Volume in the Motorcycles market for different segments Vietnam 2016-2029

In 2029, the number of unit sales is forecast to significantly decrease in all segments compared to the previous time point. Concerning the three selected segments, the segment On-road Motorcycles has the largest amount of unit sales with 1.8 million motorcycles. Contrastingly, Piaggio is ranked last, with 28.99 thousand motorcycles. Their difference, compared to On-road Motorcycles, lies at 1.8 million motorcycles.

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Volume in the Motorcycles market for different segments Vietnam from 2016 to 2029 (in thousand motorcycles)

Characteristic	On-road Motorcycles	Scooters	Piaggio
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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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