PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1133425
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1133425
Dirt Bike Market Forecasts to 2028 - Global Analysis By Product, Propulsion, Power, Application, End User and By Geography
According to Stratistics MRC, the Global Dirt Bike Market is accounted for $8.21 billion in 2022 and is expected to reach $11.66 billion by 2028 growing at a CAGR of 6.02% during the forecast period. Dirt bikes are off-road motorcycles that are specifically suited for riding on unpaved surfaces. There are various varieties of dirt bikes, including two- and four-stroke motors. Additionally, they have either gasoline or electric propulsion systems. Also, the dirt bikes have high ground clearance and better torque as compared to conventional bikes.
According to the motorcycle industry in the United States is up 6.4% for the first six months of 2020, which could lead to a strong final year tally and the first industry gain since 2015. According to China Aerospace Science and Technology Corporation (CASC), China conducted 55 space launches in 2021 compared to 39 space launches in 2020. In the upcoming years, the country plans to launch the world's biggest space telescope, the world's most massive rocket, and a space station to rival the ISS. Such developments are expected to propel the region's growth in the years to come.
Market Dynamics:
Driver:
Increasing demand for sports and recreational activities
The global dirt bike market expected to drive growth during the forecast period. The growing desire to de-stress and get away from routine activities has led to an increase in the number of people participating in outdoor sports and recreational activities. Thus, growth factor of the dirt bikes market is mainly attributed to the increasing demand for sports and recreational activities. This is expected to drive the dirt bike market during the forecast period.
Restraint:
Incapable of handling
The global dirt bike market expected to hinder growth during the forecast period. Maintenance is required considerably less frequently now that the engine's work has been distributed over multiple sections. Unfortunately, this also implies that when maintenance is required, it is often more expensive. Repairs on a four-stroke generally are more expensive, compared to two-stroke, since there are more components used to keep the engine running.
Opportunity:
Growing awareness about the benefits of dirt bikes
The global dirt bike market expected to drive growth during the forecast period. Owing to the incredible health benefits of dirt biking. This extreme sport will ensure that it helps you to stay healthy. For example, it can help one to stimulate their brain industries. As it requires focus and concentrate while riding. This can be beneficial for human brain. Also, it can help to burn calories. These factors are expected to affect dirt bike market growth to a certain extent.
Threat:
Dirt bikes are very noisy
The global dirt bike market expected to hamper growth during the forecast period, due to their small mufflers and high RPMs, dirt bikes are loud. Two-stroke dirt bikes are generally louder than four-stroke dirt bikes, but the noise from a four-stroke bike will carry further. Also, two-stroke engine works at twice the speed of a four-stroke engine, they have higher fuel consumption. It is not environmentally-friendly.
COVID-19 Impact:
The industry is already seeing the impact of corona virus on motorcycle manufacturing and component supply. The worldwide dirt bike business will be severely impacted even when the world recovers from the corona virus epidemic as a result of falling consumer expenditure and an intensifying recession. Due to the epidemic, dirt bike sporting events have also been postponed. However, sales would be partially influenced by dirt bike fans.
The electric dirt bike is expected to be the largest during the forecast period
The electric dirt bike segment is estimated to have a lucrative growth, due to the desire for electric mobility has grown in response to rising fuel prices and increased concern about global warming. The electric dirt bike also requires less maintenance because it has fewer moving parts. Electric dirt motorcycles are also incredibly quiet. The automakers are investing in the creation of an electric dirt bike due to the benefits that come with electrifying dirt bikes.
The industrial segment is expected to have the highest CAGR during the forecast period
The industrial segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the utilization of dirt bikes in many industries, including agriculture, construction, forestry, and mining. They can be utilized for off-road travel and to assist in relocating workers or supplies around the job site. Dirt bikes can occasionally be utilized for emergency response work such as search and rescue missions. In places with rough terrain, dirt motorcycles can also be utilized for tourism or enjoyment.
Region with highest share:
North America is projected to hold the largest market share during the forecast period owing to the presence of a large number of off-road enthusiasts and the popularity of extreme sports. During the projection period, North America is anticipated to hold the largest market share and dominate the dirt bike industry. The United States is the largest region in North America, followed by Canada.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period. Germany, Italy, and France were projected to be Europe's largest off-road motorcycle markets in 2020, according to data from the European Association of Motorcycle Manufacturers (ACEM). The use of cutting-edge technology and the existence of a highly sophisticated manufacturing hub in the local market present firms with a highly profitable potential.
Key players in the market
Some of the key players in Dirt Bike Market include Aprilia, BMW, Christini, Cobra, Honda, KTM, Kuberg, Scorpa, Suzuki, SSR, Sherco, Polini, OSSA, Kawasaki, Husqvarna, Husaberg, BETA, BenelliSystems
Key Developments:
In March 2022, German manufacturer of luxury vehicles and motorcycles BMW Group, on Friday, announced the acquisition of its long-term tuning partner Alpina brands, which is responsible for some of the most iconic and coolest modified BMWs around the world.
