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Pit Bike Market Share

Report ID: GMI6151
Published Date: Jul 2023
Report Format: PDF

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Pit Bike Market Share

Major companies operating in the pit bike industry landscape are:

Yamaha Motor Co., Ltd
Honda Motor Co., Ltd
Kawasaki
SSR Motorsports
Apollo
Thumpstar
Pitster Pro
Piranha
Coolster
Tao Motor
BBR Motorsports,
Stomp.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of pit bike reached at USD 1,981.7 million in 2022 and is estimated to grow at a CAGR of over 7% during 2023 to 2032 owing to the demand for these bikes as they are well-suited for navigating tight tracks, trails or motocross circuits.

The recreation segment held a industry share of 43% in 2022, due to the rising youth participation in outdoor recreational activities as well as the increasing applications of off-road vehicles in recreational & adventure sports.

Asia Pacific pit bike sector was valued at over USD 800 million in 2022 and will keep growing owing to favorable policies as well as rising government expenditures on infrastructures for recreational activities.

Yamaha Motor Co., Ltd., Honda Motor Co., Ltd., Kawasaki, SSR Motorsports, Apollo, Thumpstar, Pitster Pro, Piranha, Coolster, Tao Motor, BBR Motorsports, and Stomp.