Motorcycles, Scooters and Mopeds Market: The Key To Successful Business Strategy Forecast Till 2031

The "Motorcycles, Scooters and Mopeds Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Motorcycles, Scooters and Mopeds market is expected to grow annually by 9.4% (CAGR 2024 - 2031).

This entire report is of 163 pages.

Motorcycles, Scooters and Mopeds Introduction and its Market Analysis

The Motorcycles, Scooters, and Mopeds market research report covers market conditions for these vehicles, which are popular modes of transportation globally. The target market includes individuals looking for efficient and affordable transportation options. Major factors driving revenue growth in this market include rising fuel prices, increasing urbanization, and a growing trend towards eco-friendly transportation. Key companies operating in this market include Honda, Hero MotoCorp, and Yamaha. The report highlights the increasing competition and innovation in the industry. The main findings suggest a growing demand for electric motorcycles and scooters, as well as a shift towards more advanced technological features. Recommendations include focusing on product development and expansion into emerging markets.

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The Motorcycles, Scooters, and Mopeds market is divided into five segments based on engine capacity: Below 100 cc, 101-125 cc, 126-150 cc, 151-250 cc, and Above 250 cc. Each segment caters to different consumer preferences and needs. The market is heavily influenced by regulatory and legal factors, with safety regulations, emission standards, and licensing requirements playing a significant role in shaping market conditions.

Manufacturers in the industry must constantly navigate changing regulations and standards to ensure compliance and meet consumer demand. Additionally, factors such as import tariffs, trade agreements, and government subsidies can impact the market dynamics. As consumer preferences shift towards more fuel-efficient and eco-friendly options, manufacturers must adapt their product offerings to meet these changing demands.

Overall, the Motorcycles, Scooters, and Mopeds market is a dynamic and competitive industry that is influenced by a wide range of regulatory and legal factors. Manufacturers must stay updated on the latest developments in order to remain competitive and successful in this fast-paced market.

Top Featured Companies Dominating the Global Motorcycles, Scooters and Mopeds Market

The global motorcycles, scooters, and mopeds market is highly competitive with key players such as Honda, Hero MotoCorp, Bajaj Auto, TVS Motor, Yamaha, Suzuki, Haojue, Loncin Holding, Lifan Industry, Luoyang Northern Enterprises Group, Guangzhou DaYun Motorcycle, Zongshen Industrial Group, Chongqing Yinxiang Motorcycle, Wuyang-Honda Motors, JINYI MOTOR, Sundiro Honda Motorcycle, Qianjiang Group, Piaggio, Kwang Yang (Kymco), and Kawasaki.

These companies offer a wide range of motorcycles, scooters, and mopeds catering to various customer segments. They constantly innovate and invest in research and development to bring new models with advanced features and technologies to the market. These companies also focus on expanding their presence in emerging markets to capture new customers.

Honda, Hero MotoCorp, Bajaj Auto, and TVS Motor are some of the leading players in the market, with significant sales revenue. For example, Honda reported sales revenue of $150 billion in 2020, Hero MotoCorp had a revenue of $ billion, while Bajaj Auto and TVS Motor had revenues of $3.7 billion and $2 billion respectively.

These companies play a crucial role in driving the growth of the motorcycles, scooters, and mopeds market by offering a diverse product portfolio, expanding distribution networks, and providing excellent customer service. They also focus on improving their production capabilities to meet the increasing demand for two-wheelers worldwide. Overall, these companies continue to drive innovation and competitiveness in the market, contributing to its overall growth and development.

• Honda
• Hero MotoCorp
• Bajaj Auto
• TVS Motor
• Yamaha
• Suzuki
• Haojue
• Loncin Holding
• Lifan Industry
• Luoyang Northern Enterprises Group
• Guangzhou DaYun Motorcycle
• Zongshen Industrial Group
• Chongqing Yinxiang Motorcycle
• Wuyang-Honda Motors
• JINYI MOTOR
• Sundiro Honda Motorcycle
• Qianjiang Group
• Piaggio
• Kwang Yang (Kymco)
• Kawasaki

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Motorcycles, Scooters and Mopeds Market Analysis, by Type:

• Motorcycles
• Scooters
• Mopeds

Motorcycles are two-wheeled motor vehicles with powerful engines, varying in size and style. Scooters are smaller and more fuel-efficient than motorcycles, with a step-through frame and automatic transmission. Mopeds are lightweight motorized bicycles with pedals for assistance. These types cater to different needs and preferences, attracting a diverse range of consumers. This variety in options helps boost the demand for motorcycles, scooters, and mopeds in the market as they appeal to a broader audience looking for different levels of power, style, and convenience. Additionally, their affordability and efficiency make them popular choices for urban commuting and recreational use.

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Motorcycles, Scooters and Mopeds Market Analysis, by Application:

• Below 100 cc
• 101-125 cc
• 126-150 cc
• 151-250 cc
• Above 250 cc

Motorcycles, scooters, and mopeds are used for various applications based on their engine capacity. Below 100 cc models are mainly used for commuting within city limits. 101-125 cc bikes are suitable for short trips and daily commuting. 126-150 cc motorcycles are preferred by individuals looking for a blend of power and efficiency. 151-250 cc bikes are used for long-distance touring and adventure rides. Above 250 cc models are mostly used for racing and high-speed cruising. Among these, the fastest-growing application segment in terms of revenue is the 151-250 cc category, driven by the increasing popularity of adventure touring and leisure biking.

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Motorcycles, Scooters and Mopeds Industry Growth Analysis, by Geography:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Motorcycles, Scooters and Mopeds market is expected to witness significant growth in various regions. North America, led by the United States and Canada, is expected to dominate the market with a market share of around 30%. In Europe, countries like Germany, France, the UK, Italy, and Russia are expected to contribute significantly to the market, with a market share of around 25%. The Asia-Pacific region, including China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia, is also expected to see substantial growth, with a market share of approximately 35%. Latin America and Middle East & Africa regions are also expected to experience growth in the market.

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