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Dirt Bike Market Trends

  • Report ID: GMI6148
  • Published Date: Jul 2023
  • Report Format: PDF

Dirt Bike Market Trends

Increasing off-road leisure activities as well as the high demand for advanced off-road vehicles will drive the dirt bike market growth by 2032. The growing interest of the youth in recreational activities, such as trail sports, motorbike riding, and adventure sports, has augmented the industry demand. These factors along with the development of environmental-friendly bikes are raising awareness among non-users and environmentally conscious consumers.
 

Rising disposable incomes in many countries have made off-road recreational activities more accessible to a broader segment of the population. Individuals are more likely to invest in dirt bikes & related gear for leisure pursuits owing to the rise in discretionary incomes. The availability of financing options and affordable entry-level models have also contributed to industry statistics by making dirt bikes more attainable to a wider range of consumers.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of dirt bike reached USD 4 billion in 2022 and is anticipated to register 8% CAGR during 2023 to 2032 owing to the growing popularity of adventure sports and recreational activities.

The gasoline segment is expected to register over 6% growth rate from 2023-2032 as these bikes feature sturdy frames, rugged tires and robust suspension systems, making them withstand the difficulties of off-road riding.

Asia Pacific dirt bike sector was valued at USD 1.5 billion in 2022 and will continue to showcase impressive growth trend attributed to favorable policies and increasing government expenditures on infrastructure for recreational activities.

Yamaha Motor Co., Ltd., Suzuki Motor Corporation, KTM AG, BMW, Honda Motor Co., Ltd., Cobra Moto, SSR Motorsports, Bultaco Bikes, Husqvarna Motorcycles, Piaggio & C. SpA, Scorpa, Kawasaki Heavy Industries, Ltd., TVS Motor Company, and Hero MotoCorp.

Dirt Bike Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 14
  • Tables & Figures: 362
  • Countries covered: 19
  • Pages: 200
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