GITNUX MARKETDATA REPORT 2024

Must-Know Motorcycle Industry Statistics [Current Data]

Statistic 1

"In 2021, the global motorcycle market is valued at approximately 94 billion U.S. dollars."

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Statistic 2

"As of 2020, Honda is the leading motorcycle manufacturer globally, with over 19.3 million motorcycles sold in that year."

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Statistic 3

"Around 46% of motorcycles produced worldwide in 2020 came from India."

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Statistic 4

"The Asia-Pacific region accounts for about 85% of the total global motorcycle sales."

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Statistic 5

"Sales of electric motorcycles are expected to reach 55 million units worldwide by 2027."

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Statistic 6

"As of 2019, Honda holds the largest market share (21.0%) in the U.S. motorcycle industry."

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Statistic 7

"In 2021, BMW Motorrad sold over 169,272 motorcycles worldwide."

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Statistic 8

"Approximately 12.4% of U.S. households owned a motorcycle in 2018."

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Statistic 9

"In 2022, Yamaha sold 5.1 million motorcycles globally."

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Statistic 10

"In 2023, the motorcycle industry revenue is projected to reach $28.4 billion in the United States."

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Statistic 11

"China ranks as the largest producer of motorcycles, with approximately 15 million units produced in 2020."

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Statistic 12

"In 2021, Harley-Davidson delivered approximately 180,200 motorcycles worldwide."

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Statistic 13

"The number of registered motorcycles in the U.S. grew by 355,000 from 2018 to 2019, reaching a total of 13,158,100."

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Statistic 14

"Motorcycle helmet usage is now at 71% in the United States, up from 64% in 2009."

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Statistic 15

"The global market for motorcycles, scooters, and mopeds is expected to surpass 60 million units by 2026."

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Statistic 16

"As of January 2022, 96.7% of motorcycles in India were powered by engines with a displacement of 250cc or lower."

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