Motorcycle, bicycles and parts
manufacturing establishments manufacture motorcycles, scooters, tricycles and
similar equipment and parts.
Read More: https://www.thebusinessresearchcompany.com/report/motorcycle-and-bicycle-global-market-report-2018
The global motorcycle and bicycle market
was valued at $163 billion in 2017, and is expected to be driven by Intelligent
Transport Systems (ITS), a new vehicle to vehicle technology.
Asia Pacific was the largest geographic
region in the market, accounting for almost two-fifth of the global market
share. This is because countries in APAC are focusing on the research and
development activities in the global market to bring improvisation.
The global motorcycle and bicycle market
in the report is split into four segments: motorcycles and parts, bicycles and
parts, motor scooters, and others.
China was the largest country in the
market, accounting for almost one-third of the global motorcycle and bicycle
market share.
The top five competitors in the market are Yamaha, Honda, BMW,
Harley Davidson, and Kawasaki. Yamaha was the largest player in 2017.
Yamaha Motor Company Limited is a Japanese motorized vehicle-producing
company. Yamaha Motor is part of the Yamaha Corporation and its
headquarters is in Iwata, Shizuoka.
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