Market Overview:
The global adventure touring motorcycle market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for adventure touring motorcycles from emerging economies and the growing popularity of long-distance motorcycle touring. On the basis of type, the global adventure touring motorcycle market has been segmented into 500cc-1,000cc and above 1,000cc segments. The 500cc-1,000cc segment is expected to account for a major share of the global market during the forecast period owing to its affordable price point as compared to above 1,000 cc motorcycles. However, above 1,000 cc motorcycles are anticipated to witness higher growth rates owing their ability to cover longer distances with ease and comfort. On the basis of application, off-road applications are expected dominate over other applications duringthe forecast period due high demand from enthusiasts who seek thrill and excitement while riding on unpaved terrains or trails.
Product Definition:
Adventure Touring Motorcycles are specially designed motorcycles that are meant for long-distance travel and off-road riding. They typically have large fuel tanks, comfortable seats, and plenty of cargo space. Adventure Touring Motorcycles are important because they allow riders to explore remote areas that would be inaccessible on a regular motorcycle.
500cc-1,000cc:
500cc-1,000cc is a size class of adventure-touring motorcycles that are designed to take on long distances with the capability to carry maximum amount of fuel. The growth factor in this market is driven by increasing number of people traveling around the world and backpacking on two wheels.
The global 500cc-1,000cc motorcycle market was valued at USD 4.5 billion in 2016.
Above 1,000cc:
The Above 1,000cc segment is expected to grow at a significant rate owing to the increasing demand for adventure-touring motorcycles. The growing trend of long distance travel has increased the demand for larger displacement engines in ATMs.
Growing middle class population along with rising disposable income is fueling growth prospects of motorcycling as a recreational activity and also as a means of personal transportation.
Application Insights:
The other application segment includes on-road and off-road. The off-road segment held the largest share of over 70.0% in 2017 owing to the increasing demand for adventure bikes for dirt biking, which has been a growing trend among young people in developed countries such as U.S., Canada, U.K., Germany and France due to easy availability of high performance products with low maintenance costs and advanced technologies at affordable prices coupled with easy access to riding schools that offer group lessons at an affordable cost which is expected to drive the market growth over the forecast period.
The street segment is expected to exhibit significant growth during the forecast period owing to rising awareness regarding responsible riding behavior among riders who have been influenced by hip hop culture along with initiatives taken by governments across various regions including North America, Europe, Asia Pacific.
Regional Analysis:
Asia Pacific dominated the global adventure touring motorcycle market in 2017. The region is expected to continue its dominance over the next eight years owing to increasing product penetration and rising disposable income of consumers. Furthermore, favorable government regulations are also anticipated to boost sales of ATMs in this region. For instance, In India, Royal Enfield has been given a status of a national heritage brand by the Government of India and is registered under Geographical Indication (GI) Act 2004.
Europe was estimated at USD X billion in 2017 as compared to Asia Pacific’s share which was around 60% that year owing high demand for off-roaders among other reasons such as better traction on snow/rainy roads or sand dunes etc.
Growth Factors:
- Increasing disposable income of the middle-class population in developing countries is expected to drive the demand for adventure touring motorcycles over the forecast period.
- Growing popularity of outdoor activities, such as camping, hiking, and biking is also anticipated to fuel the growth of this market.
- Rising number of motorcyclists across the globe is another key factor that is expected to boost demand for adventure touring motorcycles in coming years.
- Technological advancements in motorcycle manufacturing are likely to provide new opportunities for players operating in this market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Adventure Touring Motorcycle Market Research Report
By Type
500cc-1,000cc, Above 1,000cc
By Application
Off-Road, Street, Other
By Companies
BMW Group, Honda Motor Company, KTM, Yamaha, Aprilia, Benelli Q.J., Ducati Motor Holding, Kawasaki Motors Corp, Suzuki Motor, Triumph Motorcycles
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Adventure Touring Motorcycle Market Report Segments:
The global Adventure Touring Motorcycle market is segmented on the basis of:
Types
500cc-1,000cc, Above 1,000cc
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Off-Road, Street, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BMW Group
- Honda Motor Company
- KTM
- Yamaha
- Aprilia
- Benelli Q.J.
