Key regions: Spain, Nigeria, Italy, Portugal, United States
The Off-road Motorcycles market in Germany has been experiencing significant growth in recent years.
Customer preferences: German consumers have shown a strong preference for off-road motorcycles, as they are known for their durability and versatility. These motorcycles are designed to handle rough terrains and provide an exhilarating riding experience. Additionally, off-road motorcycles are popular among adventure enthusiasts and outdoor enthusiasts who enjoy exploring the countryside and participating in off-road competitions.
Trends in the market: One of the key trends in the Off-road Motorcycles market in Germany is the increasing demand for electric off-road motorcycles. As consumers become more environmentally conscious, there is a growing interest in electric vehicles, including motorcycles. Electric off-road motorcycles offer several advantages such as lower operating costs, reduced noise pollution, and zero emissions. Manufacturers have been quick to respond to this trend by introducing a wide range of electric off-road motorcycles to cater to the changing preferences of consumers. Another trend in the market is the rising popularity of off-road motorcycle tours and adventure trips. Tour operators are organizing guided tours and trips for enthusiasts to explore the scenic landscapes of Germany on off-road motorcycles. These tours provide a unique experience for riders to test their skills and enjoy the thrill of off-road riding while also appreciating the natural beauty of the country. This trend has contributed to the overall growth of the off-road motorcycle market in Germany.
Local special circumstances: Germany has a well-developed network of off-road trails and tracks, making it an ideal destination for off-road motorcycle enthusiasts. The country offers a diverse range of terrains, including forests, mountains, and open fields, providing riders with a variety of options to explore. The presence of dedicated off-road parks and tracks further enhances the riding experience for enthusiasts.
Underlying macroeconomic factors: Germany has a strong economy and a high standard of living, which has contributed to the growth of the off-road motorcycle market. As disposable incomes have increased, consumers have been able to afford recreational vehicles such as off-road motorcycles. Moreover, the country has a well-established motorcycling culture, with a large number of enthusiasts and clubs, which has further fueled the demand for off-road motorcycles. In conclusion, the Off-road Motorcycles market in Germany is witnessing growth due to customer preferences for durable and versatile motorcycles, the increasing demand for electric off-road motorcycles, the popularity of off-road motorcycle tours and adventure trips, the presence of a well-developed network of off-road trails and tracks, and the country's strong economy and motorcycling culture.
Data coverage:
Data encompasses B2C enterprises. Figures are based on motorcycle sales and revenue excluding scooters/mopeds under 50cc category.Modeling approach / Market size:
Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use manufacturer websites, national statistics offices, motorcycle associations, motorcycles sales websites. Next we use relevant key market indicators and data from country-specific associations such as GDP per capita, consumer price index, consumer spending, and population. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the forecasting is done on a make level for Motorcycles, using a mix of standard approaches, e.g., exponential smoothing, and uses parameters which best fit the historical data. The main drivers are GDP per capita, consumer price index, consumer spending, and population.Additional Notes:
The market is updated once a year.
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