The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue achieves the maximum value across all three different segments by the end of the comparison period. Notably, the segment On-road Motorcycles stands out with the highest value of 6.67 billion U.S. dollars.
Data provided by Statista Market Insights are estimates.
The Motorcycles Market provides information about motorcycles and their respective makes. It excludes passenger cars, commercial cars, buses, trucks and large vans as well as utility light utility vehicles. We currently provide information on a make level, but in the future, we would expand our market segmentation to include a segmentation by usage or motorcycle capacity.
Background: The motorcycle industry’s sales are closely connected to economic stability, and dramatic fluctuations, like the financial crisis of the late 2000s, force manufactures to reexamine their strategies and adapt to new market trends. One additional factor that is currently driving changes in the industry is environmental concerns, and this is influencing an increase in the production and use of electric motorcycles.
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Statista. (October 8, 2024). Revenue of the motorcycle market in the United States from 2018 to 2029, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 14, 2024, from https://www.statista.com/forecasts/1268074/us-revenue-motorcycle-market-segment
Statista. "Revenue of the motorcycle market in the United States from 2018 to 2029, by segment (in billion U.S. dollars)." Chart. October 8, 2024. Statista. Accessed December 14, 2024. https://www.statista.com/forecasts/1268074/us-revenue-motorcycle-market-segment
Statista. (2024). Revenue of the motorcycle market in the United States from 2018 to 2029, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 14, 2024. https://www.statista.com/forecasts/1268074/us-revenue-motorcycle-market-segment
Statista. "Revenue of The Motorcycle Market in The United States from 2018 to 2029, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 8 Oct 2024, https://www.statista.com/forecasts/1268074/us-revenue-motorcycle-market-segment
Statista, Revenue of the motorcycle market in the United States from 2018 to 2029, by segment (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1268074/us-revenue-motorcycle-market-segment (last visited December 14, 2024)
Revenue of the motorcycle market in the United States from 2018 to 2029, by segment (in billion U.S. dollars) [Graph], Statista, October 8, 2024. [Online]. Available: https://www.statista.com/forecasts/1268074/us-revenue-motorcycle-market-segment