On-road Motorcycles - EMEA

EMEA

The On-road Motorcycles market market in EMEA is expected to generate a revenue of US$16.94bn in 2024.
It is projected to experience an annual growth rate of 4.17% (CAGR 2024-2029), resulting in a market volume of US$20.78bn by 2029.
The unit sales of On-road Motorcycles market in this market are expected to reach 2.71m motorcyles in 2029.
The volume weighted average price of On-road Motorcycles market in 2024 is estimated to be US$7.22k.
When considering the international market, India is forecasted to generate the highest revenue, amounting to US$21,500.00m in 2024.
In EMEA, the demand for on-road motorcycles in Germany is driven by a strong culture of motorcycle enthusiasts and a well-developed infrastructure for motorcycle tourism.

Key regions: Nigeria, United States, Spain, Vietnam, Indonesia

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.