Over the forecast period until 2029, the revenue is forecast to exhibit fluctuations among the three segments. Overall, the indicator appears to follow a positive trend, as there are more increasing values than decreasing values expected in the individual segments until 2029. Among them, the segment On-road Motorcycles achieves the relatively highest value throughout the entire period, reaching 1 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. (June 11, 2024). Annual revenue in the motorcycle market in Turkey from 2016 to 2024, with forecasts until 2029, by segment (in million U.S. dollars) [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey
Statista. "Annual revenue in the motorcycle market in Turkey from 2016 to 2024, with forecasts until 2029, by segment (in million U.S. dollars)." Chart. June 11, 2024. Statista. Accessed July 23, 2024. https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey
Statista. (2024). Annual revenue in the motorcycle market in Turkey from 2016 to 2024, with forecasts until 2029, by segment (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey
Statista. "Annual Revenue in The Motorcycle Market in Turkey from 2016 to 2024, with Forecasts until 2029, by Segment (in Million U.S. Dollars)." Statista, Statista Inc., 11 Jun 2024, https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey
Statista, Annual revenue in the motorcycle market in Turkey from 2016 to 2024, with forecasts until 2029, by segment (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey (last visited July 23, 2024)
Annual revenue in the motorcycle market in Turkey from 2016 to 2024, with forecasts until 2029, by segment (in million U.S. dollars) [Graph], Statista, June 11, 2024. [Online]. Available: https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey