Global: motorcycles market revenue 2016-2029

The global revenue in the motorcycles market was forecast to continuously increase between 2024 and 2029 by in total 28.4 billion U.S. dollars (+19.2 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 176.25 billion U.S. dollars and therefore a new peak in 2029.

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Revenue of the motorcycles market worldwide from 2016 to 2029 (in billion U.S. dollars)

Characteristic	Revenue in billion U.S. dollars
2029	176.25
2028	167.67
2027	165.08
2026	156.45
2025	154.04
2024	147.89
2023	139.57
2022	135.87
2021	130.72
2020	116.49
2019	123.52
2018	120.51
2017	115.78
2016	107.24

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Release date

October 2024

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Region

Worldwide

Survey time period

2016 to 2029

Supplementary notes

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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