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PUBLISHER: Grand View Research | PRODUCT CODE: 1092658

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PUBLISHER: Grand View Research | PRODUCT CODE: 1092658

Off-road Motorcycle Market Size, Share & Trends Analysis Report By Type (Motocross, Enduro, Trail, Track-racing Motorcycles), By Region (Asia Pacific, North America), And Segment Forecasts, 2022 - 2028

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Off-road Motorcycle Market Growth & Trends:

The global off-road motorcycle market size is estimated to reach USD 21.83 billion by 2028 and is anticipated to expand at a CAGR of 6.2% from 2022 to 2028, according to a new report by Grand View Research, Inc.Racing and sports events focused on off-road motorcycles are the key factors driving the growth of the market. In addition, the increasing popularity of off-road motorcycle racing among youth is also boosting market growth. Off-road motorcycles are very expensive in terms of maintenance and cost and these factors hamper the growth of the global market. Most of the major players operating are launching new models to enhance their global presence and to gain maximum share in the market.

The COVID-19 pandemic has positively impacted the market. According to the Motorcycles Data in December 2020, the off-road motorcycles segment promoted the U.S. motorcycles industry in the year 2020, which reported a massive growth. Moreover, it is anticipated that the global market will grow at a considerable pace over the forecast period due to the growing number of sponsorships to riders and racing events from big brands. According to key manufacturers, such as Honda Motor Co., Ltd., and Harley-Davidson Incorporation, as major cities emerge from the quarantine phase in various regions, off-road motorcycles are increasingly seen in various racing events. The enduro motorcycles segment accounted for the largest market revenue share in 2021.

Enduro motorcycles are specially built for long-distance racing and are designed to hold up under extreme situations. According to the Federal Chamber of Automotive Industries (FCAI), the revenue generated by the enduro motorcycles segment was high in 2020. Every year, various AMA-sanctioned enduros are held globally. Thus, the enduro motorcycles demand is high and contributed more to the market revenue. Asia Pacific accounted for the largest market share in 2021. According to MarkLines Co., Ltd., India, and China were the major countries that generated large revenue for the market in 2020. High accessibility of raw materials, innovative manufacturing facilities, and increasing demand for motorcycles are driving the regional market growth. Moreover, the growing consumer inclination towards off-road recreational activities in Asia Pacific drives the market growth.

Off-road Motorcycle Market Report Highlights:

  • Europe is estimated to register the second-highest CAGR from 2022 to 2028
  • According to the European Association of Motorcycle Manufacturers (ACEM), major countries in Europe, such as Germany, Italy, France, the U.K., and Spain, generated maximum revenue
  • The motocross motorcycles segment is likely to register the second-fastest CAGR in the forecast period
  • A rise in the number of motocross enthusiasts and increasing disposable income levels are boosting the demand for motocross motorcycles
Product Code: GVR-4-68039-942-6

Table of Contents

Chapter 1 Methodology and Scope

  • 1.1. Research Methodology
  • 1.2. Research Scope & Assumptions
  • 1.3. List of Data Sources
  • 1.4. List of Abbreviations

Chapter 2 Executive Summary

  • 2.1. Market Outlook
  • 2.2. Type Outlook
  • 2.3. Regional Outlook

Chapter 3 Off-road Motorcycles Market Variables, Trends & Scope

  • 3.1. Market Segmentation
  • 3.2. Penetration & Growth Prospect Mapping
  • 3.3. Value Chain Analysis
  • 3.4. Market Dynamics
    • 3.4.1 Market Driver Analysis
    • 3.4.2 Market restraint Analysis
    • 3.4.3 Market Opportunities Analysis
    • 3.4.4 Business Environment Analysis
  • 3.5. Porter's Five Forces Analysis
    • 3.5.1 Threat of new entrants
    • 3.5.2 Bargaining power of suppliers
    • 3.5.3 Bargaining power of buyers
    • 3.5.4 Threat of substitutes
    • 3.5.5 Competitive rivalry
  • 3.6. PESTLE Analysis
    • 3.6.1 Political Landscape
    • 3.6.2 Environmental Landscape
    • 3.6.3 Social Landscape
    • 3.6.4 Technology Landscape
    • 3.6.5 Economic Landscape
  • 3.7. Legal Landscape

Chapter 4 Consumer Behavior Analysis

  • 4.1. Consumer Trends and Preferences
  • 4.2. Factors Affecting Buying Decision
  • 4.3. Consumer Type Adoption
  • 4.4. Observations & Recommendations

Chapter 5 Off-road Motorcycles Market: Type Estimates & Trend Analysis

  • 5.1. Type Movement Analysis & Market Share, 2021 & 2028
  • 5.2. Motocross Motorcycles
    • 5.2.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 5.3. Enduro Motorcycles
    • 5.3.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 5.4. Trail Motorcycles
    • 5.4.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 5.5. Track-racing Motorcycles
    • 5.5.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)

