Market Research Report
Motorcycles, Scooters and Mopeds
|Motorcycles, Scooters and Mopeds|
Published: May 1, 2021
Global Industry Analysts, Inc.
Content info: 212 Pages
Delivery time: 1-2 business days
Global Motorcycles, Scooters and Mopeds Market to Reach 65.2 Million Units by the Year 2027
Amid the COVID-19 crisis, the global market for Motorcycles, Scooters and Mopeds estimated at 47.4 Million Units in the year 2020, is projected to reach a revised size of 65.2 Million Units by 2027, growing at a CAGR of 4.7% over the period 2020-2027.
The U.S. Accounts for Over 0.9% of Global Market Size in 2020, While China is Forecast to Grow at a 5.4% CAGR for the Period of 2020-2027
The Motorcycles, Scooters and Mopeds market in the U.S. is estimated at 427 Thousand Units in the year 2020. The country currently accounts for a 0.9% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of 10.3 Million Units in the year 2027 trailing a CAGR of 5.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR while Rest of European market (as defined in the study) will reach 10.3 Million Units by the year 2027.
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