The indicator 'Unit Sales' in the motorcycles market in India was forecast to continuously increase between 2024 and 2029 by in total 2.5 million motorcycles (+15.34 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 18.8 million motorcycles and therefore a new peak in 2029.
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 Market Insights. (June 11, 2024). Volume in the motorcycles market India from 2016 to 2029 (in million motorcycles) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/forecasts/1436084/volume-motorcycles-motorcycles-market-india
Statista Market Insights. "Volume in the motorcycles market India from 2016 to 2029 (in million motorcycles)." Chart. June 11, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/forecasts/1436084/volume-motorcycles-motorcycles-market-india
Statista Market Insights. (2024). Volume in the motorcycles market India from 2016 to 2029 (in million motorcycles). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/forecasts/1436084/volume-motorcycles-motorcycles-market-india
Statista Market Insights. "Volume in The Motorcycles Market India from 2016 to 2029 (in Million Motorcycles)." Statista, Statista Inc., 11 Jun 2024, https://www.statista.com/forecasts/1436084/volume-motorcycles-motorcycles-market-india
Statista Market Insights, Volume in the motorcycles market India from 2016 to 2029 (in million motorcycles) Statista, https://www.statista.com/forecasts/1436084/volume-motorcycles-motorcycles-market-india (last visited August 24, 2024)
Volume in the motorcycles market India from 2016 to 2029 (in million motorcycles) [Graph], Statista Market Insights, June 11, 2024. [Online]. Available: https://www.statista.com/forecasts/1436084/volume-motorcycles-motorcycles-market-india