Chapter 6 Off-road Motorcycles Market: Regional Estimates & Trend Analysis

  • 6.1. Regional Movement Analysis & Market Share, 2021 & 2028
  • 6.2. North America
    • 6.2.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 6.2.2 Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.2.3 U.S.
      • 6.2.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.2.3.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.2.4 Canada
      • 6.2.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.2.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • 6.3. Europe
    • 6.3.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 6.3.2 Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.3.3 U.K.
      • 6.3.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.3.3.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.3.4 Germany
      • 6.3.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.3.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.3.5 France
      • 6.3.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.3.5.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.3.6 Italy
      • 6.3.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.3.6.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • 6.4. Asia Pacific
    • 6.4.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 6.4.2 Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.4.3 China
      • 6.4.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.4.3.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.4.4 India
      • 6.4.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.4.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.4.5 Indonesia
      • 6.4.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.4.5.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.4.6 Vietnam
      • 6.4.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.4.6.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • 6.5. Central & South America
    • 6.5.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 6.5.2 Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.5.3 Brazil
      • 6.5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.5.3.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.5.4 Mexico
      • 6.5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.5.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
  • 6.6. Middle East & Africa
    • 6.6.1 Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 6.6.2 Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.6.3 Saudi Arabia
      • 6.6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.6.3.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)
    • 6.6.4 South Africa
      • 6.6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 6.6.4.2. Market Estimates and Forecast, By Type, 2017 - 2028 (USD Million)

Chapter 7 Competitive Analysis

  • 7.1. Key Global Players, Recent Developments & their Impact on the Industry
  • 7.2. Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
  • 7.3. Vendor Landscape
    • 7.3.1 Key Company Market Share Analysis, 2021

Chapter 8 Company Profiles

  • 8.1. Harley-Davidson Incorporation
    • 8.1.1 Company Overview
    • 8.1.2 Financial Performance
    • 8.1.3 Product Benchmarking
    • 8.1.4 Strategic Initiatives
  • 8.2. Yamaha Motor Co., Ltd.
    • 8.2.1 Company Overview
    • 8.2.2 Financial Performance
    • 8.2.3 Product Benchmarking
    • 8.2.4 Strategic Initiatives
  • 8.3. Ducati Motor Holding S.p.A.
    • 8.3.1 Company Overview
    • 8.3.2 Financial Performance
    • 8.3.3 Product Benchmarking
    • 8.3.4 Strategic Initiatives
  • 8.4. Honda Motor Co., Ltd.
    • 8.4.1 Company Overview
    • 8.4.2 Financial Performance
    • 8.4.3 Product Benchmarking
    • 8.4.4 Strategic Initiatives
  • 8.5. Kawasaki Heavy Industries, Ltd.
    • 8.5.1 Company Overview
    • 8.5.2 Financial Performance
    • 8.5.3 Product Benchmarking
    • 8.5.4 Strategic Initiatives
  • 8.6. BMW AG
    • 8.6.1 Company Overview
    • 8.6.2 Financial Performance
    • 8.6.3 Product Benchmarking
    • 8.6.4 Strategic Initiatives
  • 8.7. Suzuki Motor Corporation
    • 8.7.1 Company Overview
    • 8.7.2 Financial Performance
    • 8.7.3 Product Benchmarking
    • 8.7.4 Strategic Initiatives
  • 8.8. Hero MotoCorp Limited
    • 8.8.1 Company Overview
    • 8.8.2 Financial Performance
    • 8.8.3 Product Benchmarking
    • 8.8.4 Strategic Initiatives
  • 8.9. Bajaj Auto Ltd.
    • 8.9.1 Company Overview
    • 8.9.2 Financial Performance
    • 8.9.3 Product Benchmarking
    • 8.9.4 Strategic Initiatives
  • 8.10. TVS Motor Company
    • 8.10.1 Company Overview
    • 8.10.2 Financial Performance
    • 8.10.3 Product Benchmarking
    • 8.10.4 Strategic Initiatives
Product Code: GVR-4-68039-942-6

List of Tables

  • Table 1 Off-road Motorcycles Market- Key market driver analysis
  • Table 2 Off-road Motorcycles Market- Key market restraint analysis
  • Table 3 Global Motocross Motorcycles Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 4 Global Enduro Motorcycles Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 5 Global Trail Motorcycles Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 6 Global Track-racing Motorcycles Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 7 Global Off-road Motorcycles Market Estimates and Forecast, By Region 017 - 2028 (USD Million)
  • Table 8 Global Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 9 North America Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 10 North America Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 11 U.S. Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 12 U.S. Off-road Motorcycles Market Estimates and Forecast By Type, 017 - 2028 (USD Million)
  • Table 13 Canada Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 14 Canada Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 15 Europe Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 16 Europe Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 17 U.K. Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 18 U.K. Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 19 Germany Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 20 Germany Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 21 France Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 22 France Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 23 Italy Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 24 Italy Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 25 Asia Pacific Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 26 Asia Pacific Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 27 China Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 28 China Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 29 India Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 30 India Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 31 Indonesia Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 32 Indonesia Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 33 Vietnam Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 34 Vietnam Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 35 Central & South America Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 36 Central & South America Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 37 Brazil Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 38 Brazil Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 39 Mexico Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 40 Mexico Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 41 Middle East & Africa Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 42 Middle East & Africa Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 43 Saudi Arabia Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 44 Saudi Arabia Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 45 South Africa Off-road Motorcycles Market Estimates and Forecast, 017 - 2028 (USD Million)
  • Table 46 South Africa Off-road Motorcycles Market Estimates and Forecast, By Type, 017 - 2028 (USD Million)
  • Table 47 Vendor landscape

List of Figures

  • Fig. 1 Off-road Motorcycles Market Snapshot
  • Fig. 2 Off-road Motorcycles Market Segmentation & Scope
  • Fig. 3 Off-road Motorcycles Market Penetration & Growth Prospect Mapping
  • Fig. 4 Off-road Motorcycles Market Value Chain Analysis
  • Fig. 5 Off-road Motorcycles Market Dynamics
  • Fig. 6 Off-road Motorcycles Market Porter's Analysis
  • Fig. 7 Off-road Motorcycles Market: Type Movement Analysis
  • Fig. 8 Off-road Motorcycles Market: Regional Movement Analysis
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