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Insights into the Motorcycles, Scooters and Mopeds Market size which is expanding with a 14.8% CAGR from 2024 - 2031

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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 14.8% (CAGR 2024 - 2031).

This entire report is of 155 pages.

Motorcycles, Scooters and Mopeds Introduction and its Market Analysis

The Motorcycles, Scooters and Mopeds market research report provides insights into the current market conditions of the industry. It covers a range of motorized two-wheelers that are popular for personal transportation. The target market includes urban commuters, young adults, and motorcycle enthusiasts. The major factors driving revenue growth are increasing disposable incomes, improving infrastructure, and a growing trend towards eco-friendly transportation options. The market analysis includes key players like Honda, Hero MotoCorp, Bajaj Auto, Yamaha, and Suzuki, who are dominating the market. The report's main findings highlight the increasing demand for electric motorcycles and scooters, along with recommendations for companies to focus on innovation and sustainability to stay competitive in the market.

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The motorcyles, scooters and mopeds market is a thriving industry with a wide range of products catering to different segments. From below 100 cc to above 250 cc, there is a motorcycle, scooter or moped for every type of rider.

Regulatory and legal factors play a significant role in this market, with strict rules governing emissions, safety standards, and licensing requirements varying from region to region. For example, in some countries, riders may need a specific license to operate a motorcycle above a certain engine size. Additionally, there may be restrictions on the types of modifications that can be made to vehicles.

Overall, the motorcycles, scooters and mopeds market is a dynamic and competitive industry that continues to evolve to meet the changing needs and demands of consumers. With a focus on innovation, safety, and compliance with regulatory standards, manufacturers are able to stay ahead of the curve and provide high-quality products for riders of all levels of experience.

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

The motorcycles, scooters, and mopeds market is highly competitive, with several key players dominating the industry. Companies 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 are some of the major players in the market.

These companies offer a wide range of motorcycles, scooters, and mopeds to cater to different customer segments. They innovate and introduce new models regularly to stay competitive in the market. Companies like Honda, Yamaha, and Suzuki are known for their high-quality and reliable motorcycles, while Bajaj Auto and TVS Motor are popular for their affordable and fuel-efficient scooters.

These companies help to grow the motorcycles, scooters, and mopeds market by expanding their product offerings, entering new markets, and investing in marketing and promotional activities. They also focus on improving their distribution networks and after-sales services to enhance customer satisfaction and loyalty.

In terms of sales revenue, Honda is one of the leading companies in the motorcycles, scooters, and mopeds market, with a reported revenue of over $22 billion in 2020. Hero MotoCorp, Bajaj Auto, and TVS Motor also have significant sales revenue, with each company reporting revenues of over $4 billion in 2020. Yamaha, Suzuki, and Kawasaki are also major players in the market with substantial sales revenue in the motorcycles, scooters, and mopeds segment.

  • 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 vehicles with larger engines and higher speeds, catering to riders looking for power and performance. Scooters are smaller, lighter two-wheelers with automatic transmissions, ideal for urban commuting and short trips. Mopeds, on the other hand, are even smaller with limited engine power and require minimal licensing. The variety of options provided by motorcycles, scooters, and mopeds cater to a wide range of consumer preferences, increasing the overall demand in the market. Whether it's for speed, convenience, or cost-effectiveness, these types of vehicles offer unique benefits that help boost the overall market for two-wheeled transportation.

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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 popular modes of transportation in urban areas due to their affordability and convenience. Motorcycles below 100 cc are commonly used for short commutes, while those between 101-125 cc are preferred for slightly longer distances. Models ranging from 126-150 cc are suitable for city and highway travel, while the 151-250 cc category is ideal for longer trips and touring. Motorcycles above 250 cc are typically used for performance and sport riding. Among all segments, the fastest growing application in terms of revenue is the 126-150 cc category, due to the increasing demand for mid-size bikes with better features and performance.

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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 experience significant growth in various regions across the globe. In North America, the United States and Canada are anticipated to dominate the market, with a combined market share of around 45%. In Europe, Germany, France, the ., Italy, and Russia are expected to hold a market share of approximately 30%. Asia-Pacific, specifically China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia, is projected to have a market share of around 20%. Latin America (Mexico, Brazil, Argentina, Colombia) and the Middle East & Africa (Turkey, Saudi Arabia, UAE, Korea) are also expected to contribute to the market growth, with a combined market share of 5%.

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