Market Forecast by Countries (United States, Canada), By Type (Adventure, Cruiser, Mopeds, Sports, Standard, Touring), By Engine Capacity (151-300 CC, 301-500 CC, 501-800 CC, 801-1000 CC, 1001-1600 CC, Above 1600 CC) And Competitive Landscape
Product Code: ETC059748 | Publication Date: May 2021 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Motorcycle Market |
Forecast period | 2025-2031 |
CAGR | 5.4% |
Growing Sector | Motorcycles |
North America Motorcycle Market report thoroughly covers the market by Countries, Type, and Engine Capacity. 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.
The North America Motorcycle Market is experiencing notable growth, with increasing popularity of motorcycles for both commuting and recreational purposes. This market growth is largely driven by the rising urbanization and the need for efficient personal transportation solutions. Motorcycles offer a cost-effective and fuel-efficient alternative to cars, contributing to their growing adoption.
According to 6Wresearch, the North America Motorcycle Market is projected to grow at a CAGR of 5.4% during 2025-2031. The growing preference for motorcycles among younger populations and the increasing number of motorcycle enthusiasts are significant contributors to this growth. Additionally, advancements in motorcycle technology, such as electric motorcycles and improved safety features, are further boosting market expansion. However, the market faces challenges such as stringent emission regulations and safety concerns, which could impact growth.
Nevertheless, the North America Motorcycle Market is poised for substantial growth due to ongoing urbanization and the increasing need for efficient transportation. The adoption of electric motorcycles is also on the rise, supported by government incentives and the push towards sustainable transportation solutions. These factors are expected to continue driving market growth in the coming years.
Key players in the North America Motorcycle Market include Harley-Davidson, Honda Motor Co., Ltd., and Yamaha Motor Co., Ltd. Harley-Davidson is renowned for its high-performance cruisers and touring motorcycles, catering to a wide range of customers. Honda Motor Co., Ltd. offers a diverse lineup of motorcycles, from adventure to sports bikes, known for their reliability and innovation. Yamaha Motor Co., Ltd. is also a major player, providing advanced motorcycle solutions with a focus on performance and technology.
The governments in North America are actively promoting the adoption of electric motorcycles through incentives and subsidies. Policies aimed at reducing carbon emissions and enhancing transportation efficiency are driving the market. Investments in infrastructure development, such as the installation of electric vehicle charging stations, are also supporting the growth of electric motorcycles. Additionally, safety regulations and awareness campaigns are being implemented to ensure safer riding experiences, which is positively impacting the market.
The North America Motorcycle Market is expected to witness substantial growth due to factors such as increasing urbanization, technological advancements, and supportive government policies. The rising demand for electric motorcycles and the focus on reducing carbon emissions will drive market expansion. Innovations in motorcycle technology, including improved safety features and enhanced performance, will also contribute to growth. The ongoing development of infrastructure for electric vehicles will further support the adoption of electric motorcycles, making the North America Motorcycle Market highly promising for the future.
According to Ravi Bhandari, Research Head, 6Wresearch, the 501-800 CC segment is currently leading and dominating the market. This can be attributed to the increasing demand for mid-range motorcycles that offer a balance between performance and fuel efficiency, making them ideal for both city commuting and long-distance travel.
In terms of type, cruiser motorcycles are the most widely used in North America. These motorcycles are favored for their comfort and style, making them popular for long rides and touring. With the growing interest in recreational riding and motorcycle touring, the use of cruiser motorcycles is expected to continue rising.
The 801-1000 CC motorcycles are the most commonly used in North America. This range is designed for high performance and versatility, making them suitable for various applications including sports riding and adventure touring. Their powerful engines and advanced features make them a preferred choice for many riders.
In terms of end-use application, touring motorcycles are driving the demand in North America. The increasing popularity of motorcycle tourism and the availability of scenic routes and long-distance travel opportunities contribute to the demand for touring motorcycles. Additionally, the focus on comfort and advanced features makes them a popular choice among long-distance riders.
The report offers a comprehensive study of the subsequent market segments:
United States
Canada
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Motorcycle Market Overview |
3.1 North America Country Macro Economic Indicators |
3.2 North America Motorcycle Market Revenues & Volume, 2021 & 2031F |
3.3 North America Motorcycle Market - Industry Life Cycle |
3.4 North America Motorcycle Market - Porter's Five Forces |
3.5 North America Motorcycle Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Motorcycle Market Revenues & Volume Share, By Type 2021 & 2031F |
3.7 North America Motorcycle Market Revenues & Volume Share, By Engine Capacity 2021 & 2031F |
4 North America Motorcycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Motorcycle Market Trends |
6 North America Motorcycle Market, By Countries |
6.1 North America Motorcycle Market, By Type |
6.2 North America Motorcycle Market, By Engine Capacity |
6.1.1 Overview and Analysis |
6.1.2 North America Motorcycle Market Revenues & Volume, By Countries, 2021-2031F |
6.1.3 North America Motorcycle Market Revenues & Volume, By United States, 2021-2031F |
6.1.4 North America Motorcycle Market Revenues & Volume, By Canada, 2021-2031F |
6.2 North America Motorcycle Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 North America Motorcycle Market Revenues & Volume, By Adventure, 2021-2031F |
6.2.3 North America Motorcycle Market Revenues & Volume, By Cruiser, 2021-2031F |
6.2.4 North America Motorcycle Market Revenues & Volume, By Mopeds, 2021-2031F |
6.2.5 North America Motorcycle Market Revenues & Volume, By Sports, 2021-2031F |
6.2.4 North America Motorcycle Market Revenues & Volume, By Standard, 2021-2031F |
6.2.4 North America Motorcycle Market Revenues & Volume, By Touring, 2021-2031F |
6.3.1 North America Motorcycle Market, By Engine Capacity |
6.3.2 Overview and Analysis |
6.3.3 North America Motorcycle Market Revenues & Volume, By 151-300 CC, 2021-2031F |
6.3.4 North America Motorcycle Market Revenues & Volume, By 301-500 CC, 2021-2031F |
6.3.5 North America Motorcycle Market Revenues & Volume, By 501-800 CC, 2021-2031F |
6.3.6 North America Motorcycle Market Revenues & Volume, By 801-1000 CC, 2021-2031F |
6.3.7 North America Motorcycle Market Revenues & Volume, By 1001-1600 CC, 2021-2031F |
6.3.8 North America Motorcycle Market Revenues & Volume, By Above 1600 CC, 2021-2031F |
7 North America Motorcycle Market Import-Export Trade Statistics |
7.1 North America Motorcycle Market Export to Major Countries |
7.2 North America Motorcycle Market Imports from Major Countries |
8 North America Motorcycle Market Key Performance Indicators |
9 North America Motorcycle Market - Opportunity Assessment |
9.1 North America Motorcycle Market Opportunity Assessment, By Countries, 2021 & 2031F |
9.2 North America Motorcycle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 North America Motorcycle Market Opportunity Assessment, By Engine Capacity, 2021 & 2031F |
10 North America Motorcycle Market - Competitive Landscape |
10.1 North America Motorcycle Market Revenue Share, By Companies, 2024 |
10.2 North America Motorcycle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |