Off-road Motorcycles - LATAM
LATAM- In 2024, the Off-road Motorcycles market market in LATAM is projected to reach a revenue of US$3.58bn.
- It is expected to exhibit an annual growth rate (CAGR 2024-2029) of 5.60%, resulting in a projected market volume of US$4.71bn by 2029.
- By 2029, unit sales of Off-road Motorcycles market are expected to reach 1.04m motorcyles.
- The volume weighted average price of Off-road Motorcycles market in 2024 is projected to amount to US$4.41k.
- From an international perspective, Brazil is anticipated to generate the highest revenue in the Off-road Motorcycles market market, with US$1.36bn in 2024.
- In LATAM, the off-road motorcycle market is experiencing a surge in popularity due to the region's rugged terrain and growing interest in adventure sports.
- Key regions:
- Germany,
- Italy,
- United States,
- Portugal,
- Spain
Off-road Motorcycles are sometimes called dirt bikes and are designed specifically for off-road events on surfaces which are not conventionally paved. Some of these surfaces are made of sand, gravel, snow, or mud. Off-road Motorcycles are characterized by their light weight and flexible nature as well as by a high ground clearance, long travel suspension, additional torque, and knobby tires. Motorcycles in this segment can often be found at motocross, enduro, rally-raid, trail, or track-racing events. Regarding engine capacity, Off-road Motorcycles can range from 50cc to as high as 750cc.
In-Scope
- Off-road motorcycles or dirt bikes
- Motocross motorcycles
- Enduro motorcycles
- Trail motorcycles
- Track-racing motorcycles
Out-Of-Scope
- Mopeds and scooters
- Buses, Vans and Trucks
- On-road motorcycles such as sports bikes
- Dual-purpose motorcycles such as supermotos or adventure-tourers
