World Motorbike and Bicycle Market Report 2021: COVID-19 Impression and Restoration to 2030 That includes Yamaha, Honda, BMW, Harley Davidson and Kawasaki
The “Motorcycle and Bicycle Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report has been added to ResearchAndMarkets.com’s providing.
Main corporations within the motorbike, bicycles and components market embody Yamaha; Honda; BMW; Harley Davidson and Kawasaki.
The worldwide motorbike and bicycle market is anticipated to develop from $74.36 billion in 2020 to $78.3 billion in 2021 at a compound annual progress price (CAGR) of 5.3%.
The expansion is principally because of the corporations rearranging their operations and recovering from the COVID-19 influence, which had earlier led to restrictive containment measures involving social distancing, distant working, and the closure of economic actions that resulted in operational challenges. The market is anticipated to succeed in $109.74 billion in 2025 at a CAGR of 9%.
The motorbike, bicycles and components market consists of gross sales of bike, bicycles and components and associated providers by entities (organizations, sole merchants and partnerships) that produce bikes, scooters, tricycles and related gear and components. The motorbike and bicycle market is segmented into bikes and components; bicycles and components; motor scooters and different motorbike and bicycle.
Asia Pacific was the biggest area within the international motorbike and bicycle market, accounting for 42% of the market in 2020. North America was the second largest area accounting for 20% of the worldwide motorbike and bicycle market. Africa was the smallest area within the international motorbike and bicycle market.
Bicycle producers are more and more investing within the manufacture of electrical bicycles that function utilizing rechargeable batteries. These electrical bicycles function an eco-friendly, low value mode of transportation and may also be used for leisure bicycle journeys, buying and errands. Main gamers are additionally investing in new electrical bicycles outfitted with web and GPS options.
For example, in 2019, Hero Cycles, a producer of bicycles and bicycle associated merchandise, in partnership with Yamaha Motor Firm launched its e-cycle named Lectro EHX20. Equally, USA primarily based bike producer Bulls, launched three lightweight electrical bicycles in 2020.
Advances in expertise are anticipated to be a continued driver of market progress within the forecast interval. The worldwide motorbike and bicycle manufacturing trade has skilled many technological advances within the final decade and this pattern is anticipated to accentuate.
In accordance with Forbes, the ten new options to anticipate in automobiles by 2020 embody autonomous driving, driver override programs, biometric automobile entry, complete automobile monitoring, lively window shows, distant automobile shutdown, lively well being monitoring, four-cylinder supercars, good and personalised in-car advertising and reconfigurable physique panels. These improvements are anticipated to drive the motorbike and bicycle market through the forecast interval.
Key Subjects Lined:
1. Government Abstract
2. Report Construction
3. Motorbike and Bicycle Market Traits
3.1. Market Definition
3.2. Key Segmentations
4. Motorbike and Bicycle Market Product Evaluation
4.1. Main Merchandise/ Companies
4.2. Key Options and Differentiators
4.3. Improvement Merchandise
5. Motorbike and Bicycle Market Provide Chain
5.1. Provide Chain
5.3. Finish Prospects
6. Motorbike and Bicycle Market Buyer Data
6.1. Buyer Preferences
6.2. Finish Use Market Measurement and Progress
7. Motorbike and Bicycle Market Tendencies and Methods
8. Impression of COVID-19 on Motorbike and Bicycle
9. Motorbike and Bicycle Market Measurement and Progress
9.1. Market Measurement
9.2. Historic Market Progress, Worth ($ Billion)
9.2.1. Drivers of the Market
9.2.2. Restraints on the Market
9.3. Forecast Market Progress, Worth ($ Billion)
9.3.1. Drivers of the Market
9.3.2. Restraints on the Market
10. Motorbike and Bicycle Market Regional Evaluation
10.1. World Motorbike and Bicycle Market, 2020, by Area, Worth ($ Billion)
10.2. World Motorbike and Bicycle Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Area
10.3. World Motorbike and Bicycle Market, Progress and Market Share Comparability, by Area
11. Motorbike and Bicycle Market Segmentation
11.1. World Motorbike and Bicycle Market, Segmentation by Sort, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11.2. World Motorbike and Bicycle Market, Segmentation by Distribution Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
On-line Gross sales
12. Motorbike and Bicycle Market Metrics
12.1. Motorbike and Bicycle Market Measurement, Share of GDP, 2015-2025, World
12.2. Per Capita Common Motorbike and Bicycle Market Expenditure, 2015-2025, World
Corporations Talked about
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