Global Motorcycle And Bicycle Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Motorcycle And Bicycle Market Report by The Business Research Company covers motorcycle and bicycle market’s drivers and restraints, motorcycle and bicycle market size, major players, and the impact of COVID-19 on the motorcycle and bicycle market.
The motorcycle, bicycles and parts market consists of sales of motorcycle, bicycles and parts and related services by entities (organizations, sole traders and partnerships) that produce motorcycles, scooters, tricycles and similar equipment and parts. The motorcycle and bicycle market is segmented into motorcycles and parts, bicycles and parts, motor scooters and other motorcycle and bicycle.
Advances in technology are expected to be a continued driver of market growth in the forecast period. The global motorcycle and bicycle manufacturing industry has experienced many technological advances in the last decade and this trend is expected to intensify.
The global motorcycle and bicycle market is expected to grow from $74.36 billion in 2020 to $78.3 billion in 2021 at a compound annual growth rate (CAGR) of 5.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $109.74 billion in 2025 at a CAGR of 9%.
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Some motorcycle and bicycle market trends include bicycle manufacturers increasingly investing in the manufacture of electric bicycles that operate using rechargeable batteries. These electric bicycles serve as an eco-friendly, low cost mode of transportation and can also be used for recreational bicycle trips, shopping and errands. Major players are also investing in new electric bicycles equipped with internet and GPS features.
Global motorcycle and bicycle market segments include:
1) By Type: Motorcycles And Parts, Bicycles And Parts, Motor Scooters, Other Motorcycle And Bicycle
2) By Distribution Channel: Independent Retailers, Online Sales.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Motorcycle And Bicycle Global Market Report 2021: COVID-19 Impact and Recovery to 2030 At:
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The Motorcycle And Bicycle Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides motorcycle and bicycle market overviews, analyzes and forecasts market size, share, motorcycle and bicycle market players, motorcycle and bicycle market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The motorcycle and bicycle market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Where To Learn More:
Read Motorcycle And Bicycle Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Yamaha, Honda, BMW, Harley Davidson, Kawasaki.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Motorcycle And Bicycle Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Motorcycle And Bicycle Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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