- Ducati Motor Holding
- Kawasaki Motors Corp
- Suzuki Motor
- Triumph Motorcycles
Highlights of The Adventure Touring Motorcycle Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 500cc-1,000cc
- Above 1,000cc
- By Application:
- Off-Road
- Street
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Adventure Touring Motorcycle Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Adventure touring motorcycle is a type of motorcycle that is designed for long-distance travel. These motorcycles are typically equipped with features such as comfortable seats, luggage racks, and windscreens to make the ride more enjoyable.
Some of the major companies in the adventure touring motorcycle market are BMW Group, Honda Motor Company, KTM, Yamaha, Aprilia, Benelli Q.J., Ducati Motor Holding, Kawasaki Motors Corp, Suzuki Motor, Triumph Motorcycles.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Adventure Touring Motorcycle Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Adventure Touring Motorcycle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Adventure Touring Motorcycle Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Adventure Touring Motorcycle Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Adventure Touring Motorcycle Market Size & Forecast, 2018-2028
4.5.1 Adventure Touring Motorcycle Market Size and Y-o-Y Growth
4.5.2 Adventure Touring Motorcycle Market Absolute $ Opportunity
Chapter 5 Global Adventure Touring Motorcycle Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Adventure Touring Motorcycle Market Size Forecast by Type
5.2.1 500cc-1
5.2.2 000cc
5.2.3 Above 1
5.2.4 000cc
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Adventure Touring Motorcycle Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Adventure Touring Motorcycle Market Size Forecast by Applications
6.2.1 Off-Road
6.2.2 Street
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Adventure Touring Motorcycle Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Adventure Touring Motorcycle Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Adventure Touring Motorcycle Analysis and Forecast
9.1 Introduction
9.2 North America Adventure Touring Motorcycle Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Adventure Touring Motorcycle Market Size Forecast by Type
9.6.1 500cc-1
9.6.2 000cc
9.6.3 Above 1
9.6.4 000cc
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Adventure Touring Motorcycle Market Size Forecast by Applications
9.10.1 Off-Road
9.10.2 Street
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Adventure Touring Motorcycle Analysis and Forecast
10.1 Introduction
10.2 Europe Adventure Touring Motorcycle Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Adventure Touring Motorcycle Market Size Forecast by Type
10.6.1 500cc-1
10.6.2 000cc
10.6.3 Above 1
10.6.4 000cc
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Adventure Touring Motorcycle Market Size Forecast by Applications
10.10.1 Off-Road
10.10.2 Street
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Adventure Touring Motorcycle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Adventure Touring Motorcycle Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Adventure Touring Motorcycle Market Size Forecast by Type
11.6.1 500cc-1
11.6.2 000cc
11.6.3 Above 1
11.6.4 000cc
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Adventure Touring Motorcycle Market Size Forecast by Applications
11.10.1 Off-Road
11.10.2 Street
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Adventure Touring Motorcycle Analysis and Forecast
12.1 Introduction
12.2 Latin America Adventure Touring Motorcycle Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Adventure Touring Motorcycle Market Size Forecast by Type
12.6.1 500cc-1
12.6.2 000cc
12.6.3 Above 1
12.6.4 000cc
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Adventure Touring Motorcycle Market Size Forecast by Applications
12.10.1 Off-Road
12.10.2 Street
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Adventure Touring Motorcycle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Adventure Touring Motorcycle Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Adventure Touring Motorcycle Market Size Forecast by Type
13.6.1 500cc-1
13.6.2 000cc
13.6.3 Above 1
13.6.4 000cc
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Adventure Touring Motorcycle Market Size Forecast by Applications
13.10.1 Off-Road
13.10.2 Street
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Adventure Touring Motorcycle Market: Competitive Dashboard
14.2 Global Adventure Touring Motorcycle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BMW Group
14.3.2 Honda Motor Company
14.3.3 KTM
14.3.4 Yamaha
14.3.5 Aprilia
14.3.6 Benelli Q.J.
14.3.7 Ducati Motor Holding
14.3.8 Kawasaki Motors Corp
14.3.9 Suzuki Motor
14.3.10 Triumph Motorcycles
