Off-road Motorcycles - Netherlands

Netherlands

Highlights

In the Netherlands, the Off-road Motorcycles market segment is expected to generate a revenue of US$48.70m in 2024.
This projection indicates an annual growth rate (CAGR 2024-2029) of 37.57%, resulting in a market volume of US$240.00m by 2029.
By that year, unit sales in the Off-road Motorcycles market segment are expected to reach 25.07k motorcyles.
The volume weighted average price of Off-road Motorcycles market in 2024 is projected to be US$9.29k.
When looking at the international perspective, Brazil is anticipated to generate the highest revenue in the Off-road Motorcycles market segment, reaching US$1.36bn in 2024.
The Netherlands has seen a surge in demand for off-road motorcycles due to the country's extensive network of off-road trails and tracks.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Off-road Motorcycles market in Netherlands is experiencing significant growth due to several key factors.

Customer preferences: Customers in Netherlands have shown a growing interest in off-road motorcycles, seeking adventure and thrill in their recreational activities. The popularity of off-road motorcycling has been fueled by the country's diverse and picturesque landscapes, which provide ample opportunities for off-road riding. Additionally, the younger generation is increasingly drawn to the off-road motorcycle culture, as it aligns with their desire for outdoor experiences and active lifestyles.

Trends in the market: One of the prominent trends in the Off-road Motorcycles market in Netherlands is the increasing demand for electric off-road motorcycles. As environmental consciousness grows, customers are looking for more sustainable alternatives to traditional gasoline-powered bikes. Electric off-road motorcycles offer a quieter and cleaner riding experience, making them attractive to both environmentally conscious riders and those living in areas with noise restrictions. This trend is in line with the global shift towards electric vehicles and reflects the Netherlands' commitment to sustainability. Another trend in the market is the rise of off-road motorcycle tours and events. Tour operators and event organizers are capitalizing on the growing interest in off-road motorcycling by offering guided tours and organizing competitions. These tours and events provide riders with the opportunity to explore new terrains, improve their skills, and connect with fellow enthusiasts. The popularity of off-road motorcycle tours and events contributes to the overall growth of the market in Netherlands.

Local special circumstances: The Netherlands has a well-developed network of off-road trails and tracks, making it an attractive destination for off-road motorcycling. The country's diverse landscapes, including forests, dunes, and open fields, offer a wide range of terrains for riders to explore. Moreover, the Dutch government has implemented policies to regulate and promote off-road motorcycling, ensuring the safety of riders and minimizing the impact on the environment. These factors create a favorable environment for the growth of the Off-road Motorcycles market in Netherlands.

Underlying macroeconomic factors: The growth of the Off-road Motorcycles market in Netherlands can also be attributed to favorable macroeconomic conditions. The country has a strong economy and high disposable income levels, allowing individuals to invest in recreational activities like off-road motorcycling. Additionally, the Netherlands has a well-developed transportation infrastructure, making it easy for riders to access off-road trails and tracks. The combination of a robust economy and convenient transportation contributes to the increasing demand for off-road motorcycles in the country. In conclusion, the Off-road Motorcycles market in Netherlands is experiencing growth due to customer preferences for adventure and outdoor activities, the rising demand for electric motorcycles, the popularity of off-road tours and events, the availability of off-road trails and tracks, and favorable macroeconomic conditions. These factors collectively contribute to the expansion of the market and indicate a positive outlook for the future of off-road motorcycling in Netherlands.

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.