Honda worldwide motorcycle sales 2011-2024

Honda sold around 18.7 million motorcycles worldwide in the fiscal year 2024. This is a year-on-year rise of 0.3 percent compared to the company's 2023 sales volume. Honda's motorcycle sales declined for the first time in five years in 2020, after demonstrating an upward trend between 2016 and 2019.

Among the leading brands in key markets

Pakistan, India, Vietnam, and the United States are among Honda’s largest target markets. At the end of the 2023 fiscal year, Honda Motorcycles and Scooters held about 25 percent of the motorcycle market in India. In 2023, North American Honda sales reached approximately 459,000 units, making it the second leading regional market . The Honda Motor Corporation is one of the largest motorcycle manufacturers in the United States and worldwide.

Trailing the automobile business

Honda's revenue generated through motorcycle sales fell short of the automobile business. Motorcycles accounted for around 15 percent of overall revenue streams. This figure compares to close to 70 percent attributable to the company’s automobile business. Overall, Honda’s revenue rose by about 20.8 percent in the financial year ended March 31, 2023. This increase and the jump in unit sales can both be linked to demand picking back up after the national lockdowns in 2020, which were linked to the COVID-19 pandemic.