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On-Road Motorcycles Market Value Growth And Long-Term Outlook
The on-road motorcycles market size has grown rapidly in recent years. It will grow from $73.79 billion in 2025 to $82.17 billion in 2026 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to urban commuting demand, fuel efficient mobility needs, sports biking culture, two wheeler affordability, expanding road infrastructure.
The on-road motorcycles market size is expected to see rapid growth in the next few years. It will grow to $128 billion in 2030 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to electric two wheeler adoption, premium motorcycle demand, safety technology integration, rising disposable incomes, connected vehicle features. Major trends in the forecast period include growth of electric motorcycles, rising demand for sports and touring bikes, advanced rider assistance features, lightweight frame materials, customization and connected features.
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On-Road Motorcycles Market Demand Drivers Opening New Revenue Streams
An increase in demand for two-wheelers is expected to propel the growth of the on-road motorcycle market going forward. Two-wheeler vehicles are motorized automotive vehicles having only two wheels, such as scooters, motorcycles, and mopeds, with the motor and engine linked to each wheel. Due to a lack of well-established public transportation, the demand for motorbikes and scooters has expanded dramatically in rural areas. For instance, in February 2023, according to MotorCycles Data, a UK-based sales data reporting company for motorcycle brands, the sales of Honda Motor Co., Ltd., a Japan-based automobile, motorcycle, and two-wheeler manufacturing company, reported 17.6 million sales, a 4.9% rise over the previous year, with a 29.4% market share globally. Therefore, the increase in demand for two-wheelers is driving the on-road motorcycle market.
On-Road Motorcycles Market Segment Breakdown: Which Categories Lead On Revenue?
The on-road motorcycles market covered in this report is segmented –
1) By Type: Sports Bikes, Cruiser Motorcycles, Touring Motorcycles, Standard Motorcycles
2) By Application: Personal, Commercial
3) By End User: Private Riders, Commercial And Fleet Operators, Government And Public Services
Subsegments:
1) By Sports Bikes: Superbikes, SuperSport Bikes, Naked Sports Bikes, Adventure Sport Bikes
2) By Cruiser Motorcycles: Classic Cruisers, Power Cruisers, Touring Cruisers, Custom Cruisers
3) By Touring Motorcycles: Full-Size Touring Bikes, Adventure Touring Bikes, Sport Touring Bikes, Lightweight Touring Bikes
4) By Standard Motorcycles: Retro Standards, Commuter Motorcycles, Universal Motorcycles, Dual-Sport Motorcycles
On-Road Motorcycles Market Trends Powering Strategic Industry Growth
Major companies operating in the on-road motorcycle market are focusing on strategic investments. The strategic investment provides the investing company with resources at a reasonable cost. For instance, in September 2023, Raptee is India-based manufacturer of on-road electric motorcycles, has secured $3 million in an all-equity pre-Series A financing headed by VC fund Bluehill Capital. Raptee will utilize the funds to expand its manufacturing facilities, purchase machinery and tools for its soon-to-be-released motorcycle, and expand its crew.
On-Road Motorcycles Market Leading Players And Competitive Positioning
Major companies operating in the on-road motorcycles market report include Harley-Davidson Incorporation, Yamaha Motor Co. Ltd., Ducati Motor Holding SpA, Honda Motor Co. Ltd., Kawasaki Heavy Industries Ltd., Suzuki Motor Corporation, Triumph Motorcycles Ltd., Bayerische Motoren Werke AG, KTM AG, Aprilia SpA, Moto Guzzi, Vespa, Indian Motorcycle International LLC, Husqvarna Motorcycles GmbH, Royal Enfield, MV Agusta Motor SpA, Bajaj Auto Limited, Benelli QJ, Hyosung TNC Co. Ltd., Zero Motorcycles Inc., IMZ-Ural, Norton Motorcycle Co. Ltd., Lightning Motorcycles Crop., Guangdong Tayo Motorcycle Technology Co. Ltd., Bimota, Voxan Motors
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On-Road Motorcycles Market Regional Split: Which Areas Are Fueling Growth?
Asia-Pacific was the largest region in the on-road motorcycles market in 2025North America is expected to be the fastest-growing region in the forecast period. The regions covered in the on-road motorcycles market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
