ICE motorcycles to remain dominant world market
Internal combustion engine (ICE) motorcycles will continue to dominate the global market. Product sales are projected to rise at a 7.9 percent annual rate through 2016, when they will account for 71 percent of total demand. Light motorcycles will post the greatest growth and remain the single largest ICE product segment in unit terms because they offer a mix of the best attributes of smaller (lower cost) and larger displacement models (more power). ICE motorbikes, scooters, and mopeds will be the second largest and second fastest growing ICE product segment, totalling approximately one-third of all product sales in 2016.
Market gains will be fueled by these products' low cost and easy maneuverability in congested urban areas. Medium and heavy motorcycles will increase the slowest of all major product types and account for only three percent of 2016 unit sales (although they are much more significant in value terms).
E-bikes, e-cycles to pace gains in Asia/Pacific region
Sales of electric bicycles (e-bikes) and electric motorcycles (e-cycles) are forecast to grow roughly in line with the motorcycle demand as a whole. These products are most popular in the Asia/ Pacific region, and China in particular, which will account for nearly nine-tenths of the 2016 world e-bike and e-cycle sales total. In most other parts of the world, they will remain niche products that make up a relatively small share of motorcycle demand.Study coverage This upcoming Freedonia industry study, World Motorcycles, is priced at $6300. It presents historical demand data (2001, 2006, 2011) plus forecasts for 2016 and 2021 by product, world region and for 23 countries. The study also considers key market environment factors, evaluates company market share, and profiles 34 global competitors. TABLE OF CONTENTS INTRODUCTION xi I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4General 4World Economic Overview 5Recent Historical Trends 5World Economic Outlook 7World Demographic Overview 11Population 11Urban Population 14Households 15World Personal Income Trends 17World Bicycle Market Trends 19World Light Vehicle Overview 21Production 22Demand 24Legal & Regulatory Issues 26Restrictions on Motorcycle Use 27Rider Safety 28Exhaust Emissions 30Pricing Patterns 32Technological Trends 34Internal Combustion Engine Motorcycles 35Electric Motorcycles 36