What is Global Single-cylinder Motorcycle Market?
The Global Single-cylinder Motorcycle Market is a vast and dynamic sector that encompasses a wide range of motorcycles with a single-cylinder engine. These motorcycles are popular for their simplicity, affordability, and fuel efficiency. They are available in various engine capacities, from small 50cc bikes suitable for beginners and city commuting, to powerful 250cc and above models designed for long-distance touring and off-road adventures. The market is driven by various factors such as increasing demand for fuel-efficient vehicles, growing popularity of motorcycle sports, and advancements in single-cylinder engine technology. However, it also faces challenges such as stringent emission regulations and intense competition from multi-cylinder motorcycles. Despite these challenges, the market shows promising growth potential, thanks to the rising trend of customization and the growing popularity of vintage and retro-styled single-cylinder motorcycles.
50cc-100cc, 100cc-150cc, 150cc-250cc, Above 250cc in the Global Single-cylinder Motorcycle Market:
The Global Single-cylinder Motorcycle Market is segmented based on engine capacity into 50cc-100cc, 100cc-150cc, 150cc-250cc, and Above 250cc categories. The 50cc-100cc segment comprises of lightweight motorcycles that are ideal for city commuting and short-distance travel. They are popular among beginners and riders who prefer easy-to-handle and fuel-efficient bikes. The 100cc-150cc segment includes slightly more powerful motorcycles that offer a balance between performance and fuel efficiency. They are suitable for both city commuting and occasional long-distance travel. The 150cc-250cc segment consists of motorcycles that offer superior performance and are ideal for long-distance touring and off-road riding. They are popular among experienced riders and motorcycle enthusiasts. The Above 250cc segment includes high-performance motorcycles that are designed for extreme off-road adventures and high-speed touring. They are favored by professional riders and adventure enthusiasts. Each of these segments caters to different customer needs and preferences, contributing to the diversity and dynamism of the market.
Sportbikes, Cruiser Motorcycle, Touring Motorcycle, Off-Road Motorcycle, On-Off Road Motorcycle, Scooters, Track Motorcycle in the Global Single-cylinder Motorcycle Market:
The Global Single-cylinder Motorcycle Market finds usage in various areas such as Sportbikes, Cruiser Motorcycle, Touring Motorcycle, Off-Road Motorcycle, On-Off Road Motorcycle, Scooters, and Track Motorcycle. Sportbikes are high-performance motorcycles designed for speed and agility. They are popular in motorcycle sports and among riders who enjoy high-speed riding. Cruiser motorcycles are designed for comfortable long-distance travel. They are characterized by their relaxed riding position and stylish design. Touring motorcycles are built for long-distance travel and often come with features such as large fuel tanks, comfortable seats, and luggage storage. Off-Road motorcycles are designed for off-road adventures and extreme sports. They are equipped with rugged tires and suspension systems to handle rough terrains. On-Off Road motorcycles are versatile bikes that can handle both on-road and off-road conditions. Scooters are small, lightweight bikes that are easy to handle and fuel-efficient, making them ideal for city commuting. Track motorcycles are designed for racing on tracks. They are equipped with high-performance engines and aerodynamic designs for maximum speed and performance. Each of these areas represents a unique segment of the market, catering to different customer needs and preferences.
Global Single-cylinder Motorcycle Market Outlook:
Looking at the market outlook, the Global Single-cylinder Motorcycle Market was valued at a significant US$ 40510 million in 2022. This value is expected to see a substantial increase, reaching an estimated US$ 50480 million by 2029. This projected growth represents a Compound Annual Growth Rate (CAGR) of 3.5% during the forecast period from 2023 to 2029. This growth can be attributed to various factors such as increasing demand for fuel-efficient vehicles, advancements in single-cylinder engine technology, and the growing popularity of motorcycle sports. However, the market also faces challenges such as stringent emission regulations and intense competition from multi-cylinder motorcycles. Despite these challenges, the market shows promising growth potential, thanks to the rising trend of customization and the growing popularity of vintage and retro-styled single-cylinder motorcycles.
Report Metric | Details |
Report Name | Single-cylinder Motorcycle Market |
Accounted market size in 2022 | US$ 40510 in million |
Forecasted market size in 2029 | US$ 50480 million |
CAGR | 3.5% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
|
Segment by Application |
|
Production by Region |
|
Consumption by Region |
|
By Company | Aprilia, Yamaha, Benelli, Bimota, CFMoto, Honda, Husqvarna, Indian, Kawasaki, KTM, Moto Guzzi, Suzuki, SYM, Triumph |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |