Motorcycles Market (2025-2031) | Growth, Industry, Size, Value, Companies, Analysis, Share, Outlook, Forecast, Trends & Revenue

Motorcycles Market Highlights

Report Name	Motorcycles Market
Report Category / Coverage	Global
Forecast Period	2025-2031
CAGR	6.2%
Market Size	USD 189 billion by 2031
Growing Sector	Electric motorcycle

Topics Covered in the Motorcycles Market Report

Motorcycles Market report thoroughly covers the by engine capacity, by product type, and by region. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Motorcycles Market Size Analysis

The Motorcycles Market has been experiencing significant growth over the past few years. As of 2025, the global market is valued at approximately $124 billion. Further, the Global Market is projected to expand at a CAGR of 6.2% from 2025 to 2031. Additionally, by 2031, the market size is expected to reach around $189 billion.

Motorcycles Market Synopsis

The motorcycles market has experienced significant growth over the past few years, driven by increasing consumer demand for fuel-efficient and cost-effective transportation solutions. The rise of urbanization and the need for personal mobility has further spurred the market, leading to innovations in electric motorcycles and eco-friendly technologies. Key players in the industry are focusing on expanding their product portfolios and enhancing the features of their offerings to cater to the evolving preferences of riders. Additionally, advancements in safety features and the integration of smart technology are poised to revolutionize the motorcycles market.

According to 6Wresearch, the Motorcycles Market revenue is expected to reach at a significant CAGR of 6.2% during the forecast period 2025-2031. The motorcycle market is driven by several key factors, including the growing demand for fuel-efficient and affordable transportation options, particularly in urban areas beset by traffic congestion. Motorcycles offer a convenient solution for navigating busy streets and are often more economical than cars in terms of purchase price, maintenance, and fuel consumption. Additionally, the increasing popularity of e-commerce has boosted the demand for motorcycles used in delivery services, further propelling market growth.

Safety concerns remain a significant issue, as motorcycles provide less protection than cars, resulting in higher risks of accidents and fatalities. Moreover, stringent government regulations regarding emissions and safety standards can pose obstacles for manufacturers. Environmental concerns related to traditional combustion engines have also prompted a shift towards electric motorcycles, which requires substantial investment in new technologies and infrastructure. Balancing these challenges while tapping into growth opportunities continues to shape the strategic directions of companies within the motorcycle industry.

Motorcycles Market Trends

• Increasing Popularity of Electric Motorcycles – As environmental concerns grow, there is a noticeable shift toward electric motorcycles. These vehicles offer an eco-friendly alternative to traditional gas-powered bikes, and advancements in battery technology have improved their range and performance.
• Technological Advancements – Modern motorcycles are incorporating advanced technologies such as anti-lock braking systems (ABS), traction control, and connectivity features like smart dashboards and smartphone integration.
• Impact of Ride-Sharing and Rental Services - Ride-sharing platforms and motorcycle rental services are gaining traction, allowing individuals to access motorcycles without owning one, thus increasing market exposure and adoption.

Investment Opportunities in the Motorcycles Market

• Customization and Premium Segments – There is a growing trend of consumers seeking personalized and high-end motorcycles. Manufacturers and retailers catering to this niche market segment can expect to see increased profitability through higher margins on premium products.
• Rental and Sharing Services – The rise of sharing economy models has reached the motorcycle market with rental and sharing services gaining popularity, especially in urban areas. Investing in or developing platforms that facilitate these services can be a promising venture amid changing consumer behaviours.
• Aftermarket and Accessories - The aftermarket for motorcycle parts and accessories provides a steady income stream for businesses involved. Investors may find opportunities in companies specializing in upgrades, customization parts, and lifestyle gear that cater to a passionate customer base.

Leading Players of the Motorcycles Market

Companies such as Honda Motor, Yamaha, Harley-Davidson, Suzuki and Kawasaki known for its wide range of motorcycles that cater to both urban commuters and adventure seekers. These companies continuously push the boundaries of technology and design, shaping the future of motorcycling while maintaining a strong connection with their respective brand traditions. there has been a rise in the popularity of electric motorcycles, with companies like Zero Motorcycles and Energica leading the way. These companies offer eco-friendly alternatives to traditional gasoline-powered bikes, providing riders with an exhilarating experience while reducing their carbon footprint.

Government Regulations Introduced in the Motorcycles Market

Governments around the world have introduced a series of regulations aimed at enhancing safety, reducing emissions, and improving the overall efficiency of motorcycles. These regulations often mandate stringent emission standards to combat pollution, with many regions adopting standards similar to the Euro 5 emission regulations that promote cleaner and more efficient engines. Additionally, safety measures such as mandatory ABS (Anti-lock Braking System) have been enforced to reduce accident rates and enhance rider safety. Furthermore, some governments are encouraging the adoption of electric motorcycles by providing incentives and developing infrastructure to support electric vehicle use.

Future Insights of the Motorcycles Market

The future of the motorcycles market is poised for transformative growth, driven by technological advancements and shifting consumer preferences. Electric motorcycles are becoming increasingly prominent as manufacturers focus on sustainability and reducing carbon emissions, offering new models with longer ranges and faster charging capabilities. Additionally, the integration of smart technologies such as enhanced safety systems, connectivity features, and advanced materials will redefine the riding experience, making it more enjoyable and secure. As urbanization continues, the demand for efficient and cost-effective modes of transportation will likely boost the popularity of motorcycles, particularly in densely populated cities.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Sports to Dominate the Market - By product type

According to Ravi Bhandari, Research Head, 6wresearch, the motorcycle market has seen substantial growth with the increasing popularity of sports bikes, which are designed for speed, agility, and performance. Unlike traditional motorcycles, sports bikes are engineered with advanced aerodynamics and lightweight materials to enhance their racing capabilities. This segment of the market attracts a wide range of enthusiasts, from professional racers to casual riders who appreciate the adrenaline rush. Manufacturers continuously innovate to improve aspects such as engine power, braking systems, and suspension to meet the demands of competitive sports.

126-250 cc to dominate the market - By engine capacity

The 126-250 cc segment in the motorcycle market is particularly popular among urban commuters and entry-level enthusiasts. Motorcycles in this category offer a balance between power and fuel efficiency, making them an ideal choice for navigating city streets and tackling longer rides on open roads. These bikes commonly feature lightweight frames, which contribute to their maneuverability, while also offering sufficient speed and acceleration to satisfy the needs of most casual riders. Additionally, this segment typically includes a variety of styles, from sporty models to classic cruisers, providing options to suit a wide range of personal preferences and riding styles.

APAC to dominate the market – By region

The Asia-Pacific (APAC) region is a thriving hub in the global motorcycle market, experiencing rapid growth and innovation. This expansion is fueled by several factors, including rising urbanization, increasing disposable incomes, and a growing demand for efficient and affordable transportation. Countries such as India, China, and Indonesia lead this surge due to their vast populations and evolving transportation needs. These markets are also at the forefront of adopting electric motorcycles as environmental concerns rise and governments implement stricter emission regulations.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Motorcycle Market Outlook
• Motorcycle Market Overview
• Motorcycle Market Forecast
• Historical Data for the period 2021-2031 and Market Forecast of Motorcycle Market Revenues until 2031
• Historical Data for the period 2021-2031 and Market Forecast of the market until 2031, By Product Types
• Historical Data for the period 2021-2031 and Market Forecast of the market until 2031, By Engine Type
• Historical Data for the period 2021-2031 and Market Forecast of the market until 2031, By Regions
• Historical Data for the period 2021-2031 and Market Forecast until 2031 for Latin America Motorcycle Market
• Historical Data for the period 2021-2031 and Market Forecast until 2031 for North America Motorcycle Market
• Historical Data for the period 2021-2031 and Market Forecast until 2031 for Europe Motorcycle Market
• Historical Data for the period 2021-2031 and Market Forecast until 2031 for Middle East Motorcycle Market
• Historical Data for the period 2021-2031 and Market Forecast until 2031 for Africa Motorcycle Market
• Historical Data for the period 2021-2031 and Market Forecast until 2031 for Asia Pacific Motorcycle Market
• Market Drivers and Restraints
• Motorcycle Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Motorcycle Market Share, By Players
• Competitive Benchmarking

Market Covered

The market report has been segmented and sub segmented into the following categories 

By Product Types

• Adventure
• Cruiser
• Moped
• Sports
• Standard
• Touring

By Engine Capacity

• Up to 125 cc
• 126-250 cc
• 251-500 cc
• Above 500 cc

By Key Regions

• Latin America
• North America
• Europe
• Middle East