Revenue in the Motorcycles market for different segments Taiwan 2016-2029

Over the last two observations, the revenue is forecast to significantly increase in all segments. Comparing the two different segments for the year 2029, the segment 'Scooters' leads the ranking with 2.3 billion U.S. dollars. Contrastingly, 'On-road Motorcycles' is ranked last, with 779.74 million U.S. dollars. Their difference, compared to Scooters, lies at 1.5 billion U.S. dollars.

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Revenue in the Motorcycles market for different segments Taiwan from 2016 to 2029 (in million U.S. dollars)

Characteristic	Scooters	On-road Motorcycles
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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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