Global Premium Motorcycles Market Analysis: By Premium Motorcycle Type, By Engine Capacity, Based On Geography with COVID-19 impact | Forecast Period 2017-2030

Market Overview

The global motorcycle industry is very unpredictable and a highly competitive market. Since the emergence of custom motorcycle shops and new market players, major market players had to face aggressive competition in their domestic markets and internationally. Major brands such as Harley-Davidson, Honda, and BMW have dominated motorcycle sales across the globe for years. Moreover, a niche market for premium motorcycles is becoming popular in emerging countries such as India, China Russia and Brazil among others. With bike enthusiasts looking for tempting rush of adrenaline. Even high price tag of these roaring machines is not discouraging them from becoming honored owners of these luxurious bikes.

In recent years the largest market for premium motorcycles such as the U.S and Europe have witnessed a gradual decline in sales owing to reducing the number of bike enthusiasts in the region. However, market leaders are aggressively pouring investment over new designs to attract new consumer base in order to gain market share. Further, the premium motorcycles industry is likely to expand at a CAGR of +25% over the forecast period i.e.2017-2030. The industry has been driven by robust growth in the emerging countries and rising consciousness of brands in these countries.

Premium Motorcycles Market Segmentation

By Premium Motorcycle Type

• Street
  • Standard
  • Cruiser
  • Sport Bikes
  • Touring
• Off-Road Bikes

By Engine Capacity

• 250cc to 500cc
• 500cc to 800 cc
• 800cc to 1600cc
• >1600cc

Based On Geography

• North America (US, Canada) {Market Share (%), Market Size (USD Billion)} Premium Motorcycles Market
• Europe (UK, France, Italy, Germany, Spain, Sweden, Russia, Netherlands, Norway and Rest of Europe) {Market Share (%), Market Size (USD Billion)} Premium Motorcycles Market
• The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion)} Premium Motorcycles Market
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)} Premium Motorcycles Market
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)} Premium Motorcycles Market

Market Share by Motorcycle Type & by Region

Based on motorcycle type street bikes acquired the largest market share in Global premium motorcycles market. Moreover, sports bike segment is likely to be the fastest growing segment over the forecast period, which is likely to grow at a CAGR of +30% over the forecast period.

Based on geography, North America accounted for the largest market share of 30% in global premium motorcycles market where Harley-Davidson is the number one motorcycle manufacturer in the United States. On the other hand, Asia Pacific region is the largest market for two-wheelers across the globe and the premium motorcycles market in the region is likely to be the fastest growing segment and the market is likely to expand at a CAGR of +32% during the forecast period.

Covered In this Global Premium Motorcycles Industry Report

The report covers the present ground scenario and the future growth prospects of the premium motorcycles for 2017-2030 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major countries. Global premium motorcycles market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

Global Premium Motorcycles Market Outlook 2017-2030, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global premium motorcycles industry space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Premium Motorcycles Industry Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

COVID-19 impact on "Global Premium Motorcycles Industry"

The report analyses and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Premium Motorcycles Industry" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.

Key Market Players

Our Global Premium Motorcycles Industry Report comprises of the following companies as the key players.

•  Harley Davidson
•  Triumph Motorcycles
•  Global Kawasaki Motors
•  DSK Hyosung Limited
•  Suzuki
•  Polaris
•  BMW
•  Ducati
•  DSK Benelli Global
•  Yamaha Motor Company Limited
•  Honda Motor Company Ltd.
•  MV Agusta

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this research report

• What is the total market size by 2030 and what would be the expected growth rate of the market?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry-level players?
• What are the recent developments and business strategy of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for the automotive aftermarket industry
• Develop strategies based on the latest regulatory framework
• Position yourself to gain the maximum advantage of the premium motorcycles growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy and prospects