The global off-road motorcycle market is poised for significant growth, with an expected physically powerful CAGR of 5. 9% between 2022 and 2032. The market, valued at approximately $14. 3 billion in 2021, is expected to nearly double , up to approximately $27 billion over the course of the year. end of 2032. Historical data from Future Market Insights that the market grew at a CAGR of 6. 2% between 2017 and 2021.
Motocross motorcycles contribute the most to the profits of the global dirt bike market, and retail remains the number one sales channel. This segment experienced a CAGR of 5. 7% between 2017 and 2021. The expansion of the market is driven by recent technological advancements, the rise of bicycle culture reinforced through recommendations and media exposure, and the growing environmental appeal of off-road electric motorcycles.
The United States is expected to dominate the global off-road motorcycle market, thereby becoming the largest market during the forecast period. The US market is expected to represent more than $3. 6 billion in absolute dollar opportunities over the next decade.
Key things to remember
Get the data you want – connect with sales to protect your copy of the report now!
Competitive landscape
Off-road motorcycle brands are working hard to create new design concepts, leverage new technologies, expand fewer models to appeal to a broader audience, and create more environmentally effective versions of their products.
Key Cover
More data on the off-road market
The North American region is expected to dominate the global market as it contains a giant amount of terrain and spaces suitable for riding off-road motorcycles, along with greater protective infrastructure on those trails, which form the core of the demand, with an amount of 4. 9 billion dollars. absolute opportunity in dollars between 2022 and 2032.
The US off-road motorcycle market is becoming more evident thanks to well-established motorcycling communities and competitions, the prevalence of popular culture, and the vast expanses of off-road-friendly terrain that will continue to be the largest contributor to demanding a matrix with an expected market size. of USD 11. 1 billion through 2032 and an absolute dollar opportunity of USD 3. 6 billion over the 2022-2032 assessment period.
In-Depth Market Analysis: A Complete Report
Key Segments Covered Through the Dirt Motorcycle Industry Survey
Off-road market by type:
Dirt bike market through sales channel:
Off-Road Motorcycle Market by Region:
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award winner, and member of the New York Chamber of Commerce) provides deep insight into the drivers driving market demand. FMI is the world’s leading provider of market intelligence, consulting, and advisory. and event facilities in the packaging, food and beverage, consumer technology, healthcare, commercial and chemical markets. With a giant team of 400 analysts around the world, FMI provides global, regional, and local expertise in industry spaces and trends in more than 110 countries.
Contact us: