Market Overview:
The global conventional motorcycles and scooters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing disposable income, growing urban population, and rising demand for two-wheelers in developing countries. The global conventional motorcycles and scooters market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into standard motorcycles & scooters, cruiser motorcycles & scooters, mopeds/scooty bikes/lightweight vehicles (LWV), sports motorcycles & scooters, and others (including electric vehicles). On the basis of application, the market is segmented into commercial use (including goods transportation), household use (including personal transportation), and others (including tourism). The regional segments include North America; Latin America; Europe; Asia Pacific; Middle East & Africa.
Product Definition:
A motorcycle or scooter is a two- or three-wheeled motor vehicle. Motorcycles are typically more powerful and faster than scooters. Scooters are generally smaller, lighter, and more maneuverable than motorcycles but have less power. Motorcycles and scooters are used for transportation in many parts of the world.
Standard:
The global standard is a system of dimensional requirements, performance levels and safety standards for motorcycles and scooters. The global market size spans the product range from small-capacity engines to over 600cc engines with various power output levels. The growth in this industry can be attributed to factors such as rising disposable income, population expansion along with increasing demand for personal mobility devices.
Cruiser:
A cruiser is a style of motorcycle that was first popular in the 1950s and 1960s. It has since evolved into a lifestyle, which encompasses comfort as well as performance. Cruising on two wheels has become an integral part of youth culture all over the world. The growing trend among youngsters to opt for unconventional vehicles instead of cars is one of the major factors driving this market’s growth.
Application Insights:
The commercial application segment dominated the global conventional motorcycles and scooters market, accounting for a share of 59.4% in 2017. The growth can be attributed to the increasing demand from end-use industries such as construction, automotive and logistics among others. Conventional motorbikes are widely used by delivery boys/girls in various cities including Mumbai, Bengaluru, Chennai among others due to their low cost and easy handling compared to electric bikes or dirt bikes which is otherwise known as off-roaders in several countries around the world including India.
Household application accounted for a share of 40% of total market volume in 2017 owing to rising disposable income levels coupled with growing urbanization trends across several developing & developed economies worldwide has been fueling demand for standard type conventional motorcycles.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, most notably China, which collectively account for around 80% of production capacity globally. In addition, Asia Pacific is home to two-thirds of the population living below the poverty line and more than 60% of people employed in agriculture sector. These factors are anticipated to contribute toward high demand for convenient motorized transport solutions among consumers across rural areas as well as urban centers alike.
Europe accounted for over 20% share in terms of revenue in 2017 owing to growing popularity scooters and mopeds among young riders seeking affordable modes off transportation that offers fun at reasonable prices. Moreover, increasing focus on environment friendliness by various governments coupled with rising disposable income especially among millennials will drive product adoption across countries such as Germany, France Italy Russia Spain Ucraina Poland etc.
Growth Factors:
- Increasing disposable income of consumers: The growth in the conventional motorcycles and scooters market is mainly attributed to the increase in disposable income of consumers. With the rise in per capita income, there is a shift in consumer preference towards two-wheelers that offer better performance and fuel efficiency.
- Growing demand for personal transportation: The increasing population and rapid urbanization has led to an increase in the demand for personal transportation, which is further fueling the growth of the conventional motorcycles and scooters market.
- Rising popularity of adventure tourism: There has been a surge in Adventure Tourism over recent years, with people seeking new experiences away from their everyday lives. This is contributing to higher sales of conventional motorcycles and scooters as they are well suited for off-road rides and provide good mileage on long journeys.
- Technological advancements: Conventional motorcycle manufacturers are constantly investing in research & development to bring out new models that are equipped with advanced features such as ABS (Anti-lock Braking System), traction control, etc., which are attracting buyers across different age groups.. 5) Government initiatives supporting electric vehicles: Governments around the world have been taking initiatives to promote electric vehicles (EVs) by providing subsidies, tax benefits, etc., which is resulting in an increased adoption rate of EVs globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Conventional Motorcycles and Scooters Market Research Report
By Type
Standard, Cruiser, Mopeds, Sports, Others
By Application
Commercial, Household, Others
By Companies
Yamaha, Piaggio & C, Suzuki, Honda, Hero, Eicher, Harley-Davidson, Bajaj, TVS, Lifan, Yamaha
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Conventional Motorcycles and Scooters Market Report Segments:
The global Conventional Motorcycles and Scooters market is segmented on the basis of:
Types
Standard, Cruiser, Mopeds, Sports, Others
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
Commercial, Household, Others
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:
- Yamaha
- Piaggio & C
- Suzuki
- Honda
- Hero
- Eicher
- Harley-Davidson
- Bajaj
- TVS
- Lifan
- Yamaha
Highlights of The Conventional Motorcycles and Scooters 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:
- Standard
- Cruiser
- Mopeds
- Sports
- Others
- By Application:
- Commercial
- Household
- Others
- 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 Conventional Motorcycles and Scooters 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
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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?
Conventional motorcycles and scooters are two-wheeled vehicles that typically have a engine with between 50cc and 500cc displacement. They typically have a top speed of around 30mph, and can be ridden on public roads.
Some of the major players in the conventional motorcycles and scooters market are Yamaha, Piaggio & C, Suzuki, Honda, Hero, Eicher, Harley-Davidson, Bajaj, TVS, Lifan, Yamaha.
The conventional motorcycles and scooters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Conventional Motorcycles and Scooters 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 Conventional Motorcycles and Scooters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Conventional Motorcycles and Scooters 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 Conventional Motorcycles and Scooters 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 Conventional Motorcycles and Scooters Market Size & Forecast, 2020-2028
4.5.1 Conventional Motorcycles and Scooters Market Size and Y-o-Y Growth
4.5.2 Conventional Motorcycles and Scooters Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Standard
5.2.2 Cruiser
5.2.3 Mopeds
5.2.4 Sports
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Household
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Conventional Motorcycles and Scooters 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 Conventional Motorcycles and Scooters 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Standard
9.6.2 Cruiser
9.6.3 Mopeds
9.6.4 Sports
9.6.5 Others
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 Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Household
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Standard
10.6.2 Cruiser
10.6.3 Mopeds
10.6.4 Sports
10.6.5 Others
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 Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Household
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Standard
11.6.2 Cruiser
11.6.3 Mopeds
11.6.4 Sports
11.6.5 Others
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 Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Household
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Standard
12.6.2 Cruiser
12.6.3 Mopeds
12.6.4 Sports
12.6.5 Others
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 Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Household
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Standard
13.6.2 Cruiser
13.6.3 Mopeds
13.6.4 Sports
13.6.5 Others
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) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Household
13.10.3 Others
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 Conventional Motorcycles and Scooters Market: Competitive Dashboard
14.2 Global Conventional Motorcycles and Scooters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yamaha
14.3.2 Piaggio & C
14.3.3 Suzuki
14.3.4 Honda
14.3.5 Hero
14.3.6 Eicher
14.3.7 Harley-Davidson
14.3.8 Bajaj
14.3.9 TVS
14.3.10 Lifan
14.3.11 Yamaha
