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Heavyweight Motorcycles Market Trends

Report ID: GMI6543
Published Date: Aug 2023
Report Format: PDF

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Heavyweight Motorcycles Market Trends

The heavyweight motorcycles industry growth is being propelled by high-displacement adventure motorcycles. These models, characterized by powerful engines and advanced features, cater to those enthusiasts seeking versatile rides for both on-road & off-road experiences. For instance, in July 2023, Benelli introduced TRK 700 and the higher TRK 700X versions in the European market; the company positioned the models as competitors to the Yamaha Tenere 700, the KTM 790 Adventure, and the Aprilia Tuareg 660. Both versions are priced at USD 8,138.8. As riders embrace longer journeys and varied terrains, the market for high-displacement adventure motorcycles is expanding, contributing to the market demand.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of heavyweight motorcycle was worth USD 22.2 billion in 2022 and is estimated to expand at over 6.2% CAGR from 2023-2032, led by the rising demand in various sports and cruising events.

The cruiser segment held 30% of the market share in 2022, owing to the rising popularity of newly launched cruiser motorcycles with fusion of iconic aesthetics and comfortable riding position.

Asia Pacific accounted for more than 30% of the market share in 2022, due to the strong economic growth in countries including India, China, and other Southeast Asian nations.

Some of the top companies engaged in the market are Honda, Harley Davidson, BMW, Kawasaki, Triumph, Ducati, and Polaris.