The Europe On-road Motorcycles Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030).
The on-road motorcycle market is witnessing several trends shaping its trajectory in the coming years. One notable trend is the growing emphasis on electric motorcycles, driven by an increased awareness of environmental sustainability. Another prominent trend is the integration of advanced technology in these motorcycles. From smart connectivity features to advanced safety systems, motorcycles are becoming increasingly sophisticated. Connectivity features like GPS navigation, smartphone integration, and real-time diagnostics enhance the overall riding experience. At the same time, safety innovations like anti-lock braking systems (ABS) and traction control contribute to rider safety. Additionally, there is a growing interest in lightweight and agile motorcycles catering to urban commuters and novice riders. Manufacturers are introducing compact models with lower displacement engines, making them more accessible to a broader demographic.
The market is at the forefront of innovation, with manufacturers continually pushing boundaries to enhance performance, safety, and rider experience. One significant innovation is the development of autonomous motorcycles that leverage artificial intelligence and sensor technologies to navigate independently. While still in the experimental stage, autonomous motorcycles have the potential to revolutionize transportation by combining the thrill of riding with cutting-edge automation. Advancements in materials and manufacturing processes contribute to developing lightweight yet durable motorcycles. Using composite materials, advanced alloys, and 3D printing techniques allows manufacturers to create innovative designs that optimize both performance and fuel efficiency. Furthermore, integrating augmented reality (AR) and heads-up display (HUD) technologies is transforming how riders interact with their motorcycles. AR helmets and HUD-equipped windshields provide real-time information, such as navigation prompts, speed, and alerts, directly within the rider's field of vision, enhancing situational awareness and safety.
Germany has a strong cultural affinity for motorcycling, with a rich history and tradition associated with motorcycles. The country is home to renowned motorcycle manufacturers like BMW and iconic events like the BMW Motorrad Days. Popular routes like the Schwarzwaldhochstraße (Black Forest High Road) attract riders from both within Germany and neighboring countries, contributing to the increasing usage of these motorcycles for leisure and travel. Germany allows lane filtering in certain situations, providing a practical advantage for motorcycle commuters. Due to the above-mentioned factors, these motorcycles market will grow significantly in this region.
The Germany market dominated the Europe On-road Motorcycles Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,589.2 Million by 2030. The UK market is registering a CAGR of 4.1% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 5.7% during (2023 - 2030).
Based on Type, the market is segmented into Cruiser Motorcycle, Touring Motorcycle, Sports Bike, and Standard Motorcycle. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global On-road Motorcycles Market will Hit $93.3 Billion by 2030, at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Harley-Davidson, Inc., Yamaha Corporation (Menchey Music Service, Inc.), Honda Motor Co. Ltd., Kawasaki Heavy Industries, Ltd., BMW Group, Suzuki Motor Corporation, Ducati Motor Holding S.p.A (Volkswagen AG), Bajaj Auto Ltd., TVS Motor Company Ltd. (TVS Holdings Limited), Hero MotoCorp Ltd
Scope of the Study
Market Segments Covered in the Report:
By Type
- Cruiser Motorcycle
- Touring Motorcycle
- Sports Bike
- Standard Motorcycle
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Harley-Davidson, Inc.
- Yamaha Corporation (Menchey Music Service, Inc.)
- Honda Motor Co. Ltd.
- Kawasaki Heavy Industries, Ltd.
- BMW Group
- Suzuki Motor Corporation
- Ducati Motor Holding S.p.A (Volkswagen AG)
- Bajaj Auto Ltd.
