Market Research Future Published A Half Cooked Research Report On Global Off-Road Motorcycle Industry.
The manufactures of Off-Road Motorcycles are focusing on product innovation at affordable prices owing to the increasing demand for fuel efficient and low maintenance Off-Road Motorcycles. The manufacturers are also focusing on expanding the distribution network across the globe, thereby driving the growth of the market. In many countries across the globe, the urban population has started adopting the Off-Road Motorcycles for their routine works, which is driving the market for Off-Road Motorcycles. The increasing environmental awareness amongst the people is driving towards the increased demand for zero emission electric and solar powered Off-Road Motorcycles.
However, the growth of the market is expected to be restrained by the alteration of soil structure and adverse impact on wildlife. There exist certain restraining factors in the form of growing campaigns and research studies connecting off-road motorcycles with an adverse environmental impact. This may not have an immediate impact on the industry, but in the long run with the introduction of regulations may act as a major hurdle.
Based on types, the market has been segmented as Dirt Bikes, Adventure Bikes, Trial Bikes, Enduro Bikes, Kids Motorbikes and Others. Amongst this, the Trial Bikes segment is expected to dominate the growth of the market. These are used for off-road and recreational riding which test the balancing skills rather than going for speed. A trial bike is not intended to be used for competition. They are having dual-purpose tire with equipment such as indicators, mirrors, and others. The ability to be driven on off-road and recreational riding is expected to drive the market in future.
By application, the market has been segmented as recreational and defence. In defence, off-road motorcycles were heavily used during the world wars primarily for transportation, communication and reconnaissance purposes among others. The demand for these off-road motorcycles witnessed a steep decline post the world wars, as the general demand could not compete with the enormous demand for off-road motorcycles during the world wars. Manufacturers are enjoying a steady increase in demand for off-road motorcycles off late and are actively investing in research and development to develop motorcycles tailor-made for defense applications.
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
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