The revenue in the motorcycles market in Vietnam was forecast to increase between 2024 and 2029 by in total 0.3 billion U.S. dollars (+5.55 percent). This overall increase does not happen continuously, notably not in 2027. The revenue is estimated to amount to 5.69 billion U.S. dollars in 2029.
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Revenue of the motorcycles market in Vietnam from 2016 to 2029
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Data provided by Statista Market Insights are estimates.
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.
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Statista. (October 8, 2024). Revenue of the motorcycles market in Vietnam from 2016 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/forecasts/1279572/vietnam-revenue-motorcycle-market
Statista. "Revenue of the motorcycles market in Vietnam from 2016 to 2029 (in billion U.S. dollars)." Chart. October 8, 2024. Statista. Accessed February 19, 2025. https://www.statista.com/forecasts/1279572/vietnam-revenue-motorcycle-market
Statista. (2024). Revenue of the motorcycles market in Vietnam from 2016 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/forecasts/1279572/vietnam-revenue-motorcycle-market
Statista. "Revenue of The Motorcycles Market in Vietnam from 2016 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 8 Oct 2024, https://www.statista.com/forecasts/1279572/vietnam-revenue-motorcycle-market
Statista, Revenue of the motorcycles market in Vietnam from 2016 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1279572/vietnam-revenue-motorcycle-market (last visited February 19, 2025)
Revenue of the motorcycles market in Vietnam from 2016 to 2029 (in billion U.S. dollars) [Graph], Statista, October 8, 2024. [Online]. Available: https://www.statista.com/forecasts/1279572/vietnam-revenue-motorcycle-market
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