In September 2021, Kawasaki has launched the 2022 KX250 and KX450 dirt-bikes in India.The 2022 Kawasaki KX250 has been priced at Rs 7.99 lakh (ex-showroom). The larger 2022 Kawasaki KX450 will now cost Rs 8.59 lakh (ex-showroom). The updates include a redesigned fuel tank, a re-profiled seat, and reworked panels on both motorcycles.
Product Types Covered:
- 4-Stroke
- 2-Stroke
- Electric
Propulsions Covered:
- Petrol
- Electric
- Other Propulsions
Powers Covered:
- Below 150cc
- 150cc To 250cc
- Above 250cc
Applications Covered:
- Intracity
- Intercity
- Other Applications
End Users Covered:
- Commercial
- Personal
- Industrial
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 End User Analysis
- 3.9 Emerging Markets
- 3.10 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Dirt Bike Market, By Product
- 5.1 Introduction
- 5.2 4-Stroke
- 5.3 2-Stroke
- 5.4 Electric
6 Global Dirt Bike Market, By Propulsion
- 6.1 Introduction
- 6.2 Petrol
- 6.3 Electric
- 6.4 Other Propulsions
7 Global Dirt Bike Market, By Power
- 7.1 Introduction
- 7.2 Below 150cc
- 7.3 150cc To 250cc
- 7.4 Above 250cc
8 Global Dirt Bike Market, By Application
- 8.1 Introduction
- 8.2 Intracity
- 8.3 Intercity
- 8.4 Other Applications
9 Global Dirt Bike Market, By End User
- 9.1 Introduction
- 9.2 Commercial
- 9.3 Personal
- 9.4 Industrial
10 Global Dirt Bike Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
12 Company Profiling
- 12.1 Aprilia
- 12.2 BMW
- 12.3 Christini
- 12.4 Cobra
- 12.5 Honda
- 12.6 KTM
- 12.7 Kuberg
- 12.8 Scorpa
- 12.9 Suzuki
- 12.10 SSR
- 12.11 Sherco
- 12.12 Polini
- 12.13 OSSA
- 12.14 Kawasaki
- 12.15 Husqvarna
- 12.16 Husaberg
- 12.17 BETA
- 12.18 Benelli
List of Tables
- Table 1 Global Dirt Bike Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Dirt Bike Market Outlook, By Product (2020-2028) ($MN)
- Table 3 Global Dirt Bike Market Outlook, By 4-Stroke (2020-2028) ($MN)
- Table 4 Global Dirt Bike Market Outlook, By 2-Stroke (2020-2028) ($MN)
- Table 5 Global Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 6 Global Dirt Bike Market Outlook, By Propulsion (2020-2028) ($MN)
- Table 7 Global Dirt Bike Market Outlook, By Petrol (2020-2028) ($MN)
- Table 8 Global Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 9 Global Dirt Bike Market Outlook, By Other Propulsions (2020-2028) ($MN)
- Table 10 Global Dirt Bike Market Outlook, By Power (2020-2028) ($MN)
- Table 11 Global Dirt Bike Market Outlook, By Below 150cc (2020-2028) ($MN)
- Table 12 Global Dirt Bike Market Outlook, By 150cc To 250cc (2020-2028) ($MN)
- Table 13 Global Dirt Bike Market Outlook, By Above 250cc (2020-2028) ($MN)
- Table 14 Global Dirt Bike Market Outlook, By Application (2020-2028) ($MN)
- Table 15 Global Dirt Bike Market Outlook, By Intracity (2020-2028) ($MN)
- Table 16 Global Dirt Bike Market Outlook, By Intercity (2020-2028) ($MN)
- Table 17 Global Dirt Bike Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 18 Global Dirt Bike Market Outlook, By End User (2020-2028) ($MN)
- Table 19 Global Dirt Bike Market Outlook, By Commercial (2020-2028) ($MN)
- Table 20 Global Dirt Bike Market Outlook, By Personal (2020-2028) ($MN)
- Table 21 Global Dirt Bike Market Outlook, By Industrial (2020-2028) ($MN)
- Table 22 North America Dirt Bike Market Outlook, By Country (2020-2028) ($MN)
- Table 23 North America Dirt Bike Market Outlook, By Product (2020-2028) ($MN)
- Table 24 North America Dirt Bike Market Outlook, By 4-Stroke (2020-2028) ($MN)
- Table 25 North America Dirt Bike Market Outlook, By 2-Stroke (2020-2028) ($MN)
- Table 26 North America Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 27 North America Dirt Bike Market Outlook, By Propulsion (2020-2028) ($MN)
- Table 28 North America Dirt Bike Market Outlook, By Petrol (2020-2028) ($MN)
- Table 29 North America Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 30 North America Dirt Bike Market Outlook, By Other Propulsions (2020-2028) ($MN)
- Table 31 North America Dirt Bike Market Outlook, By Power (2020-2028) ($MN)
- Table 32 North America Dirt Bike Market Outlook, By Below 150cc (2020-2028) ($MN)
- Table 33 North America Dirt Bike Market Outlook, By 150cc To 250cc (2020-2028) ($MN)
- Table 34 North America Dirt Bike Market Outlook, By Above 250cc (2020-2028) ($MN)
- Table 35 North America Dirt Bike Market Outlook, By Application (2020-2028) ($MN)
- Table 36 North America Dirt Bike Market Outlook, By Intracity (2020-2028) ($MN)
- Table 37 North America Dirt Bike Market Outlook, By Intercity (2020-2028) ($MN)
- Table 38 North America Dirt Bike Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 39 North America Dirt Bike Market Outlook, By End User (2020-2028) ($MN)
- Table 40 North America Dirt Bike Market Outlook, By Commercial (2020-2028) ($MN)
- Table 41 North America Dirt Bike Market Outlook, By Personal (2020-2028) ($MN)
- Table 42 North America Dirt Bike Market Outlook, By Industrial (2020-2028) ($MN)
- Table 43 Europe Dirt Bike Market Outlook, By Country (2020-2028) ($MN)
- Table 44 Europe Dirt Bike Market Outlook, By Product (2020-2028) ($MN)
- Table 45 Europe Dirt Bike Market Outlook, By 4-Stroke (2020-2028) ($MN)
- Table 46 Europe Dirt Bike Market Outlook, By 2-Stroke (2020-2028) ($MN)
- Table 47 Europe Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 48 Europe Dirt Bike Market Outlook, By Propulsion (2020-2028) ($MN)
- Table 49 Europe Dirt Bike Market Outlook, By Petrol (2020-2028) ($MN)
- Table 50 Europe Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 51 Europe Dirt Bike Market Outlook, By Other Propulsions (2020-2028) ($MN)
- Table 52 Europe Dirt Bike Market Outlook, By Power (2020-2028) ($MN)
- Table 53 Europe Dirt Bike Market Outlook, By Below 150cc (2020-2028) ($MN)
- Table 54 Europe Dirt Bike Market Outlook, By 150cc To 250cc (2020-2028) ($MN)
- Table 55 Europe Dirt Bike Market Outlook, By Above 250cc (2020-2028) ($MN)
- Table 56 Europe Dirt Bike Market Outlook, By Application (2020-2028) ($MN)
- Table 57 Europe Dirt Bike Market Outlook, By Intracity (2020-2028) ($MN)
- Table 58 Europe Dirt Bike Market Outlook, By Intercity (2020-2028) ($MN)
- Table 59 Europe Dirt Bike Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 60 Europe Dirt Bike Market Outlook, By End User (2020-2028) ($MN)
- Table 61 Europe Dirt Bike Market Outlook, By Commercial (2020-2028) ($MN)
- Table 62 Europe Dirt Bike Market Outlook, By Personal (2020-2028) ($MN)
- Table 63 Europe Dirt Bike Market Outlook, By Industrial (2020-2028) ($MN)
- Table 64 Asia Pacific Dirt Bike Market Outlook, By Country (2020-2028) ($MN)
- Table 65 Asia Pacific Dirt Bike Market Outlook, By Product (2020-2028) ($MN)
- Table 66 Asia Pacific Dirt Bike Market Outlook, By 4-Stroke (2020-2028) ($MN)
- Table 67 Asia Pacific Dirt Bike Market Outlook, By 2-Stroke (2020-2028) ($MN)
- Table 68 Asia Pacific Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 69 Asia Pacific Dirt Bike Market Outlook, By Propulsion (2020-2028) ($MN)
- Table 70 Asia Pacific Dirt Bike Market Outlook, By Petrol (2020-2028) ($MN)
- Table 71 Asia Pacific Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 72 Asia Pacific Dirt Bike Market Outlook, By Other Propulsions (2020-2028) ($MN)
- Table 73 Asia Pacific Dirt Bike Market Outlook, By Power (2020-2028) ($MN)
- Table 74 Asia Pacific Dirt Bike Market Outlook, By Below 150cc (2020-2028) ($MN)
- Table 75 Asia Pacific Dirt Bike Market Outlook, By 150cc To 250cc (2020-2028) ($MN)
- Table 76 Asia Pacific Dirt Bike Market Outlook, By Above 250cc (2020-2028) ($MN)
- Table 77 Asia Pacific Dirt Bike Market Outlook, By Application (2020-2028) ($MN)
- Table 78 Asia Pacific Dirt Bike Market Outlook, By Intracity (2020-2028) ($MN)
- Table 79 Asia Pacific Dirt Bike Market Outlook, By Intercity (2020-2028) ($MN)
- Table 80 Asia Pacific Dirt Bike Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 81 Asia Pacific Dirt Bike Market Outlook, By End User (2020-2028) ($MN)
- Table 82 Asia Pacific Dirt Bike Market Outlook, By Commercial (2020-2028) ($MN)
- Table 83 Asia Pacific Dirt Bike Market Outlook, By Personal (2020-2028) ($MN)
- Table 84 Asia Pacific Dirt Bike Market Outlook, By Industrial (2020-2028) ($MN)
- Table 85 South America Dirt Bike Market Outlook, By Country (2020-2028) ($MN)
- Table 86 South America Dirt Bike Market Outlook, By Product (2020-2028) ($MN)
- Table 87 South America Dirt Bike Market Outlook, By 4-Stroke (2020-2028) ($MN)
- Table 88 South America Dirt Bike Market Outlook, By 2-Stroke (2020-2028) ($MN)
- Table 89 South America Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 90 South America Dirt Bike Market Outlook, By Propulsion (2020-2028) ($MN)
- Table 91 South America Dirt Bike Market Outlook, By Petrol (2020-2028) ($MN)
- Table 92 South America Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 93 South America Dirt Bike Market Outlook, By Other Propulsions (2020-2028) ($MN)
- Table 94 South America Dirt Bike Market Outlook, By Power (2020-2028) ($MN)
- Table 95 South America Dirt Bike Market Outlook, By Below 150cc (2020-2028) ($MN)
- Table 96 South America Dirt Bike Market Outlook, By 150cc To 250cc (2020-2028) ($MN)
- Table 97 South America Dirt Bike Market Outlook, By Above 250cc (2020-2028) ($MN)
- Table 98 South America Dirt Bike Market Outlook, By Application (2020-2028) ($MN)
- Table 99 South America Dirt Bike Market Outlook, By Intracity (2020-2028) ($MN)
- Table 100 South America Dirt Bike Market Outlook, By Intercity (2020-2028) ($MN)
- Table 101 South America Dirt Bike Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 102 South America Dirt Bike Market Outlook, By End User (2020-2028) ($MN)
- Table 103 South America Dirt Bike Market Outlook, By Commercial (2020-2028) ($MN)
- Table 104 South America Dirt Bike Market Outlook, By Personal (2020-2028) ($MN)
- Table 105 South America Dirt Bike Market Outlook, By Industrial (2020-2028) ($MN)
- Table 106 Middle East & Africa Dirt Bike Market Outlook, By Country (2020-2028) ($MN)
- Table 107 Middle East & Africa Dirt Bike Market Outlook, By Product (2020-2028) ($MN)
- Table 108 Middle East & Africa Dirt Bike Market Outlook, By 4-Stroke (2020-2028) ($MN)
- Table 109 Middle East & Africa Dirt Bike Market Outlook, By 2-Stroke (2020-2028) ($MN)
- Table 110 Middle East & Africa Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 111 Middle East & Africa Dirt Bike Market Outlook, By Propulsion (2020-2028) ($MN)
- Table 112 Middle East & Africa Dirt Bike Market Outlook, By Petrol (2020-2028) ($MN)
- Table 113 Middle East & Africa Dirt Bike Market Outlook, By Electric (2020-2028) ($MN)
- Table 114 Middle East & Africa Dirt Bike Market Outlook, By Other Propulsions (2020-2028) ($MN)
- Table 115 Middle East & Africa Dirt Bike Market Outlook, By Power (2020-2028) ($MN)
- Table 116 Middle East & Africa Dirt Bike Market Outlook, By Below 150cc (2020-2028) ($MN)
- Table 117 Middle East & Africa Dirt Bike Market Outlook, By 150cc To 250cc (2020-2028) ($MN)
- Table 118 Middle East & Africa Dirt Bike Market Outlook, By Above 250cc (2020-2028) ($MN)
- Table 119 Middle East & Africa Dirt Bike Market Outlook, By Application (2020-2028) ($MN)
- Table 120 Middle East & Africa Dirt Bike Market Outlook, By Intracity (2020-2028) ($MN)
- Table 121 Middle East & Africa Dirt Bike Market Outlook, By Intercity (2020-2028) ($MN)
- Table 122 Middle East & Africa Dirt Bike Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 123 Middle East & Africa Dirt Bike Market Outlook, By End User (2020-2028) ($MN)
- Table 124 Middle East & Africa Dirt Bike Market Outlook, By Commercial (2020-2028) ($MN)
- Table 125 Middle East & Africa Dirt Bike Market Outlook, By Personal (2020-2028) ($MN)
- Table 126 Middle East & Africa Dirt Bike Market Outlook, By Industrial (2020-2028) ($MN)
