Motorcycle, Bike & Parts Manufacturing in the US - Industry Market Research Report

Motorcycle, Bike & Parts Manufacturing in the US - Industry Market Research Report
Motorcycle, Bike & Parts Manufacturing in the US

Motorcycle, bike and parts manufacturers produce a variety of two-wheeled rides and parts, including on-highway, off-highway and dual motorcycles, in addition to scooters and bicycles. While these vehicles offer transportation, they are largely used for enjoyment and exercise, making them discretionary purchases for most consumers. As disposable income fell during COVID-19, demand also plummeted. Even as the economy recovered following the end of COVID disruptions, manufacturers still struggled as high input costs drove down profit. Larger manufacturers were able to capitalize on the struggles of their smaller competitors and seize a larger share of the market. These trends led revenue to fall at a CAGR of 6.8% to $5.6 billion over the past five years, before stagnating in 2023.

This industry consists of businesses that manufacture motorcycles, mopeds, scooters, bicycles or tricycles. It also includes businesses that manufacture equipment and parts for these vehicles.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.