- TVS Motor Company Ltd. (TVS Holdings Limited)
- Hero MotoCorp Ltd
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe On-road Motorcycles Market, by Type
1.4.2 Europe On-road Motorcycles Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in On-road Motorcycles Market
Chapter 5. Europe On-road Motorcycles Market, by Type
5.1 Europe Cruiser Motorcycle Market, by Country
5.2 Europe Touring Motorcycle Market, by Country
5.3 Europe Sports Bike Market, by Country
5.4 Europe Standard Motorcycle Market, by Country
Chapter 6. Europe On-road Motorcycles Market, by Country
6.1 Germany On-road Motorcycles Market
6.1.1 Germany On-road Motorcycles Market, by Type
6.2 UK On-road Motorcycles Market
6.2.1 UK On-road Motorcycles Market, by Type
6.3 France On-road Motorcycles Market
6.3.1 France On-road Motorcycles Market, by Type
6.4 Russia On-road Motorcycles Market
6.4.1 Russia On-road Motorcycles Market, by Type
6.5 Spain On-road Motorcycles Market
6.5.1 Spain On-road Motorcycles Market, by Type
6.6 Italy On-road Motorcycles Market
6.6.1 Italy On-road Motorcycles Market, by Type
6.7 Rest of Europe On-road Motorcycles Market
6.7.1 Rest of Europe On-road Motorcycles Market, by Type
Chapter 7. Company Profiles
7.1 Harley-Davidson, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.1.4.2 Product Launches and Product Expansions:
7.1.5 SWOT Analysis
7.2 Yamaha Corporation (Menchey Music Service, Inc.)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional & Segmental Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Honda Motor Co. Ltd.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Kawasaki Heavy Industries, Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 BMW Group
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Suzuki Motor Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Ducati Motor Holding S.p.A (Volkswagen AG)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 Bajaj Auto Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Product Launches and Product Expansions:
7.8.5 SWOT Analysis
7.9 TVS Motor Company Ltd. (TVS Holdings Limited)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 SWOT Analysis
7.10. Hero MotoCorp Ltd.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 SWOT Analysis
TABLE 1 Europe On-road Motorcycles Market, 2019 - 2022, USD Million
TABLE 2 Europe On-road Motorcycles Market, 2023 - 2030, USD Million
TABLE 3 Europe On-road Motorcycles Market, by Type, 2019 - 2022, USD Million
TABLE 4 Europe On-road Motorcycles Market, by Type, 2023 - 2030, USD Million
TABLE 5 Europe Cruiser Motorcycle Market, by Country, 2019 - 2022, USD Million
TABLE 6 Europe Cruiser Motorcycle Market, by Country, 2023 - 2030, USD Million
TABLE 7 Europe Touring Motorcycle Market, by Country, 2019 - 2022, USD Million
TABLE 8 Europe Touring Motorcycle Market, by Country, 2023 - 2030, USD Million
TABLE 9 Europe Sports Bike Market, by Country, 2019 - 2022, USD Million
TABLE 10 Europe Sports Bike Market, by Country, 2023 - 2030, USD Million
TABLE 11 Europe Standard Motorcycle Market, by Country, 2019 - 2022, USD Million
TABLE 12 Europe Standard Motorcycle Market, by Country, 2023 - 2030, USD Million
TABLE 13 Europe On-road Motorcycles Market, by Country, 2019 - 2022, USD Million
TABLE 14 Europe On-road Motorcycles Market, by Country, 2023 - 2030, USD Million
TABLE 15 Germany On-road Motorcycles Market, 2019 - 2022, USD Million
TABLE 16 Germany On-road Motorcycles Market, 2023 - 2030, USD Million
TABLE 17 Germany On-road Motorcycles Market, by Type, 2019 - 2022, USD Million
TABLE 18 Germany On-road Motorcycles Market, by Type, 2023 - 2030, USD Million
TABLE 19 UK On-road Motorcycles Market, 2019 - 2022, USD Million
TABLE 20 UK On-road Motorcycles Market, 2023 - 2030, USD Million
TABLE 21 UK On-road Motorcycles Market, by Type, 2019 - 2022, USD Million
TABLE 22 UK On-road Motorcycles Market, by Type, 2023 - 2030, USD Million
TABLE 23 France On-road Motorcycles Market, 2019 - 2022, USD Million
TABLE 24 France On-road Motorcycles Market, 2023 - 2030, USD Million
TABLE 25 France On-road Motorcycles Market, by Type, 2019 - 2022, USD Million
TABLE 26 France On-road Motorcycles Market, by Type, 2023 - 2030, USD Million
TABLE 27 Russia On-road Motorcycles Market, 2019 - 2022, USD Million
TABLE 28 Russia On-road Motorcycles Market, 2023 - 2030, USD Million
TABLE 29 Russia On-road Motorcycles Market, by Type, 2019 - 2022, USD Million
TABLE 30 Russia On-road Motorcycles Market, by Type, 2023 - 2030, USD Million
TABLE 31 Spain On-road Motorcycles Market, 2019 - 2022, USD Million
TABLE 32 Spain On-road Motorcycles Market, 2023 - 2030, USD Million
TABLE 33 Spain On-road Motorcycles Market, by Type, 2019 - 2022, USD Million
TABLE 34 Spain On-road Motorcycles Market, by Type, 2023 - 2030, USD Million
TABLE 35 Italy On-road Motorcycles Market, 2019 - 2022, USD Million
TABLE 36 Italy On-road Motorcycles Market, 2023 - 2030, USD Million
TABLE 37 Italy On-road Motorcycles Market, by Type, 2019 - 2022, USD Million
TABLE 38 Italy On-road Motorcycles Market, by Type, 2023 - 2030, USD Million
TABLE 39 Rest of Europe On-road Motorcycles Market, 2019 - 2022, USD Million
TABLE 40 Rest of Europe On-road Motorcycles Market, 2023 - 2030, USD Million
TABLE 41 Rest of Europe On-road Motorcycles Market, by Type, 2019 - 2022, USD Million
TABLE 42 Rest of Europe On-road Motorcycles Market, by Type, 2023 - 2030, USD Million
TABLE 43 Key Information – Harley-Davidson, Inc.
TABLE 44 Key Information – Yamaha Corporation
TABLE 45 key Information – Honda Motor Co. Ltd.
TABLE 46 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 47 key information – BMW Group
TABLE 48 Key information – Suzuki Motor Corporation
TABLE 49 Key Information – Ducati Motor Holding S.p.A
TABLE 50 Key Information – Bajaj Auto Ltd.
TABLE 51 Key Information – TVS Motor Company Ltd.
TABLE 52 Key Information – Hero motoCorp ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe On-road Motorcycles Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting On-road Motorcycles Market
FIG 4 Porter’s Five Forces Analysis – On-road motorcycles market
FIG 5 Europe On-road Motorcycles Market share, by Type, 2022
FIG 6 Europe On-road Motorcycles Market share, by Type, 2030
FIG 7 Europe On-road Motorcycles Market, by Type, 2019 - 2030, USD Million
FIG 8 Europe On-road Motorcycles Market share, by Country, 2022
FIG 9 Europe On-road Motorcycles Market share, by Country, 2030
FIG 10 Europe On-road Motorcycles Market, by Country, 2019 - 2030, USD Million
FIG 11 Recent strategies and developments: Harley-Davidson Incorporation
FIG 12 SWOT Analysis: HArley-davidson, inc
FIG 13 Recent strategies and developments: Yamaha Corporation
FIG 14 SWOT Analysis: Yamaha Corporation
FIG 15 SWOT Analysis: Honda Motor Co. Ltd.
FIG 16 SWOT Analysis: Kawasaki Heavy Industries, Ltd.
FIG 17 Recent strategies and developments: BMW Group
FIG 18 SWOT Analysis: BMW Group
FIG 19 SWOT Analysis: Suzuki Motor Corporation
FIG 20 SWOT Analysis: Ducati Motor Holding S.p.A
FIG 21 SWOT Analysis: Bajaj Auto Ltd.
FIG 22 SWOT Analysis: TVS MOTor COmpany Ltd.
FIG 23 SWOT Analysis: Hero MotoCorp ltd.