TechNavio today launched its report Global Motorcycle Market 2011-2015 based on an in-depth study covering the APAC, the Americas, and the Europe regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said; ”The Global Motorcycle market is expected to witness an increasing focus on safety and environmental norms in the near future. This inclination toward addressing safety and environmental issues has had a great impact on technological developments. For instance, higher standards of safety, emissions, and advanced technology are required to sell motorcycles in developed regions such as those in North America and Europe.”
According to the report, the Global Motorcycle market is driven by the increasing demand from the emerging markets. The Motorcycle market in the emerging countries is expanding along with economic growth. Furthermore, the under-penetrated emerging markets such as India, as compared to other emerging markets, provide adequate opportunity for future growth. Although India is one of the major Motorcycle markets in the world in terms of sales volumes, after China, the motorcycle household penetration level in the country is much lower than other emerging markets such as Brazil, Indonesia, Thailand, and Taiwan. Also, the penetration rates differ between India’s rural and urban areas. Hence, the increasing demand from the emerging markets is driving the Global Motorcycle market.
Further, the report discusses that the ongoing requisites of emissions standards could turn out to be a major concern to companies in the Global Motorcycle market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit http://goo.gl/E29oI
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Automotive, please visit https://www.technavio.com/automotive
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TechNavio Announces the Publication of its Report – Global Motorcycle Market 2011-2015
