Off-road Motorcycles - MENA

  • MENA
  • The Off-road Motorcycles market market in the MENA region is anticipated to generate a revenue of US$0.47bn by the year 2024.
  • This projection suggests an annual growth rate (CAGR 2024-2029) of 2.43%, leading to a market volume of US$0.53bn by 2029.
  • The unit sales of Off-road Motorcycles market are expected to reach 113.80k motorcyles in 2029.
  • It is estimated that the volume weighted average price of Off-road Motorcycles market in 2024 will be US$4.56k.
  • In terms of international performance, Brazil is forecasted to generate the highest revenue in the Off-road Motorcycles market market, amounting to US$1,364.00m in 2024.
  • In MENA, the off-road motorcycle market is booming, with high demand for rugged and durable bikes suitable for desert terrains.

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

 
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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.

Overview

  • Unit Sales
  • Revenue
  • Price
  • Global Comparison
  • Methodology
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