Report provides comprehensive information on Global Off-Road Motorcycle Market by Type (Dirt Bikes, Adventure Bikes, Trial Bikes, Enduro Bikes, Kids Motorbikes and Others), By Application (Recreational And Defense) And By Region.
Off-Road Motorcycle Market Key Company Reviewed In Report:
ROKON (U.S.), Torrot (Spain), Husqvarna Motorcycles GmbH (Sweden), Alta Motors (California), Betamotor (Italy), Sherco (Spain), TRS Motorcycles (U.S.), Kuberg (Czech Republic), Honda (Japan), Chritini Technologies (U.S.), KTM (Austria), Kawasaki Motorcorp (U.S.) and Suzuki motors (Japan).
Get Sample Copy of “Off-Road Motorcycle Market Research Report- Forecast 2023” At: https://www.marketresearchfuture.com/sample_request/5581
Off-Road Motorcycle Market Synopsis:
Off-road motorcycle refers to the non-road licensed motorcycle that are used for the recreational purpose or for riding off-the-road. They can be driven on all-terrain roads including trail roads and others. They are most prepared in racing course, competitions, and adventure.
One primary driver propelling the growth of this market is innovation in suspension control systems. The advanced suspension ability of off-road motorcycles is a key factor driving the growth of the market. Technological evolution in this field has had a favorable impact on the market, and active efforts and investments by manufacturers to enhance the performance of suspension systems during the forecast period. In many countries across the globe, off-road motorcycles have gained a cult among the urban population. The increasing environmental awareness amongst the people has also propelled the demand for zero emission electric and solar powered Off-Road Motorcycles.
The market is driven by various factors such as rising number of off-road motorcycle training centres, funds generated from off-road charity events, rising demand for diesel powered & electric off-road motorcycles, and rising demand in defense sectors. There have been various off-road motorcycle training centres developed in order to provide training awareness about the skill required for driving the vehicle. Training centre such as MotoMark1 Motorcycle Training School (North Carolina), Black Swan Moto Off-Road Training Program (California), BMW Performance Center Off-Road Motorcycle Training (South Carolina), Advanced Rider Training Program (British Columbia), Enduropark Aras Rural Off-Road School (Valencia), Academy of Off-Road Riding (New South Wales, Victoria), Enduro Park Hechlingen Off-Road Training (Heidenheim), and among others have been developed to provide training to the riders.
Off-Road Motorcycle Market Segmentation:
The global Off-Road motorcycle market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Type:
Off-road motorcycle market is segmented by type, which are dirt bikes, trial bikes, enduro bikes, kid’s motorbikes, adventure bikes, and others. Amongst this, the trial bikes segment is projected to lead the market. These are used for off-road and recreational riding which test the balancing skills rather than focus on the speed. A trial bike is not used in competitions. They have dual-purpose tires with equipment such as mirrors, indicators, and others.
Segmentation by Application:
By application, the market has been segmented as recreational and defence. Amongst these, recreational segment is expected to account for the largest market share in the Off-Road Motorcycles market. Off-road motorcycles for recreational purposes act as a low-cost option for consumers who wish to operate their motorcycles for off-road recreation on country roads and areas that require minimum construction standards. Recreational off-road motorcycles are subjected to various standards, which include general construction, exhaust noise requirements, general safety requirements and others. The recreational segment for off-road motorcycles accounts for a major market share during the forecast period mainly due to the growing popularity among individuals for the same.
Off-Road Motorcycle Market Regional Analysis:
Asia Pacific have dominated the market during the forecast period due to the changing preference of customer from mileage to vehicle looks and features. The market is Asia Pacific is growing due to increase in population, rapid industrialization, and aggressive expansion of manufacturing sector.
Europe accounted for the second largest market due to various government initiative taken by the European government. There has been increase in demand of mobility by the customers. . Mobility will be the major factor contributing to the growth of the region during the forecast period. There has been increase in the training centre development in Europe due to which people will be aware about the skills requirements and get riding experience. This will led to growth of the market during the forecast period.
Off-Road Motorcycle Industry Developments:
In Nov 2017, Gas Gas launched Torrot Movak, which is the first electric trail bike.
In Feb 2018, Husqvarna Motorcycles partnered with Motorex to use Motores oils in all models in their production line.
In 2015, Alta Motor has developed high performance off-road electric motorcycle Redshift MXR.
Major Table of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Browse more details on this report at: https://www.marketresearchfuture.com/reports/off-road-motorcycle-market-5581
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar