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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...