The Motorcycles Market provides information about motorcycles and their respective makes. It excludes passenger cars, commercial cars, buses, trucks and large vans as well as utility light utility vehicles. We currently provide information on a make level, but in the future, we would expand our market segmentation to include a segmentation by usage or motorcycle capacity.
Background:
The motorcycle industry’s sales are closely connected to economic stability, and dramatic fluctuations, like the financial crisis of the late 2000s, force manufactures to reexamine their strategies and adapt to new market trends. One additional factor that is currently driving changes in the industry is environmental concerns, and this is influencing an increase in the production and use of electric motorcycles.
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
The Motorcycles market in Slovenia has been experiencing significant growth in recent years, driven by changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Motorcycles market in Slovenia have shifted towards more fuel-efficient and environmentally friendly vehicles. This can be attributed to increasing awareness of climate change and the need for sustainable transportation options. As a result, there has been a growing demand for electric motorcycles and scooters, which offer lower emissions and reduced fuel consumption compared to traditional gasoline-powered motorcycles. Trends in the market also reflect the changing needs and preferences of customers in Slovenia. One notable trend is the rise of urban mobility solutions, such as lightweight and compact motorcycles designed for city commuting. These motorcycles offer convenience, maneuverability, and cost-effectiveness, making them popular among urban dwellers who are looking for efficient ways to navigate through traffic and limited parking spaces. Another trend in the Motorcycles market in Slovenia is the increasing popularity of adventure and off-road motorcycles. This can be attributed to the country's diverse terrain, which includes mountains, forests, and rural areas that are ideal for off-road riding. Adventure motorcycles offer the versatility and durability needed to explore these challenging terrains, attracting outdoor enthusiasts and adventure seekers. Local special circumstances also play a role in shaping the Motorcycles market in Slovenia. The country has a strong motorcycle culture, with a significant number of enthusiasts and clubs organizing events and gatherings. This creates a sense of community and fosters a passion for motorcycles, driving the demand for various types of motorcycles and related accessories. Underlying macroeconomic factors further contribute to the growth of the Motorcycles market in Slovenia. The country has experienced steady economic growth in recent years, leading to increased disposable income and consumer spending. This has allowed more individuals to afford motorcycles and invest in their leisure activities, including motorcycle riding. In conclusion, the Motorcycles market in Slovenia is developing in response to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The shift towards fuel-efficient and environmentally friendly vehicles, the rise of urban mobility solutions, the popularity of adventure and off-road motorcycles, the strong motorcycle culture, and the country's economic growth all contribute to the growth of the market.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
Most recent update: Oct 2024
Source: Statista Market Insights
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights