Global Motorcycle Market to grow 7.2% annually to 2016 says new research

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'World Motorcycles: Forecasts for 2016 & 2021 in 23 countries' added to Report Buyer.

Report Buyer

The world motorcycle market, including electrically-powered two wheelers, is forecast to grow 7.2% annually to 134.5 million units in 2016, and industry revenues are expected to rise 8.7% year to $90.1 billion.

According to the new report 'World Motorcycles: Forecasts for 2016 & 2021 in 23 countries', the Asia/Pacific region will continue to dominate worldwide demand, representing 84% of all units sold in 2016. The region, which is home to the six largest national motorcycle markets, will account for more than four-fifths of all new unit sales between 2011 and 2016.

Global motorcycle sales will be fueled by rising standards of living in developing nations. There is a strong correlation between average income levels and motorcycle demand up to a certain point. In emerging economies where motorcycles are an attractive alternative to walking, riding a bicycle, or utilising mass transit, strong growth in motorcycle sales are triggered once certain per capita income thresholds are reached.

About Report Buyer. is the independent online store for global business information. The website now lists more than 300,000 company overviews, market research reports, industry studies and business books from over 300 specialist publishers.

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