Significant fluctuations are estimated for all segments over the forecast period for the revenue. Overall, the revenue appears to follow a positive trend, as there are more increasing values than decreasing values expected in the individual segments until 2029. Among them, the segment On-road Motorcycles achieves the relatively highest value throughout the entire period, reaching 1 billion U.S. dollars.
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Annual revenue in the motorcycle market in Turkey from 2016 to 2024, with forecasts until 2029, by segment
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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). Annual revenue in the motorcycle market in Turkey from 2016 to 2024, with forecasts until 2029, by segment (in million U.S. dollars) [Graph]. In Statista. Retrieved December 29, 2024, from https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey
Statista. "Annual revenue in the motorcycle market in Turkey from 2016 to 2024, with forecasts until 2029, by segment (in million U.S. dollars)." Chart. October 8, 2024. Statista. Accessed December 29, 2024. https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey
Statista. (2024). Annual revenue in the motorcycle market in Turkey from 2016 to 2024, with forecasts until 2029, by segment (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 29, 2024. https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey
Statista. "Annual Revenue in The Motorcycle Market in Turkey from 2016 to 2024, with Forecasts until 2029, by Segment (in Million U.S. Dollars)." Statista, Statista Inc., 8 Oct 2024, https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey
Statista, Annual revenue in the motorcycle market in Turkey from 2016 to 2024, with forecasts until 2029, by segment (in million U.S. dollars) Statista, https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey (last visited December 29, 2024)
Annual revenue in the motorcycle market in Turkey from 2016 to 2024, with forecasts until 2029, by segment (in million U.S. dollars) [Graph], Statista, October 8, 2024. [Online]. Available: https://www.statista.com/forecasts/1424692/revenue-motorcycles-market-for-different-segments-turkey
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