Motorcycle Dealership and Repair in the US - Industry Market Research Report

Motorcycle Dealership and Repair in the US - Industry Market Research Report

  • February 2021 •
  • 44 pages •
  • Report ID: 198891 •
  • Format: PDF
Hitting the road: Volatility in fuel prices is expected to buoy industry demand

Abstract

Motorcycle Dealership and Repair in the US
The Motorcycle Dealership and Repair industry retails motorcycles and other types of motor-powered vehicles (e.g. all-terrain vehicles and motor scooters) to consumers. This industry’s products are primarily considered discretionary purchases; as a result, industry revenue is strongly tied to disposable income levels. For the same reason, consumer sentiment is strongly linked to industry revenue. Over the five years to 2019, improving economic conditions have enabled more consumers to purchase new motorcycles and have repair and maintenance work done on their existing vehicles. Furthermore, the number of households earning more than $100,000 has increased over the past five years, translating to growth in number of prime customers for the industry. As a result of these trends, industry revenue has increased duirng the current period. Over the five years to 2024, industry revenue is forecast to increased only marginally. The industry is expected to be negatively affected by declining consumer confidence over the next five years

The Motorcycle Dealership and Repair industry sells or repairs motorcycles, all-terrain vehicles and personal watercrafts. Operators in this industry also provide repair services and retail replacement parts and accessories.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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