Middle East Motorcycles Market (2022-2028) | Share, Outlook, Forecast, Revenue, Growth, Industry, Size, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

Middle East Motorcycles Market Synopsis

Middle East Motorcycle Market is significantly growing during the forecast period owing to the increasing popularity of motorcycles as an economical mode of transportation along with growing demand for motorcycles. Additionally, growing urbanization and rising disposable income is also expected to fuel the Middle East Motorcycle Market growth. In middle east, the motorcycles are used to carry goods and as a mode of transportation which is spurring the demand for motorcycles in Middle East. The increasing population and rising discretionary expenses in the region are some of the major drivers of this market growth. However, lack of awareness about motorcycles among consumers and high taxation rates are restraining the market growth.

According to 6Wresearch, Middle East Motorcycles Market is expected to grow during 2022-2028. The Global Motorcycle Market is proliferating growth in the coming years on the back of rising disposable incomes and growing population. The motorcycling culture in the Middle East is different from that in other parts of the world as riders are more enthusiasts than commuters. Also, the motorcycles are the status symbols for various individuals which in turn resulting in the increasing sales of motorcycles in the Middle East. Moreover, the increasing demand for personal transportation and increased accessibility to new markets are another key driver of the Middle East Motorcycles Industry. However, there are several challenges faced by the market such as there is lack of reliable infrastructure which affects the sales of the vehicles. Moreover, stringent safety and emission standards along with heavy taxation rates are hampering the growth of this market.

Impact of COVID-19 on Middle East Motorcycles Market

The COVID-19 pandemic impacted the Middle East Motorcycles Market by declining the sales of motorcycles during the outbreak owing to the lockdown measures and several restrictions on travel. However, the commuters were avoiding public transport to safeguard themselves from deadly virus and were actively using personal vehicles after lockdown. Consequently, the increasing use of personal vehicles boosting the demand for Middle East Motorcycles Market share during the forecast period.

Market analysis based on Product Types

In terms of product types, the market is segmented into Adventure, Cruiser, Moped, Sports, Standard And Touring. Each product type segment is growing in the forthcoming years.

Market analysis based on Engine Capacity

Based on Engine Capacity, the market is bifurcated into Up To 125 Cc, 126-250 Cc, 251-500 Cc And Above 500 Cc.  The 500Cc segment is anticipated to dominate the market share followed by 251-500Cc.

Market analysis based on Key Countries

According to countries, the Middle East Motorcycles Market is classified into UAE, Saudi Arabia, Qatar, Kuwait, Oman, Turkey, Bahrain And Rest Of Middle East. The UAE is expected to lead the Middle East Motorcycles Market in the future years.

Competitive Landscape

The Middle East Motorcycles Market is highly competitive with various key players in the market. The Middle East Motorcycle Market has a wide range of models including touring bikes, cruisers, dual sport bikes, and street bikes. The key players have a strong online presence. The Middle East Motorcycle Market is projected to grow at a CAGR of XX% over the forecast period on the back of increasing demand for motorcycles in various regions across the globe and growing investments by multinational companies into this sector

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the report

• Middle East Motorcycle Market Outlook
• Middle East Motorcycle Market Overview
• Middle East Motorcycle Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Middle East Motorcycle Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Product Types
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Engine Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for UAE Motorcycle Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Saudi Arabia Motorcycle Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Qatar Motorcycle Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Bahrain Motorcycle Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Kuwait Motorcycle Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Oman Motorcycle Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Turkey Motorcycle Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for rest of Middle East Motorcycle Market
• Market Drivers and Restraints
• Middle East Motorcycle Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Middle East Motorcycle Market Share, By Players
• Competitive Benchmarking

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product Types

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

By Engine Capacity

• Up To 125 Cc
• 126-250 Cc
• 251-500 Cc
• Above 500 Cc

By Key Countries

• UAE
• Saudi Arabia
• Qatar
• Kuwait
• Oman
• Turkey
• Bahrain
• Rest Of Middle East