume of 109M units. In value terms, the market is anticipated to increase at a CAGR of +3.3% during the same period, reaching $156.1B by 2030.

The global number of unit sales in the motorcycles market was forecast to increase between 2024 and 2029 by in total *********** motorcycles (****** percent). This overall increase does not happen continuously, notably not in 2026. After the third consecutive increasing year, the number of unit sales is estimated to reach **** million motorcycles and therefore a new peak in 2029. Find further information concerning the number of unit sales in the motorcycles market in Argentina and the revenue in the motorcycles market in India. The Statista Market Insights cover a broad range of additional markets.