Motorcycle Market - Global Industry Analysis and Forecast to 2020

Motorcycle Market - Global Industry Analysis and Forecast to 2020

Persistence Market Research

Motorcycle Market - Global Industry Analysis

and Forecast to 2020

Persistence Market Research

1

Motorcycle Market - Global Industry Analysis and Forecast to 2020

Persistence Market Research Released New Market Report on “Motorcycle Market - Global

Industry Analysis and Forecast to 2020”.

Motorcycle is a kind of motor vehicle having two or three wheels. There are various types of motorcycle

designed for different purposes such as long distance travel, sports including racing, commuting cruising

and off road riding.

Buy Full Report: http://www.persistencemarketresearch.com/market-research/motorcycle-market.asp

Motorcycles are broadly categorized on the basis of demand in various product segments namely Internal

Combustion Engine Motorcycles, Scooters, Mopeds, & Motorbikes, Light Motorcycles, Medium/Heavy

Motorcycles, Electric Motorcycles, Bicycles & Mopeds and Scooters & Other. Light motorcycles are

showing the largest growth in the market due to their lower cost and largest displacement models.

Rising economic, growing standards of living, increasing westernized lifestyles greater fuel efficiency

these engine offers compare to automobile and other light vehicle and higher petroleum cost are driving

the demand for motorcycle market. Moreover, development of new internal combustion (ICE) engines,

easy to operate in congested urban areas and low cost are some of the major growth opportunities of

motorcycle market. Harley-Davidson dominates the motorcycle market.

As it is known that fuel such as petroleum is a non-renewable source of energy. Petroleum cost is

increasing day by day also due to the increase in the number of vehicle. On the other hand, now a day

light vehicle become more affordable due to increase in the per capita income level as a result more

people are showing their interest in automobile such as car. In addition, motorcycles are more risky

compared...