Vietnam: motorcycle manufacturers market share

In 2020, the volume of motorcycles sold in Vietnam lay at around 2.4 million units. Over 72 percent of these sales were of Honda motorcycles. The only other brand with a significant market share in the country was Yamaha with over 25 percent.

Market share of motorcycle manufacturers in Vietnam in 2022, based on unit sales

Characteristic	Market share
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Supplementary notes

Data provided by Statista Market Outlooks 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.

All figures are estimate. A detailed methodology can be found in the Statista Market Outlook.

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