Over the last two observations, the revenue is forecast to significantly increase in all segments. As part of the positive trend, the indicator reaches the maximum value for all two different segments at the end of the comparison period. Particularly noteworthy is the segment On-road Motorcycles, which has the highest value of 9.36 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 Market Insights. (June 11, 2024). Revenue in the Motorcycles market for different segments Thailand from 2016 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/forecasts/1443101/revenue-motorcycles-market-for-different-segments-thailand
Statista Market Insights. "Revenue in the Motorcycles market for different segments Thailand from 2016 to 2029 (in billion U.S. dollars)." Chart. June 11, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/forecasts/1443101/revenue-motorcycles-market-for-different-segments-thailand
Statista Market Insights. (2024). Revenue in the Motorcycles market for different segments Thailand from 2016 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/forecasts/1443101/revenue-motorcycles-market-for-different-segments-thailand
Statista Market Insights. "Revenue in The Motorcycles Market for Different Segments Thailand from 2016 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Jun 2024, https://www.statista.com/forecasts/1443101/revenue-motorcycles-market-for-different-segments-thailand
Statista Market Insights, Revenue in the Motorcycles market for different segments Thailand from 2016 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1443101/revenue-motorcycles-market-for-different-segments-thailand (last visited November 05, 2024)
Revenue in the Motorcycles market for different segments Thailand from 2016 to 2029 (in billion U.S. dollars) [Graph], Statista Market Insights, June 11, 2024. [Online]. Available: https://www.statista.com/forecasts/1443101/revenue-motorcycles-market-for-different-segments-thailand