Technavio, a tech-focused market research firm, has published a new report on the global semi-automatic motorcycles market, which is expected to grow at a CAGR of more than 21% during the forecast period, 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global semi-automatic motorcycles market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Top three contributors for the global semi-automatic motorcycles market are elaborated below:
Semi-automatic motorcycles market in EMEA: During 2016, France, Italy, Germany, Spain, and the UK were the key revenue generating countries in the semi-automatic motorcycles market in EMEA. The increased adoption of semi-automatic motorcycles in this region is fueled by the demand for increased comfort.
According to Avimanyu Basu, a lead analyst at Technavio, specializing in research on automotive manufacturing, “The increased penetration of scooters is also expected to reflect positively on the preference for clutch-less systems such as semi-automatic scooters in this region during the forecast period.”
Semi-automatic motorcycles market in Americas: The market for semi-automatic scooters in the Americas is fueled by factors such as the rise in adoption of ultra-luxury motorcycles and an increase in aftermarket fitment by luxury motorcycle riders. The US and Canada are the key revenue generating countries in this region.
Semi-automatic motorcycle market in APAC: Factors such as rising HNWI population and rising population of younger individuals with high disposable income are anticipated to drive the demand for semi-automatic motorcycles market in this region. Japan, China, and India are the prominent countries in the semi-automatic motorcycles market in APAC.
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The top vendors operating in the global semi-automatic motorcycles market are:
- Honda
- BMW Motorrad
- Yamaha Motor Company
- Ducati
Other prominent vendors in the market include Aprilia, ShiftFX, Suzuki, and TVS Motor Company.
A more detailed analysis is available in the Technavio report titled, ‘Global Semi-Automatic Motorcycles Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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- Global Motorcycle E-Call Market 2017-2021
- Global Motorcycle Rental Market 2016-2020
- Global Motorcycle Lighting Market 2017-2021
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