Jun 19, 2020   SOURCE: PR NewsWire

Motorcycle and Bicycle Industry Outlook to 2030: COVID-19 Impact and Recovery

DUBLIN, June 19, 2020 /PRNewswire/ -- The "Motorcycle And Bicycle Global Market Report 2020-30: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.

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The global motorcycle and bicycle market is expected to decline from $78.4 billion in 2019 to $77.3 billion in 2020 at a compound annual growth rate (CAGR) of -1.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $97.4 billion in 2023.

Asia-Pacific was the largest region in the global motorcycle and bicycle market, accounting for 41% of the market in 2019. North America was the second largest region accounting for 20% of the global motorcycle and bicycle market. Africa was the smallest region in the global motorcycle and bicycle market.

Vehicle to vehicle communication and infotainment systems are the important technology trends in motorcycle safety. These infotainment systems have been highly adopted by companies such as Harley-Davidson, BMW and Honda bringing connectivity, entertainment and information to riders and providing important information in the most convenient manner. However, the more interesting development in vehicle to vehicle technology new smartphone apps and Intelligent Transport Systems (ITS) and self-driving autonomous vehicles.

Report Scope

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider motorcycle and bicycle market, and compares it with other markets.

    --  The market characteristics section of the report defines and explains
        the market.
    --  The market size section gives the market size ($b) covering both the
        historic growth of the market, the impact of the Covid 19 virus and
        forecasting its recovery.
    --  Market segmentations break down market into sub markets.
    --  The regional and country breakdowns section gives an analysis of the
        market in each geography and the size of the market by geography and
        compares their historic and forecast growth. It covers the impact and
        recovery trajectory of Covid 19 for all regions, key developed countries
        and major emerging markets.
    --  Competitive landscape gives a description of the competitive nature of
        the market, market shares, and a description of the leading companies.
        Key financial deals which have shaped the market in recent years are
        identified.
    --  The trends and strategies section analyses the shape of the market as it
        emerges from the crisis and suggests how companies can grow as the
        market recovers.
    --  The motorcycle and bicycle market section of the report gives context.
        It compares the motorcycle and bicycle market with other segments of the
        motor vehicles market by size and growth, historic and forecast. It
        analyses GDP proportion, expenditure per capita, motorcycle and bicycle
        indicators comparison.

Key Topics Covered

1. Executive Summary

2. Report Structure

3. Motorcycle And Bicycle Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Motorcycle And Bicycle Market Product Analysis
4.1. Leading Products/Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Motorcycle And Bicycle Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Motorcycle And Bicycle Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Motorcycle And Bicycle Market Trends And Strategies

8. Motorcycle And Bicycle Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market

9. Motorcycle And Bicycle Market Regional Analysis
9.1. Global Motorcycle And Bicycle Market, 2019, By Region, Value ($ Billion)
9.2. Global Motorcycle And Bicycle Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region
9.3. Global Motorcycle And Bicycle Market, Growth And Market Share Comparison, By Region

10. Motorcycle And Bicycle Market Segmentation
10.1. Global Motorcycle And Bicycle Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    --  Motorcycles And Parts
    --  Bicycles And Parts
    --  Motor Scooters
    --  Others - Motorcycle And Bicycle

10.2. Global Motorcycle And Bicycle Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    --  Independent Retailers
    --  Online Sales

11. Motorcycle And Bicycle Market Metrics
11.1. Motorcycle And Bicycle Market Size, Percentage Of GDP, 2015-2023, Global
11.2. Per Capita Average Motorcycle And Bicycle Market Expenditure, 2015-2023, Global

Companies Mentioned 

    --  Yamaha
    --  Honda
    --  BMW
    --  Harley Davidson
    --  Kawasaki

For more information about this report visit https://www.researchandmarkets.com/r/239bf3

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SOURCE Research and Markets