Regionally, the global motorcycle market is segmented into four major regions, namely, North America, Europe, Asia Pacific, and Rest of the World. Amongst the market in these regions, Asia Pacific is estimated to account for largest revenue share by 2036, attributed to increasing production of both electric and non-electric two-wheelers in the region. The sales of non-electric motorcycles in the region in the year 2020 recorded to around 33000 Thousand units, whereas that of electric motorcycles was close to 1300 Thousand units. Moreover, it has also been found that the production of electric motorcycles below 200CC has witnessed a massive growth, which is also anticipated to drive the motorcycle market growth in the region in the coming years.
Author Credits: Saima Khursheed
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