Off-road Motorcycles - EMEA

EMEA

In the EMEA region, the Off-road Motorcycles market market is poised for significant growth.
According to projections, revenue is expected to reach a staggering US$3.56bn by the year 2024.
This growth is anticipated to continue at a steady pace, with an estimated annual growth rate of 3.90% between 2024 and 2029.
As a result, the market volume is projected to reach an impressive US$4.31bn by the end of 2029.
In terms of unit sales, the Off-road Motorcycles market market is forecasted to reach 0.68m motorcyles units by 2029.
This indicates a strong demand for these vehicles in the EMEA region.
When considering the pricing aspect, the volume weighted average price of Off-road Motorcycles market in 2024 is expected to be US$6.04k.
This figure reflects the average price at which these motorcycles are sold in the market.
Furthermore, when looking at the international landscape, it is evident that Brazil will be a key player in generating revenue in the Off-road Motorcycles market market.
In 2024 alone, Brazil is projected to generate a substantial revenue of US$1,364.00m.
These numbers highlight the immense potential and growth opportunities within the Off-road Motorcycles market market in the EMEA region.
With increasing revenue, steady growth rates, and strong demand, this market segment is set to thrive in the coming years.
In the EMEA region, the demand for off-road motorcycles in Germany is on the rise, driven by the country's rich motorsports culture and expansive trail networks.

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.