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Dublin, Oct. 25, 2022 (GLOBE NEWSWIRE) — The Global Motorcycle and Bicycle Market Report 2022 has been added to ResearchAndMarkets. com’s offering. motorcycle and bicycle market as it emerges from COVID-19 lockdown.
The global motorcycle and bicycle market is expected to grow from $67. 03 billion in 2021 to $72. 99 billion in 2022 at a compound annual expansion rate (CAGR) of 8. 9%. The market is expected to reach $98. 95 billion by 2026 at a compound annual expansion rate (CAGR) of 7. 9%.
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The major corporations in the motorcycle, bicycle and portion market are Honda Motor Co Ltd, Hero MotoCorp Ltd, Harley-Davidson Inc. , TVS Motor Company Limited, Suzuki Motor Corp, Bajaj Auto Ltd, Bayerische Motoren Werke AG, Kawasaki Heavy Industries Array Accell Group N. V. and Toyota Tsusho. The market for motorcycles, bicycles and lots placeplaceplaceplaceplaceplaceplacecomprises the sale of motorcycles, bicycles, lots and the like through entities (organizations, independent industries and companies) that produce motorcycles, scooters, tricycles and similar products Array devices and lots. The main types in the motorcycles, bicycles and parts market are motorcycles and parts, bicycles and parts, scooters, other motorcycles and bicycles. The scooter is intended as a step-through frame and rider foot platform with an emphasis on comfort and fuel economy. The other distribution channels come with independent retailers, online sales. These are used in OEM and aftermarketplaceplaceplaceplaceplaceplace. Asia Pacific was the largest region in the motorcycle and bicycle marketplaceplaceplaceplaceplaceplace in 2021. Western Europe was the largest region of the moment in the motorcycle and bicycle marketplaceplaceplaceplaceplaceplace. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Technological advancements are expected to be an uninterrupted driving force of the market expansion, place, place, place, place, place during the forecast period. The global motorcycle and bicycle production industry has seen many technological advances over the last decade and this trend is expected to intensify. According to Forbes, the top ten new features expected in cars in 2020 include autonomous driving, power override systems, biometric vehicle access, comprehensive vehicle tracking, active window displays, remote shutdown cars, active monitoring of fitness, intelligent four-cylinder engines. and custom supercars. Automotive marketplaceplaceplaceplaceplaceplacement and reconfigurable frame panels. These inventions are expected to drive the motorcycle and bicycle market during the forecast period. The coronavirus disease (COVID-19) outbreak acted as a major restraint on the motorcycle and bicycle market in 2020 as supply chains were disrupted due to industry restrictions and intake decreased due to lockdowns. imposed by governments around the world. COVID-19 is an infectious disease with flu-like symptoms, plus fever, cough, and shortness of breath. The virus was first reported in 2019 in Wuhan, Hubei province in the People’s Republic of China, and has spread across the world, adding Western Europe, North America and Asia.
Transportation brands are highly dependent on the origin of the portions and factors from other countries in the world. As many governments limited the movement of goods between countries, brands had to stop production due to lack of portions and factors. Additionally, new car sales have particularly declined due to a drop in customer calling as many countries impose lockdowns. The outbreak continued to affect businesses in 2020 and into 2021. However, the motorcycle and bicycle market is expected to recover from the surprise during the forecast era as it is a “black swan event and not similar to persistent or basic weaknesses in the market or worldwide”. economy. Bicycle brands are investing more and more in making electric motorcycles that are powered by rechargeable batteries. These electric motorcycles are an economical and environmentally friendly mode of transportation and can also be used for recreational bike trips, grocery shopping, and errands. Major players are also investing in new electric motorcycles with web and GPS functionality. For example, in 2019, Hero Cycles, a manufacturer of bicycles and bicycle-like products, in partnership with the Yamaha Motor Company introduced their electric bicycle called the Lectro EHX20. Likewise, the American bicycle manufacturer Bulls presented 3 light electric bicycles in 2020. The countries covered by the motorcycles, bicycles and portions market are Argentina, Australia, Austria, Belgium, BrazilArray Canada, Chile, China, Colombia, Czech Republic. Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela, and Vietnam. Main topics discussed: 1. Executive summary2. Structure of the report3. Characteristics of the motorcycle and bicycle market placeplaceplaceplaceplaceplaceplaceplace3. 1. Market definition 3. 2. key segments 4. Analysis of motorcycle and bicycle market products4. 1. Main products/services4. 2. Key features and differentiators 4. 3. Development products5. Supply chain of the motorcycle and bicycle market5. 1. Supply chain5. 2. Distribution5. 3. Final visitors 6. Motorcycle and bicycles MarketplaceplaceplacePlaceplaceplaceplaceplacePlace Visitor information6. 1. Customer preferences 6. 2. End use marketplaceplaceplaceplaceplaceplaceplaceplaceplacelength and expansion7. Marketplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplaceplacetrends and strategies8. Impact of COVID-19 on motorcycling and cycling9. Size and expansion of the motorcycle and bicycle marketplaceplaceplaceplaceplaceplaceplace9. 1. Market length9. 2. Historical marketplaceplaceplaceplaceplaceplaceplaceplaceexpansion, price (in billions of dollars)9. 2. 1. Market drivers 9. 2. 2. Market restrictions 9. 3. Market growth forecast, value (billions of USD) 9. 3. 1. Market drivers 9. 3. 2. Market restrictions10. Regional Analysis of the Motorcycle and Bicycle Market 10. 1. World motorcycle and bicycle marketplaceplaceplaceplaceplaceplaceplace, 2021, by region, price (billions of USD) 10. 2. Global Motorcycle and Bicycle Market, 2016-2021, 2021-2026F, 2031F, Historic and Forecast, via Region10. 3. Global Motorcycle and Bicycle Market, Growth and Market Share Comparison, via Region11. Motorcycle and bicycle marketplaceplaceplaceplaceplaceplaceplaceplace segmentation 11. 1. Global Motorcycle and Bicycle Market, Segmentation by Type, History and Forecast, 2016-2021, 2021-2026F, 2031F, Billion USD
Motorcycles and spare parts
Bicycles and spare parts
Motor scooters
Other and bicycle
11. 2 Global Motorcycle and Bicycle Market, Segmentation by Propulsion Type, History and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion
Internal combustion engine (ICE)
Electrical
11. 3 Global Motorcycle and Bicycle Market, Segmentation Through Distribution Channel, History and Forecast, 2016-2021, 2021-2026F, 2031F, USD Billion
Independent retailers
Online Sales
12. Measures of the motorcycle and bicycle market12. 1. Motorcycle and bicycle market size, of GDP, 2016-2026, Global12. 2. Average consistent with capita expenditure on motorcycles and bicycles, 2016-2026, world
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