The Motorcycle And Bicycle Market to Grow Rapidly by 2022

Posted by sainath on February 4th, 2019

The Business research company’s Motorcycle And Bicycle Global Market Report, covers the year-on-year growth of the global motorcycle and bicycle market historic and forecast growth. It also includes chapters on the motorcycle and bicycle market trends, geographical analysis, and competitive landscape.

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The global motorcycle and bicycle market size is expected to increase by 2022, significantly growing at a CAGR of around 2.5% during the forecast period.

Motorcycle And Bicycle Market Trends

The motorcycle and bicycle market consists of sales of motorcycle, bicycles and parts by entities (organizations, sole traders and partnerships) that produce motorcycles, scooters, tricycles and similar equipment and parts.

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.

The global motorcycle and bicycle market is primarily driven by rapid increase in population and rising private investments in automotive industry in emerging economies.

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The global motorcycle and bicycle market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

with increase in population and rise in investments in automotive industry, the global motorcycle and bicycle market is expected to increase in potential and scope. TBRC’s report also covers the motorcycle and bicycle drivers and restraints in the market.

The global motorcycle and bicycle market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global motorcycle and bicycle market report are Yamaha, Honda, BMW, Harley Davidson, and Kawasaki.

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