How is Demand Rising for Various Types of Motorcycles Through 2031?

Demand for motorcycles has increased steadily over the past years due to their affordability factor, fuel efficiency, and wide variety on offer. While the outbreak of COVID-19 put a standstill to manufacturing motorcycles initially, recovery has taken place at quite a rapid pace. High demand for cruiser motorcycles is further fueling the sales for motorcycles manufacturers across geographies.

For detailed insights on enhancing your product footprint, request for a sample here –

While growth of the automotive industry has become prominent over the last decade, manufacturers have come up with a flurry of inventions in order to increase their sales footprint. According to a report published by the Select USA, the United States has one of the largest automotive markets in the world. As per its report, since Honda opened its first U.S. plant in 1982, almost every major European, Japanese, and Korean automaker has produced vehicles and invested more than US$ 75 billion in the United States.

The latest report by Fact.MR projects a steady growth rate of 3.5% CAGR for the global motorcycle market through 2031.

For critical insights on this market, request for methodology here –

Key Takeaways from Motorcycle Market Study

  • Asia Pacific remains the largest market for motorcycles, with its epicenter in India, holding over half of the regional market share.
  • Europe to emerge as the second-largest market for motorcycles, with Germany holding more than 21% market share.
  • The United States to hold more than 90% of market value for the world’s third-largest market for motorcycles – North America.
  • Japan and South Korea to maintain a positive outlook throughout the forecast period, while Australia, France, and the United Kingdom, to remain lucrative pockets.
  • High demand for cruiser motorcycles to propel the growth of manufacturers across regions.
  • Motorcycles with engine capacity of 801-1000 CC to exhibit hegemony.

motorcycle market

“Demand for various types of motorcycles such as mopeds, sports, standard, and others, especially cruisers, is forecast to grow over the coming years,” says a Fact.MR analyst.

For in-depth competitive analysis, buy now –

Rise in Demand for Cruiser Motorcycles Boosting Growth

Being popular for their style, comfort, slower acceleration, maneuverability, and handling, cruiser motorcycles are highly demanded across the globe. As more people are inclined to purchase this type of motorcycle, manufacturers are experiencing increase in sales. According to the United States Motorcycle Industry Council, approximately 40% of bikes in the U.S. are cruiser motorcycles.

Owing to their recognizable upright riding position, usually big engine displacement with a lot of torque in low RPM, and unique look, cruise motorcycles are gaining rapid traction among the young generation. As stated by the Motorcycle Industry Council, 24% of college graduates own a motorcycle in the United States, which is higher than 20% in the year 2014.

For comprehensive insights on this market adoption, ask an analyst here –

Who is Winning in this Space?

The global motorcycle market is getting tighter in terms of competition, while flourishing on the back of key players in the market. In order to leverage the market potential, key players are investing heavily along with launching new range of products.

For instance,

  • Honda Motor Company Limited reached 100,000 unit automobile production in Vietnam in 2024, and is constantly working on increasing its sales footprint further.
  • A division of Eicher Motors Limited, Royal Enfield, has created the mid-sized motorcycle segment in India with its unique and distinctive modern bikes, which expanded at 32% CAGR from CY2010 to FY 2024, and is growing further exponentially.

Why Choose Fact.MR?

  1. Multi-Disciplinary Approach to Solve Market Challenges
  2. Accurate Regional Demand Estimation And Forecast
  3. Data Acquisition from Trusted Multidimensional Sources
  4. Real-Time Competitive Breakdown
  5. Customized Business Solutions

Explore Fact.MR’s Comprehensive Coverage on Automotive Landscape

Off-Highway Engine Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2024 to 2031:

Autonomous Farm Equipment Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2024 to 2031:

Aircraft Tugs Market, Forecast, Trend, Analysis & Competition Tracking – Global Market Insights 2024 to 2031:

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.


US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: [email protected]
Visit Our Website: