| Product Code: ETC13158023 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global On road Motorcycles Market was valued at USD 120 Billion in 2024 and is expected to reach USD 150 Billion by 2031, growing at a compound annual growth rate of 5.00% during the forecast period (2025-2031).
The global on-road motorcycles market is witnessing steady growth driven by increasing consumer interest in recreational activities, rising disposable incomes, and the growing popularity of motorcycles as a convenient mode of transportation. Key trends shaping the market include the shift towards electric motorcycles due to environmental concerns, advancements in technology leading to improved safety features and performance, and a growing demand for premium and luxury motorcycles. Geographically, Asia Pacific dominates the market due to a large consumer base and increasing urbanization. Key players in the market are focusing on product innovation, expanding their distribution networks, and strategic partnerships to gain a competitive edge. However, challenges such as stringent regulations and safety concerns related to motorcycle riding may hinder market growth in the coming years.
The Global On-road Motorcycles Market is witnessing several trends and opportunities. One key trend is the increasing demand for electric motorcycles due to growing environmental concerns and government incentives for eco-friendly transportation. Another trend is the rising popularity of adventure and touring motorcycles, driven by an increasing number of riders seeking long-distance travel experiences. Additionally, the market is seeing a shift towards customization and personalization, with more riders opting for unique and bespoke motorcycles. Opportunities in the market include the expansion of distribution networks in emerging markets, leveraging e-commerce platforms for sales, and focusing on technological advancements such as connectivity features and safety innovations to attract tech-savvy consumers. Overall, the Global On-road Motorcycles Market presents promising growth prospects for manufacturers willing to adapt to evolving consumer preferences and market dynamics.
The Global On-road Motorcycles Market faces several challenges, including regulatory pressures for stricter emission standards and safety requirements, which can increase production costs for manufacturers. Furthermore, economic uncertainties, fluctuating fuel prices, and changing consumer preferences towards electric vehicles pose a threat to traditional gasoline-powered motorcycles. The market is also impacted by the increasing competition from other modes of transportation, such as ride-sharing services and electric bicycles. Additionally, the ongoing COVID-19 pandemic has disrupted supply chains and manufacturing processes, leading to production delays and inventory shortages. Overall, the Global On-road Motorcycles Market must navigate through these challenges to adapt to changing market dynamics and consumer demands.
The global on-road motorcycles market is primarily driven by factors such as increasing demand for fuel-efficient and cost-effective transportation solutions, growing popularity of recreational biking activities, and rising disposable income levels in emerging economies. Additionally, the convenience and maneuverability offered by motorcycles in navigating through traffic-congested urban areas are also contributing to market growth. Technological advancements such as the integration of advanced safety features, improved engine performance, and the development of electric motorcycles are further propelling the market forward. Moreover, changing consumer preferences towards stylish and high-performance motorcycles, coupled with the expansion of distribution networks by key manufacturers, are expected to drive the market in the coming years.
Government policies related to the Global On-road Motorcycles Market vary across countries and regions. Some common policies include emissions regulations to limit pollution from motorcycles, safety standards to improve rider and passenger safety, and import/export taxes that can impact the cost of motorcycles in different markets. In addition, some governments offer incentives for the adoption of electric motorcycles to promote sustainability and reduce carbon emissions. These policies aim to balance the growth of the on-road motorcycles market with environmental and safety considerations, while also supporting local manufacturing and innovation within the industry. Compliance with these regulations is essential for manufacturers to access markets and ensure the sustainability of their operations in the global marketplace.
The Global On-road Motorcycles Market is expected to witness steady growth in the coming years due to several factors such as increasing disposable income, urbanization, and technological advancements in motorcycle design. The demand for motorcycles as a convenient and cost-effective mode of transportation is expected to drive market growth, especially in developing regions where infrastructure for public transportation is limited. Furthermore, the rising popularity of motorcycles for recreational purposes and leisure activities is also contributing to the market expansion. However, challenges such as stringent regulations regarding emissions and safety standards may impact market growth to some extent. Overall, the market is projected to experience moderate growth with a focus on innovation, sustainability, and meeting evolving consumer preferences.
In the Global On-road Motorcycles Market, Asia holds the largest market share due to the high demand for motorbikes in countries like India, China, and Southeast Asian nations. The region benefits from a large population, rapid urbanization, and increasing disposable incomes. North America and Europe have mature markets with a focus on premium and high-performance motorcycles, driven by a strong culture of biking and recreational riding. The Middle East and Africa region is witnessing steady growth, supported by improving infrastructure and rising interest in motorcycling as a recreational activity. Latin America has a growing market, influenced by a strong passion for motorcycling and a trend towards using motorcycles as a cost-effective mode of transportation in urban areas.
Global On road Motorcycles Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global On road Motorcycles Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global On road Motorcycles Market Revenues & Volume, 2021 & 2031F |
3.3 Global On road Motorcycles Market - Industry Life Cycle |
3.4 Global On road Motorcycles Market - Porter's Five Forces |
3.5 Global On road Motorcycles Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global On road Motorcycles Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Global On road Motorcycles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global On road Motorcycles Market Trends |
6 Global On road Motorcycles Market, 2021 - 2031 |
6.1 Global On road Motorcycles Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global On road Motorcycles Market, Revenues & Volume, By Sports Bikes, 2021 - 2031 |
6.1.3 Global On road Motorcycles Market, Revenues & Volume, By Cruiser Motorcycles, 2021 - 2031 |
6.1.4 Global On road Motorcycles Market, Revenues & Volume, By Touring Motorcycles, 2021 - 2031 |
6.1.5 Global On road Motorcycles Market, Revenues & Volume, By Standard Motorcycles, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.3.1 Overview & Analysis |
7 North America On road Motorcycles Market, Overview & Analysis |
7.1 North America On road Motorcycles Market Revenues & Volume, 2021 - 2031 |
7.2 North America On road Motorcycles Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
7.3 North America On road Motorcycles Market, Revenues & Volume, By Type, 2021 - 2031 |
8 Latin America (LATAM) On road Motorcycles Market, Overview & Analysis |
8.1 Latin America (LATAM) On road Motorcycles Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) On road Motorcycles Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) On road Motorcycles Market, Revenues & Volume, By Type, 2021 - 2031 |
9 Asia On road Motorcycles Market, Overview & Analysis |
9.1 Asia On road Motorcycles Market Revenues & Volume, 2021 - 2031 |
9.2 Asia On road Motorcycles Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia On road Motorcycles Market, Revenues & Volume, By Type, 2021 - 2031 |
10 Africa On road Motorcycles Market, Overview & Analysis |
10.1 Africa On road Motorcycles Market Revenues & Volume, 2021 - 2031 |
10.2 Africa On road Motorcycles Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa On road Motorcycles Market, Revenues & Volume, By Type, 2021 - 2031 |
11 Europe On road Motorcycles Market, Overview & Analysis |
11.1 Europe On road Motorcycles Market Revenues & Volume, 2021 - 2031 |
11.2 Europe On road Motorcycles Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe On road Motorcycles Market, Revenues & Volume, By Type, 2021 - 2031 |
12 Middle East On road Motorcycles Market, Overview & Analysis |
12.1 Middle East On road Motorcycles Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East On road Motorcycles Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey On road Motorcycles Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East On road Motorcycles Market, Revenues & Volume, By Type, 2021 - 2031 |
13 Global On road Motorcycles Market Key Performance Indicators |
14 Global On road Motorcycles Market - Export/Import By Countries Assessment |
15 Global On road Motorcycles Market - Opportunity Assessment |
15.1 Global On road Motorcycles Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global On road Motorcycles Market Opportunity Assessment, By Type, 2021 & 2031F |
16 Global On road Motorcycles Market - Competitive Landscape |
16.1 Global On road Motorcycles Market Revenue Share, By Companies, 2024 |
16.2 Global On road Motorcycles Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |