Off-road Motorcycles - APAC

APAC

The Off-road Motorcycles market market in APAC is projected to generate a revenue of US$1.16bn in 2024.
It is anticipated that the revenue will experience a compound annual growth rate (CAGR 2024-2029) of 1.51%.
This growth trajectory will result in a projected market volume of US$1.25bn by 2029.
Furthermore, it is expected that the unit sales of Off-road Motorcycles market in APAC will reach 230.30k motorcyles by 2029.
In 2024, the volume weighted average price of Off-road Motorcycles market in APAC is forecasted to be US$5.28k.
When considering the international market, it is notable that Brazil is expected to generate the highest revenue in the Off-road Motorcycles market market, amounting to US$1,364.00m in 2024.
In APAC, the off-road motorcycle market is thriving, with a growing demand for rugged, high-performance bikes in countries like Australia and Japan.

Key regions: Germany, Italy, United States, Portugal, Spain

Market

Region

Region comparison

Currency

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on motorcycle sales and revenue excluding scooters/mopeds under 50cc category.

Modeling approach / Market size:

Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use manufacturer websites, national statistics offices, motorcycle associations, motorcycles sales websites. Next we use relevant key market indicators and data from country-specific associations such as GDP per capita, consumer price index, consumer spending, and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the forecasting is done on a make level for Motorcycles, using a mix of standard approaches, e.g., exponential smoothing, and uses parameters which best fit the historical data. The main drivers are GDP per capita, consumer price index, consumer spending, and population.

Additional Notes:

The market is updated once a year.