Yamaha Motor Co, Ltd., Honda Motor Co., Ltd, Suzuki Motor Corporation, Kawasaki Heavy Industries Ltd, Harley-Davidson, Inc. and BMW AG, among others, are leading players in the global motorcycle market. Other major players include Triumph Motorcycles Ltd, Volkswagen Group (Ducati Motor), Piaggio & C. SpA (Aprilia), KTM AG, Bajaj Auto Ltd, TVS Motor Company Limited, and others.
The global motorcycle market would likely grow at a CAGR of 8.5% during 2022-2027. Motorcycles are a convenient transport alternative; these require less parking space and are easy to ride on smaller paths. For many people, motorcycles represent a lifestyle and freedom on the road. Motorcycles are especially convenient when travelling short distances. Motorcycles allow customisation, a feature that many individuals value. Examples may include custom paint jobs, vinyl decals or distinct wheels. Customization of gear can offer even more personalization options. Such attributes are expected to boost the global motorcycle market. Asia, North America and Europe are likely to be key markets.
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|Headquarters:||Iwata, Shizuoka, Japan|
Yamaha Motor Co, Ltd. is a renowned enterprise popular for its products for land mobility, including all-terrain vehicles, motorcycles, electrically power-assisted bicycles, marine products, and industrial machinery and robots, such as surface mounters and drones.
|Headquarters:||Minato City, Tokyo, Japan|
Honda Motor Co., Ltd. develops, produces and distributes automobiles, motorcycles, and power products like farm machinery and generators. The Motorcycle segment manages all-terrain vehicles, motorcycle business, and associated parts.
|Headquarters:||Hamamatsu, Shizuoka, Japan|
Suzuki Motor Corporation is engaged in research, development, designing, production, selling, and distributing passenger cars, motorcycles, special machines, and commercial vehicles. The company operates through Motorcycles, Automobiles, and Special Machines segments.
|Headquarters:||Chuo-ku, Kobe, Hyogo|
Kawasaki Heavy Industries Ltd, with nearly one hundred group companies in Japan and abroad, oversees the creation of a "technology corporate group". The enterprise offers diverse products for a variety of domains reaching beyond land, sea, and air, ranging from the ocean depths to space. Product offerings include aircraft, satellites, subway cars, gas carriers, large tankers, submarines, energy equipment, management systems, and many others.
Harley-Davidson, Inc. manufactures premium motorcycles; it assembles, designs, and markets motorcycles and motorcycle parts and accessories. The company also sells electric bikes. The company has a network of independent dealers in Europe, USA, Africa, Middle East, Canada, Japan, New Zealand, Australia, and other nations.
BMW AG is a major premium manufacturer of automobiles and motorcycles. Four renowned brands of the BMW Group are BMW, MINI, Rolls-Royce and BMW Motorrad. The BMW Group production network consists of thirty-one comprises manufacturing and assembly facilities in fifteen nations; the company’s sales network spans over 140 countries.
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