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According to a new report by EMR titled, 'Global Motorcycle Sidecars Market Report and Forecast 2021-2026', the global market for motorcycle sidecars is expected to grow at a CAGR of 6% in the forecast period of 2021-2026 to reach a volume of 62 million units by 2026.
The market growth of motorcycle sidecars is being driven by the rising demand from off-road bikers in the past few years, owing to their advantage on roads that are filled with ice and gravel. The market is further aided by the rising attention towards the product from the motorcycle enthusiasts and bike lovers. Several motorcycle enthusiasts have transformed their bikes with the attachment of a motorcycle sidecar for various purposes like trekking and off-road biking. Many bike lovers are purchasing motorcycle sidecars to relive the vintage era; as a result, aiding the market growth. The motorcycle sidecars have made it easy for a three-person travel journey, and the vehicle also remains well balanced.
Ural Motorcycles, a Russian maker of heavy sidecar motorcycles, acquired the production techniques and design for BMW R71 motorcycles and sidecars in 1940. The company offers factory fit side car even to this day, along with 2wd and a reverse gear as well. The motor which is used is essentially a BMW (OTCMKTS: BMWYY) Boxer engine. The company has transformed the relic to be used in the modern times. The company continues to manufacture a modern and updated version of the M72, which still comes with its tough build and unique features. The demand from the bike lovers to whom the vintage motorcycle sidecars appeal is aiding the market growth of motorcycle sidecars.
Market Analysis by Vehicle Type, Vehicle Engine Type, Distribution Channel, Sales Channel, and Region:
Key Findings of the Report:
Key Offerings of the Report:
Ural Motorcycles, DMC Sidecars & Motorcycle Accessories, Champion Trikes & Sidecars, Watsonian Squire Ltd., and Texas Sidecar Company, among others, are the key players in the global motorcycle sidecars market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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